v2.4.0.6
Condensed Balance Sheets (Unaudited) (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash $ 55,533 $ 371,132
Accounts Receivable (less allowance for doubtful accounts of $0 at September 30, 2012 and December 31, 2011) 226,629 73,312
Prepaid expenses and other current assets 379,200 346,787
Deferred Debt Discount 500,000 0
Inventory 448,795 539,124
Total current assets 1,610,157 1,330,355
Intangible assets, net 31,291 33,025
Property and equipment, net 179,324 247,858
Total assets 1,820,772 1,611,238
Current liabilities    
Accounts payable 932,873 889,481
Borrowings under line of credit, net of unamortized discount 15,688 0
Customer deposits 198,757 112,218
Accrued payroll 125,995 51,635
Accrued warranty costs 140,074 135,606
Accrued liabilities 397,763 211,986
Current portion of long term debt 11,530 11,072
Total current liabilities 1,822,680 1,411,998
Long term liabilities    
Long term debt 30,933 39,638
Total long term liabilities 30,933 39,638
Total liabilities 1,853,613 1,451,636
Stockholders' equity/(deficit)    
Preferred stock, 5,000,000 shares authorized, $0.0001 par value; none issued or outstanding at September 30, 2012 or December 31, 2011 0 0
Common stock, 500,000,000 shares authorized, $0.002 par value;12,376,633 and 11,854,644 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively 24,753 23,709
Additional paid-in capital 22,872,445 20,407,748
Deficit accumulated (22,930,039) (20,271,855)
Total stockholders' equity/(deficit) (32,841) 159,602
Total liabilities and stockholders' equity/(deficit) $ 1,820,772 $ 1,611,238