XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash $ 1,473,924 $ 642,542
Accounts receivable, net 175,649 340,427
Inventories, net 624,486 438,606
Prepaid assets 31,306 24,134
Total Current Assets 2,305,365 1,445,709
PROPERTY AND EQUIPMENT, NET
OTHER ASSETS    
Operating lease right-of-use assets 110,483 167,641
Goodwill 60,000 60,000
Deposits 3,100 3,100
Total Other Assets 173,583 230,741
TOTAL ASSETS 2,478,948 1,676,450
CURRENT LIABILITIES    
Accounts payable and accrued expenses 66,837 70,204
Contract liabilities 118,566 113,643
Operating lease liability - short-term 56,446 58,682
Income taxes payable 100
Total Current Liabilities 241,849 242,629
LONG-TERM LIABILITIES    
Loan payable - PPP 111,342
Operating lease liability - long-term 57,393 109,338
Total Liabilities 299,242 463,309
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Preferred stock, $0.01 par value, authorized 5,000,000 shares; no shares issued and outstanding
Common stock, $0.01 par value, authorized 100,000,000 shares; 84,989,086 and 84,739,086 shares issued and outstanding, respectively 849,890 847,390
Additional paid in capital 20,226,931 20,201,931
Accumulated deficit (18,897,115) (19,836,180)
Total Shareholders' Equity 2,179,706 1,213,141
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,478,948 $ 1,676,450