XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash $ 125,791 $ 244,024
Accounts Receivable, net 1,189,622 1,290,702
Prepaid and other current assets 278,921 256,071
Inventory, net 1,270,070 1,130,966
Total Current Assets 2,864,404 2,921,763
Property, Plant and Equipment, net 802,654 133,235
Other Assets    
Patents, net 140,961 131,625
Deposits 56,869 105,541
Deferred Equity Offering Costs 233,714 195,028
Total Other Assets 431,544 432,194
Total Assets 4,098,602 3,487,192
Current Liabilities    
Accounts Payable 1,594,215 1,368,257
Accrued Expenses - short term portion 1,162,187 614,170
Sales Tax Payable 62 191
Deferred revenue 904,107 835,785
Convertible Line of Credit 1,118,442 960,000
Convertible Notes Payable, net of discount amounting to $223,190 and $446,381 at March 31, 2019 and December 31, 2018, respectively 1,427,426 1,104,235
Note Payable, net of discount of $74,315 at December 31, 2018 862,500 788,185
Auto Loan - Current Portion 10,679 10,520
Total Current Liabilities 7,079,618 5,681,343
Long-term Liabilities    
Accured Expenses - Long-Term Portion 218,224 0
Convertible Notes Payable - Related Party, net of debt discount amounting to $10,483 and $7,749 at March 31, 2019 and December 31, 2018, respectively 187,017 177,251
Convertible Notes Payable - Long Term Portion 0 100,000
Long-term portion of Auto Loan 6,535 9,277
Total Long Term Liabilities 411,776 286,528
Total Liabilities 7,491,394 5,967,871
Commitments and Contingencies (Note 10)
Stockholders' Deficit    
Preferred Stock, $0.001 par value, 10,000,000 authorized, 0 outstanding as of March 31, 2019 and December 31, 2018, respectively. 0 0
Common Stock, $0.001 par value, 9,800,000 shares authorized, 2,910,380 and 2,906,630 shares issued or issuable and outstanding at March 31, 2019 and December 31, 2018, respectively. 2,910 2,907
Additional Paid-in-Capital 39,429,588 39,392,073
Accumulated Deficit (42,825,290) (41,875,659)
Total Stockholders' Deficit (3,392,792) (2,480,679)
Total Liabilities and Stockholders' Deficit $ 4,098,602 $ 3,487,192