XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash $ 19,178 $ 148,349
Accounts receivable, net of allowance for doubtful accounts of $4,789 404,477 236,338
Inventories, net 312,506 259,007
Employee retention tax credit receivable 140,137 0
Prepaid expenses and other current assets 32,657 99,163
Total current assets 908,955 742,857
Property and equipment, net 42,665 39,511
Intangible assets, net 176,662 194,200
Other assets, net 139,283 161,876
LIABILITIES AND SHAREHOLDERS’ DEFICIT    
Total assets 1,267,565 1,138,444
Trade accounts payable and other current liabilities 727,351 704,363
Current portion of long-term debt 4,386 4,386
Accrued Series C Convertible Preferred Stock Dividends 19,168 19,168
Total current liabilities 750,905 727,917
Operating lease liabilities payable 100,772 119,886
Long-term debt 2,559,774 2,451,257
Total liabilities 3,411,451 3,299,060
Shareholders’ deficit :    
Preferred stock 9,072 9,072
Common stock, $0.01 par value; authorized: 200,000,000 shares; issued and outstanding: 68,104,957 shares 681,050 681,050
Additional paid-in capital 78,086,910 78,086,910
Accumulated deficit (80,920,918) (80,937,648)
Total shareholders’ deficit (2,143,886) (2,160,616)
Total liabilities and shareholders’ deficit 1,267,565 1,138,444
Series C Convertible Preferred Stock [Member]    
Shareholders’ deficit :    
Preferred stock 0 0
Series D Convertible Preferred Stock [Member]    
Shareholders’ deficit :    
Preferred stock $ 0 $ 0