XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues    
Licenses, royalties and fees $ 670,600 $ 565,000
Product and other sales 896,300 818,500
Total revenues 1,566,900 1,383,500
Cost of revenues    
Licenses, royalties and fees 96,500 94,800
Product and other sales 346,600 347,300
Total cost of revenues 443,100 442,100
Gross profit 1,123,800 941,400
Operating expenses    
Research and development 146,300 138,800
Sales and marketing 253,600 236,000
General and administrative 317,600 294,800
Total operating expenses 717,500 669,600
Net income from operations 406,300 271,800
Other income (expenses)    
Interest income 500
Interest expense, bank charges, financing cost and accretion of interest (25,600) (13,300)
Total other income (expenses) (25,100) (13,300)
Net income $ 381,200 $ 258,500
Net income per common share    
Basic $ 0.01 $ 0.00
Diluted $ 0.01 $ 0.00
Weighted average common shares outstanding    
Basic 58,603,441 58,599,016
Diluted 58,895,173 58,600,257