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Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2017
Current Assets:      
Cash $ 2,181,246 $ 4,381,643 $ 786,823
Accounts receivable, net of allowance for doubtful account of $129,365 at March 31, 2019, $23,046 at March 31, 2018, and $26,046 at December 31, 2017 1,225,911 1,201,117 166,731
Due from related parties 19,565 14,204 18,461
Inventories, at lower of cost or market, principally average cost method 4,772,597 2,405,007 1,792,314
Prepaid expenses 427,551 321,074 254,732
Total Current Assets 8,626,870 8,323,045 3,019,061
Equipment, net of accumulated depreciation of $516,144 at March 31, 2019 and $113,158 at March 31, 2018, and $77,861 at December 31, 2017 21,999,787 1,241,326 769,442
Other Assets:      
Deposits 29,034 16,300
Licensing agreements, net of accumulated amortization of $108,833 at March 31, 2019, $58,333 at March 31, 2018, and $45,833 at December 31, 2017 141,667 191,667 204,167
Patents, net of accumulated amortization of $134,701 at March 31, 2019, $49,627 at March 31, 2018 and $25,166 at December 31, 2017 6,939,304 900,373 924,834
Other intangible assets, net of accumulated amortization of $61,803 at March 31, 2019 5,850,502
TOTAL ASSETS 43,587,164 10,672,711 4,917,504
Current Liabilities:      
Accounts payable 1,920,344 479,465 476,893
Accrued liabilities 531,434 541,210 254,774
Convertible note payable 1,575,000
Note payable related party 100,000
Insurance premium note payable 230,597 99,907 6,880
Current portion of note payable related party 1,500,000
Contingent consideration payable 300,000
Total Current Liabilities 4,482,375 1,120,582 2,413,547
Long-term Liabilities:      
Convertible promissory notes, net of $24,144 of note issuance costs 275,856
Contingent consideration payable 900,000
Note payable related party 8,400,000
Total Liabilities 14,058,231 1,120,582 2,413,547
Shareholders' Equity:      
Common stock, $0.001 par value, 200,000,000 shares authorized 44,013,075, 28,394,503, and 22,487,793 shares issued and outstanding at March 31, 2019 and March 31, 2018, and December 31, 2017 respectively 44,013 28,394 22,488
Additional paid-in capital 48,935,485 17,264,888 8,430,394
Stock subscription receivable (5,000)
Accumulated (Deficit) (19,450,565) (7,741,153) (5,943,925)
Total Shareholders' Equity 29,528,933 9,552,129 2,503,957
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 43,587,164 $ 10,672,711 $ 4,917,504