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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Accounting Policies [Abstract]    
Schedule of inventory
   September 30,
2020
   December 31,
2019
 
Raw Material  $784,297   $372,101 
Work in Process   116,709    - 
Finished Goods   73,994    55,415 
TOTAL INVENTORY  $975,000   $427,516 

 

   Years Ended December 31, 
   2019   2018 
Raw material  $372,101   $307,947 
Finished goods   55,415    39,998 
Total inventory  $427,516   $347,945 

 

Schedule of changes in fair value associated with level 3 liabilities
   Fair Value Measurements
Using Significant  
Unobservable Inputs
(Level 3)
 
   Nine Months
Ended
September 30,
2020
   Year ended
December 31,
2019
 
         
Balance, beginning of period  $
-
   $
         -
 
Issuances of derivative liability   (32,906)   
-
 
Change in fair value of derivative liability   (136,323)   
-
 
Balance, end of period  $(169,229)  $
-
 

 

   Fair Value Measurements Using Significant Unobservable Inputs
(Level 3)
 
   December 31, 
   2019   2018 
Balance, beginning of period  $-   $(166,093)
Issuances of derivative liability   
-
    
-
 
Reclassification to additional paid in capital   -    1,141,995 
Change in fair value of derivative liability   -    (975,902)
Balance, end of period  $
-
   $
-
 

 

Schedule of disaggregation of revenue
   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
   2020   2019   2020   2019 
Type of Revenue                
Product revenue  $245,075   $61,182   $1,043,585   $212,905 
Service revenue   16,410    26,950    53,500    100,459 
Development revenue   351,248    
-
    866,119    
-
 
Other revenue   1,293    -    6,394    219 
Total revenue  $614,026   $88,132   $1,969,598   $313,583 

 

   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
   2020   2019   2020   2019 
Timing of Revenue                
Revenue recognized point in time  $331,528   $79,166   $1,170,409   $281,333 
Revenue recognized over time   282,498    8,966    799,189    32,250 
Total revenue  $614,026   $88,132   $1,969,598   $313,583 

 

   Years Ended December 31, 
   2019   2018 
Type of Revenue        
Product revenue  $212,905   $125,664 
Service revenue   107,478    64,365 
Total revenue  $320,383   $190,029 

  

   Years Ended December 31, 
   2019   2018 
Timing of Revenue        
Revenue recognized point in time  $281,333   $147,863 
Revenue recognized over time   39,050    42,166 
Total revenue  $320,383   $190,029 

 

Schedule of deferred warranty activity
   Nine Months Ended
September 30,
2020
   Year Ended
December 31,
2019
 
Balance at beginning of period  $378,850   $20,631 
Additions   1,046,250    397,269 
Transfer to revenue   (1,115,882)   (39,050)
Balance at end of period  $309,218   $378,850 

 

   Years Ended December 31, 
   2019   2018 
Balance, beginning of year  $20,631   $30,690 
Additions   20,826    32,106 
Transfer to revenue   (39,050)   (42,166)
Balance, end of year  $2,467   $20,631 

 

Schedule of lease costs
   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
   2020   2019   2020   2019 
Components of total lease costs:                
Operating lease expense  $80,725   $148,922   $246,680   $445,148 
Short-term lease costs (1)   2,100    11,122    7,650    38,626 
Sublease rental income   (20,245)   
-
    (70,858)   
-
 
Total lease costs  $62,580   $160,044   $183,472   $483,774 

 

(1) Represents short-term leases which are immaterial.

 

   Year ended
December 31,
2019
 
Components of total lease costs:    
Operating lease expense  $593,707 
Short-term lease costs (1)   46,575 
Total lease costs  $640,282 

 

Schedule of ROU lease assets and lease liabilities
   As of
September 30,
2020
   As of
December 31,
2019
 
Assets:        
Operating lease assets  $125,258   $331,419 
Total lease assets  $125,258   $331,419 
           
Liabilities:          
Operating lease liabilities, current  $183,995   $489,407 
Operating lease liabilities, net of current   
-
    52,449 
Total lease liabilities  $183,995   $541,856 

 

   As of
December 31,
2019
 
Assets:    
Operating lease assets  $331,419 
Total lease assets  $331,419 
      
Liabilities:     
Operating lease liabilities, current  $489,406 
Operating lease liabilities, net of current   52,449 
Total lease liabilities  $541,855 

 

Schedule of operating leases
   Nine Months Ended
September 30,
 
   2020   2019 
Operating cash flows for operating leases  $398,374   $340,044 
Weighted average remaining lease term (in years) – operating lease   0.4    2.3 
Weighted average discount rate – operating lease   14%   14%

 

   Year ended
December 31,
2019
 
Cash paid for amounts included in the measurement of lease liabilities:     
Operating cash flows for operating leases  $570,568 

 

Schedule of future minimum lease payments
Years ending December 31,    
2020 (3 months)  $132,791 
2021   57,153 
Total future minimum lease payments   189,944 
Lease imputed interest   (5,949)
Total  $183,995 

 

Years ending December 31,    
2020  $531,166 
2021   57,153 
Thereafter   
-
 
Total future minimum lease payments   588,319 
Lease imputed interest   (46,464)
Total  $541,855 

 

Schedule of EPS computations
   Three Months Ended
September 30,
   Nine Months ended
September 30,
 
NUMERATOR:  2020   2019   2020   2019 
Basic and diluted - net  $(3,325,880)  $(5,225,314)  $(9,353,706)  $(16,135,767)
                     
DENOMINATOR:                    
Weighted average number of shares of common stock outstanding   19,756,465    16,910,643    19,756,175    16,851,371 
Weighted average number of shares of common stock underlying vested restricted stock units   240,863    50,396    141,418    34,486 
Weighted average number of shares of common stock underlying shares issuable for warrants with minimal consideration   46,893    1,529    46,892    515 
Basic EPS – weighted average number of shares outstanding   20,044,221    16,962,568    19,944,485    16,886,372 
Effect of dilutive securities outstanding   
-
    
-
    
-
    
-
 
Diluted EPS – weighted average number of shares outstanding   20,044,221    16,962,568    19,944,485    16,886,372 

 

   Years Ended December 31, 
   2019   2018 
Warrants to purchase common stock   1,590,535    - 
Options to purchase common stock   225,001    - 
Restricted stock purchase offers   163,950    - 
Convertible debt   -    46,893 
Total potentially dilutive securities   1,979,486    46,893 

 

Schedule of potentially dilutive securities excluded from the computation of diluted net loss per share
   Nine months ended
September 30,
 
   2020   2019 
Warrants to purchase common stock   1,879,785    
-
 
Options to purchase common stock   499,674    
-
 
Restricted stock units   750,000    63,080 
Convertible debt   
-
    46,893 
Total potentially dilutive securities   3,129,459    109,973 

 

 
Schedule of concentration of customers
   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
Customer  2020   2019   2020   2019 
A   29%   
-
%   51%   -%
B   58%   -%   44%   -%
C   13%   -%   
-
%   -%
D   
-
%   -%   
-
%   44%
E   
-
%   85%   
-
%   36%
F   -%   -%   -%   18%

 

   Years Ended December 31, 
Customer  2019   2018 
A   45%   17%
B   18%   76%
C   36%   0%

 

Schedule of lease terms and discount rate  
Weighted average remaining lease term (in years) – operating lease   1.1 
Weighted average discount rate – operating lease   14%