v3.19.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 22,754,852 $ 43,107,574
Accounts receivable, net 1,392,441 3,880,154
Inventories 18,616,169 12,628,181
Prepaid expenses and other current assets 1,766,163 1,225,654
Restricted cash 0 1,500,000
Total current assets 44,529,625 62,341,563
Property and equipment, net 30,115,730 30,466,858
Intangible assets, net 4,004,412 4,849,350
Goodwill 3,529,509 3,529,509
Assets to be transferred under purchase agreement 1,153,508 1,496,410
Restricted cash 4,000,000 4,000,000
Deposits and other assets 1,543,737 1,335,143
TOTAL ASSETS 88,876,521 108,018,833
Current liabilities:    
Accounts payable 5,900,394 5,920,873
Accrued expenses and other current liabilities 3,551,835 3,376,476
Current portion of deferred revenue 142,834 142,834
Current portion of capital lease obligation 29,983 0
Total current liabilities 9,625,046 9,440,183
Notes payable, net of discount 26,440,830 25,368,458
End of term liability, notes payable 2,760,000 2,760,000
Deferred revenue, net of current portion 2,404,365 2,547,199
Note payable - related party, net of discount 14,874,184 14,842,396
Obligation to transfer assets under purchase agreement 12,621,844 12,621,844
Capital lease obligation 119,080 0
Other non-current liabilities 260,734 105,996
TOTAL LIABILITIES 69,106,083 67,686,076
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 4,635 3,673
Additional Paid-in Capital 236,203,041 191,022,018
Accumulated Deficit (216,437,238) (150,693,793)
TOTAL STOCKHOLDERS' EQUITY 19,770,438 40,332,757
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 88,876,521 108,018,833
Non-Voting Common Stock    
STOCKHOLDERS' EQUITY    
Common Stock $ 0 $ 859

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