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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 889,029 $ 1,763,114
Accounts receivable 46,706 41,431
Inventories 23,880 37,435
Prepaid expenses and other current assets 43,920 49,167
Total current assets 1,003,535 1,891,147
Equipment, net of depreciation 5,385
Other non-current assets, net of amortization 13,697 19,157
Total assets 1,022,617 1,910,304
Current liabilities:    
Accounts payable and accrued expenses 293,063 324,983
Deposits 100,000 135,000
Total current liabilities 411,144 459,983
Long-term liabilities:    
Convertible promissory notes, 12% interest, matures June 1, 2018 3,780,972 3,245,972
Line of credit, 18% interest, matures December 1, 2017 300,000
Discount on convertible notes payable and line of credit (3,041,167) (2,937,019)
Total liabilities 1,450,949 768,936
STOCKHOLDERS’ EQUITY (DEFICIT):    
Convertible Preferred Series A, $.00067 Par Value, 50,000,000 Shares Authorized, -0- Shares Issued and Outstanding, at December 31, 2015 and June 30, 2016, respectively. 0 0
Common stock, $.00067 Par Value, 200,000,000 Shares Authorized, 85,648,015 and 87,081,254 Shares Issued, at December 31, 2015 and June 30, 2016, respectively. 58,186 57,236
Additional paid-in capital 86,162,823 84,410,821
Accumulated deficit (87,266,592) (84,075,695)
Accumulated other comprehensive loss (50,491) (40,567)
Non-controlling interest (Note 8) 667,742 789,573
Total stockholders’ equity (deficit) (428,332) 1,141,368
Total liabilities and stockholders’ equity $ 1,022,617 $ 1,910,304