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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 1,022,290 $ 1,763,114
Accounts receivable 27,049 41,431
Inventories 31,973 37,435
Prepaid expenses and other current assets 92,533 49,167
Total current assets 1,173,845 1,891,147
Other non-current assets, net of amortization 16,427 19,157
Total assets 1,190,272 1,910,304
Current liabilities:    
Accounts payable and accrued expenses 257,468 324,983
Deposits 100,000 135,000
Total current liabilities 357,468 459,983
Long-term liabilities:    
Convertible notes payable 3,500,972 3,245,972
Discount on convertible notes payable (2,885,814) (2,937,019)
Total liabilities $ 972,626 $ 768,936
STOCKHOLDERS’ EQUITY:    
Convertible Preferred Series A, $.00067 Par Value, 50,000,000 Shares Authorized, -0- Shares Issued and Outstanding, at December 31, 2015 and March 31, 2016, respectively.
Common stock, $.00067 Par Value, 200,000,000 Shares Authorized, 85,788,153 and 86,268,517 Shares Issued, at December 31, 2015 and March 31, 2016, respectively. $ 57,553 $ 57,236
Additional paid-in capital 85,140,493 84,410,821
Accumulated deficit (85,653,116) (84,075,695)
Accumulated other comprehensive loss (49,885) (40,567)
Non-controlling interest (Note 8) 722,601 789,573
Total stockholders’ equity 217,646 1,141,368
Total liabilities and stockholders’ equity $ 1,190,272 $ 1,910,304