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Condensed Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 433,000 $ 352,000
Accounts receivable, net of allowance for doubtful accounts of $51,000 at June 30, 2015, and $47,000 at December 31, 2014 859,000 814,000
Inventory, net of allowance of $366,000 at June 30, 2015 and $324,000 at December 31, 2014 1,824,000 1,722,000
Current portion of deferred financing 0 43,000
Prepaid expenses and other current assets 96,000 85,000
Total current assets 3,212,000 3,016,000
Property, plant and equipment, net 942,000 983,000
Patents 68,000 65,000
Other assets 14,000 14,000
Deferred finance costs 193,000 0
Total assets 4,429,000 4,078,000
Current liabilities    
Accounts payable 508,000 410,000
Accrued expenses and other current liabilities 190,000 192,000
Wages payable 318,000 264,000
Line of credit, net 1,072,000 979,000
Current portion of long-term debt, net 75,000 858,000
Total current liabilities 2,163,000 2,703,000
Other liabilities 68,000 68,000
Related party note 124,000 124,000
Long-term debt 923,000 213,000
Total liabilities $ 3,278,000 $ 3,108,000
COMMITMENTS AND CONTINGENCIES    
Stockholders' equity:    
Preferred stock; par value $.01 per share; 5,000,000 shares authorized, none issued and outstanding at June 30, 2015 and December 31, 2014    
Common stock; par value $.01 per share; 50,000,000 shares authorized; 26,032,930 issued and outstanding at June 30, 2015 and 23,648,315 issued and outstanding at December 31, 2014 $ 260,000 $ 236,000
Additional paid-in capital 20,641,000 20,356,000
Accumulated deficit (19,750,000) (19,622,000)
Total stockholders’ equity 1,151,000 970,000
Total liabilities and stockholders’ equity $ 4,429,000 $ 4,078,000