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CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 6,270,644 $ 11,466,807
Accounts receivable from related party 40,603 23,544
Trade accounts receivable 5,305 14,013
Inventory 159,093 171,575
Prepaid expenses 531,628 504,719
Total current assets 7,007,273 12,180,658
Fixed assets, net 658,899 773,779
Intangible assets, net 137,523 195,765
Other assets 99,135 116,919
Total assets 7,902,830 13,267,121
Current liabilities:    
Accounts payable 576,210 513,927
Accrued expenses 455,299 343,225
Deferred revenue 2,925,725 3,154,498
Total current liabilities 3,957,234 4,011,650
Long Term Debt 4,790,891 4,738,614
Total Liabilities $ 8,748,125 $ 8,750,264
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Common stock, $0.001 par value - 450,000,000 and 300,000,000 shares authorized at September 30, 2015 and December 31, 2014, respectively; 172,841,047 and 172,683,342 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 172,843 $ 172,686
Additional paid-in capital 126,107,664 125,434,483
Accumulated deficit (127,125,802) (121,090,312)
Total stockholders’ equity (deficit) (845,295) 4,516,857
Total liabilities and stockholders’ equity (deficit) $ 7,902,830 $ 13,267,121