Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Taxes

Schedule of differences between the carrying amount of assets and liabilities for financial reporting purposes and their respective income tax basis

December 31	2015	2014
Deferred tax assets:
Net operating loss carryforwards	33,424,100	29,263,100
Charitable contributions	500	500
Inventory reserves	267,700	152,000
Amortization	51,400	123,500
Allowance for doubtful accounts	72,300	35,400
Stock-based compensation	260,600	107,900
Total deferred tax assets	34,076,600	29,682,400
Deferred tax liabilities:
Depreciation	(62,400)	(85,700)
Total deferred tax assets (liabilities)	(62,400)	(85,700)
Net deferred tax assets	34,014,200	29,596,700
Valuation allowance	(34,014,200)	(29,596,700)