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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2013
Dec. 31, 2012
ASSETS:    
Cash $ 6,026,135 $ 936,911
Accounts receivable, net 1,526,489 969,111
Inventory 2,494,298 3,684,991
Deferred tax asset 689,000 689,000
Prepaid expenses and other current assets 69,756 117,059
Total current assets 10,805,678 6,397,072
PROPERTY AND EQUIPMENT, net 8,839 18,577
Intangibles assets, net 1,092,055 1,256,866
Long-term investments 50,000   
Deposits 3,048 3,048
TOTAL ASSETS 11,959,620 7,675,563
LIABILITIES AND STOCKHOLDERS' EQUITY:    
Accounts payable 1,129,386 1,209,380
Accrued expenses and other liabilities 172,846 191,787
Income tax payable 53,000 32,000
Line of credit 437,089 437,089
Redemption of preferred stock payable 2,597,792   
Total current liabilities 4,390,113 1,870,256
LONG-TERM DEBT 2,555,384   
TOTAL LIABILITIES 6,945,497 1,870,256
CONTINGENCIES AND COMMITMENTS      
STOCKHOLDERS' EQUITY:    
Preferred stock series B, $.01 par value, 1,000 shares authorized; 0 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 $0 and $757,063 as of September 30, 2013 and December 31, 2012, respectively    757,064
Preferred stock series C, $.01 par value, 500 shares authorized; 0 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 $0 and $50,755 as of September 30, 2013 and December 31, 2012, respectively    50,756
Common stock, $.01 par value, 150,000,000 shares authorized; 8,105,853 and 74,753,482 issued and outstanding as of September 30, 2013 and December 31, 2012, respectively 77,753 747,535
Subscribed common stock 3,306   
Additional paid-in capital 26,004,573 26,864,676
Accumulated deficit (21,071,509) (22,614,724)
Total stockholders' equity 5,041,123 5,805,307
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 11,959,620 $ 7,675,563