RESTATEMENT OF PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL STATEMENTS (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Changes and Error Corrections [Abstract]

Consolidated Statements of Operations and Comprehensive Income (Loss)

The impacts of the $3.2 million adjustment to income tax benefit for 2017 is as follows:

	Year Ended
	December 31, 2017
	As Reported			As Restated
Consolidated Statements of Operations and Comprehensive Income (Loss):
Income tax (benefit) expense	$	(2,024,130	)	$	(5,224,875	)
Net income (loss)	$	3,834,136		$	7,034,881
Comprehensive income (loss)	$	5,586,742		$	8,787,487
Basic net income (loss) per share	$	0.15		$	0.27
Diluted net income (loss) per share	$	0.15		$	0.27

Consolidated Balance Sheets

	As of
	December 31, 2017
	As Reported			As Restated
Consolidated Balance Sheets:
Deferred tax liabilities	$	5,600,721		$	2,399,976
Total long-term liabilities	$	18,986,164		$	15,785,419
Total liabilities	$	45,304,958		$	42,104,213
Accumulated deficit	$	(181,568,757	)	$	(178,368,012	)
Total equity	$	71,093,218		$	74,293,963
Total liabilities and stockholders’ equity	$	116,398,176		$	116,398,176

Consolidated Statements of Cash Flows

	Year Ended
	December 31, 2017
Consolidated Statements of Cash Flows:	As Reported			As Restated
Net income (loss)	$	3,834,136		$	7,034,881
Deferred tax (benefit) expense	$	(2,267,404	)	$	(5,468,149	)