Quarterly report pursuant to sections 13 or 15(d)

Balance Sheets

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Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 194,995 $ 398,424
Restricted cash 242,087 216,964
Accounts receivables, net allowance for bad debts of $36,770 and $44,223 1,223,431 1,026,768
Prepaid expenses 37,187 29,443
Inventory 350,032 217,772
Note receivable related party current portion 17,942 17,155
Deferred tax asset 142,613 341,823
Other current assets 84,925 42,375
Total current assets 2,293,212 2,290,724
Property and equipment, net 49,614 43,399
Products leased and held for lease, net 62,620 47,433
Intangible assets, net 17,208,738 18,550,416
Goodwill 1,091,000 1,091,000
Note receivable related party net of current portion 365,356 371,106
Deferred income taxes 232,241   
Other assets, net 8,150 10,868
Total assets 21,310,931 22,404,946
Current liabilities:    
Accounts payable 336,572 286,983
Accrued expenses 269,054 251,734
Deferred revenue 496,335 440,342
Jackpot liabilities 250,111 222,109
Notes payable, current portion 2,758,355 2,360,930
Total current liabilities 4,110,427 3,562,098
Notes payable, net of debt discount, net of current portion 16,182,576 18,250,864
Deferred income taxes 27,024   
Total liabilities 20,320,027 21,812,962
Stockholders equity    
Preferred stock, 10,000,000 shares, $.001 par value preferred stock authorized; 0 shares issued and outstanding      
Common stock, 65,000,000 shares authorized; $.001 par value 38,310,591 shares issued and outstanding 38,311 38,311
Additional paid-in capital 2,117,451 2,113,097
Stock warrants 401,827 401,827
Accumulated deficit (1,397,501) (1,565,505)
Accumulated other comprehensive income (loss) (169,184) (395,746)
Total stockholders equity 990,904 591,984
Total liabilities and stockholders equity $ 21,310,931 $ 22,404,946