XML 13 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Product sales $ 2,965,953 $ 2,709,920 $ 7,876,341 $ 7,120,481
Costs of goods sold 1,682,717 1,461,113 4,357,002 3,670,203
Gross margin 1,283,236 1,248,807 3,519,339 3,450,278
Product development expenses 1,086,627 820,051 2,061,054 1,730,420
Sales and marketing expenses 465,524 523,776 1,048,421 1,130,880
Administrative expenses 422,354 451,912 904,255 870,605
Operating expenses 1,974,505 1,795,739 4,013,730 3,731,905
NET OPERATING LOSS (691,269) (546,932) (494,391) (281,627)
Other expenses, net 74,524 64,891 408,300 176,617
LOSS BEFORE INCOME TAXES (765,793) (611,823) (902,691) (458,244)
Income tax expense (benefit) 15,333 (14,632) 24,356
NET LOSS $ (765,793) $ (627,156) $ (888,059) $ (482,600)
Basic weighted average common shares outstanding 7,212,919 7,209,595 7,212,919 6,421,428
Basic net loss per share $ (0.11) $ (0.09) $ (0.12) $ (0.08)
Diluted weighted average common shares outstanding 7,212,919 7,209,595 7,212,919 6,421,428
Diluted net loss per share $ (0.11) $ (0.09) $ (0.12) $ (0.08)