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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 3,828 $ 11,217
Restricted cash 243,255 145,088
Accounts receivable, net 65,431 51,627
Inventories 209,415 182,647
Prepaid expenses and other current assets 85,576 81,718
Total current assets 607,505 472,297
Property and equipment, net 331,759 409,248
Web development costs, net 35,901 84,562
Total assets 975,165 966,107
Current liabilities:    
Accounts payable - trade 1,841,548 2,189,649
Accounts payable - related parties 862
Accrued expenses and other current liabilities 1,036,356 597,665
Current portion of equipment lease payable 46,143
Notes payable 1,300,000 991,089
Note payable - related parties 67,905 23,889
Redeemable preferred stock - Series C; par value $0.001 per share; 10,000 designated Series C: 10,000 issued and outstanding as of December 31, 2016 and December 31, 2015 (aggregate liquidation preference of $1,000,000) 1,000,000 1,000,000
Total current liabilities 5,245,809 4,849,297
Commitments and contingencies
Stockholders' deficiency:    
Preferred stock - par value $0.001 per share; authorized 1,000,000 shares; issued and outstanding as of December 31, 2016 and December 31, 2015 as follows:
Convertible preferred stock - Series A - 200,000 shares designated Series A; 44,443 shares available to be issued; no shares issued and outstanding
Convertible preferred stock - Series B - 625,000 shares designated Series B; 517,359 and 483,512 shares issued and outstanding as of December 31, 2016 and December 31, 2015, respectively (aggregate liquidation preference of $5,231,274 and $4,889,043 as of December 31, 2016 and December 31, 2015, respectively) 517 484
Common stock - par value $0.001 per share; authorized 100,000,000 (see Note 8), 43,761,825 and 38,844,374 shares issued and 42,582,613 and 37,665,162 shares outstanding as of December 31, 2016 and 2015, respectively 43,762 38,844
Additional paid-in capital 32,014,629 30,656,598
Treasury stock, at cost, 1,179,212 shares as of December 31, 2016 and 2015 (3,419,715) (3,419,715)
Accumulated deficit (32,909,837) (31,159,401)
Total stockholders' deficiency (4,270,644) (3,883,190)
Total liabilities and stockholders' deficiency $ 975,165 $ 966,107