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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 12,457,538 $ 3,790,302
Accounts receivable, net of allowance for doubtful accounts of $42,000 at March 31, 2018 and December 31, 2017 3,813,087 2,085,340
Inventories, net 5,802,350 4,423,618
Prepaid expenses and other current assets 836,386 554,383
TOTAL CURRENT ASSETS 22,909,361 10,853,643
FIXED ASSETS, net of accumulated depreciation 1,859,132 1,909,232
OTHER ASSETS:    
Intangible assets, net 1,628,239 1,597,377
Goodwill 1,747,031 1,666,610
Deposits and other assets 527,991 589,159
TOTAL NON CURRENT ASSETS 3,903,261 3,853,146
TOTAL ASSETS 28,671,754 16,616,021
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 4,332,109 3,046,303
Deferred revenue 100,000 50,000
TOTAL CURRENT LIABILITIES 4,432,109 3,096,303
OTHER LIABILITIES:    
Note payable 99,480 99,480
Deferred tax liability 357,499 341,042
TOTAL LIABILITIES 4,889,088 3,536,825
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock - 10,000,000 shares authorized; none outstanding 0 0
Common stock - $.01 par value; 100,000,000 shares authorized; 14,162,702 and 12,318,570 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 141,627 123,185
Additional paid-in capital 73,906,361 62,821,288
Accumulated deficit (50,696,568) (50,044,225)
Accumulated other comprehensive income 431,246 178,948
TOTAL STOCKHOLDERS' EQUITY 23,782,666 13,079,196
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 28,671,754 $ 16,616,021