Organization And Summary Of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Organization And Summary Of Significant Accounting Policies Tables

Schedule of Components of Accounts Receivable, net

The following table summarizes the components of Accounts Receivable, net:

	March 31,			December 31,
	2018			2017
Trade Accounts Receivables at period end	$	2,871,902		$	4,561,782
Reserve for estimated marketing allowances, cash discounts and other incentives		(173,426	)		(194,061	)
Total Accounts Receivable, net	$	2,698,476		$	4,367,721

Schedule of Changes in Reserve Included in Net Accounts Receivable

The following table summarizes the changes in the Company's reserve for marketing allowances, cash discounts and other incentives which is included in net accounts receivable:

	March 31,			December 31,
	2018			2017
Balance at beginning of the year	$	(194,061	)	$	(1,200,792	)
Accrued allowances		—			(921,833	)
Reversal of prior year accrued allowances		1,749			58,867
Expenditures		18,886			1,869,697
Balance at period-end	$	(173,426	)	$	(194,061	)

Schedule of Basic Weighted Average Shares Outstanding is Reconciled to Diluted

Basic weighted average shares outstanding is reconciled to diluted weighted shares outstanding as follows:

	3 months ended		3 months ended
	March 31, 2018		March 31, 2017
Basic weighted average shares outstanding		47,046,364		47,621,553
Dilutive warrants		—		262,424
Diluted weighted average shares outstanding		47,046,364		47,883,977

Schedule of Net Revenue by Major Source

The following table disaggregates net revenue by major source:

	For the 3 Months Ended March 31, 2018									For the 3 Months Ended March 31, 2017
	Capstone Brand			License Brands			Total Consolidated			Capstone Brand			License Brands			Total Consolidated
Lighting Products- U.S.		$	148,301		$	3,594,781		$	3,743,082		$	716,995		$	5,460,918		$	6,177,913
Lighting Products-International			165,894			151,192			317,086			574,283			—			574,283
Total Revenue		$	314,195		$	3,745,973		$	4,060,168		$	1,291,278		$	5,460,918		$	6,752,196

Schedule of Changes in Product Warranty Liabilities Included in Accounts Payable and Accrued Liabilities

The following table summarizes the changes in the Company's product warranty liabilities which are included in accounts payable and accrued liabilities in the accompanying March 31, 2018 and December 31, 2017 balance sheets:

	March 31,		December 31,
	2018		2017
Balance at the beginning of the period	$	328,279	$	294,122
Amount accrued		11,977		940,291
Amount expensed		—		(906,134	)
Balance at period-end	$	340,256	$	328,279

Schedule of Components of Accounts Payable and Accrued Liabilities

The following table summarizes the components of accounts payable and accrued liabilities at March 31, 2018 and December 31, 2017, respectively:

	March 31,		December 31,
	2018		2017
Accounts payable	$	1,389,747	$	2,132,894
Accrued warranty reserve		340,256		328,279
Accrued compensation, benefits, commissions and other expenses		159,834		272,343
Total accrued liabilities		500,090		600,622
Total	$	1,889,837	$	2,733,516