0001104659-19-060808.txt : 20191107 0001104659-19-060808.hdr.sgml : 20191107 20191107070153 ACCESSION NUMBER: 0001104659-19-060808 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 71 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191107 DATE AS OF CHANGE: 20191107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IRADIMED CORP CENTRAL INDEX KEY: 0001325618 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 731408526 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36534 FILM NUMBER: 191198080 BUSINESS ADDRESS: STREET 1: 1025 WILLA SPRINGS DR. CITY: WINTER SPRINGS STATE: FL ZIP: 32708 BUSINESS PHONE: 4076778022 MAIL ADDRESS: STREET 1: 1025 WILLA SPRINGS DR. CITY: WINTER SPRINGS STATE: FL ZIP: 32708 10-Q 1 a19-17594_110q.htm 10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended September 30, 2019

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File No.: 001-36534

IRADIMED CORPORATION

(Exact name of Registrant as specified in its charter)

Delaware		73-1408526
(State or other jurisdiction of		(I.R.S. Employer
incorporation or organization)		Identification Number

1025 Willa Springs Drive
Winter Springs, Florida		32708
(Address of principal executive offices)		(Zip Code)

(407) 677-8022

(Registrant’s telephone number, including area code)

N/A

(Former Name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:		Trading Symbol		Name of each exchange on which registered:
Common stock, par value $0.0001		IRMD		NASDAQ Capital Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” as defined in Rule 12b-2 of the Exchange Act.

Large accelerated filer o		Accelerated filer o

Non-accelerated filer o		Smaller reporting company x
		Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Yes x No o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

The registrant had 11,484,583 shares of common stock, par value $0.0001 per share, outstanding as of October 31, 2019.

Table of Contents

IRADIMED CORPORATION

Table of Contents

				Page
Part I	Financial Information

	Item 1	Condensed Financial Statements		2

		(a)	Condensed Balance Sheets as of September 30, 2019 (Unaudited) and December 31, 2018	2

		(b)	Condensed Statements of Operations for the Three and Nine Months Ended September 30, 2019 and 2018 (Unaudited)	3

		(c)	Condensed Statements of Comprehensive Income for the Three and Nine Months Ended September 30, 2019 and 2018 (Unaudited)	4

		(d)	Condensed Statements of Stockholders’ Equity for the Three and Nine Months Ended September 30, 2019 and 2018 (Unaudited)	5

		(e)	Condensed Statements of Cash Flows for the Nine Months Ended September 30, 2019 and 2018 (Unaudited)	6

		(f)	Notes to Unaudited Condensed Financial Statements	7

	Item 2	Management’s Discussion and Analysis of Financial Condition and Results of Operations		17

	Item 3	Quantitative and Qualitative Disclosures About Market Risk		23

	Item 4	Controls and Procedures		24

Part II	Other Information

	Item 1	Legal Proceedings		25

	Item 1A	Risk Factors		25

	Item 2	Unregistered Sale of Equity Securities and Use of Proceeds		42

	Item 3	Default Upon Senior Securities		42

	Item 4	Mine Safety Disclosures		42

	Item 5	Other Information		42

	Item 6.	Exhibits		43

Signatures				44

Table of Contents

PART I. FINANCIAL INFORMATION

Item 1. Condensed Financial Statements

IRADIMED CORPORATION
CONDENSED BALANCE SHEETS

	September 30, 2019		December 31, 2018
	(unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	38,637,408	$	28,027,688
Accounts receivable, net of allowance for doubtful accounts of $67,837 as of September 30, 2019 and $42,443 as of December 31, 2018	6,924,977		4,209,992
Investments	3,926,904		6,349,915
Inventory, net	4,351,040		4,059,443
Prepaid expenses and other current assets	566,375		526,787
Prepaid income taxes	1,106,087		1,367,892
Total current assets	55,512,791		44,541,717
Property and equipment, net	1,973,131		1,869,561
Intangible assets, net	824,959		832,519
Operating lease right-of-use asset	3,013,865		—
Deferred income taxes, net	1,038,833		1,088,702
Other assets	207,759		109,759
Total assets	$	62,571,338	$	48,442,258
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	1,173,930	$	772,470
Accrued payroll and benefits	2,236,649		1,802,321
Other accrued taxes	84,784		133,000
Warranty reserve	77,497		74,524
Deferred revenue	1,734,799		1,798,784
Current portion of operating lease liability	237,266		—
Other current liability	108,421		108,421
Total current liabilities	5,653,346		4,689,520
Deferred revenue	2,368,495		1,807,005
Operating lease liability, less current portion	2,776,599		—
Total liabilities	10,798,440		6,496,525
Stockholders’ equity:
Common stock; $0.0001 par value; 31,500,000 shares authorized; 11,431,467 shares issued and outstanding as of September 30, 2019 and 10,989,111 shares issued and outstanding as of December 31, 2018	1,143		1,099
Additional paid-in capital	18,683,848		15,317,335
Retained earnings	33,058,767		26,669,491
Accumulated other comprehensive income (loss)	29,140		(42,192		)
Total stockholders’ equity	51,772,898		41,945,733
Total liabilities and stockholders’ equity	$	62,571,338	$	48,442,258

See accompanying notes to unaudited condensed financial statements.

Table of Contents

IRADIMED CORPORATION

CONDENSED STATEMENTS OF OPERATIONS

(Unaudited)

	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
	2019		2018			2019		2018
Revenue	$	9,963,299	$	7,614,655		$	27,626,488	$	22,099,591
Cost of revenue	2,168,208		1,826,716			6,074,323		5,229,141
Gross profit	7,795,091		5,787,939			21,552,165		16,870,450
Operating expenses:
General and administrative	2,609,722		2,181,839			7,482,790		6,563,727
Sales and marketing	2,297,002		1,784,418			6,607,477		4,946,398
Research and development	369,526		373,583			1,053,409		1,149,397
Total operating expenses	5,276,250		4,339,840			15,143,676		12,659,522
Income from operations	2,518,841		1,448,099			6,408,489		4,210,928
Other income, net	110,064		42,555			280,663		110,465
Income before provision for income taxes	2,628,905		1,490,654			6,689,152		4,321,393
Provision for income tax expense (benefit)	174,035		(909,619		)	299,876		(275,044		)
Net income	$	2,454,870	$	2,400,273		$	6,389,276	$	4,596,437
Net income per share:
Basic	$	0.22	$	0.22		$	0.57	$	0.43
Diluted	$	0.20	$	0.20		$	0.52	$	0.38
Weighted average shares outstanding:
Basic	11,369,404		10,824,421			11,188,761		10,695,601
Diluted	12,309,948		12,195,870			12,248,102		12,059,694

See accompanying notes to unaudited condensed financial statements.

Table of Contents

IRADIMED CORPORATION

CONDENSED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
	2019			2018		2019			2018
Net income	$	2,454,870		$	2,400,273	$	6,389,276		$	4,596,437
Other comprehensive income (loss):
Change in fair value of available-for-sale securities, net of tax expense (benefit) of $4,429 and $2,299 for the three months ended September 30, 2019 and 2018, respectively, and $24,756 and $(10,714) for the nine months ended September 30, 2019 and 2018, respectively	11,615			6,566		74,233			(32,180		)
Realized (gain) loss on available-for-sale securities reclassified to net income, net of tax expense (benefit) of $1,895 and $(5,601) for the three months ended September 30, 2019 and 2018, respectively, and $958 and $(6,103) for the nine months ended September 30, 2019 and 2018, respectively	(5,742		)	16,099		(2,901		)	16,926
Other comprehensive income (loss)	5,873			22,665		71,332			(15,254		)
Comprehensive income	$	2,460,743		$	2,422,938	$	6,460,608		$	4,581,183

See accompanying notes to unaudited condensed financial statements.

Table of Contents

IRADIMED CORPORATION

CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY

(Unaudited)

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2019			2018			2019			2018
Common stock:
Balance at beginning of period	$	1,120		$	1,067		$	1,099		$	1,060
Net share settlement of restricted stock units	—			—			3			2
Exercise of stock options and warrants	23			26			41			31
Balance at end of period	1,143			1,093			1,143			1,093

Additional paid-in capital:
Balance at beginning of period	16,520,138			13,701,066			15,317,335			12,623,181
Stock compensation expense	455,641			503,556			1,306,430			1,361,964
Net share settlement of restricted stock units	(1,186		)	(818		)	(149,401		)	(16,416		)
Exercise of stock options and warrants	1,709,255			999,459			2,209,484			1,234,534
Balance at end of period	18,683,848			15,203,263			18,683,848			15,203,263

Retained earnings:
Balance at beginning of period	30,603,897			22,562,205			26,669,491			20,355,545
Net income	2,454,870			2,400,273			6,389,276			4,596,437
Cumulative effect from adoption of accounting standard update	—			—			—			10,496
Balance at end of period	33,058,767			24,962,478			33,058,767			24,962,478

Accumulated other comprehensive income (loss):
Balance at beginning of period	23,267			(97,324		)	(42,192		)	(48,909		)
Other comprehensive income (loss)	5,873			22,665			71,332			(15,254		)
Cumulative effect of adoption of accounting standard update	—			—			—			(10,496		)
Balance at end of period	29,140			(74,659		)	29,140			(74,659		)

Total stockholders’ equity	$	51,772,898		$	40,092,175		$	51,772,898		$	40,092,175

See accompanying notes to unaudited condensed financial statements.

Table of Contents

IRADIMED CORPORATION

CONDENSED STATEMENTS OF CASH FLOWS

(Unaudited)

	Nine Months Ended September 30,
	2019			2018
Operating activities:
Net income	$	6,389,276		$	4,596,437
Adjustments to reconcile net income to net cash provided by operating activities:
Change in allowance for doubtful accounts	27,532			26,146
Change in provision for excess and obsolete inventory	104,407			97,901
Depreciation and amortization	961,597			844,885
Stock-based compensation	1,306,430			1,361,964
Deferred income taxes, net	26,071			(272,056		)
(Gain) loss on maturities of investments	(3,859		)	22,486
Changes in operating assets and liabilities:
Accounts receivable	(2,742,517		)	(1,466,476		)
Inventory	(570,242		)	(257,884		)
Prepaid expenses and other current assets	(547,694		)	(430,889		)
Other assets	(150,386		)	(19,833		)
Accounts payable	293,810			203,918
Accrued payroll and benefits	434,328			298,646
Other accrued taxes	(48,216		)	(23,221		)
Warranty reserve	2,973			(20,587		)
Deferred revenue	537,700			166,344
Other current liability	—			(150		)
Prepaid income taxes, net of accrued income taxes	261,805			(1,293,989		)
Other	859			—
Net cash provided by operating activities	6,283,874			3,833,642
Investing activities:
Purchases of investments	—			(1,124,512		)
Proceeds from maturity of investments	2,522,000			1,730,000
Purchases of property and equipment	(196,369		)	(150,609		)
Capitalized intangible assets	(59,912		)	(13,484		)
Net cash provided by investing activities	2,265,719			441,395
Financing activities:
Proceeds from exercises of stock options and warrants	2,209,525			1,234,565
Taxes paid related to the net share settlement of equity awards	(149,398		)	(16,414		)
Net cash provided by financing activities	2,060,127			1,218,151
Net increase in cash and cash equivalents	10,609,720			5,493,188
Cash and cash equivalents, beginning of period	28,027,688			18,205,976
Cash and cash equivalents, end of period	$	38,637,408		$	23,699,164
Supplemental disclosure of cash flow information:
Cash paid for income taxes	$	12,000		$	1,291,160
Right-of-use asset recognized in exchange for new lease obligation	$	3,182,724		$	—
Operating and short-term lease payments recorded within cash flow from operating activities	$	320,907		$	355,125

See accompanying notes to unaudited condensed financial statements.

Table of Contents

IRADIMED CORPORATION

Notes to Unaudited Condensed Financial Statements

1 — Basis of Presentation

The accompanying interim condensed financial statements of IRADIMED CORPORATION (“IRADIMED”, the “Company”, “we”, “our”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally presented in annual financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. The interim financial information is unaudited, but reflects all normal adjustments that are, in the opinion of management, necessary for the fair presentation of our financial position, results of operations and cash flows for the interim periods presented. Operating results for the three and nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019.

These accompanying interim condensed financial statements should be read with the financial statements and related footnotes to financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2018. The accounting policies followed in the preparation of these interim condensed financial statements, except as described in Note 1, are consistent in all material respects with those described in Note 1 of our Form 10-K.

We operate in one reportable segment which is the development, manufacture and sale of MRI compatible medical devices, related accessories, disposables and services for use by hospitals and acute care facilities during MRI procedures.

Close-Out of FDA Warning Letter

As announced on October 8, 2019, we received a close-out letter from the FDA with respect to the FDA warning letter previously received in August 2014. We received this warning letter following a routine inspection of our prior facility between April 7 and April 16, 2014. The close-out letter confirmed that all issues cited in the August 2014 warning letter have been resolved.

CE Mark for Products

On January 16, 2019, we were notified by the U.K. Notified Body, UL International Ltd. (“UL”) that their recent technical file review of our 3880 MRI compatible patient vital signs monitoring system could not be completed as aspects of clinical evaluation reporting, as required by newly issued guidance from the European Union, was not acceptable, resulting in a technical non-conformity. Accordingly, UL issued temporary EC Certificates that include our MRI compatible IV infusion pump system and related IV tubing sets and excludes our 3880 patient vital signs monitoring system. These temporary EC Certificates extended through July 27, 2019. We immediately suspended shipments of our 3880 patient vital signs monitor to all markets requiring a CE Mark.

On July 3, 2019, during the process of addressing the technical non-conformity associated with the review of our 3880 MRI compatible patient vital signs monitoring system, UL notified its customers of their decision to cease operations as a notified body and would continue the process of transferring all customers to the Polish Center for Testing and Certification (Polskie Centrum Badań i Certyfikacji S.A.) (“PCBC”) based in Warsaw, Poland. UL notified us that they transferred our EC Certificates to PCBC and, in August 2019, we received renewed EC Certificates for our MRI compatible IV infusion pump system and related IV tubing sets with an additional 4-year term.

UL’s decision to cease operations as a medical device notified body caused us to seek a new notified body for certification of our 3880 MRI compatible patient vital signs monitoring system. Concurrent to UL’s announcement, we engaged Ente Certificazione Macchine (“ECM”) as our notified body for the 3880 MRI compatible patient vital signs monitoring system. We are actively working through the recertification process with ECM and expect to complete this process and resume shipments into all markets requiring a CE Mark during our fiscal fourth quarter 2019, however, there can be no assurance that these efforts will be successful.

Certain Significant Risks and Uncertainties

Table of Contents

Recent Accounting Pronouncements

Accounting Pronouncements Implemented in 2019

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842). This update requires lessees to recognize, on the balance sheet, assets and liabilities for the rights and obligations created by all leases not considered short-term leases. For short-term leases, lessees may elect an accounting policy by class of underlying assets under which right-of-use assets and lease liabilities are not recognized and lease payments are generally recognized as expense over the lease term on a straight-line basis.

We adopted this update on January 1, 2019 and, as part of that process, made the following elections:

· We elected to use the hindsight practical expedient.

· We elected the package of practical expedients in transition for leases that commenced prior to January 1, 2019 whereby contracts were not reassessed or reclassified from their previous assessment as of December 31, 2018.

· In March 2018, the FASB approved an optional transition method that allows companies to use the effective date as the date of initial application on transition. We elected this transition method, and as a result, did not adjust comparative period financial information or make the newly required lease disclosures for periods before the effective date.

· We elected to make the accounting policy election for short-term leases resulting in lease payments being recorded as an expense on a straight-line basis over the lease term.

· We elected to not separate lease and nonlease components, for all leases.

· We did not elect the land easement practical expedient.

The impact of Topic 842 on our Balance Sheet beginning January 1, 2019 was through the recognition of an operating lease right-of-use asset and operating lease liability. Amounts recognized at January 1, 2109 for operating leases were as follows:

	January 1, 2019
Operating lease right-of-use asset	$	3,182,724
Current portion of operating lease liability	$	226,852
Operating lease liability, less current portion	$	2,955,872

There was no impact to our Condensed Statements of Operations, Condensed Statements of Cash Flows or beginning retained earnings related to the adoption of Topic 842.

Recently Issued Accounting Pronouncements to be Implemented

In August 2018, the FASB issued ASU 2018-03, Fair Value Measurement (Topic 820). This update modifies disclosure requirements related to fair value measurements. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. Implementation on a prospective or retrospective basis varies by specific disclosure requirement. Early adoption is permitted. The ASU also allows for early adoption of any removed or modified disclosures upon issuance of this ASU, while delaying adoption of the additional disclosures until their effective date. We do not expect the adoption of this guidance will have a material impact upon our footnote disclosures.

In June 2016, the FASB issued 2016-03, Financial Instruments — Credit Losses (Topic 326). This update requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. In addition, for available-for-sale debt securities, this ASU replaces the other-than-temporary impairment model and requires the recognition of an allowance for reductions in a security’s fair value attributable to declines in credit quality, instead of a direct write-down of the security, when a valuation decline is determined to be other-than-temporary. The ASU requires a cumulative-effect adjustment to retained earnings as of the beginning of the reporting period of adoption. The amendments in this ASU are effective for fiscal years beginning after December 15, 2019 and for interim periods therein. Companies may choose to adopt this ASU as of its fiscal year beginning after December 15, 2018. We did not early adopt this standard. We do not believe this ASU will have a material impact on our financial condition or statements of operations.

Table of Contents

2 — Revenue Recognition

Disaggregation of Revenue

We disaggregate revenue from contracts with customers by geographic region and revenue type as we believe it best depicts the nature, amount, timing and uncertainty of our revenue and cash flow.

Revenue information by geographic region is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(unaudited)				(unaudited)
United States	$	8,281,854	$	6,099,767	$	22,916,642	$	17,808,918
International	1,681,445		1,514,888		4,709,846		4,290,673
Total revenue	$	9,963,299	$	7,614,655	$	27,626,488	$	22,099,591

Revenue information by type is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(unaudited)				(unaudited)
Devices:
MRI Compatible IV Infusion Pump Systems	$	4,769,252	$	3,532,670	$	13,512,548	$	10,748,830
MRI Compatible Patient Vital Signs Monitoring Systems	2,557,889		1,817,361		6,215,528		4,526,735
Total Devices Revenue	7,327,141		5,350,031		19,728,076		15,275,565
Disposables and Services	2,162,602		1,874,439		6,513,030		5,722,573
Amortization of extended warranty agreements	473,556		390,185		1,385,382		1,101,453
Total revenue	$	9,963,299	$	7,614,655	$	27,626,488	$	22,099,591

Contract Liabilities

Our contract liabilities consist of:

	September 30, 2019		December 31, 2018
	(unaudited)
Advance payments from customers	$	40,726	$	180,425
Shipments in-transit	40,195		9,582
Extended warranty agreements	4,022,373		3,415,782
Total	$	4,103,294	$	3,605,789

Table of Contents

Changes in the contract liabilities during the periods presented are as follows:

	Deferred Revenue
Contract liabilities, December 31, 2018	$	3,605,789
Increases due to cash received from customers	2,530,978
Decreases due to recognition of revenue	(2,033,473		)
Contract liabilities, September 30, 2019	$	4,103,294

	Deferred Revenue
Contract liabilities, December 31, 2017	$	3,621,256
Increases due to cash received from customers	1,764,735
Decreases due to recognition of revenue	(1,683,256		)
Contract liabilities, September 30, 2018	$	3,702,735

Capitalized Contract Costs

Our capitalized contract costs consist of:

	September 30, 2019		December 31, 2018
	(unaudited)
Capitalized contract costs	$	331,633	$	181,248

Expense for the three and nine months ended September 30, 2019 and 2018 related to the amortization of capitalized contract costs were immaterial to our financial statements.

3 — Basic and Diluted Net Income per Share

Basic net income per share is based upon the weighted-average number of common shares outstanding during the period. Diluted net income per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The underwriters’ warrants, stock options and restricted stock units granted by us represent the only dilutive effect reflected in diluted weighted-average shares outstanding. See the Warrants portion of Note 10.

The following table presents the computation of basic and diluted net income per share:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(unaudited)				(unaudited)
Net income	$	2,454,870	$	2,400,273	$	6,389,276	$	4,596,437
Weighted-average shares outstanding — Basic	11,369,404		10,824,421		11,188,761		10,695,601
Effect of dilutive securities:
Underwriters’ warrants	41,124		107,820		69,183		86,469
Stock Options	822,128		1,115,986		899,311		1,167,050
Restricted Stock Units	77,292		147,643		90,847		110,574
Weighted-average shares outstanding — Diluted	12,309,948		12,195,870		12,248,102		12,059,694
Basic net income per share	$	0.22	$	0.22	$	0.57	$	0.43
Diluted net income per share	$	0.20	$	0.20	$	0.52	$	0.38

Stock options and warrants to purchase shares of our common stock and restricted stock units excluded from the calculation of diluted net income per share because the effect would have been anti-dilutive are as follows:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2019	2018	2019	2018
	(unaudited)		(unaudited)
Anti-dilutive stock options and restricted stock units	117,584	10,196	14,991	39,869

Table of Contents

4 — Inventory

Inventory consists of:

	September 30, 2019			December 31, 2018
	(unaudited)
Raw materials	$	3,444,132		$	3,408,158
Work in process	287,274			305,562
Finished goods	836,803			557,566
Inventory before allowance for excess and obsolete	4,568,209			4,271,286
Allowance for excess and obsolete	(217,169		)	(211,843		)
Total	$	4,351,040		$	4,059,443

5 — Property and Equipment

Property and equipment consist of:

	September 30, 2019			December 31, 2018
	(unaudited)
Computer software and hardware	$	562,984		$	555,292
Furniture and fixtures	1,129,000			901,415
Leasehold improvements	217,893			202,026
Machinery and equipment	2,293,304			2,184,015
Tooling in-process	86,141			58,263
	4,289,322			3,901,011
Accumulated depreciation	(2,316,191		)	(2,031,450		)
Total	$	1,973,131		$	1,869,561

Depreciation expense of property and equipment was $122,834 and $121,133 for the three months ended September 30, 2019 and 2018, respectively, and $373,828 and $345,592 for the nine months ended September 30, 2019 and 2018, respectively.

Property and equipment, net, information by geographic region is as follows:

	September 30, 2019		December 31, 2018
	(unaudited)
United States	$	1,587,554	$	1,439,545
International	385,577		430,016
Total property and equipment, net	$	1,973,131	$	1,869,561

Long-lived assets held outside of the United States consist principally of tooling and machinery and equipment, which are components of property and equipment, net.

6 — Intangible Assets

The following table summarizes the components of intangible asset balances:

	September 30, 2019			December 31, 2018
	(unaudited)
Patents — in use	$	304,270		$	304,270
Patents — in process	100,050			73,164
Internally developed software — in use	867,569			867,569
Internally developed software — in process	46,749			13,723
Trademarks	23,017			23,017
	1,341,655			1,281,743
Accumulated amortization	(516,696		)	(449,224		)
Total	$	824,959		$	832,519

Table of Contents

Amortization expense of intangible assets was $22,491 and $22,491 for the three months ended September 30, 2019 and 2018, respectively, and $67,472 and $66,842 for the nine months ended September 30, 2019 and 2018, respectively.

Expected annual amortization expense for the remaining portion of 2019 and the next five years related to intangible assets is as follows (excludes in process intangible assets):

Three months ending December 31, 2019	$	22,491
2020	89,963
2021	89,963
2022	89,392
2023	88,740
2024	88,439

7 — Investments

Our investments consist of corporate bonds that we have classified as available-for-sale and are summarized in the following tables:

	September 30, 2019
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Corporate bonds:
U.S. corporations	$	2,969,503	$	26,967	$	—	$	2,996,470
International corporations	918,417		12,017		—		930,434
Total	$	3,887,920	$	38,984	$	—	$	3,926,904

	December 31, 2018
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Corporate bonds:
U.S. corporations	$	5,487,645	$	—	$	58,309	$	5,429,336
International corporations	918,417		2,162		—		920,579
Total	$	6,406,062	$	2,162	$	58,309	$	6,349,915

Unrealized losses from the above investments for all periods presented are attributable to changes in interest rates. We do not believe any of these unrealized losses represent other-than-temporary impairments based on our evaluation of available evidence as of September 30, 2019.

8 — Fair Value Measurements

The fair values of cash equivalents, accounts receivables, net and accounts payable approximate their carrying amounts due to their short duration.

The fair value of our assets and liabilities subject to recurring fair value measurements are as follows:

	Fair Value at September 30, 2019
	Fair Value		Quoted Prices in Active Market for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Corporate bonds:
U.S. corporations	$	2,996,470	$	—	$	2,996,470	$	—
International corporations	930,434		—		930,434		—
Total	$	3,926,904	$	—	$	3,926,904	$	—

Table of Contents

	Fair Value at December 31, 2018
	Fair Value		Quoted Prices in Active Market for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Corporate bonds:
U.S. corporations	$	5,429,336	$	—	$	5,429,336	$	—
International corporations	920,579		—		920,579		—
Total	$	6,349,915	$	—	$	6,349,915	$	—

Our corporate bonds are valued by a third-party custodian at closing prices from secondary exchanges or pricing vendors on the valuation date.

There were no transfers into or out of any Levels during the nine months ended September 30, 2019 or the year ended December 31, 2018.

9 — Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive loss, net of tax, for the three months ended September 30, 2019 and 2018 are as follows:

	Unrealized (Losses) Gains on Available-For-Sale Securities
Balance at June 30, 2019	$	23,267
Gains on available-for-sale securities, net	11,615
Reclassification realized in net earnings	(5,742		)
Balance at September 30, 2019	$	29,140

Balance at June 30, 2018	$	(97,324	)
Gains on available-for-sale securities, net	6,566
Reclassification realized in net earnings	16,099
Balance at September 30, 2018	$	(74,659	)

The components of accumulated other comprehensive loss, net of tax, for the nine months ended September 30, 2019 and 2018 are as follows:

	Unrealized (Losses) Gains on Available-For-Sale Securities
Balance at December 31, 2018	$	(42,192	)
Gains on available-for-sale securities, net	74,233
Reclassification realized in net earnings	(2,901		)
Balance at September 30, 2019	$	29,140

Balance at December 31, 2017	$	(48,909	)
Losses on available-for-sale securities, net	(32,180		)
Reclassification realized in net earnings	16,926
Cumulative effect from adoption of accounting standard update	(10,496		)
Balance at September 30, 2018	$	(74,659	)

Table of Contents

10 — Stock-Based Compensation

Stock-based compensation was recognized as follows in the Condensed Statements of Operations:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(unaudited)				(unaudited)
Cost of revenue	$	67,452	$	70,000	$	188,295	$	207,498
General and administrative	279,125		312,043		802,205		795,280
Sales and marketing	89,274		82,994		258,573		244,887
Research and development	19,790		38,519		57,357		114,299
Total	$	455,641	$	503,556	$	1,306,430	$	1,361,964

As of September 30, 2019, we had $581,768 of unrecognized compensation cost related to unvested stock options, which is expected to be recognized over a weighted-average period of 3.8 years. As of September 30, 2019, we had $4,138,350 of unrecognized compensation cost related to unvested restricted stock units, which is expected to be recognized over a weighted-average period of 3.1 years.

The following table presents a summary of our stock-based compensation activity for the nine months ended September 30, 2019 (shares):

	Stock Options		Restricted Stock Units
Outstanding beginning of period	1,129,463		226,501
Awards granted	50,000		106,823
Awards exercised/vested	(252,551	)	(33,144	)
Awards canceled	(750	)	(13,246	)
Outstanding end of period	926,162		286,934

The weighted-average grant-date fair value of options granted during the nine months ended September 30, 2019 was $11.84.

Warrants

Associated with our IPO completed on July 21, 2014, we issued Underwriters Warrants (the “Warrants”) to purchase up to a total of 201,600 shares of our common stock. The grant date aggregate fair value of the Warrants was $611,000. The Warrants were exercisable, in whole or in part, commencing July 21, 2015 through July 21, 2017. The Warrants were exercisable at $8.125 per share, or 130 percent of the public offering price per share of our common stock in the IPO. On the grant date, we classified the Warrants as equity and incremental direct costs associated with our IPO. Accordingly, the issuance of the Warrants had no impact our financial statements.

The exercise price and number of Warrant shares may be adjusted (1) voluntarily at our discretion, or (2) if we undertake a stock split, stock dividend, recapitalization or reorganization of our common stock into a lesser / greater number of shares, the Warrant exercise price will be proportionately reduced / increased and the number of Warrant shares will be proportionately increased / decreased. The Warrant may only be settled through the issuance of our common stock in exchange for cash.

On July 17, 2017, our Board of Directors approved a modification to the Warrants. This modification extended the expiration date of the Warrants from July 17, 2017 to July 17, 2019 and revised the strike price from $8.125 to $10.05. The fair value of the amended Warrants was $2.42 per share as measured using the Black-Scholes options pricing model.

During the three months ended September 30, 2019, 162,031 warrants were exercised. As of September 30, 2019, no Warrants remained outstanding.

11 — Income Taxes

For the three and nine months ended September 30, 2019, we recorded a provision for income tax expense of $174,035 and $299,876, respectively. Our effective tax rate was 6.6 percent and 4.5 percent and differed from the U.S. Federal statutory rate primarily due to discrete items related to tax benefits associated with stock-based compensation and the foreign derived intangible income deduction, partially offset by U.S. state tax expense.

Table of Contents

For the three and nine months ended September 30, 2018, we recorded a provision for income tax benefit of $(909,619) and $(275,044), respectively. Our effective tax rate was (61.0) percent and (6.4) percent and differed from the U.S. Federal statutory rate primarily due to discrete items related to tax benefits associated with the exercise and sale of employee options and underwriters’ warrants, partially offset by U.S. state tax expense.

As of September 30, 2019 and December 31, 2018, we had not identified or accrued for any uncertain tax positions. We are currently unaware of any uncertain tax positions that could result in significant payments, accruals or other material deviations in this estimate over the next 12 months. We believe that our tax positions comply in all material respects with applicable tax law. However, tax law is subject to interpretation, and interpretations by taxing authorities could be different from ours, which could result in the imposition of additional taxes and penalties.

We file tax returns in the United States Federal jurisdiction and many U.S. state jurisdictions. The Company is subject to income tax examinations for our United States Federal and certain U.S. state income taxes for 2015 and subsequent years and various other U.S. state income taxes for 2014 and subsequent years.

12 — Leases

Lease assets and lease liabilities are recognized at the commencement of an arrangement where it is determined at inception that a lease exists. Lease assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. These assets and liabilities are initially recognized based on the present value of lease payments over the lease term calculated using our incremental borrowing rate, unless the rate implicit in the lease is readily determinable. Lease assets also include any upfront lease payments made and exclude lease incentives. Lease terms include options to extend or terminate leases when it is reasonably certain that those options will be exercised.

Variable lease payments are expensed as incurred and include annual rent adjustments based on the consumer price index. Leases with an initial term of 12 months or less are not recorded on the balance sheet, and the expense for these short-term leases and for operating leases is recognized on a straight-line basis over the lease term.

Lease agreements with lease and nonlease components are combined as a single lease component. The depreciable life of lease assets and leasehold improvements is limited by the expected lease term.

We have only one material lease contract outstanding. In January 2014, we entered into a non-cancelable operating lease, commencing July 1, 2014, for our manufacturing and headquarters facility in Winter Springs, Florida owned by Susi, LLC, an entity controlled by our Chairman of the Board and Chief Technology Officer, Roger Susi. Pursuant to the terms of our lease for this property, the monthly base rent is $34,133, adjusted annually for changes in the consumer price index. Under the terms of the lease, we are responsible for property taxes, insurance and maintenance expenses. Prior to May 31, 2019, the expiration date of the initial lease term, and pursuant to the terms of the lease contract, we renewed the lease for an additional five years, resulting in a new lease expiration date of May 31, 2024. Unless advance written notice of termination is timely provided, the lease will automatically renew for one additional successive term of five years each beginning in 2024, and thereafter, will be renewed for successive terms of one year each. For purposes of Topic 842, we concluded that we will exercise both of the five-year options, resulting in a remaining lease term of 9.7 years as of September 30, 2019. This lease agreement does not contain any residual value guarantee or material restrictive covenants.

Operating lease cost recognized in the Condensed Statements of Operations is as follows:

	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Cost of revenue	$	46,535	$	139,604
General and administrative	46,044		138,133
Sales and marketing	2,604		7,813
Research and development	7,215		21,646
Total	$	102,398	$	307,196

Lease costs for short-term leases were immaterial for the three and nine months ended September 30, 2019.

Table of Contents

Maturity of Operating Lease Liability as of September 30, 2019 is as follows:

Three months ending December 31, 2019	$	102,399
2020	409,596
2021	409,596
2022	409,596
2023	409,596
Thereafter	2,218,646
Total lease payments	3,959,429
Imputed interest	(945,564		)
Present value of lease liability	$	3,013,865

We used a discount rate of 6.0% to determine the present value of the operating lease liability on January 1, 2019.

Undiscounted future minimum lease payments under noncancelable operating leases as of December 31, 2018 as determined prior to the adoption of ASC 842 are as follows:

2019	$	170,664
2020	—
2021	—
2022	—
2023	—
Thereafter	—
Total minimum lease payments	$	170,664

13 — Commitments and Contingencies

Purchase commitments. We had various purchase orders for goods or services totaling $3,172,831 and $2,674,691 as of September 30, 2019 and December 31, 2018, respectively. No amounts related to these purchase orders have been recognized in our balance sheet.

Legal matters. We may from time to time become party to various legal proceedings or claims that arise in the ordinary course of business.

Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following Management’s Discussion and Analysis of Financial Condition (“MD&A”) supplements the MD&A in the Company’s Annual Report filed on Form 10-K. The MD&A should be read in conjunction with the Risk Factors section of this Quarterly Report, our condensed financial statements and accompanying footnotes, the discussion of certain risks and uncertainties contained in Part II, Item 1A of this Quarterly Report, the Form 10-K and the cautionary information regarding forward-looking statements at the end of this section.

Some of the statements contained in this MD&A and elsewhere in this Quarterly Report are forward-looking statements that involve substantial risks and uncertainties. All statements other than historical facts contained in this report, including statements regarding our future financial position, business strategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “may,” “will,” “continue,” “should,” “plan,” “predict,” “potential” and other similar expressions. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Our actual results could differ materially from those anticipated in these forward-looking statements, which are subject to a number of risks, uncertainties and assumptions including, but not limited to the risks discussed in the Risk Factor section of this Quarterly Report.

Our Business

We develop, manufacture, market and distribute Magnetic Resonance Imaging (“MRI”) compatible medical devices and accessories, disposables and services relating to them.

We are a leader in the development of innovative magnetic resonance imaging (“MRI”) compatible medical devices. We are the only known provider of a non-magnetic intravenous (“IV”) infusion pump system that is specifically designed to be safe for use during MRI procedures. We were the first to develop an infusion delivery system that largely eliminates many of the dangers and problems present during MRI procedures. Standard infusion pumps contain magnetic and electronic components which can create radio frequency interference and are dangerous to operate in the presence of the powerful magnet that drives an MRI system. Our patented MRidium® MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor, uniquely designed non-ferrous parts and other special features to safely and predictably deliver anesthesia and other IV fluids during various MRI procedures. Our pump solution provides a seamless approach that enables accurate, safe and dependable fluid delivery before, during and after an MRI scan, which is important to critically-ill patients who cannot be removed from their vital medications, and children and infants who must generally be sedated to remain immobile during an MRI scan.

Each IV infusion pump system consists of an MRidium® MRI compatible IV infusion pump, non-magnetic mobile stand, proprietary disposable IV tubing sets and many of these systems include additional optional upgrade accessories.

Our 3880 MRI compatible patient vital signs monitoring system has been designed with non-magnetic components and other special features to safely and accurately monitor a patient’s vital signs during various MRI procedures. The IRADIMED 3880 system operates dependably in magnetic fields up to 30,000 gauss, which means it can operate virtually anywhere in the MRI scanner room. The IRADIMED 3880 has a compact, lightweight design allowing it to travel with the patient from their critical care unit, to the MRI and back, resulting in increased patient safety through uninterrupted vital signs monitoring and decreasing the amount of time critically ill patients are away from critical care units. The features of the IRADIMED 3880 include: wireless ECG with dynamic gradient filtering; wireless SpO2 using Masimo® algorithms; non-magnetic respiratory CO2; non-invasive blood pressure; invasive blood pressure; patient temperature, and; optional advanced multi-gas anesthetic agent unit featuring continuous Minimum Alveolar Concentration measurements. The IRADIMED 3880 MRI compatible patient vital signs monitoring system has an easy-to-use design and allows for the effective communication of patient vital signs information to clinicians.

We generate revenue from the one-time sale of MRI compatible medical devices and accessories, ongoing service contracts and the sale of disposable products used with our devices. The principal customers for our MRI compatible products include hospitals and acute care facilities, both in the United States and internationally.

We sell our MRI compatible products through our direct sales force in the U.S. and independent distributors internationally. We also enter into agreements with healthcare supply contracting companies in the U.S., which enable us to sell and distribute our MRidium MRI compatible IV infusion pump systems to their member hospitals. Under these agreements, we are required to pay these group purchasing organizations (“GPOs”) a fee of three percent of the sales of our products to their member hospitals. Our current GPO contracts effectively give us the ability to sell to more than approximately 95 percent of all U.S. hospitals and acute care facilities. Historical selling cycles for our devices vary and are typically three to six months in duration.

Table of Contents

Close-Out of FDA Warning Letter

CE Mark for Products

On July 3, 2019, during the process of addressing the technical non-conformity associated with the review of our 3880 MRI compatible patient vital signs monitoring system, UL notified its customers of their decision to cease operations as a notified body and would continue the process of transferring all customers to the Polish Center for Testing and Certification (Polskie Centrum Badań i Certyfikacji S.A.) (“PCBC”) based in Warsaw, Poland. UL notified us that they have transferred our EC Certificates to PCBC and, in August 2019, we received renewed EC Certificates for our MRI compatible IV infusion pump system and related IV tubing sets with an additional 4-year term.

Financial Highlights and Outlook

Our revenue increased $2.4 million, or 30.8 percent, to $10.0 million for the third quarter ended September 30, 2019, compared to $7.6 million for the third quarter last year. Net income was $2.5 million, or $0.20 per diluted share in the third quarter ended September 30, 2019, compared to net income of $2.4 million, or $0.20 per diluted share in the third quarter last year.

For the remainder of 2019, we expect our revenues to increase when compared to same period in 2018 due to higher sales of our medical devices and related accessories, disposables and services. We intend to continue targeting hospitals and acute care facilities that have yet to adopt our MRI compatible IV pump and patient monitoring solutions and penetrating the Intensive Care Unit, Emergency Room and other critical care locations within hospitals where there is a high probability that interventional radiology procedures will need to be performed on patients.

We expect higher full-year 2019 operating expenses compared to 2018 due primarily to higher sales and marketing, and general and administrative expenses.

Application of Critical Accounting Policies

We prepare our financial statements in conformity with U.S. generally accepted accounting principles. The preparation of these financial statements requires us to make estimates and use assumptions that affect the reported amounts of assets, liabilities and related disclosures at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Table of Contents

We believe that the following critical accounting policies require the use of significant estimates, assumptions, and judgments.

· Revenue recognition

· Accounts receivable and allowance for doubtful accounts

· Inventory carried at the lower of cost or net realizable value

· Stock-based compensation

· Income taxes

These critical accounting policies are described in more detail in our Annual Report filed on Form 10-K, under Management’s Discussion and Analysis and Results of Operations. Except as disclosed in Note 1 to the unaudited condensed financial statements contained herein related to the adoption of recent accounting pronouncements, there have been no changes to these policies during the three and nine months ended September 30, 2019.

The use of different estimates, assumptions, and judgments could have a material effect on the reported amounts of assets, liabilities and related disclosures as of the date of the financial statements and revenue and expenses during the reporting period.

Results of Operations

The following table sets forth selected statements of operations data as a percentage of total revenue for the periods indicated. Our historical operating results are not necessarily indicative of the results for any future period.

	Percent of Revenue Three Months Ended September 30,				Percent of Revenue Nine Months Ended September 30,
	2019		2018		2019		2018
Revenue	100.0	%	100.0	%	100.0	%	100.0	%
Cost of revenue	21.8		24.0		22.0		23.7
Gross profit	78.2		76.0		78.0		76.3
Operating expenses:
General and administrative	26.2		28.7		27.1		29.7
Sales and marketing	23.1		23.4		23.9		22.4
Research and development	3.7		4.9		3.8		5.2
Total operating expenses	53.0		57.0		54.8		57.3
Income from operations	25.3		19.0		23.2		19.1
Other income, net	1.1		0.6		1.0		0.5
Income before provision for income taxes	26.4		19.6		24.2		19.6
Provision for income tax expense (benefit)	1.7		(11.9	)	1.1		(1.2	)
Net income	24.6	%	31.5	%	23.1	%	20.8	%

Three and Nine Months Ended September 30, 2019 and 2018

Revenue by Geographic Region

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019		2018		Change		2019		2018		Change
United States	$	8,281,854	$	6,099,767	35.8	%	$	22,916,642	$	17,808,918	28.7	%
International	1,681,445		1,514,888		11.0	%	4,709,846		4,290,673		9.8	%
Total Revenue	$	9,963,299	$	7,614,655	30.8	%	$	27,626,488	$	22,099,591	25.0	%

Table of Contents

Revenue by Type

	Three Months Ended September 30,						Nine Months September 30,
	2019		2018		Change		2019		2018		Change
Devices:
MRI Compatible IV Infusion Pump Systems	$	4,769,252	$	3,532,670	35.0	%	$	13,512,548	$	10,748,830	25.7	%
MRI Compatible Patient Vital Signs Monitoring Systems	2,557,889		1,817,361		40.7	%	6,215,528		4,526,735		37.3	%
Total Devices Revenue	7,327,141		5,350,031		37.0	%	19,728,076		15,275,565		29.1	%
Disposables and Services	2,162,602		1,874,439		15.4	%	6,513,030		5,722,573		13.8	%
Amortization of extended warranty agreements	473,556		390,185		21.4	%	1,385,382		1,101,453		25.8	%
Total revenue	$	9,963,299	$	7,614,655	30.8	%	$	27,626,488	$	22,099,591	25.0	%

For the three months ended September 30, 2019, revenue increased $2.4 million, or 30.8 percent, to $10.0 million from $7.6 million for the same period in 2018.

The average selling price of our MRI compatible IV infusion pump system during the three months ended September 30, 2019 was approximately $35,100, compared to $31,800 for the same period in 2018. The increase in ASP relates to a favorable geographic and product sales mix when compared to the same period in 2018.

The average selling price of our MRI compatible patient vital signs monitoring system during the three months ended September 30, 2019 was approximately $33,700, compared to $37,900 for the same period in 2018. The decrease in ASP primarily relates to an unfavorable geographic sales mix when compared to the same period in 2018.

Revenue from sales in the U.S. increased $2.2 million, or 35.8 percent, to $8.3 million from $6.1 million for the same period in 2018. Revenue from sales internationally increased $0.2 million, or 11.0 percent, to $1.7 million from $1.5 million for the same period in 2018. Domestic sales accounted for 83.1 percent of revenue in the third quarter 2019, compared to 80.1 percent in the third quarter 2018.

Revenue from sales of devices increased $1.9 million, or 37.0 percent, to $7.3 million from $5.4 million for the same period in 2018. Revenue from sales of our disposables and services increased $0.3 million, or 15.4 percent, to $2.2 million from $1.9 million for the same period in 2018. Revenue from the amortization of extended maintenance contracts increased $0.1 million, or 21.4%, to $0.5 million from $0.4 million for the same period in 2018.

For the nine months ended September 30, 2019, revenue increased $5.5 million, or 25.0 percent, to $27.6 million from $22.1 million for the same period in 2018.

The average selling price of our MRI compatible IV infusion pump system during the nine months ended September 30, 2019 was approximately $35,400, compared to $31,400 for the same period in 2018. The increase in ASP relates to a favorable geographic and product sales mix when compared to the same period in 2018.

The average selling price of our MRI compatible patient vital signs monitoring system during the nine months ended September 30, 2019 was approximately $32,800, compared to $35,400 for the same period in 2018. The decrease in ASP primarily relates to an unfavorable geographic sales mix when compared to the same period in 2018.

Revenue from sales in the U.S. increased $5.1 million, or 28.7 percent, to $22.9 million from $17.8 million for the same period in 2018. Revenue from sales internationally increased $0.4 million, or 9.8 percent, to $4.7 million for the nine months ended September 30, 2019, from $4.3 million for the same period in 2018. Domestic sales accounted for 83.0 percent of revenue for the nine months ended September 30, 2019, compared to 80.6 percent for the same period in 2018.

Revenue from sales of devices increased $4.4 million, or 29.1 percent, to $19.7 million from $15.3 million for the same period in 2018. Revenue from sales of our disposables and services increased $0.8 million, or 13.8 percent, to $6.5 million from $5.7 million for the same period in 2018. Revenue from the amortization of extended maintenance contracts increased $0.3 million, or 25.8%, to $1.4 million from $1.1 million for the same period in 2018.

Table of Contents

Cost of Revenue and Gross Profit

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Revenue	$	9,963,299		$	7,614,655		$	27,626,488		$	22,099,591
Cost of revenue	2,168,208			1,826,716			6,074,323			5,229,141
Gross profit	$	7,795,091		$	5,787,939		$	21,552,165		$	16,870,450
Gross profit percentage	78.2		%	76.0		%	78.0		%	76.3		%

For the three months ended September 30, 2019, cost of revenue increased $0.4 million, or 18.7 percent, to $2.2 million from $1.8 million for the same period in 2018. Gross profit increased $2.0 million, or 34.7 percent, to $7.8 million for the third quarter 2019 from $5.8 million for the same period in 2018. Gross profit margin was 78.2 percent for third quarter 2019, compared to 76.0 percent for the third quarter 2018. The increase in cost of revenue, gross profit and gross profit margin is primarily due to higher unit sales and a favorable geographic sales mix during the third quarter ended September 30, 2019, when compared to the same period last year.

For the nine months ended September 30, 2019, cost of revenue increased $0.9 million, or 16.2 percent, to $6.1 million from $5.2 million for the same period in 2018. Gross profit increased $4.7 million, or 27.8 percent, to $21.6 million for the nine months ended September 30, 2019 from $16.9 million for the same period in 2018. Gross profit margin was 78.0 percent for nine months ended September 30, 2019, compared to 76.3 percent for the same period in 2018. The increase in cost of revenue, gross profit and gross profit margin is primarily attributable to higher unit sales, favorable geographic sales mix and favorable overhead variances during the nine months ended September 30, 2019, when compared to the same period last year.

Operating Expenses

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
General and administrative	$	2,609,722		$	2,181,839		$	7,482,790		$	6,563,727
Percentage of revenue	26.2		%	28.7		%	27.1		%	29.7		%
Sales and marketing	$	2,297,002		$	1,784,418		$	6,607,477		$	4,946,398
Percentage of revenue	23.1		%	23.4		%	23.9		%	22.4		%
Research and development	$	369,526		$	373,583		$	1,053,409		$	1,149,397
Percentage of revenue	3.7		%	4.9		%	3.8		%	5.2		%

General and Administrative

For the three months ended September 30, 2019, general and administrative expense increased $0.4 million, or 19.6 percent, to $2.6 million from $2.2 million for the same period last year. This increase is primarily due to higher expenses related to payroll and employee benefits costs resulting from increased headcount, regulatory approval expenses and legal and professional expenses.

For the nine months ended September 30, 2019, general and administrative expense increased $0.9 million, or 14.0 percent, to $7.5 million from $6.6 million for the same period last year. This increase is primarily due to higher expenses related to payroll and employee benefits costs resulting from increased headcount, legal and professional expenses, regulatory approval expenses and GPO administration fees.

Sales and Marketing

For the three months ended September 30, 2019, sales and marketing expense increased $0.5 million, or 28.7 percent, to $2.3 million from $1.8 million for the same period last year. This increase is primarily the result of higher payroll expenses from higher headcount and higher sales commissions from higher sales.

For the nine months ended September 30, 2019, sales and marketing expense increased $1.7 million, or 33.6 percent, to $6.6 million from $4.9 million for the same period last year. This increase is primarily the result of higher sales commissions from higher sales and payroll expenses from higher headcount.

Research and Development

For the three months ended September 30, 2019 and 2018, research and development expense was consistent at $0.4 million resulting from higher outside development expenses fully offset by lower payroll expenses.

Table of Contents

For the nine months ended September 30, 2019 and 2018, research and development expense was consistent at $1.1 million resulting from higher outside development expenses fully offset by lower payroll and evaluation supplies expenses.

Other Income, Net

Other income, net consists of interest income, foreign currency gains and losses, and other miscellaneous income. For the three months ended September 30, 2019 and 2018, we reported other income of approximately $110,000 and $43,000, respectively. This increase is primarily due to higher interest income.

For the nine months ended September 30, 2019 and 2018, we reported other income of approximately $281,000 and $110,000, respectively. This increase is primarily due to higher interest income.

Income Taxes

Liquidity and Capital Resources

Our principal sources of liquidity have historically been our cash and cash equivalents balances, our investments, cash flow from operations and access to the financial markets. Our principal uses of cash are operating expenses, working capital requirements, capital expenditures and share repurchases.

As of September 30, 2019, we had cash, cash equivalents and investments of $42.6 million, stockholders’ equity of $51.8 million, and working capital of $49.9 million. As of December 31, 2018, we had cash and cash equivalents and investments of $34.4 million, stockholders’ equity of $41.9 million, and working capital of $39.9 million.

We believe that our current cash, cash equivalents and any cash generated from operations will be sufficient to meet our ongoing operating requirements for at least the next 12 months. We do not anticipate requiring additional capital; however, if required or desirable, we may seek to obtain a credit facility, raise debt or issue additional equity in private or public markets.

	Nine Months Ended September 30,
	2019		2018
Net cash provided by operating activities	$	6,283,874	$	3,833,642
Net cash provided by investing activities	2,265,719		441,395
Net cash provided by financing activities	2,060,127		1,218,151

Cash provided by operating activities increase $2.5 million to $6.3 million for the nine months ended September 30, 2019, compared to $3.8 million for the same period in 2018. This increase primarily relates to higher net income, higher cash inflows related to deferred income and lower cash outflows related to prepaid income taxes, partially offset by lower cash inflows from accounts receivable and higher cash outflows for inventory purchases.

Table of Contents

Cash provided by investing activities increased $1.9 million to $2.3 million for the nine months ended September 30, 2019, compared to $0.4 million for the same period in 2018. This increase primarily relates to lower cash outflows for purchases of investments and higher cash inflows from maturities of investments.

Cash provided by financing activities increased $0.9 million to $2.1 million for the nine months ended September 30, 2019, compared to $1.2 million for the same period in 2018. This increase primarily relates to cash received from the exercise of the Warrant and employee stock options.

We lease our manufacturing and headquarters facility from Susi, LLC, an entity controlled by our Chairman of the Board and Chief Technology Officer, Roger Susi. Pursuant to the terms of our lease, the monthly base rent is $34,133, adjusted annually for changes in the consumer price index.

Off-Balance Sheet Arrangements

Under our amended and restated bylaws, we have agreed to indemnify our officers and directors for certain events or occurrences arising as a result of the officer or director serving in such capacity. We have a director and officer liability insurance policy that limits our exposure under these indemnifications and enables us to recover a portion of any future loss arising out of them. In addition, in the normal course of business, we enter into contracts that contain indemnification clauses whereby the Company indemnifies our customers against damages associated with product failures. We have obtained liability insurance providing coverage that limits our exposure for these indemnified matters. Based on our historical experience and the estimated probability of future loss, we have determined that the estimated fair value of these indemnities is not material to our financial position or results of operations and have not recorded a liability for these agreements as of September 30, 2019. We had no other off-balance sheet arrangements during the nine months ended September 30, 2019 or for the year ended December 31, 2018 that had, or are reasonably likely to have, a material effect on our financial condition, results of operations, or liquidity.

Contractual Obligations

There have been no material changes outside the ordinary course of business to our contractual obligations and commercial commitments since December 31, 2018.

Recent Accounting Pronouncements

See Note 1 to the unaudited condensed financial statements contained herein for a full description of recent accounting pronouncements including the respective expected dates of adoption and status of evaluation of expected effects on results of our operations and financial condition.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

Foreign Currency Exchange Risk

We have foreign currency risks related to our revenue and operating expenses denominated in currencies other than the U.S. Dollar, principally the Japanese yen (“Yen”). The volatility of the Yen depends on many factors that we cannot forecast with reliable accuracy. We have experienced and will continue to experience fluctuations in our net income because of transaction gains (losses) related to revaluing Yen denominated accounts payable balances. In the event our Yen denominated accounts payable or expenses increase, our operating results may be affected by fluctuations in the Yen exchange rate. If the U.S. Dollar uniformly increased or decreased in strength by 10% relative to the Yen, our net income would have correspondingly increased or decreased by an immaterial amount for the three and nine months ended September 30, 2019 and 2018.

Interest Rate Risk

When able, we invest excess cash in bank money-market funds, corporate debt securities or discrete short-term investments. The fair value of our cash equivalents and short-term investments is sensitive to changes in the general level of interest rates in the U.S., and the fair value of these investments will decline if market interest rates increase. As of September 30, 2019, we had $3.9 million in corporate bonds, with $1.6 million maturing in less than 1 year and $2.3 million maturing between 1 and 3 years. These corporate bonds have fixed interest rates and semi-annual interest payment dates. If market interest rates were to change by 100 basis points from levels at September 30, 2019, we expect the corresponding change in fair value of our investments would be

Table of Contents

approximately $47,000. This is based on sensitivity analyses performed on our financial position as of September 30, 2019. Actual results may differ as our analysis of the effects of changes in interest rates does not account for, among other things, sales of securities prior to maturity and repurchase of replacement securities, the change in mix or quality of the investments in the portfolio, and changes in the relationship between short-term and long-term interest rates.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management, with the participation of our Chief Executive Officer and our Chief Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this Quarterly Report on Form 10-Q. The term “disclosure controls and procedures,” as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), means controls and other procedures of a company that are designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to the company’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. Management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving their objectives and management necessarily applies its judgment in evaluating the cost-benefit relationship of possible controls and procedures. Based on such evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of such date, our disclosure controls and procedures were effective at the reasonable assurance level.

Changes in Internal Control Over Financial Reporting

There was no change in our internal control over financial reporting identified in connection with the evaluation required by Rule 13a-15(d) and 15d-15(d) of the Exchange Act that occurred during the period covered by this Quarterly Report on Form 10-Q that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Table of Contents

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

We may from time to time become party to various legal proceedings or claims that arise in the ordinary course of business. Our management reviews these matters if and when they arise and believes that the resolution of any such matters currently known will not have a material effect on our results of operations or financial position.

Item 1A. Risk Factors

Risks Relating to Our Business and Financial Condition

Our financial performance is significantly dependent on a single product, and disruptions in our ability to sell this product may have a material adverse effect on our business.

Our current revenue and profitability are significantly dependent on the sale of the MRidium 3860+ MRI compatible IV infusion pump system (a Class II medical device) and the ongoing sale of disposable tubing sets and related services. Sales of the MRidium 3860+ MRI compatible IV infusion pump system have historically comprised a substantial majority of our net revenue. Although we have recently launched our marketing efforts for our new 3880 MRI compatible patient vital signs monitor in the U.S., our near-term revenue and profitability will be dependent upon our ability to successfully market and sell the MRidium 3860+ MRI compatible IV infusion pump system.

In the past, the FDA issued us a warning letter that impacted our ability to commercially distribute our MRidium 3860+ MRI compatible IV infusion pump system. Although we have resolved this warning letter and resumed commercial distribution of the MRidium 3860+ MRI compatible IV infusion pump system, there can be no guarantee that the FDA will not take similar action in the future. The FDA could require us to cease shipment of our products, notify health professionals and others that the devices present unreasonable risk or substantial harm to public health, order a recall, repair, replacement, or refund of the devices, detain or seize adulterated or misbranded medical devices, or ban the medical devices. The FDA may also issue further warning letters or untitled letters, refuse future requests for 510(k) submission or premarket approval, revoke existing 510(k) clearances or premarket approvals previously granted, impose operating restrictions, enjoin and restrain certain violations of applicable law pertaining to medical devices and assess civil or criminal penalties against our officers, employees, or us.

Our products could be rendered obsolete or economically impractical by numerous factors, many of which are beyond our control, including but not limited to:

· entrance of new competitors into our markets;

· technological advancements of MRI scanners;

· technological developments such as new imaging modalities which render MRI procedures obsolete or reduce the instances where MRI imaging is utilized;

· loss of key relationships with suppliers, group purchasing organizations, or end-user customers;

· manufacturing or supply interruptions;

· product liability claims;

· our reputation and product market acceptance;

· loss of existing regulatory approvals or the imposition of new requirements to maintain such approvals; and

· product recalls or safety alerts.

Any major factor adversely affecting the sale of our products or services would cause our revenues to decline and have a material adverse impact on our business, financial condition and our common stock.

Table of Contents

We have been subject to securities class action litigation and derivative litigation and we may be subject to similar or other litigation in the future.

In the past, following adverse action by the FDA or volatility in our stock price, securities class action litigation has been brought against us. There can be no assurance that we will not face other securities litigation in the future. With respect to any litigation, our insurance may not reimburse us or may not be sufficient to reimburse us for the expenses or losses we may suffer in contesting and concluding such lawsuits. A decision adverse to our interests on these actions or resulting from these matters could result in the payment of substantial damages and could have a material adverse effect on our business, financial condition and our common stock. Regardless of the outcome, these claims may result in injury to our reputation, significant costs, diversion of management’s attention and resources, and loss of revenue.

There is no assurance that our internal and external sources of liquidity will at all times be sufficient for our cash requirements.

We must have sufficient sources of liquidity to fund our working capital requirements, our capital improvement plans, and execute on our strategic initiatives. Our decline in operating results during 2017 limited our generation of capital resources and that situation could return if we are unable to continue to increase revenues or adjust our costs appropriately to changes in revenue. Further, future new product launches may demand increased working capital before any long-term return is realized from increased revenue. Our ability to achieve our business and cash flow plans is based on a number of assumptions which involve significant judgments and estimates of future performance, borrowing capacity and credit availability, which cannot at all times be assured. Accordingly, there is no assurance that cash flows from operations and other internal and external sources of liquidity will at all times be sufficient for our cash requirements. If necessary, we may need to consider actions and steps to improve our cash position and mitigate any potential liquidity shortfall, such as modifying our business plan, pursuing additional financing to the extent available, reducing capital expenditures, pursuing and evaluating other alternatives and opportunities to obtain additional sources of liquidity and other potential actions to reduce costs. There can be no assurance that any of these actions would be successful, sufficient or available on favorable terms. Any inability to generate or obtain sufficient levels of liquidity to meet our cash requirements at the level and times needed could have a material adverse impact on our business and financial position.

Our continued success depends on the integrity of our supply chain, including multiple single-source suppliers, the disruption of which could negatively impact our business.

Many of the component parts of our products are obtained through supply agreements with third parties. Some of these parts require our partners to engage in complex manufacturing processes and involve long lead times or delivery periods. Considering our dependence on third-party suppliers, several of which are single-source suppliers, we are subject to inherent uncertainties and risks related to their ability to produce or deliver parts on a timely basis, to comply with product safety and other regulatory requirements and to provide quality parts to us at a reasonable price.

For example, we are dependent upon a single vendor for the ultrasonic motor at the core of our MRidium MRI compatible IV infusion pump. If this vendor fails to meet our volume requirements, which we anticipate will increase over time, or if the vendor becomes unable or unwilling to continue supplying motors to us, this would impact our ability to supply our pumps to customers until a replacement source is secured. Our executed agreement with this vendor provides that the price at which we purchase products from the vendor is determined by agreement from time to time or should material costs change. Although we have had a long history of stable pricing with this supplier, this provision may make it difficult for us to continue to receive motors from this vendor on favorable terms or at all if we do not agree on pricing in the future. In such event, it could materially and adversely affect our commercial activities, operating results and financial condition.

In the near term, we do not anticipate finding alternative sources for our primary suppliers, including single source suppliers. Therefore, if our primary suppliers become unable or unwilling to manufacture or deliver materials, or manufacture or deliver such materials later than anticipated, we could experience protracted delays or interruptions in the supply of materials which would ultimately delay our manufacture of products for commercial sale, which could materially and adversely affect our development programs, commercial activities, operating results and financial condition.

Additionally, any failure by us to forecast demand for, or to maintain an adequate supply of raw materials, parts, or finished products, could result in an interruption in the supply of certain products and a decline in our sales.

We rely on third-party suppliers for certain of our raw materials and components.

We rely on unaffiliated third-party suppliers for certain raw materials and components necessary for the manufacturing and operation of our products. Certain of those raw materials and components are proprietary products of those unaffiliated third-party suppliers and are specifically cited in our applications with regulatory agencies so that they must be obtained from that specific sole source or sources and could not be obtained from another supplier unless and until an appropriate application amendment is approved by the regulatory agency. For example, the non-magnetic ultrasonic motor which drives our MRI compatible IV infusion pump is sole sourced from a major multinational Japanese manufacturing company.

Table of Contents

Among the reasons we may be unable to obtain these raw materials and components include, but are not limited to:

· a supplier’s inability or unwillingness to continue supplying raw materials and/or components;

· regulatory requirements or action by regulatory agencies or others, including changes in international trade treaties and/or tariffs;

· adverse financial or other strategic developments at or affecting the supplier, including bankruptcy;

· unexpected demand for or shortage of raw materials or components;

· failure of the supplier to comply with quality standards which results in quality and product failures, product contamination and/or recall;

· discovery of previously unknown or undetected imperfections in raw materials or components;

· labor disputes or shortages, including from the effects of health emergencies and natural disasters; and

· political instability and actual or anticipated military or political conflicts.

These events could negatively impact our ability to satisfy demand for our products, which could have a material adverse effect on our product use and sales and our business and results of operations. We may experience these or other shortages in the future resulting in delayed shipments, supply constraints, contract disputes and/or stock-outs of our products.

The manufacture of our products requires strict adherence to regulatory requirements governing medical devices and if we or our suppliers encounter problems our business could suffer.

The manufacture of our products must comply with strict regulatory requirements governing Class II medical devices in the U.S. and other regulatory requirements in foreign locations. Problems may arise during manufacturing, quality control, storage or distribution of our products for a variety of reasons, including equipment malfunction, failure to follow specific protocols and procedures, manufacturing quality concerns, or problems with raw materials, electromechanical, software and other components, supplier issues, and natural disasters. If problems arise during production, the affected products may have to be discarded. Manufacturing problems or delays could also lead to increased costs, lost sales, damage to customer relations, failure to supply penalties, time and expense spent investigating the cause and, depending on the cause, similar losses with respect to other batches of products. If problems are not discovered before the product is released to the market, voluntary recalls, corrective actions or product liability related costs may also be incurred. Should we encounter difficulties in the manufacture of our products or be subject to a product recall, our business could suffer materially.

Our markets are very competitive and we sell certain of our products in a mature market.

The market for our 3880 MRI compatible patient vital signs monitoring system is well-developed and sales growth for our monitor could be slow. Our vital signs monitoring system could face difficult competition, including competitors offering lower prices, which could have an adverse effect on our revenue and margins. Our competitors may have certain advantages, which include the ability to devote greater resources to the development, promotion, and sale of their products. Consequently, we may need to increase our efforts, and related expenses for research and development, marketing, and selling to maintain or improve our position. We may not realize the per unit revenue we have planned for and expect. Continued sales to our existing customers are expected to be significant to our revenue in the future, and if our existing customers do not continue to purchase from us, our revenue may decline.

We manufacture and store our products at a single facility in Florida.

We manufacture and store our products at a single facility in Winter Springs, Florida. If by reason of fire, hurricane or other natural disaster, or for any other reason, the facility is destroyed or seriously damaged or our access to it is limited, our ability to provide products to our customers would be seriously interrupted or impaired and our operating results and financial condition would be materially and negatively affected.

Table of Contents

Our inability to collect on our accounts receivables held by customers may have an adverse effect on our business operations and financial condition.

We market our products to end users in the United States and to distributors internationally. Sales to end users in the United States are generally made on open credit terms. Management maintains an allowance for potential credit losses. From time to time, we have had, and may in the future have, accounts receivables from one or more customers that accounted for 10 percent or more of our gross accounts receivable. As a result, we may be exposed to a certain level of concentration of credit risk. If a major customer experiences financial difficulties, the effect on us could be material and have an adverse effect on our business, financial condition and results of operations.

If we fail to maintain relationships with Group Purchasing Organizations, sales of our products could decline.

Our ability to sell our products to U.S. hospitals, acute care facilities and outpatient imaging centers depends in part on our relationships with Group Purchasing Organizations (“GPOs”). Many existing and potential customers for our products are members of GPOs. GPOs negotiate pricing arrangements and contracts, which are sometimes exclusive, with medical supply manufacturers and distributors, and these negotiated prices are made available to a GPO’s affiliated hospitals and other members. We pay the GPOs an administrative fee in the form of a percentage of the volume of products sold to their affiliated hospitals and other members. If we are not an approved provider selected by a GPO, affiliated hospitals and other members may be less likely to purchase our products. Should a GPO negotiate a sole source or bundling contract covering a future or current competitor’s products, we may be precluded from making sales of our competing products to members of that GPO for the duration of the contractual arrangement. For example, even if we have an existing contract with a GPO for sales of our MRidium 3860+ MRI compatible IV infusion pump, we may encounter difficulties in selling, or be unable to sell, our 3880 MRI compatible patient vital signs monitoring system to that GPO’s affiliated hospitals and other members, which may result in a longer sales cycle or an inability to sell. Our failure to renew contracts with GPOs may cause us to lose market share and could have a material adverse effect on our sales, financial condition and results of operations. In the future, if another competitive supplier emerges, and we fail to keep our relationships and develop new relationships with GPOs, our competitive position would likely suffer.

Cost-containment efforts of our customers and purchasing groups could adversely affect our sales and profitability.

Our MRI compatible medical devices are considered capital equipment by many potential customers, and hence changes in the budgets of healthcare organizations and the timing of spending under these budgets and conflicting spending priorities can have a significant effect on the demand for our products and related services. Any decrease in expenditures by these healthcare facilities could decrease demand for our products and related services and reduce our revenue. Additionally, changes to reimbursement policies by third-party payors could also decrease demand for our products and related services and reduce our revenue.

Any failure in our efforts to educate clinicians, anesthesiologists, radiologists, and hospital administrators regarding the advantages of our products could significantly limit our product sales.

We believe our future success will require us to educate a sufficient number of clinicians, anesthesiologists, radiologists, hospital administrators and other purchasing decision-makers about our products and the costs and benefits of our products. If we fail to demonstrate the safety, reliability and economic benefits of our products to hospitals and acute medical facilities, our products may not be adopted and our expected and actual sales would suffer.

The lengthy sales cycle for medical devices could delay our sales.

The decision-making process of customers is often complex and time-consuming. Based on our experience, we believe the period between initial discussions with customers regarding our products and a customer’s purchase of our products is typically three to six months. Sales cycles can also be delayed because of capital budgeting procedures. Moreover, even if one or two units are sold to a hospital, we believe that it will take additional time and experience with our products before other medical professionals routinely use them for other procedures and in other departments of the hospital. Such time would delay potential sales of additional units and disposable products or additional optional accessories to that medical facility or hospital. These delays could have an adverse effect on our business, financial condition and results of operations.

Because we rely on distributors to sell our products outside of the U.S., our revenues could decline if our existing distributors do not continue to purchase products from us or if our relationship with any of these distributors is terminated.

We rely on distributors for all our sales outside the U.S. and hence do not have direct control over foreign sales activities. These distributors also assist us with regulatory approvals and the education of physicians and government agencies. Our revenues outside the U.S. have historically represented approximately one-tenth to one-third of our net revenues. If our existing international

Table of Contents

distributors fail to sell our products or sell at lower levels than we anticipate, we could experience a decline in revenues or fail to meet our forecasts. We cannot be certain that we will be able to attract new international distributors nor retain existing ones that market our products effectively or provide timely and cost-effective customer support and service. None of our existing distributors are obligated to continue selling our products.

If we do not successfully develop and commercialize enhanced products or new products that remain competitive, we could lose revenue opportunities and customers, and our ability to achieve growth would be impaired.

The medical device industry is characterized by rapid product development and technological advances, which places our products at risk of obsolescence. Our long-term success depends upon the development and successful commercialization of new products, new or improved technologies and additional applications for MRI compatible infusion, therapeutic, diagnostic and safety products and services. The research and development process is time-consuming and costly and may not result in products or applications that we can successfully commercialize. If we do not successfully adapt our technology, products and applications, we could lose revenue opportunities and customers. In addition, we may not be able to improve our products or develop new products or technologies quickly enough to maintain a competitive position in our markets and continue to grow our business.

We are highly dependent on our founder, Chairman, Chief Technology Officer and controlling shareholder, Roger Susi.

We believe that Mr. Susi will play a significant role in our continued success and in the development of new products. Our current and future operations could be adversely impacted if we were to lose his services. Accordingly, our success will be dependent on appropriately managing the risks related to executing a succession plan for Mr. Susi on a timely basis.

If we fail to attract and retain the talent required for our business, our business could be materially harmed.

Competition for highly skilled personnel is often intense in the medical device industry, including in the MRI compatible medical device segment. If our current employees with experience in the MRI compatible device industry leave our company, we may have difficulty finding replacements with an equivalent amount of experience and skill, which could harm our operations. Our future success will also depend in part on our ability to identify, hire and retain additional personnel, including skilled engineers to develop new products, and executives to oversee our marketing, sales, customer support and production staff. We may not be successful in attracting, integrating or retaining qualified personnel to meet our current growth plans or future needs. Our productivity may be adversely affected if we do not integrate and train our new employees quickly and effectively.

Any one of our executive officers or other key employees could terminate his or her relationship with us at any time. The loss of one or more of our executive officers or key employees, and any failure to have in place and execute an effective succession plan for key executive officers, could significantly delay or prevent us from achieving our business and/or development objectives and could materially harm our business. Changes in our executive management team may also cause disruptions in, and harm to, our business. Further, as previously disclosed, Roger Susi, our founder and our former chief executive officer, transitioned to his new role as chief technology officer and Leslie McDonnell was appointed to replace him as chief executive officer effective August 19, 2019. Although we strive to reduce the challenges of this transition and the appointment of our new chief executive officer, failure to ensure effective transfer of knowledge and a smooth transition could disrupt or adversely affect our business, results of operations, financial condition, and prospects.

We may also have difficulty finding and retaining qualified Board members. Any failure to do so could be perceived negatively and could adversely affect our business.

Also, to the extent we hire personnel from competitors, we may be subject to allegations that we have improperly solicited, or that they have divulged proprietary or other confidential information, or that their former employers own their inventions or work product.

We may be unable to scale our operations successfully.

We are working to expand our size and scale via more penetration of existing markets and the launch of new complementary products. This growth, if it occurs as planned, will place significant demands on our management and manufacturing capacity, as well as our financial, administrative and other resources. We cannot guarantee that any of the personnel, systems, procedures and controls we put in place will be adequate to support the manufacture and distribution of our products. Our operating results will depend substantially on the ability of our officers and key employees to manage changing business conditions and to implement and improve our financial and administrative systems and manage other resources. If we are unable to respond to and manage changing business conditions, or the scale of our products, services and operations, then the quality of our services, our ability to retain key personnel and our business could be harmed.

Table of Contents

We engage in related party transactions, which result in a conflict of interest involving our management.

We have engaged in the past, and continue to engage, in related party transactions, particularly between our company and Roger Susi and his affiliates. The only significant ongoing related party transaction is the lease agreement between our company and Susi, LLC, an affiliate of Roger Susi, with respect to our sole production and headquarters facility in Winter Springs, Florida. Related party transactions present difficult conflicts of interest, could result in disadvantages to our company and may impair investor confidence, which could materially and adversely affect us. Related party transactions could also cause us to become materially dependent on related parties in the ongoing conduct of our business, and related parties may be motivated by personal interests to pursue courses of action that are not necessarily in the best interests of our company and our stockholders.

Any acquisitions of technologies, products and businesses, may be difficult to integrate, could adversely affect our relationships with key customers, and/or could result in significant charges to earnings.

We plan to periodically review potential acquisitions of technologies, products and businesses that are complementary to our products and that could accelerate our growth. However, our company has never completed an acquisition and there can be no assurance that we will be successful in finding any acquisitions in the future. The process of identifying, executing and realizing attractive returns on acquisitions involves a high degree of uncertainty. Acquisitions typically entail many risks and could result in difficulties in integrating operations, personnel, technologies and products. If we are not able to successfully integrate our acquisitions, we may not obtain the advantages and synergies that the acquisitions were intended to create, which may have a material adverse effect on our business, results of operations, financial condition and cash flows, our ability to develop and introduce new products and the market price of our stock.

The environment in which we operate makes it increasingly difficult to accurately forecast our business performance.

Significant changes and volatility in most aspects of the current business environment, including financial markets, consumer behavior, speed of technological, regulatory and competitive changes, make it increasingly difficult for us to predict our revenues and earnings into the future. Our quarterly sales and profits depend substantially on the volume and timing of orders fulfilled during the quarter, and such orders are difficult to forecast. Product demand is dependent upon the capital spending budgets of our customers and prospects as well as government funding policies and matters of public policy as well as product and economic cycles that can affect the spending decisions of these entities. As a result, any revenue, earnings or financial guidance or outlook which we have given or might give may turn out to be inaccurate. Though we will endeavor to give reasonable estimates of future revenues, earnings and financial information at the time we give such guidance, based on then-current conditions, there is a significant risk that such guidance or outlook will turn out to be incorrect. Historically, companies that have overstated their operating guidance have suffered significant declines in their stock price when such results are announced to the public.

There are inherent uncertainties involved in estimates, judgments and assumptions used in the preparation of financial statements in accordance with United States Generally Accepted Accounting Principles (“GAAP”). Furthermore, portions of GAAP require the use of fair value models which are variable in application and methodology from appraiser to appraiser. Any changes in estimates, judgments and assumptions used could have a material adverse effect on our business, financial position and operating results.

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Such assumptions and estimates include those related to revenue recognition, accruals for product returns, valuation of inventory, impairment of intangibles and long-lived assets, accounting for leases, accounting for income taxes and stock-based compensation and allowances for uncertainties. These factors are also influenced by regular changes to GAAP, some of which are material to most companies, such as recent changes to revenue recognition. These changes introduce risk to our financial reporting processes due to implementation and internal control implications.

We base the aforementioned estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, as discussed in greater detail in the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Our actual operating results may differ and fall below our assumptions and the financial forecasts of securities analysts and investors, resulting in a significant decline in our stock price.

Our adoption and implementation of the new revenue accounting standard on January 1, 2018 included management’s judgments and assumptions based on our interpretation of the new standard. The new revenue standard is principle based and interpretation of those principles may vary from company to company based on their unique circumstances. If our initial judgments and assumptions require change or if actual circumstances differ from our assumptions, our operating results may be adversely

Table of Contents

affected and could fall below our publicly announced guidance or the expectations of securities analysts and investors, resulting in a decline in the market price of our common stock.

Changes in effective tax rates or adverse outcomes resulting from examination of our income or other tax returns could adversely affect our results.

On December 22, 2017, President Trump signed into law new legislation that significantly revised the Internal Revenue Code of 1986, as amended. The newly enacted federal income tax law, among other things, contains significant changes to corporate taxation, including reduction of the corporate tax rate from a top marginal rate of 35% to a flat rate of 21%, limitation of the tax deduction for interest expense to 30% of adjusted earnings (except for certain small businesses), limitation of the deduction for net operating losses to 80% of current year taxable income and elimination of net operating loss carrybacks, one time taxation of offshore earnings at reduced rates regardless of whether they are repatriated, elimination of U.S. tax on foreign earnings (subject to certain important exceptions), immediate deductions for certain new investments instead of deductions for depreciation expense over time, and modifying or repealing many business deductions and credits. Notwithstanding the reduction in the corporate income tax rate, the overall impact of the new federal tax law, including potential U.S. state and foreign tax jurisdiction responses, is uncertain and our business and financial condition could be adversely affected.

In addition, we are subject to the continuous examination of our income tax returns by the Internal Revenue Service, or IRS, and other tax authorities. It is possible that tax authorities may disagree with certain positions we have taken, and any adverse outcome of such a review or audit could have a negative effect on our financial position and operating results. We regularly assess the likelihood of adverse outcomes resulting from these examinations to determine the adequacy of our provision for income taxes, but the determination of our provision for income taxes and other tax liabilities requires significant judgment by management, and there are transactions where the ultimate tax determination is uncertain. Although we believe that our estimates are reasonable, the ultimate tax outcome may differ from the amounts recorded in our financial statements and may materially affect our financial results in the period or periods for which such determination is made. There can be no assurance that the outcomes from continuous examinations will not have an adverse effect on our business, financial condition, and results of operations.

We are subject to various privacy and consumer protection laws.

Our privacy policy is posted on our website, and any failure by us or our vendor or other business partners to comply with it or with federal, state or international privacy, data protection or security laws or regulations could result in regulatory or litigation-related actions against us, legal liability, fines, damages and other costs. Substantial expenses and operational changes may be required in connection with maintaining compliance with such laws, and in particular certain emerging privacy laws are still subject to a high degree of uncertainty as to their interpretation and application. For example, in May 2018, the General Data Protection Regulation (the “GDPR”) began to fully apply to the processing of personal information collected from individuals located in the European Union. The GDPR has created new compliance obligations and has significantly increased fines for noncompliance. Although we take steps to protect the security of our customers’ personal information, we may be required to expend significant resources to comply with data breach requirements if third parties improperly obtain and use the personal information of our customers or we otherwise experience a data loss with respect to customers’ personal information. A breach of our network security and systems could have negative consequences for our business and future prospects, including possible fines, penalties and damages, reduced customer demand for our products, and harm to our reputation and brand.

Political and economic uncertainty arising from the outcome of the United Kingdom’s referendum on its membership in the European Union could adversely affect our business and results of operations.

On June 23, 2016, the United Kingdom (UK) held a referendum in which voters approved a withdrawal from the European Union (EU), commonly referred to as “Brexit.” The timing of the UK’s exit from the EU remains uncertain; the EU has extended the deadline for the UK to exit the EU until January 31, 2020. The terms of the withdrawal are subject to ongoing negotiation that has created significant uncertainty about the future relationship between the UK and the EU. It is possible that the level of economic activity in this region will be adversely impacted and that there will be increased regulatory and legal complexities, including those relating to tax, trade, security and employees. In addition, Brexit could lead to economic uncertainty, including significant volatility in global stock markets and currency exchange rates, which may adversely impact our business. Although the specific terms and the timeframe of the negotiations are unknown, it is possible that these changes could adversely affect our business and results of operations. To attempt to reduce the impact of a potential Brexit on our ability to sell our products in the EU, we have changed from a UK-based notified body, UL International Ltd. (“UL”), to the Polish Center for Testing and Certification (Polskie Centrum Badań i Certyfikacji S.A.) based in Warsaw, Poland.

Table of Contents

Risks Related to Our Industry

We are subject to substantial government regulation that is subject to change and could force us to make modifications to how we develop, manufacture, market and price our products.

The medical device industry is regulated extensively by governmental authorities, principally the FDA in the U.S. and corresponding state and foreign regulatory agencies. The majority of our manufacturing processes are required to comply with quality systems regulations, including current good manufacturing practice requirements that cover the methods and documentation of the design, testing, production, control, quality assurance, labeling, packaging and shipping of our products. Failure to comply with applicable medical device regulatory requirements could result in, among other things, warning letters, fines, injunctions, civil penalties, repairs, replacements, refunds, recalls or seizures of products, total or partial suspensions of production, refusal of the FDA or other regulatory agencies to grant pre-market clearances or approvals for our products, withdrawals or suspensions of future or current clearances or approvals and criminal prosecution.

In addition, our products are subject to pre-clearance requirements by the FDA and similar international agencies that govern a wide variety of product activities from design and development to labeling, manufacturing, promotion, sales and distribution. Compliance with these regulations may be time consuming, burdensome and expensive for us. The failure to obtain, or the loss or suspension of any such pre-approval, would negatively affect our ability to sell our products and harm our anticipated revenues.

Foreign governmental authorities that regulate the manufacture and sale of medical devices have become increasingly stringent and, to the extent we sell our products in foreign countries, we may be subject to rigorous regulation in the future. Regulatory changes could result in restrictions on our ability to carry on or expand our operations, higher than anticipated costs or lower than anticipated revenue.

On July 3, 2019, during the process of addressing the technical non-conformity associated with the review of our 3880 MRI compatible patient vital signs monitoring system, UL notified its customers of their decision to cease operations as a notified body and would continue the process of transferring all customers to the Polish Center for Testing and Certification (Polskie Centrum Badań i Certyfikacji S.A.) (“PCBC”) based in Warsaw, Poland. UL notified us that they have transferred our EC Certificates to PCBC and, in August 2019, we received renewed EC Certificates for our MRI compatible IV infusion pump system and related IV tubing sets with an additional 4-year term.

If we fail to obtain, or experience significant delays in obtaining, FDA clearances or other necessary approvals to commercially distribute new products, our ability to maintain profitability or grow will suffer.

Our current products are Class II medical devices and hence require regulatory pre-market approval by the FDA and other federal and state authorities prior to their sale in the U.S. Similar approvals are required by foreign governmental authorities for sale of our products outside of the U.S., including the EU. We are responsible for obtaining the applicable regulatory approval for the commercial distribution of our products. As part of our strategy, we plan to seek approvals for new MRI compatible products. The process of obtaining approvals is costly and time consuming, and there can be no assurance that we will obtain the required approvals on a timely basis, or at all. Failure to receive approvals for new products will hurt our ability to grow.

Table of Contents

We are subject to risks associated with doing business outside of the U.S.

Sales to customers outside of the U.S. have historically comprised of approximately one-tenth to one-third of our net revenues and we expect that non-U.S. sales will contribute to future growth. A majority of our international sales originate from Europe and Japan, and we also make sales in Canada, Hong Kong, Australia, Mexico and certain parts of the Middle East. The risks associated with operations outside the U.S. include:

· foreign regulatory and governmental requirements that could change and restrict our ability to manufacture and sell our products;

· possible failure to comply with anti-bribery laws such as the U.S. Foreign Corrupt Practices Act and similar anti-bribery laws in other jurisdictions;

· foreign currency fluctuations that can impact our financial statements when foreign denominations are translated into U.S. dollars;

· different local product preferences and product requirements, which might increase with increasing nationalism;

· trade protection and restriction measures under international trade treaties and via tariffs, and import or export licensing requirements;

· difficulty in establishing, staffing and managing non-U.S. operations;

· failure to maintain relationships with distributors, especially those who have assisted with foreign regulatory or government clearances;

· changes in labor, environmental, health and safety laws;

· potentially negative consequences from changes in or interpretations of tax laws, including U.S. state and foreign tax jurisdiction responses to recent changes in U.S. federal tax laws;

· political instability and actual or anticipated military or political conflicts, including instability related to war and terrorist attacks and to political matters such as Brexit;

· economic instability, inflation, deflation, recession or interest rate fluctuations;

· uncertainties regarding judicial systems and procedures; and

· minimal or diminished protection of intellectual property.

These risks, individually or in the aggregate, could have an adverse effect on our results of operations and financial condition.

We may incur product liability losses, or become subject to other lawsuits related to our products, business, and insurance coverage could be inadequate or unavailable to cover these losses.

Our business is subject to potential product liability risks that are inherent in the design, development, manufacture and marketing of our medical devices and consumable products. We carry third-party product liability insurance coverage to protect against such risks, but there can be no assurance that our policy is adequate. In the ordinary course of business, we may become the subject of product liability claims and lawsuits alleging that our products have resulted or could result in an unsafe condition or injury to patients. Any product liability claim brought against us, with or without merit, could be costly to defend and could result in settlement payments and adjustments not covered by or in excess of our product liability insurance. We currently have third-party product liability insurance with maximum coverage of $5,000,000; however, such coverage requires a substantial deductible that we must pay before becoming eligible to receive any insurance proceeds. The deductible amount is currently equal to $25,000 per occurrence and $125,000 in the aggregate. We will have to pay for defending product liability or other claims that are not covered by our insurance. These payments could have a material adverse effect on our profitability and financial condition. Product liability claims and lawsuits, safety alerts, recalls or corrective actions, regardless of their ultimate outcome, could have a material adverse effect on our business, financial condition, reputation and on our ability to attract and retain customers. In addition, we may not be able to obtain insurance in the future on terms acceptable to us or at all.

Table of Contents

Defects or failures associated with our products and/or our quality control systems could lead to the filing of adverse event reports, recalls or safety alerts and negative publicity and could subject us to regulatory actions.

Safety problems associated with our products could lead to a product recall or the issuance of a safety alert relating to such products and result in significant costs and negative publicity. An adverse event involving one of our products could require us to file an adverse event report with the FDA. Such disclosure could result in reduced market acceptance and demand for all our products, and could harm our reputation and our ability to market our products in the future. In some circumstances, adverse events arising from or associated with the design, manufacture or marketing of our products could result in the suspension or delay of regulatory reviews of our applications for new product approvals or clearances.

We may also voluntarily undertake a recall of our products or temporarily shut down production lines based on internal safety, quality monitoring and testing data. To avoid future product recalls we have made and continue to invest in our quality systems, processes and procedures. We will continue to make improvements to our products and systems to further reduce issues related to patient safety.

However, there can be no assurance our efforts or systems will be sufficient. Future quality concerns, whether real or perceived, could adversely affect our operating results.

Our products or product types, or MR imaging could be subject to negative publicity, which could have a material adverse effect on our financial position and results of operations and could cause the market value of our common stock to decline.

The market’s perception of our products could be harmed if any of our products or similar products offered by others in our industry become the subject of negative publicity due to a product safety issue, withdrawal, recall, or are proven or are claimed to be harmful to patients. The harm to market perception may have a material adverse effect on our business, financial position and results of operations and could cause the market value of our common stock to decline.

Our products are designed for use around MRI scanners. MRI has been an important imaging diagnostic for some time now, however should MRI technology change materially or decline in usage due to new technologies or concerns about costs or efficacy of MR imaging, our products would suffer as MRI usage and installations declined. Such a matter may also have a material adverse effect on our business, financial position and results of operations and could cause the market value of our common stock to decline.

U.S. healthcare policy and changes thereto, including the Affordable Care Act and PPACA, may have a material adverse effect on our financial condition and results of operations.

The Patient Protection and Affordable Care Act, as amended by the Health Care and Education Affordability Reconciliation Act (collectively, the “PPACA”), enacted in 2010, implemented changes that significantly impacted the medical device industry. Beginning on January 1, 2013, the Affordable Care Act imposed a 2.3 percent excise tax on sales of products defined as “medical devices” by the regulations of the FDA. We believe that all our current products are “medical devices” within the meaning of the FDA regulations. On December 18, 2015, under the Consolidated Appropriations Act of 2015, the medical device excise tax was suspended for two years beginning on January 1, 2016. New legislation passed in January 2018 further suspended the medical device excise tax through December 31, 2019. While this tax was suspended by legislation for 2018 and 2019, its return beginning on January 1, 2020 and potential increases from the 2.3 percent level in future years would negatively impact our operating results. We cannot currently foresee that the suspension will be reinstated.

Other significant measures contained in the PPACA include research on the comparative clinical effectiveness of different technologies and procedures, initiatives to revise Medicare payment methodologies, such as bundling of payments across the continuum of care by providers and physicians, and initiatives to promote quality indicators in payment methodologies. The PPACA also includes significant new fraud and abuse measures, including required disclosures of financial payments to and arrangements with physician customers, lower thresholds for violations and increasing potential penalties for such violations.

Since its enactment, there have been judicial and Congressional challenges to certain aspects of PPACA. In January 2017, Congress voted to adopt a budget resolution for fiscal year 2017, or the Budget Resolution, that authorizes the implementation of legislation that would repeal portions of PPACA. The Budget Resolution is not a law; however, it was widely viewed as the first step toward the passage of legislation that would repeal certain aspects of PPACA. Further, on January 20, 2017, President Trump signed an Executive Order directing federal agencies with authorities and responsibilities under PPACA to waive, defer, grant exemptions from, or delay the implementation of any provision of PPACA that would impose a fiscal or regulatory burden on states, individuals, healthcare providers, health insurers, or manufacturers of pharmaceuticals or medical devices. In addition, with enactment of the Tax Cuts and Jobs Act of 2017, in December 2017, Congress repealed the “individual mandate” portion of PPACA. The repeal of this provision, which requires most Americans to carry a minimal level of health insurance, became effective in January 2019. The

Table of Contents

potential impact of these efforts to repeal or defer and delay enforcement of PPACA on our business remains unclear. Congress also could consider subsequent legislation to replace elements of PPACA that are repealed. Because of the continued uncertainty about the implementation of the PPACA, including the potential for further legal challenges or repeal of PPACA, we cannot quantify or predict with any certainty the likely impact of the PPACA or its repeal on our business, prospects, financial condition or results of operations.

We are subject to healthcare fraud and abuse regulations that could result in significant liability, require us to change our business practices and restrict our operations in the future.

We and our customers are subject to various U.S. federal, state and local laws targeting fraud and abuse in the healthcare industry, including anti-kickback and false claims laws. Violations of these laws are punishable by criminal or civil sanctions, including substantial fines, imprisonment and exclusion from participation in healthcare programs such as Medicare and Medicaid, and Veterans’ Administration health programs and health programs outside the U.S. These laws and regulations are broad in scope and are subject to evolving interpretations, which could require us to alter one or more of our sales or marketing practices. In addition, violations of these laws, or allegations of such violations, could disrupt our business and result in a material adverse effect on our sales, profitability and financial condition. Furthermore, since many of our customers rely on reimbursement from Medicare, Medicaid and other governmental programs to cover a substantial portion of their expenditures, if we or our customers are excluded from such programs as a result of a violation of these laws, it could have an adverse effect on our results of operations and financial condition.

We have developed and implemented business practices and processes to train our personnel to perform their duties in compliance with healthcare fraud and abuse laws and conduct informal oversight to detect and prevent these types of fraud and abuse. However, we lack formal written policies and procedures at this time. If we are unable to formally document and implement the controls and procedures required in a timely manner or we are otherwise found to be in violation of such laws, we might suffer adverse regulatory consequences or face criminal sanctions, which could harm our operations, financial reporting or financial results.

We could be adversely affected by violations of the U.S. Foreign Corrupt Practices Act and similar worldwide anti-bribery laws.

The U.S. Foreign Corrupt Practices Act and similar worldwide anti-bribery laws generally prohibit companies and their intermediaries from making improper payments to non-U.S. officials for the purpose of obtaining or retaining business. We intend to adopt policies for compliance with these anti-bribery laws, which often carry substantial penalties.

We cannot assure you that our internal control policies and procedures always will protect us from reckless or other inappropriate acts committed by our affiliates, employees or agents. Violations of these laws, or allegations of such violations, could have a material adverse effect on our business, financial position and results of operations and could cause the market value of our common stock to decline.

We and our suppliers and customers are required to obtain regulatory approvals to comply with regulations applicable to medical devices and infusion pumps, and these approvals could result in delays or increased costs in developing new products.

In December 2014, the FDA issued guidance entitled “Infusion Pumps Total Product Life Cycle.” This guidance established substantial additional pre-market requirements for new and modified infusion pumps. Through this guidance, the FDA indicated more data demonstrating product safety will be required for future 510(k) submissions for infusion pumps, including the potential for more clinical and human factors data. The process for obtaining regulatory approvals to market infusion pumps and related accessories have become more costly and time consuming. The impact of this guidance is likely to result in a more time consuming and costly process to obtain regulatory clearance to market infusion pumps. In addition, new requirements could result in longer delays for the clearance of new products, modification of existing infusion pump products or remediation of existing products in the market. Future delays in the receipt of, or failure to obtain, approvals could result in delayed or no realization of product revenues.

We and our suppliers and customers are required to maintain compliance with regulations applicable to medical devices and infusion pumps, and it could be costly to comply with these regulations and to develop compliant products and processes. Failure to comply with these regulations could subject us to sanctions and could adversely affect our business.

Even if we are able to obtain approval for introducing new products to the market, we and our suppliers may not be able to remain in compliance with applicable FDA and other material regulatory requirements once clearance or approval has been obtained for a product. These requirements include, among other things, regulations regarding manufacturing practices, product labeling, off-label marketing, advertising and post-marketing reporting, adverse event reports and field alerts. Compliance with these FDA requirements is subject to continual review and is monitored through periodic inspections by the FDA. For example, the FDA conducted routine inspections of our facility in Winter Springs, Florida in July 2016. The FDA issued a Form 483 on July 18, 2016 resulting from an inspection of our facility between July 11 and July 18, 2016 that identified three observations. These observations

Table of Contents

were related to procedural and documentation issues associated with the CAPA system, vendor requirements and complaint investigation.

We submitted responses to the Form 483 in August 2016 and October 2016 in which we described our proposed corrective and preventative actions to address each of the observations. As part of our response, on October 13, 2016 we initiated a customer follow up to our August 2012 Safety Alert and made available an updated instruction card for customers. This Safety Alert was closed in August 2019.

In addition, manufacturing flaws, component failures, design defects, off-label uses or inadequate disclosure of product related information could result in an unsafe condition or the injury or death of a patient. All of these events could harm our sales, margins and profitability in the affected periods and may have a material adverse effect on our business. Any adverse regulatory action or action taken by us to maintain appropriate regulatory compliance, with respect to these laws and regulations could disrupt our business and have a material adverse effect on our sales, profitability and financial condition. Furthermore, an adverse regulatory action with respect to any of our products or operating procedure or to our, or our suppliers’ manufacturing facility could materially harm our reputation in the marketplace.

Our operations are subject to environmental laws and regulations, with which compliance is costly and which exposes us to penalties for non-compliance.

Our business, products, and product candidates are subject to federal, state, and local laws and regulations relating to the protection of the environment, worker health and safety and the use, management, storage, and disposal of hazardous substances, waste, and other regulated materials. These environmental laws and regulations could require us to pay for environmental remediation and response costs at third-party locations where we dispose of or recycle hazardous substances. The costs of complying with these various environmental requirements, as they now exist or as may be altered in the future, could adversely affect our financial condition and results of operations.

Risks Relating to our Intellectual Property

Our success depends on our ability to protect our intellectual property.

We intend to rely on a combination of patents, trademarks, trade secrets, know-how, license agreements and contractual provisions to establish and protect our proprietary rights to our technologies and products. We cannot guarantee that the steps we have taken or will take to protect our intellectual property rights will be adequate or that they will deter infringement, misappropriation or violation of our intellectual property. We may fail to secure patents that are important to our business, and we cannot guarantee that any pending U.S. trademark or patent application, if ultimately issued, will provide us some relative competitive advantage. Litigation may be necessary to enforce our intellectual property rights and to determine the validity and scope of our proprietary rights.

Any litigation could result in substantial expenses and may not adequately protect our intellectual property rights. In addition, the laws of some of the countries in which our products may in the future be sold may not protect our products and intellectual property to the same extent as U.S. laws, or at all. We may be unable to protect our rights in trade secrets and unpatented proprietary technology in these countries. If our trade secrets become known, we may lose our competitive advantages.

Even if we are able to secure necessary patents in the U.S., we may not be able to secure necessary patents and trademarks in foreign countries in which we sell our products or plan to sell our products. In 2013, the U.S. transitioned to a “first inventor to file” system for patents in which, assuming the other requirements for patentability are met, the first inventor to file a patent application is entitled to a patent. We may be subject to a third-party pre-issuance submission of prior art to the U.S. Patent and Trademark Office, or become involved in opposition, derivation, reexamination, inter parties review or interference proceedings challenging our patent rights or the patent rights of others. An adverse determination in any such submission, proceeding or litigation could reduce the scope of, or invalidate our patent rights, allow third parties to commercialize our technology or products and compete directly with us, without payment to us, or result in our inability to manufacture or commercialize products without infringing third party patent rights.

Our unpatented trade secrets, know-how, confidential and proprietary information, and technology may be inadequately protected.

We rely on unpatented trade secrets, know-how and technology. This intellectual property is difficult to protect, especially in the medical device industry, where much of the information about a product must be submitted to regulatory authorities during the regulatory approval process. We seek to protect trade secrets, confidential information and proprietary information, in part, by entering into confidentiality and invention assignment agreements with employees, consultants, and others. These parties may breach or terminate these agreements, and we may not have adequate remedies for such breaches. Furthermore, these agreements may not provide meaningful protection for our trade secrets or other confidential or proprietary information or result in the effective

Table of Contents

assignment to us of intellectual property, and may not provide an adequate remedy in the event of unauthorized use or disclosure of confidential information or other breaches of the agreements. Despite our efforts to protect our trade secrets and our other confidential and proprietary information, we or our collaboration partners, board members, employees, consultants, contractors, or scientific and other advisors may unintentionally or willfully disclose our proprietary information to competitors.

There is a risk that our trade secrets and other confidential and proprietary information could have been, or could, in the future, be shared by any of our former employees with, and be used to the benefit of, any company that competes with us.

If we fail to maintain trade secret protection or fail to protect the confidentiality of our other confidential and proprietary information, our competitive position may be adversely affected. Competitors may also independently discover our trade secrets. Enforcement of claims that a third party has illegally obtained and is using trade secrets is expensive, time consuming and uncertain. If our competitors independently develop equivalent knowledge, methods and know-how, we would not be able to effectively assert our trade secret protections against them, which could have a material adverse effect on our business.

There can be no assurance of timely patent review and approval to minimize competition and generate sufficient revenues.

There can be no assurance that the Patent and Trademark Office will have sufficient resources to review our patent applications in a timely manner. Consequently, even if our patent applications are ultimately successful, our patent applications may be delayed, which would prevent intellectual property protection for our products. If we fail to successfully commercialize our products due to the lack of intellectual property protection, we may be unable to generate sufficient revenues to meet or grow our business according to our expected goals and this may have a materially adverse effect on our profitability, financial condition, and operations.

We may become involved in patent litigation or other intellectual property proceedings relating to our future product approvals, which could result in liability for damages or delay or stop our development and commercialization efforts.

The medical device industry has been characterized by significant litigation and other proceedings regarding patents, patent applications, and other intellectual property rights. The situations in which we may become parties to such litigation or proceedings may include any third parties (which may have substantially greater resources than we have) initiating litigation claiming that our products infringe their patent or other intellectual property rights; in such case, we will need to defend against such proceedings.

The large number of patents, the rapid rate of new patent applications and issuances, the complexities of the technologies involved and the uncertainty of litigation significantly increase the risks related to any patent litigation. Any potential intellectual property litigation also could force us to do one or more of the following:

· stop selling, making, or using products that use the disputed intellectual property;

· obtain a license from the intellectual property owner to continue selling, making, licensing, or using products, which license may require substantial royalty payments and may not be available on reasonable terms, or at all;

· pay substantial damages or royalties to the party whose intellectual property rights we may be found to be infringing;

· pay the attorney fees and costs of litigation to the party whose intellectual property rights we may be found to be infringing; or

· redesign those products that contain the allegedly infringing intellectual property, which could be costly, disruptive and/or infeasible.

If any of the foregoing events occur, we may have to withdraw existing products from the market or may be unable to commercialize one or more of our products, all of which could have a material adverse effect on our business, results of operations and financial condition. As the number of participants in our industry grows, the possibility of intellectual property infringement claims against us increases.

Furthermore, the costs of resolving any patent litigation or other intellectual property proceeding, even if resolved in our favor, could be substantial. Uncertainties resulting from the initiation and continuation of patent litigation or other intellectual property proceedings could have a material adverse effect on our ability to compete in the marketplace. Patent litigation and other intellectual property proceedings may also consume significant management time.

Table of Contents

In the event that a competitor infringes upon our patent or other intellectual property rights, enforcing those rights may be costly, difficult, and time-consuming. Even if successful, litigation to enforce our intellectual property rights or to defend our patents against challenge could be expensive and time-consuming and could divert our management’s attention. We may not have sufficient resources to enforce our intellectual property rights or to defend our patent or other intellectual property rights against a challenge. If we are unsuccessful in enforcing and protecting our intellectual property rights and protecting our products, it could materially harm our business.

There may also be situations where we use our business judgment and decide to market and sell products, notwithstanding the fact that allegations of patent infringement(s) have not been finally resolved by the courts (i.e., an “at-risk launch”). The risk involved in doing so can be substantial because the remedies available to the owner of a patent for infringement may include, among other things, damages measured by the profits lost by the patent owner and not necessarily by the profits earned by the infringer. In the case of a willful infringement, the definition of which is subjective, such damages may be increased up to three times. An adverse decision could have a material adverse effect on our business, financial position and results of operations and could cause the market value of our common stock to decline.

In addition, we may indemnify our customers and distributors with respect to infringement by our products of the proprietary rights of third parties. Third parties may assert infringement claims against our customers or distributors. These claims may require us to initiate or defend protracted and costly litigation on behalf of our customers or distributors, regardless of the merits of these claims. If any of these claims succeed, we may be forced to pay damages on behalf of our customers or distributors or may be required to obtain licenses for the products they use. If we cannot obtain all necessary licenses on commercially reasonable terms, our customers may be forced to stop using our products.

We may be subject to claims that we, our board members, employees or consultants have used or disclosed alleged trade secrets or other proprietary information belonging to third parties and any such individuals who are currently affiliated with one of our competitors may disclose our proprietary technology or information.

As is commonplace in the medical device industry, some of our board members, employees and consultants are or have been associated with other medical device companies that compete with us. For example, Mr. Susi and a number of our other employees are former employees of Invivo Corporation and/or other medical device firms. While associated with such other companies, these individuals may have been exposed to research and technology similar to the areas of research, technology, sales methodology, pricing models and other such matters in which we are engaged. We may become subject to future claims that we, our employees, board members, or consultants have inadvertently or otherwise used or disclosed alleged trade secrets or other proprietary information of those companies. Litigation may be necessary to defend against such claims.

We have entered into confidentiality agreements with our executives and key consultants. However, we do not have, and are not planning to enter into, any confidentiality agreements with our non-executive directors because they have a fiduciary duty of confidentiality as directors.

There is the possibility that any of our former board members, employees, or consultants who are currently or who may be employed at, or associated with, one of our competitors may unintentionally or willfully disclose our proprietary technology or information.

Risks Related to Ownership of Our Common Stock

Our common stock price has been and will likely continue to be subject to significant fluctuations and volatility, and you may be unable to sell your shares at a fair price, or at all.

Our stock could be subject to wide fluctuations in price in response to various factors, including the following:

· a lack of liquidity in the public trading of our common stock;

· the commercial success or failure of our key products;

· delayed or reduced orders from our customers;

· manufacturing or supply interruptions;

· changes or developments in laws or regulations applicable to our products and product candidates;

Table of Contents

· introduction of competitive products or technologies;

· poorly executed acquisitions or acquisitions whose projected potential is not realized;

· actual or anticipated variations in quarterly operating results;

· failure to meet or exceed our own estimates and projections or the estimates and projections of securities analysts or investors;

· new or revised earnings estimates or guidance by us or securities analysts or investors;

· varying economic and market conditions in the U.S.;

· negative developments impacting the medical device industry in general and changes in the market valuations of companies deemed similar to us;

· negative developments concerning our sources of manufacturing supply;

· disputes or other developments relating to patents, trademarks or other proprietary rights;

· litigation or investigations involving us, our industry, or both;

· issuances of debt, equity or convertible securities at terms deemed unfavorable by the market;

· major catastrophic events;

· sales of large blocks of our stock;

· changes in our Board of Directors, management or key personnel; or

· the other factors described in this “Risk Factors” section.

Any one of the factors above, or the cumulative effect of some of the factors referred to above, may result in significant fluctuations in our quarterly or annual operating results, fluctuations in our share price and investors’ perception of our business. If we fail to meet or exceed such expectations, our business and stock price could be materially adversely affected.

Any use of capital to repurchase shares of our common stock could have a material adverse effect on our stock price and our business.

Since we announced stock repurchase programs in 2016 and 2017, we have used a significant amount of cash to repurchase shares of common stock of our company. Historically, we have opportunistically repurchased additional shares of common stock from time to time at prices that we believe are attractive. While our stock repurchase program has expired, should our Board of Directors authorize another stock repurchase program, there can be no assurance that we will be able to repurchase shares on favorable terms or, if we do repurchase shares, that such repurchases will increase shareholder value. Additionally, if we use a significant portion of our capital to repurchase shares, our financial flexibility will be reduced, and we may not be able to execute on other strategic initiatives or tolerate periods of operating losses. If we repurchase shares on unfavorable terms or if our use of capital to repurchase shares inhibits our ability to pursue other strategic initiatives or tolerate periods of operating losses, it could have a material adverse effect on our stock price and our business.

We may need or choose to raise additional capital in the future, which could result in dilution to our stockholders and adversely affect stock price.

While we believe that our cash and investment balances and prospective cash flow from our operations will provide us with adequate capital to fund operations for at least the next 12 months, we may need or choose to raise additional funds prior to that time. We may seek to sell additional equity or debt securities or to obtain a credit facility, which we may not be able to do on favorable terms, or at all. The sale of additional equity or convertible debt securities could result in additional dilution to our stockholders. If additional funds are raised through the issuance of debt securities or preferred stock, these securities could have rights that are senior

Table of Contents

to holders of common stock and any debt securities could contain covenants that would restrict our operations. The sale of such securities could hurt demand for our common stock and lead our share price to decline.

Roger Susi, who serves as our Chairman of the Board of Directors and Chief Technology Officer, owns a significant percentage of our stock and will be able to exert significant control over matters subject to stockholder approval.

Mr. Susi, our founder, who serves as our Chairman of the Board of Directors, Chief Technology Officer, and his affiliates, beneficially owns a majority of our outstanding common stock. Mr. Susi is able to influence or control matters requiring approval by our stockholders, including the election of directors and the approval of mergers, acquisitions or other extraordinary transactions. He may also have interests that differ from yours and may vote in a way with which you disagree and which may be adverse to your interests. This concentration of ownership may have the effect of delaying, preventing or deterring a change of control of our company, could deprive our stockholders of an opportunity to receive a premium for their common stock as part of a sale of our company and might ultimately affect the market price of our common stock.

Mr. Susi’s majority ownership also qualifies our company as a “controlled company” and allows us to opt out of compliance with numerous corporate governance listing requirements.

In addition, we qualify for the “controlled company” exemption under the corporate governance rules of the NASDAQ Stock Market until such a time as Mr. Susi does not control a majority of our outstanding common stock. As a “controlled company,” we would be permitted to opt out of compliance with the requirements that a majority of our Board of Directors consist of independent directors, that our Board of Directors’ compensation committee be comprised solely of independent directors, and that director nominees be selected or recommended to the Board of Directors for selection by independent directors. Notwithstanding the availability of these exemptions, we have elected not to rely upon any of the exemptions afforded to a “controlled company” under NASDAQ rules. A majority of our Board of Directors is comprised of independent directors, our compensation committee is comprised solely of independent directors, and our director nominees are recommended for selection to our Board of Directors by a majority of our independent directors in a vote in which only independent directors may participate. Our compliance is voluntary, however, and there can be no assurance that we will continue to comply with these standards in the future. We do not currently require that our Chairman of the Board be an independent director.

We do not intend to pay dividends for the foreseeable future.

We do not anticipate that we will pay any cash dividends on shares of our common stock for the foreseeable future. Any determination to pay dividends in the future will be at the discretion of our Board of Directors and will depend upon results of operations, financial condition, contractual restrictions, restrictions imposed by applicable law and other factors our Board of Directors deems relevant. Investors seeking cash dividends should not purchase our common stock.

Accordingly, if you purchase shares, realization of a gain on your investment will depend solely on the appreciation of the price of our common stock, which may never occur.

The requirements of being a public company may strain our resources, divert management’s attention and affect our ability to attract and retain executive management and qualified board members.

As a public company, we are subject to the reporting requirements of the Securities Exchange Act of 1934, as amended (“Exchange Act”), the Sarbanes-Oxley Act, the Dodd-Frank Act, the listing requirements of the NASDAQ Stock Market and other applicable securities rules and regulations. Compliance with these rules and regulations will increase our legal and financial compliance costs, make some activities more difficult, time-consuming or costly and increase demand on our systems and resources. The Exchange Act requires, among other things, that we file annual, quarterly and current reports with respect to our business and operating results. As a result, management’s attention may be diverted from other business concerns, which could adversely affect our business and operating results. We may need to hire more employees in the future or engage outside consultants to monitor and advise us regarding compliance, which will increase our costs and expenses.

In addition, changing laws, regulations and standards relating to corporate governance and public disclosure are creating uncertainty for public companies, increasing legal and financial compliance costs and making some activities more time consuming. These laws, regulations and standards are subject to varying interpretations, in many cases due to their lack of specificity, and, as a result, their application in practice may evolve over time as new guidance is provided by regulatory and governing bodies. This could result in continuing uncertainty regarding compliance matters and higher costs necessitated by ongoing revisions to disclosure and governance practices. We are investing additional resources to comply with evolving laws, regulations and standards, and this investment may result in increased general and administrative expenses and a diversion of management’s time and attention from revenue-generating activities to compliance activities. If our efforts to comply with new laws, regulations and standards differ from

Table of Contents

the activities intended by regulatory or governing bodies due to ambiguities related to their application and practice, regulatory authorities may initiate legal proceedings against us, and our business may be adversely affected. These compliance requirements and costs will increase once we are no longer an “emerging growth company” as defined in the JOBS Act, which we anticipate will occur on December 31, 2019.

We believe that being a public company and compliant with these new rules and regulations has made it more expensive for us to obtain director and officer liability insurance, and we may be required to accept reduced coverage or incur substantially higher costs to obtain coverage. These factors could also make it more difficult for us to attract and retain qualified members of our Board of Directors, particularly to serve on our audit committee and compensation committee, and qualified executive officers.

As a result of being a public company, we are obligated to establish and maintain adequate internal controls. Failure to develop and maintain adequate internal controls or to implement new or improved controls could have a material adverse effect on our business, financial position and results of operations and could cause the market value of our common stock to decline.

Ensuring that we have adequate internal financial and accounting controls and procedures in place so that we can produce accurate financial statements on a timely basis is a costly and time-consuming effort. Our internal controls over financial reporting are designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements in accordance with GAAP. We are developing the system and processing documentation necessary to perform the evaluation needed to comply with Section 404 of the Sarbanes-Oxley Act of 2002. We may not be able to complete our evaluation, testing and any required remediation in a timely fashion. During the evaluation and testing process, if we identify one or more material weaknesses in our internal controls over financial reporting, we will be unable to assert that our internal controls are effective.

We will be required to disclose changes made in our internal controls and procedures on a quarterly basis. However, our independent registered public accounting firm will not be required to report on the effectiveness of our internal controls over financial reporting pursuant to Section 404 of the Sarbanes-Oxley Act until we file our first Form 10-K following the date we are no longer an “emerging growth company” as defined in the JOBS Act. At such time, our independent registered public accounting firm may issue a report that is adverse in the event it is not satisfied with the level at which our controls are documented, designed or operating. Our remediation efforts may not enable us to avoid a material weakness in the future.

Our business practices have become more visible as a public company, and this could impact our competitive environment and our risk of potential litigation.

As a result of disclosure of information in filings required of a public company, our business and financial condition have become more visible potentially exposing us to new competition and threatened or actual litigation, including by competitors and other third parties. New competition could result in reduced sales of our products and adversely impact our profitability. If lawsuits prevail against us, our business and operating results could be adversely affected, and even if the claims do not result in litigation or are resolved in our favor, these claims, and the time and resources necessary to resolve them, could divert the resources of our management and adversely affect our business and operating results.

We may and have become involved in securities class action litigation that could divert management’s attention from our business and adversely affect our business and could subject us to significant liabilities.

The stock markets have from time to time experienced significant price and volume fluctuations that have affected the market prices of small capitalization medical device companies. These broad market fluctuations as well a broad range of other factors, including the realization of any of the risks described in this “Risk Factors” section, may cause the market price of our common stock to decline. In the past, securities class action litigation has often been brought against a company following a decline in the market price of its securities. We have become, and may in the future, become involved in this type of litigation. Litigation is expensive and could divert management’s attention and resources from our primary business, which could adversely affect our operating results. Any adverse determination in any such litigation or any amounts paid to settle any such actual or threatened litigation could require us to make significant payments. Such payment could have a material impact on how investors view our company and result in a decline in our stock price.

We are an “emerging growth company,” and we are not certain if the reduced reporting requirements applicable to emerging growth companies has made our common stock less attractive to investors.

We are an “emerging growth company,” as defined in the JOBS Act, and intend to take advantage of certain exemptions from various reporting requirements. We cannot predict if investors will respond negatively to our reliance on these exemptions. If some investors find our common stock less attractive as a result, there may be a less active trading market for our common stock, and our stock price may be more volatile.

Table of Contents

As an “emerging growth company” we have also chosen to take advantage of certain provisions of the JOBS Act that allow us to provide you with less information in our public filings than would otherwise be required. As a result, it may be more difficult for you to evaluate an investment in our company. We anticipate that starting December 31, 2019, we will no longer be an emerging growth company and after that date we will no longer be able to avail ourselves of these exemptions.

If securities or industry analysts fail to initiate research coverage of our stock, downgrade our stock, or discontinue coverage, our trading volume might be reduced and our stock price could decline.

The trading market for our common stock depends, in part, on the research reports that securities or industry analysts publish about our business. If securities or industry analysts do not commence or continue coverage of our company, the trading market for our stock may not be robust and the price of our stock could likely be negatively impacted. In the event securities or industry analysts initiate coverage, and later downgrade our stock or discontinue such coverage, our stock price could decline.

Our charter documents and Delaware law have provisions that may discourage an acquisition of us by others and may prevent attempts by our stockholders to replace or remove our current management.

Provisions in our charter documents, as well as provisions of the Delaware General Corporation Law (“DGCL”), could depress the trading price of our common stock by making it more difficult for a third party to acquire us at a price favorable to our shareholders. These provisions include:

· authorizing the issuance of “blank check” preferred stock, the terms of which may be established and shares of which may be issued without stockholder approval to defend against a takeover attempt; and

· establishing advance notice requirements for nominations for election to our Board of Directors or for proposing matters that can be acted upon at stockholder meetings.

In addition, these provisions may frustrate or prevent any attempts by our stockholders to replace or remove our current management by making it more difficult for stockholders to replace members of our Board of Directors. We are subject to Section 203 of the DGCL, which generally prohibits a Delaware corporation from engaging in any of a broad range of business combinations with an interested stockholder for a period of three years following the date on which the stockholder became an interested stockholder, unless such transactions are approved by our Board of Directors. This provision could have the effect of delaying or preventing a change of control, whether or not it is desired by or beneficial to our stockholders, which could also affect the price that some investors are willing to pay for our common stock.

Item 2. Unregistered Sale of Equity Securities and Use of Proceeds

Not Applicable.

Item 3. Default Upon Senior Securities

Not Applicable.

Item 4. Mine Safety Disclosures.

Not Applicable.

Item 5. Other Information

Not Applicable.

Table of Contents

Item 6. Exhibits

(a) Exhibits

Exhibit Number		Description of Document
10.1+		Employment Agreement Between the Registrant and Leslie McDonnell dated July 24, 2019 (incorporated herein by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No. 001-36534), filed on July 29, 2019).
10.2+		Employment Agreement Between the Registrant and Roger Susi dated July 24, 2019 (incorporated herein by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K (File No. 001-36534), filed on July 29, 2019).
10.3+		First Amended and Restated Separation Agreement Between the Registrant and John McCreery dated as of August 23, 2019 (incorporated herein by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No. 001-36534), filed on August 26, 2019.
31.1		Certification of Chief Executive Officer pursuant to Exchange Act Rule, 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2		Certification of Chief Financial Officer pursuant to Exchange Act Rule, 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*		Certifications of Chief Executive Officer and Chief Financial Officer pursuant to 18 I.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

+ Indicates a management contract or compensatory plan or arrangement.

* This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, whether made before or after the date hereof and irrespective of any general incorporation language in any filings.

Table of Contents

IRADIMED CORPORATION

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	IRADIMED CORPORATION

Dated: November 7, 2019	/s/ Leslie McDonnell
	By:	Leslie McDonnell
	Its:	Chief Executive Officer and President (Principal Executive Officer and Authorized Officer)

	/s/ Chris Scott
	By:	Chris Scott
	Its:	Chief Financial Officer and Secretary (Principal Financial and Accounting Officer)

EX-31.1 2 a19-17594_1ex31d1.htm EX-31.1

Exhibit 31.1

Certification of Chief Executive Officer pursuant to Item 601(b)(31) of Regulation S-K, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Leslie McDonnell, certify that:

1. I have reviewed this quarterly report on Form 10-Q of IRADIMED CORPORATION;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 7, 2019

/s/ Leslie McDonnell
By: Leslie McDonnell
Chief Executive Officer and President
(Principal Executive Officer)

EX-31.2 3 a19-17594_1ex31d2.htm EX-31.2

Exhibit 31.2

Certification of Chief Financial Officer pursuant to Item 601(b)(31) of Regulation S-K, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Chris Scott, certify that:

1. I have reviewed this quarterly report on Form 10-Q of IRADIMED CORPORATION;

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 7, 2019

/s/ Chris Scott
By: Chris Scott
Chief Financial Officer and Secretary
(Principal Financial and Accounting Officer)

EX-32.1 4 a19-17594_1ex32d1.htm EX-32.1

Exhibit 32.1

Certification of Chief Executive Officer and Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the quarterly report of IRADIMED CORPORATION (the “Company”) on Form 10-Q for the quarter ending September 30, 2019, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), each of the undersigned, in the capacities and on the date indicated below, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to his knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Leslie McDonnell
By: Leslie McDonnell
Chief Executive Officer and President
(Principal Executive Officer)
November 7, 2019


/s/ Chris Scott
By: Chris Scott
Chief Financial Officer and Secretary
(Principal Financial and Accounting Officer)
November 7, 2019

EX-101.INS 5 irmd-20190930.xml XBRL INSTANCE DOCUMENT 0001325618 us-gaap:RetainedEarningsMember 2019-09-30 0001325618 us-gaap:CommonStockMember 2019-09-30 0001325618 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-09-30 0001325618 us-gaap:RetainedEarningsMember 2019-06-30 0001325618 us-gaap:CommonStockMember 2019-06-30 0001325618 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0001325618 us-gaap:RetainedEarningsMember 2018-12-31 0001325618 us-gaap:CommonStockMember 2018-12-31 0001325618 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001325618 us-gaap:RetainedEarningsMember 2018-09-30 0001325618 us-gaap:CommonStockMember 2018-09-30 0001325618 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-30 0001325618 us-gaap:RetainedEarningsMember 2018-06-30 0001325618 us-gaap:CommonStockMember 2018-06-30 0001325618 us-gaap:AdditionalPaidInCapitalMember 2018-06-30 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-30 0001325618 us-gaap:RetainedEarningsMember 2017-12-31 0001325618 us-gaap:CommonStockMember 2017-12-31 0001325618 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0001325618 us-gaap:EmployeeStockOptionMember 2018-12-31 0001325618 us-gaap:RestrictedStockUnitsRSUMember 2018-12-31 0001325618 irmd:InternationalMember 2019-07-01 2019-09-30 0001325618 country:US 2019-07-01 2019-09-30 0001325618 irmd:InternationalMember 2019-01-01 2019-09-30 0001325618 country:US 2019-01-01 2019-09-30 0001325618 irmd:InternationalMember 2018-07-01 2018-09-30 0001325618 country:US 2018-07-01 2018-09-30 0001325618 irmd:InternationalMember 2018-01-01 2018-09-30 0001325618 country:US 2018-01-01 2018-09-30 0001325618 irmd:InternationalMember 2019-09-30 0001325618 country:US 2019-09-30 0001325618 irmd:InternationalMember 2018-12-31 0001325618 country:US 2018-12-31 0001325618 us-gaap:MachineryAndEquipmentMember 2019-09-30 0001325618 us-gaap:LeaseholdImprovementsMember 2019-09-30 0001325618 us-gaap:FurnitureAndFixturesMember 2019-09-30 0001325618 irmd:ToolingInProcessMember 2019-09-30 0001325618 irmd:ComputerSoftwareAndHardwareMember 2019-09-30 0001325618 us-gaap:MachineryAndEquipmentMember 2018-12-31 0001325618 us-gaap:LeaseholdImprovementsMember 2018-12-31 0001325618 us-gaap:FurnitureAndFixturesMember 2018-12-31 0001325618 irmd:ToolingInProcessMember 2018-12-31 0001325618 irmd:ComputerSoftwareAndHardwareMember 2018-12-31 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-09-30 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0001325618 us-gaap:AccountingStandardsUpdate201602Member 2019-01-01 0001325618 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0001325618 us-gaap:RetainedEarningsMember 2019-01-01 2019-09-30 0001325618 us-gaap:RetainedEarningsMember 2018-07-01 2018-09-30 0001325618 2019-01-01 0001325618 2019-01-01 2019-01-01 0001325618 us-gaap:TrademarksMember 2019-09-30 0001325618 irmd:SoftwareDevelopmentInUseMember 2019-09-30 0001325618 irmd:SoftwareDevelopmentInProcessMember 2019-09-30 0001325618 irmd:PatentsInUseMember 2019-09-30 0001325618 irmd:PatentsInProcessMember 2019-09-30 0001325618 us-gaap:TrademarksMember 2018-12-31 0001325618 irmd:SoftwareDevelopmentInUseMember 2018-12-31 0001325618 irmd:SoftwareDevelopmentInProcessMember 2018-12-31 0001325618 irmd:PatentsInUseMember 2018-12-31 0001325618 irmd:PatentsInProcessMember 2018-12-31 0001325618 us-gaap:RestrictedStockUnitsRSUMember 2019-09-30 0001325618 us-gaap:EmployeeStockOptionMember 2019-09-30 0001325618 us-gaap:RestrictedStockUnitsRSUMember 2019-01-01 2019-09-30 0001325618 us-gaap:EmployeeStockOptionMember 2019-01-01 2019-09-30 0001325618 us-gaap:DomesticCorporateDebtSecuritiesMember 2018-01-01 2018-12-31 0001325618 us-gaap:ForeignCorporateDebtSecuritiesMember 2019-01-01 2019-09-30 0001325618 us-gaap:DomesticCorporateDebtSecuritiesMember 2019-01-01 2019-09-30 0001325618 us-gaap:ForeignCorporateDebtSecuritiesMember 2018-01-01 2018-12-31 0001325618 2018-01-01 2018-12-31 0001325618 us-gaap:WarrantMember us-gaap:IPOMember 2019-09-30 0001325618 us-gaap:ForeignCorporateDebtSecuritiesMember 2019-09-30 0001325618 us-gaap:DomesticCorporateDebtSecuritiesMember 2019-09-30 0001325618 us-gaap:ForeignCorporateDebtSecuritiesMember 2018-12-31 0001325618 us-gaap:DomesticCorporateDebtSecuritiesMember 2018-12-31 0001325618 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-09-30 0001325618 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-09-30 0001325618 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-09-30 0001325618 us-gaap:FairValueMeasurementsRecurringMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-09-30 0001325618 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-09-30 0001325618 us-gaap:FairValueMeasurementsRecurringMember 2019-09-30 0001325618 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForeignCorporateDebtSecuritiesMember 2018-12-31 0001325618 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:DomesticCorporateDebtSecuritiesMember 2018-12-31 0001325618 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForeignCorporateDebtSecuritiesMember 2018-12-31 0001325618 us-gaap:FairValueMeasurementsRecurringMember us-gaap:DomesticCorporateDebtSecuritiesMember 2018-12-31 0001325618 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001325618 us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001325618 us-gaap:SellingAndMarketingExpenseMember 2019-07-01 2019-09-30 0001325618 us-gaap:ResearchAndDevelopmentExpenseMember 2019-07-01 2019-09-30 0001325618 us-gaap:GeneralAndAdministrativeExpenseMember 2019-07-01 2019-09-30 0001325618 us-gaap:CostOfSalesMember 2019-07-01 2019-09-30 0001325618 us-gaap:SellingAndMarketingExpenseMember 2019-01-01 2019-09-30 0001325618 us-gaap:ResearchAndDevelopmentExpenseMember 2019-01-01 2019-09-30 0001325618 us-gaap:GeneralAndAdministrativeExpenseMember 2019-01-01 2019-09-30 0001325618 us-gaap:CostOfSalesMember 2019-01-01 2019-09-30 0001325618 us-gaap:SellingAndMarketingExpenseMember 2018-07-01 2018-09-30 0001325618 us-gaap:ResearchAndDevelopmentExpenseMember 2018-07-01 2018-09-30 0001325618 us-gaap:GeneralAndAdministrativeExpenseMember 2018-07-01 2018-09-30 0001325618 us-gaap:CostOfSalesMember 2018-07-01 2018-09-30 0001325618 us-gaap:SellingAndMarketingExpenseMember 2018-01-01 2018-09-30 0001325618 us-gaap:ResearchAndDevelopmentExpenseMember 2018-01-01 2018-09-30 0001325618 us-gaap:GeneralAndAdministrativeExpenseMember 2018-01-01 2018-09-30 0001325618 us-gaap:CostOfSalesMember 2018-01-01 2018-09-30 0001325618 2019-06-30 0001325618 2018-09-30 0001325618 2018-06-30 0001325618 2017-12-31 0001325618 us-gaap:WarrantMember us-gaap:IPOMember 2017-07-17 0001325618 us-gaap:WarrantMember us-gaap:IPOMember 2017-07-16 0001325618 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0001325618 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0001325618 us-gaap:CommonStockMember 2019-01-01 2019-09-30 0001325618 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-09-30 0001325618 us-gaap:CommonStockMember 2018-07-01 2018-09-30 0001325618 us-gaap:AdditionalPaidInCapitalMember 2018-07-01 2018-09-30 0001325618 us-gaap:CommonStockMember 2018-01-01 2018-09-30 0001325618 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-09-30 0001325618 irmd:MriCompatiblePatientVitalSignsMonitoringSystemsMember 2019-07-01 2019-09-30 0001325618 irmd:MRICompatibleIVInfusionPumpsMember 2019-07-01 2019-09-30 0001325618 irmd:MriCompatiblePatientVitalSignsMonitoringSystemsMember 2019-01-01 2019-09-30 0001325618 irmd:MRICompatibleIVInfusionPumpsMember 2019-01-01 2019-09-30 0001325618 irmd:MriCompatiblePatientVitalSignsMonitoringSystemsMember 2018-07-01 2018-09-30 0001325618 irmd:MRICompatibleIVInfusionPumpsMember 2018-07-01 2018-09-30 0001325618 irmd:MriCompatiblePatientVitalSignsMonitoringSystemsMember 2018-01-01 2018-09-30 0001325618 irmd:MRICompatibleIVInfusionPumpsMember 2018-01-01 2018-09-30 0001325618 irmd:WinterSpringsFloridaFacilityMember irmd:SusiLLCMember 2014-01-31 0001325618 irmd:WinterSpringsFloridaFacilityMember irmd:SusiLLCMember 2019-01-01 2019-09-30 0001325618 irmd:WinterSpringsFloridaFacilityMember irmd:SusiLLCMember 2014-01-01 2014-01-31 0001325618 us-gaap:RetainedEarningsMember 2018-01-01 2018-09-30 0001325618 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0001325618 us-gaap:WarrantMember us-gaap:IPOMember 2019-07-01 2019-09-30 0001325618 us-gaap:WarrantMember us-gaap:IPOMember 2014-07-21 0001325618 2019-07-01 2019-09-30 0001325618 2018-07-01 2018-09-30 0001325618 2018-01-01 2018-09-30 0001325618 2019-09-30 0001325618 2018-12-31 0001325618 2019-10-31 0001325618 2019-01-01 2019-09-30 irmd:segment iso4217:USD xbrli:shares xbrli:pure iso4217:USD xbrli:shares false --12-31 Q3 2019 2019-09-30 10-Q 0001325618 11484583 Yes true true Non-accelerated Filer IRADIMED CORPORATION false true 180425 40726 1101453 390185 1385382 473556 <div> <div> CE Mark for Products   On January 16, 2019, we were notified by the U.K. Notified Body, UL International Ltd. (“UL”) that their recent technical file review of our 3880 MRI compatible patient vital signs monitoring system could not be completed as aspects of clinical evaluation reporting, as required by newly issued guidance from the European Union, was not acceptable, resulting in a technical non-conformity. Accordingly, UL issued temporary EC Certificates that include our MRI compatible IV infusion pump system and related IV tubing sets and excludes our 3880 patient vital signs monitoring system. These temporary EC Certificates extended through July 27, 2019. We immediately suspended shipments of our 3880 patient vital signs monitor to all markets requiring a CE Mark.   On July 3, 2019, during the process of addressing the technical non-conformity associated with the review of our 3880 MRI compatible patient vital signs monitoring system, UL notified its customers of their decision to cease operations as a notified body and would continue the process of transferring all customers to the Polish Center for Testing and Certification (Polskie Centrum Badań i Certyfikacji S.A.) (“PCBC”) based in Warsaw, Poland. UL notified us that they transferred our EC Certificates to PCBC and, in August 2019, we received renewed EC Certificates for our MRI compatible IV infusion pump system and related IV tubing sets with an additional 4-year term.   UL’s decision to cease operations as a medical device notified body caused us to seek a new notified body for certification of our 3880 MRI compatible patient vital signs monitoring system. Concurrent to UL’s announcement, we engaged Ente Certificazione Macchine (“ECM”) as our notified body for the 3880 MRI compatible patient vital signs monitoring system. We are actively working through the recertification process with ECM and expect to complete this process and resume shipments into all markets requiring a CE Mark during our fiscal fourth quarter 2019, however, there can be no assurance that these efforts will be successful. <div /></div> </div> 1.30 162031 1683256 2033473 1764735 2530978 -10496 10496 -10496 0 0 0 0 <div> <div> Close-Out of FDA Warning Letter   As announced on October 8, 2019, we received a close-out letter from the FDA with respect to the FDA warning letter previously received in August 2014. We received this warning letter following a routine inspection of our prior facility between April 7 and April 16, 2014. The close-out letter confirmed that all issues cited in the August 2014 warning letter have been resolved. <div /></div> </div> 88439 -20587 2973 110574 147643 90847 77292 P5Y P5Y P1Y P9Y8M12D 34133 1 1234565 2209525 15275565 10748830 4526735 5350031 3532670 1817361 19728076 13512548 6215528 7327141 4769252 2557889 5722573 1874439 6513030 2162602 9582 40195 1234534 31 999459 26 2209484 41 1709255 23 8.125 10.05

772470

1173930

4209992

6924977

133000

84784

2031450

2316191

-48909

-97324

-74659

-42192

23267

29140

15317335

18683848

1361964

503556

1306430

455641

1361964

207498

795280

114299

244887

503556

70000

312043

38519

82994

1306430

188295

802205

57357

258573

455641

67452

279125

19790

89274

42443

67837

66842

22491

67472

22491

39869

10196

14991

117584

48442258

62571338

44541717

55512791

6349915

5429336

920579

5429336

920579

3926904

2996470

930434

2996470

930434

6349915

5429336

920579

3926904

2996470

930434

181248

331633

28027688

38637408

18205976

23699164

28027688

38637408

5493188

10609720

8.125

2.42

201600

<div> <div> 13 — Commitments and Contingencies   Purchase commitments. We had various purchase orders for goods or services totaling $3,172,831 and $2,674,691 as of September 30, 2019 and December 31, 2018, respectively. No amounts related to these purchase orders have been recognized in our balance sheet.   Legal matters. We may from time to time become party to various legal proceedings or claims that arise in the ordinary course of business.   <div /></div> </div>

0.0001

31500000

10989111

11431467

10989111

11431467

1099

1143

4581183

2422938

6460608

2460743

<div> <div> 9 — Accumulated Other Comprehensive Income (Loss)   The components of accumulated other comprehensive loss, net of tax, for the three months ended September 30, 2019 and 2018 are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized (Losses) </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gains on </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Available-For-Sale </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Securities </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance at June 30, 2019 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 23,267 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gains on available-for-sale securities, net </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 11,615 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Reclassification realized in net earnings </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (5,742) </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at September 30, 2019 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 29,140 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at June 30, 2018 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (97,324) </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Gains on available-for-sale securities, net </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,566 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Reclassification realized in net earnings </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 16,099 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance at September 30, 2018 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (74,659) </td> </tr> </table></div>   The components of accumulated other comprehensive loss, net of tax, for the nine months ended September 30, 2019 and 2018 are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized (Losses)  </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gains on </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Available-For-Sale </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Securities </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance at December 31, 2018 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (42,192) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gains on available-for-sale securities, net </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 74,233 </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Reclassification realized in net earnings </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,901) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at September 30, 2019 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 29,140 </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at December 31, 2017 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (48,909) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Losses on available-for-sale securities, net </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (32,180) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Reclassification realized in net earnings </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 16,926 </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cumulative effect from adoption of accounting standard update </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (10,496) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at September 30, 2018 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (74,659) </td> </tr> </table></div>   <div /></div> </div>

<div> <div> Certain Significant Risks and Uncertainties   We market our products to end users in the United States and to distributors internationally. Sales to end users in the United States are generally made on open credit terms. Management maintains an allowance for potential credit losses.  <div /></div> </div>

<div> <div> Our contract liabilities consist of:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Advance payments from customers </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 40,726 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 180,425 </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Shipments in-transit </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 40,195 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 9,582 </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Extended warranty agreements </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 4,022,373 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,415,782 </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,103,294 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,605,789 </td> </tr> </table></div>   Changes in the contract liabilities during the periods presented are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:15.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Deferred </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Revenue </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Contract liabilities, December 31, 2018 </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,605,789 </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Increases due to cash received from customers </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,530,978 </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Decreases due to recognition of revenue </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,033,473) </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Contract liabilities, September 30, 2019 </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,103,294 </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:15.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Deferred  </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Revenue </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Contract liabilities, December 31, 2017 </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,621,256 </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Increases due to cash received from customers </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,764,735 </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Decreases due to recognition of revenue </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (1,683,256) </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Contract liabilities, September 30, 2018 </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,702,735 </td> </tr> </table></div>   <div /></div> </div>

3621256

3702735

3605789

4103294

1798784

1734799

1807005

2368495

5229141

1826716

6074323

2168208

<div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="10" valign="bottom" style="width:46.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30, 2019 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gross </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gross </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Cost </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gains </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Losses </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Value </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Corporate bonds: </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> U.S. corporations </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,969,503 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 26,967 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,996,470 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> International corporations </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 918,417 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12,017 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 930,434 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,887,920 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 38,984 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,926,904 </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="10" valign="bottom" style="width:46.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2018 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gross </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gross </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Cost </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gains </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Losses </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Value </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Corporate bonds: </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> U.S. corporations </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,487,645 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 58,309 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,429,336 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> International corporations </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 918,417 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,162 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 920,579 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 6,406,062 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,162 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 58,309 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 6,349,915 </td> </tr> </table></div>   <div /></div> </div>

6349915

3926904

2162

38984

26967

12017

58309

1088702

1038833

345592

121133

373828

122834

844885

961597

<div> <div>   Revenue information by geographic region is as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months Ended </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> United States </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 8,281,854 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,099,767 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,916,642 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 17,808,918 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> International </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,681,445 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,514,888 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,709,846 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,290,673 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total revenue </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 9,963,299 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 7,614,655 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 27,626,488 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,099,591 </td> </tr> </table></div>   Revenue information by type is as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months Ended </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Devices: </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> MRI Compatible IV Infusion Pump Systems </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,769,252 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,532,670 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 13,512,548 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 10,748,830 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> MRI Compatible Patient Vital Signs Monitoring Systems </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,557,889 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,817,361 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,215,528 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 4,526,735 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total Devices Revenue </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 7,327,141 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,350,031 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 19,728,076 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 15,275,565 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Disposables and Services </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,162,602 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,874,439 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,513,030 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 5,722,573 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Amortization of extended warranty agreements </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 473,556 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 390,185 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,385,382 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,101,453 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total revenue </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 9,963,299 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 7,614,655 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 27,626,488 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,099,591 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> 10 — Stock-Based Compensation   Stock-based compensation was recognized as follows in the Condensed Statements of Operations:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months Ended </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cost of revenue </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 67,452 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 70,000 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 188,295 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 207,498 </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> General and administrative </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 279,125 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 312,043 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 802,205 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 795,280 </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Sales and marketing </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 89,274 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 82,994 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 258,573 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 244,887 </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Research and development </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 19,790 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 38,519 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 57,357 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 114,299 </td> </tr> <tr> <td valign="bottom" style="width:54.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 455,641 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 503,556 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,306,430 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,361,964 </td> </tr> </table></div>   As of September 30, 2019, we had $581,768 of unrecognized compensation cost related to unvested stock options, which is expected to be recognized over a weighted-average period of 3.8 years. As of September 30, 2019, we had $4,138,350 of unrecognized compensation cost related to unvested restricted stock units, which is expected to be recognized over a weighted-average period of 3.1 years.   The following table presents a summary of our stock-based compensation activity for the nine months ended September 30, 2019 (shares):   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:73.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Stock </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Restricted </td> </tr> <tr> <td valign="bottom" style="width:73.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Options </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Stock Units </td> </tr> <tr> <td valign="bottom" style="width:73.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Outstanding beginning of period </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,129,463 </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 226,501 </td> </tr> <tr> <td valign="bottom" style="width:73.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Awards granted </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 50,000 </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 106,823 </td> </tr> <tr> <td valign="bottom" style="width:73.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Awards exercised/vested </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (252,551) </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (33,144) </td> </tr> <tr> <td valign="bottom" style="width:73.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Awards canceled </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (750) </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (13,246) </td> </tr> <tr> <td valign="bottom" style="width:73.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Outstanding end of period </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 926,162 </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 286,934 </td> </tr> </table></div>   The weighted-average grant-date fair value of options granted during the nine months ended September 30, 2019 was $11.84.   Warrants   Associated with our IPO completed on July 21, 2014, we issued Underwriters Warrants (the "Warrants") to purchase up to a total of 201,600 shares of our common stock. The grant date aggregate fair value of the Warrants was $611,000. The Warrants were exercisable, in whole or in part, commencing July 21, 2015 through July 21, 2017. The Warrants were exercisable at $8.125 per share, or 130 percent of the public offering price per share of our common stock in the IPO. On the grant date, we classified the Warrants as equity and incremental direct costs associated with our IPO. Accordingly, the issuance of the Warrants had no impact our financial statements.   The exercise price and number of Warrant shares may be adjusted (1) voluntarily at our discretion, or (2) if we undertake a stock split, stock dividend, recapitalization or reorganization of our common stock into a lesser / greater number of shares, the Warrant exercise price will be proportionately reduced / increased and the number of Warrant shares will be proportionately increased / decreased. The Warrant may only be settled through the issuance of our common stock in exchange for cash.   On July 17, 2017, our Board of Directors approved a modification to the Warrants. This modification extended the expiration date of the Warrants from July 17, 2017 to July 17, 2019 and revised the strike price from $8.125 to $10.05. The fair value of the amended Warrants was $2.42 per share as measured using the Black-Scholes options pricing model.   During the three months ended September 30, 2019, 162,031 warrants were exercised. As of September 30, 2019, no Warrants remained outstanding. <div /></div> </div>

0.43

0.22

0.57

0.22

0.38

0.20

0.52

0.20

<div> <div> 3 — Basic and Diluted Net Income per Share   Basic net income per share is based upon the weighted-average number of common shares outstanding during the period. Diluted net income per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The underwriters’ warrants, stock options and restricted stock units granted by us represent the only dilutive effect reflected in diluted weighted-average shares outstanding. See the Warrants portion of Note 10.   The following table presents the computation of basic and diluted net income per share:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:26.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended September 30, </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:25.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months Ended September 30,  </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:26.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:25.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Net income </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,454,870 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,400,273 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,389,276 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 4,596,437 </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Weighted-average shares outstanding — Basic </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 11,369,404 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 10,824,421 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 11,188,761 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 10,695,601 </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Effect of dilutive securities: </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Underwriters' warrants </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 41,124 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 107,820 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 69,183 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 86,469 </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Stock Options </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 822,128 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,115,986 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 899,311 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,167,050 </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Restricted Stock Units </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 77,292 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 147,643 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 90,847 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 110,574 </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Weighted-average shares outstanding — Diluted </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12,309,948 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12,195,870 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12,248,102 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12,059,694 </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Basic net income per share </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 0.22 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 0.22 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 0.57 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 0.43 </td> </tr> <tr> <td valign="bottom" style="width:44.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Diluted net income per share </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.20 </td> <td valign="bottom" style="width:02.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.20 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.52 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.38 </td> </tr> </table></div>   Stock options and warrants to purchase shares of our common stock and restricted stock units excluded from the calculation of diluted net income per share because the effect would have been anti-dilutive are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:53.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:19.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:22.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months Ended </td> </tr> <tr> <td valign="bottom" style="width:53.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:19.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:22.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> </tr> <tr> <td valign="bottom" style="width:53.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:10.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:10.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:53.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:19.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:22.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> </tr> <tr> <td valign="bottom" style="width:53.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Anti-dilutive stock options and restricted stock units </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 117,584 </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 10,196 </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 14,991 </td> <td valign="bottom" style="width:02.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 39,869 </td> </tr> </table></div>   <div /></div> </div>

-0.064

-0.61

0.045

0.066

1802321

2236649

P3Y9M18D

P3Y1M6D

581768

4138350

3415782

4022373

<div> <div> 8 — Fair Value Measurements   The fair values of cash equivalents, accounts receivables, net and accounts payable approximate their carrying amounts due to their short duration.   The fair value of our assets and liabilities subject to recurring fair value measurements are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:47.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair Value at September 30, 2019 </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Quoted Prices </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Significant </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> in Active </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Significant </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Market for </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Observable </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unobservable </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Identical Assets </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Value </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 1) </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 2) </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 3) </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Corporate bonds: </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> U.S. corporations </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,996,470 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,996,470 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> International corporations </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 930,434 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 930,434 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,926,904 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,926,904 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:47.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair Value at December 31, 2018 </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Quoted Prices </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Significant </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> in Active </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Significant </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Market for </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Observable </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unobservable </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Identical Assets </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Value </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 1) </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 2) </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 3) </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Corporate bonds: </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> U.S. corporations </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,429,336 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,429,336 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> International corporations </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 920,579 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 920,579 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 6,349,915 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 6,349,915 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> </table></div>   Our corporate bonds are valued by a third-party custodian at closing prices from secondary exchanges or pricing vendors on the valuation date.   There were no transfers into or out of any Levels during the nine months ended September 30, 2019 or the year ended December 31, 2018. <div /></div> </div>

449224

516696

22491

88740

89392

89963

1281743

73164

304270

13723

867569

23017

1341655

100050

304270

46749

867569

23017

832519

824959

6563727

2181839

7482790

2609722

16870450

5787939

21552165

7795091

4321393

1490654

6689152

2628905

<div> <div> 11 — Income Taxes   For the three and nine months ended September 30, 2019, we recorded a provision for income tax expense of $174,035 and $299,876, respectively. Our effective tax rate was 6.6 percent and 4.5 percent and differed from the U.S. Federal statutory rate primarily due to discrete items related to tax benefits associated with stock-based compensation and the foreign derived intangible income deduction, partially offset by U.S. state tax expense.   For the three and nine months ended September 30, 2018, we recorded a provision for income tax benefit of $(909,619) and $(275,044), respectively. Our effective tax rate was (61.0) percent and (6.4) percent and differed from the U.S. Federal statutory rate primarily due to discrete items related to tax benefits associated with the exercise and sale of employee options and underwriters' warrants, partially offset by U.S. state tax expense.   As of September 30, 2019 and December 31, 2018, we had not identified or accrued for any uncertain tax positions. We are currently unaware of any uncertain tax positions that could result in significant payments, accruals or other material deviations in this estimate over the next 12 months. We believe that our tax positions comply in all material respects with applicable tax law. However, tax law is subject to interpretation, and interpretations by taxing authorities could be different from ours, which could result in the imposition of additional taxes and penalties.   We file tax returns in the United States Federal jurisdiction and many U.S. state jurisdictions. The Company is subject to income tax examinations for our United States Federal and certain U.S. state income taxes for 2015 and subsequent years and various other U.S. state income taxes for 2014 and subsequent years.   <div /></div> </div>

1291160

12000

-275044

-909619

299876

174035

203918

293810

1466476

2742517

-1293989

261805

166344

537700

272056

-26071

298646

434328

257884

570242

-150

19833

150386

-859

430889

547694

-23221

-48216

86469

107820

69183

41124

1167050

1115986

899311

822128

<div> <div> 6 — Intangible Assets   The following table summarizes the components of intangible asset balances:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Patents — in use </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 304,270 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 304,270 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Patents — in process </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 100,050 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 73,164 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Internally developed software — in use </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 867,569 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 867,569 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Internally developed software — in process </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 46,749 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 13,723 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Trademarks </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 23,017 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 23,017 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,341,655 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,281,743 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Accumulated amortization </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (516,696) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (449,224) </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 824,959 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 832,519 </td> </tr> </table></div>   Amortization expense of intangible assets was $22,491 and $22,491 for the three months ended September 30, 2019 and 2018, respectively, and $67,472 and $66,842 for the nine months ended September 30, 2019 and 2018, respectively.   Expected annual amortization expense for the remaining portion of 2019 and the next five years related to intangible assets is as follows (excludes in process intangible assets):   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:84.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:84.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Three months ending December 31, 2019 </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,491 </td> </tr> <tr> <td valign="bottom" style="width:84.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 89,963 </td> </tr> <tr> <td valign="bottom" style="width:84.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 89,963 </td> </tr> <tr> <td valign="bottom" style="width:84.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2022 </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 89,392 </td> </tr> <tr> <td valign="bottom" style="width:84.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2023 </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 88,740 </td> </tr> <tr> <td valign="bottom" style="width:84.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2024 </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 88,439 </td> </tr> </table></div>   <div /></div> </div>

211843

217169

<div> <div> 4 — Inventory   Inventory consists of:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Raw materials </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,444,132 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,408,158 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Work in process </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 287,274 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 305,562 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Finished goods </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 836,803 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 557,566 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Inventory before allowance for excess and obsolete </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,568,209 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,271,286 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Allowance for excess and obsolete </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (217,169) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (211,843) </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,351,040 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,059,443 </td> </tr> </table></div>   <div /></div> </div>

557566

836803

4271286

4568209

4059443

4351040

3408158

3444132

305562

287274

97901

104407

<div> <div> 7 — Investments   Our investments consist of corporate bonds that we have classified as available-for-sale and are summarized in the following tables:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="10" valign="bottom" style="width:46.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30, 2019 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gross </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gross </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Cost </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gains </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Losses </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Value </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Corporate bonds: </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> U.S. corporations </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,969,503 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 26,967 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,996,470 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> International corporations </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 918,417 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12,017 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 930,434 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,887,920 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 38,984 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,926,904 </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="10" valign="bottom" style="width:46.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2018 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gross </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gross </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Cost </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gains </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Losses </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Value </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Corporate bonds: </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> U.S. corporations </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,487,645 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 58,309 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,429,336 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> International corporations </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 918,417 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,162 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 920,579 </td> </tr> <tr> <td valign="bottom" style="width:50.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 6,406,062 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,162 </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 58,309 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 6,349,915 </td> </tr> </table></div>   Unrealized losses from the above investments for all periods presented are attributable to changes in interest rates. We do not believe any of these unrealized losses represent other-than-temporary impairments based on our evaluation of available evidence as of September 30, 2019. <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Ended </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Ended </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30, 2019 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30, 2019 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cost of revenue </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 46,535 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 139,604 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> General and administrative </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 46,044 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 138,133 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Sales and marketing </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,604 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 7,813 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Research and development </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 7,215 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 21,646 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 102,398 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 307,196 </td> </tr> </table></div>   <div /></div> </div>

true

0.060

true

false

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Three months ending December 31, 2019 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 102,399 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 409,596 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 409,596 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2022 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 409,596 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2023 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 409,596 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Thereafter </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,218,646 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total lease payments </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,959,429 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Imputed interest </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (945,564) </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Present value of lease liability </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,013,865 </td> </tr> </table></div>   <div /></div> </div>

3959429

2218646

409596

102399

945564

<div> <div> 12 — Leases   Lease assets and lease liabilities are recognized at the commencement of an arrangement where it is determined at inception that a lease exists. Lease assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. These assets and liabilities are initially recognized based on the present value of lease payments over the lease term calculated using our incremental borrowing rate, unless the rate implicit in the lease is readily determinable. Lease assets also include any upfront lease payments made and exclude lease incentives. Lease terms include options to extend or terminate leases when it is reasonably certain that those options will be exercised.   Variable lease payments are expensed as incurred and include annual rent adjustments based on the consumer price index. Leases with an initial term of 12 months or less are not recorded on the balance sheet, and the expense for these short-term leases and for operating leases is recognized on a straight-line basis over the lease term.   Lease agreements with lease and nonlease components are combined as a single lease component. The depreciable life of lease assets and leasehold improvements is limited by the expected lease term.   We have only one material lease contract outstanding. In January 2014, we entered into a non-cancelable operating lease, commencing July 1, 2014, for our manufacturing and headquarters facility in Winter Springs, Florida owned by Susi, LLC, an entity controlled by our Chairman of the Board and Chief Technology Officer, Roger Susi. Pursuant to the terms of our lease for this property, the monthly base rent is $34,133, adjusted annually for changes in the consumer price index. Under the terms of the lease, we are responsible for property taxes, insurance and maintenance expenses. Prior to May 31, 2019, the expiration date of the initial lease term, and pursuant to the terms of the lease contract, we renewed the lease for an additional five years, resulting in a new lease expiration date of May 31, 2024. Unless advance written notice of termination is timely provided, the lease will automatically renew for one additional successive term of five years each beginning in 2024, and thereafter, will be renewed for successive terms of one year each. For purposes of Topic 842, we concluded that we will exercise both of the five-year options, resulting in a remaining lease term of 9.7 years as of September 30, 2019. This lease agreement does not contain any residual value guarantee or material restrictive covenants.   Operating lease cost recognized in the Condensed Statements of Operations is as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Ended </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Ended </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30, 2019 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30, 2019 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cost of revenue </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 46,535 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 139,604 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> General and administrative </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 46,044 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 138,133 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Sales and marketing </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,604 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 7,813 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Research and development </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 7,215 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 21,646 </td> </tr> <tr> <td valign="bottom" style="width:60.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 102,398 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 307,196 </td> </tr> </table></div>   Lease costs for short-term leases were immaterial for the three and nine months ended September 30, 2019.   Maturity of Operating Lease Liability as of September 30, 2019 is as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Three months ending December 31, 2019 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 102,399 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 409,596 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 409,596 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2022 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 409,596 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2023 </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 409,596 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Thereafter </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,218,646 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total lease payments </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,959,429 </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Imputed interest </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (945,564) </td> </tr> <tr> <td valign="bottom" style="width:84.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Present value of lease liability </td> <td valign="bottom" style="width:02.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,013,865 </td> </tr> </table></div>   We used a discount rate of 6.0% to determine the present value of the operating lease liability on January 1, 2019.   Undiscounted future minimum lease payments under noncancelable operating leases as of December 31, 2018 as determined prior to the adoption of ASC 842 are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:84.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:84.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 170,664 </td> </tr> <tr> <td valign="bottom" style="width:84.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:84.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:84.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2022 </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:84.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2023 </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:84.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Thereafter </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:84.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total minimum lease payments </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 170,664 </td> </tr> </table></div>   <div /></div> </div>

6496525

10798440

48442258

62571338

4689520

5653346

<div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> United States </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,587,554 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,439,545 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> International </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 385,577 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 430,016 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total property and equipment, net </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,973,131 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,869,561 </td> </tr> </table></div>   <div /></div> </div>

1218151

2060127

441395

2265719

3833642

6283874

4596437

2400273

6389276

2454870

110465

42555

280663

110064

12659522

4339840

15143676

5276250

4210928

1448099

6408489

2518841

307196

139604

138133

21646

7813

102398

46535

46044

7215

2604

3013865

226852

237266

2955872

2776599

355125

320907

3182724

3013865

170664

<div> <div>   1 — Basis of Presentation   The accompanying interim condensed financial statements of IRADIMED CORPORATION (“IRADIMED”, the “Company”, “we”, “our”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally presented in annual financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. The interim financial information is unaudited, but reflects all normal adjustments that are, in the opinion of management, necessary for the fair presentation of our financial position, results of operations and cash flows for the interim periods presented. Operating results for the three and nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019.   These accompanying interim condensed financial statements should be read with the financial statements and related footnotes to financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2018. The accounting policies followed in the preparation of these interim condensed financial statements, except as described in Note 1, are consistent in all material respects with those described in Note 1 of our Form 10-K.   We operate in one reportable segment which is the development, manufacture and sale of MRI compatible medical devices, related accessories, disposables and services for use by hospitals and acute care facilities during MRI procedures.   Close-Out of FDA Warning Letter   As announced on October 8, 2019, we received a close-out letter from the FDA with respect to the FDA warning letter previously received in August 2014. We received this warning letter following a routine inspection of our prior facility between April 7 and April 16, 2014. The close-out letter confirmed that all issues cited in the August 2014 warning letter have been resolved.   CE Mark for Products   On January 16, 2019, we were notified by the U.K. Notified Body, UL International Ltd. (“UL”) that their recent technical file review of our 3880 MRI compatible patient vital signs monitoring system could not be completed as aspects of clinical evaluation reporting, as required by newly issued guidance from the European Union, was not acceptable, resulting in a technical non-conformity. Accordingly, UL issued temporary EC Certificates that include our MRI compatible IV infusion pump system and related IV tubing sets and excludes our 3880 patient vital signs monitoring system. These temporary EC Certificates extended through July 27, 2019. We immediately suspended shipments of our 3880 patient vital signs monitor to all markets requiring a CE Mark.   On July 3, 2019, during the process of addressing the technical non-conformity associated with the review of our 3880 MRI compatible patient vital signs monitoring system, UL notified its customers of their decision to cease operations as a notified body and would continue the process of transferring all customers to the Polish Center for Testing and Certification (Polskie Centrum Badań i Certyfikacji S.A.) (“PCBC”) based in Warsaw, Poland. UL notified us that they transferred our EC Certificates to PCBC and, in August 2019, we received renewed EC Certificates for our MRI compatible IV infusion pump system and related IV tubing sets with an additional 4-year term.   UL’s decision to cease operations as a medical device notified body caused us to seek a new notified body for certification of our 3880 MRI compatible patient vital signs monitoring system. Concurrent to UL’s announcement, we engaged Ente Certificazione Macchine (“ECM”) as our notified body for the 3880 MRI compatible patient vital signs monitoring system. We are actively working through the recertification process with ECM and expect to complete this process and resume shipments into all markets requiring a CE Mark during our fiscal fourth quarter 2019, however, there can be no assurance that these efforts will be successful.   Certain Significant Risks and Uncertainties   We market our products to end users in the United States and to distributors internationally. Sales to end users in the United States are generally made on open credit terms. Management maintains an allowance for potential credit losses.    Recent Accounting Pronouncements   Accounting Pronouncements Implemented in 2019   In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842). This update requires lessees to recognize, on the balance sheet, assets and liabilities for the rights and obligations created by all leases not considered short-term leases. For short-term leases, lessees may elect an accounting policy by class of underlying assets under which right-of-use assets and lease liabilities are not recognized and lease payments are generally recognized as expense over the lease term on a straight-line basis.   We adopted this update on January 1, 2019 and, as part of that process, made the following elections:   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 17.00pt;"> · </td><td style="width:1pt;"></td><td align="left" valign="top"> We elected to use the hindsight practical expedient.</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 17.00pt;"> · </td><td style="width:1pt;"></td><td align="left" valign="top"> We elected the package of practical expedients in transition for leases that commenced prior to January 1, 2019 whereby contracts were not reassessed or reclassified from their previous assessment as of December 31, 2018.</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 17.00pt;"> · </td><td style="width:1pt;"></td><td align="left" valign="top"> In March 2018, the FASB approved an optional transition method that allows companies to use the effective date as the date of initial application on transition. We elected this transition method, and as a result, did not adjust comparative period financial information or make the newly required lease disclosures for periods before the effective date.</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 17.00pt;"> · </td><td style="width:1pt;"></td><td align="left" valign="top"> We elected to make the accounting policy election for short-term leases resulting in lease payments being recorded as an expense on a straight-line basis over the lease term.</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 17.00pt;"> · </td><td style="width:1pt;"></td><td align="left" valign="top"> We elected to not separate lease and nonlease components, for all leases.</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 17.00pt;"> · </td><td style="width:1pt;"></td><td align="left" valign="top"> We did not elect the land easement practical expedient.</td></tr></table></div>   The impact of Topic 842 on our Balance Sheet beginning January 1, 2019 was through the recognition of an operating lease right-of-use asset and operating lease liability. Amounts recognized at January 1, 2109 for operating leases were as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:84.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:84.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> January 1, </td> </tr> <tr> <td valign="bottom" style="width:84.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:84.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Operating lease right-of-use asset </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,182,724 </td> </tr> <tr> <td valign="bottom" style="width:84.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Current portion of operating lease liability </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 226,852 </td> </tr> <tr> <td valign="bottom" style="width:84.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Operating lease liability, less current portion </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,955,872 </td> </tr> </table></div>   There was no impact to our Condensed Statements of Operations, Condensed Statements of Cash Flows or beginning retained earnings related to the adoption of Topic 842.   Recently Issued Accounting Pronouncements to be Implemented   In August 2018, the FASB issued ASU 2018-03, Fair Value Measurement (Topic 820). This update modifies disclosure requirements related to fair value measurements. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. Implementation on a prospective or retrospective basis varies by specific disclosure requirement. Early adoption is permitted. The ASU also allows for early adoption of any removed or modified disclosures upon issuance of this ASU, while delaying adoption of the additional disclosures until their effective date. We do not expect the adoption of this guidance will have a material impact upon our footnote disclosures.   In June 2016, the FASB issued 2016-03, Financial Instruments – Credit Losses (Topic 326). This update requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. In addition, for available-for-sale debt securities, this ASU replaces the other-than-temporary impairment model and requires the recognition of an allowance for reductions in a security’s fair value attributable to declines in credit quality, instead of a direct write-down of the security, when a valuation decline is determined to be other-than-temporary. The ASU requires a cumulative-effect adjustment to retained earnings as of the beginning of the reporting period of adoption. The amendments in this ASU are effective for fiscal years beginning after December 15, 2019 and for interim periods therein. Companies may choose to adopt this ASU as of its fiscal year beginning after December 15, 2018. We did not early adopt this standard. We do not believe this ASU will have a material impact on our financial condition or statements of operations. <div /></div> </div>

109759

207759

-32180

6566

74233

11615

-10714

2299

24756

4429

-15254

22665

71332

5873

-15254

22665

71332

5873

-16926

-16099

2901

5742

6103

5601

-958

-1895

108421

16414

149398

1124512

13484

59912

150609

196369

526787

566375

1367892

1106087

1730000

2522000

74524

77497

4596437

6389276

<div> <div> 5 — Property and Equipment   Property and equipment consist of:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Computer software and hardware </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 562,984 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 555,292 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Furniture and fixtures </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,129,000 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 901,415 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Leasehold improvements </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 217,893 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 202,026 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Machinery and equipment </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,293,304 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,184,015 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Tooling in-process </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 86,141 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 58,263 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,289,322 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,901,011 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Accumulated depreciation </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,316,191) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,031,450) </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,973,131 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,869,561 </td> </tr> </table></div>   Depreciation expense of property and equipment was $122,834 and $121,133 for the three months ended September 30, 2019 and 2018, respectively, and $373,828 and $345,592 for the nine months ended September 30, 2019 and 2018, respectively.   Property and equipment, net, information by geographic region is as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> United States </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,587,554 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,439,545 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> International </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 385,577 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 430,016 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total property and equipment, net </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,973,131 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,869,561 </td> </tr> </table></div>   Long-lived assets held outside of the United States consist principally of tooling and machinery and equipment, which are components of property and equipment, net. <div /></div> </div>

3901011

555292

58263

901415

202026

2184015

4289322

562984

86141

1129000

217893

2293304

1869561

1439545

430016

1973131

1587554

385577

26146

27532

2674691

3172831

-22486

3859

16926

-16099

-2901

5742

1149397

373583

1053409

369526

-16416

-818

-149401

-1186

26669491

33058767

22099591

17808918

4290673

7614655

6099767

1514888

27626488

22916642

4709846

9963299

8281854

1681445

<div> <div> 2 — Revenue Recognition   Disaggregation of Revenue   We disaggregate revenue from contracts with customers by geographic region and revenue type as we believe it best depicts the nature, amount, timing and uncertainty of our revenue and cash flow.   Revenue information by geographic region is as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months Ended </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> United States </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 8,281,854 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,099,767 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,916,642 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 17,808,918 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> International </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,681,445 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,514,888 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,709,846 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,290,673 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total revenue </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 9,963,299 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 7,614,655 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 27,626,488 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,099,591 </td> </tr> </table></div>   Revenue information by type is as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Nine Months Ended </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Devices: </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> MRI Compatible IV Infusion Pump Systems </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,769,252 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,532,670 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 13,512,548 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 10,748,830 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> MRI Compatible Patient Vital Signs Monitoring Systems </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,557,889 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,817,361 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,215,528 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 4,526,735 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total Devices Revenue </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 7,327,141 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,350,031 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 19,728,076 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 15,275,565 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Disposables and Services </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,162,602 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,874,439 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,513,030 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 5,722,573 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Amortization of extended warranty agreements </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 473,556 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 390,185 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,385,382 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,101,453 </td> </tr> <tr> <td valign="bottom" style="width:49.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total revenue </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 9,963,299 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 7,614,655 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 27,626,488 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,099,591 </td> </tr> </table></div>   Contract Liabilities   Our contract liabilities consist of:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Advance payments from customers </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 40,726 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 180,425 </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Shipments in-transit </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 40,195 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 9,582 </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Extended warranty agreements </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 4,022,373 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,415,782 </td> </tr> <tr> <td valign="bottom" style="width:67.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,103,294 </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,605,789 </td> </tr> </table></div>   Changes in the contract liabilities during the periods presented are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:15.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Deferred </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Revenue </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Contract liabilities, December 31, 2018 </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,605,789 </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Increases due to cash received from customers </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,530,978 </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Decreases due to recognition of revenue </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,033,473) </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Contract liabilities, September 30, 2019 </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,103,294 </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:15.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Deferred  </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Revenue </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Contract liabilities, December 31, 2017 </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,621,256 </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Increases due to cash received from customers </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,764,735 </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Decreases due to recognition of revenue </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (1,683,256) </td> </tr> <tr> <td valign="bottom" style="width:81.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Contract liabilities, September 30, 2018 </td> <td valign="bottom" style="width:03.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,702,735 </td> </tr> </table></div>   Capitalized Contract Costs   Our capitalized contract costs consist of:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:64.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30, </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, </td> </tr> <tr> <td valign="bottom" style="width:64.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:64.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:12.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Capitalized contract costs </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 331,633 </td> <td valign="bottom" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 181,248 </td> </tr> </table></div>   Expense for the three and nine months ended September 30, 2019 and 2018 related to the amortization of capitalized contract costs were immaterial to our financial statements. <div /></div> </div>

22099591

7614655

27626488

9963299

3182724

<div> <div>   The components of accumulated other comprehensive loss, net of tax, for the three months ended September 30, 2019 and 2018 are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized (Losses) </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gains on </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Available-For-Sale </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Securities </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance at June 30, 2019 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 23,267 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gains on available-for-sale securities, net </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 11,615 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Reclassification realized in net earnings </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (5,742) </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at September 30, 2019 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 29,140 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at June 30, 2018 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (97,324) </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Gains on available-for-sale securities, net </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 6,566 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Reclassification realized in net earnings </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 16,099 </td> </tr> <tr> <td valign="bottom" style="width:80.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance at September 30, 2018 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (74,659) </td> </tr> </table></div>   The components of accumulated other comprehensive loss, net of tax, for the nine months ended September 30, 2019 and 2018 are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unrealized (Losses)  </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Gains on </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Available-For-Sale </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Securities </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance at December 31, 2018 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (42,192) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gains on available-for-sale securities, net </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 74,233 </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Reclassification realized in net earnings </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,901) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at September 30, 2019 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 29,140 </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at December 31, 2017 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (48,909) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Losses on available-for-sale securities, net </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (32,180) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Reclassification realized in net earnings </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 16,926 </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cumulative effect from adoption of accounting standard update </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (10,496) </td> </tr> <tr> <td valign="bottom" style="width:80.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance at September 30, 2018 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (74,659) </td> </tr> </table></div>   <div /></div> </div>

<div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:47.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair Value at September 30, 2019 </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Quoted Prices </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Significant </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> in Active </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Significant </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Market for </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Observable </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unobservable </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Identical Assets </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Value </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 1) </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 2) </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 3) </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Corporate bonds: </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> U.S. corporations </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,996,470 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,996,470 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> International corporations </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 930,434 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 930,434 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,926,904 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,926,904 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:47.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair Value at December 31, 2018 </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Quoted Prices </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Significant </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> in Active </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Significant </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Market for </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Observable </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unobservable </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Fair </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Identical Assets </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Value </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 1) </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 2) </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Level 3) </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Corporate bonds: </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> U.S. corporations </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,429,336 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 5,429,336 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> International corporations </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 920,579 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 920,579 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:50.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 6,349,915 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 6,349,915 </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Patents — in use </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 304,270 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 304,270 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Patents — in process </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 100,050 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 73,164 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Internally developed software — in use </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 867,569 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 867,569 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Internally developed software — in process </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 46,749 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 13,723 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Trademarks </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 23,017 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 23,017 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,341,655 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,281,743 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Accumulated amortization </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (516,696) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (449,224) </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 824,959 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 832,519 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> September 30,  </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31,  </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2018 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (unaudited) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Raw materials </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,444,132 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 3,408,158 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Work in process </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 287,274 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 305,562 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Finished goods </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 836,803 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 557,566 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Inventory before allowance for excess and obsolete </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,568,209 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,271,286 </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Allowance for excess and obsolete </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (217,169) </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (211,843) </td> </tr> <tr> <td valign="bottom" style="width:65.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,351,040 </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,059,443 </td> </tr> </table></div>   <div /></div> </div>

4946398

1784418

6607477

2297002

1361964

1306430

13246

106823

226501

286934

33144

750

50000

11.84

1129463

926162

-48909

12623181

1060

20355545

-97324

13701066

1067

22562205

40092175

-74659

15203263

1093

24962478

41945733

-42192

15317335

1099

26669491

23267

16520138

1120

30603897

51772898

29140

18683848

1143

33058767

252551

6406062

5487645

918417

3887920

2969503

918417

611000

12059694

12195870

12248102

12309948

10695601

10824421

11188761

11369404

EX-101.SCH 6 irmd-20190930.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 00100 - Statement - CONDENSED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 00200 - Statement - CONDENSED STATEMENTS OF OPERATIONS link:presentationLink link:calculationLink link:definitionLink 00300 - Statement - CONDENSED STATEMENTS OF COMPREHENSIVE INCOME link:presentationLink link:calculationLink link:definitionLink 00500 - Statement - CONDENSED STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 40202 - Disclosure - Revenue Recognition - Information by Type (Details) link:presentationLink link:calculationLink link:definitionLink 40203 - Disclosure - Revenue Recognition - Contract Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 40301 - Disclosure - Basic and Diluted Net Income per Share (Details) link:presentationLink link:calculationLink link:definitionLink 40401 - Disclosure - Inventory (Details) link:presentationLink link:calculationLink link:definitionLink 40501 - Disclosure - Property and Equipment (Details) link:presentationLink link:calculationLink link:definitionLink 40601 - Disclosure - Intangible Assets (Details) link:presentationLink link:calculationLink link:definitionLink 41203 - Disclosure - Leases - Maturity of Lease Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 41203 - Disclosure - Leases - Maturity of lease liabilities (Details) Calc 2 link:presentationLink link:calculationLink link:definitionLink 41204 - Disclosure - Leases - Future Minimum Lease Payments (Details) link:presentationLink link:calculationLink link:definitionLink 00090 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00105 - Statement - CONDENSED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00305 - Statement - CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00400 - Statement - CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY link:presentationLink link:calculationLink link:definitionLink 10101 - Disclosure - Basis of Presentation link:presentationLink link:calculationLink link:definitionLink 10301 - Disclosure - Basic and Diluted Net Income per Share link:presentationLink link:calculationLink link:definitionLink 10401 - Disclosure - Inventory link:presentationLink link:calculationLink link:definitionLink 10501 - Disclosure - Property and Equipment link:presentationLink link:calculationLink link:definitionLink 10601 - Disclosure - Intangible Assets link:presentationLink link:calculationLink link:definitionLink 10701 - Disclosure - Investments link:presentationLink link:calculationLink link:definitionLink 10801 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 10901 - Disclosure - Accumulated Other Comprehensive Income (Loss) link:presentationLink link:calculationLink link:definitionLink 11001 - Disclosure - Stock-Based Compensation link:presentationLink link:calculationLink link:definitionLink 11101 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 11301 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 20102 - Disclosure - Basis of Presentation (Policies) link:presentationLink link:calculationLink link:definitionLink 30303 - Disclosure - Basic and Diluted Net Income per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 30403 - Disclosure - Inventory (Tables) link:presentationLink link:calculationLink link:definitionLink 30503 - Disclosure - Property and Equipment (Tables) link:presentationLink link:calculationLink link:definitionLink 30603 - Disclosure - Intangible Assets (Tables) link:presentationLink link:calculationLink link:definitionLink 30703 - Disclosure - Investments (Tables) link:presentationLink link:calculationLink link:definitionLink 30803 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:calculationLink link:definitionLink 30903 - Disclosure - Accumulated Other Comprehensive Income (Loss) (Tables) link:presentationLink link:calculationLink link:definitionLink 31003 - Disclosure - Stock-Based Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 40102 - Disclosure - Basis of Presentation - Recent Accounting Pronouncements (Details) link:presentationLink link:calculationLink link:definitionLink 40201 - Disclosure - Revenue Recognition - Information by Geographic Region (Details) link:presentationLink link:calculationLink link:definitionLink 40204 - Disclosure - Revenue Recognition - Capitalized Contract Costs (Details) link:presentationLink link:calculationLink link:definitionLink 40502 - Disclosure - Property and Equipment - Geographic information (Details) link:presentationLink link:calculationLink link:definitionLink 40701 - Disclosure - Investments (Details) link:presentationLink link:calculationLink link:definitionLink 40801 - Disclosure - Fair Value Measurements (Details) link:presentationLink link:calculationLink link:definitionLink 40901 - Disclosure - Accumulated Other Comprehensive Income (Loss) (Details) link:presentationLink link:calculationLink link:definitionLink 41001 - Disclosure - Stock-Based Compensation (Details) link:presentationLink link:calculationLink link:definitionLink 41002 - Disclosure - Stock-Based Compensation - Stock Options and Restricted Stock Units Activity (Details) link:presentationLink link:calculationLink link:definitionLink 41003 - Disclosure - Stock-Based Compensation - Warrants (Details) link:presentationLink link:calculationLink link:definitionLink 41101 - Disclosure - Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 41201 - Disclosure - Leases (Details) link:presentationLink link:calculationLink link:definitionLink 41202 - Disclosure - Leases - Operating Lease Cost (Details) link:presentationLink link:calculationLink link:definitionLink 41301 - Disclosure - Commitments and Contingencies (Details) link:presentationLink link:calculationLink link:definitionLink 10201 - Disclosure - Revenue Recognition link:presentationLink link:calculationLink link:definitionLink 11201 - Disclosure - Leases link:presentationLink link:calculationLink link:definitionLink 30103 - Disclosure - Basis of Presentation (Tables) link:presentationLink link:calculationLink link:definitionLink 30203 - Disclosure - Revenue Recognition (Tables) link:presentationLink link:calculationLink link:definitionLink 31203 - Disclosure - Leases (Tables) link:presentationLink link:calculationLink link:definitionLink 40101 - Disclosure - Basis of Presentation (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 irmd-20190930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 8 irmd-20190930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 9 irmd-20190930_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT Document and Entity Information Statement [Table] Statement [Line Items] Statement Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Entity Current Reporting Status Entity Filer Category Entity Common Stock, Shares Outstanding Entity Small Business Entity Emerging Growth Company Entity Ex Transition Period Entity Shell Company Document Fiscal Year Focus Document Fiscal Period Focus CONDENSED BALANCE SHEETS Assets [Abstract] ASSETS Assets, Current [Abstract] Current assets: Cash and Cash Equivalents, at Carrying Value Cash and cash equivalents Accounts Receivable, Net, Current Accounts receivable, net of allowance for doubtful accounts of $67,837 as of September 30, 2019 and $42,443 as of December 31, 2018 Debt Securities, Current Investments Inventory, Net Inventory, net Total Prepaid Expense and Other Assets, Current Prepaid expenses and other current assets Prepaid Taxes Prepaid income taxes Assets, Current Total current assets Property, Plant and Equipment, Net Property and equipment, net Total Finite-Lived Intangible Assets, Net Intangible assets, net Total Operating Lease, Right-of-Use Asset Operating lease right-of-use asset Deferred Tax Assets, Net of Valuation Allowance, Noncurrent Deferred income taxes, net Other Assets, Noncurrent Other assets Assets Total assets Liabilities and Equity [Abstract] LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities, Current [Abstract] Current liabilities: Accounts Payable, Current Accounts payable Employee-related Liabilities, Current Accrued payroll and benefits Accrual for Taxes Other than Income Taxes, Current Other accrued taxes Product Warranty Accrual, Current Warranty reserve Contract with Customer, Liability, Current Deferred revenue Operating Lease, Liability, Current Current portion of operating lease liability Other Liabilities, Current Other current liability Liabilities, Current Total current liabilities Contract with Customer, Liability, Noncurrent Deferred revenue Operating Lease, Liability, Noncurrent Operating lease liability, less current portion Liabilities Total liabilities Stockholders' Equity Attributable to Parent [Abstract] Stockholders' equity: Common Stock, Value, Issued Common stock; $0.0001 par value; 31,500,000 shares authorized; 11,431,467 shares issued and outstanding as of September 30, 2019 and 10,989,111 shares issued and outstanding as of December 31, 2018 Additional Paid in Capital Additional paid-in capital Retained Earnings (Accumulated Deficit) Retained earnings Accumulated Other Comprehensive Income (Loss), Net of Tax Balance at the end Balance at the beginning Accumulated other comprehensive income (loss) Stockholders' Equity Attributable to Parent Balances Balances Total stockholders' equity Liabilities and Equity Total liabilities and stockholders' equity Allowance for Doubtful Accounts Receivable, Current Accounts receivable, allowance for doubtful accounts Common Stock, Par or Stated Value Per Share Common stock, par value (in dollars per share) Common Stock, Shares Authorized Common stock, shares authorized Common Stock, Shares, Issued Common stock, shares issued Common Stock, Shares, Outstanding Common stock, shares outstanding CONDENSED STATEMENTS OF OPERATIONS Revenues Revenue Cost of Revenue. Cost of revenue Gross Profit Gross profit Operating Expenses [Abstract] Operating expenses: General and Administrative Expense General and administrative Selling and Marketing Expense Sales and marketing Research and Development Expense Research and development Operating Expenses Total operating expenses Operating Income (Loss) Income from operations Nonoperating Income (Expense) Other income, net Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest Income before provision for income taxes Income Tax Expense (Benefit) Provision for income tax (benefit) expense Provision for income tax expense (benefit) Net Income (Loss) Attributable to Parent Net income Net income Earnings Per Share, Basic [Abstract] Net income per share: Earnings Per Share, Basic Basic net income per share (in dollars per share) Basic (in dollars per share) Earnings Per Share, Diluted Diluted net income per share (in dollars per share) Diluted (in dollars per share) Weighted Average Number of Shares Outstanding, Diluted [Abstract] Weighted average shares outstanding: Weighted Average Number of Shares Outstanding, Basic Weighted-average shares outstanding - Basic (in shares) Basic (in shares) Weighted Average Number of Shares Outstanding, Diluted Weighted-average shares outstanding - Diluted (in shares) Diluted (in shares) CONDENSED STATEMENTS OF COMPREHENSIVE INCOME Accumulated Other Comprehensive Income (Loss) Other comprehensive income (loss): Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent Change in fair value of available-for-sale securities, net of tax expense (benefit) of $4,429 and $2,299 for the three months ended September 30, 2019 and 2018, respectively, and $24,756 and $(10,714) for the nine months ended September 30, 2019 and 2018, respectively Gains (Losses) on available-for-sale securities, net Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax Realized (gain) loss on available-for-sale securities reclassified to net income, net of tax expense (benefit) of $1,895 and $(5,601) for the three months ended September 30, 2019 and 2018, respectively, and $958 and $(6,103) for the nine months ended September 30, 2019 and 2018, respectively Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent Other comprehensive income (loss) Comprehensive Income (Loss), Net of Tax, Attributable to Parent Comprehensive income Other Comprehensive Income (Loss), Available-for-sale Securities, Tax, Portion Attributable to Parent Change in fair value of available-for-sale securities, net of tax expense (benefit) Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax Realized (gain) loss on available-for-sale securities reclassified to net income, net of tax expense (benefit) CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY Increase (Decrease) in Stockholders' Equity Other Comprehensive Income (Loss), Net of Tax Other comprehensive income (loss) Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition Stock compensation expense Restricted Stock, Value, Shares Issued Net of Tax Withholdings Net share settlement of restricted stock units Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period Awards exercised/vested (in shares) Exercise of stock options (in shares) Value of stock issued as a result of the exercise of stock options and warrants. Stock Issued During Period, Value, Stock Options And Warrants Exercised Exercise of stock options and warrants Amount after tax of cumulative effect adjustment on equity or net assets for prospective application of a new accounting principle. Cumulative Effect Of Prospective Application Of New Accounting Principle, Net Of Tax Cumulative effect from adoption of accounting standard update CONDENSED STATEMENTS OF CASH FLOWS Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract] Operating activities: Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Net income Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net income to net cash provided by operating activities: Provision for Doubtful Accounts Change in allowance for doubtful accounts Inventory Write-down Change in provision for excess and obsolete inventory Depreciation, Depletion and Amortization Depreciation and amortization Share-based Compensation Stock-based compensation Increase (Decrease) in Deferred Income Taxes Deferred income taxes, net Realized Investment Gains (Losses) (Gain) loss on maturities of investments Increase (Decrease) in Operating Capital [Abstract] Changes in operating assets and liabilities: Increase (Decrease) in Accounts Receivable Accounts receivable Increase (Decrease) in Inventories Inventory Increase (Decrease) in Prepaid Expense and Other Assets Prepaid expenses and other current assets Increase (Decrease) in Other Operating Assets Other assets Increase (Decrease) in Accounts Payable Accounts payable Increase (Decrease) in Employee Related Liabilities Accrued payroll and benefits Increase (Decrease) in Property and Other Taxes Payable Other accrued taxes Represents the increase (decrease) during the period in the carrying amount (including both current and noncurrent portions of the accrual) of the liability pertaining to warranty reserve. Increase Decrease in Warranty Reserve Warranty reserve Increase (Decrease) in Contract with Customer, Liability Deferred revenue Increase (Decrease) in Other Current Liabilities Other current liability Increase (Decrease) in Income Taxes Payable Prepaid income taxes, net of accrued income taxes Increase (Decrease) in Other Operating Assets and Liabilities, Net Other Net Cash Provided by (Used in) Operating Activities, Continuing Operations Net cash provided by operating activities Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract] Investing activities: Payments to Acquire Investments Purchases of investments Proceeds from Sale, Maturity and Collection of Investments Proceeds from maturity of investments Payments to Acquire Property, Plant, and Equipment Purchases of property and equipment Payments to Acquire Other Productive Assets Capitalized intangible assets Net Cash Provided by (Used in) Investing Activities Net cash provided by investing activities Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract] Financing activities: The cash inflow associated with the amount received from holders exercising their stock options or from issuance of rights to purchase common shares at predetermined price (usually issued together with corporate debt). Proceeds from Issuance of Stock Option and Warrants exercised Proceeds from exercises of stock options and warrants Payments Related to Tax Withholding for Share-based Compensation Taxes paid related to the net share settlement of equity awards Net Cash Provided by (Used in) Financing Activities, Continuing Operations Net cash provided by financing activities Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Net increase in cash and cash equivalents Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash and cash equivalents, end of period Cash and cash equivalents, beginning of period Supplemental Cash Flow Information [Abstract] Supplemental disclosure of cash flow information: Income Taxes Paid, Net Cash paid for income taxes Right-of-Use Asset Obtained in Exchange for Operating Lease Liability Right-of-use asset recognized in exchange for new lease obligation Operating Lease, Payments Operating and short-term lease payments recorded within cash flow from operating activities Basis of Presentation Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] Basis of Presentation Revenue Recognition Revenue from Contract with Customer [Text Block] Revenue Recognition Basic and Diluted Net Income per Share Earnings Per Share [Text Block] Basic and Diluted Net Income per Share Inventory Inventory Disclosure [Text Block] Inventory Property and Equipment Property, Plant and Equipment Disclosure [Text Block] Property and Equipment Intangible Assets Intangible Assets Disclosure [Text Block] Intangible Assets Investments Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] Investments Fair Value Measurements Fair Value Disclosures [Text Block] Fair Value Measurements Comprehensive Income (Loss) Note [Text Block] Accumulated Other Comprehensive Income (Loss) Stock-Based Compensation Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Stock-Based Compensation Income Taxes Income Tax Disclosure [Text Block] Income Taxes Leases Lessee, Operating Leases [Text Block] Leases Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Commitments and Contingencies FDA matters policy text block FDA Matters [Policy Text Block] FDA Warning Letter CE Mark for 3880 Patient Vital Signs Monitoring System policy text block. CE Mark for 3880 Patient Vital Signs Monitoring System [Policy Text Block] CE Mark for Products Concentration Risk, Credit Risk, Policy [Policy Text Block] Certain Significant Risks and Uncertainties New Accounting Pronouncements, Policy [Policy Text Block] Recent Accounting Pronouncements Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] Schedule of new accounting pronouncements and changes in accounting principles Disaggregation of Revenue [Table Text Block] Schedule of disaggregation of revenue by geographic region and type Contract with Customer, Asset and Liability [Table Text Block] Schedule of deferred revenue and changes in the contract liabilities Capitalized Contract Cost [Table Text Block] Schedule of capitalized contract costs Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Schedule of computation of basic and diluted net income per share Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] Schedule of stock options and warrants to purchase shares of our commons stock and restricted stock units excluded from the calculation of diluted net income per share Schedule of Inventory, Current [Table Text Block] Schedule of inventory Property, Plant and Equipment [Table Text Block] Schedule of property and equipment Long-lived Assets by Geographic Areas [Table Text Block] Schedule of property and equipment, net, information by geographic region Schedule of Finite-Lived Intangible Assets [Table Text Block] Summary of the components of intangible asset balances Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] Schedule of expected annual amortization expense related to intangible assets (excludes in process intangible assets) Debt Securities, Available-for-sale [Table Text Block] Summary of available-for-sale securities Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] Schedule of the fair value of assets and liabilities subject to recurring fair value measurements Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] Schedule of components of accumulated other comprehensive loss, net of tax Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] Schedule of stock-based compensation Schedule of Share-based Compensation, Activity [Table Text Block] Summary of stock options and restricted stock units activity Lease, Cost [Table Text Block] Schedule of lease cost Lessee, Operating Lease, Liability, Maturity [Table Text Block] Schedule of maturity of lease liabilities Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] Schedule of future minimum operating lease payments Number of Reportable Segments Number of reportable segment New Accounting Pronouncements or Change in Accounting Principle [Table] New Accounting Pronouncements or Change in Accounting Principle [Line Items] Lease, Practical Expedient, Use of Hindsight [true false] Lease, practical expedient, use of hindsight Lease, Practical Expedients, Package [true false] Lease, practical expedients, package Disaggregation of Revenue [Table] Contract Liabilities Disaggregation of Revenue Contract Liabilities Revenue from Contract with Customer, Excluding Assessed Tax Total revenue Total revenue Amount of revenue excluding tax, earned from contracts with customers before other income. Revenue from Contract with Customer Before Other Income, Excluding Assessed Tax Total Devices Revenue Amount of revenue earned from disposables and services. Revenue from Disposables and Services Disposables and Services EX-101.PRE 10 irmd-20190930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 11 R41.htm IDEA: XBRL DOCUMENT

Inventory (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Inventory
Raw materials	$ 3,444,132	$ 3,408,158
Work in process	287,274	305,562
Finished goods	836,803	557,566
Inventory before allowance for excess and obsolete	4,568,209	4,271,286
Allowance for excess and obsolete	(217,169)	(211,843)
Total	$ 4,351,040	$ 4,059,443

XML 12 R45.htm IDEA: XBRL DOCUMENT

Investments (Details) - USD ($)	9 Months Ended	12 Months Ended
Investments (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Investments
Cost	$ 3,887,920	$ 6,406,062
Gross Unrealized Gains	38,984	2,162
Gross Unrealized Losses		58,309
Fair Value	3,926,904	6,349,915
U.S. corporations
Investments
Cost	2,969,503	5,487,645
Gross Unrealized Gains	26,967
Gross Unrealized Losses		58,309
Fair Value	2,996,470	5,429,336
International corporations
Investments
Cost	918,417	918,417
Gross Unrealized Gains	12,017	2,162
Fair Value	$ 930,434	$ 920,579

XML 13 R49.htm IDEA: XBRL DOCUMENT

Stock-Based Compensation - Stock Options and Restricted Stock Units Activity (Details)	9 Months Ended
	Sep. 30, 2019 USD ($) $ / shares shares
Restricted Stock Units
Weighted-average grant-date fair value of options granted (in dollars per share) \| $ / shares	$ 11.84
Stock Options
Stock-Based Compensation
Total unrecognized compensation expense \| $	$ 581,768
Weighted-average period expected to be recognized	3 years 9 months 18 days
Stock Options
Outstanding beginning of period (in shares)	1,129,463
Awards granted (in shares)	50,000
Awards exercised/vested (in shares)	(252,551)
Awards cancelled (in shares)	(750)
Outstanding end of period (in shares)	926,162
Restricted Stock Units
Stock-Based Compensation
Total unrecognized compensation expense \| $	$ 4,138,350
Weighted-average period expected to be recognized	3 years 1 month 6 days
Restricted Stock Units
Outstanding beginning of period (in shares)	226,501
Awards granted (in shares)	106,823
Awards exercised/vested (in shares)	(33,144)
Awards cancelled (in shares)	(13,246)
Outstanding end of period (in shares)	286,934

XML 14 R28.htm IDEA: XBRL DOCUMENT

Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Intangible Assets

Summary of the components of intangible asset balances


	September 30,		December 31,
	2019		2018
	(unaudited)
Patents — in use	$	304,270	$	304,270
Patents — in process		100,050		73,164
Internally developed software — in use		867,569		867,569
Internally developed software — in process		46,749		13,723
Trademarks		23,017		23,017
		1,341,655		1,281,743
Accumulated amortization		(516,696)		(449,224)
Total	$	824,959	$	832,519

Schedule of expected annual amortization expense related to intangible assets (excludes in process intangible assets)


Three months ending December 31, 2019	$	22,491
2020		89,963
2021		89,963
2022		89,392
2023		88,740
2024		88,439

XML 15 R24.htm IDEA: XBRL DOCUMENT

Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2019

Revenue Recognition

Schedule of disaggregation of revenue by geographic region and type

Revenue information by geographic region is as follows:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
	(unaudited)				(unaudited)
United States	$	8,281,854	$	6,099,767	$	22,916,642	$	17,808,918
International		1,681,445		1,514,888		4,709,846		4,290,673
Total revenue	$	9,963,299	$	7,614,655	$	27,626,488	$	22,099,591

Revenue information by type is as follows:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
	(unaudited)				(unaudited)
Devices:
MRI Compatible IV Infusion Pump Systems	$	4,769,252	$	3,532,670	$	13,512,548	$	10,748,830
MRI Compatible Patient Vital Signs Monitoring Systems		2,557,889		1,817,361		6,215,528		4,526,735
Total Devices Revenue		7,327,141		5,350,031		19,728,076		15,275,565
Disposables and Services		2,162,602		1,874,439		6,513,030		5,722,573
Amortization of extended warranty agreements		473,556		390,185		1,385,382		1,101,453
Total revenue	$	9,963,299	$	7,614,655	$	27,626,488	$	22,099,591

Schedule of deferred revenue and changes in the contract liabilities

Our contract liabilities consist of:


	September 30,		December 31,
	2019		2018
	(unaudited)
Advance payments from customers	$	40,726	$	180,425
Shipments in-transit		40,195		9,582
Extended warranty agreements		4,022,373		3,415,782
Total	$	4,103,294	$	3,605,789

Changes in the contract liabilities during the periods presented are as follows:


	Deferred
	Revenue
Contract liabilities, December 31, 2018	$	3,605,789
Increases due to cash received from customers		2,530,978
Decreases due to recognition of revenue		(2,033,473)
Contract liabilities, September 30, 2019	$	4,103,294


	Deferred
	Revenue
Contract liabilities, December 31, 2017	$	3,621,256
Increases due to cash received from customers		1,764,735
Decreases due to recognition of revenue		(1,683,256)
Contract liabilities, September 30, 2018	$	3,702,735

Schedule of capitalized contract costs

XML 16 R20.htm IDEA: XBRL DOCUMENT

Leases

9 Months Ended

Sep. 30, 2019

Leases

Leases

12 — Leases

Lease agreements with lease and nonlease components are combined as a single lease component. The depreciable life of lease assets and leasehold improvements is limited by the expected lease term.

Operating lease cost recognized in the Condensed Statements of Operations is as follows:


	Three Months		Nine Months
	Ended		Ended
	September 30, 2019		September 30, 2019
Cost of revenue	$	46,535	$	139,604
General and administrative		46,044		138,133
Sales and marketing		2,604		7,813
Research and development		7,215		21,646
Total	$	102,398	$	307,196

Lease costs for short-term leases were immaterial for the three and nine months ended September 30, 2019.

Maturity of Operating Lease Liability as of September 30, 2019 is as follows:


Three months ending December 31, 2019	$	102,399
2020		409,596
2021		409,596
2022		409,596
2023		409,596
Thereafter		2,218,646
Total lease payments		3,959,429
Imputed interest		(945,564)
Present value of lease liability	$	3,013,865

We used a discount rate of 6.0% to determine the present value of the operating lease liability on January 1, 2019.

Undiscounted future minimum lease payments under noncancelable operating leases as of December 31, 2018 as determined prior to the adoption of ASC 842 are as follows:


2019	$	170,664
2020		—
2021		—
2022		—
2023		—
Thereafter		—
Total minimum lease payments	$	170,664

XML 17 R16.htm IDEA: XBRL DOCUMENT

Fair Value Measurements

9 Months Ended

Sep. 30, 2019

Fair Value Measurements

Fair Value Measurements

8 — Fair Value Measurements

The fair values of cash equivalents, accounts receivables, net and accounts payable approximate their carrying amounts due to their short duration.

The fair value of our assets and liabilities subject to recurring fair value measurements are as follows:


	Fair Value at September 30, 2019
			Quoted Prices		Significant
			in Active		Other		Significant
			Market for		Observable		Unobservable
	Fair		Identical Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
Corporate bonds:
U.S. corporations	$	2,996,470	$	—	$	2,996,470	$	—
International corporations		930,434		—		930,434		—
Total	$	3,926,904	$	—	$	3,926,904	$	—


	Fair Value at December 31, 2018
			Quoted Prices		Significant
			in Active		Other		Significant
			Market for		Observable		Unobservable
	Fair		Identical Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
Corporate bonds:
U.S. corporations	$	5,429,336	$	—	$	5,429,336	$	—
International corporations		920,579		—		920,579		—
Total	$	6,349,915	$	—	$	6,349,915	$	—

Our corporate bonds are valued by a third-party custodian at closing prices from secondary exchanges or pricing vendors on the valuation date.

There were no transfers into or out of any Levels during the nine months ended September 30, 2019 or the year ended December 31, 2018.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

XML 18 R12.htm IDEA: XBRL DOCUMENT

Inventory

9 Months Ended

Sep. 30, 2019

Inventory

Inventory

4 — Inventory

Inventory consists of:


	September 30,		December 31,
	2019		2018
	(unaudited)
Raw materials	$	3,444,132	$	3,408,158
Work in process		287,274		305,562
Finished goods		836,803		557,566
Inventory before allowance for excess and obsolete		4,568,209		4,271,286
Allowance for excess and obsolete		(217,169)		(211,843)
Total	$	4,351,040	$	4,059,443

XML 19 R31.htm IDEA: XBRL DOCUMENT

Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2019

Accumulated Other Comprehensive Income (Loss)

Schedule of components of accumulated other comprehensive loss, net of tax

The components of accumulated other comprehensive loss, net of tax, for the three months ended September 30, 2019 and 2018 are as follows:


	Unrealized (Losses)
	Gains on
	Available-For-Sale
	Securities
Balance at June 30, 2019	$	23,267
Gains on available-for-sale securities, net		11,615
Reclassification realized in net earnings		(5,742)
Balance at September 30, 2019	$	29,140

Balance at June 30, 2018	$	(97,324)
Gains on available-for-sale securities, net		6,566
Reclassification realized in net earnings		16,099
Balance at September 30, 2018	$	(74,659)

The components of accumulated other comprehensive loss, net of tax, for the nine months ended September 30, 2019 and 2018 are as follows:


	Unrealized (Losses)
	Gains on
	Available-For-Sale
	Securities
Balance at December 31, 2018	$	(42,192)
Gains on available-for-sale securities, net		74,233
Reclassification realized in net earnings		(2,901)
Balance at September 30, 2019	$	29,140

Balance at December 31, 2017	$	(48,909)
Losses on available-for-sale securities, net		(32,180)
Reclassification realized in net earnings		16,926
Cumulative effect from adoption of accounting standard update		(10,496)
Balance at September 30, 2018	$	(74,659)

XML 20 R35.htm IDEA: XBRL DOCUMENT

Basis of Presentation - Recent Accounting Pronouncements (Details) - USD ($)	Jan. 01, 2019	Sep. 30, 2019
Leases
Lease, practical expedient, use of hindsight	true
Lease, practical expedients, package	true
Operating lease right-of-use asset		$ 3,013,865
Current portion of operating lease liability		237,266
Operating lease liability, less current portion		$ 2,776,599
ASU 2016-02
Leases
Operating lease right-of-use asset	$ 3,182,724
Current portion of operating lease liability	226,852
Operating lease liability, less current portion	$ 2,955,872

XML 21 R2.htm IDEA: XBRL DOCUMENT

CONDENSED BALANCE SHEETS - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 38,637,408	$ 28,027,688
Accounts receivable, net of allowance for doubtful accounts of $67,837 as of September 30, 2019 and $42,443 as of December 31, 2018	6,924,977	4,209,992
Investments	3,926,904	6,349,915
Inventory, net	4,351,040	4,059,443
Prepaid expenses and other current assets	566,375	526,787
Prepaid income taxes	1,106,087	1,367,892
Total current assets	55,512,791	44,541,717
Property and equipment, net	1,973,131	1,869,561
Intangible assets, net	824,959	832,519
Operating lease right-of-use asset	3,013,865
Deferred income taxes, net	1,038,833	1,088,702
Other assets	207,759	109,759
Total assets	62,571,338	48,442,258
Current liabilities:
Accounts payable	1,173,930	772,470
Accrued payroll and benefits	2,236,649	1,802,321
Other accrued taxes	84,784	133,000
Warranty reserve	77,497	74,524
Deferred revenue	1,734,799	1,798,784
Current portion of operating lease liability	237,266
Other current liability	108,421	108,421
Total current liabilities	5,653,346	4,689,520
Deferred revenue	2,368,495	1,807,005
Operating lease liability, less current portion	2,776,599
Total liabilities	10,798,440	6,496,525
Stockholders' equity:
Common stock; $0.0001 par value; 31,500,000 shares authorized; 11,431,467 shares issued and outstanding as of September 30, 2019 and 10,989,111 shares issued and outstanding as of December 31, 2018	1,143	1,099
Additional paid-in capital	18,683,848	15,317,335
Retained earnings	33,058,767	26,669,491
Accumulated other comprehensive income (loss)	29,140	(42,192)
Total stockholders' equity	51,772,898	41,945,733
Total liabilities and stockholders' equity	$ 62,571,338	$ 48,442,258

XML 22 R39.htm IDEA: XBRL DOCUMENT

Revenue Recognition - Capitalized Contract Costs (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Revenue Recognition
Capitalized contract costs	$ 331,633	$ 181,248

XML 23 R6.htm IDEA: XBRL DOCUMENT

CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
Change in fair value of available-for-sale securities, net of tax expense (benefit)	$ 4,429	$ 2,299	$ 24,756	$ (10,714)
Realized (gain) loss on available-for-sale securities reclassified to net income, net of tax expense (benefit)	$ 1,895	$ (5,601)	$ 958	$ (6,103)

XML 24 R54.htm IDEA: XBRL DOCUMENT

Leases - Maturity of Lease Liabilities (Details) - USD ($)	Sep. 30, 2019	Jan. 01, 2019
Operating leases
Three months ending December 31, 2019	$ 102,399
2020	409,596
2021	409,596
2022	409,596
2023	409,596
Thereafter	2,218,646
Total lease payments	3,959,429
Imputed interest	(945,564)
Present value of lease liability	$ 3,013,865
Discount rate		6.00%

XML 25 R50.htm IDEA: XBRL DOCUMENT

Stock-Based Compensation - Warrants (Details) - IPO - Warrants - USD ($)	3 Months Ended
	Sep. 30, 2019	Jul. 17, 2017	Jul. 16, 2017	Jul. 21, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants up to the number of shares, underwriters can be purchase	0			201,600
Fair value of warrants				$ 611,000
Exercise price of IPO warrants (in dollars per share)		$ 2.42		$ 8.125
Exercise price expressed as a percent of original issue price				130.00%
Strike price (in dollars per share)		$ 10.05	$ 8.125
Warrants exercised	$ 162,031

XML 26 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3 html 145 300 1 false 33 0 false 5 false false R1.htm 00090 - Document - Document and Entity Information Sheet http://www.iradimed.com/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00100 - Statement - CONDENSED BALANCE SHEETS Sheet http://www.iradimed.com/role/StatementCondensedBalanceSheets CONDENSED BALANCE SHEETS Statements 2 false false R3.htm 00105 - Statement - CONDENSED BALANCE SHEETS (Parenthetical) Sheet http://www.iradimed.com/role/StatementCondensedBalanceSheetsParenthetical CONDENSED BALANCE SHEETS (Parenthetical) Statements 3 false false R4.htm 00200 - Statement - CONDENSED STATEMENTS OF OPERATIONS Sheet http://www.iradimed.com/role/StatementCondensedStatementsOfOperations CONDENSED STATEMENTS OF OPERATIONS Statements 4 false false R5.htm 00300 - Statement - CONDENSED STATEMENTS OF COMPREHENSIVE INCOME Sheet http://www.iradimed.com/role/StatementCondensedStatementsOfComprehensiveIncome CONDENSED STATEMENTS OF COMPREHENSIVE INCOME Statements 5 false false R6.htm 00305 - Statement - CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) Sheet http://www.iradimed.com/role/StatementCondensedStatementsOfComprehensiveIncomeParenthetical CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) Statements 6 false false R7.htm 00400 - Statement - CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY Sheet http://www.iradimed.com/role/StatementCondensedStatementsOfStockholdersEquity CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY Statements 7 false false R8.htm 00500 - Statement - CONDENSED STATEMENTS OF CASH FLOWS Sheet http://www.iradimed.com/role/StatementCondensedStatementsOfCashFlows CONDENSED STATEMENTS OF CASH FLOWS Statements 8 false false R9.htm 10101 - Disclosure - Basis of Presentation Sheet http://www.iradimed.com/role/DisclosureBasisOfPresentation Basis of Presentation Notes 9 false false R10.htm 10201 - Disclosure - Revenue Recognition Sheet http://www.iradimed.com/role/DisclosureRevenueRecognition Revenue Recognition Notes 10 false false R11.htm 10301 - Disclosure - Basic and Diluted Net Income per Share Sheet http://www.iradimed.com/role/DisclosureBasicAndDilutedNetIncomePerShare Basic and Diluted Net Income per Share Notes 11 false false R12.htm 10401 - Disclosure - Inventory Sheet http://www.iradimed.com/role/DisclosureInventory Inventory Notes 12 false false R13.htm 10501 - Disclosure - Property and Equipment Sheet http://www.iradimed.com/role/DisclosurePropertyAndEquipment Property and Equipment Notes 13 false false R14.htm 10601 - Disclosure - Intangible Assets Sheet http://www.iradimed.com/role/DisclosureIntangibleAssets Intangible Assets Notes 14 false false R15.htm 10701 - Disclosure - Investments Sheet http://www.iradimed.com/role/DisclosureInvestments Investments Notes 15 false false R16.htm 10801 - Disclosure - Fair Value Measurements Sheet http://www.iradimed.com/role/DisclosureFairValueMeasurements Fair Value Measurements Notes 16 false false R17.htm 10901 - Disclosure - Accumulated Other Comprehensive Income (Loss) Sheet http://www.iradimed.com/role/DisclosureAccumulatedOtherComprehensiveIncomeLoss Accumulated Other Comprehensive Income (Loss) Notes 17 false false R18.htm 11001 - Disclosure - Stock-Based Compensation Sheet http://www.iradimed.com/role/DisclosureStockBasedCompensation Stock-Based Compensation Notes 18 false false R19.htm 11101 - Disclosure - Income Taxes Sheet http://www.iradimed.com/role/DisclosureIncomeTaxes Income Taxes Notes 19 false false R20.htm 11201 - Disclosure - Leases Sheet http://www.iradimed.com/role/DisclosureLeases Leases Notes 20 false false R21.htm 11301 - Disclosure - Commitments and Contingencies Sheet http://www.iradimed.com/role/DisclosureCommitmentsAndContingencies Commitments and Contingencies Notes 21 false false R22.htm 20102 - Disclosure - Basis of Presentation (Policies) Sheet http://www.iradimed.com/role/DisclosureBasisOfPresentationPolicies Basis of Presentation (Policies) Policies 22 false false R23.htm 30103 - Disclosure - Basis of Presentation (Tables) Sheet http://www.iradimed.com/role/DisclosureBasisOfPresentationTables Basis of Presentation (Tables) Tables http://www.iradimed.com/role/DisclosureBasisOfPresentation 23 false false R24.htm 30203 - Disclosure - Revenue Recognition (Tables) Sheet http://www.iradimed.com/role/DisclosureRevenueRecognitionTables Revenue Recognition (Tables) Tables http://www.iradimed.com/role/DisclosureRevenueRecognition 24 false false R25.htm 30303 - Disclosure - Basic and Diluted Net Income per Share (Tables) Sheet http://www.iradimed.com/role/DisclosureBasicAndDilutedNetIncomePerShareTables Basic and Diluted Net Income per Share (Tables) Tables http://www.iradimed.com/role/DisclosureBasicAndDilutedNetIncomePerShare 25 false false R26.htm 30403 - Disclosure - Inventory (Tables) Sheet http://www.iradimed.com/role/DisclosureInventoryTables Inventory (Tables) Tables http://www.iradimed.com/role/DisclosureInventory 26 false false R27.htm 30503 - Disclosure - Property and Equipment (Tables) Sheet http://www.iradimed.com/role/DisclosurePropertyAndEquipmentTables Property and Equipment (Tables) Tables http://www.iradimed.com/role/DisclosurePropertyAndEquipment 27 false false R28.htm 30603 - Disclosure - Intangible Assets (Tables) Sheet http://www.iradimed.com/role/DisclosureIntangibleAssetsTables Intangible Assets (Tables) Tables http://www.iradimed.com/role/DisclosureIntangibleAssets 28 false false R29.htm 30703 - Disclosure - Investments (Tables) Sheet http://www.iradimed.com/role/DisclosureInvestmentsTables Investments (Tables) Tables http://www.iradimed.com/role/DisclosureInvestments 29 false false R30.htm 30803 - Disclosure - Fair Value Measurements (Tables) Sheet http://www.iradimed.com/role/DisclosureFairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://www.iradimed.com/role/DisclosureFairValueMeasurements 30 false false R31.htm 30903 - Disclosure - Accumulated Other Comprehensive Income (Loss) (Tables) Sheet http://www.iradimed.com/role/DisclosureAccumulatedOtherComprehensiveIncomeLossTables Accumulated Other Comprehensive Income (Loss) (Tables) Tables http://www.iradimed.com/role/DisclosureAccumulatedOtherComprehensiveIncomeLoss 31 false false R32.htm 31003 - Disclosure - Stock-Based Compensation (Tables) Sheet http://www.iradimed.com/role/DisclosureStockBasedCompensationTables Stock-Based Compensation (Tables) Tables http://www.iradimed.com/role/DisclosureStockBasedCompensation 32 false false R33.htm 31203 - Disclosure - Leases (Tables) Sheet http://www.iradimed.com/role/DisclosureLeasesTables Leases (Tables) Tables http://www.iradimed.com/role/DisclosureLeases 33 false false R34.htm 40101 - Disclosure - Basis of Presentation (Details) Sheet http://www.iradimed.com/role/DisclosureBasisOfPresentationDetails Basis of Presentation (Details) Details http://www.iradimed.com/role/DisclosureBasisOfPresentationTables 34 false false R35.htm 40102 - Disclosure - Basis of Presentation - Recent Accounting Pronouncements (Details) Sheet http://www.iradimed.com/role/DisclosureBasisOfPresentationRecentAccountingPronouncementsDetails Basis of Presentation - Recent Accounting Pronouncements (Details) Details 35 false false R36.htm 40201 - Disclosure - Revenue Recognition - Information by Geographic Region (Details) Sheet http://www.iradimed.com/role/DisclosureRevenueRecognitionInformationByGeographicRegionDetails Revenue Recognition - Information by Geographic Region (Details) Details 36 false false R37.htm 40202 - Disclosure - Revenue Recognition - Information by Type (Details) Sheet http://www.iradimed.com/role/DisclosureRevenueRecognitionInformationByTypeDetails Revenue Recognition - Information by Type (Details) Details 37 false false R38.htm 40203 - Disclosure - Revenue Recognition - Contract Liabilities (Details) Sheet http://www.iradimed.com/role/DisclosureRevenueRecognitionContractLiabilitiesDetails Revenue Recognition - Contract Liabilities (Details) Details 38 false false R39.htm 40204 - Disclosure - Revenue Recognition - Capitalized Contract Costs (Details) Sheet http://www.iradimed.com/role/DisclosureRevenueRecognitionCapitalizedContractCostsDetails Revenue Recognition - Capitalized Contract Costs (Details) Details 39 false false R40.htm 40301 - Disclosure - Basic and Diluted Net Income per Share (Details) Sheet http://www.iradimed.com/role/DisclosureBasicAndDilutedNetIncomePerShareDetails Basic and Diluted Net Income per Share (Details) Details http://www.iradimed.com/role/DisclosureBasicAndDilutedNetIncomePerShareTables 40 false false R41.htm 40401 - Disclosure - Inventory (Details) Sheet http://www.iradimed.com/role/DisclosureInventoryDetails Inventory (Details) Details http://www.iradimed.com/role/DisclosureInventoryTables 41 false false R42.htm 40501 - Disclosure - Property and Equipment (Details) Sheet http://www.iradimed.com/role/DisclosurePropertyAndEquipmentDetails Property and Equipment (Details) Details http://www.iradimed.com/role/DisclosurePropertyAndEquipmentTables 42 false false R43.htm 40502 - Disclosure - Property and Equipment - Geographic information (Details) Sheet http://www.iradimed.com/role/DisclosurePropertyAndEquipmentGeographicInformationDetails Property and Equipment - Geographic information (Details) Details 43 false false R44.htm 40601 - Disclosure - Intangible Assets (Details) Sheet http://www.iradimed.com/role/DisclosureIntangibleAssetsDetails Intangible Assets (Details) Details http://www.iradimed.com/role/DisclosureIntangibleAssetsTables 44 false false R45.htm 40701 - Disclosure - Investments (Details) Sheet http://www.iradimed.com/role/DisclosureInvestmentsDetails Investments (Details) Details http://www.iradimed.com/role/DisclosureInvestmentsTables 45 false false R46.htm 40801 - Disclosure - Fair Value Measurements (Details) Sheet http://www.iradimed.com/role/DisclosureFairValueMeasurementsDetails Fair Value Measurements (Details) Details http://www.iradimed.com/role/DisclosureFairValueMeasurementsTables 46 false false R47.htm 40901 - Disclosure - Accumulated Other Comprehensive Income (Loss) (Details) Sheet http://www.iradimed.com/role/DisclosureAccumulatedOtherComprehensiveIncomeLossDetails Accumulated Other Comprehensive Income (Loss) (Details) Details http://www.iradimed.com/role/DisclosureAccumulatedOtherComprehensiveIncomeLossTables 47 false false R48.htm 41001 - Disclosure - Stock-Based Compensation (Details) Sheet http://www.iradimed.com/role/DisclosureStockBasedCompensationDetails Stock-Based Compensation (Details) Details http://www.iradimed.com/role/DisclosureStockBasedCompensationTables 48 false false R49.htm 41002 - Disclosure - Stock-Based Compensation - Stock Options and Restricted Stock Units Activity (Details) Sheet http://www.iradimed.com/role/DisclosureStockBasedCompensationStockOptionsAndRestrictedStockUnitsActivityDetails Stock-Based Compensation - Stock Options and Restricted Stock Units Activity (Details) Details 49 false false R50.htm 41003 - Disclosure - Stock-Based Compensation - Warrants (Details) Sheet http://www.iradimed.com/role/DisclosureStockBasedCompensationWarrantsDetails Stock-Based Compensation - Warrants (Details) Details 50 false false R51.htm 41101 - Disclosure - Income Taxes (Details) Sheet http://www.iradimed.com/role/DisclosureIncomeTaxesDetails Income Taxes (Details) Details http://www.iradimed.com/role/DisclosureIncomeTaxes 51 false false R52.htm 41201 - Disclosure - Leases (Details) Sheet http://www.iradimed.com/role/DisclosureLeasesDetails Leases (Details) Details http://www.iradimed.com/role/DisclosureLeasesTables 52 false false R53.htm 41202 - Disclosure - Leases - Operating Lease Cost (Details) Sheet http://www.iradimed.com/role/DisclosureLeasesOperatingLeaseCostDetails Leases - Operating Lease Cost (Details) Details 53 false false R54.htm 41203 - Disclosure - Leases - Maturity of Lease Liabilities (Details) Sheet http://www.iradimed.com/role/DisclosureLeasesMaturityOfLeaseLiabilitiesDetails Leases - Maturity of Lease Liabilities (Details) Details 54 false false R55.htm 41204 - Disclosure - Leases - Future Minimum Lease Payments (Details) Sheet http://www.iradimed.com/role/DisclosureLeasesFutureMinimumLeasePaymentsDetails Leases - Future Minimum Lease Payments (Details) Details 55 false false R56.htm 41301 - Disclosure - Commitments and Contingencies (Details) Sheet http://www.iradimed.com/role/DisclosureCommitmentsAndContingenciesDetails Commitments and Contingencies (Details) Details http://www.iradimed.com/role/DisclosureCommitmentsAndContingencies 56 false false All Reports Book All Reports irmd-20190930.xml irmd-20190930.xsd irmd-20190930_cal.xml irmd-20190930_def.xml irmd-20190930_lab.xml irmd-20190930_pre.xml http://xbrl.sec.gov/country/2017-01-31 http://fasb.org/us-gaap/2018-01-31 http://xbrl.sec.gov/dei/2018-01-31 http://fasb.org/srt/2018-01-31 true true XML 27 R17.htm IDEA: XBRL DOCUMENT

Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2019

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

9 — Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive loss, net of tax, for the three months ended September 30, 2019 and 2018 are as follows:


	Unrealized (Losses)
	Gains on
	Available-For-Sale
	Securities
Balance at June 30, 2019	$	23,267
Gains on available-for-sale securities, net		11,615
Reclassification realized in net earnings		(5,742)
Balance at September 30, 2019	$	29,140

Balance at June 30, 2018	$	(97,324)
Gains on available-for-sale securities, net		6,566
Reclassification realized in net earnings		16,099
Balance at September 30, 2018	$	(74,659)

The components of accumulated other comprehensive loss, net of tax, for the nine months ended September 30, 2019 and 2018 are as follows:


	Unrealized (Losses)
	Gains on
	Available-For-Sale
	Securities
Balance at December 31, 2018	$	(42,192)
Gains on available-for-sale securities, net		74,233
Reclassification realized in net earnings		(2,901)
Balance at September 30, 2019	$	29,140

Balance at December 31, 2017	$	(48,909)
Losses on available-for-sale securities, net		(32,180)
Reclassification realized in net earnings		16,926
Cumulative effect from adoption of accounting standard update		(10,496)
Balance at September 30, 2018	$	(74,659)

XML 28 R13.htm IDEA: XBRL DOCUMENT

Property and Equipment

9 Months Ended

Sep. 30, 2019

Property and Equipment

Property and Equipment

5 — Property and Equipment

Property and equipment consist of:


	September 30,		December 31,
	2019		2018
	(unaudited)
Computer software and hardware	$	562,984	$	555,292
Furniture and fixtures		1,129,000		901,415
Leasehold improvements		217,893		202,026
Machinery and equipment		2,293,304		2,184,015
Tooling in-process		86,141		58,263
		4,289,322		3,901,011
Accumulated depreciation		(2,316,191)		(2,031,450)
Total	$	1,973,131	$	1,869,561

Property and equipment, net, information by geographic region is as follows:


	September 30,		December 31,
	2019		2018
	(unaudited)
United States	$	1,587,554	$	1,439,545
International		385,577		430,016
Total property and equipment, net	$	1,973,131	$	1,869,561

Long-lived assets held outside of the United States consist principally of tooling and machinery and equipment, which are components of property and equipment, net.

XML 29 R3.htm IDEA: XBRL DOCUMENT

CONDENSED BALANCE SHEETS (Parenthetical) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
CONDENSED BALANCE SHEETS
Accounts receivable, allowance for doubtful accounts	$ 67,837	$ 42,443
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	31,500,000	31,500,000
Common stock, shares issued	11,431,467	10,989,111
Common stock, shares outstanding	11,431,467	10,989,111

XML 30 R7.htm IDEA: XBRL DOCUMENT

CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated other comprehensive income (loss):	Total
Balances at Dec. 31, 2017	$ 1,060	$ 12,623,181	$ 20,355,545	$ (48,909)
Increase (Decrease) in Stockholders' Equity
Net income			4,596,437		$ 4,596,437
Other comprehensive income (loss)				(15,254)
Stock compensation expense		1,361,964
Net share settlement of restricted stock units	2	(16,416)
Exercise of stock options and warrants	31	1,234,534
Cumulative effect from adoption of accounting standard update			10,496	(10,496)
Balances at Sep. 30, 2018	1,093	15,203,263	24,962,478	(74,659)	40,092,175
Balances at Jun. 30, 2018	1,067	13,701,066	22,562,205	(97,324)
Increase (Decrease) in Stockholders' Equity
Net income			2,400,273		2,400,273
Other comprehensive income (loss)				22,665
Stock compensation expense		503,556
Net share settlement of restricted stock units		(818)
Exercise of stock options and warrants	26	999,459
Balances at Sep. 30, 2018	1,093	15,203,263	24,962,478	(74,659)	40,092,175
Balances at Dec. 31, 2018	1,099	15,317,335	26,669,491	(42,192)	41,945,733
Increase (Decrease) in Stockholders' Equity
Net income			6,389,276		6,389,276
Other comprehensive income (loss)				71,332
Stock compensation expense		1,306,430
Net share settlement of restricted stock units	3	(149,401)
Exercise of stock options and warrants	41	2,209,484
Balances at Sep. 30, 2019	1,143	18,683,848	33,058,767	29,140	51,772,898
Balances at Jun. 30, 2019	1,120	16,520,138	30,603,897	23,267
Increase (Decrease) in Stockholders' Equity
Net income			2,454,870		2,454,870
Other comprehensive income (loss)				5,873
Stock compensation expense		455,641
Net share settlement of restricted stock units		(1,186)
Exercise of stock options and warrants	23	1,709,255
Balances at Sep. 30, 2019	$ 1,143	$ 18,683,848	$ 33,058,767	$ 29,140	$ 51,772,898

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

XML 31 R38.htm IDEA: XBRL DOCUMENT

Revenue Recognition - Contract Liabilities (Details) - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Dec. 31, 2018
Deferred revenue
Advance payments from customers			$ 40,726	$ 180,425
Shipments in-transit			40,195	9,582
Extended warranty agreements			4,022,373	3,415,782
Total	$ 3,605,789	$ 3,621,256	$ 4,103,294	$ 3,605,789
Changes in contract liabilities
Contract liabilities at beginning of the year	3,605,789	3,621,256
Increases due to cash received from customers	2,530,978	1,764,735
Decreases due to recognition of revenue	(2,033,473)	(1,683,256)
Contract liabilities at end of the year	$ 4,103,294	$ 3,702,735

XML 32 R30.htm IDEA: XBRL DOCUMENT

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2019

Fair Value Measurements

Schedule of the fair value of assets and liabilities subject to recurring fair value measurements


	Fair Value at September 30, 2019
			Quoted Prices		Significant
			in Active		Other		Significant
			Market for		Observable		Unobservable
	Fair		Identical Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
Corporate bonds:
U.S. corporations	$	2,996,470	$	—	$	2,996,470	$	—
International corporations		930,434		—		930,434		—
Total	$	3,926,904	$	—	$	3,926,904	$	—


	Fair Value at December 31, 2018
			Quoted Prices		Significant
			in Active		Other		Significant
			Market for		Observable		Unobservable
	Fair		Identical Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
Corporate bonds:
U.S. corporations	$	5,429,336	$	—	$	5,429,336	$	—
International corporations		920,579		—		920,579		—
Total	$	6,349,915	$	—	$	6,349,915	$	—

XML 33 R34.htm IDEA: XBRL DOCUMENT

Basis of Presentation (Details)	9 Months Ended
Basis of Presentation (Details)	Sep. 30, 2019 segment
Basis of Presentation
Number of reportable segment	1

XML 34 R55.htm IDEA: XBRL DOCUMENT

Leases - Future Minimum Lease Payments (Details)	Dec. 31, 2018 USD ($)
Operating leases, future minimum payments due, fiscal year maturity
2019	$ 170,664
Total minimum lease payments	$ 170,664

XML 35 R51.htm IDEA: XBRL DOCUMENT

Income Taxes (Details) - USD ($)	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($)	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Reconciliation of the statutory U.S. federal tax rate to effective rate
Provision for income tax (benefit) expense	$ 174,035	$ (909,619)	$ 299,876	$ (275,044)
Effective tax rate (as a percent)	6.60%	(61.00%)	4.50%	(6.40%)

XML 36 R48.htm IDEA: XBRL DOCUMENT

Stock-Based Compensation (Details) - USD ($)	3 Months Ended		9 Months Ended
Stock-Based Compensation (Details) - USD ($)	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Stock-Based Compensation
Total stock-based compensation expense	$ 455,641	$ 503,556	$ 1,306,430	$ 1,361,964
Cost of revenue
Stock-Based Compensation
Total stock-based compensation expense	67,452	70,000	188,295	207,498
General and administrative
Stock-Based Compensation
Total stock-based compensation expense	279,125	312,043	802,205	795,280
Sales and marketing
Stock-Based Compensation
Total stock-based compensation expense	89,274	82,994	258,573	244,887
Research and development
Stock-Based Compensation
Total stock-based compensation expense	$ 19,790	$ 38,519	$ 57,357	$ 114,299

XML 37 R40.htm IDEA: XBRL DOCUMENT

Basic and Diluted Net Income per Share (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Basic and Diluted Net Income per Share
Net income	$ 2,454,870	$ 2,400,273	$ 6,389,276	$ 4,596,437
Weighted-average shares outstanding - Basic (in shares)	11,369,404	10,824,421	11,188,761	10,695,601
Effect of dilutive securities:
Underwriters' warrants	41,124	107,820	69,183	86,469
Stock Options	822,128	1,115,986	899,311	1,167,050
Restricted Stock Units	77,292	147,643	90,847	110,574
Weighted-average shares outstanding - Diluted (in shares)	12,309,948	12,195,870	12,248,102	12,059,694
Basic net income per share (in dollars per share)	$ 0.22	$ 0.22	$ 0.57	$ 0.43
Diluted net income per share (in dollars per share)	$ 0.20	$ 0.20	$ 0.52	$ 0.38
Anti-dilutive stock
Anti-dilutive stock options and restricted stock units	117,584	10,196	14,991	39,869

XML 38 R44.htm IDEA: XBRL DOCUMENT

Intangible Assets (Details) - USD ($)	3 Months Ended		9 Months Ended
Intangible Assets (Details) - USD ($)	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Intangible assets
Intangible Assets, gross	$ 1,341,655		$ 1,341,655		$ 1,281,743
Accumulated amortization	(516,696)		(516,696)		(449,224)
Total	824,959		824,959		832,519
Amortization expense of intangible assets	22,491	$ 22,491	67,472	$ 66,842
Expected annual amortization expense
Three months ending December 31, 2019	22,491		22,491
2020	89,963		89,963
2021	89,963		89,963
2022	89,392		89,392
2023	88,740		88,740
2024	88,439		88,439
Patents - in use
Intangible assets
Intangible Assets, gross	304,270		304,270		304,270
Patents - in process
Intangible assets
Intangible Assets, gross	100,050		100,050		73,164
Internally developed software - in use
Intangible assets
Intangible Assets, gross	867,569		867,569		867,569
Internally developed software - in process
Intangible assets
Intangible Assets, gross	46,749		46,749		13,723
Trademarks
Intangible assets
Intangible Assets, gross	$ 23,017		$ 23,017		$ 23,017

XML 39 R25.htm IDEA: XBRL DOCUMENT

Basic and Diluted Net Income per Share (Tables)

9 Months Ended

Sep. 30, 2019

Basic and Diluted Net Income per Share

Schedule of computation of basic and diluted net income per share


	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(unaudited)				(unaudited)
Net income	$	2,454,870	$	2,400,273	$	6,389,276	$	4,596,437
Weighted-average shares outstanding — Basic		11,369,404		10,824,421		11,188,761		10,695,601
Effect of dilutive securities:
Underwriters' warrants		41,124		107,820		69,183		86,469
Stock Options		822,128		1,115,986		899,311		1,167,050
Restricted Stock Units		77,292		147,643		90,847		110,574
Weighted-average shares outstanding — Diluted		12,309,948		12,195,870		12,248,102		12,059,694
Basic net income per share	$	0.22	$	0.22	$	0.57	$	0.43
Diluted net income per share	$	0.20	$	0.20	$	0.52	$	0.38

Schedule of stock options and warrants to purchase shares of our commons stock and restricted stock units excluded from the calculation of diluted net income per share


	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2019	2018	2019	2018
	(unaudited)		(unaudited)
Anti-dilutive stock options and restricted stock units	117,584	10,196	14,991	39,869

XML 40 R21.htm IDEA: XBRL DOCUMENT

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2019
Commitments and Contingencies
Commitments and Contingencies	13 — Commitments and Contingencies Purchase commitments. We had various purchase orders for goods or services totaling $3,172,831 and $2,674,691 as of September 30, 2019 and December 31, 2018, respectively. No amounts related to these purchase orders have been recognized in our balance sheet. Legal matters. We may from time to time become party to various legal proceedings or claims that arise in the ordinary course of business.

XML 41 R29.htm IDEA: XBRL DOCUMENT

Investments (Tables)

9 Months Ended

Sep. 30, 2019

Investments

Summary of available-for-sale securities



		September 30, 2019
			Gross		Gross
			Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Corporate bonds:
U.S. corporations	$	2,969,503	$	26,967	$	—	$	2,996,470
International corporations		918,417		12,017		—		930,434
Total	$	3,887,920	$	38,984	$	—	$	3,926,904


		December 31, 2018
			Gross		Gross
			Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Corporate bonds:
U.S. corporations	$	5,487,645	$	—	$	58,309	$	5,429,336
International corporations		918,417		2,162		—		920,579
Total	$	6,406,062	$	2,162	$	58,309	$	6,349,915

EXCEL 42 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 43 R1.htm IDEA: XBRL DOCUMENT v3.19.3

Document and Entity Information - shares
9 Months Ended

Sep. 30, 2019

Oct. 31, 2019

Document and Entity Information

Entity Registrant Name IRADIMED CORPORATION

Entity Central Index Key 0001325618

Document Type 10-Q

Document Period End Date Sep. 30, 2019

Amendment Flag false

Current Fiscal Year End Date --12-31

Entity Current Reporting Status Yes

Entity Filer Category Non-accelerated Filer

Entity Common Stock, Shares Outstanding 11,484,583

Entity Small Business true

Entity Emerging Growth Company true

Entity Ex Transition Period true

Entity Shell Company false

Document Fiscal Year Focus 2019

Document Fiscal Period Focus Q3

X

- Definition
If the value is true, then the document is an amendment to previously-filed/accepted document.
+ References
No definition available.
+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition
End date of current fiscal year in the format --MM-DD.
+ References
No definition available.
+ Details

Name: dei_CurrentFiscalYearEndDate

Namespace Prefix: dei_

Data Type: xbrli:gMonthDayItemType

Balance Type: na

Period Type: duration

X

- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.
+ References
No definition available.
+ Details

Name: dei_DocumentFiscalPeriodFocus

Namespace Prefix: dei_

Data Type: dei:fiscalPeriodItemType

Balance Type: na

Period Type: duration

X

- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.
+ References
No definition available.
+ Details

Name: dei_DocumentFiscalYearFocus

Namespace Prefix: dei_

Data Type: xbrli:gYearItemType

Balance Type: na

Period Type: duration

X

- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.
+ References
No definition available.
+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12
-Subsection b-2
+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.
+ References
No definition available.
+ Details

Name: dei_EntityCommonStockSharesOutstanding

Namespace Prefix: dei_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition
Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.
+ References
No definition available.
+ Details

Name: dei_EntityCurrentReportingStatus

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12
-Subsection b-2
+ Details

Name: dei_EntityEmergingGrowthCompany

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 7A
-Section B
-Subsection 2
+ Details

Name: dei_EntityExTransitionPeriod

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated), (5) Smaller Reporting Accelerated Filer or (6) Smaller Reporting Company and Large Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12
-Subsection b-2
+ Details

Name: dei_EntityFilerCategory

Namespace Prefix: dei_

Data Type: dei:filerCategoryItemType

Balance Type: na

Period Type: duration

X

- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12
-Subsection b-2
+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate if company meets the shell company criteria: a company with no or nominal operations, and with no or nominal assets or assets consisting solely of cash and cash equivalents.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12
-Subsection b-2
+ Details

Name: dei_EntityShellCompany

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicates that the company is a smaller reporting company with both a public float and revenues of less than $75 million.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12
-Subsection b-2
+ Details

Name: dei_EntitySmallBusiness

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: irmd_DocumentAndEntityInformationAbstract

Namespace Prefix: irmd_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 44 R5.htm IDEA: XBRL DOCUMENT v3.19.3

CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

CONDENSED STATEMENTS OF COMPREHENSIVE INCOME

Net income $ 2,454,870 $ 2,400,273 $ 6,389,276 $ 4,596,437

Other comprehensive income (loss):

Change in fair value of available-for-sale securities, net of tax expense (benefit) of $4,429 and $2,299 for the three months ended September 30, 2019 and 2018, respectively, and $24,756 and $(10,714) for the nine months ended September 30, 2019 and 2018, respectively 11,615 6,566 74,233 (32,180)

Realized (gain) loss on available-for-sale securities reclassified to net income, net of tax expense (benefit) of $1,895 and $(5,601) for the three months ended September 30, 2019 and 2018, respectively, and $958 and $(6,103) for the nine months ended September 30, 2019 and 2018, respectively (5,742) 16,099 (2,901) 16,926

Other comprehensive income (loss) 5,873 22,665 71,332 (15,254)

Comprehensive income $ 2,460,743 $ 2,422,938 $ 6,460,608 $ 4,581,183

X

- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=114867106&loc=d3e557-108580

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669625-108580

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669619-108580
+ Details

Name: us-gaap_ComprehensiveIncomeNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_ComprehensiveIncomeNetOfTaxAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669619-108580

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669625-108580

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257
+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities, attributable to parent entity. Excludes amounts related to other than temporary impairment (OTTI) loss.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683
+ Details

Name: us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount after tax of other comprehensive income (loss) attributable to parent entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669625-108580

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669619-108580

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683
+ Details

Name: us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=114867106&loc=d3e689-108580

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=114867106&loc=d3e637-108580

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27357-111563

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17A
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL34724391-108580
+ Details

Name: us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 45 R32.htm IDEA: XBRL DOCUMENT v3.19.3

Stock-Based Compensation (Tables)
9 Months Ended

Sep. 30, 2019

Stock-Based Compensation

Schedule of stock-based compensation

Three Months Ended

Nine Months Ended

September 30,

September 30,



2019



2018



2019



2018

(unaudited)

(unaudited)

Cost of revenue

$

67,452

$

70,000

$

188,295

$

207,498

General and administrative

279,125

312,043

802,205

795,280

Sales and marketing

89,274

82,994

258,573

244,887

Research and development

19,790

38,519

57,357

114,299

Total

$

455,641

$

503,556

$

1,306,430

$

1,361,964

Summary of stock options and restricted stock units activity

The following table presents a summary of our stock-based compensation activity for the nine months ended September 30, 2019 (shares):

Stock

Restricted



Options



Stock Units

Outstanding beginning of period

1,129,463

226,501

Awards granted

50,000

106,823

Awards exercised/vested

(252,551)

(33,144)

Awards canceled

(750)

(13,246)

Outstanding end of period

926,162

286,934

X

- References
No definition available.
+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.F)
-URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5047-113901
+ Details

Name: us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure for share-based compensation plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901
+ Details

Name: us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 46 R36.htm IDEA: XBRL DOCUMENT v3.19.3

Revenue Recognition - Information by Geographic Region (Details) - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

Contract Liabilities

Total revenue $ 9,963,299 $ 7,614,655 $ 27,626,488 $ 22,099,591

United States

Contract Liabilities

Total revenue 8,281,854 6,099,767 22,916,642 17,808,918

International

Contract Liabilities

Total revenue $ 1,681,445 $ 1,514,888 $ 4,709,846 $ 4,290,673

X

- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details

Name: us-gaap_DisaggregationOfRevenueLineItems

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130543-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130539-203045

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045
+ Details

Name: us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: srt_StatementGeographicalAxis=country_US

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: srt_StatementGeographicalAxis=irmd_InternationalMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 47 R9.htm IDEA: XBRL DOCUMENT v3.19.3

Basis of Presentation
9 Months Ended

Sep. 30, 2019

Basis of Presentation

Basis of Presentation

1 — Basis of Presentation

The accompanying interim condensed financial statements of IRADIMED CORPORATION (“IRADIMED”, the “Company”, “we”, “our”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally presented in annual financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. The interim financial information is unaudited, but reflects all normal adjustments that are, in the opinion of management, necessary for the fair presentation of our financial position, results of operations and cash flows for the interim periods presented. Operating results for the three and nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019.

These accompanying interim condensed financial statements should be read with the financial statements and related footnotes to financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2018. The accounting policies followed in the preparation of these interim condensed financial statements, except as described in Note 1, are consistent in all material respects with those described in Note 1 of our Form 10-K.

We operate in one reportable segment which is the development, manufacture and sale of MRI compatible medical devices, related accessories, disposables and services for use by hospitals and acute care facilities during MRI procedures.

Close-Out of FDA Warning Letter

As announced on October 8, 2019, we received a close-out letter from the FDA with respect to the FDA warning letter previously received in August 2014. We received this warning letter following a routine inspection of our prior facility between April 7 and April 16, 2014. The close-out letter confirmed that all issues cited in the August 2014 warning letter have been resolved.

CE Mark for Products

On January 16, 2019, we were notified by the U.K. Notified Body, UL International Ltd. (“UL”) that their recent technical file review of our 3880 MRI compatible patient vital signs monitoring system could not be completed as aspects of clinical evaluation reporting, as required by newly issued guidance from the European Union, was not acceptable, resulting in a technical non-conformity. Accordingly, UL issued temporary EC Certificates that include our MRI compatible IV infusion pump system and related IV tubing sets and excludes our 3880 patient vital signs monitoring system. These temporary EC Certificates extended through July 27, 2019. We immediately suspended shipments of our 3880 patient vital signs monitor to all markets requiring a CE Mark.

On July 3, 2019, during the process of addressing the technical non-conformity associated with the review of our 3880 MRI compatible patient vital signs monitoring system, UL notified its customers of their decision to cease operations as a notified body and would continue the process of transferring all customers to the Polish Center for Testing and Certification (Polskie Centrum Badań i Certyfikacji S.A.) (“PCBC”) based in Warsaw, Poland. UL notified us that they transferred our EC Certificates to PCBC and, in August 2019, we received renewed EC Certificates for our MRI compatible IV infusion pump system and related IV tubing sets with an additional 4-year term.

UL’s decision to cease operations as a medical device notified body caused us to seek a new notified body for certification of our 3880 MRI compatible patient vital signs monitoring system. Concurrent to UL’s announcement, we engaged Ente Certificazione Macchine (“ECM”) as our notified body for the 3880 MRI compatible patient vital signs monitoring system. We are actively working through the recertification process with ECM and expect to complete this process and resume shipments into all markets requiring a CE Mark during our fiscal fourth quarter 2019, however, there can be no assurance that these efforts will be successful.

Certain Significant Risks and Uncertainties

We market our products to end users in the United States and to distributors internationally. Sales to end users in the United States are generally made on open credit terms. Management maintains an allowance for potential credit losses.

Recent Accounting Pronouncements

Accounting Pronouncements Implemented in 2019

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842). This update requires lessees to recognize, on the balance sheet, assets and liabilities for the rights and obligations created by all leases not considered short-term leases. For short-term leases, lessees may elect an accounting policy by class of underlying assets under which right-of-use assets and lease liabilities are not recognized and lease payments are generally recognized as expense over the lease term on a straight-line basis.

We adopted this update on January 1, 2019 and, as part of that process, made the following elections:

·

We elected to use the hindsight practical expedient.

·

We elected the package of practical expedients in transition for leases that commenced prior to January 1, 2019 whereby contracts were not reassessed or reclassified from their previous assessment as of December 31, 2018.

·

In March 2018, the FASB approved an optional transition method that allows companies to use the effective date as the date of initial application on transition. We elected this transition method, and as a result, did not adjust comparative period financial information or make the newly required lease disclosures for periods before the effective date.

·

We elected to make the accounting policy election for short-term leases resulting in lease payments being recorded as an expense on a straight-line basis over the lease term.

·

We elected to not separate lease and nonlease components, for all leases.

·

We did not elect the land easement practical expedient.

The impact of Topic 842 on our Balance Sheet beginning January 1, 2019 was through the recognition of an operating lease right-of-use asset and operating lease liability. Amounts recognized at January 1, 2109 for operating leases were as follows:



January 1,

2019

Operating lease right-of-use asset

$

3,182,724

Current portion of operating lease liability

$

226,852

Operating lease liability, less current portion

$

2,955,872

There was no impact to our Condensed Statements of Operations, Condensed Statements of Cash Flows or beginning retained earnings related to the adoption of Topic 842.

Recently Issued Accounting Pronouncements to be Implemented

In August 2018, the FASB issued ASU 2018-03, Fair Value Measurement (Topic 820). This update modifies disclosure requirements related to fair value measurements. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. Implementation on a prospective or retrospective basis varies by specific disclosure requirement. Early adoption is permitted. The ASU also allows for early adoption of any removed or modified disclosures upon issuance of this ASU, while delaying adoption of the additional disclosures until their effective date. We do not expect the adoption of this guidance will have a material impact upon our footnote disclosures.

In June 2016, the FASB issued 2016-03, Financial Instruments – Credit Losses (Topic 326). This update requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. In addition, for available-for-sale debt securities, this ASU replaces the other-than-temporary impairment model and requires the recognition of an allowance for reductions in a security’s fair value attributable to declines in credit quality, instead of a direct write-down of the security, when a valuation decline is determined to be other-than-temporary. The ASU requires a cumulative-effect adjustment to retained earnings as of the beginning of the reporting period of adoption. The amendments in this ASU are effective for fiscal years beginning after December 15, 2019 and for interim periods therein. Companies may choose to adopt this ASU as of its fiscal year beginning after December 15, 2018. We did not early adopt this standard. We do not believe this ASU will have a material impact on our financial condition or statements of operations.

X

- References
No definition available.
+ Details

Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for the organization, consolidation and basis of presentation of financial statements disclosure, and significant accounting policies of the reporting entity. May be provided in more than one note to the financial statements, as long as users are provided with an understanding of (1) the significant judgments and assumptions made by an enterprise in determining whether it must consolidate a VIE and/or disclose information about its involvement with a VIE, (2) the nature of restrictions on a consolidated VIE's assets reported by an enterprise in its statement of financial position, including the carrying amounts of such assets, (3) the nature of, and changes in, the risks associated with an enterprise's involvement with the VIE, and (4) how an enterprise's involvement with the VIE affects the enterprise's financial position, financial performance, and cash flows. Describes procedure if disclosures are provided in more than one note to the financial statements.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-URI http://asc.fasb.org/topic&trid=2122149

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-URI http://asc.fasb.org/topic&trid=2197479

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-URI http://asc.fasb.org/topic&trid=2122369

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-URI http://asc.fasb.org/topic&trid=2134479
+ Details

Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 48 R19.htm IDEA: XBRL DOCUMENT v3.19.3

Income Taxes
9 Months Ended

Sep. 30, 2019

Income Taxes

Income Taxes

11 — Income Taxes

For the three and nine months ended September 30, 2019, we recorded a provision for income tax expense of $174,035 and $299,876, respectively. Our effective tax rate was 6.6 percent and 4.5 percent and differed from the U.S. Federal statutory rate primarily due to discrete items related to tax benefits associated with stock-based compensation and the foreign derived intangible income deduction, partially offset by U.S. state tax expense.

For the three and nine months ended September 30, 2018, we recorded a provision for income tax benefit of $(909,619) and $(275,044), respectively. Our effective tax rate was (61.0) percent and (6.4) percent and differed from the U.S. Federal statutory rate primarily due to discrete items related to tax benefits associated with the exercise and sale of employee options and underwriters' warrants, partially offset by U.S. state tax expense.

As of September 30, 2019 and December 31, 2018, we had not identified or accrued for any uncertain tax positions. We are currently unaware of any uncertain tax positions that could result in significant payments, accruals or other material deviations in this estimate over the next 12 months. We believe that our tax positions comply in all material respects with applicable tax law. However, tax law is subject to interpretation, and interpretations by taxing authorities could be different from ours, which could result in the imposition of additional taxes and penalties.

We file tax returns in the United States Federal jurisdiction and many U.S. state jurisdictions. The Company is subject to income tax examinations for our United States Federal and certain U.S. state income taxes for 2015 and subsequent years and various other U.S. state income taxes for 2014 and subsequent years.

X

- References
No definition available.
+ Details

Name: us-gaap_IncomeTaxDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680
+ Details

Name: us-gaap_IncomeTaxDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 49 R15.htm IDEA: XBRL DOCUMENT v3.19.3

Investments
9 Months Ended

Sep. 30, 2019

Investments

Investments

7 — Investments

Our investments consist of corporate bonds that we have classified as available-for-sale and are summarized in the following tables:

September 30, 2019

Gross

Gross

Unrealized

Unrealized

Fair



Cost



Gains



Losses



Value

Corporate bonds:

U.S. corporations

$

2,969,503

$

26,967

$

—

$

2,996,470

International corporations

918,417

12,017

—

930,434

Total

$

3,887,920

$

38,984

$

—

$

3,926,904

December 31, 2018

Gross

Gross

Unrealized

Unrealized

Fair



Cost



Gains



Losses



Value

Corporate bonds:

U.S. corporations

$

5,487,645

$

—

$

58,309

$

5,429,336

International corporations

918,417

2,162

—

920,579

Total

$

6,406,062

$

2,162

$

58,309

$

6,349,915

Unrealized losses from the above investments for all periods presented are attributable to changes in interest rates. We do not believe any of these unrealized losses represent other-than-temporary impairments based on our evaluation of available evidence as of September 30, 2019.

X

- References
No definition available.
+ Details

Name: us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for investments in certain debt and equity securities.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2209399

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2324412

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI http://asc.fasb.org/topic&trid=2196928

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2176304
+ Details

Name: us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 50 R11.htm IDEA: XBRL DOCUMENT v3.19.3

Basic and Diluted Net Income per Share
9 Months Ended

Sep. 30, 2019

Basic and Diluted Net Income per Share

Basic and Diluted Net Income per Share

3 — Basic and Diluted Net Income per Share

Basic net income per share is based upon the weighted-average number of common shares outstanding during the period. Diluted net income per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The underwriters’ warrants, stock options and restricted stock units granted by us represent the only dilutive effect reflected in diluted weighted-average shares outstanding. See the Warrants portion of Note 10.

The following table presents the computation of basic and diluted net income per share:

Three Months Ended September 30,

Nine Months Ended September 30,



2019



2018



2019



2018

(unaudited)

(unaudited)

Net income

$

2,454,870

$

2,400,273

$

6,389,276

$

4,596,437

Weighted-average shares outstanding — Basic

11,369,404

10,824,421

11,188,761

10,695,601

Effect of dilutive securities:

Underwriters' warrants

41,124

107,820

69,183

86,469

Stock Options

822,128

1,115,986

899,311

1,167,050

Restricted Stock Units

77,292

147,643

90,847

110,574

Weighted-average shares outstanding — Diluted

12,309,948

12,195,870

12,248,102

12,059,694

Basic net income per share

$

0.22

$

0.22

$

0.57

$

0.43

Diluted net income per share

$

0.20

$

0.20

$

0.52

$

0.38

Stock options and warrants to purchase shares of our common stock and restricted stock units excluded from the calculation of diluted net income per share because the effect would have been anti-dilutive are as follows:

Three Months Ended

Nine Months Ended

September 30,

September 30,



2019



2018



2019



2018

(unaudited)

(unaudited)

Anti-dilutive stock options and restricted stock units

117,584

10,196

14,991

39,869

X

- References
No definition available.
+ Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for earnings per share.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383
+ Details

Name: us-gaap_EarningsPerShareTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

ZIP 51 0001104659-19-060808-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-19-060808-xbrl.zip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
V3Z\ NSR/2IZ" M<29)0:$;;E)#ECMWG#1A1\Z69%+AX4>-BG$8:@J&$GAID(@FB"T@69[<<01P M5%BOOG:#.IY(5NG+TP"'&^G+0_>?<9(:G8GL@=[((0@I41L'I2U_=0]0W84$ M-6T;7B!^"LRYDT<\9/JR"9HBAT'BFFAN&#CH@CC*1!(/;,ZNUC%YC#>FNPP8\7) ?R>^&BX672F4TO8>O M9!FC>RVR=7L@^S<'+3S(<07T$K<8A3L05*L7>;[LMZ-Z; L.M8I$4\7"Q%6] M\HOF[^LN BOC*'!^G8.07O.>TZ)ZC)I2'.7XJ!A'863?,[J#/.&^A$S6S(RF M^?$_0H8:>B4^'#\3&-(!N@]@R4YW.=&4IL2Z?=+]:K[P@B6$R:$W9 ,M &;H ML;$PZTU\C6#FTQN\B5O!^)-[_5WCMXQ93O5 J?SE^+;E9=0]I<0PDTU]E,2[ M4Z8$V9B"'L; 8_=*+0)*54Y]@(4PRU+8QSAHJ*I'6L'VYT+2J3":TK( XI2T M0KN^@$ IH4R.2TM4_QWZ$ -OZ+M#=XY\1-=3MOM,:D<+X2#5UTJ(U.?+@>HNSAD.-O9]\^?SG]_.WD^.BTHUO!ZR6) M,^4Q!OXLN8-_OERW21D:TH,KN?!X0_K&6E=(P2L'UA;)FU'+,3;]M'O[;P6/-4',KXFWU49\3RR9*$K>]#G#Z*]KN>--C[.I%%\][$HB4CW M=^Q!O#H06YT% O&V=H6]C\C_3AI&X8V?K)W?,?\)O!:^=$"_3O3+"MB2S37; M*-V$80S=RY@6('11"KB^C3.B VPWJ1L_('DV?@I[)WLDM"&WO#:I'22]2W&5BG7-&33X3PKC. PU;J=:G(*:26& M9_%J9OZ6K*\!P'[.,BE]M%[@LV];LE)?^R=$LV>:2/<",9A!]L=+8E56K]CL MY+R_$FK/A+NJ9T15 ?@MC<.(SN_BJ8D M&8,1L1X]O2,ZFK)'!RY9 MZ^FM" QBY;H>575,=DV4R,:^&Q!%:P3HC[FX6'7:X6R= 2'4QVO%ULL")>( MTK;FH4%9.T4-RW-JB9%(=Z'"!6&CC7%JEU=94=W5G%FBYN91J4,QC'X6PR@[ MN>UXZ;F@3Q:.INGD&^%'&GI,(O9$YJOW-B^ YT'W?)D%RM*&/"0VI&H>#'<5 M2&Y#<#96F\@8IW5H&>>Y!'7QREG:97\!IRP5&U.\2F===M7M 2,'KOZXFFJ\ M$B2U:.TO_O2)J]6B",K Y#V32]D-IJ\)1P'&[*0O97=!V5W],81O5/%$OB!< MD 84 3/RYY#*G37=0J#^#^P?+'R@7\.!@-9UVXPBC7\E4_%"&N))F M>XH;64FT>E*O2_NEACFSQ+S[^ H]]Q0C#823PN:T7=BTF>"1O' T 6]0,9OC MN/CZ<4)KP(CU)6UCQ?^:DXJ<#$$/6IK_[.OIIZ\GGT^.R$^?CSK*=4N>FE^] MZDU?"P<1O CHR_(QV4:,R,+(8!.F?Z*UW7P'>2B986():*)NG+E1U6Q)?+Q% MR5@2:EU))GVBYQSZ<(HJ)]MFZPT!G9Y^[APZ;2J^Y'Q602JMAII.33=OC2W8 MGB.MH:!:C4R=[<(_NH7$,5%TC3X57:.$3%^U30P[BI7JZ&_/14Y<;<_+PTQ_4!X&B92UL*SY?YOPA2<^0)&*AG M-2T6<="0>0E8=%2"-C]\80Y.L:%Q:FZH)+'6!3QWOG'@A+/&<8AN;R]*>F?N ^(;1DOZ*D\T]-GEQ$42LZMXJD^BIW%@:&[" MZW(MD4+9D>WF [DBC)=_X5_?J#P0J%+=]9E6/\\[5W^:6[K8BS[*BEW%0:;Y>U.'8W)S' MA)LTFN3/&%M7Q&1&T*?I)LF=[$EPQ4(N0@Q(TN@)(L3ZY*&BB0Q:C1=WE$PF M*94)Q'/D$Z>^&O:6-+W@D8BVS$W9:F*9RJ59 M-.OY(XXZ5TG;L>,0L: 7R@]\!1Z%ZFC*A%2F8YE^-BJ^-M^]R*5;"X@8L?RE ME4W+%N9X/H82G$<$#W&0$D@+K:P^ MMK['@.:V0UK M[O++:5F&,?VR2%%WUNY^O_U,L$U9T))LJKEAGSBY8>\'*]K)KP:4^B%E[) R M=D@9$V22K\K:W-(O44GS,PL$/0S49-,3(E5N>Z=I80Z!L(]QVE;5E;2V37M(7=-7^Z:(0DC>O!2#"9Q M(%)LV!-4J 8<)1G=39):^]'$.Q#1\H'+-)GB%H$GFN:+U&^<%IY66445LV\, M@FD:5\Q]YA!>;'5*YR2=/==Q&5<5&%$A8: 9J I -F9O7S)4,]$L,\$D!WPN M3/\@SI;"*98<0>,@U1@P1"/JQR?B^DZ>]B5I%/6)7, G:1,6LTE[P/FT(L.2T?) M'# G*9-64\4-Q]R0)I-J MX&K0/Z5 33:DJXX1!LB+H#T"IDH2LK/(B UPML M_?!=LH$/8C^"[M4;OHTY),$V3T,\2"/IP1FLPF0)"CF24 MXKS+?0"2"NN:,L=?('X*S"EA6S:5+M/Y\ZA6@B#?;1_ 4TL&68CVJ.]'AM=Q M1'Z^0SZ:QW/VJY4D%8\,/W./#)-O#-*/I*>&V6<.1X:MKAJ;"JY[:EA)Q3A# MH7IP6(]#&T]J).5R$6.J@V;P28D8AQX=V*B-.)%0]AAPS9!V@%BE-'2= HKW M\6VZ-!?!?(XBQN30=Y-G!6;0=Y03H$Z*)?=SM ? =P<;U/OBQ(@$)/M@D1(- M]M#-\9?3SZ<$:I_.CD[/OG64I+]Z9EJN;K;H!FI,!*,G#\V84CGVH=C0&)S4 MT65QFDLRV-JUP%(?XF\?$UVDR^M__G]02P$"% ,4 " Y.&=/*#^.O(#S M >TQD $0 @ $ :7)M9"TR,#$Y,#DS,"YX;6Q02P$" M% ,4 " Y.&=/M2V]+; . "0G0 $0 @ &O\P :7)M M9"TR,#$Y,#DS,"YX&UL4$L! A0#% M @ .3AG3Q7MLI++%P \GT! !4 ( !01,! &ER;60M,C Q M.3 Y,S!?9&5F+GAM;%!+ 0(4 Q0 ( #DX9T]W?&?0A%P $+:!0 5 M " 3\K 0!I&UL4$L%!@ & 8 B@$ *&_ 0 $! end XML 52 R53.htm IDEA: XBRL DOCUMENT v3.19.3

Leases - Operating Lease Cost (Details) - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2019

Sep. 30, 2019

Leases

Operating lease cost $ 102,398 $ 307,196

Cost of revenue

Leases

Operating lease cost 46,535 139,604

General and administrative

Leases

Operating lease cost 46,044 138,133

Sales and marketing

Leases

Operating lease cost 2,604 7,813

Research and development

Leases

Operating lease cost $ 7,215 $ 21,646

X

- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details

Name: us-gaap_LesseeLeaseDescriptionLineItems

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of single lease cost, calculated by allocation of remaining cost of lease over remaining lease term. Includes, but is not limited to, single lease cost, after impairment of right-of-use asset, calculated by amortization of remaining right-of-use asset and accretion of lease liability.
+ References
Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 55
-Paragraph 53
-URI http://asc.fasb.org/extlink&oid=77888399&loc=SL77918982-209971

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980
+ Details

Name: us-gaap_OperatingLeaseCost

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_IncomeStatementLocationAxis=us-gaap_CostOfSalesMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_IncomeStatementLocationAxis=us-gaap_GeneralAndAdministrativeExpenseMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_IncomeStatementLocationAxis=us-gaap_SellingAndMarketingExpenseMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_IncomeStatementLocationAxis=us-gaap_ResearchAndDevelopmentExpenseMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 54 R42.htm IDEA: XBRL DOCUMENT v3.19.3

Property and Equipment (Details) - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

Dec. 31, 2018

Property and equipment

Property and equipment, gross $ 4,289,322 $ 4,289,322 $ 3,901,011

Accumulated depreciation (2,316,191) (2,316,191) (2,031,450)

Total 1,973,131 1,973,131 1,869,561

Depreciation expense of property and equipment 122,834 $ 121,133 373,828 $ 345,592

Computer software and hardware

Property and equipment

Property and equipment, gross 562,984 562,984 555,292

Furniture and fixtures

Property and equipment

Property and equipment, gross 1,129,000 1,129,000 901,415

Leasehold improvements

Property and equipment

Property and equipment, gross 217,893 217,893 202,026

Machinery and equipment

Property and equipment

Property and equipment, gross 2,293,304 2,293,304 2,184,015

Tooling in-process

Property and equipment

Property and equipment, gross $ 86,141 $ 86,141 $ 58,263

X

- Definition
Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.14)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_Depreciation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_PropertyPlantAndEquipmentGross

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details

Name: us-gaap_PropertyPlantAndEquipmentLineItems

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(14))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(8))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_PropertyPlantAndEquipmentNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=irmd_ComputerSoftwareAndHardwareMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_MachineryAndEquipmentMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=irmd_ToolingInProcessMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 55 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 56 R46.htm IDEA: XBRL DOCUMENT v3.19.3

Fair Value Measurements (Details) - USD ($)

Sep. 30, 2019

Dec. 31, 2018

Fair Value Measurements

Fair value assets, amount transferred between measurement levels $ 0 $ 0

Fair value liabilities, amount transferred between measurement levels 0 0

Recurring

Fair Value Measurements

Total 3,926,904 6,349,915

Recurring | U.S. corporations

Fair Value Measurements

Total 2,996,470 5,429,336

Recurring | International corporations

Fair Value Measurements

Total 930,434 920,579

Recurring | Significant Other Observable Inputs (Level 2)

Fair Value Measurements

Total 3,926,904 6,349,915

Recurring | Significant Other Observable Inputs (Level 2) | U.S. corporations

Fair Value Measurements

Total 2,996,470 5,429,336

Recurring | Significant Other Observable Inputs (Level 2) | International corporations

Fair Value Measurements

Total $ 930,434 $ 920,579

X

- Definition
Represents the amount of transfer of assets between the levels of fair value hierarchy.
+ References
No definition available.
+ Details

Name: irmd_FairValueAssetsAmountTransferredBetweenMeasurementLevels

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Represents the amount of transfer of liabilities between the levels of fair value hierarchy.
+ References
No definition available.
+ Details

Name: irmd_FairValueLiabilitiesAmountTransferredBetweenMeasurementLevels

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258
+ Details

Name: us-gaap_AssetsFairValueDisclosure

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details

Name: us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_FinancialInstrumentAxis=us-gaap_DomesticCorporateDebtSecuritiesMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 57 R27.htm IDEA: XBRL DOCUMENT v3.19.3

Property and Equipment (Tables)
9 Months Ended

Sep. 30, 2019

Property and Equipment

Schedule of property and equipment



September 30,



December 31,

2019

2018

(unaudited)

Computer software and hardware

$

562,984

$

555,292

Furniture and fixtures

1,129,000

901,415

Leasehold improvements

217,893

202,026

Machinery and equipment

2,293,304

2,184,015

Tooling in-process

86,141

58,263

4,289,322

3,901,011

Accumulated depreciation

(2,316,191)

(2,031,450)

Total

$

1,973,131

$

1,869,561

Schedule of property and equipment, net, information by geographic region



September 30,



December 31,

2019

2018

(unaudited)

United States

$

1,587,554

$

1,439,545

International

385,577

430,016

Total property and equipment, net

$

1,973,131

$

1,869,561

X

- Definition
Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph b
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599
+ Details

Name: us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229
+ Details

Name: us-gaap_PropertyPlantAndEquipmentTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 58 R23.htm IDEA: XBRL DOCUMENT v3.19.3

Basis of Presentation (Tables)
9 Months Ended

Sep. 30, 2019

Basis of Presentation

Schedule of new accounting pronouncements and changes in accounting principles



January 1,

2019

Operating lease right-of-use asset

$

3,182,724

Current portion of operating lease liability

$

226,852

Operating lease liability, less current portion

$

2,955,872

X

- References
No definition available.
+ Details

Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794
+ Details

Name: us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 59 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 60 R43.htm IDEA: XBRL DOCUMENT v3.19.3

Property and Equipment - Geographic information (Details) - USD ($)

Sep. 30, 2019

Dec. 31, 2018

Property and equipment

Property and equipment, net $ 1,973,131 $ 1,869,561

United States

Property and equipment

Property and equipment, net 1,587,554 1,439,545

International

Property and equipment

Property and equipment, net $ 385,577 $ 430,016

X

- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details

Name: us-gaap_PropertyPlantAndEquipmentLineItems

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(14))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(8))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_PropertyPlantAndEquipmentNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: srt_StatementGeographicalAxis=country_US

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: srt_StatementGeographicalAxis=irmd_InternationalMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 61 R47.htm IDEA: XBRL DOCUMENT v3.19.3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

Component of accumulated other comprehensive loss

Balance at the beginning $ 23,267 $ (97,324) $ (42,192) $ (48,909)

Gains (Losses) on available-for-sale securities, net 11,615 6,566 74,233 (32,180)

Reclassification realized in net earnings (5,742) 16,099 2,901 (16,926)

Cumulative effect from adoption of accounting standard update (10,496)

Balance at the end $ 29,140 $ (74,659) $ 29,140 $ (74,659)

X

- Definition
Amount after tax of cumulative effect adjustment on equity or net assets for prospective application of a new accounting principle.
+ References
No definition available.
+ Details

Name: irmd_CumulativeEffectsOfProspectiveApplicationOfNewAccountingPrincipleNetOfTax

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.
+ References
No definition available.
+ Details

Name: us-gaap_AOCIAttributableToParentNetOfTaxRollForward

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=114867106&loc=d3e637-108580

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669686-108580

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=114867106&loc=d3e681-108580
+ Details

Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities, attributable to parent entity. Excludes amounts related to other than temporary impairment (OTTI) loss.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683
+ Details

Name: us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount after tax of reclassification adjustments of other comprehensive income (loss) attributable to parent.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669686-108580

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=109228884&loc=d3e1436-108581
+ Details

Name: us-gaap_ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

XML 62 R26.htm IDEA: XBRL DOCUMENT v3.19.3

Inventory (Tables)
9 Months Ended

Sep. 30, 2019

Inventory

Schedule of inventory



September 30,



December 31,

2019

2018

(unaudited)

Raw materials

$

3,444,132

$

3,408,158

Work in process

287,274

305,562

Finished goods

836,803

557,566

Inventory before allowance for excess and obsolete

4,568,209

4,271,286

Allowance for excess and obsolete

(217,169)

(211,843)

Total

$

4,351,040

$

4,059,443

X

- References
No definition available.
+ Details

Name: us-gaap_InventoryDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(c))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(a))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766
+ Details

Name: us-gaap_ScheduleOfInventoryCurrentTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 63 R22.htm IDEA: XBRL DOCUMENT v3.19.3

Basis of Presentation (Policies)
9 Months Ended

Sep. 30, 2019

Basis of Presentation

FDA Warning Letter

Close-Out of FDA Warning Letter

As announced on October 8, 2019, we received a close-out letter from the FDA with respect to the FDA warning letter previously received in August 2014. We received this warning letter following a routine inspection of our prior facility between April 7 and April 16, 2014. The close-out letter confirmed that all issues cited in the August 2014 warning letter have been resolved.

CE Mark for Products

CE Mark for Products

On January 16, 2019, we were notified by the U.K. Notified Body, UL International Ltd. (“UL”) that their recent technical file review of our 3880 MRI compatible patient vital signs monitoring system could not be completed as aspects of clinical evaluation reporting, as required by newly issued guidance from the European Union, was not acceptable, resulting in a technical non-conformity. Accordingly, UL issued temporary EC Certificates that include our MRI compatible IV infusion pump system and related IV tubing sets and excludes our 3880 patient vital signs monitoring system. These temporary EC Certificates extended through July 27, 2019. We immediately suspended shipments of our 3880 patient vital signs monitor to all markets requiring a CE Mark.

On July 3, 2019, during the process of addressing the technical non-conformity associated with the review of our 3880 MRI compatible patient vital signs monitoring system, UL notified its customers of their decision to cease operations as a notified body and would continue the process of transferring all customers to the Polish Center for Testing and Certification (Polskie Centrum Badań i Certyfikacji S.A.) (“PCBC”) based in Warsaw, Poland. UL notified us that they transferred our EC Certificates to PCBC and, in August 2019, we received renewed EC Certificates for our MRI compatible IV infusion pump system and related IV tubing sets with an additional 4-year term.

UL’s decision to cease operations as a medical device notified body caused us to seek a new notified body for certification of our 3880 MRI compatible patient vital signs monitoring system. Concurrent to UL’s announcement, we engaged Ente Certificazione Macchine (“ECM”) as our notified body for the 3880 MRI compatible patient vital signs monitoring system. We are actively working through the recertification process with ECM and expect to complete this process and resume shipments into all markets requiring a CE Mark during our fiscal fourth quarter 2019, however, there can be no assurance that these efforts will be successful.

Certain Significant Risks and Uncertainties

Certain Significant Risks and Uncertainties

We market our products to end users in the United States and to distributors internationally. Sales to end users in the United States are generally made on open credit terms. Management maintains an allowance for potential credit losses.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

Accounting Pronouncements Implemented in 2019

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842). This update requires lessees to recognize, on the balance sheet, assets and liabilities for the rights and obligations created by all leases not considered short-term leases. For short-term leases, lessees may elect an accounting policy by class of underlying assets under which right-of-use assets and lease liabilities are not recognized and lease payments are generally recognized as expense over the lease term on a straight-line basis.

We adopted this update on January 1, 2019 and, as part of that process, made the following elections:

·

We elected to use the hindsight practical expedient.

·

We elected the package of practical expedients in transition for leases that commenced prior to January 1, 2019 whereby contracts were not reassessed or reclassified from their previous assessment as of December 31, 2018.

·

In March 2018, the FASB approved an optional transition method that allows companies to use the effective date as the date of initial application on transition. We elected this transition method, and as a result, did not adjust comparative period financial information or make the newly required lease disclosures for periods before the effective date.

·

We elected to make the accounting policy election for short-term leases resulting in lease payments being recorded as an expense on a straight-line basis over the lease term.

·

We elected to not separate lease and nonlease components, for all leases.

·

We did not elect the land easement practical expedient.

The impact of Topic 842 on our Balance Sheet beginning January 1, 2019 was through the recognition of an operating lease right-of-use asset and operating lease liability. Amounts recognized at January 1, 2109 for operating leases were as follows:



January 1,

2019

Operating lease right-of-use asset

$

3,182,724

Current portion of operating lease liability

$

226,852

Operating lease liability, less current portion

$

2,955,872

There was no impact to our Condensed Statements of Operations, Condensed Statements of Cash Flows or beginning retained earnings related to the adoption of Topic 842.

Recently Issued Accounting Pronouncements to be Implemented

In August 2018, the FASB issued ASU 2018-03, Fair Value Measurement (Topic 820). This update modifies disclosure requirements related to fair value measurements. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. Implementation on a prospective or retrospective basis varies by specific disclosure requirement. Early adoption is permitted. The ASU also allows for early adoption of any removed or modified disclosures upon issuance of this ASU, while delaying adoption of the additional disclosures until their effective date. We do not expect the adoption of this guidance will have a material impact upon our footnote disclosures.

In June 2016, the FASB issued 2016-03, Financial Instruments – Credit Losses (Topic 326). This update requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. In addition, for available-for-sale debt securities, this ASU replaces the other-than-temporary impairment model and requires the recognition of an allowance for reductions in a security’s fair value attributable to declines in credit quality, instead of a direct write-down of the security, when a valuation decline is determined to be other-than-temporary. The ASU requires a cumulative-effect adjustment to retained earnings as of the beginning of the reporting period of adoption. The amendments in this ASU are effective for fiscal years beginning after December 15, 2019 and for interim periods therein. Companies may choose to adopt this ASU as of its fiscal year beginning after December 15, 2018. We did not early adopt this standard. We do not believe this ASU will have a material impact on our financial condition or statements of operations.

X

- Definition
CE Mark for 3880 Patient Vital Signs Monitoring System policy text block.
+ References
No definition available.
+ Details

Name: irmd_CeMarkFor3880PatientVitalSignsMonitoringSystemPolicyTextBlock

Namespace Prefix: irmd_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
FDA matters policy text block
+ References
No definition available.
+ Details

Name: irmd_FdaMattersPolicyTextBlock

Namespace Prefix: irmd_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for credit risk.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 825
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108315417&loc=d3e61044-112788
+ Details

Name: us-gaap_ConcentrationRiskCreditRisk

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.
+ References
No definition available.
+ Details

Name: us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 64 R33.htm IDEA: XBRL DOCUMENT v3.19.3

Leases (Tables)
9 Months Ended

Sep. 30, 2019

Leases

Schedule of lease cost

Three Months

Nine Months

Ended

Ended

September 30, 2019

September 30, 2019

Cost of revenue



$

46,535



$

139,604

General and administrative

46,044

138,133

Sales and marketing

2,604

7,813

Research and development

7,215

21,646

Total

$

102,398

$

307,196

Schedule of maturity of lease liabilities

Three months ending December 31, 2019



$

102,399

2020

409,596

2021

409,596

2022

409,596

2023

409,596

Thereafter

2,218,646

Total lease payments

3,959,429

Imputed interest

(945,564)

Present value of lease liability

$

3,013,865

Schedule of future minimum operating lease payments

2019



$

170,664

2020

—

2021

—

2022

—

2023

—

Thereafter

—

Total minimum lease payments

$

170,664

X

- Definition
Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.
+ References
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980
+ Details

Name: us-gaap_LeaseCostTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_LeasesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.
+ References
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980
+ Details

Name: us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717
+ Details

Name: us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 65 R8.htm IDEA: XBRL DOCUMENT v3.19.3

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Operating activities:

Net income $ 6,389,276 $ 4,596,437

Adjustments to reconcile net income to net cash provided by operating activities:

Change in allowance for doubtful accounts 27,532 26,146

Change in provision for excess and obsolete inventory 104,407 97,901

Depreciation and amortization 961,597 844,885

Stock-based compensation 1,306,430 1,361,964

Deferred income taxes, net 26,071 (272,056)

(Gain) loss on maturities of investments (3,859) 22,486

Changes in operating assets and liabilities:

Accounts receivable (2,742,517) (1,466,476)

Inventory (570,242) (257,884)

Prepaid expenses and other current assets (547,694) (430,889)

Other assets (150,386) (19,833)

Accounts payable 293,810 203,918

Accrued payroll and benefits 434,328 298,646

Other accrued taxes (48,216) (23,221)

Warranty reserve 2,973 (20,587)

Deferred revenue 537,700 166,344

Other current liability (150)

Prepaid income taxes, net of accrued income taxes 261,805 (1,293,989)

Other 859

Net cash provided by operating activities 6,283,874 3,833,642

Investing activities:

Purchases of investments (1,124,512)

Proceeds from maturity of investments 2,522,000 1,730,000

Purchases of property and equipment (196,369) (150,609)

Capitalized intangible assets (59,912) (13,484)

Net cash provided by investing activities 2,265,719 441,395

Financing activities:

Proceeds from exercises of stock options and warrants 2,209,525 1,234,565

Taxes paid related to the net share settlement of equity awards (149,398) (16,414)

Net cash provided by financing activities 2,060,127 1,218,151

Net increase in cash and cash equivalents 10,609,720 5,493,188

Cash and cash equivalents, beginning of period 28,027,688 18,205,976

Cash and cash equivalents, end of period 38,637,408 23,699,164

Supplemental disclosure of cash flow information:

Cash paid for income taxes 12,000 1,291,160

Right-of-use asset recognized in exchange for new lease obligation 3,182,724

Operating and short-term lease payments recorded within cash flow from operating activities $ 320,907 $ 355,125

X

- Definition
Represents the increase (decrease) during the period in the carrying amount (including both current and noncurrent portions of the accrual) of the liability pertaining to warranty reserve.
+ References
No definition available.
+ Details

Name: irmd_IncreaseDecreaseInWarrantyReserve

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The cash inflow associated with the amount received from holders exercising their stock options or from issuance of rights to purchase common shares at predetermined price (usually issued together with corporate debt).
+ References
No definition available.
+ Details

Name: irmd_ProceedsFromIssuanceOfStockOptionAndWarrantsExercised

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3044-108585

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=98513485&loc=SL98516268-108586
+ Details

Name: us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 230
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585
+ Details

Name: us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_DepreciationDepletionAndAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=98513485&loc=d3e4297-108586
+ Details

Name: us-gaap_IncomeTaxesPaidNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInAccountsPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInAccountsReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of increase (decrease) in obligation to transfer good or service to customer for which consideration has been received or is receivable.
+ References
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInContractWithCustomerLiability

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInDeferredIncomeTaxes

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInInventories

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_IncreaseDecreaseInOperatingCapitalAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of increase (decrease) in current liabilities classified as other.
+ References
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInOtherCurrentLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of increase (decrease) in operating assets classified as other.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInOtherOperatingAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of increase (decrease) in operating assets after deduction of operating liabilities classified as other.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of increase (decrease) in prepaid expenses, and assets classified as other.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the period in the amount of cash payments due to taxing authorities for non-income-related taxes.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInPropertyAndOtherTaxesPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of loss from reductions in inventory due to subsequent measurement adjustments, including, but not limited to, physical deterioration, obsolescence, or changes in price levels.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-SubTopic 10
-Section 35
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=68049868&loc=SL66093879-108312

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-SubTopic 10
-Section 35
-Paragraph 1C
-URI http://asc.fasb.org/extlink&oid=68049868&loc=SL66093883-108312

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=66092785&loc=d3e4542-108314
+ Details

Name: us-gaap_InventoryWriteDown

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585
+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585
+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3536-108585

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 45
-Paragraph 5
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=77888419&loc=SL77918643-209977

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (g)(1)
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980
+ Details

Name: us-gaap_OperatingLeasePayments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3291-108585

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 25
-Paragraph 19A
-URI http://asc.fasb.org/extlink&oid=107668666&loc=SL79513924-113897
+ Details

Name: us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash outflow associated with the purchase of all investments (debt, security, other) during the period.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3213-108585
+ Details

Name: us-gaap_PaymentsToAcquireInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of cash outflow for the purchase of or improvements to tangible or intangible assets, used to produce goods or deliver services, classified as other.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3213-108585
+ Details

Name: us-gaap_PaymentsToAcquireOtherProductiveAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3213-108585
+ Details

Name: us-gaap_PaymentsToAcquirePropertyPlantAndEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash inflow associated with the sale, maturity and collection of all investments such as debt, security and so forth during the period.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3179-108585
+ Details

Name: us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669619-108580

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669625-108580

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3000-108585

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686
+ Details

Name: us-gaap_ProfitLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.5)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=82913815&loc=SL49130534-203044
+ Details

Name: us-gaap_ProvisionForDoubtfulAccounts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The net realized gains or losses on investments during the period, not including gains or losses on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.3(a))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263
+ Details

Name: us-gaap_RealizedInvestmentGainsLosses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of increase in right-of-use asset obtained in exchange for operating lease liability.
+ References
Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 55
-Paragraph 53
-URI http://asc.fasb.org/extlink&oid=77888399&loc=SL77918982-209971

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (g)(2)
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980
+ Details

Name: us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585
+ Details

Name: us-gaap_ShareBasedCompensation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_SupplementalCashFlowInformationAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 66 R37.htm IDEA: XBRL DOCUMENT v3.19.3

Revenue Recognition - Information by Type (Details) - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

Disaggregation of Revenue

Total Devices Revenue $ 7,327,141 $ 5,350,031 $ 19,728,076 $ 15,275,565

Disposables and Services 2,162,602 1,874,439 6,513,030 5,722,573

Amortization of extended warranty agreements 473,556 390,185 1,385,382 1,101,453

Total revenue 9,963,299 7,614,655 27,626,488 22,099,591

MRI Compatible IV Infusion Pump Systems

Disaggregation of Revenue

Total Devices Revenue 4,769,252 3,532,670 13,512,548 10,748,830

MRI Compatible Patient Vital Signs Monitoring Systems

Disaggregation of Revenue

Total Devices Revenue $ 2,557,889 $ 1,817,361 $ 6,215,528 $ 4,526,735

X

- Definition
Amount of amortization of extended warranty agreements.
+ References
No definition available.
+ Details

Name: irmd_AmortizationOfExtendedWarrantyAgreements

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of revenue excluding tax, earned from contracts with customers before other income.
+ References
No definition available.
+ Details

Name: irmd_RevenueFromContractWithCustomerBeforeOtherIncomeExcludingAssessedTax

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of revenue earned from disposables and services.
+ References
No definition available.
+ Details

Name: irmd_RevenueFromDisposablesAndServices

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details

Name: us-gaap_DisaggregationOfRevenueLineItems

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130543-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130539-203045

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045
+ Details

Name: us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: srt_ProductOrServiceAxis=irmd_MRICompatibleIVInfusionPumpsMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: srt_ProductOrServiceAxis=irmd_MriCompatiblePatientVitalSignsMonitoringSystemsMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 67 R4.htm IDEA: XBRL DOCUMENT v3.19.3

CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

CONDENSED STATEMENTS OF OPERATIONS

Revenue $ 9,963,299 $ 7,614,655 $ 27,626,488 $ 22,099,591

Cost of revenue 2,168,208 1,826,716 6,074,323 5,229,141

Gross profit 7,795,091 5,787,939 21,552,165 16,870,450

Operating expenses:

General and administrative 2,609,722 2,181,839 7,482,790 6,563,727

Sales and marketing 2,297,002 1,784,418 6,607,477 4,946,398

Research and development 369,526 373,583 1,053,409 1,149,397

Total operating expenses 5,276,250 4,339,840 15,143,676 12,659,522

Income from operations 2,518,841 1,448,099 6,408,489 4,210,928

Other income, net 110,064 42,555 280,663 110,465

Income before provision for income taxes 2,628,905 1,490,654 6,689,152 4,321,393

Provision for income tax expense (benefit) 174,035 (909,619) 299,876 (275,044)

Net income $ 2,454,870 $ 2,400,273 $ 6,389,276 $ 4,596,437

Net income per share:

Basic (in dollars per share) $ 0.22 $ 0.22 $ 0.57 $ 0.43

Diluted (in dollars per share) $ 0.20 $ 0.20 $ 0.52 $ 0.38

Weighted average shares outstanding:

Basic (in shares) 11,369,404 10,824,421 11,188,761 10,695,601

Diluted (in shares) 12,309,948 12,195,870 12,248,102 12,059,694

X

- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227
+ Details

Name: us-gaap_CostOfRevenue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1337-109256

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=109256448&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1252-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109260490&loc=SL5780133-109256
+ Details

Name: us-gaap_EarningsPerShareBasic

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_EarningsPerShareBasicAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.
+ References
Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=109256448&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1252-109256

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1337-109256

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109260490&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263
+ Details

Name: us-gaap_EarningsPerShareDiluted

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.4)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227
+ Details

Name: us-gaap_GeneralAndAdministrativeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1,2)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227
+ Details

Name: us-gaap_GrossProfit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 20
-Section 25
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=68072869&loc=d3e41242-110953

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(10))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(8))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260
+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_IncomeStatementAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109238882&loc=d3e38679-109324
+ Details

Name: us-gaap_IncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669619-108580

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669625-108580

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257
+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.7)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227
+ Details

Name: us-gaap_NonoperatingIncomeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingExpenses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_OperatingExpensesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The net result for the period of deducting operating expenses from operating revenues.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 985
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 730
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6420194&loc=d3e21568-108373
+ Details

Name: us-gaap_ResearchAndDevelopmentExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599
+ Details

Name: us-gaap_Revenues

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The aggregate total amount of expenses directly related to the marketing or selling of products or services.
+ References
No definition available.
+ Details

Name: us-gaap_SellingAndMarketingExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1505-109256
+ Details

Name: us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1448-109256

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257
+ Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingBasic

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 68 R14.htm IDEA: XBRL DOCUMENT v3.19.3

Intangible Assets
9 Months Ended

Sep. 30, 2019

Intangible Assets

Intangible Assets

6 — Intangible Assets

The following table summarizes the components of intangible asset balances:



September 30,



December 31,

2019

2018

(unaudited)

Patents — in use

$

304,270

$

304,270

Patents — in process

100,050

73,164

Internally developed software — in use

867,569

867,569

Internally developed software — in process

46,749

13,723

Trademarks

23,017

23,017

1,341,655

1,281,743

Accumulated amortization

(516,696)

(449,224)

Total

$

824,959

$

832,519

Amortization expense of intangible assets was $22,491 and $22,491 for the three months ended September 30, 2019 and 2018, respectively, and $67,472 and $66,842 for the nine months ended September 30, 2019 and 2018, respectively.

Expected annual amortization expense for the remaining portion of 2019 and the next five years related to intangible assets is as follows (excludes in process intangible assets):

Three months ending December 31, 2019



$

22,491

2020

89,963

2021

89,963

2022

89,392

2023

88,740

2024

88,439

X

- References
No definition available.
+ Details

Name: us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for all or part of the information related to intangible assets.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416
+ Details

Name: us-gaap_IntangibleAssetsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 69 R10.htm IDEA: XBRL DOCUMENT v3.19.3

Revenue Recognition
9 Months Ended

Sep. 30, 2019

Revenue Recognition

Revenue Recognition

2 — Revenue Recognition

Disaggregation of Revenue

We disaggregate revenue from contracts with customers by geographic region and revenue type as we believe it best depicts the nature, amount, timing and uncertainty of our revenue and cash flow.

Revenue information by geographic region is as follows:

Three Months Ended

Nine Months Ended

September 30,

September 30,



2019



2018



2019



2018

(unaudited)

(unaudited)

United States

$

8,281,854

$

6,099,767

$

22,916,642

$

17,808,918

International

1,681,445

1,514,888

4,709,846

4,290,673

Total revenue

$

9,963,299

$

7,614,655

$

27,626,488

$

22,099,591

Revenue information by type is as follows:

Three Months Ended

Nine Months Ended

September 30,

September 30,



2019



2018



2019



2018

(unaudited)

(unaudited)

Devices:









MRI Compatible IV Infusion Pump Systems

$

4,769,252

$

3,532,670

$

13,512,548

$

10,748,830

MRI Compatible Patient Vital Signs Monitoring Systems

2,557,889

1,817,361

6,215,528

4,526,735

Total Devices Revenue

7,327,141

5,350,031

19,728,076

15,275,565

Disposables and Services

2,162,602

1,874,439

6,513,030

5,722,573

Amortization of extended warranty agreements

473,556

390,185

1,385,382

1,101,453

Total revenue

$

9,963,299

$

7,614,655

$

27,626,488

$

22,099,591

Contract Liabilities

Our contract liabilities consist of:



September 30,



December 31,

2019

2018

(unaudited)

Advance payments from customers

$

40,726

$

180,425

Shipments in-transit

40,195

9,582

Extended warranty agreements

4,022,373

3,415,782

Total

$

4,103,294

$

3,605,789

Changes in the contract liabilities during the periods presented are as follows:



Deferred

Revenue

Contract liabilities, December 31, 2018

$

3,605,789

Increases due to cash received from customers

2,530,978

Decreases due to recognition of revenue

(2,033,473)

Contract liabilities, September 30, 2019

$

4,103,294



Deferred

Revenue

Contract liabilities, December 31, 2017

$

3,621,256

Increases due to cash received from customers

1,764,735

Decreases due to recognition of revenue

(1,683,256)

Contract liabilities, September 30, 2018

$

3,702,735

Capitalized Contract Costs

Our capitalized contract costs consist of:

September 30,

December 31,



2019



2018

(unaudited)

Capitalized contract costs

$

331,633

$

181,248

Expense for the three and nine months ended September 30, 2019 and 2018 related to the amortization of capitalized contract costs were immaterial to our financial statements.

X

- References
No definition available.
+ Details

Name: us-gaap_RevenueFromContractWithCustomerAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-URI http://asc.fasb.org/topic&trid=2122369
+ Details

Name: us-gaap_RevenueFromContractWithCustomerTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 70 R18.htm IDEA: XBRL DOCUMENT v3.19.3

Stock-Based Compensation
9 Months Ended

Sep. 30, 2019

Stock-Based Compensation

Stock-Based Compensation

10 — Stock-Based Compensation

Stock-based compensation was recognized as follows in the Condensed Statements of Operations:

Three Months Ended

Nine Months Ended

September 30,

September 30,



2019



2018



2019



2018

(unaudited)

(unaudited)

Cost of revenue

$

67,452

$

70,000

$

188,295

$

207,498

General and administrative

279,125

312,043

802,205

795,280

Sales and marketing

89,274

82,994

258,573

244,887

Research and development

19,790

38,519

57,357

114,299

Total

$

455,641

$

503,556

$

1,306,430

$

1,361,964

As of September 30, 2019, we had $581,768 of unrecognized compensation cost related to unvested stock options, which is expected to be recognized over a weighted-average period of 3.8 years. As of September 30, 2019, we had $4,138,350 of unrecognized compensation cost related to unvested restricted stock units, which is expected to be recognized over a weighted-average period of 3.1 years.

The following table presents a summary of our stock-based compensation activity for the nine months ended September 30, 2019 (shares):

Stock

Restricted



Options



Stock Units

Outstanding beginning of period

1,129,463

226,501

Awards granted

50,000

106,823

Awards exercised/vested

(252,551)

(33,144)

Awards canceled

(750)

(13,246)

Outstanding end of period

926,162

286,934

The weighted-average grant-date fair value of options granted during the nine months ended September 30, 2019 was $11.84.

Warrants

Associated with our IPO completed on July 21, 2014, we issued Underwriters Warrants (the "Warrants") to purchase up to a total of 201,600 shares of our common stock. The grant date aggregate fair value of the Warrants was $611,000. The Warrants were exercisable, in whole or in part, commencing July 21, 2015 through July 21, 2017. The Warrants were exercisable at $8.125 per share, or 130 percent of the public offering price per share of our common stock in the IPO. On the grant date, we classified the Warrants as equity and incremental direct costs associated with our IPO. Accordingly, the issuance of the Warrants had no impact our financial statements.

The exercise price and number of Warrant shares may be adjusted (1) voluntarily at our discretion, or (2) if we undertake a stock split, stock dividend, recapitalization or reorganization of our common stock into a lesser / greater number of shares, the Warrant exercise price will be proportionately reduced / increased and the number of Warrant shares will be proportionately increased / decreased. The Warrant may only be settled through the issuance of our common stock in exchange for cash.

On July 17, 2017, our Board of Directors approved a modification to the Warrants. This modification extended the expiration date of the Warrants from July 17, 2017 to July 17, 2019 and revised the strike price from $8.125 to $10.05. The fair value of the amended Warrants was $2.42 per share as measured using the Black-Scholes options pricing model.

During the three months ended September 30, 2019, 162,031 warrants were exercised. As of September 30, 2019, no Warrants remained outstanding.

X

- Definition
The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.
+ References
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-URI http://asc.fasb.org/topic&trid=2228938

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-URI http://asc.fasb.org/subtopic&trid=2208855
+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 71 R56.htm IDEA: XBRL DOCUMENT v3.19.3

Commitments and Contingencies (Details) - USD ($)

Sep. 30, 2019

Dec. 31, 2018

Purchase commitments

Purchase commitments $ 3,172,831 $ 2,674,691

X

- References
No definition available.
+ Details

Name: irmd_PurchaseCommitmentAbstract

Namespace Prefix: irmd_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Minimum amount of purchase arrangement in which the entity has agreed to expend funds to procure goods or services from a supplier.
+ References
No definition available.
+ Details

Name: us-gaap_PurchaseObligation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 72 R52.htm IDEA: XBRL DOCUMENT v3.19.3

Leases (Details)
1 Months Ended 9 Months Ended

Jan. 31, 2014

USD ($)

Sep. 30, 2019

Lessee, Lease, Description [Line Items]

Lessee, operating lease, existence of option to extend true

Lessee, operating lease, existence of option to terminate true

Lessee, operating lease, existence of residual value guarantee false

Susi, LLC | Winter Springs, Florida Facility

Lessee, Lease, Description [Line Items]

Monthly base rent $ 34,133

Number of successive renewal terms of lease 1

Renewal term of lease beginning in 2019 5 years

Renewal term of lease beginning in 2024 5 years

Renewal term lease thereafter 1 year

Remaining lease term (in years) 9 years 8 months 12 days

X

- Definition
Represents the term of the lessee's leasing arrangement renewal beginning in 2019, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
+ References
No definition available.
+ Details

Name: irmd_LesseeLeasingArrangementsOperatingLeasesRenewalTermBeginningInTwoThousandNineteen

Namespace Prefix: irmd_

Data Type: xbrli:durationItemType

Balance Type: na

Period Type: duration

X

- Definition
Represents the term of the lessee's leasing arrangement renewal beginning in 2024, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
+ References
No definition available.
+ Details

Name: irmd_LesseeLeasingArrangementsOperatingLeasesRenewalTermBeginningInTwoThousandTwentyFour

Namespace Prefix: irmd_

Data Type: xbrli:durationItemType

Balance Type: na

Period Type: duration

X

- Definition
Represents the term of the lessee's leasing arrangement renewal thereafter, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
+ References
No definition available.
+ Details

Name: irmd_LesseeLeasingArrangementsOperatingLeasesRenewalTermThereafter

Namespace Prefix: irmd_

Data Type: xbrli:durationItemType

Balance Type: na

Period Type: duration

X

- Definition
Term of lessee's operating lease remaining, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
+ References
No definition available.
+ Details

Name: irmd_LesseeOperatingLeaseRemainingLeaseTerm

Namespace Prefix: irmd_

Data Type: xbrli:durationItemType

Balance Type: na

Period Type: duration

X

- Definition
Represents the monthly base rent amount during the term of the lease.
+ References
No definition available.
+ Details

Name: irmd_MonthlyBaseRent

Namespace Prefix: irmd_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Represents the number of successive renewal term of lease.
+ References
No definition available.
+ Details

Name: irmd_NumberOfSuccessiveRenewalTermOfLease

Namespace Prefix: irmd_

Data Type: xbrli:integerItemType

Balance Type: na

Period Type: duration

X

- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details

Name: us-gaap_LesseeLeaseDescriptionLineItems

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicates (true false) whether lessee has option to extend operating lease.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (a)(3)
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918673-209980
+ Details

Name: us-gaap_LesseeOperatingLeaseExistenceOfOptionToExtend

Namespace Prefix: us-gaap_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicates (true false) whether lessee has option to terminate operating lease.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (a)(3)
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918673-209980
+ Details

Name: us-gaap_LesseeOperatingLeaseExistenceOfOptionToTerminate

Namespace Prefix: us-gaap_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicates (true false) whether lessee provided residual value guarantee for operating lease.
+ References
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (a)(4)
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918673-209980
+ Details

Name: us-gaap_LesseeOperatingLeaseExistenceOfResidualValueGuarantee

Namespace Prefix: us-gaap_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=irmd_SusiLLCMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=irmd_WinterSpringsFloridaFacilityMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2019	Oct. 31, 2019
Document and Entity Information
Entity Registrant Name	IRADIMED CORPORATION
Entity Central Index Key	0001325618
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		11,484,583
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Shell Company	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2019
Income Taxes
Income Taxes	11 — Income Taxes For the three and nine months ended September 30, 2019, we recorded a provision for income tax expense of $174,035 and $299,876, respectively. Our effective tax rate was 6.6 percent and 4.5 percent and differed from the U.S. Federal statutory rate primarily due to discrete items related to tax benefits associated with stock-based compensation and the foreign derived intangible income deduction, partially offset by U.S. state tax expense. For the three and nine months ended September 30, 2018, we recorded a provision for income tax benefit of $(909,619) and $(275,044), respectively. Our effective tax rate was (61.0) percent and (6.4) percent and differed from the U.S. Federal statutory rate primarily due to discrete items related to tax benefits associated with the exercise and sale of employee options and underwriters' warrants, partially offset by U.S. state tax expense. As of September 30, 2019 and December 31, 2018, we had not identified or accrued for any uncertain tax positions. We are currently unaware of any uncertain tax positions that could result in significant payments, accruals or other material deviations in this estimate over the next 12 months. We believe that our tax positions comply in all material respects with applicable tax law. However, tax law is subject to interpretation, and interpretations by taxing authorities could be different from ours, which could result in the imposition of additional taxes and penalties. We file tax returns in the United States Federal jurisdiction and many U.S. state jurisdictions. The Company is subject to income tax examinations for our United States Federal and certain U.S. state income taxes for 2015 and subsequent years and various other U.S. state income taxes for 2014 and subsequent years.

Leases - Operating Lease Cost (Details) - USD ($)	3 Months Ended	9 Months Ended
Leases - Operating Lease Cost (Details) - USD ($)	Sep. 30, 2019	Sep. 30, 2019
Leases
Operating lease cost	$ 102,398	$ 307,196
Cost of revenue
Leases
Operating lease cost	46,535	139,604
General and administrative
Leases
Operating lease cost	46,044	138,133
Sales and marketing
Leases
Operating lease cost	2,604	7,813
Research and development
Leases
Operating lease cost	$ 7,215	$ 21,646

Property and Equipment (Details) - USD ($)	3 Months Ended		9 Months Ended
Property and Equipment (Details) - USD ($)	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Property and equipment
Property and equipment, gross	$ 4,289,322		$ 4,289,322		$ 3,901,011
Accumulated depreciation	(2,316,191)		(2,316,191)		(2,031,450)
Total	1,973,131		1,973,131		1,869,561
Depreciation expense of property and equipment	122,834	$ 121,133	373,828	$ 345,592
Computer software and hardware
Property and equipment
Property and equipment, gross	562,984		562,984		555,292
Furniture and fixtures
Property and equipment
Property and equipment, gross	1,129,000		1,129,000		901,415
Leasehold improvements
Property and equipment
Property and equipment, gross	217,893		217,893		202,026
Machinery and equipment
Property and equipment
Property and equipment, gross	2,293,304		2,293,304		2,184,015
Tooling in-process
Property and equipment
Property and equipment, gross	$ 86,141		$ 86,141		$ 58,263

Fair Value Measurements (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Fair Value Measurements
Fair value assets, amount transferred between measurement levels	$ 0	$ 0
Fair value liabilities, amount transferred between measurement levels	0	0
Recurring
Fair Value Measurements
Total	3,926,904	6,349,915
Recurring \| U.S. corporations
Fair Value Measurements
Total	2,996,470	5,429,336
Recurring \| International corporations
Fair Value Measurements
Total	930,434	920,579
Recurring \| Significant Other Observable Inputs (Level 2)
Fair Value Measurements
Total	3,926,904	6,349,915
Recurring \| Significant Other Observable Inputs (Level 2) \| U.S. corporations
Fair Value Measurements
Total	2,996,470	5,429,336
Recurring \| Significant Other Observable Inputs (Level 2) \| International corporations
Fair Value Measurements
Total	$ 930,434	$ 920,579

Property and Equipment - Geographic information (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Property and equipment
Property and equipment, net	$ 1,973,131	$ 1,869,561
United States
Property and equipment
Property and equipment, net	1,587,554	1,439,545
International
Property and equipment
Property and equipment, net	$ 385,577	$ 430,016

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	Sep. 30, 2019	Sep. 30, 2018
Operating activities:
Net income	$ 6,389,276	$ 4,596,437
Adjustments to reconcile net income to net cash provided by operating activities:
Change in allowance for doubtful accounts	27,532	26,146
Change in provision for excess and obsolete inventory	104,407	97,901
Depreciation and amortization	961,597	844,885
Stock-based compensation	1,306,430	1,361,964
Deferred income taxes, net	26,071	(272,056)
(Gain) loss on maturities of investments	(3,859)	22,486
Changes in operating assets and liabilities:
Accounts receivable	(2,742,517)	(1,466,476)
Inventory	(570,242)	(257,884)
Prepaid expenses and other current assets	(547,694)	(430,889)
Other assets	(150,386)	(19,833)
Accounts payable	293,810	203,918
Accrued payroll and benefits	434,328	298,646
Other accrued taxes	(48,216)	(23,221)
Warranty reserve	2,973	(20,587)
Deferred revenue	537,700	166,344
Other current liability		(150)
Prepaid income taxes, net of accrued income taxes	261,805	(1,293,989)
Other	859
Net cash provided by operating activities	6,283,874	3,833,642
Investing activities:
Purchases of investments		(1,124,512)
Proceeds from maturity of investments	2,522,000	1,730,000
Purchases of property and equipment	(196,369)	(150,609)
Capitalized intangible assets	(59,912)	(13,484)
Net cash provided by investing activities	2,265,719	441,395
Financing activities:
Proceeds from exercises of stock options and warrants	2,209,525	1,234,565
Taxes paid related to the net share settlement of equity awards	(149,398)	(16,414)
Net cash provided by financing activities	2,060,127	1,218,151
Net increase in cash and cash equivalents	10,609,720	5,493,188
Cash and cash equivalents, beginning of period	28,027,688	18,205,976
Cash and cash equivalents, end of period	38,637,408	23,699,164
Supplemental disclosure of cash flow information:
Cash paid for income taxes	12,000	1,291,160
Right-of-use asset recognized in exchange for new lease obligation	3,182,724
Operating and short-term lease payments recorded within cash flow from operating activities	$ 320,907	$ 355,125

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
CONDENSED STATEMENTS OF OPERATIONS
Revenue	$ 9,963,299	$ 7,614,655	$ 27,626,488	$ 22,099,591
Cost of revenue	2,168,208	1,826,716	6,074,323	5,229,141
Gross profit	7,795,091	5,787,939	21,552,165	16,870,450
Operating expenses:
General and administrative	2,609,722	2,181,839	7,482,790	6,563,727
Sales and marketing	2,297,002	1,784,418	6,607,477	4,946,398
Research and development	369,526	373,583	1,053,409	1,149,397
Total operating expenses	5,276,250	4,339,840	15,143,676	12,659,522
Income from operations	2,518,841	1,448,099	6,408,489	4,210,928
Other income, net	110,064	42,555	280,663	110,465
Income before provision for income taxes	2,628,905	1,490,654	6,689,152	4,321,393
Provision for income tax expense (benefit)	174,035	(909,619)	299,876	(275,044)
Net income	$ 2,454,870	$ 2,400,273	$ 6,389,276	$ 4,596,437
Net income per share:
Basic (in dollars per share)	$ 0.22	$ 0.22	$ 0.57	$ 0.43
Diluted (in dollars per share)	$ 0.20	$ 0.20	$ 0.52	$ 0.38
Weighted average shares outstanding:
Basic (in shares)	11,369,404	10,824,421	11,188,761	10,695,601
Diluted (in shares)	12,309,948	12,195,870	12,248,102	12,059,694

Commitments and Contingencies (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Purchase commitments
Purchase commitments	$ 3,172,831	$ 2,674,691

Leases (Details)	1 Months Ended	9 Months Ended
Leases (Details)	Jan. 31, 2014 USD ($)	Sep. 30, 2019
Lessee, Lease, Description [Line Items]
Lessee, operating lease, existence of option to extend		true
Lessee, operating lease, existence of option to terminate		true
Lessee, operating lease, existence of residual value guarantee		false
Susi, LLC \| Winter Springs, Florida Facility
Lessee, Lease, Description [Line Items]
Monthly base rent	$ 34,133
Number of successive renewal terms of lease	1
Renewal term of lease beginning in 2019	5 years
Renewal term of lease beginning in 2024	5 years
Renewal term lease thereafter	1 year
Remaining lease term (in years)		9 years 8 months 12 days

September 30,

December 31,

(unaudited)

Capitalized contract costs