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Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 544,000 $ 400,800
Accounts receivable less $5,000 allowance for doubtful accounts 642,800 579,000
Inventory 146,100 133,500
Prepaid and other 36,700 43,600
Total current assets 1,369,600 1,156,900
Fixed assets    
Leasehold improvements 19,700 19,700
Furniture, fixtures and equipment 185,400 185,400
Fixed assets, gross 205,100 205,100
Less: accumulated depreciation and amortization 199,000 197,600
Total fixed assets 6,100 7,500
Other assets    
Long-term receivable 1,255,000 1,352,200
Operating lease right of use - building 231,500
Other assets 1,486,500 1,352,200
Total assets 2,862,200 2,516,600
Current liabilities    
Convertible debentures 128,300 128,300
Accounts payable 18,400 16,500
Accrued expenses 190,800 163,000
Income taxes 98,900 38,600
Operating lease liability - current 39,700
Total current liabilities 476,100 346,400
Other liabilities    
Accrued expenses, non-current 87,900 94,700
Deferred income taxes 54,400 108,800
Operating lease liability - non-current 191,700
Total other liabilities 334,000 203,500
Stockholders' equity    
Common stock, $0.01 par value Authorized - 75,000,000 shares Issued and outstanding - 58,616,716 586,200 586,200
Paid-in capital 12,440,000 12,440,000
Accumulated deficit (10,974,100) (11,059,500)
Total stockholders' equity 2,052,100 1,966,700
Total liabilities and stockholders' equity $ 2,862,200 $ 2,516,600