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Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Cash and Cash Equivalents $ 2,086,408 $ 1,764,090
Certificates of Deposit 2,693,985 100,000
Marketable Securities 284,329
Accounts Receivable 68,506 38,919
Inventories 249,186 272,208
Prepaid Expense and other assets 160,282 148,637
Total Current Assets 5,258,367 2,608,183
Fixed Assets, net 112,709 101,496
Intangibles, net 95,172 97,867
Total Assets 5,466,248 2,807,546
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts Payable 79,264 220,112
Accrued Expenses 1,202,939 1,346,105
Deferred Revenue 14,407 7,998
Total Current Liabilities 1,296,610 1,574,215
Accrued Expenses 186,922 309,649
Total Liabilities 1,483,532 1,883,864
Commitments and Contingencies
Common Stock, $.01 par value, 24,000,000 authorized, 6,489,428 and 4,564,428 outstanding 64,894 45,644
Additional paid-in capital (52,277,328) (47,894,196)
Accumulated Deficit 48,360,298 47,018,451
Accumulated Other Comprehensive Income 1,501
Total Stockholders' Equity 3,982,716 923,682
Total Liabilities and Stockholders' Equity 5,466,248 2,807,546
Series B Convertible Preferred Stock [Member]    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Series B Convertible Preferred Stock, $.01 par value, 20,000,000 authorized, 79,246 and 79,246 outstanding $ 792 $ 792