Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash $ 594,508us-gaap_CashAndCashEquivalentsAtCarryingValue $ 203,534us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 1,017,522us-gaap_AccountsReceivableNetCurrent 401,549us-gaap_AccountsReceivableNetCurrent
Inventories 1,184,957us-gaap_InventoryNet 946,805us-gaap_InventoryNet
Prepaid expenses 77,349us-gaap_PrepaidExpenseCurrent 187,341us-gaap_PrepaidExpenseCurrent
Investor notes receivable 2,175,260us-gaap_NotesReceivableRelatedPartiesCurrent   
Deferred financing costs 0us-gaap_DeferredFinanceCostsCurrentNet 37,529us-gaap_DeferredFinanceCostsCurrentNet
TOTAL CURRENT ASSETS 5,049,596us-gaap_AssetsCurrent 1,776,758us-gaap_AssetsCurrent
Property and equipment, net 253,640us-gaap_PropertyPlantAndEquipmentNet 352,430us-gaap_PropertyPlantAndEquipmentNet
OTHER ASSETS    
Deposits 62,059us-gaap_DepositsAssetsNoncurrent 7,500us-gaap_DepositsAssetsNoncurrent
TOTAL ASSETS 5,365,295us-gaap_Assets 2,136,688us-gaap_Assets
CURRENT LIABILITIES    
Accounts payable 1,154,283us-gaap_AccountsPayableCurrent 742,482us-gaap_AccountsPayableCurrent
Accrued liabilities 1,052,891us-gaap_AccruedLiabilitiesCurrent 789,338us-gaap_AccruedLiabilitiesCurrent
Short term debt - third parties 2,476,605us-gaap_DueToOtherRelatedPartiesClassifiedCurrent 900,000us-gaap_DueToOtherRelatedPartiesClassifiedCurrent
Current maturities of note payable 107,838us-gaap_NotesPayableCurrent 224,087us-gaap_NotesPayableCurrent
Convertible notes payable, net of unamortized debt discount of $166,668 and $219,979, respectively 3,041,332us-gaap_ConvertibleNotesPayableCurrent 330,021us-gaap_ConvertibleNotesPayableCurrent
Derivative liabilities 1,939,292us-gaap_DerivativeLiabilitiesCurrent   
Short term debt - related parties 221,000us-gaap_DueToRelatedPartiesCurrent 187,500us-gaap_DueToRelatedPartiesCurrent
TOTAL CURRENT LIABILITIES 9,993,241us-gaap_LiabilitiesCurrent 3,173,428us-gaap_LiabilitiesCurrent
LONG TERM LIABILITY    
Note payable, non-current 1,217,162us-gaap_LongTermNotesPayable 1,175,913us-gaap_LongTermNotesPayable
TOTAL LIABILITIES 11,210,403us-gaap_Liabilities 4,349,341us-gaap_Liabilities
STOCKHOLDERS' EQUITY (DEFICIT)    
Common stock; $0.001 par value; unlimited shares authorized; 88,617,154 and 83,461,899 shares issued and outstanding, respectively 87,283us-gaap_CommonStockValue 83,462us-gaap_CommonStockValue
Additional paid in capital 15,881,419us-gaap_AdditionalPaidInCapital 8,184,557us-gaap_AdditionalPaidInCapital
Accumulated deficit (21,750,309)us-gaap_RetainedEarningsAccumulatedDeficit (10,480,672)us-gaap_RetainedEarningsAccumulatedDeficit
Deficit attributable to Windstream Technologies, Inc. (5,781,606)us-gaap_StockholdersEquity (2,212,653)us-gaap_StockholdersEquity
Noncontrolling interest (63,501)us-gaap_MinorityInterest   
TOTAL STOCKHOLDERS' DEFICIT (5,845,108)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest (2,212,653)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 5,365,295us-gaap_LiabilitiesAndStockholdersEquity $ 2,136,688us-gaap_LiabilitiesAndStockholdersEquity