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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 900,289 $ 1,263,513
Accounts receivable - net 1,032,298 904,474
Inventories 994,611 994,085
Prepaid expenses 450,606 415,309
Total current assets 3,377,804 3,577,381
Property and equipment:    
Equipment 4,321,336 4,216,246
Leasehold improvements 3,113,898 3,065,644
Construction and equipment in progress 261,196 235,051
Property and equipment gross 7,696,430 7,516,941
Less accumulated depreciation and amortization 2,592,367 2,366,927
Net property and equipment 5,104,063 5,150,014
Deferred tax asset 3,294,319 3,232,406
Deferred contract cost 864,590 810,044
Goodwill 278,466 278,466
Operating lease right of use assets 6,002,700 6,003,044
Other assets including long-term portion of receivables - net 398,497 324,402
Total assets 19,320,439 19,375,757
Current liabilities:    
Accounts payable and accrued expenses 739,858 919,157
Current portion of operating lease liability 685,306 656,146
Current portion of Corbel loan payable 166,665 0
Total current liabilities 1,591,829 1,575,303
Long-term obligations:    
Term loan payable to Corbel - net of current portion 7,949,523 7,898,941
Corbel warrant value 29,037 29,037
Convertible notes payable 610,046 597,229
Operating lease liabilities - net of current portion 5,551,696 5,570,639
Deferred contract income 864,590 810,044
Total long-term liabilities 15,004,892 14,905,890
Stockholders' equity:    
Common stock - no par value (40,000,000 shares authorized, 22,215,512 issued and outstanding as of December 31, 2021 and as of June 30, 2022) 24,807,679 24,791,568
Accumulated deficit (22,083,961) (21,897,004)
Total stockholders' equity 2,723,718 2,894,564
Total liabilities and stockholders' equity $ 19,320,439 $ 19,375,757