XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Balance Sheets (USD $)
May 31, 2013
Aug. 31, 2012
Current assets:    
Cash and cash equivalents $ 10,882,122 $ 11,102,508
Accounts receivable, net of allowance for doubtful accounts of $20,000 1,199,843 289,587
Related party trade accounts receivable 24,823 33,257
Inventories, net 2,309,299 2,403,957
Other current assets 201,609 120,069
Total current assets 14,617,696 13,949,378
Property and equipment, net 1,333,289 1,412,639
Patents, net   4,032
Total assets 15,950,985 15,366,049
Current liabilities:    
Accounts payable 385,334 195,754
Accrued liabilities 423,419 424,698
Customer deposits 876,230 24,980
Deferred revenue - current portion 133,309 96,865
Total current liabilities 1,818,292 742,297
Deferred revenue - net of current portion 59,216 126,420
Total liabilities 1,877,508 868,717
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, $.001 par value; 10,000,000 shares authorized, no shares issued and outstanding      
Common stock, $.001 par value, 80,000,000 shares authorized, 34,006,202 and 29,777,522 shares issued, respectively 34,006 29,778
Additional paid-in capital 57,466,759 51,845,035
Treasury stock, 24,331 shares at cost (234) (234)
Accumulated deficit (43,427,054) (37,377,247)
Total stockholders' equity 14,073,477 14,497,332
Total liabilities and stockholders' equity $ 15,950,985 $ 15,366,049