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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 145,791 $ 76,194
Accounts receivable - net 1,560,958 1,573,600
Inventories 929,698 962,783
Prepaid expenses 720,515 688,259
Total current assets 3,356,962 3,300,836
Property and equipment:    
Equipment 2,878,293 2,872,494
Leasehold improvements 1,180,637 1,180,050
Construction and equipment in progress 109,815 119,340
Total 4,168,745 4,171,844
Less accumulated depreciation and amortization 1,474,003 1,399,435
Net property and equipment 2,694,742 2,772,449
Deferred tax asset 4,666,910 4,817,309
Deferred contract cost 698,935 698,935
Goodwill 278,466 278,466
Operating lease right of use assets 4,475,106 0
Other assets including long-term portion of receivables-net 4,050,439 3,808,957
Total assets 20,221,560 15,676,952
Current liabilities:    
Current portion of term loan payable to bank 871,429 871,429
Accounts payable and accrued expenses 253,271 523,315
Current portion of operating lease liability 312,739 0
Total current liabilities 1,437,439 1,394,744
Long-term obligations:    
Term loans payable to bank (net of current portion) 3,705,579 3,898,733
Convertible notes payable 1,496,906 1,539,204
Operating lease liabilities - net of short-term portion 4,263,420 0
Deferred contract income 698,935 698,935
Total long-term liabilities 10,164,840 6,136,872
Stockholders' equity:    
Common stock - no par value (40,000,000 shares authorized, 21,583,032 issued and outstanding as of December 31, 2018 and 21,683,032 as of March 31, 2019) 24,789,482 24,739,482
Accumulated deficit (16,170,201) (16,594,146)
Total stockholders' equity 8,619,281 8,145,336
Total liabilities and stockholders' equity $ 20,221,560 $ 15,676,952