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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (5,014,804) $ (4,815,724)
Adjustments to reconcile net loss to net cash flows provided by operating activities:    
Provision for losses on accounts receivable 10,403 24,001
Loss on disposal of equipment and deposits on equipment 158,612 80,679
Share based compensation 2,671,418 3,664,450
Fair value adjustment for outstanding warrants 28,175 70,163
Change in reserve for inventory obsolescence 128,112 (5,031)
Depreciation and amortization 4,237,677 3,624,282
Amortization of deferred financing costs and loan discount 72,069 70,974
Changes in operating assets and liabilities    
Accounts receivable (1,205,900) (961,132)
Inventories (1,139,291) (492,074)
Prepaid expenses and other current assets (562,498) 601,725
Other assets (160,372) (44,947)
Accounts payable 1,534,916 739,238
Accrued expenses 2,685,756 (497,140)
Net cash flows provided by operating activities 3,444,273 2,059,464
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of short-term investments   (7,499,205)
Proceeds from maturities of short-term investments 3,250,000  
Acquisitions of property, plant and equipment, software and deposits on equipment (21,248,425) (10,035,332)
Acquisitions of land and building   (4,979,710)
Proceeds from sale of equipment 10,672  
Net cash flows used in investing activities (17,987,753) (22,514,247)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Exercise of options to purchase common stock 233,156 242,456
Proceeds from borrowings under line of credit 8,000,000  
Net cash flows provided by financing activities 8,233,156 242,456
NET CHANGE IN CASH AND CASH EQUIVALENTS (6,310,324) (20,212,327)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 8,029,413 36,259,252
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,719,089 16,046,925
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 131,302 99,744
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Property, plant and equipment purchases in accounts payable $ 1,232,743 $ 1,975,350