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 and cash equivalents $ 7,212,114us-gaap_Cash $ 509,605us-gaap_Cash
Accounts receivable 410,950us-gaap_AccountsReceivableNetCurrent 383,859us-gaap_AccountsReceivableNetCurrent
Inventory 5,784,905us-gaap_InventoryNet   
Prepaid expenses and other assets 140,559us-gaap_PrepaidExpenseAndOtherAssets 63,132us-gaap_PrepaidExpenseAndOtherAssets
Total current assets 13,548,528us-gaap_AssetsCurrent 956,596us-gaap_AssetsCurrent
Property and Equipment, net 255,330us-gaap_PropertyPlantAndEquipmentNet 173,072us-gaap_PropertyPlantAndEquipmentNet
License, net 64,707us-gaap_IndefiniteLivedLicenseAgreements 70,589us-gaap_IndefiniteLivedLicenseAgreements
Prepaid expenses and other assets 13,799us-gaap_PrepaidExpenseCurrent 23,539us-gaap_PrepaidExpenseCurrent
Debt issuance costs, net 2,285,696us-gaap_DeferredFinanceCostsNoncurrentGross 700,011us-gaap_DeferredFinanceCostsNoncurrentGross
Customer acquisition costs 1,156,521us-gaap_DeferredSubscriberAcquisitionCostsNoncurrent   
Total assets 17,324,581us-gaap_Assets 1,923,807us-gaap_Assets
Current liabilities    
Accounts payable and accrued expenses 1,088,217us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 895,058us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Accrued legal and consulting fees 86,304MEEC_AccruedLegalAndConsultingFees 365,348MEEC_AccruedLegalAndConsultingFees
Deferred revenue 5,808,301us-gaap_DeferredRevenue   
Convertible notes payable 3,080,376us-gaap_ConvertibleNotesPayableCurrent   
Customer credits 936,500us-gaap_CustomerLoyaltyProgramLiabilityCurrent   
Other current liabilites 250,000us-gaap_OtherLiabilitiesCurrent 266,032us-gaap_OtherLiabilitiesCurrent
Advances payable - related party    4,167us-gaap_AccountsPayableRelatedPartiesCurrent
Notes payable    300,000us-gaap_NotesPayableCurrent
Convertible note payable of discontinued operations    50,000MEEC_ConvertibleNotePayableOfDiscontinuedOperations
Total current liabilities 11,249,698us-gaap_LiabilitiesCurrent 1,880,605us-gaap_LiabilitiesCurrent
Convertible notes payable, net of discount 4,724,598us-gaap_ConvertibleLongTermNotesPayable 4,675,673us-gaap_ConvertibleLongTermNotesPayable
Warrant liability 5,597,011us-gaap_ExtendedProductWarrantyAccrual   
Accrued interest 337,999us-gaap_AccruedLiabilitiesCurrentAndNoncurrent 273,877us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
Total liabilities 21,909,306us-gaap_Liabilities 6,830,155us-gaap_Liabilities
Stockholders' deficit    
Preferred stock, $.001 par value: 2,000,000 shares authorized      
Common stock; $.001 par value; 150,000,000 shares authorized; 40,228,123 shares issued and outstanding as of December 31, 2014 35,299,429 shares issued and outstanding as of December 31, 2013 40,228us-gaap_CommonStockValue 35,299us-gaap_CommonStockValue
Additional paid-in capital 19,113,724us-gaap_AdditionalPaidInCapital 13,789,473us-gaap_AdditionalPaidInCapital
Accumulated deficit (23,738,677)us-gaap_RetainedEarningsAccumulatedDeficit (18,731,120)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' deficit (4,584,725)us-gaap_StockholdersEquity (4,906,348)us-gaap_StockholdersEquity
Total liabilities and stockholders' deficit $ 17,324,581us-gaap_LiabilitiesAndStockholdersEquity $ 1,923,807us-gaap_LiabilitiesAndStockholdersEquity