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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 1,652,000 $ 224,000
Accounts receivable 1,967,000 962,000
Inventories 15,000
Prepaid expenses 91,000 89,000
Total current assets 3,710,000 1,290,000
Property and Equipment:    
Equipment 2,043,000 1,721,000
Furniture and fixtures 43,000 43,000
Leasehold improvements 63,000 55,000
2,149,000 1,819,000
Accumulated depreciation and amortization (1,828,000) (1,695,000)
321,000 124,000
Other assets 38,000 38,000
TOTAL ASSETS 4,069,000 1,452,000
Current Liabilities:    
Accounts payable, trade 193,000 194,000
Accrued expenses 1,403,000 988,000
Dividends payable 594,000 447,000
Obligations under capital lease, current portion 58,000 44,000
Deferred revenue 1,004,000 406,000
Total current liabilities 3,252,000 2,079,000
Loan payable to officer 1,815,000 2,865,000
Obligations under capital lease, noncurrent portion 64,000 17,000
Commitments and contingencies
Stockholders’ Deficit:    
Common stock 133,000 128,000
Common stock held in treasury, at cost—10 shares (362,000) (362,000)
Additional paid-in-capital 56,609,000 56,518,000
Accumulated deficit (59,242,000) (61,529,000)
Accumulated other comprehensive loss (43,000) (107,000)
Total stockholders’ deficit (1,062,000) (3,509,000)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 4,069,000 1,452,000
Series 1 Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock 707,000 707,000
Series 2 Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock 724,000 724,000
Series 3 Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock $ 412,000 $ 412,000