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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 11,031,177 $ 17,139,694
Accounts receivable, net 2,020,915 5,152,969
Inventories 439,232 760,530
Deposits with related party   4,576
Prepaid expenses and other current assets 2,742,728 2,847,284
Total current assets 16,234,052 25,905,053
Fixed assets, net 54,507 64,250
Intangible assets, net 28,708,372 32,160,919
API purchase commitment 11,144,257 11,144,257
Other assets 529,056 579,535
Total assets 56,670,244 69,854,014
Current liabilities:    
Current portion of senior debt, net 3,425,378 7,175,029
Accounts payable 2,597,891 5,609,556
Accrued expenses 13,764,857 14,683,786
Accrued inventory purchases 14,203,905 14,203,905
Other current liabilities 497,915 221,766
Total current liabilities 34,489,946 41,894,042
Derivative liability 2,220,000 9,890,000
Other long-term liabilities 469,571 600,920
Total liabilities 37,179,517 52,384,962
Stockholders' Equity:    
Common stock (par value of $0.0001 per share, 150,000,000 shares authorized, 9,826,599 and 9,707,655 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively) 983 971
Additional paid-in capital 80,295,724 79,170,225
Accumulated deficit (60,805,980) (61,702,144)
Total Stockholders' Equity 19,490,727 17,469,052
Total Liabilities and Stockholders' Equity $ 56,670,244 $ 69,854,014