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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 20,106,377 $ 14,770,584
Accounts receivable 410,761 141,029
Other receivables 319,211 135,957
Inventory 422,077 372,249
Prepaid expenses 439,657 565,299
Other current assets 0 110,347
Total current assets 21,698,083 16,095,465
Investments 13,299,407 6,886,033
Property, plant and equipment, net 1,726,418 1,280,410
Goodwill 7,678,787 7,678,789
Intangibles, net 16,323,642 11,156,676
Long-term prepaid expenses and other assets 1,150,296 587,729
Total assets (1) 61,876,633 43,685,102
Liabilities:    
Accounts payable 146,369 426,917
Accrued expenses 2,574,829 2,074,384
Taxes payable 615,800 814,288
Advances payable to related party 0 36,254
Other current liabilities 1,382,798 724,479
Total current liabilities 4,719,796 4,076,322
Other non-current liabilities 231,085 452,689
Total liabilities (1) $ 4,950,881 $ 4,529,011
Commitments and Contingencies (note 14)
Stockholders' equity:    
Preferred stock, par value $.001, 50,000,000 shares authorized; none issued and outstanding as of September 30, 2015 and December 31, 2014, respectively $ 0 $ 0
Common stock, par value $.001, 300,000,000 shares authorized; 11,656,857 and 10,990,335 issued and outstanding as of September 30, 2015 and December 31, 2014, respectively 11,657 10,990
Additional paid in capital 101,312,047 75,467,316
Accumulated deficit (52,346,434) (37,890,590)
Accumulated other comprehensive income (loss) 7,948,482 1,568,375
Total stockholders' equity 56,925,752 39,156,091
Total liabilities and stockholders' equity $ 61,876,633 $ 43,685,102