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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:    
Net loss $ (12,580,209) $ (8,325,488)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 163,262 46,945
Warranty provision 30,364 13,495
Inventory write-off (68,108) (193,506)
Non-cash lease expense 121,843 80,069
Share-based compensation 2,236,743 1,536,096
Debt forgiveness income (416,683) 0
Non-cash interest expense 2,321 0
Common shares issued for services 0 102,600
Provision for doubtful accounts 10,140 0
Changes in assets and liabilities:    
Accounts receivable (1,685,727) (190,951)
Inventories (342,741) (1,892,768)
Prepaid expenses and other current assets (508,498) (136,084)
Accounts payable 825,382 174,052
Operating lease liability (128,132) (62,851)
Customer deposits (341,629) 343,724
Accrued liabilities and other 492,564 112,346
Deferred compensation 0 (96,000)
Warranty settlement 3,853 0
Deferred revenue (1,669) 2,684
Net cash used in operating activities (12,186,924) (8,485,637)
Cash Flows From Investing Activities:    
Purchase of short-term investments (34,979,511) 0
Proceeds from maturities of short-term investments 10,000,000 0
Capital expenditures for property and equipment (248,897) (256,742)
Investment in patents and trademarks (128,914) (114,274)
Purchase of intangible assets (543,563) 0
Business acquisition (210,000) 0
Long-term deposits 0 (11,169)
Net cash used in investing activities (26,110,885) (382,185)
Cash Flows From Financing Activities:    
Sale of common stock and warrants 12,400,002 12,499,994
Offering costs paid on sale of stock and warrants (732,796) (1,148,780)
Proceeds from exercise of warrants 26,190,483 2,112,117
Offering costs paid on exercise of warrants (1,016,645) (28,666)
Proceeds from exercise of stock options 705,350 58,125
Proceeds from bank note 414,362 0
Net cash provided by financing activities 37,960,756 13,492,790
Net increase (decrease) in cash and cash equivalents (337,053) 4,624,968
Cash and cash equivalents, beginning of period 16,983,864 12,358,896
Cash and cash equivalents, end of period 16,646,811 16,983,864
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Business acquisition liability 297,500 0
Business acquisition cost in deferred revenue 15,000 0
Change in unrealized gain on short-term investments 14,849 0
Right-of-use assets and liabilities recorded during period 0 341,000
Issuance costs relating to warrants issued to public offering selling agent $ 0 $ 205,894