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Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 1,052,700 $ 688,000
Accounts receivable less $5,000 allowance for doubtful accounts 1,141,500 1,352,300
Inventory 277,500 127,900
Prepaid and other 95,100 135,000
Total current assets 2,566,800 2,303,200
Fixed assets    
Leasehold improvements 27,800 24,200
Furniture, fixtures and equipment 279,400 252,500
Fixed assets, gross 307,200 276,700
Less: accumulated depreciation and amortization 215,200 206,600
Total fixed assets 92,000 70,100
Other assets    
Long-term receivable 766,000 957,000
Operating lease right of use - building 181,500 202,000
Other assets 947,500 1,159,000
Total assets 3,606,300 3,532,300
Current liabilities    
Convertible debentures 97,900 97,900
Accounts payable 87,800 44,300
Accrued expenses 214,800 231,600
Income taxes 57,600 52,400
Operating lease liability - current 43,100 41,700
Total current liabilities 501,200 467,900
Other liabilities    
Accrued expenses, non-current 53,600 67,000
Deferred income taxes 47,400
Operating lease liability - non-current 138,400 160,300
Total other liabilities 192,000 274,700
Stockholders' equity    
Common stock, $0.01 par value Authorized - 75,000,000 shares, Issued and outstanding - 61,044,698 shares 610,400 610,400
Paid-in capital 12,483,900 12,483,900
Accumulated deficit (10,181,200) (10,304,600)
Total stockholders' equity 2,913,100 2,789,700
Total liabilities and stockholders' equity $ 3,606,300 $ 3,532,300