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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 19,647,374 $ 22,368,837
Grants and accounts receivable, net of allowance for doubtful accounts of $85,460 at March 31, 2019 and $83,726 at December 31, 2018 3,267,035 3,943,119
Inventories 1,213,606 833,133
Prepaid expenses and other current assets 700,177 1,118,998
Total current assets 24,828,192 28,264,087
Property and equipment, net 1,896,655 1,729,860
Right of use asset 1,359,097 1,449,437
Other assets 2,910,768 2,753,379
Total Assets 30,994,712 34,196,763
Current Liabilities:    
Accounts payable 1,840,724 1,485,812
Current maturities of long-term debt 1,666,667 666,667
Lease liability – current portion 388,915 378,675
Accrued expenses and other current liabilities 2,815,025 4,385,720
Total current liabilities 6,711,331 6,916,874
Long term debt, net of current maturities and debt issuance costs 8,298,281 9,274,527
Lease liability, net of current portion 970,182 1,070,762
Total Liabilities 15,979,794 17,262,163
Commitments and Contingencies (Note 6)
Stockholders' Equity:    
Preferred Stock, Par Value $0.001, 5,000,000 shares authorized; -0- shares issued and outstanding at March 31, 2019 and December 31, 2018 0 0
Common Stock, Par Value $0.001, 50,000,000 shares authorized; 32,243,044 and 31,774,139 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 32,243 31,774
Additional paid-in capital 188,795,855 186,138,466
Accumulated other comprehensive income 594,462 288,175
Accumulated deficit (174,407,642) (169,523,815)
Total stockholders' equity 15,014,918 16,934,600
Total Liabilities and Stockholders' Equity $ 30,994,712 $ 34,196,763