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CONSOLIDATED BALANCE SHEET - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and Cash Equivalents $ 4,550,003 $ 948,326
Accounts Receivable, net 1,835,949 1,521,378
Inventories (Note 3) 3,518,884 4,047,310
Deposits on Merchandise (Note 10) 0 147,010
Prepaid Expenses 270,419 104,448
Total Current Assets 10,175,255 6,768,469
Property & Equipment - net (Note 4) 712,822 611,807
Other Assets:    
Intangible Assets - net (Note 5) 1,548,532 1,918,040
Security Deposits 4,700 4,700
Total Other Assets 1,553,232 1,922,740
Total Assets 12,441,310 9,303,016
Current Liabilities:    
Accounts Payable 751,730 735,879
Accrued Expenses and Other Current Liabilities (Note 13) 267,136 278,413
Accrued Interest (Note 6) 80,000 0
Customer Deposits 3,062 30,120
Deferred Rent 781 8,541
Total Current Liabilities 1,102,709 1,052,953
Convertible Notes Payable, net of discount of $55,625 at December 31, 2017 (Note 6) 5,944,375 0
Total Long-Term Liabilities 5,944,375 0
Total Liabilities 7,047,084 1,052,953
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 December 31, 2016 and 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 December 31, 2017 and December 31, 2016 0 0
Common stock; par value $0.01, 200,000,000 shares authorized; 122,049,958 and 120,825,134 shares issued and outstanding at December 31, 2017 and December 31, 2016, respectively. 1,220,499 1,208,251
Additional Paid-in Capital 42,139,675 41,367,946
Accumulated Deficit (37,971,049) (34,331,234)
Total Stockholders' Equity 5,394,225 8,250,063
Total Liabilities and Stockholders' Equity $ 12,441,310 $ 9,303,016