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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
REVENUES    
Net sales $ 16,234,278 $ 15,562,121
Royalties/licensing fees 289,947 90,047
Total revenue 16,524,225 15,652,168
Cost of sales 6,290,879 5,970,058
Gross profit 10,233,346 9,682,110
OPERATING EXPENSES    
General and administrative 7,641,765 6,471,194
Research and development 1,285,064 1,084,590
Net operating expense 8,926,829 7,555,784
Income from operations 1,306,517 2,126,326
OTHER INCOME (EXPENSE)    
Other income 67,837 29,429
Other expense (4,123) (2,981)
Impairment loss on MREC (613,241)
Net other income/(expense) (549,527) 26,448
Income before income taxes 756,990 2,152,774
Income tax (benefit) expense (2,505,292) 102,752
NET INCOME $ 3,262,282 $ 2,050,022
Earnings per common share    
Basic $ .41 $ 0.26
Diluted $ .39 $ 0.24
Weighted average shares outstanding    
Basic 7,919,568 7,917,356
Diluted 8,397,377 8,472,192