XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Series B Convertible Preferred Stock [Member]    
Stockholders’ Equity:    
Series B Convertible Preferred Stock, $.01 par value, 20,000,000 authorized, 79,246 and 1,895,010 outstanding $ 792 $ 18,950
Cash and Cash Equivalents 634,478 4,856,232
Marketable Securities (Note 11) 576,888
Accounts Receivable 45,017 38,283
Inventories 289,249 231,740
Prepaid Expense and other assets 163,188 271,579
Total Current Assets 1,708,820 5,397,834
Fixed Assets, net 110,910 139,598
Intangibles, net 97,335 94,987
Total Assets 1,917,065 5,632,419
Accounts Payable 648,061 650,413
Accrued Expenses 820,114 864,295
Deferred Revenue 5,000 5,000
Total Current Liabilities 1,473,175 1,519,708
Accrued Expenses 432,376
Total Liabilities 1,905,551 1,519,708
Commitments and Contingencies
Common Stock, $.01 par value, 8,000,000 authorized, 3,404,860 and 208,259 outstanding 34,048 2,080
Additional paid-in capital 46,257,774 44,584,118
Accumulated Deficit (46,285,679) (40,492,437)
Accumulated Other Comprehensive Income 4,579
Total Stockholders' Equity 11,514 4,112,711
Total Liabilities and Stockholders' Equity $ 1,917,065 $ 5,632,419