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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 4,504,075 $ 12,524,551
Accounts receivable, net of allowance for doubtful accounts of $ 42,000 at June 30, 2019 and December 31, 2018 7,734,006 7,373,971
Inventories, net 9,070,676 7,851,222
Prepaid expenses and other current assets 570,258 702,010
TOTAL CURRENT ASSETS 21,879,015 28,451,754
FIXED ASSETS:    
Property, plant and equipment, net 3,517,701 2,873,920
Finance lease right-of-use asset 233,722 0
FIXED ASSETS 3,751,423 2,873,920
OTHER ASSETS:    
Operating lease right-of-use asset 6,949,611 0
Intangible assets, net 3,684,144 3,884,831
Goodwill 4,822,413 4,983,127
Deposits and other assets 972,675 717,551
OTHER ASSETS 16,428,843 9,585,509
TOTAL ASSETS 42,059,281 40,911,183
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 5,317,809 5,888,681
Deferred revenue 518,410 422,905
Current portion of note payable 207,694 207,694
Current portion of finance lease liability 43,931 0
Current portion of operating lease liability 389,051 0
TOTAL CURRENT LIABILITIES 6,476,895 6,519,280
OTHER LIABILITIES:    
Operating lease liability 6,582,446 0
Finance lease liability 189,791 0
Note payable 79,662 171,821
Deferred tax liability 792,587 892,308
TOTAL LIABILITIES 14,121,381 7,583,409
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock - 10,000,000 shares authorized; none outstanding 0 0
Common stock - $.01 par value; 100,000,000 shares authorized; 17,565,534 and 17,166,459 shares issued and outstanding at June 30, 2019 and December 31, 2018 175,655 171,664
Additional paid-in capital 91,674,175 90,953,788
Accumulated deficit (63,913,087) (57,909,874)
Accumulated other comprehensive income 1,157 112,196
TOTAL STOCKHOLDERS' EQUITY 27,937,900 33,327,774
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 42,059,281 $ 40,911,183