XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Balance Sheets(Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 4,633,046 $ 398,391
Accounts Receivable, net 157,354 288,236
Note Receivable, net 500,000 0
Inventory 200,973 187,241
Prepaid Assets 29,017 36,056
Total Current Assets 5,520,390 909,924
Other Assets:    
Property and Equipment, net 558,310 564,933
Intangible Assets, net 237,365 226,450
Investment in Joint Venture 500 500
Prepaid Stock Compensation 165,208 167,562
Total Other Assets 961,383 959,445
TOTAL ASSETS 6,481,773 1,869,369
Current Liabilities:    
Accounts Payable 280,020 112,175
Notes Payable, net of original issue discount $55,228 944,772 561,834
Accrued Expenses 161,781 125,116
Total Current Liabilities 1,386,573 799,125
Long-Term Liabilities    
Derivative Liability 0 93,206
Total Long-Term Liability 0 93,206
TOTAL LIABILITIES 1,386,573 892,331
Stockholders' Equity    
Preferred Stock, $0.001 par; 10,000,000 shares authorized; None issued and outstanding 0 0
Common Stock, $0.001 par; 7,500,000 shares authorized; 4,570,199 and 3,133,789 issued and outstanding at March 31, 2017 and 2016, respectively 4,570 3,135
Additional Paid-In Capital 15,795,550 10,734,857
Accumulated Deficit (10,704,919) (9,760,954)
Total Stockholders' Equity 5,095,201 977,038
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,481,773 $ 1,869,369