Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 26,646,530 $ 28,212,635
Accounts receivable, net 9,661,407 7,843,917
Inventories 10,080,394 8,871,254
Current assets of discontinued operations 727,670 2,477,813
Prepaid and other current assets 1,778,078 2,757,456
Total current assets 48,894,079 50,163,075
Non-current inventories 12,649,184 15,554,992
Property and equipment, net 602,911 747,796
Intangible assets, net 28,180,090 30,920,324
Goodwill 882,000 882,000
Deferred tax assets, net 21,802 21,802
Operating lease right-of-use assets 2,267,669 2,960,569
Other assets 2,511,894 3,298,725
Total assets 96,009,629 104,549,283
Current liabilities:    
Accounts payable 10,833,972 9,993,578
Current liabilities of discontinued operations 0 1,918,868
Operating lease current liabilities 991,969 920,431
Current portion of revolving line of credit 2,000,000 0
Other current liabilities 10,112,100 11,317,358
Total current liabilities 23,938,041 24,150,235
Revolving line of credit 15,000,000 18,500,000
Operating lease noncurrent liabilities 1,323,792 2,076,472
Other long-term liabilities 7,904,419 8,737,323
Total liabilities 48,166,252 53,464,030
Commitments and contingencies
Shareholders’ equity:    
Common stock—no par value; 100,000,000 shares authorized; 15,555,865 and 15,723,075 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 49,176,040 49,914,478
Retained earnings (deficit) (1,247,237) 1,208,395
Total shareholders’ equity 47,928,803 51,122,873
Noncontrolling interests (85,426) (37,620)
Total equity 47,843,377 51,085,253
Total liabilities and equity $ 96,009,629 $ 104,549,283