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SEGMENT INFORMATION - Components of the Company single operating segment (Details) - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
SEGMENT INFORMATION |  |
Product revenue | $ 35,594,520 | $ 31,084,953
Gross profit | 25,125,991 | 21,953,237
Total Operating Expenses | 41,911,930 | 53,901,857
Net loss | (20,718,957) | (29,246,760)
Interest expense | (1,399,092) | (157,891)
Benefit from income taxes | 1,690,825 | 813,739
Depreciation and amortization expense | 1,570,104 | 1,459,066
Stock-Based Compensation | 3,759,534 | 4,155,342
Gain (loss) on foreign currency transactions | (4,224,721) | 1,949,257
Cash (Burn) Flow | (5,851,211) | (8,216,931)
As previously reported |  |
SEGMENT INFORMATION |  |
Product revenue | 36,349,379 |
Gross profit | 22,392,023 |
Total Operating Expenses | 53,601,276 |
Stock-Based Compensation |  | 3,329,307
Single reportable segment |  |
SEGMENT INFORMATION |  |
Product revenue | 35,594,520 | 31,084,953
Gross profit | $ 25,125,991 | $ 21,953,237
Gross Margin | 71.00% | 71.00%
Total Operating Expenses | $ 41,911,930 | $ 53,901,857
Net loss | (20,718,957) | (29,246,760)
Interest expense | 1,399,092 | (157,891)
Benefit from income taxes | (1,690,825) | 813,739
Depreciation and amortization expense | 1,570,104 | 1,459,066
Loss before interest expense, income taxes, depreciation and amortization ("EBITDA"), a non-GAAP measure | (19,440,586) | (28,443,541)
Stock-Based Compensation | 3,759,534 | 4,155,342
Gain (loss) on foreign currency transactions | 4,224,721 | (1,949,257)
Adjusted EBITDA, a non-GAAP measure | (11,456,331) | (26,237,456)
Adjusted net loss, a non-GAAP measure | 12,734,702 | 27,040,675
Net Cash Provided by (Used in) Operating and Investing Activities | (15,097,239) | (22,591,372)
Total assets | $ 47,675,811 | $ 52,956,322

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