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Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Series B Convertible Preferred Stock [Member]    
Stockholders’ Equity:    
Series B Convertible Preferred Stock, $.01 par value, 10,000,000 authorized, 690,527 and 1,895,010 outstanding $ 6,905 $ 18,950
Cash and Cash Equivalents 1,535,792 $ 4,856,232
Certificates of Deposit 1,000,000
Marketable Securities (Note 12) 802,850
Accounts Receivable 52,778 $ 38,283
Inventories 256,531 231,740
Prepaid Expense and other assets 170,889 271,579
Total Current Assets 3,818,840 5,397,834
Fixed Assets, net 137,633 139,598
Intangibles, net 94,578 94,987
Total Assets 4,051,051 5,632,419
Accounts Payable 791,684 650,413
Accrued Expenses 722,988 864,295
Deferred Revenue 5,000 5,000
Total Current Liabilities 1,519,672 1,519,708
Total Liabilities $ 1,519,672 $ 1,519,708
Commitments and Contingencies
Common Stock, $.01 par value, 100,000,000 authorized, 53,259,529 and 5,206,428 outstanding $ 532,594 $ 52,063
Additional paid-in capital 44,657,835 44,534,135
Accumulated Deficit (42,668,806) (40,492,437)
Total Stockholders' Equity 2,531,379 4,112,711
Total Liabilities and Stockholders' Equity $ 4,051,051 $ 5,632,419