v3.19.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 3,217,555 $ 249,143
Accounts receivable 112,306 54,789
Inventories 1,383,429 692,884
Prepaid expenses and other current assets 428,224 203,444
Total current assets 5,141,514 1,200,260
Property and equipment, net 109,501 64,662
Intangible assets, net 61,113 94,445
Other assets 93,578 97,546
Total assets 5,405,706 1,456,913
Current Liabilities:    
Accounts payable 531,544 1,331,936
Accrued liabilities 846,453 715,220
Accrued interest 0 1,867,103
Convertible notes payable 0 5,241,361
Total current liabilities 1,377,997 9,155,620
Derivative liability 0 20,832,000
Warrant liability 209,909 1,227,786
Total liabilities 1,587,906 31,215,406
Commitments and contingencies (Note 9)
Preferred stock, par value $0.0001; 20,000,000 shares authorized; 0 and 2,762,594 shares issued and outstanding as of December 31, 2018 and 2017 (liquidation preference of $0 and $12,432,000 as of December 31, 2018 and 2017) 0 64,734,841
Stockholders' Equity (Deficit):    
Common stock, par value $0.0001; 200,000,000 shares authorized; 15,366,327 and 324,821 shares issued and outstanding as of December 31, 2018 and 2017 1,537 32
Additional paid-in capital 179,501,104 13,831,943
Accumulated other comprehensive loss (45,007) (41,886)
Accumulated deficit (175,639,834) (108,283,423)
Total stockholders' equity (deficit) 3,817,800 (94,493,334)
Total liabilities, preferred stock and stockholders' equity (deficit) $ 5,405,706 $ 1,456,913

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