CONDENSED CONSOLIDATED BALANCE SHEETS - PLN	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash	PLN 32,000	PLN 587,000
Accounts receivable, net of allowance for doubtful accounts of $111 and $83 at September 30, 2016 and December 31, 2015, respectively	1,611,000	1,798,000
Inventories, net	4,182,000	3,075,000
Prepaid expenses and other current assets	122,000	186,000
Total current assets	5,947,000	5,646,000
Property and equipment, net	1,870,000	1,941,000
In-process research and development	4,620,000	4,620,000
Trademarks, trade names	1,240,000	1,240,000
Goodwill	4,658,000	4,658,000
Other assets	245,000	273,000
Total assets	18,580,000	18,378,000
Current liabilities:
Secured lines of credit and current portion of long-term debt	3,398,000	2,857,000
Notes due to employees, current portion	696,000	202,000
Account payable and accrued expenses	3,066,000	3,032,000
Advances - related parties	152,000	70,000
Total current liabilities	7,312,000	6,161,000
Long-term debt, net of current portion	78,000	121,000
Notes due to employees, net of current portion	166,000	725,000
Deferred tax liability – long-term	2,205,000	2,205,000
Total liabilities	9,764,000	9,212,000
Stockholders’ equity :
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 198,355 shares issued and outstanding (liquidation value of all classes of preferred stock $2,510 and $2,442 as of September 30, 2016 and December 31, 2015, respectively)	962,000	962,000
Common stock, $0.001 par value; 35 million shares authorized, 21,269,307 and 21,055,990 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	21,000	21,000
Additional paid-in capital	8,888,000	8,340,000
Treasury stock	(327,000)	(327,000)
Accumulated other comprehensive loss	(377,000)	(609,000)
Retained earnings (accumulated deficit)	(351,000)	779,000
Total stockholders' equity	8,816,000	9,166,000
Total liabilities and stockholders' equity	PLN 18,580,000	PLN 18,378,000