XML 20 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Net Loss and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net sales $ 8,337,045 $ 9,069,323 $ 26,800,025 $ 31,853,733
Costs and expenses:        
Cost of products sold 2,383,942 1,949,670 7,089,958 7,113,647
Distributor royalties and commissions 2,639,863 3,199,596 8,858,965 11,252,922
Selling, general and administrative 3,845,304 4,253,675 12,546,840 13,811,814
Total costs and expenses 8,869,109 9,402,941 28,495,763 32,178,383
Loss from operations (532,064) (333,618) (1,695,738) (324,650)
Other income (expense):        
Interest income 22,633 25,277 70,132 76,630
Interest expense (16,408) (27,183) (93,195) (79,472)
Other income (expense) (8,462) (4,579) 8,241 40,517
Loss before income taxes (534,301) (340,103) (1,710,560) (286,975)
Provision (benefit) for income taxes 8,000 (21,000) 48,000 28,000
Net loss (542,301) (319,103) (1,758,560) (314,975)
Other comprehensive income (loss):        
Foreign currency translation adjustment 757 43,666 (52,606) 134,300
Comprehensive loss $ (541,544) $ (275,437) $ (1,811,166) $ (180,675)
Basic loss per share (in dollars per share) $ (0.29) $ (0.17) $ (0.95) $ (0.17)
Weighted average shares (in shares) 1,845,000 1,845,000 1,845,000 1,845,000
Diluted loss per share (in dollars per share) $ (0.29) $ (0.17) $ (0.95) $ (0.17)
Weighted average shares (in shares) 1,845,000 1,845,000 1,845,000 1,845,000
Product [Member]        
Net sales $ 7,817,526 $ 8,385,999 $ 25,129,503 $ 29,479,924
Shipping and Handling [Member]        
Net sales $ 519,519 $ 683,324 $ 1,670,522 $ 2,373,809