v3.19.2
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue $ 14,886,236 $ 5,892,666 $ 24,944,135 $ 13,012,378
Cost of revenue 9,473,078 4,252,484 17,119,354 9,159,330
Gross margin 5,413,158 1,640,182 7,824,781 3,853,048
Operating expenses:        
General and administrative 3,931,478 1,097,552 5,975,413 2,170,600
Marketing and selling 1,237,003 702,474 2,374,936 1,571,489
Research and development 1,225,157 958,775 2,487,121 1,931,406
Total operating expenses 6,393,638 2,758,801 10,837,470 5,673,495
Loss from operations (980,480) (1,118,619) (3,012,689) (1,820,447)
Other income (expense):        
Interest expense (53,013)   (59,281) (55,661)
Other, net (3,068) 54,430 (11,232) 122,039
Total other (expense) income, net (56,081) 54,430 (70,513) 66,378
Loss before income taxes (1,036,561) (1,064,189) (3,083,202) (1,754,069)
Provision (benefit) for income taxes 558,072 555,629 (543,839) 772,752
Net loss (1,594,633) (1,619,818) (2,539,363) (2,526,821)
Net loss attributable to noncontrolling interest   (116,996)   (229,581)
Net loss attributable to common stockholders $ (1,594,633) $ (1,502,822) $ (2,539,363) $ (2,297,240)
Net loss per share attributable to common stockholders:        
Basic $ (0.11) $ (0.12) $ (0.18) $ (0.20)
Diluted $ (0.11) $ (0.12) $ (0.18) $ (0.20)
Weighted average common shares outstanding:        
Basic 14,442,291 12,773,419 14,341,560 11,464,246
Diluted 14,442,291 12,773,419 14,341,560 11,464,246

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