XML 53 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 26,978,424 $ 27,938,960
Marketable securities 2,265,839 8,290,679
Accounts receivable, net 8,296,672 7,844,249
Inventories, net 9,864,240 12,078,343
Prepaid and other current assets 1,992,409 2,963,806
Total current assets 49,397,584 59,116,037
Non-current inventories 15,329,920 15,749,000
Property and equipment, net 743,801 771,213
Intangible assets, net 31,040,213 33,655,099
Goodwill 882,000 784,000
Deferred tax assets, net 43,605 87,210
Other assets 6,328,777 2,531,309
Total assets 103,765,900 112,693,868
Current liabilities:    
Accounts payable 8,226,609 11,093,297
Other current liabilities 12,826,341 16,710,927
Total current liabilities 21,052,950 27,804,224
Revolving line of credit 20,000,000 20,000,000
Other long-term liabilities 11,006,022 9,319,143
Total liabilities 52,058,972 57,123,367
Commitments and contingencies
Shareholders’ equity:    
Common stock—no par value; 100,000,000 shares authorized; 15,555,865 and 15,723,075 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 49,563,807 51,098,613
Retained earnings 2,169,101 4,746,154
Total shareholders’ equity 51,732,908 55,844,767
Noncontrolling interests (25,980) (274,266)
Total equity 51,706,928 55,570,501
Total liabilities and equity $ 103,765,900 $ 112,693,868