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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 67,626,240 $ 4,361,758
Accounts receivable-trade, less allowance for doubtful accounts of $123,224 - March 31, 2021 and December 31, 2020 1,131,389 1,705,461
Other receivables 1,909,392 1,529,920
Inventories, net 8,889,916 8,202,274
Prepaid expenses 1,830,666 2,030,693
Total current assets 81,387,603 17,830,106
Furniture, fixtures and equipment, net 711,020 666,800
Intangible assets, net 392,196 392,564
Operating lease right of use assets, net 748,741 753,175
Other assets 1,342,173 1,154,882
Total assets 84,581,733 20,797,527
Current liabilities:    
Accounts payable 666,067 1,144,676
Accrued expenses 865,724 796,094
Current portion of operating lease obligations 117,322 113,484
Contract liabilities-current 1,608,384 1,647,469
Subordinated notes payable - current portion 12,234 11,727
Warrant derivative liabilities 26,663,802
Income taxes payable 7,158 7,158
Total current liabilities 29,940,691 3,720,608
Long-term liabilities:    
Subordinated notes payable - long term 147,766 148,273
Operating lease obligation, long term 703,983 723,272
Contract liabilities-long term 2,030,224 1,848,869
Total liabilities 32,822,664 6,441,022
Commitments and contingencies
Stockholders' Equity:    
Common stock, $0.001 par value per share; 100,000,000 shares authorized; shares issued: 51,577,209 shares issued - March 31, 2021 and 26,834,709 shares issued - December 31, 2020 51,577 26,835
Additional paid in capital 122,157,360 106,501,396
Treasury stock, at cost (63,518 shares) (2,157,226) (2,157,226)
Accumulated deficit (68,292,642) (90,014,500)
Total stockholders' equity 51,759,069 14,356,505
Total liabilities and stockholders' equity $ 84,581,733 $ 20,797,527