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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2013
Dec. 31, 2012
ASSETS:    
Cash $ 2,364,244 $ 936,911
Accounts receivable, net 1,803,019 969,111
Inventory 2,978,544 3,684,991
Deferred tax asset 689,000 689,000
Prepaid expenses and other current assets 115,307 117,059
Total current assets 7,950,114 6,397,072
PROPERTY AND EQUIPMENT, net 11,690 18,577
Intangibles assets, net 1,146,992 1,256,866
Long-term investments 100,000   
Deposits 3,048 3,048
TOTAL ASSETS 9,211,844 7,675,563
LIABILITIES AND STOCKHOLDERS' EQUITY:    
Accounts payable 1,317,348 1,209,380
Accrued expenses and other liabilities 202,805 191,787
Income tax payable 42,000 32,000
Line of credit 437,089 437,089
Total current liabilities 1,999,242 1,870,256
TOTAL LIABILITIES 1,999,242 1,870,256
CONTINGENCIES AND COMMITMENTS      
STOCKHOLDERS' EQUITY:    
Preferred stock series B, $.01 par value, 1,000 shares authorized; 103.3 and 103.3 issued and outstanding of its 10% Perpetual Preferred with a Stated Value of $10,000 per share with a cumulative dividend of $847,685 and $757,063 as of June 30, 2013 and December 31, 2012, respectively 847,686 757,064
Preferred stock series C, $.01 par value, 500 shares authorized; 125 and 125 issued and outstanding of its convertible preferred stock with a Stated Value of $10,000 per share with a $0.25 conversion price and a cumulative dividend of $76,900 and $50,755 as of June 30, 2013 and December 31, 2012, respectively 76,902 50,756
Common Stock, $.01 par value, 150,000,000 shares authorized; 77,753,482 and 74,753,482 issued and outstanding as of June 30, 2013 and December 31, 2012, respectively 777,535 747,535
Additional paid-in capital 27,067,578 26,864,676
Accumulated deficit (21,557,099) (22,614,724)
Total stockholders' equity 7,212,602 5,805,307
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 9,211,844 $ 7,675,563