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Condensed Balance Sheets (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 1,121,721 $ 1,147,198
Treasury Bills 9,498,498  
Accounts receivable, net of allowance for doubtful accounts of $5,000 as of June 30, 2014 and $5,000 as of December 31, 2013 1,443,386 1,532,856
Inventories 1,964,390 1,321,652
Advances on contracts 1,454,807 727,478
Prepaid expenses and other current assets 161,560 150,451
Total current assets 15,644,362 4,879,635
Advances on contracts 218,875 1,580,874
Investment in Milestone Medical Inc 760,750 924,115
Investment in Milestone Education LLC 34,261 42,082
Furniture, Fixtures & Equipment net of accumulated depreciation of $454,818 as of June 30, 2014 and $476,884 as of December 31, 2013 38,153 23,988
Patents, net of accumulated amortization of $537,687 as of June 30, 2014 and $498,502 as of December 31, 2013 552,550 591,735
Other assets 12,917 12,917
Total assets 17,261,868 8,055,346
Current Liabilities:    
Accounts payable 983,972 2,020,368
Customer advances 209,000  
Accrued expenses and other payables 754,538 515,133
Total current liabilities 1,947,510 2,535,501
Commitments and Contingencies      
Stockholders' Equity    
Common stock, par value $.001; authorized 50,000,000 shares; 21,074,786 shares issued 875,322 shares to be issued and 21,041,453 shares outstanding as of June 30, 2014; 17,759,540 shares issued, 1,839,930 shares to be issued, and 17,726,207 shares outstanding as of December 31, 2013 21,949 19,599
Additional paid-in capital 76,443,979 66,677,200
Accumulated deficit (60,240,061) (60,265,438)
Treasury stock, at cost, 33,333 shares (911,516) (911,516)
Total stockholders' equity 15,314,358 5,519,845
Total liabilities and stockholders' equity 17,261,868 8,055,346
Series A Preferred Stock
   
Stockholders' Equity    
Series A Convertible Preferred Stock, par value $.001, authorized 5,000,000 shares, 7,000 and zero shares issued and outstanding, respectively $ 7