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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 10,733,419 $ 4,465,455
Accounts receivable, net 310,517 424,287
Inventories, net 678,906 439,533
Prepaid expenses and other 920,383 820,206
Total Current Assets 12,643,225 6,149,481
Restricted cash 75,000 75,000
Deferred offering costs   219,240
Equipment, net 109,880 154,972
Total Assets 12,828,105 6,598,693
Current Liabilities:    
Convertible note payable, net of discount of $71,360 and $676,703 at June 30, 2020 and December 31, 2019, respectively 996,841 1,763,887
Accounts payable and accrued expenses 1,689,031 1,738,490
Derivative liabilities 888 378,239
Deferred revenue 1,495 2,913
Total Current Liabilities 2,688,255 3,883,529
Long-term debt, net of discount of $36,169 at December 31, 2019   888,961
Other long-term debt liabilities 77,892  
Deferred revenue 8,700 1,495
Total Liabilities 2,774,847 4,773,985
Commitments and Contingencies
Stockholders’ Equity:    
Common stock par value $0.0001 per share, 100,000,000 shares authorized; 3,223,876 and 574,524 shares issued as of June 30, 2020 and December 31, 2019, respectively; and 3,223,849 and 574,497 shares outstanding at June 30, 2020 and December 31, 2019, respectively 322 57
Additional paid-in capital 73,274,309 57,957,097
Accumulated deficit (63,214,909) (56,125,982)
Treasury stock, 27 shares at cost (6,464) (6,464)
Total Stockholders’ Equity 10,053,258 1,824,708
Total Liabilities and Stockholders’ Equity $ 12,828,105 $ 6,598,693