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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash $ 232,399 $ 461,068
Accounts receivable - net 1,847,683 1,796,757
Inventories 836,468 779,989
Prepaid expenses 743,658 680,326
Total current assets 3,660,208 3,718,140
Property and equipment:    
Equipment 3,066,711 2,533,848
Leasehold improvements 1,268,769 581,197
Construction and equipment in progress 90,691 558,602
Total 4,426,171 3,673,647
Less accumulated depreciation and amortization 1,530,183 1,372,821
Net property and equipment 2,895,988 2,300,826
Deferred tax asset 5,653,872 5,735,504
Deferred contract cost 592,160 0
Goodwill 278,466 278,466
Other assets including long-term portion of receivables-net 6,055,630 6,851,697
Total assets 19,136,323 18,884,633
Current liabilities:    
Current portion of term loan payable to bank 871,429 754,173
Accounts payable and accrued expenses 589,380 674,600
Total current liabilities 1,460,809 1,428,773
Long-term obligations:    
Term loans payable to bank - net of current portion 4,091,887 4,246,375
Convertible notes payable 1,531,502 1,131,982
Deferred contract income 592,160 0
Derivative warrant liability 0 503,851
Derivative conversion liability 0 925,561
Total long-term liabilities 6,215,549 6,807,769
Stockholders' equity:    
Common stock – no par value (40,000,000 shares authorized, 20,783,032 issued and outstanding as of December 31, 2017 and 21,583,032 issued and outstanding as of September 30, 2018) 24,739,482 24,322,885
Accumulated deficit (13,279,517) (13,674,794)
Total stockholders' equity 11,459,965 10,648,091
Total liabilities and stockholders' equity $ 19,136,323 $ 18,884,633