v3.21.2
STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
NET SALES $ 5,528,174 $ 7,708,904 $ 10,959,125 $ 14,038,913
Cost of goods sold 2,317,990 2,799,024 4,517,087 5,340,823
Gross Profit 3,210,184 4,909,880 6,442,038 8,698,090
OPERATING EXPENSES        
Selling, general and administrative 4,085,945 3,201,831 9,078,774 5,964,811
Litigation 2,346,914 2,446,072
Research and development 386,878 298,196 723,719 554,221
Depreciation and amortization 118,415 94,940 233,888 182,164
Total Operating Expenses 4,591,238 5,941,881 10,036,381 9,147,268
Net Operating Loss (1,381,054) (1,032,001) (3,594,343) (449,178)
Non-Operating Income/(Expense)        
Gain/(Loss) on currency exchange 1,239 (2,594) (14,478) (13,091)
(Loss)/Gain on disposal of fixed assets, net (5,522) 736 (5,522)
Interest income, net 9,950 (5,002) 19,721 14,028
TOTAL OTHER INCOME/(EXPENSE) 11,189 (13,118) 5,979 (4,585)
LOSS BEFORE INCOME TAXES (1,369,865) (1,045,119) (3,588,364) (453,763)
Income Tax Benefit/(Expense) 245,316 (30,919) 1,187,677 (172,847)
NET LOSS $ (1,124,549) $ (1,076,038) $ (2,400,687) $ (626,610)
NET LOSS PER SHARE        
Basic $ (0.03) $ (0.03) $ (0.05) $ (0.02)
Diluted $ (0.03) $ (0.03) $ (0.05) $ (0.02)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        
Basic 44,489,853 40,361,924 44,226,936 40,018,559
Diluted 44,489,853 40,361,924 44,226,936 40,018,559

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