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Statement - CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash $ 731,849 $ 463,189
Accounts receivable, net of allowance for bad debt of $40,550 and $28,910 164,459 786,250
Royalties Receivable 50,250 50,250
Inventory, net of allowance for obsolescence of $0 and $144,996 0 711,397
Prepaid and Other Assets 31,926 26,274
Total Current Assets 978,484 2,037,360
LONG-TERM ASSETS:    
Property, plant and equipment, net of accumulated depreciation of $70,116 and $56,951 52,827 63,211
Intangible assets, net of accumulated amortization of $500,023 and $434,999 52,266 117,291
Equity method investment (Cellerate, LLC) 1,958,463 0
Total Long-Term Assets 2,063,556 180,502
TOTAL ASSETS 3,042,040 2,217,862
CURRENT LIABILITIES:    
Accounts Payable 54,179 225,462
Accounts Payable - related Parties 63,288 60,000
Accrued royalties and payables 34,214 244,422
Accrued Commission 241,849 46,534
Deferred rent 10,474 13,920
Accrued Interest 0 324,986
Convertible notes payable - related parties 0 1,200,000
Total Current Liabilities 404,004 2,115,324
LONG-TERM LIABILITIES    
Convertible notes payable - related parties 1,500,000 0
Accrued Interest 25,978 0
Total Long-Term Liabilities 1,525,978 0
TOTAL LIABILITIES 1,929,982 2,115,324
STOCKHOLDERS' EQUITY (DEFICIT)    
Series C Convertible Preferred Stock, $10 par value, 100,000 shares authorized; none issued and outstanding as of December 31, 2018 and 85,646 issued and outstanding as of December 31, 2017 0 855,610
Common Stock: $.001 par value; 250,000,000 shares authorized; 236,646,512 issued and 236,642,423 outstanding as of December 31, 2018 and 113,427,943 issued and 113,423,854 outstanding as of December 31, 2017 236,647 113,428
Additional Paid-in Capital 48,356,467 46,013,982
Treasury Stock (12,039) (12,039)
Accumulated Deficit (47,469,017) (46,868,443)
Total Stockholders' Deficit 1,112,058 102,538
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 3,042,040 $ 2,217,862