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Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,379,508 $ 1,319,006
Accounts receivable, net 2,687,325 2,866,877
Inventories, net 2,198,266 1,537,439
Prepaid expenses and other current assets 385,508 259,464
Deferred cost on shipments to distributors 204,405 947,799
Total current assets 8,855,012 6,930,585
Property and equipment:    
Machinery and office equipment 2,052,091 2,063,221
Computer equipment 851,823 945,054
Property and equipment, gross 2,903,914 3,008,275
Accumulated depreciation (2,241,010) (2,444,392)
Property and equipment, net 662,904 563,883
Goodwill 4,427,000 4,427,000
Other long term assets 271,650 75,918
Deferred tax assets 5,637,480 9,589,408
Total assets 19,854,046 21,586,794
Current liabilities:    
Accounts payable and accrued expenses 1,112,234 1,581,226
Accrued payroll and related expenses 630,999 632,931
Deferred revenue on shipments to distributors 492,611 2,010,441
Short term portion of deferred service revenue 31,536 47,776
Short term portion of capital leases and deferred rent 55,382 39,175
Related party convertible notes payable 752,625
Total current liabilities 2,322,762 5,064,174
Long term portion of deferred service revenue 29,447 25,610
Long term portion of capital leases and deferred rent 271,414 327,078
Total liabilities 2,623,623 5,416,862
Stockholders’ equity:    
Common stock, $0.001 par value: Authorized – 20,000,000 shares, Issued and outstanding – 7,011,128 shares at December 31, 2017 and 5,878,405 shares at December 31, 2016 7,011 5,878
Additional paid-in capital 64,777,620 62,889,851
Accumulated deficit (47,554,208) (46,725,797)
Total stockholders’ equity 17,230,423 16,169,932
Total liabilities and stockholders’ equity $ 19,854,046 $ 21,586,794