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BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 98,000 $ 4,000
Accounts receivable, net of allowance for doubtful accounts of $22,000 at December 31, 2020 and $34,000 at December 31, 2019 407,000 370,000
Inventory, net of allowance of $279,000 at December 31, 2020 and $291,000 at December 31, 2019 536,000 810,000
Prepaid expenses and other current assets 104,000 6,000
Right of use asset - operating leases 35,000 34,000
Total current assets 1,180,000 1,224,000
Property, plant and equipment, net 576,000 644,000
Patents, net 108,000 116,000
Right of use asset - operating leases 41,000 73,000
Other assets 21,000 21,000
Total assets 1,926,000 2,078,000
Current liabilities    
Accounts payable 577,000 652,000
Accrued expenses and other current liabilities 620,000 518,000
Right of use liability - operating leases 33,000 34,000
Wages payable 107,000 104,000
Line of credit 277,000 337,000
PPP Loan 332,000 0
Current portion of long-term debt, net of deferred finance costs 75,000 42,000
Total current liabilities 2,021,000 1,687,000
Long-term debt, net of current portion and deferred finance costs 1,120,000 1,108,000
Right of use liability - operating leases 41,000 73,000
Total liabilities 3,182,000 2,868,000
COMMITMENTS AND CONTINGENCIES
Stockholders' deficit:    
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; 37,703,476 issued and outstanding as of December 31, 2020 and 32,680,984 issued and outstanding as of December 31, 2019 377,000 327,000
Additional paid-in capital 21,717,000 21,437,000
Accumulated deficit (23,350,000) (22,554,000)
Total stockholders' (deficit) (1,256,000) (790,000)
Total liabilities and stockholders' (deficit) $ 1,926,000 $ 2,078,000