v3.19.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 48,006,152 $ 22,754,852
Accounts receivable, net 7,315,481 1,392,441
Inventories 40,285,339 18,616,169
Prepaid expenses and other current assets 1,716,337 1,766,163
Total current assets 97,323,309 44,529,625
Property and equipment, net 30,712,915 30,115,730
Intangible assets, net 3,370,708 4,004,412
Goodwill 3,529,509 3,529,509
Assets to be transferred under purchase agreement 0 1,153,508
Restricted cash 0 4,000,000
Deposits and other assets 2,843,332 1,543,737
TOTAL ASSETS 137,779,773 88,876,521
Current liabilities    
Accounts payable 8,959,903 5,900,394
Accrued expenses and other current liabilities 4,762,771 3,551,835
Current portion of deferred revenue 1,197,910 142,834
Current portion of lease obligations 229,516 29,983
Total current liabilities 15,150,100 9,625,046
Notes payable, net of discount 67,839,162 26,440,830
End of term liability, notes payable 0 2,760,000
Deferred revenue, net of current portion 2,297,240 2,404,365
Subordinated note payable, net of discount 14,899,313 14,874,184
Obligation to transfer assets under purchase agreement 0 12,621,844
Lease obligations, net of current portion 1,356,390 119,080
Other non-current liabilities 119,496 260,734
TOTAL LIABILITIES 101,661,701 69,106,083
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common Stock - voting, $0.0001 par value, 150,000,000 and 75,000,000 shares authorized, 59,318,355 and 46,353,068 shares issued and outstanding 5,932 4,635
Additional Paid-In Capital 290,267,664 236,203,041
Accumulated Deficit (254,155,524) (216,437,238)
TOTAL STOCKHOLDERS' EQUITY 36,118,072 19,770,438
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 137,779,773 $ 88,876,521

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