XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 4,517,620 $ 5,080,445
Accounts receivable, net 1,271,732 1,478,135
Note receivable, current 209,331
Inventory, net 2,082,354 1,720,438
Unbilled revenue 478,081 1,222,047
Prepaid expenses and other current assets 729,780 586,439
Total current assets 9,288,898 10,087,504
Property and equipment, net 776,145 677,273
Note receivable, long-term 191,574
Deferred tax assets, net 2,740,000 2,710,182
Investment in MREC 1,374,933 1,374,933
TOTAL ASSETS 14,371,550 14,849,892
CURRENT LIABILITIES    
Accounts payable 785,509 535,795
Accrued compensation and related costs 787,121 593,491
Accrued expenses and other current liabilities 261,293 243,573
Note payable, current 11,250 11,250
Deferred revenue 2,151,709 2,992,912
Total current liabilities 3,996,882 4,377,021
Long-term liabilities:    
Deferred rent liability 63,028 75,444
Note payable, long-term 11,250 11,250
Total long-term liabilities 74,278 86,694
Total liabilities 4,071,160 4,463,715
Commitments and contingencies  
STOCKHOLDERS’ EQUITY    
Preferred stock $0.0001 par value; 5,000,000 authorized; no shares issued or outstanding
Common stock, value 793 793
Treasury stock at cost; 23,467 shares outstanding as of March 31, 2018 and December 31, 2017. (112,109) (112,109)
Additional paid-in capital 14,954,563 14,954,563
Accumulated deficit (4,542,857) (4,457,070)
Total stockholders’ equity 10,300,390 10,386,177
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 14,371,550 14,849,892
Class A Common Stock [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value
Class B Common Stock [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value