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Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 1,147,198 $ 165,249
Accounts receivable, net of allowance for doubtful accounts of $5,000 in 2013 and $179,259 in 2012 1,532,856 978,982
Inventories 1,321,652 638,561
Advances on contracts 727,478 476,969
Prepaid expenses and other current assets 150,451 239,061
Total current assets 4,879,635 2,498,822
Accounts receivable-long term, net of allowance for doubtful accounts of $167,971 in 2012   119,201
Advances on contracts 1,580,874 2,350,477
Investment in Milestone Medical Inc. 924,115  
Investment in Milestone Education LLC 42,082  
Furniture, Fixtures & Equipment net of accumulated depreciation of $476,884 as of December 31, 2013 and $458,708 as of December 31, 2012 23,988 36,624
Patents, net of accumulated amortization of $498,502 as of December 31, 2013 and $420,556 as of December 31, 2012 591,735 648,662
Other assets 12,917 7,317
Total assets 8,055,346 5,661,103
Current Liabilities:    
Accounts payable 2,020,368 2,336,594
Accrued expenses and other payable 515,132 581,407
Accrued interest on Notes Payable   356,563
Total current liabilities 2,535,500 3,274,564
Long-term Liabilities:    
Notes payable   450,000
Total long-term liabilities   450,000
Commitments and Contingencies      
Stockholders’ Equity    
Preferred Stock, par value $.001, 5,000,000 shares      
Common stock, par value $.001; authorized 50,000,000 shares; 17,759,540 shares issued 1,839,930 shares to be issued and 17,726,207 shares outstanding as of December 31, 2013; 16,563,306 shares issued 1,635,709 shares to be issued and 16,529,973 shares outstanding as of December 31, 2012 19,599 18,199
Additional paid-in capital 66,677,200 64,560,224
Accumulated deficit (60,265,438) (61,730,368)
Treasury stock, at cost, 33,333 shares (911,516) (911,516)
Total stockholders’ equity 5,519,846 1,936,539
Total liabilities and stockholders’ equity $ 8,055,346 $ 5,661,103