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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 9,369,624 $ 1,976,594
Short-term investments 13,573,057 0
Accounts receivable, net 6,770,838 8,191,391
Inventories 7,235,043 4,584,844
Other 571,527 834,076
Total current assets 37,520,089 15,586,905
Property, plant, and equipment, net 2,115,316 2,554,822
Goodwill 18,749,888 18,749,888
Other intangibles, net 9,482,578 11,846,009
Long-term investments 5,344,004 0
Deferred tax assets and other 163,427 269,121
Total assets 73,375,302 49,006,745
Current liabilities:    
Accounts payable 2,689,035 2,209,473
Income tax payable 113,191 20,866
Accrued liabilities:    
Compensation 4,670,640 3,281,809
Deferred revenue 597,524 307,936
Other 838,272 641,561
Total current liabilities 8,908,662 6,461,645
Convertible debt - related party, net 0 23,336,854
Interest payable 0 757,615
Accrued pension liability 308,918 663,071
Deferred rent 639,019 671,088
Other 278,780 157,453
Total liabilities 10,135,379 32,047,726
Commitments and contingencies
Shareholders' equity:    
Common stock $.01 par value; 100,000,000 shares authorized, 60,436,548 and 26,057,327 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively. 604,368 260,574
Additional paid-in capital 144,430,381 76,485,650
Accumulated deficit (81,005,654) (58,910,707)
Accumulated other comprehensive loss (789,172) (876,498)
Total shareholders' equity 63,239,923 16,959,019
Total liabilities and shareholders' equity $ 73,375,302 $ 49,006,745