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CONSOLIDATED BALANCE SHEET - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and Cash Equivalents [1] $ 5,198,842 $ 897,223
Accounts Receivable - net [1] 3,716,701 1,494,658
Other Receivables [1] 198,951 0
Inventories (Note 3) [1] 3,781,515 2,315,214
Vendor Deposits (Note 4) [1] 388,712 141,052
Prepaid Expenses [1] 421,305 187,664
Total Current Assets [1] 13,706,027 5,035,811
Property and Equipment - net (Note 5) [1] 1,298,103 1,367,864
Other Assets:    
Intangible Assets - net (Note 6) [1] 722,916 939,010
Operating Lease - Right of Use Asset (Note 7) [1] 631,527 674,471
Capitalized Software Development Costs (Note 8) [1] 52,377 94,278
Other Assets [1] 358,935 114,033
Total Other Assets [1] 1,765,755 1,821,792
Total Assets [1] 16,769,885 8,225,467
Current Liabilities:    
Accounts Payable [1] 1,501,469 713,222
Accrued Expenses and Other Current Liabilities (Note 14) [1] 501,849 450,112
Accrued Interest (Note 10) [1] 0 66,667
Customer Deposits [1] 118,880 0
Current Portion of Long-Term Operating Lease [1] 81,223 71,510
Convertible Notes Payable, net of discount of $0 at December 31, 2019 (Note 10) [1] 0 5,000,000
Total Current Liabilities [1] 2,203,421 6,301,511
Long-Term Liabilities:    
Loan Payable (Note 16) [1] 410,700 0
Long-Term Operating Lease, Net of Current Portion (Note 7) [1] 953,190 1,034,413
Total Long-Term Liabilities [1] 1,363,890 1,034,413
Total Liabilities [1] 3,567,311 7,335,924
Commitments and Contingencies [1] 0 0
Shareholders' Equity:    
Common stock; par value $0.01 per share, 250,000,000 shares authorized: 16,761,513 and 15,587,552 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively. [1] 167,615 155,875
Additional Paid-in Capital [1] 52,142,399 44,232,274
Accumulated Deficit [1] (39,108,078) (43,499,244)
Total Stockholders' Equity [1] 13,202,574 889,543
Total Liabilities and Stockholders' Equity [1] 16,769,885 8,225,467
Series A Preferred Stock    
Shareholders' Equity:    
Cumulative Convertible Preferred Stock [1] 638 638
Series B Preferred Stock    
Shareholders' Equity:    
Cumulative Convertible Preferred Stock [1] $ 0 $ 0
[1] Share amounts with respect to the common stock and Convertible Series A Preferred Stock have been retroactively restated to reflect the reverse split thereof, which was effected as of the close of business on September 10, 2020. Refer to Note 11 - Equity for further information.