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Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities    
Net loss $ (2,284,700) $ (343,900)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 25,700 32,500
Stock-based compensation 2,325,300 420,600
Amortization of operating lease right of use-building 48,800 37,700
Inventory reserve (47,200) (16,100)
(Increase) decrease in assets    
Accounts receivable (132,800) (254,300)
Inventory 143,700 118,000
Interest receivable 160,000
Prepaid and other current assets (7,900) 2,100
Long-term receivables 410,100 469,400
Increase (decrease) in liabilities    
Accounts payable 40,900 (500)
Accrued expenses 62,900 26,500
Operating lease liability (48,800) (37,700)
Taxes on income (287,100)
Net cash provided by operating activities 696,000 167,200
Investing Activities    
Additions to fixed assets (9,900) (28,500)
Sale of short-term investment 7,985,600
Net cash provided by (used in) investing activities 7,975,700 (28,500)
Financing Activities    
     Issuance of common stock 5,000,000
Net cash provided by financing activities 5,000,000
Increase in cash and cash equivalents 8,671,700 5,138,700
Cash and Cash Equivalents    
  Beginning of period 2,269,200 5,337,800
  End of period 10,940,900 10,476,500
Right of use asset and liability $ 83,000