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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 13,317,581 $ 4,465,455
Accounts receivable, net 308,523 424,287
Inventories, net 759,803 439,533
Prepaid expenses and other 790,290 820,206
Total Current Assets 15,176,197 6,149,481
Restricted cash 75,000 75,000
Deferred offering costs   219,240
Equipment, net 105,589 154,972
Total Assets 15,356,786 6,598,693
Current Liabilities:    
Convertible note payable, net of discount of $553 and $676,703 at September 30, 2020 and December 31, 2019, respectively 78,045 1,763,887
Accounts payable and accrued expenses 2,122,140 1,738,490
Derivative liabilities   378,239
Deferred revenue 6,684 2,913
Total Current Liabilities 2,206,869 3,883,529
Long-term debt, net of discount of $36,169 at December 31, 2019   888,961
Other long-term liabilities 165,889  
Deferred revenue 1,495 1,495
Total Liabilities 2,374,253 4,773,985
Commitments and Contingencies
Stockholders’ Equity:    
Common stock par value $0.0001 per share, 100,000,000 shares authorized; 4,561,469 and 574,524 shares issued as of September 30, 2020 and December 31, 2019, respectively; and 4,561,442 and 574,497 shares outstanding at September 30, 2020 and December 31, 2019, respectively 456 57
Additional paid-in capital 78,980,021 57,957,097
Accumulated deficit (65,991,480) (56,125,982)
Treasury stock, 27 shares at cost (6,464) (6,464)
Total Stockholders’ Equity 12,982,533 1,824,708
Total Liabilities and Stockholders’ Equity $ 15,356,786 $ 6,598,693