General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Balance Sheets (Unaudited)

v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current Assets:      
Cash and cash equivalents $ 3,582,227 $ 5,408,523 $ 9,244,006
Accounts receivable 1,497,537 1,218,043 468,949
Inventory, net 1,570,078 1,807,895 1,965,039
Prepaid expenses and other current assets 115,364 97,249 29,220
Total current assets 6,765,206 8,531,710 11,707,214
Property and equipment, net 459,259 440,606 482,970
Software license inventory 989,600 937,100 910,000
Other assets 77,446 193,386 285,498
Total assets 8,291,511 10,102,802 13,385,682
Current liabilities:      
Accounts payable 818,047 697,807 997,090
Accrued compensation 455,915 557,784 323,644
Other accrued liabilities 1,305,943 1,398,707 1,297,712
Derivative liabilities 498,168 658,286 2,198,162
Deferred product and service revenues 151,706 116,009 102,710
Senior secured note payable, net of unamortized discount of $64,835 at December 31, 2015 4,224,609
Total current liabilities 3,229,779 7,653,202 4,919,318
Accrued interest 577,125 542,500 876,025
Senior note payable, net of unamortized discount of $271,306 at December 31, 2014 4,289,444 4,018,139
Total liabilities 11,905,430 12,083,941 13,486,012
Commitments and contingencies
Stockholders' deficit:      
Common stock, $0.01 par value; 200,000,000 shares authorized at March 31, 2016 and December 31, 2015 and 100,000,000 shares authorized at December 31, 2014, respectively; 3,063,887, 3,046,049 and 2,494,747 shares issued and outstanding at March 31, 2016, December 31, 2015 and 2014, respectively 30,639 30,460 24,947
Additional paid-in capital 84,125,840 83,714,981 77,152,057
Accumulated deficit (87,770,398) (85,726,580) (77,277,334)
Total stockholders' deficit (3,613,919) (1,981,139) (100,330)
Total liabilities and stockholders' deficit 8,291,511 10,102,802 13,385,682
Junior Secured Notes Payable 2010 [Member]      
Current liabilities:      
Junior secured notes payable 518,490 464,770 316,829
12% Junior Secured Notes Payable 2014 [Member]      
Current liabilities:      
Junior secured notes payable $ 3,290,592 $ 3,423,469 $ 3,355,701