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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash $ 1,440,256 $ 2,343,675
Restricted cash 293,043 355,793
Accounts receivable, net 2,097,433 2,097,671
Inventory 937,830 869,262
Prepaid expenses and other current assets 313,528 425,671
Total current assets 5,082,090 6,092,072
Property, plant and equipment, net 5,003,818 5,016,539
Investments and other assets, net 100,632 686,912
Goodwill 2,453,349 12,046,197
Other intangible assets, net 3,017,544 3,908,399
Total assets 15,657,433 27,750,119
Current liabilities:    
Accounts payable 1,945,073 1,037,359
Accrued expenses and other current liabilities 1,964,726 $ 1,997,241
Short-term debt 4,023,379
Current portion of long-term debt, net 1,553,061 $ 754,745
Total current liabilities 9,486,239 3,789,345
Long-term debt, net 2,258,115 7,439,036
Other long-term liabilities 63,697 520,180
Deferred tax liability, net 162,107 145,759
Stockholders’ equity    
Common stock, $.02 par value; 200,000,000 shares authorized, 51,881,948 shares issued and outstanding (46,172,404 on December 31, 2014) 1,037,639 923,448
Additional paid-in capital 103,041,941 101,012,659
Accumulated other comprehensive loss (63,697) (61,180)
Accumulated deficit (100,328,608) (86,019,128)
Total stockholders’ equity 3,687,275 15,855,799
Total liabilities and stockholders’ equity $ 15,657,433 $ 27,750,119