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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
ASSETS:    
Cash $ 3,305,179 $ 936,911
Accounts receivable, net 1,259,887 969,111
Inventory 2,752,636 3,684,991
Deferred taxes 689,000 689,000
Prepaid expenses and other current assets 127,448 117,059
Total current assets 8,134,150 6,397,072
PROPERTY AND EQUIPMENT, net 5,988 18,577
Intangibles assets, net 1,037,117 1,256,866
Long-term investments 50,000   
Deposits 3,048 3,048
TOTAL ASSETS 9,230,303 7,675,563
LIABILITIES AND STOCKHOLDERS' EQUITY:    
Accounts payable 1,204,894 1,209,380
Accrued expenses and other liabilities 280,402 191,787
Income tax payable 48,000 32,000
Line of credit 437,089 437,089
Current Portion of Term Loan Agreement 489,129   
Redemption of preferred stock payable 15,459   
Total current liabilities 2,474,974 1,870,256
LONG-TERM DEBT 1,946,733   
TOTAL LIABILITIES 4,421,707 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 December 31, 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 December 31, 2013 and December 31, 2012, respectively    50,756
Common stock, $.01 par value, 150,000,000 shares authorized; 8,110,853 and 74,753,482 issued and outstanding as of December 31, 2013 and December 31, 2012, respectively 81,109 747,535
Subscribed common stock 66   
Additional paid-in capital 26,049,722 26,864,676
Accumulated deficit (21,322,299) (22,614,724)
Total stockholders' equity 4,808,598 5,805,307
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 9,230,303 $ 7,675,563