CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
|
Sep. 30, 2016 |
Dec. 31, 2015 |
| Current assets: |
|
|
| Cash |
$ 130,139
|
$ 173,647
|
| Accounts receivable, net |
1,536,008
|
1,301,124
|
| Prepaid expenses |
18,500
|
159,250
|
| Inventories |
148,419
|
75,460
|
| Total current assets |
1,833,066
|
1,709,481
|
| Accounts receivable, net of allowance for doubtful accounts of $663,439 and $503,477 at September 30, 2016 and December 31, 2015 |
2,920,581
|
3,399,896
|
| Property and equipment, net |
78,061
|
78,937
|
| Intangible assets and goodwill, net |
170,200
|
170,200
|
| Total assets |
5,001,908
|
5,358,514
|
| Current liabilities: |
|
|
| Accounts payable and accrued liabilities |
82,154
|
100,457
|
| Due to related parties |
42,827
|
29,400
|
| Line of credit |
1,325,000
|
0
|
| Notes payable |
300,000
|
500,000
|
| Total current liabilities |
1,749,981
|
629,857
|
| Line of credit |
0
|
1,145,000
|
| Notes payable and long-term debt |
0
|
50,000
|
| Total liabilities |
1,749,981
|
1,824,857
|
| Commitments and contingencies |
|
|
| Stockholders’ equity: |
|
|
| Common stock: $0.001 par value, 50,000,000 shares authorized, 20,135,882 and 19,780,882 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively |
20,136
|
19,781
|
| Additional paid-in capital |
19,843,715
|
19,908,571
|
| Accumulated deficit |
(16,611,924)
|
(16,394,695)
|
| Total stockholders’ equity |
3,251,927
|
3,533,657
|
| Total liabilities and stockholders’ equity |
$ 5,001,908
|
$ 5,358,514
|