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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash $ 3,776,111 $ 2,486,199
Accounts receivable, net 1,308,122 1,124,842
Other receivables 1,098,796 636,539
Contract assets 624,275 490,100
Inventories, net 4,432,055 4,661,866
Prepaid expenses 133,847 28,151
Total Current Assets 11,373,206 9,427,697
Property and Equipment, net 1,431,649 1,959,205
Other Assets:    
Investments at costs 5,714 6,001
Other intangible assets 748 3,349
Deposits 347,932 283,686
Total Other Assets 354,394 293,036
Total Assets 13,159,249 11,679,938
Current Liabilities:    
Current portion of capital lease obligations 13,789 26,186
Accounts payable 2,122,479 1,775,230
Accrued expenses 1,868,229 1,725,566
Contract liabilities 516,335 306,845
Deferred revenue / customers deposits 98,781 933,994
Total Current Liabilities 4,619,613 4,767,821
Total Liabilities 4,619,613 4,767,821
Commitment and Contingencies (See Note 8)
Stockholders' Equity:    
Series A Mandatory Convertible Preferred stock; par value $0.001, 10,000,000 shares authorized, 0 and 2,200,837 shares issued and outstanding at December 31, 2018 and December 31, 2017, respectively 2,201
Common stock; par value $0.001, 100,000,000 shares authorized 72,915,547 and 44,229,264 shares issued and outstanding at December 31, 2018 and December 31, 2017, respectively 72,916 44,430
Additional paid-in capital 46,521,299 40,457,907
Accumulated deficit (32,286,224) (28,471,696)
Deferred compensation (23,499) (79,933)
Accumulated other comprehensive loss (5,744,856) (5,040,792)
Total Stockholders' Equity 8,539,636 6,912,117
Total Liabilities and Stockholders' Equity $ 13,159,249 $ 11,679,938