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Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 862,070 $ 632,631
Accounts receivable, net 2,322,230 1,896,701
Inventories, net 972,122 957,327
Prepaid expenses and other current assets 88,016 125,707
Total current assets 4,244,438 3,612,366
Property and equipment:    
Machinery and office equipment 2,157,668 2,025,397
Computer equipment 1,090,103 984,099
Property and equipment, gross 3,247,771 3,009,496
Accumulated depreciation (2,874,006) (2,764,964)
Property and equipment, net 373,765 244,532
Goodwill 4,427,000 4,427,000
Other assets 90,918 85,918
Total assets 9,136,121 8,369,816
Current liabilities:    
Accounts payable and accrued expenses 2,201,890 3,007,048
Accrued payroll and related expenses 517,397 528,155
Bank line of credit 413,212 815,981
Deferred income 1,888,224 978,555
Related party and other short term notes payable 500,000 600,000
Related party convertible notes payable-current portion 380,696 380,696
Short term portion of deferred service revenue 99,493 131,344
Short term portion of capital leases and deferred rent 19,580 25,102
Total current liabilities 6,020,492 6,466,881
Related party convertible notes payable 371,929 371,929
Long term portion of deferred service revenue 52,953 83,301
Long term portion of deferred rent 280,087 275,589
Deferred income taxes 167,229 143,274
Total liabilities 6,892,690 7,340,974
Stockholders’ equity:    
Common stock, $0.001 par value: Authorized – 20,000,000 shares, Issued and outstanding – 5,576,705 shares at September 30, 2015 and 5,403,851 shares at December 31, 2014 5,577 5,404
Additional paid-in capital 62,069,129 61,713,995
Accumulated deficit (59,831,275) (60,690,557)
Total stockholders’ equity 2,243,431 1,028,842
Total liabilities and stockholders’ equity $ 9,136,121 $ 8,369,816