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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net loss $ (1,179,148) $ (2,278,045)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 657 876
Amortization 35,294 42,144
Provision for bad debt expense 140,152 $ (6,847)
Provision for inventory losses 110,000
Change in estimated fair value of derivative (1,139,365) $ 142,922
Fair value of common stock issued for services 18,000 453,062
Stock based compensation 61,555 129,098
Change in operating assets and liabilities:    
Accounts receivable 1,470,994 (194,805)
Inventory (51,614) (65,643)
Prepaid expenses and other current assets (201,063) (85,180)
Accounts payable and accrued expenses (141,493) (270,954)
Net cash used in operating activities (876,031) (2,133,372)
Cash flows from investing activities:    
Restricted cash (53) (33)
Net cash used in investing activities (53) (33)
Cash flow from financing activities:    
Proceeds from warrants exercised for cash 30,000 0
Proceeds from issuance of Series C Preferred Stock 1,000,000 4,500,000
Repayments on debt (403,778) (2,986,118)
Net cash provided by financing activities 626,222 1,513,882
NET DECREASE IN CASH (249,862) (619,523)
CASH - beginning of period 376,840 668,326
CASH - end of period 126,978 48,803
SUPPLEMENTAL DISCLOSURES    
Interest paid in cash 13,119 122,556
Non-cash transactions:    
Conversion of preferred stock to common stock 698 2,222
Conversion of notes payable and accrued interest to Series C preferred stock 500,000 1,214,206
Dividend paid in common stock 68,441 85,573
Dividends declared but unpaid 66,626 66,872
Warrants issued in connection with Series C Preferred Offering $ 303,043 $ 0