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Statements of Comprehensive Income (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Licenses, royalties and fees $ 169,800 $ 144,900 $ 307,100 $ 330,400
Product and other sales 344,500 369,000 546,600 794,900
 Total revenues 514,300 513,900 853,700 1,125,300
Cost of revenues        
Licenses, royalties and fees 46,400 49,500 85,900 96,600
Product and other sales 154,800 184,300 281,500 357,500
 Total cost of revenues 201,200 233,800 367,400 454,100
Gross profit 313,100 280,100 486,300 671,200
Operating expenses        
Research and development 32,500 45,800 72,000 90,300
Sales and marketing 76,700 74,200 141,500 157,400
General and administrative 506,700 117,700 784,400 263,200
 Total operating expenses 615,900 237,700 997,900 510,900
Net income (loss) from operations (302,800) 42,400 (511,600) 160,300
Other income (expenses)        
Interest income 6,100 5,300 11,900 10,100
Interest expense and bank charges (300) (600) (700) (1,200)
 Total other income (expenses) 5,800 4,700 11,200 8,900
Net income (loss) before income taxes (297,000) 47,100 (500,400) 169,200
Income taxes 4,600 11,900
Net income (loss) $ (297,000) $ 42,500 $ (500,400) $ 157,300
Basic net income (loss) per common share $ (0.00) $ 0.00 $ (0.01) $ 0.00
Diluted net income (loss) per common share $ (0.00) $ 0.00 $ (0.01) $ 0.00
Basic weighted average common shares outstanding 67,495,055 67,400,812 67,495,055 67,377,251
Diluted weighted average common shares outstanding 67,495,055 67,400,812 67,495,055 67,377,251