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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 3,967,957 $ 7,814,220
Accounts receivable, net 641,575 678,646
Inventory, net 924,345 826,012
Prepaid expenses and other current assets 456,008 566,239
Total current assets 5,989,885 9,885,117
Property and equipment, net 996,564 1,074,710
Goodwill 600,814 637,528
Intangible assets, net 1,821,860 1,888,814
Other noncurrent assets 270,503 270,327
Total assets 9,679,626 13,756,496
Current liabilities    
Accounts payable 2,205,538 2,285,792
Accrued compensation and benefits 1,260,839 1,081,270
Accrued liabilities 930,941 920,286
Deferred revenue 51,794 50,925
Current maturities of long-term capital lease obligation 242,459 251,800
Total current liabilities 4,691,571 4,590,073
Deferred rent 461,552 352,985
Long-term capital lease obligation and other noncurrent liabilities 277,190 328,642
Notes payable 994,792 993,750
Total liabilities 6,425,105 6,265,450
Stockholders' equity    
Common stock, $.01 par value; 200,000,000 shares authorized; 12,576,306 and 12,547,644 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively 125,763 125,477
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued at March 31, 2016 and December 31, 2015 (Note 8) 0 0
Additional paid-in capital 121,761,475 121,490,994
Accumulated other comprehensive loss (2,171) (1,059)
Accumulated deficit (118,630,546) (114,124,366)
Total stockholders’ equity 3,254,521 7,491,046
Total liabilities and stockholders’ equity $ 9,679,626 $ 13,756,496