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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 2,317,659 $ 4,188,623
Restricted cash 130,326 256,005
Accounts receivable, net of $50,000 allowance for doubtful accounts 2,217,877 2,025,284
Inventory 1,563,593 1,651,246
Prepaid expenses and other current assets 285,580 261,324
Total current assets 6,515,035 8,382,482
Property, plant and equipment, net 5,014,494 4,805,640
Investment 324,930 484,930
Other assets 90,319 83,376
Goodwill 2,453,597 2,453,597
Other intangible assets, net 881,411 1,220,752
Total assets 15,279,786 17,430,777
Current liabilities:    
Accounts payable 1,347,491 728,652
Accrued expenses and deferred revenue 1,106,346 989,154
Other current liabilities 2,255,942 2,953,629
Short-term debt 3,645,760
Current portion of long-term debt, net 713,427 966,506
Total current liabilities 5,423,206 9,283,701
Long-term debt, net 1,721,936 1,734,171
Other long-term liabilities 391,325 1,501,064
Deferred tax liability, net 168,986 125,982
Commitments and contingencies (Note 12)
Stockholders' equity    
Common stock, $.02 par value; 200,000,000 shares authorized, 17,425,858 shares issued and outstanding (16,599,327 on December 31, 2017) 348,517 331,987
Additional paid-in capital 107,624,666 106,633,708
Subscription receivable, net (300,000)
Accumulated other comprehensive loss (7,052) (23,069)
Accumulated deficit (100,391,798) (101,856,767)
Total stockholders' equity 7,574,333 4,785,859
Total liabilities and stockholders' equity $ 15,279,786 $ 17,430,777