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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 31,103,165 $ 30,980,473
Accounts receivable 8,613,358 7,218,367
Prepaid and other current assets 861,782 1,055,816
Total current assets 40,578,305 39,254,656
Other assets    
Property and equipment - net of accumulated depreciation 202,319 243,039
Right of use assets - operating leases 396,809 768,441
Patents and patent applications - net of accumulated amortization 13,344 14,373
Other non-current assets 1,051,234 0
Total assets 42,242,011 40,280,509
Current liabilities    
Accounts payable and accrued expenses 2,553,416 1,316,773
Accrued salaries and wages 1,435,189 1,237,661
Royalty payable 1,951,677 1,620,182
Deferred revenue 360,041 918,272
Operating leases - current 400,571 516,931
Total current liabilities 6,700,894 5,609,819
Long-term liabilities    
Operating leases - long term 0 254,664
Total long-term liabilities 0 254,664
Total liabilities 6,700,894 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 September 30, 2020 and December 31, 2019, respectively 4,259 4,187
Additional paid-in capital 99,654,992 97,239,455
Accumulated other comprehensive loss (114,644) 0
Accumulated deficit (64,003,490) (62,827,616)
Total stockholders' equity 35,541,117 34,416,026
Total liabilities and stockholders' equity $ 42,242,011 $ 40,280,509