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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues    
Net product revenues $ 1,852,322 $ 1,391,335
License revenues and service related revenues 42,918 73,199
Total revenues 1,895,240 1,464,534
Cost of revenues 538,200 433,746
Gross margin 1,357,040 1,030,788
Patent Monetization Expenses 194,215 152,622
Research and development expenses 568,799 601,349
General, administrative and selling expenses 1,070,654 1,167,002
Operating loss (476,628) (890,185)
Interest expense, net (70,133) (52,360)
Loss from operations before provision for income taxes (546,761) (942,545)
Provision for income taxes 1,805 2,563
Net loss $ (548,566) $ (945,108)
Basic and diluted weighted average shares 68,104,957 66,289,137
Basic and diluted net loss per share $ (0.01) $ (0.01)