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Condensed Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 95,868 $ 1,846,704
Accounts receivable, net of allowances of $511,386 at June 30, 2016 and $483,349 at December 31, 2015 2,003,088 1,079,145
Inventories 3,791,024 2,784,610
Prepaid expenses and other current assets 963,290 381,205
Total current assets 6,853,270 6,091,664
Other assets 569,699 573,049
Equipment, net 185,314 205,132
Total assets 7,608,283 6,869,845
Current liabilities    
Bank debt 606,285 0
Accounts payable 2,390,338 1,423,503
Accrued expenses 902,210 292,756
Total liabilities 3,898,833 1,716,259
Stockholders' equity    
Common stock: Authorized: 25,000,000 shares at $0.01 par value Issued and outstanding: 13,827,803 shares at June 30, 2016 and 13,477,803 shares at December 31, 2015 138,278 134,778
Additional paid-in capital 38,217,637 37,965,230
Accumulated deficit (34,646,465) (32,946,422)
Total stockholders' equity 3,709,450 5,153,586
Total liabilities and stockholders' equity $ 7,608,283 $ 6,869,845