XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.1
STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
SALES, NET $ 39,782,442 $ 39,136,114
COST OF SALES 15,586,986 16,578,986
GROSS PROFIT 24,195,456 22,557,128
OPERATING EXPENSES:    
Sales and marketing 17,119,837 17,564,103
General and administrative 6,503,761 6,200,227
Total operating expenses 23,623,598 23,764,330
INCOME (LOSS) FROM OPERATIONS 571,858 (1,207,202)
OTHER INCOME (EXPENSE)    
Interest expense, net (1,016,180) (594,079)
Other income, net 99,629 114,827
LOSS BEFORE INCOME TAXES (344,693) (1,686,454)
INCOME TAX BENEFIT 226,799 487,861
NET LOSS (117,894) (1,198,593)
Preferred stock dividends (2,252,941) (2,047,097)
NET LOSS APPLICABLE TO COMMON SHAREHOLDERS $ (2,370,835) $ (3,245,690)
Loss per common share after preferred dividends, basic and diluted $ (0.48) $ (0.65)
Weighted-average number of common shares outstanding, basic and diluted 4,964,529 4,964,529