XML 66 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows from Operating Activities    
Net Income (Loss) $ 1,738,937 $ (2,268,398)
Non-Cash Adjustments    
Depreciation and Amortization 382,262 333,201
Impairment of Patents and Trademarks 9,268 0
Stock-Based Compensation Expense 139,451 223,899
Amortization of Senior Term Debt Discount 771,225 188,927
Non-Cash Compensation 74,072 0
Forgiveness of Debt 46,037 0
Gain on Sale of Discontinued Operations (5,837,607) 0
(Increase) Decrease in Operating Assets    
Accounts Receivable 513,503 (17,881)
Inventories 706,717 225,143
Prepaid Expenses and Other Assets 78 96,231
Increase (Decrease) in Operating Liabilities    
Accounts Payable (1,488,215) (495,630)
Accrued Expenses (61,351) 85,209
Customer Deposits (327,258) (515,480)
Income Taxes Payable 183 (8,900)
Accrued Compensation 240,799 150,000
Accrued Interest 586,267 452,249
Net Cash Flows Used in Operating Activities (2,505,632) (1,551,430)
Cash Flows from Investing Activities    
Purchases of Tooling and Equipment (167,016) (458,430)
Investments in Patents and Trademarks (43,536) (67,048)
Proceeds from Sale of Assets, Net of Direct Costs 7,509,255 0
Net Cash Used in Investing Activities 7,298,703 (525,478)
Cash Flows from Financing Activities    
Net Change in Lines of Credit (652,081) 356,041
Exercise of Stock Options $ 0 $ 1,000
Note Payable Proceeds 150,000 0
Repayment of Capital Leases (72,597) (86,603)
Repayment of Notes Payable (4,464,795) (417,732)
Net Cash Flows Provided (Used) by Financing Activities (5,039,473) (147,294)
Net Increase (Decrease) in Cash and Cash Equivalents (246,402) (2,224,202)
Cash and Cash Equivalents Beginning of Year 417,976 2,636,819
Cash and Cash Equivalents End of Period 171,574 412,617
Supplemental Disclosures    
Interest Paid 338,785 263,788
Income Taxes Paid 23,257 38,046
Non-Cash Investing Transactions    
Equipment Acquired Under Capital Lease $ 0 $ 44,261