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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 1,719,089 $ 8,029,413
Short-term investments   3,250,000
Accounts receivable, net of allowance for doubtful accounts 8,226,216 7,030,719
Inventories, net 7,864,626 6,853,447
Prepaid expenses and other current assets 792,129 229,631
Total Current Assets 18,602,060 25,393,210
Property, plant and equipment, net 99,119,154 82,793,007
Deposits on equipment 2,959,216 3,243,519
Other assets 1,781,860 1,667,838
Total Assets 122,462,290 113,097,574
CURRENT LIABILITIES:    
Accounts payable 7,397,999 6,668,643
Accrued expenses 4,960,313 2,274,557
Accrued warrants 232,489 204,314
Short-term borrowings under line of credit 8,000,000  
Total Current Liabilities 20,590,801 9,147,514
Total Liabilities 20,590,801 9,147,514
STOCKHOLDERS' EQUITY:    
Common stock — voting, $0.001 par value, 200,000,000 shares authorized, 33,573,804 and 33,536,940 issued and outstanding on June 30, 2016 and December 31, 2015, respectively 33,573 33,537
Additional paid-in capital 295,421,183 292,484,986
Accumulated deficit (193,583,267) (188,568,463)
Total Stockholders' Equity 101,871,489 103,950,060
Total Liabilities and Stockholders' Equity $ 122,462,290 $ 113,097,574