v3.26.1
Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 569,330 $ 746,001
Accounts receivable, net 850,341 772,380
Inventories, net 2,794,329 2,633,614
Federal and state income taxes receivable 55,981 55,981
Prepaid expenses and other 99,282 60,825
      Total current assets 4,369,263 4,268,801
PROPERTY, PLANT AND EQUIPMENT:    
Land 317,932 317,932
Building 1,928,795 1,928,795
Real-time Alcohol Detection And Recognition equipment and software 569,448 569,448
Production equipment, software and space modifications 1,366,539 1,366,539
Office equipment, software and space modifications 197,686 197,686
Sales and marketing equipment and space modifications 230,543 225,173
Research and development equipment, software and space modifications 1,232,790 1,213,195
Research and development equipment, software and space modifications not in service 14,411 19,595
Less accumulated depreciation (3,604,323) (3,538,455)
     Total property and equipment, net 2,253,821 2,299,908
OTHER ASSETS:    
Patents, net 69,134 71,039
Deposits and other 46,820 46,820
     Total other assets 115,954 117,859
     Total assets 6,739,038 6,686,568
CURRENT LIABILITIES:    
Accounts payable 615,378 301,627
Term loan payable, current portion 55,271 54,850
Subordinated debentures payable, current portion 34,522 33,371
Customer and tenant deposits 10,692 25,694
Accrued expenses 247,670 321,112
Deferred revenue, current portion 54,068 53,716
Product warranty reserve 46,500 46,500
      Total current liabilities 1,064,101 836,870
TERM LOAN PAYABLE, net of current portion and debt issuance costs 1,044,449 1,058,426
SUBORDINATED DEBENTURES PAYABLE, net of current portion and debt issuance costs 672,274 681,343
DEFERRED REVENUE, net of current portion 7,149 6,151
      Total liabilities 2,787,973 2,582,790
COMMITMENTS AND CONTINGENCIES (Note 6)  
STOCKHOLDERS’ EQUITY:    
Common stock, no par value; 50,000,000 shares authorized, 2,752,616 shares outstanding 5,934,314 5,934,314
Accumulated deficit (1,983,249) (1,830,536)
      Total stockholders’ equity 3,951,065 4,103,778
      Total liabilities and stockholders’ equity $ 6,739,038 $ 6,686,568