v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 75,781,122 $ 26,752,135
Accounts receivable, net 6,514,165 3,469,919
Inventories 56,001,348 53,064,734
Prepaid expenses and other current assets 4,693,427 2,533,593
Total current assets 142,990,062 85,820,381
Property and equipment, net 37,373,366 31,741,317
Intangible assets, net 2,801,797 3,159,474
Goodwill 3,529,509 3,529,509
Deposits and other assets 4,846,834 2,840,044
TOTAL ASSETS 191,541,568 127,090,725
Current liabilities:    
Accounts payable 6,909,659 9,174,591
Accrued expenses and other current liabilities 5,616,666 4,481,395
Current portion of deferred revenue 142,834 142,834
Current portion of lease obligations 210,870 229,073
Total current liabilities 12,880,029 14,027,893
Senior notes payable, net of discount 81,648,187 68,291,163
Deferred revenue, net of current portion 2,190,115 2,261,532
Subordinated note payable, net of discount 14,925,760 14,908,053
Lease obligations, net of current portion 2,937,292 1,302,361
Other non-current liabilities 80,730 106,574
TOTAL LIABILITIES 114,662,113 100,897,576
COMMITMENTS AND CONTINGENCIES 0 0
STOCKHOLDERS' EQUITY    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common Stock, $0.0001 par value, 150,000,000 shares authorized, 86,349,981 and 59,318,355 shares issued and outstanding 8,635 5,932
Additional paid-in capital 381,010,696 290,903,772
Accumulated deficit (304,139,876) (264,716,555)
TOTAL STOCKHOLDERS' EQUITY 76,879,455 26,193,149
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 191,541,568 $ 127,090,725

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