CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 7,427,273 $ 5,274,305
Accounts receivable, net 2,794,626 3,852,651
Inventory, net 9,770,206 10,739,798
Prepaid expenses and other assets 682,083 701,105
Assets related to discontinued operations 0 83,000
Total current assets 20,674,188 20,650,859
Long-term assets:    
Inventory, net 18,360,211 21,588,622
Property and equipment, net 1,391,116 1,615,683
Intangible assets, net 8,808 71,086
Other assets 71,453 214,588
Total long-term assets 19,831,588 23,489,979
TOTAL ASSETS 40,505,776 44,140,838
Current liabilities:    
Accounts payable 3,977,149 3,323,148
Accrued cooperative advertising 50,000 58,000
Accrued expenses and other liabilities 581,107 891,187
Liabilities related to discontinued operations 0 349,000
Total current liabilities 4,608,256 4,621,335
Long-term liabilities:    
Accrued expenses and other liabilities 594,916 710,223
Accrued income taxes 433,983 420,503
Total long-term liabilities 1,028,899 1,130,726
Total liabilities 5,637,155 5,752,061
Commitments and contingencies (Note 8)
Shareholders' equity:    
Common stock, no par value; 50,000,000 shares authorized; 21,369,885 and 21,111,585 shares issued and outstanding at December 31, 2016 and 2015, respectively 54,243,816 54,240,247
Additional paid-in capital 14,282,956 13,280,920
Accumulated deficit (33,658,151) (29,132,390)
Total shareholders' equity 34,868,621 38,388,777
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 40,505,776 $ 44,140,838