v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 101,235,699 $ 26,752,135
Accounts receivable, net 7,107,834 3,469,919
Inventories 52,288,803 53,064,734
Prepaid expenses and other current assets 4,855,344 2,533,593
Total current assets 165,487,680 85,820,381
Property and equipment, net 35,060,795 31,741,317
Intangible assets, net 2,980,636 3,159,474
Goodwill 3,529,509 3,529,509
Deposits and other assets 3,465,207 2,840,044
TOTAL ASSETS 210,523,827 127,090,725
Current liabilities    
Accounts payable 9,152,239 9,174,591
Accrued expenses and other current liabilities 4,419,043 4,481,395
Current portion of deferred revenue 142,834 142,834
Current portion of lease obligations 193,987 229,073
Total current liabilities 13,908,103 14,027,893
Senior notes payable, net of discount 81,212,090 68,291,163
Deferred revenue, net of current portion 2,225,823 2,261,532
Subordinated note payable, net of discount 14,916,837 14,908,053
Lease obligations, net of current portion 1,831,639 1,302,361
Other non-current liabilities 93,652 106,574
TOTAL LIABILITIES 114,188,144 100,897,576
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common Stock - voting, $0.0001 par value, 150,000,000 shares authorized, 86,345,313 and 59,318,355 shares issued and outstanding 8,635 5,932
Additional Paid-In Capital 380,288,833 290,903,772
Accumulated Deficit (283,961,785) (264,716,555)
TOTAL STOCKHOLDERS' EQUITY 96,335,683 26,193,149
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 210,523,827 $ 127,090,725

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