| Schedule of net loss per common share |
Basic earnings per share are computed on the weighted average of common
shares outstanding during each year. Diluted earnings per share include only an increase in the weighted average shares by the common
shares issuable upon exercise of employee and consultant stock options. See “NOTE 4 — STOCK-BASED COMPENSATION”
for further detail.
Schedule of net loss per common share
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|
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|
Three Months Ended |
|
Nine Months Ended |
|
| |
|
September 30, |
|
September 30, |
|
| |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(1,225,560 |
) |
$ |
(1,093,778 |
) |
$ |
(6,684,415 |
) |
$ |
(3,494,465 |
) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted Average Outstanding Shares: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding shares |
|
|
45,038,181 |
|
|
44,322,335 |
|
|
44,877,366 |
|
|
44,510,021 |
|
| Option shares includable |
|
|
— |
(a) |
|
— |
(a) |
|
— |
(a) |
|
— |
(a) |
| Total
|
|
|
45,038,181 |
|
|
44,322,335 |
|
|
44,877,366 |
|
|
44,510,021 |
|
| |
|
|
|
|
|
|
|
|
|
|
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| Net loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.03 |
) |
$ |
(0.02 |
) |
$ |
(0.15 |
) |
$ |
(0.08 |
) |
| Diluted |
|
$ |
(0.03 |
) |
$ |
(0.02 |
) |
$ |
(0.15 |
) |
$ |
(0.08 |
) |
__________
| (a) |
For the three months ended September 30, 2022, and 2021, option shares
of 72,347 and 296,504 respectively, were not included as the impact is anti-dilutive. For the nine months ended September 30, 2022,
and 2021, option shares of 81,723 and 244,422 respectively, were not included as the impact is anti-dilutive.
For the three months ended September 30, 2022 and 2021, restricted shares
of 950,000 and 1,000,000 respectively, were not included as the impact is anti-dilutive. For the nine months ended September 30, 2022,
and 2021, restricted shares of 950,000 and 1,000,000 respectively, were not included as the impact is anti-dilutive.
|
|
| Schedule of net sales by geography |
The following table summarizes net sales by geography for the three and
nine months ended September 30, 2022, and 2021:
Schedule of net sales by geography
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|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
| |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
| Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Domestic |
|
$ |
6,661,196 |
|
$ |
5,254,336 |
|
$ |
17,475,083 |
|
$ |
14,346,895 |
|
| International |
|
|
1,099,202 |
|
|
786,208 |
|
|
3,076,273 |
|
|
2,652,774 |
|
| Total |
|
$ |
7,760,398 |
|
$ |
6,040,544 |
|
$ |
20,551,356 |
|
$ |
16,999,669 |
|
|