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Condensed Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 781,497 $ 1,147,198
Treasury bills 9,499,865  
Accounts receivable, net of allowance for doubtful accounts of $5,000 as of September 30, 2014 and $5,000 as of December 31, 2013 1,624,345 1,532,856
Inventories 2,241,466 1,321,652
Advances on contracts 1,092,528 727,478
Prepaid expenses and other current assets 370,933 150,451
Total current assets 15,610,634 4,879,635
Advances on contracts 218,875 1,580,874
Investment in Milestone Medical Inc 619,574 924,115
Furniture, Fixtures & Equipment net of accumulated depreciation of $459,918 as of September 30, 2014 and $476,884 as of December 31, 2013 77,994 23,988
Patents, net of accumulated amortization of $557,280 as of September 30, 2014and $498,502 as of December 31, 2013 532,957 591,735
Other assets 12,917 12,917
Total assets 17,269,807 8,055,346
Current Liabilities:    
Accounts payable 1,340,889 2,020,368
Customer advances 49,441  
Accrued expenses and other payables 610,327 515,133
Total current liabilities 2,000,657 2,535,501
Commitments and Contingencies      
Stockholders' Equity    
Common stock, par value $.001; authorized 50,000,000 shares; 21,251,533 shares issued 875,322 shares to be issued and 21,218,200 shares outstanding as of September 30, 2014; 17,759,540 shares issued, 1,839,930 shares to be issued, and 17,726,207 shares outstanding as of December 31, 2013 22,126 19,599
Additional paid-in capital 76,757,084 66,677,200
Accumulated deficit (60,598,551) (60,265,438)
Treasury stock, at cost, 33,333 shares (911,516) (911,516)
Total stockholders' equity 15,269,150 5,519,845
Total liabilities and stockholders' equity 17,269,807 8,055,346
Series A Preferred Stock
   
Stockholders' Equity    
Series A Convertible Preferred Stock, par value $.001, authorized 5,000,000 shares, 7,000 and zero shares issued and outstanding, respectively 7  
Education Joint Venture
   
Current Assets:    
Investment 31,627 42,082
Milestone China
   
Current Assets:    
Investment $ 165,229