Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)

v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 555,441us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,128,072us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash on deposit 63,000us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 63,000us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 917,718us-gaap_AccountsReceivableNetCurrent 1,460,422us-gaap_AccountsReceivableNetCurrent
Inventories, net 1,158,242us-gaap_InventoryNet 1,027,250us-gaap_InventoryNet
Prepaid expenses 132,838us-gaap_PrepaidExpenseCurrent 95,282us-gaap_PrepaidExpenseCurrent
Total current assets 2,827,239us-gaap_AssetsCurrent 3,774,026us-gaap_AssetsCurrent
Property and equipment, net 122,868us-gaap_PropertyPlantAndEquipmentNet 131,750us-gaap_PropertyPlantAndEquipmentNet
Other assets:    
Goodwill 5,796,430us-gaap_Goodwill 5,796,430us-gaap_Goodwill
Intangible assets, net 956,517us-gaap_IntangibleAssetsNetExcludingGoodwill 1,016,937us-gaap_IntangibleAssetsNetExcludingGoodwill
Deposits 34,000us-gaap_DepositsAssets 34,238us-gaap_DepositsAssets
Deferred financing costs, net 28,845us-gaap_DeferredFinanceCostsNet 33,582us-gaap_DeferredFinanceCostsNet
Total other assets 6,815,792us-gaap_AssetsNoncurrent 6,881,187us-gaap_AssetsNoncurrent
Total Assets 9,765,899us-gaap_Assets 10,786,963us-gaap_Assets
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 1,402,056us-gaap_AccountsPayableCurrent 1,680,692us-gaap_AccountsPayableCurrent
Accrued liabilities and expenses 1,143,296us-gaap_AccruedLiabilitiesCurrent 1,090,025us-gaap_AccruedLiabilitiesCurrent
Notes payable - current 271,257us-gaap_NotesPayableCurrent 279,740us-gaap_NotesPayableCurrent
Line of credit 553,204us-gaap_LinesOfCreditCurrent 628,204us-gaap_LinesOfCreditCurrent
Deferred revenues 181,578us-gaap_DeferredRevenueNoncurrent 120,754us-gaap_DeferredRevenueNoncurrent
Customer deposits 384,188us-gaap_CustomerDepositsCurrent 394,717us-gaap_CustomerDepositsCurrent
Total current liabilities 3,935,579us-gaap_LiabilitiesCurrent 4,194,132us-gaap_LiabilitiesCurrent
Long-term liabilities:    
Deferred lease liability 140,672us-gaap_CapitalLeaseObligationsNoncurrent 140,575us-gaap_CapitalLeaseObligationsNoncurrent
Notes payable - long term 40,167us-gaap_LongTermNotesPayable 114,212us-gaap_LongTermNotesPayable
Deferred income taxes 585,973us-gaap_DeferredTaxLiabilitiesNoncurrent 534,661us-gaap_DeferredTaxLiabilitiesNoncurrent
Total long-term liabilities 766,812us-gaap_LiabilitiesNoncurrent 789,448us-gaap_LiabilitiesNoncurrent
Redeemable preferred stock: 15,000,000 shares authorized, par value $.001 per share: Series A; 215 shares issued, 185 shares outstanding at March 31, 2015 and December 31, 2014, respectively, preference in liquidation of $1,322,112 and $1,303,859 as of March 31, 2015 and December 31, 2014, respectively 1,322,112us-gaap_ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue 1,303,859us-gaap_ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
Total redeemable preferred stock 1,322,112us-gaap_PreferredStockRedemptionAmount 1,303,859us-gaap_PreferredStockRedemptionAmount
Series B; 538 shares issued, 55 shares outstanding at March 31, 2015 and December 31, 2014, respectively, preference in liquidation of $377,461 and $372,030 as of March 31, 2015 and December 31, 2014, respectively 377,461us-gaap_PreferredStockValue 372,030us-gaap_PreferredStockValue
Common stock, par value $.001 per share; 190,000,000 shares authorized; 125,035,612 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively 125,035us-gaap_CommonStockValue 125,035us-gaap_CommonStockValue
Additional paid-in-capital 125,888,995us-gaap_AdditionalPaidInCapital 125,908,476us-gaap_AdditionalPaidInCapital
Accumulated deficit (122,650,095)us-gaap_RetainedEarningsAccumulatedDeficit (121,906,017)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 3,741,396us-gaap_StockholdersEquity 4,499,524us-gaap_StockholdersEquity
Total Liabilities and Stockholders' Equity $ 9,765,899us-gaap_LiabilitiesAndStockholdersEquity $ 10,786,963us-gaap_LiabilitiesAndStockholdersEquity