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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net Income (Loss) $ (2,260,312) $ 181,030
Adjustments to reconcile net income to net cash provided by (used in) operations:    
Depreciation and amortization 1,183,441 554,130
Stock-based compensation 223,557 151,611
Change in fair value of warrant liability 236,900 (0)
Change in deferred tax asset / liability (30,574) 0
Changes in assets and liabilities:    
Accounts receivable 1,820,234 (7,152,037)
Inventory (157,376) (281,601)
Contract assets 1,141,799 (2,086,762)
Deposits 0 (1,203,216)
Prepaid expenses and other current assets (184,328) (157,913)
Accounts payable (2,265,228) 2,595,054
Accrued expenses 1,986,152 1,613,701
Operating lease liabilities (366,198) (234,934)
Contract liabilities (98,131) 950,310
Total Adjustments 3,490,248 (5,251,657)
Net Cash provided by (used in) Operating Activities 1,229,936 (5,070,627)
Cash Flows from Investing Activities:    
Purchase of property and equipment (2,171,172) (327,559)
Purchase of other intangible assets (23,446) 0
Net Cash used in Investing Activities (2,194,618) (327,559)
Cash Flows from Financing Activities:    
Payments on finance lease obligation (16,973) (8,588)
Proceeds from exercise of stock options 0 133,200
Proceeds from issuance of prefunded warrants 2,575,000 0
Proceeds from issuance of common stock, net 4,744,048 14,674,738
Net Cash provided by Financing Activities 7,302,075 14,799,350
Gain on Currency Translation 108,944 179,080
Net change in Cash, Cash Equivalents and Restricted Cash 6,446,337 9,580,244
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 9,783,932 3,776,111
Cash, Cash Equivalents and Restricted Cash at End of Period 16,230,269 13,356,355
Supplemental Disclosures of Cash Flow Information:    
Interest 45,471 50,372
Income Taxes $ 0 $ 0