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Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Licenses, royalties and fees $ 164,600 $ 190,500
Product and other sales 355,700 218,900
Total revenues 520,300 409,400
Cost of revenues    
Licenses, royalties and fees 49,700 25,200
Product and other sales 201,600 90,300
Total cost of revenues 251,300 115,500
Gross profit 269,000 293,900
Operating expenses    
Research and development 41,100 38,000
Sales and marketing 84,000 68,900
General and administrative 139,700 94,100
Total operating expenses 264,800 201,000
Net income from operations 4,200 92,900
Other income (expenses)    
Interest income 3,800 1,100
Interest expense and bank charges (2,500) (2,700)
Total other income (expenses) 1,300 (1,600)
Net income before income taxes 5,500 91,300
Income taxes (47,100) 5,900
Net income $ 52,600 $ 85,400
Basic and diluted net income per common share $ 0.00 $ 0.00
Weighted average common shares outstanding    
Basic 61,044,698 58,616,716
Diluted 61,530,910 59,001,489