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STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Convertible Preferred Stock Series B Member [Member]
Balance at Dec. 31, 2016 $ 2,272,130 $ 10,049,823 $ 2,193,536 $ (10,461,515) $ 490,286
Accretion of cumulative dividends 0 0 (24,152) 0 24,152
Stock based compensation expense (Note 2K) 120,090 0 120,090 0 0
Common stock issued (Note 6) 81,484 81,484 0 0 0
Net income 6,091 0 0 6,091 0
Balance at Dec. 31, 2017 2,479,795 10,131,307 2,289,474 (10,455,424) 514,438
Accretion of cumulative dividends 0 0 (24,152) 0 24,152
Stock based compensation expense (Note 2K) 14,738 0 14,738 0 0
Proceeds from exercise of stock options (Note 6) 9,765 9,765 0 0 0
Payment of cumulative dividends (Note 6) (24,152) 0 0 0 (24,152)
Common stock issued (Note 6) 134,661 134,661 0 0 0
Net income 907,869 0 0 907,869 0
Balance at Dec. 31, 2018 $ 3,522,676 $ 10,275,733 $ 2,280,060 $ (9,547,555) $ 514,438