v3.19.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Net revenue $ 37,027,382 $ 27,538,333
Cost of revenue 25,692,658 18,873,797
Gross margin 11,334,724 8,664,536
Operating expenses:    
General and administrative 6,513,298 3,502,998
Marketing and selling 3,995,258 2,924,727
Research and development 4,001,757 2,687,249
Total operating expenses 14,510,313 9,114,974
Loss from operations (3,175,589) (450,438)
Other income (expense):    
Interest expense (65,693) (199,257)
Other, net 271,878 30,440
Total other income (expense), net 206,185 (168,817)
Loss before benefit from income taxes (2,969,404) (619,255)
Benefit for income taxes (1,396,784) (402,717)
Net loss (1,572,620) (216,538)
Net loss attributable to noncontrolling interest (436,342) (313,158)
Net (loss) income attributable to common stockholders $ (1,136,278) $ 96,620
Net (loss) income per share attributable to common stockholders:    
Basic $ (0.09) $ 0.02
Diluted $ (0.09) $ 0.01
Weighted average common shares outstanding:    
Basic 12,586,513 5,449,413
Diluted 12,586,513 10,689,047

Source