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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities    
Net Loss $ (30,004,667) $ (28,884,390)
Non-Cash Adjustments    
Depreciation and Amortization 1,700,766 1,453,367
Amortization of Software Development Costs and Prepaid Licenses in Cost of Sales 125,000 180,296
Stock-Based Compensation 12,016,334 12,830,782
Impairment of Patents and Trademarks 97,676 66,040
Loss on Fixed Asset Disposal   83,908
(Increase) Decrease in Operating Assets    
Accounts Receivable (875,607) 330,092
Accrued Revenues in Excess of Billings (393,250)  
Inventories, Net (77,490) (3,779,513)
Manufacturing Vendor Prepayments 73,330 (1,417,100)
Prepaid Expenses and Other Assets (417,298) (238,066)
Increase (Decrease) in Operating Liabilities    
Accounts Payable 141,828 (34,346)
Accrued Expenses (244,935) 602,293
Unearned Revenue (3,425) (26,901)
Income and Other Taxes Payable (73,637) (75,890)
Net Cash Flows Used in Operating Activities (17,935,375) (18,909,428)
Cash Flows from Investing Activities    
Purchases of Fixed Assets (5,203,562) (3,592,703)
Investments in Patents and Trademarks (362,981) (442,582)
Investments in Licenses, Intangibles and Other Assets (6,125,000) (305,158)
Net Cash Flows Used in Investing Activities (11,691,543) (4,340,443)
Cash Flows from Financing Activities    
Proceeds from Exercise of Warrants   34,705,068
Proceeds from Exercise of Stock Options 48,505 713,703
Proceeds from Common Stock Offering, Net   91,652,617
Purchases of Treasury Stock (251,057)  
Preferred Dividend Settlement Payment   (10,000,000)
Employee Tax Withholdings Payment   (1,144,364)
Net Cash Flows (Used in) Provided from Financing Activities (202,552) 115,927,024
Net (Decrease) Increase in Cash and Cash Equivalents (29,829,470) 92,677,153
Cash and Cash Equivalents - Beginning of Period 120,203,873 36,069,508
Cash and Cash Equivalents - End of Period 90,374,403 128,746,661
Supplemental Disclosures    
Unamortized Common Stock Expense included in Prepaid Expenses and Other Assets 1,204,942 1,729,646
Non-Cash Investment in Licenses 9,000,000 1,341,614
Stock-Based Compensation Expense - Expensed less Previously Issued $ (71,502) $ (1,547,536)