v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
Feb. 28, 2019
Aug. 31, 2018
Current assets:    
Cash $ 17,941,908 $ 13,466,807
Accounts receivable, net of allowance 11,315,237 8,600,959 [1]
Prepaid expenses and other current assets 14,215,998 13,623,285 [1]
Inventory, net 35,798,958 11,813,755 [1]
Total current assets 79,272,101 47,504,806 [1]
Goodwill 52,267,353 52,267,353 [1]
Intangible assets, net 3,576,889 4,487,415 [1]
Equity investment 1,198,768  
Property and equipment, net 6,886,721 4,135,090 [1]
Other assets 1,093,229 250,296 [1]
Total Assets 144,295,061 108,644,960 [1]
Current liabilities:    
Accounts payable 11,375,885 2,821,839 [1]
Accrued expenses and other current liabilities 6,111,739 3,008,385 [1]
Contingent consideration payable [1]   5,488,410
Notes payable - current portion 116,892 61,685 [1]
Line of credit - current portion 1,496,534 918,124 [1]
Total current liabilities 19,101,050 12,298,443 [1]
Long-term liabilities:    
Notes payable 310,085 172,021 [1]
Warrant liability 13,375,000 14,430,000
Deferred rent 115,127 106,032 [1]
Total liabilities 32,901,262 27,006,496 [1]
Commitments and contingencies (Note 16) [1]
Stockholders’ equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding [1]
Common stock, $0.001 par value, 265,000,000 shares authorized, 88,011,867 and 78,273,124 shares issued and outstanding, respectively 88,012 78,273 [1]
Additional paid-in capital 152,157,458 104,917,890 [1]
Accumulated deficit (40,851,671) (23,357,699) [1]
Total stockholders’ equity 111,393,799 81,638,464 [1]
Total liabilities and stockholders’ equity $ 144,295,061 $ 108,644,960 [1]
[1] Restated

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