XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
UNAUDITED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 358,679 $ 995,611
Accounts Receivable, Net 3,046,957 1,162,300
Inventory, Net 7,439,912 5,185,864
Other Current Assets 241,947 312,963
Total Current Assets 11,087,495 7,656,738
Property and Equipment, Net 1,293,717 1,275,717
Rental Equipment, Net 800,261 1,461,716
Lease Right of Use Asset 808,928
Other Assets 358,806 391,330
Total Other Assets 3,261,712 3,128,763
TOTAL ASSETS 14,349,207 10,785,501
Current Liabilities:    
Accounts Payable 734,462 560,076
Accrued Expenses 278,261 264,534
Customer Deposits 355,522 302,000
Joint Venture Liability 247,503 142,500
Lines of Credit 1,367,358 3,180,968
Notes Payable, Current Portion 1,062,604 777,601
Lease Liability 129,081
Total Current Liabilities 4,174,791 5,227,679
Long-Term Liabilities    
Deferred Tax Liabilities, Net 1,123,368 588,792
Notes Payable, Net of Current Portion 3,593,015 1,689,353
Lease Liability, Net of Current Portion 679,847
Total Long-Term Liabilities 5,396,230 2,278,145
TOTAL LIABILITIES 9,571,021 7,505,824
Commitments and Contingencies (Note 11)
Shareholders’ Equity    
Preferred Stock, $0.001 par value, 5,000,000 shares authorized, no shares issued and outstanding
Common Stock, $0.001 par value, 1,000,000,000 shares authorized 14,829,155 and 14,629,155 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively. 14,829 14,629
Additional Paid-In Capital 21,671,534 21,600,734
Accumulated Deficit (16,908,177) (18,335,686)
Total Stockholders’ Equity 4,778,186 3,279,677
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY $ 14,349,207 $ 10,785,501