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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (4,394,074) $ (6,491,074)
Adjustments to reconcile net loss to net cash flows provided by operating activities:    
Provision for gains on accounts receivable (7,147) (2,784)
Loss on disposal of equipment and deposits on equipment 169,797 83,322
Share based compensation 3,459,094 5,490,090
Fair value adjustment for outstanding warrants (19,007) (405,083)
Change in reserve for inventory obsolescence 113,581 32,877
Depreciation and amortization 6,958,113 5,543,031
Amortization of deferred financing costs and loan discount 109,678 108,961
Changes in operating assets and liabilities    
Accounts receivable (1,631,493) (1,666,171)
Inventories 419,060 479,251
Prepaid expenses and other current assets (550,392) 995,823
Other assets (324,893) (164,798)
Accounts payable 571,388 1,698,144
Accrued expenses 2,445,710 (732,021)
Net cash flows provided by operating activities 7,319,415 4,969,568
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of short-term investments   (7,499,205)
Proceeds from maturities of short-term investments 3,250,000 3,750,000
Acquisitions of property, plant and equipment, software and deposits on equipment (26,096,094) (17,565,512)
Acquisitions of land and building   (4,984,501)
Proceeds from sale of equipment 12,513 29,400
Net cash flows used in investing activities (22,833,581) (26,269,818)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Exercise of options to purchase common stock 1,981,066 291,750
Proceeds from borrowings under Credit Facilities 10,000,000  
Repayment of borrowings under Credit Facilities (1,000,000)  
Net cash flows provided by financing activities 10,981,066 291,750
NET CHANGE IN CASH AND CASH EQUIVALENTS (4,533,100) (21,008,500)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 8,029,413 36,259,252
CASH AND CASH EQUIVALENTS, END OF PERIOD 3,496,313 15,250,752
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 363,991 175,577
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Property, plant and equipment purchases in accounts payable $ 472,362 $ 577,689