Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net revenue $ 7,119,712 $ 6,336,338
Cost of revenue 4,906,846 4,279,269
Gross margin 2,212,866 2,057,069
Operating expenses:    
General and administrative 1,073,048 688,730
Marketing and selling 869,015 607,038
Research and development 972,631 587,454
Total operating expenses 2,914,694 1,883,222
(Loss) income from operations (701,828) 173,847
Other income (expense):    
Interest expense (55,661) (50,001)
Other, net 67,609 (67)
Total other income (expense), net 11,948 (50,068)
(Loss) income before provision for income taxes (689,880) 123,779
Provision for income taxes 217,124 44,632
Net (loss) income (907,004) 79,147
Net loss attributable to noncontrolling interest (112,585) 0
Net (loss) income attributable to common stockholders $ (794,419) $ 79,147
Net (loss) income per share attributable to common stockholders:    
Basic $ (0.08) $ 0.01
Diluted $ (0.08) $ 0.01
Weighted average common shares outstanding:    
Basic 10,140,459 5,379,141
Diluted 10,140,459 9,757,229