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Balance Sheets (unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash $ 5,355,700 $ 1,846,700
Accounts receivable less $12,000 allowance for doubtful accounts 780,000 970,800
Inventory 454,300 422,700
Prepaid and other 95,400 160,000
Total current assets 6,685,400 3,400,200
Fixed assets    
Leasehold improvements 58,400 58,400
Furniture, fixtures and equipment 164,900 164,100
Fixed assets, gross 223,300 222,500
Less: accumulated depreciation and amortization 159,700 134,200
Total fixed assets 63,600 88,300
Other assets    
Long-term receivables 191,200 185,000
Operating lease right of use - building 80,400 115,800
Other assets 271,600 300,800
Total assets 7,020,600 3,789,300
Current liabilities    
Accounts payable 38,800 3,700
Accrued expenses 176,800 151,500
Operating lease liability, current 49,800 47,500
Total current liabilities 265,400 202,700
Other liabilities    
Accrued expenses, non-current 13,200 13,000
Operating lease liability, non-current 30,600 68,300
Total other liabilities 43,800 81,300
Stockholders' equity    
Common stock, $0.01 par value Authorized – 75,000,000 shares Issued and outstanding** 2022 – 9,251,178; 2021 – 6,751,178 shares 92,500 67,500
Paid-in capital 16,659,600 13,184,600
Accumulated deficit (10,040,700) (9,746,800)
Total stockholders' equity 6,711,400 3,505,300
Total liabilities and stockholders' equity $ 7,020,600 $ 3,789,300