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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 27,026,734 $ 28,212,635
Accounts receivable, net 5,949,910 7,843,917
Inventories 8,150,152 8,871,254
Current assets of discontinued operations 1,291,359 2,477,813
Prepaid and other current assets 2,318,862 2,757,456
Total current assets 44,737,017 50,163,075
Non-current inventories 15,569,992 15,554,992
Property and equipment, net 694,499 747,796
Intangible assets, net 30,142,611 30,920,324
Goodwill 882,000 882,000
Deferred tax assets, net 21,802 21,802
Operating lease right-of-use assets 2,733,782 2,960,569
Other assets 2,637,434 3,298,725
Total assets 97,419,137 104,549,283
Current liabilities:    
Accounts payable 8,247,899 9,993,578
Current liabilities of discontinued operations 1,247,011 1,918,868
Operating lease liabilities 943,807 920,431
Other current liabilities 8,933,874 11,317,358
Total current liabilities 19,372,591 24,150,235
Revolving line of credit 18,500,000 18,500,000
Operating lease liabilities 1,831,274 2,076,472
Other long-term liabilities 7,872,214 8,737,323
Total liabilities 47,576,079 53,464,030
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 49,737,428 49,914,478
Retained earnings 152,775 1,208,395
Total shareholders’ equity 49,890,203 51,122,873
Noncontrolling interests (47,145) (37,620)
Total equity 49,843,058 51,085,253
Total liabilities and equity $ 97,419,137 $ 104,549,283