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

Commitments and Contingencies (Tables)

v3.6.0.2
Commitments and Contingencies (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Commitments and Contingencies [Abstract]    
Summary of product warranty accrual included in accrued expenses  

    2015  
Beginning balance, January 1, 2015   $ 242,000  
Charged to cost of revenues      
Usage     (242,000 )
Ending balance, December 31, 2015   $  
 
Summary of deferred financing fees  

 

    Net
Total
 
Cash fees and legal costs   $ 132,000  
Warrants issued     246,000  
Total deferred financing fees     378,000  
Amortization – 2015     (34,000 )
Net deferred financing fees, December 31, 2015     344,000  
         
Less: Current Portion     (228,000 )
Long Term Portion   $ 116,000  

Summary of future minimum rental payments under operating leases
Nine months ending September 30, 2016   $ 79,000  

Year Ending  December 31, 2016   $ 315,000  
    $ 315,000