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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 16,165,550 $ 359,685
Accounts receivable-trade, less allowance for doubtful accounts of $123,224 - 2020 and 2019 1,080,884 1,071,018
Accounts receivable-other 538,350 514,730
Inventories, net 4,752,285 5,280,412
Income tax refund receivable, current 44,650 44,650
Prepaid expenses 574,456 381,090
Total current assets 23,156,175 7,651,585
Furniture, fixtures and equipment, net 208,291 197,063
Intangible assets, net 431,006 413,268
Operating lease right of use assets 769,635 122,459
Other assets 452,519 532,500
Total assets 25,017,626 8,916,875
Current liabilities:    
Accounts payable 1,535,865 2,339,985
Accrued expenses 838,747 845,881
Operating lease obligations - Current 44,308 159,160
Contract liabilities - Current 1,756,402 1,707,943
Proceeds investment agreement obligation, at fair value - Current 3,615,000
Debt obligations - Current 552,258 1,827,748
Income taxes payable 1,158 5,934
Total current liabilities 8,343,738 6,886,651
Long-term liabilities:    
Proceeds investment agreement obligation, at fair value - Long-term 6,500,000
Operating lease obligation - Long-term 731,334 44,460
Debt obligations - Long-term 1,016,642
Contract liabilities - Long-term 1,580,085 1,803,143
Total liabilities 11,671,799 15,234,254
Commitments and contingencies
Stockholders' Equity (Deficit):    
Common stock, $0.001 par value per share; 50,000,000 shares authorized; shares issued: 26,645,118 - June 30, 2020 and 12,079,095 - December 31, 2019 26,645 12,079
Additional paid in capital 105,697,031 83,216,387
Treasury stock, at cost (63,518 shares) (2,157,226) (2,157,226)
Accumulated deficit (90,220,623) (87,388,619)
Total stockholders' equity (deficit) 13,345,827 (6,317,379)
Total liabilities and stockholders' equity (deficit) $ 25,017,626 $ 8,916,875