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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 4,284,168 $ 5,532,840
Restricted cash 250,382 142,382
Trade accounts receivable, net 1,719,937 1,222,476
Other receivables 231,959
Inventory, net 850,802 705,349
Prepaid expenses and other current assets 101,396 63,859
Total current assets 7,438,644 7,666,906
Property, plant and equipment, net of depreciation 1,456,527 1,588,043
Operating lease right-of-use assets, net 70,176 87,391
Intangible assets, net of amortization 354,173 370,278
Deposits 6,746 6,746
Total assets 9,326,266 9,719,364
Current liabilities:    
Accounts payable 1,377,590 974,218
Accrued expenses 202,336 228,227
Accrued payroll and employee related 223,292 212,465
Lease liability 76,731 81,295
Total current liabilities 1,879,949 1,496,205
Long term liabilities:    
Accrued interest 33,600 33,600
Lease liability 13,701
Total liabilities 1,913,549 1,543,506
Commitments and contingencies (Note 5)
Stockholders’ equity:    
Preferred stock, $0.000001 par value, 5,000,000 shares authorized, none issued or outstanding
Common stock, $0.000001 par value; 295,000,000 shares authorized; 12,919,899 and 12,905,112 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 13 13
Additional paid in capital 60,471,988 60,340,620
Accumulated deficit (53,059,284) (52,164,775)
Total stockholders’ equity 7,412,717 8,175,858
Total liabilities and stockholders’ equity $ 9,326,266 $ 9,719,364