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Statement - CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash $ 833,480 $ 182,337
Accounts receivable, net of allowance for bad debt of $21,947 and $20,388 744,044 251,546
Royalties Receivable 50,250 201,000
Inventory, net of allowance for obsolescence for $153,023 and $150,135 348,457 409,778
Prepaid and Other Assets 19,782 114,009
Total Current Assets 1,996,013 1,158,670
LONG-TERM ASSETS:    
Property Plant and Equipment, net of accumulated depreciation of $41,328 and $31,477 34,939 41,762
Intangible assets, net of accumulated amortization of $369,974 and $318,944 140,336 191,366
Total Long-Term Assets 175,275 233,128
TOTAL ASSETS 2,171,288 1,391,798
CURRENT LIABILITIES:    
Accounts Payable 238,229 222,351
Accounts Payable - Related Parties 93,655 21,099
Accrued Royalties and Dividends 276,916 323,062
Capital Lease Obligation 3,766 4,504
Accrued Interest 367,411 273,068
Derivative Liabilities 44 310
Notes Payable 414,338 444,700
Convertible Notes Payable 0 170,000
Total Current Liabilities 1,394,359 1,459,094
LONG-TERM LIABILITIES    
Convertible Notes Payable - Related Parties 1,200,000 1,200,000
Capital Lease Obligation 0 3,973
Total Long-Term Liabilities 1,200,000 1,203,973
TOTAL LIABILITIES 2,594,359 2,663,067
STOCKHOLDERS' EQUITY (DEFICIT)    
Series C Convertible Preferred Stock, $10 par value, 100,000 shares authorized; 85,646 issued and outstanding as of December 31, 2016 and 80,218 issued and outstanding as of December 31, 2015 856,460 802,180
Common Stock: $.001 par value; 250,000,000 shares authorized; 109,690,387 issued and 109,686,298 outstanding as of December 31, 2016 and 107,274,816 issued and 107,270,727 outstanding as of December 31, 2015 109,690 107,274
Additional Paid-in Capital 45,822,570 44,615,321
Treasury Stock (12,039) (12,039)
Accumulated Deficit (47,199,752) (46,784,005)
Total Stockholders' Deficit (423,071) (1,271,269)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 2,171,288 $ 1,391,798