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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED STATEMENTS OF OPERATIONS        
Revenue $ 7,699,096 $ 9,963,299 $ 23,171,329 $ 27,626,488
Cost of revenue 1,958,036 2,168,208 6,036,353 6,074,323
Gross profit 5,741,060 7,795,091 17,134,976 21,552,165
Operating expenses:        
General and administrative 2,196,935 2,609,722 10,062,089 7,482,790
Sales and marketing 2,282,491 2,297,002 7,090,192 6,607,477
Research and development 476,876 369,526 1,389,812 1,053,409
Total operating expenses 4,956,302 5,276,250 18,542,093 15,143,676
Income (loss) from operations 784,758 2,518,841 (1,407,117) 6,408,489
Other income, net 9,352 110,064 125,706 280,663
Income (loss) before provision for income taxes 794,110 2,628,905 (1,281,411) 6,689,152
Provision for income tax (benefit) expense (280,536) 174,035 (2,012,998) 299,876
Net income $ 1,074,646 $ 2,454,870 $ 731,587 $ 6,389,276
Net income per share:        
Basic (in dollars per share) $ 0.09 $ 0.22 $ 0.06 $ 0.57
Diluted (in dollars per share) $ 0.09 $ 0.20 $ 0.06 $ 0.52
Weighted average shares outstanding:        
Basic (in shares) 12,243,362 11,369,404 12,071,027 11,188,761
Diluted (in shares) 12,493,309 12,309,948 12,414,932 12,248,102