| ASSETS |
| Cash and cash equivalents |
5.96M |
| Trade accounts receivable, less allowance for doubtful accounts of $35,789 and $35,899 |
5.44M |
| Inventories, less reserve of $354,885 and $270,797 |
2.41M |
| Note receivable |
| Prepaid expenses |
| Other assets |
1.04M |
| Total current assets |
14.85M |
| Property and equipment |
705.02K |
| Accumulated depreciation and amortization |
-419.59K |
| Net property and equipment |
285.43K |
| Goodwill |
10.16M |
| Other intangible assets, less accumulated amortization of $733,422 and $592,645 |
| Deposits on equipment |
| Other assets, net |
30.39K |
| Total assets |
38.03M |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
| Accounts payable and accrued liabilities |
| Related party payable |
51.34K |
| Accrued compensation and benefits |
693.07K |
| Current portion of deferred rent |
| Other current liabilities |
0 |
| Total current liabilities |
7.78M |
| Convertible promissory notes to related parties, net of debt discount |
| Deferred rent, less current portion |
| Total liabilities |
12.95M |
| Stockholders' Equity: |
| Common stock, $.001 par value, 30,000,000 and 25,000,000 shares authorized, 16,452,738 and 16,245,503 issued and outstanding |
76.35K |
| Additional paid-in capital |
64.14M |
| Accumulated deficit |
-55.61M |
| Total stockholders' equity |
19.55M |
| Total liabilities and stockholders' equity |
38.03M |
