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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 160,829,713 $ 161,613,077
Accounts receivable, net of allowance for doubtful accounts of $904,040 and $596,602, respectively 24,395,958 11,063,821
Inventory 11,860,716 3,267,670
Other current assets 11,329,793 10,834,693
Total current assets 208,416,180 186,779,261
Fixed assets, net 2,507,775 472,683
Other Assets:    
License rights, net 39,221,308 20,000,000
Intangible assets, net 5,258,211 4,092,679
Right of use asset 10,109,154
Other assets 473,009 639,301
Total other assets 55,061,682 24,731,980
Total assets 265,985,637 211,983,924
Current Liabilities:    
Accounts payable 19,181,212 22,743,841
Other current liabilities 33,823,613 18,334,948
Total current liabilities 53,004,825 41,078,789
Long-Term Liabilities:    
Long-term debt 194,634,643 73,381,014
Operating lease liability 9,145,049
Total liabilities 256,784,517 114,459,803
Stockholders’ Equity:    
Preferred stock - par value $0.001; 10,000,000 shares authorized; no shares issued and outstanding
Common stock - par value $0.001; 350,000,000 shares authorized: 271,177,076 and 240,462,439 issued and outstanding, respectively 271,177 240,463
Additional paid-in capital 704,351,222 616,559,938
Accumulated deficit (695,421,279) (519,276,280)
Total stockholders’ equity 9,201,120 97,524,121
Total liabilities and stockholders’ equity $ 265,985,637 $ 211,983,924