XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 1,699,602 $ 1,645,320
Accounts receivable, net 1,532,535 1,650,584
Inventory 868,911 920,885
Current assets - discontinued operations 0 1,767,333
Other current assets 70,445 68,559
Total current assets 4,171,493 6,052,681
Property and equipment, net 2,123,868 2,193,463
Investment 150,000 150,000
Non-current assets - discontinued operations 0 4,665,554
Intangible assets, net 808,818 940,452
Total assets 7,254,179 14,002,150
Current liabilities    
Accounts payable and accrued liabilities 1,621,155 1,702,526
Accrued liabilities - related parties   458,710
Accrued interest 1,500 9,230
Revolving credit facilities 1,300,000 1,380,000
Notes payable, current portion, net of discount 255,625 897,615
Current liabilities - discontinued operations 0 10,512,255
Contingent liabilities 60,000 91,000
Total current liabilities 3,238,280 15,051,336
Accrued interest – long term 620,669 614,465
Note payable - long term portion, net of discount 1,367,005 1,254,042
Notes payable - related parties, long term portion 164,650 164,650
Long term liabilities - discontinued operations 0 2,301,151
Total liabilities 5,390,604 19,385,644
Stockholders' equity (deficit)    
Common stock, $0.0001 par value; 500,000,000 shares authorized; 25,206,819 and 24,248,486 shares issued; 24,473,157 and 23,547,823 shares outstanding at June 30, 2016 and December 31, 2015, respectively 2,519 2,423
Additional paid-in capital 34,203,219 32,344,584
Treasury stock, 519,254 and 486,254 shares outstanding at June 30, 2016 and December 31, 2015 (174,949) (160,099)
Accumulated deficit (32,167,214) (37,570,402)
Total stockholder's equity (deficit) 1,863,575 (5,383,494)
Total liabilities and stockholders' equity (deficit) $ 7,254,179 $ 14,002,150