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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues $ 2,547,600 $ 1,836,204 $ 8,024,590 $ 6,575,206
Cost of sales 747,293 428,800 2,289,119 1,417,148
Gross profit 1,800,307 1,407,404 5,735,471 5,158,058
Operating expenses:        
Selling, general and administrative 1,531,810 1,292,263 4,510,628 4,037,581
Income from operations 268,497 115,141 1,224,843 1,120,477
Other income 0 0 1,006 4,283
Interest income 111,382 78,857 289,261 251,479
Income before taxes 379,879 193,998 1,515,110 1,376,239
Income tax expense 87,500 22,000 404,500 297,000
Net income $ 292,379 $ 171,998 $ 1,110,610 $ 1,079,239
Net income per share - basic (in dollars per share) $ 0.06 $ 0.04 $ 0.24 $ 0.24
Diluted net income per share (in dollars per share) $ 0.06 $ 0.04 $ 0.24 $ 0.23
Weighted-average shares outstanding - basic (in shares) 4,575,068 4,552,988 4,575,068 4,552,481
Weighted-average shares outstanding - diluted (in shares) 4,622,938 4,606,488 4,621,840 4,610,786