v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 59,675,045 $ 26,752,135
Accounts receivable, net 6,334,536 3,469,919
Inventories 69,752,528 53,064,734
Prepaid expenses and other current assets 3,786,421 2,533,593
Total current assets 139,548,530 85,820,381
Property and equipment, net 39,622,510 31,741,317
Intangible assets, net 2,622,959 3,159,474
Right to use assets 2,782,987 1,245,029
Goodwill 3,529,509 3,529,509
Deposits and other assets 1,869,548 1,595,015
TOTAL ASSETS 189,976,043 127,090,725
Current liabilities:    
Accounts payable 7,979,772 9,174,591
Accrued expenses and other current liabilities 8,074,989 4,481,395
Current portion of deferred revenue 142,834 142,834
Current portion of lease obligations 275,988 229,073
Total current liabilities 16,473,583 14,027,893
Senior notes payable, net of discount 82,108,633 68,291,163
Deferred revenue, net of current portion 2,154,407 2,261,532
Subordinated note payable, net of discount 14,934,926 14,908,053
Lease obligations, net of current portion 2,860,732 1,302,361
Other non-current liabilities 67,808 106,574
TOTAL LIABILITIES 118,600,089 100,897,576
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, 89,616,176 and 59,318,355 shares issued and outstanding 8,962 5,932
Additional paid-in capital 392,424,321 290,903,772
Accumulated deficit (321,057,329) (264,716,555)
TOTAL STOCKHOLDERS' EQUITY 71,375,954 26,193,149
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 189,976,043 $ 127,090,725

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