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Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 23,677,111 $ 27,714,588
Accounts receivable 7,884,665 9,073,173
Inventories 6,852,386 5,326,962
Deferred costs 1,712,139 1,773,446
Prepaid expenses and other current assets 1,520,125 1,376,299
Total current assets 41,646,426 45,264,468
Equipment, molds, furniture and fixtures, net 17,607,938 17,867,412
Patent rights, net 1,924,619 2,044,608
Goodwill 1,095,355 1,095,355
Other assets 53,675 53,607
Total Assets 62,328,013 66,325,450
Current Liabilities:    
Accounts payable 8,687,427 7,884,983
Accrued expenses and other liabilities 7,108,360 5,872,846
Deferred revenue 3,928,590 6,149,087
Total current liabilities 19,724,377 19,906,916
Deferred revenue – long term 1,200,000 1,200,000
Total liabilities 20,924,377 21,106,916
Stockholders’ Equity:    
Preferred Stock: $0.01 par, authorized 3,000,000 shares, none outstanding
Common Stock: $0.01 par; 300,000,000 shares authorized; 155,447,871 and 155,167,677 issued and outstanding at March 31, 2017 and December 31, 2016, respectively 1,554,479 1,551,677
Additional paid-in capital 298,837,495 297,826,433
Accumulated deficit (258,278,409) (253,445,306)
Accumulated other comprehensive loss (709,929) (714,270)
Total Stockholders' Equity 41,403,636 45,218,534
Total Liabilities and Stockholders’ Equity $ 62,328,013 $ 66,325,450