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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 118,474 $ 1,249,550
Accounts receivable, net 1,654,579 1,627,058
Inventories, net 1,074,477 1,187,941
Restricted cash 103,603
Short term investments 1,602,655 2,389,521
Prepaid expenses and other current assets 304,020 91,072
Total current assets 4,754,205 6,648,745
Property and equipment, net 206,232 218,036
Intangible assets 21,250 22,500
Other assets 49,308 52,470
Deferred financing costs 730,953 842,533
Total assets 5,761,948 7,784,284
Current Liabilities:    
Accounts payable 702,826 886,316
Accrued expenses 803,381 911,843
UBS Credit Line 1,280,275
Current portion of automobile loans 8,467 11,446
Current portion of equipment loan 42,049 39,979
Total current liabilities 1,556,723 3,129,859
Other liabilities 30,000 30,000
Deferred rent 903 1,807
Long term portion of automobile loans 15,431 17,580
Long term portion of equipment loan 26,202 36,495
Total liabilities 1,629,259 3,215,741
Commitments and contingencies, Note 8
Stockholders' Equity    
Preferred stock, par value $0.0001; authorized 1,000,000 shares; no shares issued and outstanding
Common stock, par value $0.0001; authorized 35,000,000 shares; 8,358,066 and 7,715,306 shares issued and outstanding, as of March 31, 2017 and December 31, 2016, respectively 836 772
Additional paid-in capital 20,581,990 17,575,583
Accumulated deficit (16,432,088) (12,977,566)
Accumulated other comprehensive loss (18,049) (30,246)
Total stockholders' equity 4,132,689 4,568,543
Total liabilities and stockholders' equity $ 5,761,948 $ 7,784,284