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 ($)
Jun. 30, 2016
Dec. 31, 2015
Dec. 31, 2014
Current Assets:      
Cash and cash equivalents $ 2,015,982 $ 5,408,523 $ 9,244,006
Accounts receivable 769,723 1,218,043 468,949
Inventory, net 1,644,095 1,807,895 1,965,039
Prepaid expenses and other current assets 258,801 97,249 29,220
Total current assets 4,688,601 8,531,710 11,707,214
Property and equipment, net 539,747 440,606 482,970
Software license inventory 976,900 937,100 910,000
Other assets 238,210 193,386 285,498
Total assets 6,443,458 10,102,802 13,385,682
Current liabilities:      
Accounts payable 1,097,503 697,807 997,090
Accrued compensation 516,913 557,784 323,644
Other accrued liabilities 718,223 1,398,707 1,297,712
Derivative liabilities 1,085,414 658,286 2,198,162
Deferred product and service revenues 222,637 116,009 102,710
Senior secured note payable, net of unamortized discount of $64,835 at December 31, 2015 4,224,609
Total current liabilities 3,640,690 7,653,202 4,919,318
Accrued interest 715,125 542,500 876,025
Senior note payable, net of unamortized discount of $271,306 at December 31, 2014 2,000,000 4,018,139
Total liabilities 10,408,082 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; 2,401,401, 2,284,537 and 1,871,060 shares issued and outstanding at June 30, 2016, December 31, 2015 and 2014, respectively 24,014 22,845 18,710
Additional paid-in capital 85,636,016 83,722,596 77,158,294
Accumulated deficit (89,624,654) (85,726,580) (77,277,334)
Total stockholders' deficit (3,964,624) (1,981,139) (100,330)
Total liabilities and stockholders' deficit 6,443,458 10,102,802 13,385,682
12% Junior Secured Notes Payable 2014 [Member]      
Current liabilities:      
Junior secured notes payable 3,480,056 3,423,469 3,355,701
Junior Secured Notes Payable 2010 [Member]      
Current liabilities:      
Junior secured notes payable $ 572,211 $ 464,770 $ 316,829