XML 13 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash $ 135,325 $ 141,822
Accounts receivable, net of $8,000 and $11,000 allowance for doubtful accounts, respectively 30,258 59,474
Accounts receivable - related parties 45,940 41,270
Inventory 650,724 654,213
Prepaid expenses and other current assets 58,230 58,012
Other current assets - related parties 0 3,020
Deferred tax asset, net - current 190 190
Total current assets 920,667 958,001
Property and equipment, net 76,733 85,712
Deferred tax asset, net - non-current 2,330 2,330
Other assets 6,649 6,649
Total assets 1,006,379 1,052,692
Current liabilities    
Accounts payable and accrued liabilities 363,402 349,946
Customer deposits and unearned revenue 18,073 25,238
Royalties payable - related parties 153,575 152,546
Other liabilities 226,146 231,551
Other liabilities and accrued interest - related parties 84,500 84,500
Convertible debentures, net 312,743 371,965
Notes payable - current portion 6,128 6,099
Notes payable - related parties - current portion 8,848 11,098
Total current liabilities 1,173,415 1,232,943
Long-term liabilities    
Notes payable - long-term portion 4,590 6,133
Total liabilities $ 1,178,005 $ 1,239,076
Commitments and contingencies
Stockholders’ deficit    
Preferred stock; $0.001 par value: 10,000,000 shares authorized; 425,000 issued and outstanding $ 425 $ 425
Common stock; $0.0001 par value; 1,000,000,000 shares authorized; and 86,841,190 and 86,825,138 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively 8,683 8,681
Common stock payable; $0.0001 par value; 195,610 and 195,610 shares, respectively 20 20
Additional paid-in capital 8,665,636 8,665,565
Accumulated deficit (8,846,390) (8,861,075)
Total stockholders’ deficit (171,626) (186,384)
Total liabilities and stockholders’ deficit $ 1,006,379 $ 1,052,692