Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v2.4.1.9
Balance Sheets (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 9,053,468us-gaap_CashAndCashEquivalentsAtCarryingValue $ 10,448,921us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivables, net 29,561us-gaap_AccountsReceivableNetCurrent 15,608us-gaap_AccountsReceivableNetCurrent
Inventory, net 377,016us-gaap_InventoryNet 439,189us-gaap_InventoryNet
Prepaid expenses and other current assets 133,793us-gaap_PrepaidExpenseAndOtherAssetsCurrent 119,410us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 9,593,838us-gaap_AssetsCurrent 11,023,128us-gaap_AssetsCurrent
Property and equipment, net 167,657us-gaap_PropertyPlantAndEquipmentNet 109,292us-gaap_PropertyPlantAndEquipmentNet
Total assets 9,761,495us-gaap_Assets 11,132,420us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 509,318us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 710,210us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Short-term notes payable 79,390us-gaap_ShortTermNonBankLoansAndNotesPayable 64,840us-gaap_ShortTermNonBankLoansAndNotesPayable
Deferred revenue 17,276us-gaap_DeferredRevenueCurrent 21,222us-gaap_DeferredRevenueCurrent
Total current liabilities 605,984us-gaap_LiabilitiesCurrent 796,272us-gaap_LiabilitiesCurrent
Shareholders' equity:    
Preferred stock, no par value; 20,000,000 shares authorized; none issued and outstanding      
Common stock, $0.001 par value; 100,000,000 shares authorized 36,378,944 and 36,178,944 shares issued and outstanding at March 31, 2015 and December 31, 2014 36,379us-gaap_CommonStockValue 36,179us-gaap_CommonStockValue
Additional paid-in capital 86,356,544us-gaap_AdditionalPaidInCapitalCommonStock 86,244,604us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (77,237,412)us-gaap_RetainedEarningsAccumulatedDeficit (75,944,635)us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders' equity 9,155,511us-gaap_StockholdersEquity 10,336,148us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 9,761,495us-gaap_LiabilitiesAndStockholdersEquity $ 11,132,420us-gaap_LiabilitiesAndStockholdersEquity