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Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 1,428,900 $ 688,000
Accounts receivable less $5,000 allowance for doubtful accounts 1,023,000 1,352,300
Inventory 286,600 127,900
Prepaid and other 21,200 135,000
Total current assets 2,759,700 2,303,200
Fixed assets    
Leasehold improvements 27,800 24,200
Furniture, fixtures and equipment 163,700 252,500
Fixed assets, gross 191,500 276,700
Less: accumulated depreciation and amortization 98,100 206,600
Total fixed assets 93,400 70,100
Other assets    
Long-term receivables 671,100 957,000
Operating lease right of use - building 171,000 202,000
Other assets 842,100 1,159,000
Total assets 3,695,200 3,532,300
Current liabilities    
Convertible debentures 97,900
Accounts payable 58,300 44,300
Accrued expenses 165,500 231,600
Income taxes 22,200 52,400
Operating lease liability - current 43,800 41,700
Total current liabilities 289,800 467,900
Other liabilities    
Accrued expenses, non-current 47,000 67,000
Deferred income taxes 47,400
Operating lease liability - non-current 127,200 160,300
Total other liabilities 174,200 274,700
Stockholders' equity    
Common stock, $0.01 par value Authorized - 75,000,000 shares, Issued and outstanding - 2020 - 67,353,690 shares; 2019 - 61,044,698 shares 673,500 610,400
Paid-in capital 12,575,800 12,483,900
Accumulated deficit (10,018,100) (10,304,600)
Total stockholders' equity 3,231,200 2,789,700
Total liabilities and stockholders' equity $ 3,695,200 $ 3,532,300