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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 7,269,258 $ 4,510,660
Trade receivables, net of allowances 4,659,074 2,997,743
Inventories 10,617,516 9,509,454
Current right-of-use assets from operating leases 1,173,733 1,160,658
Prepaid expenses 328,354 172,834
Total current assets 24,047,935 18,351,349
Note receivable 1,500,000 0
Property and equipment, net 2,998,838 1,351,039
Goodwill 1,367,109 1,367,109
Intangible assets, net 3,089,648 3,394,073
Right-of-use assets from operating leases 3,815,058 2,335,040
Other long-term assets 299,614 204,784
Total assets 37,118,202 27,003,394
Current liabilities:    
Accounts payable - trade 2,553,145 1,467,845
Notes payable, related party 302,485 1,084,072
Notes payable 1,719,036 0
Current operating lease liabilities 1,132,411 1,175,109
Accrued expenses 837,554 916,509
Customer deposits and other liabilities 189,315 165,404
Total current liabilities 6,733,946 4,808,939
Notes payable, related party, less current portion 9,128,146 8,554,980
Notes payable, less current portion 1,395,875 0
Long-term operating lease liabilities, less current portion 3,940,914 2,445,301
Total liabilities 21,198,881 15,809,220
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value; 60,000,000 shares authorized; 26,924,381 shares issued and outstanding 269,244 269,244
Additional paid-in capital 40,172,677 40,172,677
Accumulated deficit (24,522,600) (29,247,747)
Total stockholders' equity 15,919,321 11,194,174
Total liabilities and stockholders' equity $ 37,118,202 $ 27,003,394