CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
|
Sep. 30, 2017 |
Dec. 31, 2016 |
| Current assets: |
|
|
| Cash |
$ 140,658
|
$ 256,263
|
| Accounts receivable, net |
1,269,780
|
1,395,200
|
| Prepaid expenses |
18,500
|
9,250
|
| Inventories |
176,911
|
183,898
|
| Total current assets |
1,605,849
|
1,844,611
|
| Accounts receivable, net of allowance for doubtful accounts of $551,359 and $958,185 at September 30, 2017 and December 31, 2016, respectively |
2,329,124
|
2,297,283
|
| Property and equipment, net |
48,072
|
58,641
|
| Intangible assets and goodwill |
170,200
|
170,200
|
| Total assets |
4,153,245
|
4,370,735
|
| Current liabilities: |
|
|
| Line of Credit |
1,300,000
|
1,275,000
|
| Notes Payable |
250,000
|
300,000
|
| Accounts payable and accrued liabilities |
66,066
|
82,523
|
| Due to related parties |
10,396
|
0
|
| Total current liabilities |
1,626,462
|
1,657,523
|
| Commitments and contingencies |
|
|
| Stockholders’ equity: |
|
|
| Common stock: $0.001 par value, 50,000,000 shares authorized, 20,175,882 and 20,135,882 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively |
20,176
|
20,136
|
| Additional paid-in capital |
19,854,576
|
19,843,716
|
| Accumulated deficit |
(17,347,969)
|
(17,150,640)
|
| Total stockholders’ equity |
2,526,783
|
2,713,212
|
| Total liabilities and stockholders’ equity |
$ 4,153,245
|
$ 4,370,735
|