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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 5,602,261 $ 4,007,341
Accounts receivable, net 2,859,599 5,510,253
Inventory, net 12,807,883 13,320,639
Prepaid expenses and other assets 1,072,054 602,850
Total current assets 22,341,797 23,441,083
Long-term assets:    
Inventory, net 21,185,270 25,617,990
Property and equipment, net 1,545,650 1,859,355
Intangible assets, net 118,345 216,947
Other assets 233,697 291,022
Total long-term assets 23,082,962 27,985,314
TOTAL ASSETS 45,424,759 51,426,397
Current liabilities:    
Accounts payable 3,296,955 3,286,086
Accrued cooperative advertising 28,000 220,000
Accrued expenses and other liabilities 1,171,645 684,577
Total current liabilities 4,496,600 4,190,663
Long-term liabilities:    
Accrued expenses and other liabilities 736,742 809,879
Accrued income taxes 417,261 407,682
Total long-term liabilities 1,154,003 1,217,561
Total liabilities $ 5,650,603 $ 5,408,224
Commitments and contingencies
Shareholders' equity:    
Common stock, no par value $ 54,240,247 $ 53,949,001
Additional paid-in capital - stock-based compensation 12,786,308 11,628,503
Accumulated deficit (27,252,399) (19,559,331)
Total shareholders' equity 39,774,156 46,018,173
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 45,424,759 $ 51,426,397