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Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash $ 1,362,800 $ 688,000
Accounts receivable less allowance for doubtful accounts - 2020-$12,000; 2019-$5,000 1,280,800 1,352,300
Inventory 324,800 127,900
Prepaid and other 97,800 135,000
Total current assets 3,066,200 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 104,300 206,600
Total fixed assets 87,200 70,100
Other assets    
Long-term receivables 559,500 957,000
Operating lease right of use - building 160,300 202,000
Other assets 719,800 1,159,000
Total assets 3,873,200 3,532,300
Current liabilities    
Convertible debentures 97,900
Accounts payable 5,700 44,300
Accrued expenses 178,600 231,600
Income taxes 36,300 52,400
Operating lease liability - current 44,500 41,700
Total current liabilities 265,100 467,900
Other liabilities    
Accrued expenses, non-current 39,200 67,000
Deferred income taxes 47,400
Operating lease liability - non-current 115,800 160,300
Total other liabilities 155,000 274,700
Stockholders' equity    
Series A preferred stock, $1.00 par value, Authorized - 300,000 shares, Issued and outstanding - none
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 (9,796,200) (10,304,600)
Total stockholders' equity 3,453,100 2,789,700
Total liabilities and stockholders' equity $ 3,873,200 $ 3,532,300