Balance Sheet

v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 5,077,311 $ 8,385,595
Restricted cash on deposit 10,000 810,000
Accounts receivable, net 1,223,039 1,610,286
Inventories 1,889,985 1,259,536
Contract assets 356,292 0
Prepaid expenses and other current assets 658,969 143,566
Income taxes receivable 27,318 17,300
Total current assets 9,242,914 12,226,283
Property and equipment, net 261,323 304,170
Other assets:    
Deposits 17,130 17,130
Total other assets 17,130 17,130
Total Assets 9,521,367 12,547,583
Current liabilities:    
Accounts payable 643,151 978,207
Accrued liabilities and expenses 966,617 668,814
Line of credit 255,730 682,211
Contract liabilities - current 865,933 0
Deferred revenues - current 0 292,106
Customer deposits 0 124,380
Total current liabilities 2,731,431 2,745,718
Long-term liabilities:    
Contract liabilities - long term 179,304 0
Deferred revenues - long term 0 219,960
Deferred lease liability - long term 66,732 48,839
Total long-term liabilities 246,036 268,799
Commitments and contingencies 0 0
Stockholders' Equity    
Common stock, par value $.001 per share; 190,000,000 shares authorized; 134,536,907 and 133,695,111 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 134,536 133,695
Additional paid-in-capital 127,533,151 127,421,402
Accumulated deficit (122,826,412) (119,724,656)
Total stockholders' equity 6,543,900 9,533,066
Total Liabilities and Stockholders' Equity 9,521,367 12,547,583
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock value 1,340,566 1,340,566
Series B Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock value $ 362,059 $ 362,059

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