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

Deferred Tax Assets and Liabilities (Detail)

v2.4.0.8
Deferred Tax Assets and Liabilities (Detail) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Deferred tax assets:    
Net operating loss carryforwards $ 18,182,000 $ 15,065,000
Charitable contributions 2,800 3,000
Inventory Reserves 365,600 163,000
Stock-based compensation 52,300 361,000
Total deferred tax assets 18,602,700 15,592,000
Deferred tax liabilities:    
Depreciation (154,900) (160,000)
Amortization (51,700) (51,000)
Total deferred tax liabilities (206,600) (211,000)
Net deferred tax assets 18,396,100 15,381,000
Valuation allowance $ (18,396,100) $ (15,381,000)