XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Balance Sheets (Unaudited) (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 39,314 $ 55,393
Accounts receivable, net of allowances of $571,177 at March 31, 2014 and $640,456 at December 31, 2013 1,861,014 1,674,812
Inventories 1,867,938 1,714,081
Prepaid expenses and other current assets 242,876 225,152
Total current assets 4,011,142 3,669,438
Equipment, net 48,736 51,025
Total assets 4,059,878 3,720,463
Current liabilities    
Bank debt 455,409 318,318
Accounts payable 949,437 693,546
Accrued expenses 299,767 322,410
Total current liabilities 1,704,613 1,334,274
Total liabilities 1,704,613 1,334,274
Stockholders' equity    
Common stock, $0.01 par value: Authorized - 25,000,000 shares; issued and outstanding - 7,982,704 shares at March 31, 2014 and December 31, 2013, respectively 79,827 79,827
Additional paid-in capital 34,183,549 34,177,779
Accumulated deficit (32,272,828) (32,235,772)
Accumulated other comprehensive income (loss) 364,717 364,355
Total stockholders' equity 2,355,265 2,386,189
Total liabilities and stockholders' equity $ 4,059,878 $ 3,720,463