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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
[1]
Current assets:    
Cash $ 20,531,891 $ 7,743,181
Accounts receivable-net (note 2) 14,008,998 12,980,396
Note receivable-current (note 6) 1,149,791
Unbilled royalty revenue 252,302
Inventories-net (note 4) 8,786,975 11,482,701
Prepaid expenses and other current assets (note 5) 4,212,180 2,299,375
Total current assets 48,942,137 34,505,653
Cash held in escrow 14,849,999  
Note receivable-long term (note 6) 10,348,115
Operating lease-right of use asset (note 7) 153,257
Property and equipment-net (note 8) 128,886 121,854
Total Assets 74,422,394 34,627,507
Current liabilities:    
Accounts payable and accrued expenses (note 9) 10,808,603 14,845,211
Other current liabilities (note 10) 117,445 19,933
Operating lease liability-current (note 7) 146,584
Total current liabilities 11,072,632 14,865,144
Long-term liabilities:    
Convertible line of credit note payable-related party-net (note 11) 3,500,000
Convertible notes payables -related party-net (note 11) 4,459,381
Operating lease liability-long term (note 7) 12,747
Total Liabilities 11,085,379 22,824,525
Commitments and Contingencies
Stockholders' Equity:    
Preferred Stock, $0.001 par value; 2,500,000 shares authorized, zero and zero shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively (note 12)
Common stock, $0.001 par value; 75,000,000 shares authorized, 68,875,257 and 57,002,508 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively (note 14) 68,876 57,003
Additional paid-in capital 126,075,609 85,153,667
Accumulated other comprehensive income/(loss) (571,120) (26,997)
Accumulated deficit (62,236,350) (73,380,691)
Total Stockholders' Equity 63,337,015 11,802,982
Total Liabilities and Stockholders' Equity $ 74,422,394 $ 34,627,507
[1] Derived from Audited Financial Statements