XML 11 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 238,172 $ 229,218
Accounts receivable, net 4,400,032 2,229,512
Inventories 6,300,794 5,202,303
Prepaid expenses and other current assets 680,411 578,406
Total current assets 11,619,409 8,239,439
Other assets 240,999 391,668
Equipment, net 268,645 161,574
Total assets 12,129,053 8,792,681
Current liabilities    
Bank debt 1,949,850 90,260
Accounts payable 3,529,843 3,526,851
Accrued sales tax 240,973 831,000
Accrued expenses 1,883,741 1,172,984
Total liabilities 7,604,407 5,621,095
Commitments and contingencies (Note 4)
Stockholders' equity    
Common stock: Authorized: 25,000,000 shares at $0.01 par value Issued and outstanding: 16,106,681 shares at September 30, 2018 and 15,286,540 shares at December 31, 2017 161,067 152,865
Additional paid-in capital 40,857,998 40,265,282
Accumulated deficit (36,494,419) (37,246,561)
Total stockholders' equity 4,524,646 3,171,586
Total liabilities and stockholders' equity $ 12,129,053 $ 8,792,681