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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS  
Cash and cash equivalents$ 76,209$ 78,673
Accounts receivable - trade, less allowance for doubtful accounts of $ 85,475 and $ 47,4752,793,3622,657,865
Inventories net of reserve5,741,7205,576,129
Prepaid expenses323,767210,340
Deferred Tax Asset less Valuation Allowance of $ -0- and $ -0- 55,116
Total current assets8,935,0588,578,123
PROPERTY AND EQUIPMENT  
Computers and office equipment716,672403,161
Warehouse equipment499,787493,277
Leasehold improvements232,012228,851
Tooling4,049,5003,615,589
Construction in progress267,756475,820
Total5,765,7275,216,698
Less accumulated depreciation3,352,0142,955,825
Net property and equipment2,413,7132,260,873
OTHER ASSETS  
Patents, less amortization of $ 234,072 and $205,877285,763289,441
Intangible Assets461,000461,000
Goodwill67,51167,511
Deposits and other assets44,413179,123
Total other assets858,687997,075
Total assets12,207,45811,836,071
CURRENT LIABILITIES  
Notes payable100,000100,000
Lines of Credit 2,528,000
Current maturities of long-term debt561,634946,216
Accounts payable - trade2,367,8061,926,499
Accrued expenses315,877504,504
Total current liabilities3,345,3176,005,219
LONG-TERM LIABILITIES  
Long-term debt - less current portion above629,540797,604
Revolving Line of Credit2,791,964 
Deferred income taxes97,735 
Total long term liabilities3,519,239797,604
Total liabilities6,864,5566,802,823
STOCKHOLDERS' EQUITY  
COMMON STOCK, no par value; 50,000,000 shares authorized, 15,737,380 and 15,726,196 shares issued and outstanding at September 30, 2011 and December 31, 2010 respectively4,514,5924,514,267
PAID-IN CAPITAL38,3992,399
ACCUMULATED DEFICIT(678,080)(951,409)
Total stockholders' equity5,342,9025,033,248
Total liabilities and stockholders' equity12,207,45811,836,071
Preferred Stock
  
STOCKHOLDERS' EQUITY  
CONVERTIBLE PREFERRED STOCK602,679602,679
Series 2009 Preferred Stock
  
STOCKHOLDERS' EQUITY  
CONVERTIBLE PREFERRED STOCK$ 865,312$ 865,312