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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 16,537,259 $ 24,404,368
Accounts receivable 41,491 19,384
Inventory, net 246,374
Vendor deposits 86,250 715,603
Prepaid expenses 470,525 300,169
Security deposit 4,064 4,064
TOTAL CURRENT ASSETS 17,139,589 25,689,962
NON-CURRENT ASSETS    
Property and equipment, net 1,449,969 1,029,875
Goodwill 2,061,022 2,061,022
Security deposit 67,714 67,714
TOTAL ASSETS 20,718,294 28,848,573
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable and accrued liabilities 750,502 852,155
Accrued bonus and severance 755,074 849,703
Accrued interest 56,458 54,219
Current portion of term loan, net of discount and fees 1,952,258
Other current liabilities 26,545 59,614
TOTAL CURRENT LIABILITIES 3,540,837 1,815,691
NON-CURRENT LIABILITIES    
Accrued interest 253,920 89,717
Term loan, net of discount and fees 5,175,032 6,942,151
Warrant liability 8,224,992 15,242,915
Other liabilities 124,370 141,707
TOTAL LIABILITIES 17,319,151 24,232,181
Commitments and contingencies (Note 7)
STOCKHOLDERS' EQUITY    
Preferred stock; $0.001 par value; 10,000,000 shares authorized; none issued and outstanding
Common stock; $0.001 par value; 100,000,000 shares authorized; 8,738,163 and 8,722,823 shares issued and outstanding 8,739 8,723
Additional paid-in capital 72,772,537 71,939,917
Accumulated deficit (69,382,133) (67,332,248)
TOTAL STOCKHOLDERS' EQUITY 3,399,143 4,616,392
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 20,718,294 $ 28,848,573