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BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 113,000 $ 36,000
Accounts receivable, net of allowance for doubtful accounts of $36,000 at December 31, 2018 and $52,000 at December 31, 2017 452,000 348,000
Inventory, net of allowance of $268,000 at December 31, 2018 and $500,000 at December 31, 2017 1,019,000 1,473,000
Prepaid expenses and other current assets 29,000 97,000
Total current assets 1,613,000 1,954,000
Property, plant and equipment, net 718,000 792,000
Patents, net 123,000 109,000
Other assets 21,000 21,000
Deferred finance costs - line of credit, net 0 15,000
Total assets 2,475,000 2,891,000
Current liabilities    
Accounts payable 359,000 374,000
Accrued expenses and other current liabilities 449,000 311,000
Wages payable 278,000 259,000
Line of credit 502,000 446,000
Current portion of long-term debt 237,000 87,000
Total current liabilities 1,825,000 1,477,000
Other liabilities/debt 7,000 19,000
Long-term debt, net of current portion and deferred finance costs 789,000 772,000
Total liabilities 2,621,000 2,268,000
COMMITMENTS AND CONTINGENCIES  
Stockholders' equity:    
Preferred stock; par value $.01 per share; 5,000,000 shares authorized, none issued and outstanding 0 0
Common stock; par value $.01 per share; 50,000,000 shares authorized; 32,279,368 issued and outstanding as of December 31, 2018 and 29,782,770 issued and outstanding as of December 31, 2017 323,000 298,000
Additional paid-in capital 21,404,000 21,170,000
Accumulated deficit (21,873,000) (20,845,000)
Total stockholders' (deficit)/equity (146,000) 623,000
Total liabilities and stockholders' (deficit)/equity $ 2,475,000 $ 2,891,000