v3.21.1
STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]    
NET SALES $ 24,176,448 $ 23,162,621
Cost of goods sold 9,240,362 8,308,811
Gross Profit 14,936,086 14,853,810
OPERATING EXPENSES    
Selling, general and administrative 12,028,309 9,771,744
Litigation 2,447,213 3,415,683
Research and development 1,296,754 740,475
Depreciation and amortization 418,595 340,229
Total Operating Expenses 16,190,871 14,268,131
Net Operating (Loss)/Profit (1,254,785) 585,679
Non-Operating Income    
Gain/(Loss) on foreign currency exchange 1,536 (17,754)
Gain on disposal of fixed assets 16,591 47,830
Interest income, net 42,395 80,663
TOTAL OTHER INCOME 60,522 110,739
(LOSS)/INCOME BEFORE TAXES (1,194,263) 696,418
Income Tax Expense (17,800) (132,069)
NET (LOSS)/INCOME $ (1,212,063) $ 564,349
NET (LOSS)/INCOME PER SHARE    
Basic (in dollars per share) $ (0.03) $ 0.01
Diluted (in dollars per share) $ (0.03) $ 0.01
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic (in shares) 41,929,736 38,778,074
Diluted (in shares) 41,929,736 39,061,310

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