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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 4,361,758 $ 359,685
Accounts receivable - trade, less allowance for doubtful accounts of $123,224 - 2020 and $123,224 - 2019 1,705,461 1,071,018
Other Receivables (including $500,000 due from Related Parties - 2020 and $0 - 2019, refer to Note 16) 1,529,920 514,730
Inventories, net 8,202,274 5,280,412
Income tax refund receivable, current 44,650
Prepaid expenses 2,030,693 381,090
Total current assets 17,830,106 7,651,585
Furniture, fixtures and equipment, net 666,800 197,063
Intangible assets, net 392,564 413,268
Operating lease right of use assets, net 753,175 122,459
Other assets 1,154,881 532,500
Total assets 20,797,527 8,916,875
Current liabilities:    
Accounts payable 1,144,675 2,339,985
Accrued expenses 796,094 845,881
Current portion of operating lease obligations 113,484 159,160
Contract liabilities-current 1,647,469 1,707,943
Unsecured promissory note payable, net of unamortized discount of $0 and $66,061, respectively 233,939
Secured convertible notes at fair value - current portion 1,593,809
Subordinated notes payable - current portion 11,727
Income taxes payable 7,158 5,934
Total current liabilities 3,720,606 6,886,651
Long-term liabilities:    
Proceeds investment agreement, at fair value 6,500,000
Subordinated notes payable - long term 148,273
Operating lease obligation, long term 723,272 44,460
Contract liabilities-long term 1,848,869 1,803,143
Total liabilities 6,441,021 15,234,254
Commitments and contingencies  
Stockholders' Equity (Deficit):    
Common stock, $0.001 par value; 100,000,000 and 50,000,000 shares authorized, respectively; shares issued: 26,834,709 - 2020 and 12,079,095 - 2019 26,835 12,079
Additional paid in capital 106,501,396 83,216,387
Treasury stock, at cost (63,518 shares) (2,157,225) (2,157,226)
Accumulated deficit (90,014,500) (87,388,619)
Total stockholders' equity (deficit) 14,356,506 (6,317,379)
Total liabilities and stockholders' equity (deficit) $ 20,797,527 $ 8,916,875