XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 456,343 $ 486,521
Accounts receivable, net of allowance for doubtful accounts of $4,789 and $4,793, respectively 396,420 418,681
Inventories, net 174,416 213,056
Prepaid expenses and other current assets 116,185 77,593
Total current assets 1,143,364 1,195,851
Property and equipment, net 40,622 55,088
Intangible assets, net 240,141 262,819
Other assets, net 93,807 5,250
Total assets 1,517,934 1,519,008
Current liabilities:    
Trade accounts payable and other current liabilities 370,297 380,685
Accrued Series C Preferred Stock Dividends 19,168 19,168
Total current liabilities 389,465 399,853
Lease liabilities payable 33,852
Long-term debt 1,788,797 1,551,284
Total liabilities 2,212,114 1,951,137
Series B Redeemable Convertible Preferred Stock, $.01 par value; authorized: 1,000 shares; issued and outstanding: 0 shares
Commitments and contingencies
Shareholders' deficit:    
Preferred stock, $.01 par value; authorized: 2,497,500 shares; none issued and outstanding
Common stock, $.01 par value; authorized: 200,000,000 shares; issued and outstanding: 68,104,957 shares 681,050 681,050
Additional paid-in capital 78,078,872 78,069,200
Accumulated deficit (79,463,174) (79,191,451)
Total shareholders' deficit (694,180) (432,129)
Total liabilities and shareholders' deficit 1,517,934 1,519,008
Series C Convertible Preferred Stock [Member]    
Shareholders' deficit:    
Preferred stock, $.01 par value; authorized: 2,497,500 shares; none issued and outstanding
Total shareholders' deficit
Series D Convertible Preferred Stock [Member]    
Shareholders' deficit:    
Preferred stock, $.01 par value; authorized: 2,497,500 shares; none issued and outstanding 9,072 9,072
Total shareholders' deficit $ 9,072 $ 9,072