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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenue $ 7,484,269 $ 7,561,582 $ 21,653,707 $ 27,925,420
Cost of sales 1,986,296 2,175,508 5,168,978 9,669,708
Gross profit 5,497,973 5,386,074 16,484,729 18,255,712
Operating expenses:        
General and administrative 4,017,584 3,229,075 10,925,915 9,220,751
Research and development 724,757 487,388 2,273,422 1,965,438
Net operating expense 4,742,341 3,716,463 13,199,337 11,186,189
Income from operations 755,632 1,669,611 3,285,392 7,069,523
Other income (expense):        
Other income 35,469 233,521 521,610 625,761
Other expense (24,026) (224,330)
Net other income 35,469 209,495 521,610 401,431
Income before provision for income taxes 791,101 1,879,106 3,807,002 7,470,954
Provision for income taxes 208,000 244,316 807,000 1,863,150
Net income $ 583,101 $ 1,634,790 $ 3,000,002 $ 5,607,804
Net income per common share:        
Basic $ 0.05 $ 0.15 $ 0.27 $ 0.51
Diluted $ 0.05 $ 0.15 $ 0.27 $ 0.51
Weighted average shares outstanding:        
Basic 11,175,882 10,934,962 10,982,083 10,924,486
Diluted 11,175,882 10,942,509 10,982,083 10,929,155
Net Sales [Member]        
Revenues:        
Total revenue $ 7,484,269 $ 7,561,582 $ 21,653,707 $ 27,925,420