Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,179,775 $ 2,472,187
Accounts receivable, net 3,308,324 2,935,025
Other receivables 88,020 427,241
Escrowed cash receivable 3,757,677 3,752,390
Inventory, net 1,540,534 382,153
Prepaid expenses and other current assets 954,454 703,225
Restricted cash-current portion 9,527 1,959
Total current assets 11,838,311 10,674,180
Property and equipment, net 58,417 44,612
Intangibles assets, net 32,003,161 17,664,480
Goodwill 18,070,283 14,292,282
Restricted cash, net of current portion 175,042 131,353
Total assets 62,145,214 42,806,907
Current liabilities:    
Accounts payable 2,939,939 1,298,980
Accrued expenses and other current liabilities 10,334,695 7,531,122
Income taxes payable 2,171,048 2,259,148
Long-term debt- current portion 1,050,000 0
Contingent consideration-current portion 2,549,638 0
Total current liabilities 19,045,320 11,089,250
Long term debt, net of current portion 14,376,566 0
Contingent consideration, net of current portion 8,223,003 2,576,633
Deferred tax liability, net 30,908 7,144
License obligations 1,250,000 1,250,000
Other long-term liabilities 0 24,272
Total liabilities 42,925,797 14,947,299
Stockholders’ equity:    
Preferred stock—$0.001 par value; 5,000,000 shares authorized at June 30, 2018 and December 31, 2017; zero shares issued and outstanding at June 30, 2018 and December 31, 2017 0 0
Common stock—$0.001 par value; 200,000,000 shares authorized at June 30, 2018 and December 31, 2017; 33,790,686 and 31,266,989 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 33,792 31,268
Additional paid-in capital 87,241,204 83,338,136
Contingently issuable shares 0 2,655,464
Accumulated deficit (68,055,579) (58,165,260)
Total stockholders’ equity 19,219,417 27,859,608
Total liabilities and stockholders’ equity $ 62,145,214 $ 42,806,907