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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 20,951,180 $ 27,938,960
Marketable securities 9,479,686 8,290,679
Accounts receivable, net 8,427,278 7,844,249
Inventories, net 10,648,859 12,078,343
Prepaid and other current assets 2,425,354 2,963,806
Total current assets 51,932,357 59,116,037
Non-current inventories 15,840,962 15,749,000
Property and equipment, net 737,238 771,213
Intangible assets, net 32,044,234 33,655,099
Goodwill 882,000 784,000
Deferred tax assets, net 43,605 87,210
Other assets 6,065,828 2,531,309
Total assets 107,546,224 112,693,868
Current liabilities:    
Accounts payable 9,539,981 11,093,297
Other current liabilities 12,777,148 16,710,927
Total current liabilities 22,317,129 27,804,224
Revolving line of credit 20,000,000 20,000,000
Other long-term liabilities 11,540,378 9,319,143
Total liabilities 53,857,507 57,123,367
Commitments and contingencies
Shareholders’ equity:    
Common stock—no par value; 100,000,000 shares authorized; 15,555,865 and 15,723,075 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 49,938,254 51,098,613
Retained earnings 4,122,769 4,746,154
Total shareholders’ equity 54,061,023 55,844,767
Noncontrolling interests (372,306) (274,266)
Total equity 53,688,717 55,570,501
Total liabilities and equity $ 107,546,224 $ 112,693,868