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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 3,262,263 $ 4,989,392
Accounts receivable, less allowances of $30,200 in 2015 and $26,300 in 2014 89,376 265,530
Accounts due from employees and distributors 134,668 121,208
Inventories:    
Finished goods 3,657,612 3,782,171
Raw materials 1,382,635 1,216,031
Sales aids and promotional materials 132,475 179,263
Total inventories 5,172,722 5,177,465
Refundable income taxes 522,035 257,577
Prepaid expenses and other current assets 552,645 661,038
Deferred income taxes 66,000 61,000
Total current assets 9,799,709 11,533,210
Other assets 285,153 295,929
Cash surrender value of life insurance 2,848,232 2,747,944
Note receivable due from distributor 1,630,164 1,732,982
Deferred income taxes 623,000 686,000
Intangible assets, net 2,655,647 2,925,775
Property, plant, and equipment 18,766,218 18,945,772
Less accumulated depreciation 12,347,091 12,019,802
Property, plant, and equipment, net 6,419,127 6,925,970
Total assets 24,261,032 26,847,810
Current liabilities:    
Accounts payable and accrued expenses 3,937,752 5,187,057
Current maturities of long-term debt 781,505 697,423
Total current liabilities 4,719,257 5,884,480
Noncurrent liabilities:    
Revolving line of credit 0 500,000
Long-term debt, less current maturities 3,159,575 3,047,267
Noncurrent deferred income taxes 94,000 0
Other noncurrent liabilities 405,705 418,785
Total noncurrent liabilities 3,659,280 3,966,052
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 3,000,000 shares authorized; -0- shares issued and outstanding in 2015 and 2014 0 0
Common stock, par value $0.001 per share; 30,000,000 shares authorized, 14,773,083 shares issued and 12,919,110 shares outstanding in 2015; 14,673,083 shares issued and 12,819,110 shares outstanding in 2014 14,773 14,673
Additional paid-in capital 30,499,817 30,321,598
Accumulated deficit (8,659,262) (7,434,595)
Accumulated other comprehensive loss:    
Foreign currency translation adjustment (634,273) (565,838)
Treasury stock (5,338,560) (5,338,560)
Total stockholders' equity 15,882,495 16,997,278
Total liabilities and stockholders' equity $ 24,261,032 $ 26,847,810