v2.4.0.8
Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash $ 297,385 $ 78,253
Accounts Receivable (net of allowance for doubtful accounts $0 in 2013 and $25,200 in 2012) 265,245 400,419
Prepaid expenses and other current assets 232,570 275,371
Inventory 496,313 669,745
Deferred debt discount 820,750 1,090,750
Total current assets 2,112,263 2,514,538
Other assets 172,362 0
Intangible assets, net 25,305 30,713
Property and equipment, net 69,555 121,587
Total assets 2,379,485 2,666,838
Current Liabilities    
Accounts payable 1,175,221 1,268,947
Borrowings under line of credit, net of debt discount 684,994 166,513
Customer deposits 19,000 127,239
Accrued loss contract 519,092 0
Accrued payroll 146,465 78,445
Accrued warranty costs 140,074 140,074
Deferred revenue 63,311 126,043
Accrued liabilities 496,011 418,069
Current portion of long term debt 11,782 11,688
Derivative liability 13,200 0
Total current liabilities 3,269,150 2,337,018
Commitments and Contingencies (Note 9)      
Long term liabilities    
Long term debt 16,169 27,951
Derivative liability - long term 762,396 0
Total long term liabilities 778,565 27,951
Stockholders' (deficit)/equity    
Preferred stock, 5,000,000 shares authorized, $0.002 par value; none issued or outstanding at December 31, 2013 or December 31, 2012 0 0
Common stock, 500,000,000 shares authorized, $0.002 par value; 17,993,694 and 12,406,633 shares issued and outstanding at December 31, 2013 and December 31, 2012, respectively 35,987 24,813
Additional paid-in capital 25,330,474 24,038,807
Deficit accumulated (27,034,691) (23,761,751)
Total stockholders' (deficit)/equity (1,668,230) 301,869
Total liabilities and stockholders' equity $ 2,379,485 $ 2,666,838