XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income $ 106,500 $ 379,200
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 500 200
Gain on sale of patents (269,800)
Changes in allowance for doubtful accounts 1,500 5,900
Unrealized (gain) loss from marketable securities 55,600 (14,200)
Changes in operating assets and liabilities:    
Accounts receivable (52,800) (145,600)
Prepaid expenses and other current assets (27,300) (22,300)
Accounts payable and accrued expenses (20,300) (17,700)
Lease liabilities (200)
Deferred revenue 214,500 78,000
Net cash provided by operating activities 278,000 (6,300)
Cash flows from investing activities    
Purchase of marketable securities   (242,600)
Proceeds from sale of patents   269,800
Purchase of property and equipment   (3,400)
Net cash used by investing activities 23,800
Net change in cash 278,000 17,500
Cash and cash equivalents, beginning of the period 4,755,300 4,375,300
Cash and cash equivalents, end of the period $ 5,033,300 $ 4,392,800