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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash, cash equivalents and Restricted cash $ 9,783,932 $ 3,776,111
Accounts receivable, net of allowance for doubtful accounts of $612,434 and $971,772 at December 31, 2019 and December 31, 2018, respectively 6,272,760 1,308,122
Inventories, net 5,199,238 4,432,055
Unbilled receivables 3,202,799 1,098,796
Prepaid expenses 255,470 133,847
Contract assets 2,773,058 624,275
Total Current Assets 27,487,257 11,373,206
Long-Term Assets:    
Property and Equipment, net 4,825,952 1,431,649
Operating lease right-of-use assets 5,053,614
Deposits and other 498,053 353,646
Intangible assets, net 488,716 748
Goodwill 236,131
Total Long-term Assets 11,102,466 1,786,043
Total Assets 38,589,723 13,159,249
Current Liabilities:    
Accounts payable 4,339,070 2,122,479
Accrued expenses 3,222,951 1,868,659
Current portion of finance lease obligations 34,772 13,789
Current maturities of operating lease liabilities 999,685
Current portion of contingent earn-out 299,585
Contract liabilities 1,421,376 615,116
Income taxes payable 14,692 570
Total Current Liabilities 10,332,131 4,619,613
Deferred tax liability 338,763
Finance lease obligation, net of current portion 172,273
Operating lease liability, net of current maturities 4,141,855
Contingent earn-out, net of current portion 599,170
Total Long-term liabilities 5,252,061
Total Liabilities 15,584,192 4,619,613
Stockholders' Equity:    
Series A Mandatory Convertible Preferred stock; par value $0.001, 2,500,000 shares authorized, 0 and 0 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively
Common stock; par value $0.001, 25,000,000 shares authorized 20,547,668 and 18,228,887 (each after the 4-to-1 reverse stock split) shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 20,548 18,229
Additional paid-in capital 61,398,150 46,552,487
Accumulated deficit (32,246,608) (32,286,224)
Accumulated other comprehensive loss (6,166,559) (5,744,856)
Total Stockholders' Equity 23,005,531 8,539,636
Total Liabilities and Stockholders' Equity $ 38,589,723 $ 13,159,249