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Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows From Operating Activities:    
Net loss $ (5,162,478) $ (3,394,855)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 52,586 12,573
Warranty provision 18,909 3,503
Inventory write-off (48,000) (65,012)
Non-cash lease expense 59,800 22,211
Share-based compensation 1,016,235 600,898
Provision for doubtful accounts 10,140 0
Changes in assets and liabilities:    
Accounts receivable (306,979) (26,863)
Inventories 206,036 (1,032,308)
Prepaid expenses and other current assets (29,323) (71,182)
Accounts payable 376,322 183,478
Operating lease liability (62,369) (20,893)
Customer deposits (193,019) 0
Accrued liabilities and other 165,425 59,416
Deferred revenue (200) 3,357
Net cash used in operating activities (3,896,915) (3,725,677)
Cash Flows From Investing Activities:    
Capital expenditures for property and equipment (68,584) (108,616)
Investment in patents and trademarks (82,003) (68,501)
Long-term deposits 0 (11,169)
Net cash used in investing activities (150,587) (188,286)
Cash Flows From Financing Activities:    
Sale of common stock and warrants 12,400,002 12,499,994
Offering costs paid on sale of common stock and warrants (732,796) (1,148,780)
Proceeds from exercise of warrants 10,250,532 1,557,285
Offering costs paid on exercise of warrants (398,091) 0
Proceeds from exercise of stock options 514,875 24,375
Proceeds from bank note 414,362 0
Net cash provided by financing activities 22,448,884 12,932,874
Net decrease in cash and cash equivalents 18,401,382 9,018,911
Cash and cash equivalents, beginning of period 16,983,864 12,358,896
Cash and cash equivalents, end of period 35,385,246 21,377,807
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Right-of-use assets and liabilites recorded during period 0 341,000
Issuance costs relating to warrants issued to public offering selling agent $ 0 $ 205,894