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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 34,616,105 $ 34,510,330
Marketable securities 14,356,326 15,622,111
Accounts receivable, net of allowances 6,106,915 7,330,127
Inventories, net 5,554,324 5,371,729
Other current assets 2,659,483 2,710,967
Total current assets 63,293,153 65,545,264
Property and equipment, net 495,328 464,454
Intangible assets, net 21,812,015 22,154,176
Deferred tax assets, net 0 3,119,930
Other assets 2,202,296 2,120,742
Total assets 87,802,792 93,404,566
Current liabilities:    
Accounts payable 6,411,517 8,036,611
Other current liabilities 6,569,773 6,755,652
Total current liabilities 12,981,290 14,792,263
Revolving line of credit 6,700,000 4,100,000
Other long-term liabilities 1,627,946 1,391,484
Total liabilities 21,309,236 20,283,747
Commitments and contingencies
Shareholders’ equity:    
Common stock—no par value; 100,000,000 shares authorized; 15,937,595 and 16,074,176 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 53,403,852 54,643,268
Retained earnings 13,252,798 18,604,931
Total shareholders’ equity 66,656,650 73,248,199
Noncontrolling interests (163,094) (127,380)
Total equity 66,493,556 73,120,819
Total liabilities and equity $ 87,802,792 $ 93,404,566