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Condensed Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 9,233,559 $ 6,540,794
Accounts receivable, net 399,895 382,258
Inventories, net 301,277 256,149
Prepaid expenses and other 784,720 695,276
Total Current Assets 10,719,451 7,874,477
Restricted cash 75,000 75,000
Deferred offering costs 131,976 144,582
Equipment, net 173,078 187,513
Total Assets 11,099,505 8,281,572
Current Liabilities:    
Accounts payable and other accrued expenses 1,310,429 1,743,427
Derivative liabilities 157,927 3,661
Deferred revenue 25,840 1,990
Customer advance payments 84,117 106,609
Total Current Liabilities 1,578,313 1,855,687
Total Liabilities 1,578,313 1,855,687
Commitments and Contingencies
Stockholders’ Equity:    
Common stock 1,710 1,245
Additional paid-in capital 57,536,979 51,720,630
Accumulated deficit (48,011,033) (45,289,526)
Treasury stock, at cost (6,464) (6,464)
Total Stockholders’ Equity 9,521,192 6,425,885
Total Liabilities and Stockholders’ Equity $ 11,099,505 $ 8,281,572