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Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities:    
Net income (loss) $ (1,926,231) $ 406,208
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 185,821 181,136
Amortization of right-of-use assets 243,843 0
Stock based compensation 313,768 56,027
Provision for (recovery of) accounts receivable allowances 3,207 (1,750)
Provision for inventory reserves 23,957 0
Changes in operating assets and liabilities:    
Accounts receivable (794,418) (416,640)
Inventories 1,151,227 (1,744,632)
Prepaid expenses and other assets (713,641) (170,551)
Operating lease liabilities (269,177) 0
Accounts payable and accrued expenses 456,695 1,185,928
Net cash provided by (used in) operating activities (1,324,949) (504,274)
Investing activities:    
Cost of other assets (135,000) (5,560)
Purchases of plant and equipment (90,398) (53,796)
Net cash provided by (used in) investing activities (225,398) (59,356)
Financing activities:    
Net proceeds from (payments to) bank credit lines (1,741,272) 100,804
Net proceeds from private placement offering 4,942,609 0
Proceeds from stock option exercises 13,850 351,108
Net cash provided by (used in) financing activities 3,215,187 451,912
Net change in cash 1,664,840 (111,718)
Cash and cash equivalents at beginning of period 125,982 229,218
Cash and cash equivalents at end of period 1,790,822 117,500
Supplemental disclosures of cash flow information:    
Cash paid during the period for: Interest 48,405 11,712
Cash paid during the period for: Income taxes $ 20,677 $ 18,956