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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 20,904,487 $ 11,747,138 [1]
Accounts receivable, net 3,273,941 2,787,732 [1]
Inventories, net 2,577,620 2,211,370
Prepaid expenses and other current assets 1,805,983 937,349 [1]
Total current assets 28,562,031 17,683,589 [1]
Property and equipment, net 35,631 33,533 [1]
Total Assets 28,597,662 17,717,122 [1]
Current liabilities:    
Accounts payable and accrued expenses 3,579,920 1,754,207
Accrued preferred dividend 392,800 353,666 [1]
Deferred revenue and other current liabilities 394,588 214,612
Total current liabilities 4,367,308 2,322,485 [1]
Long-term liabilities:    
Line of credit note payable-related party 3,500,000 4,500,000 [1]
Total Liabilities 7,867,308 6,822,485 [1]
Stockholders' Equity:    
Preferred Stock, $0.001 par value; 2,500,000 shares authorized, 6,380 and 6,380 shares issued and outstanding at March 31, 2017 and December 31, 2016 6 6 [1]
Common stock, $0.001 par value; 75,000,000 shares authorized, 43,905,241 and 39,999,784 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 43,905 40,000 [1]
Additional paid-in capital 76,012,320 64,208,963 [1]
Accumulated deficit (55,325,877) (53,354,332) [1]
Total Stockholders' Equity 20,730,354 10,894,637 [1]
Total Liabilities and Stockholders' Equity $ 28,597,662 $ 17,717,122 [1]
[1] Derived from Audited Financial Statements