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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 30,502,390 $ 30,980,473
Accounts receivable 6,286,285 7,218,367
Prepaid and other current assets 1,892,856 1,055,816
Total current assets 38,681,531 39,254,656
Other assets    
Property and equipment - net of accumulated depreciation 233,448 243,039
Right of use assets - operating leases 508,120 768,441
Patents and patent applications - net of accumulated amortization 13,687 14,373
Total assets 39,436,786 40,280,509
Current liabilities    
Accounts payable and accrued expenses 1,419,770 1,316,773
Accrued salaries and wages 987,772 1,237,661
Royalty payable 1,403,832 1,620,182
Deferred revenue 817,472 918,272
Operating leases - current 476,904 516,931
Total current liabilities 5,105,750 5,609,819
Long-term liabilities    
Operating leases - long term 34,778 254,664
Total long-term liabilities 34,778 254,664
Total liabilities 5,140,528 5,864,483
Stockholders' equity    
Common stock; par value $0.001; 200,000,000 shares authorized; 4,258,105 and 4,186,438 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 4,259 4,187
Additional paid-in capital 99,331,183 97,239,455
Accumulated other comprehensive loss (310,720) 0
Accumulated deficit (64,728,464) (62,827,616)
Total stockholders' equity 34,296,258 34,416,026
Total liabilities and stockholders' equity $ 39,436,786 $ 40,280,509