Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 14,863,434 $ 4,168,837
Marketable securities 2,956,989
Subscription receivable 419,494
Accounts receivable and other receivables, net 538,331 206,770
Inventory, net 2,822,332 2,157,295
Prepaid expenses and other current assets 523,087 671,033
Total Current Assets 19,166,678 10,160,924
Restricted cash 27,820
Property and equipment, net 2,999,581 1,347,309
Operating lease right-of-use asset 719,241 258,102
Intangible assets, net 61,380 107,415
Goodwill 251,657
Other assets 215,471 73,743
Total Assets 23,441,828 11,947,493
Current Liabilities:    
Accounts payable 3,207,674 2,372,212
Accrued expenses 1,402,940 897,548
Accrued issuable equity 214,907 257,686
Current portion of notes payable 306,535 10,000
Current portion of operating lease liabilities 361,312 190,823
Contingent consideration 245,000
Other current liabilities 78,804 73,598
Current portion of deferred revenue 365,660 567,613
Total Current Liabilities 6,182,832 4,369,480
Operating lease liabilities, non-current portion 370,698 84,838
Notes payable, non-current portion 562,018
Other liabilities 90,000 58,164
Deferred revenue, non-current portion 565
Total Liabilities 7,205,548 4,513,047
Series B Convertible Preferred Stock, 10,000 shares designated, 0 issued and outstanding as of September 30, 2020 and December 31, 2019
Commitments and contingencies (Note 10)  
Stockholders' Equity:    
Common stock, $0.001 par value, 500,000,000 shares authorized, 31,747,100 and 26,322,583 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 31,747 26,323
Additional paid-in capital 195,614,476 176,729,926
Accumulated other comprehensive income 183,173
Accumulated deficit (179,409,943) (169,504,981)
Total Stockholders' Equity 16,236,280 7,434,446
Total Liabilities and Stockholders' Equity 23,441,828 11,947,493
Series A Convertible Preferred Stock [Member]    
Stockholders' Equity:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized;
Series C Convertible Preferred Stock [Member]    
Stockholders' Equity:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized;
Series D Convertible Preferred Stock [Member]    
Stockholders' Equity:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized; $ 5