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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash and cash equivalents$ 3,045,348$ 2,136,351
Accounts receivable, net of allowance for doubtful accounts of $20,000 and $35,000 for 2011 and 2010, respectively2,657,7813,946,398
Inventories2,588,2251,349,161
Prepaid expenses and other current assets188,841204,824
TOTAL CURRENT ASSETS8,480,1957,636,734
FIXED ASSETS , net of accumulated depreciation848,799813,214
OTHER ASSETS:  
License agreements, net of current portion525,000600,000
Deposits on manufacturing equipment208,4600
Deposits and other assets36,22636,226
TOTAL ASSETS10,098,6809,086,174
CURRENT LIABILITIES:  
Accounts payable and accrued liabilities2,346,4102,055,943
Current portion of loans payable341,01355,817
Deferred revenue490,52265,000
License fee payable0875,000
Current portion of obligations under capital leases21,07124,697
TOTAL CURRENT LIABILITIES3,199,0163,076,457
OTHER LIABILITIES:  
Loans payable - net of current portion145,859186,197
Obligations under capital leases - net of current portion014,576
TOTAL LIABILITIES3,344,8753,277,230
COMMITMENTS AND CONTINGENCIES  
STOCKHOLDERS' EQUITY:  
Preferred stock - 10,000,000 shares authorized, none outstanding00
Common stock - $.01 par value; 100,000,000 shares authorized, 63,315,096 and 62,238,983 shares issued and outstanding for 2011 and 2010, respectively633,151622,390
Additional paid-in capital40,064,57039,658,617
Accumulated deficit(33,943,916)(34,472,063)
TOTAL STOCKHOLDERS' EQUITY6,753,8055,808,944
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 10,098,680$ 9,086,174