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CONDENSED CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and Cash Equivalents $ 1,287,984 $ 5,916,068
Accounts Receivable - net 1,286,899 1,414,576
Inventories (Note 3) 4,557,946 1,395,175
Deposits on Merchandise (Note 11) 168,729 442,358
Prepaid Expenses 132,150 76,730
Other Assets 36,613 36,613
Total Current Assets 7,470,321 9,281,519
Property and Equipment - net (Note 4) 560,558 250,264
Other Assets:    
Intangible Assets - net (Note 5) 2,010,417 2,287,548
Security Deposits 4,700 4,700
Total Other Assets 2,015,117 2,292,248
Total Assets 10,045,996 11,824,031
Current Liabilities:    
Accounts Payable and Accrued Expenses 1,170,930 1,087,978
Common Stock to be Issued (Note 12) 45,237 52,721
Customer Deposits 33,771 35,111
Deferred Rent 10,092 14,745
Advances on Grant (Note 11) 210,503
Total Current Liabilities 1,260,031 1,401,057
Total Liabilities 1,260,031 1,401,057
Commitments and Contingencies
Stockholders' Equity:    
Cumulative Convertible Series A Preferred Stock; par value $0.01, 1,000,000 shares authorized; 510,000 shares issued and outstanding at September 30, 2016 and December 31, 2015 5,100 5,100
Cumulative Convertible Series B Preferred Stock; $1,000 stated value;7.5% Cumulative dividend; 4,000 shares authorized; none issued and outstanding at September 30, 2016 and December 31, 2015
Common stock; par value $0.01, 200,000,000 shares authorized; 120,825,134 and 120,063,180 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively. 1,208,251 1,200,632
Additional Paid-in Capital 41,295,540 40,391,216
Accumulated Deficit (33,722,926) (31,173,973)
Total Stockholders' Equity 8,785,966 10,422,973
Total Liabilities and Stockholders' Equity $ 10,045,996 $ 11,824,031