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Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Licenses, royalties and fees $ 178,200 $ 170,300 $ 468,900 $ 381,800
Product and other sales 224,200 373,400 634,500 648,100
Total revenues 402,400 543,700 1,103,400 1,029,900
Cost of revenues        
Licenses, royalties and fees 23,300 36,500 71,100 73,000
Product and other sales 82,300 156,900 248,600 275,200
Total cost of revenues 105,600 193,400 319,700 348,200
Gross profit 296,800 350,300 783,700 681,700
Operating expenses        
Research and development 36,300 33,700 109,200 103,700
Sales and marketing 67,200 72,800 187,900 176,700
General and administrative 80,400 69,900 240,000 224,200
Total operating expenses 183,900 176,400 537,100 504,600
Net income from operations 112,900 173,900 246,600 177,100
Other income (expenses)        
Interest income 200 200
Interest expense, bank charges and accretion of interest (3,300) (3,300) (22,600) (10,100)
Total other income (expenses) (3,100) (3,300) (22,400) (10,100)
Net income $ 109,800 $ 170,600 $ 224,200 $ 167,000
Basic and diluted net income per common share $ 0.00 $ 0.00 $ 0.00 $ 0.00
Weighted average common shares outstanding        
Basic 58,599,016 58,599,016 58,599,016 58,599,016
Diluted 58,896,464 58,599,655 58,891,635 58,600,384