BALANCE SHEETS - USD ($)
|
Dec. 31, 2015 |
Dec. 31, 2014 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 19,368,114
|
$ 9,454,150
|
| Accounts receivable, net |
3,863,632
|
1,960,214
|
| Investments |
7,602,204
|
7,913,793
|
| Inventory, net |
2,383,158
|
2,125,838
|
| Prepaid expenses and other current assets |
317,957
|
276,540
|
| Prepaid income taxes |
273,968
|
320,941
|
| Deferred income taxes |
141,446
|
116,339
|
| Total current assets |
33,950,479
|
22,167,815
|
| Property and equipment, net |
905,622
|
794,835
|
| Intangible assets, net |
175,513
|
250,836
|
| Deferred income taxes |
88,398
|
76,557
|
| Other assets |
124,195
|
19,676
|
| Total assets |
35,244,207
|
23,309,719
|
| Current liabilities: |
|
|
| Accounts payable |
1,005,460
|
629,167
|
| Accrued payroll and benefits |
1,288,248
|
1,244,898
|
| Other accrued taxes |
30,687
|
65,790
|
| Warranty reserve |
34,081
|
27,925
|
| Deferred revenue |
536,924
|
308,341
|
| Total current liabilities |
2,895,400
|
2,276,121
|
| Deferred revenue |
415,782
|
142,902
|
| Total liabilities |
3,311,182
|
2,419,023
|
| Stockholders' equity: |
|
|
| Common stock; $0.0001 par value; 31,500,000 shares authorized; 11,175,125 shares issued and outstanding as of December 31, 2015 and 10,814,650 shares issued and outstanding as of December 31, 2014 |
1,118
|
1,082
|
| Additional paid-in capital |
19,332,023
|
15,785,838
|
| Retained earnings |
12,655,169
|
5,125,249
|
| Accumulated other comprehensive loss |
(55,285)
|
(21,473)
|
| Total stockholders' equity |
31,933,025
|
20,890,696
|
| Total liabilities and stockholders' equity |
$ 35,244,207
|
$ 23,309,719
|