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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 477,928 $ 194,021
Accounts receivable - net 1,828,534 2,007,751
Inventories 754,418 492,222
Prepaid expenses 568,386 634,016
Deferred tax asset - current portion 925,000 925,000
Total current assets 4,554,266 4,253,010
Property and equipment:    
Equipment 1,963,957 1,376,190
Leasehold improvements 88,718 88,718
Construction and equipment in progress 351,533 0
Total 2,404,208 1,464,908
Less accumulated depreciation and amortization 1,194,888 1,092,785
Net property and equipment 1,209,320 372,123
Deferred tax asset (net of current portion) 8,696,870 8,158,523
Goodwill 278,466 0
Other assets including long-term portion of notes receivable - net 5,159,937 5,681,272
Total assets 19,898,859 18,464,928
Current liabilities:    
Current portion of long-term notes payable to bank 655,725 601,081
Current portion of loan payable to Super G 1,130,765 0
Accounts payable and accrued expenses 339,125 847,418
Total current liabilities 2,125,615 1,448,499
Long-term obligations:    
Notes payable to bank (net of current portion) 710,729 1,366,454
Loan payable to Super G (net of current portion) 718,175 0
Notes payable to officers 310,000 175,000
Note payable to Kingsway America 600,000 600,000
Convertible notes payable 769,835 0
Derivative warrant liability 210,404 0
Derivative conversion liability 435,671 0
Total long-term liabilities 3,754,814 2,141,454
Stockholders' equity:    
Common stock - no par value (25,000,000 shares authorized, 20,775,921 issued and outstanding as of December 31, 2015 and 20,783,032 issued and outstanding as of December 31, 2016) 24,308,297 24,294,002
Accumulated deficit (10,289,867) (9,419,027)
Total stockholders' equity 14,018,430 14,874,975
Total liabilities and stockholders' equity $ 19,898,859 $ 18,464,928