XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Statements of Comprehensive Income (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Licenses, royalties and fees $ 144,900 $ 107,100 $ 330,400 $ 271,700
Product and other sales 369,000 520,200 794,900 875,900
 Total revenues 513,900 627,300 1,125,300 1,147,600
Cost of revenues        
Licenses, royalties and fees 49,500 58,600 96,600 108,300
Product and other sales 184,300 247,200 357,500 448,800
 Total cost of revenues 233,800 305,800 454,100 557,100
Gross profit 280,100 321,500 671,200 590,500
Operating expenses        
Research and development 45,800 41,900 90,300 83,000
Sales and marketing 74,200 86,000 157,400 170,000
General and administrative 117,700 120,000 263,200 259,700
 Total operating expenses 237,700 247,900 510,900 512,700
Net income from operations 42,400 73,600 160,300 77,800
Other income (expenses)        
Interest income 5,300 4,300 10,100 8,100
Interest expense and bank charges (600) (2,100) (1,200) (4,600)
 Total other income (expenses) 4,700 2,200 8,900 3,500
Net income before income taxes 47,100 75,800 169,200 81,300
Income taxes 4,600 5,000 11,900 (42,100)
Net income $ 42,500 $ 70,800 $ 157,300 $ 123,400
Basic and diluted net income per common share $ 0.00 $ 0.00 $ 0.00 $ 0.00
Weighted average common shares outstanding        
Basic 67,400,812 61,044,698 67,377,251 61,044,698
Diluted 67,400,812 61,605,985 67,377,251 61,577,129