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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
CONDENSED STATEMENTS OF OPERATIONS        
Sales, net $ 8,840,134 $ 9,482,866 $ 22,337,169 $ 22,376,912
Cost of sales        
Cost of manufactured product 4,900,072 5,489,151 12,400,679 12,307,440
Royalty expense to shareholders 680,287 770,197 1,868,064 1,846,438
Total cost of sales 5,580,359 6,259,348 14,268,743 14,153,878
Gross profit 3,259,775 3,223,518 8,068,426 8,223,034
Operating expenses:        
Sales and marketing 1,058,029 954,955 2,953,773 2,826,224
Research and development 117,939 125,780 389,712 409,764
General and administrative 2,165,246 2,342,165 6,306,085 7,321,847
Total operating expenses 3,341,214 3,422,900 9,649,570 10,557,835
Loss from operations (81,439) (199,382) (1,581,144) (2,334,801)
Litigation proceeds       7,724,826
Interest and other income 8,609 4,916 19,822 20,836
Interest expense, net (51,994) (58,316) (158,327) (165,269)
Net income (loss) before income taxes (124,824) (252,782) (1,719,649) 5,245,592
Provision for income taxes 480 2,044 1,440 6,133
Net income (loss) (125,304) (254,826) (1,721,089) 5,239,459
Preferred stock dividend requirements (176,249) (227,499) (528,747) (682,802)
Earnings (loss) applicable to common shareholders $ (301,553) $ (482,325) $ (2,249,836) $ 4,556,657
Basic earnings (loss) per share (in dollars per share) $ (0.01) $ (0.02) $ (0.08) $ 0.16
Diluted earnings (loss) per share (in dollars per share) $ (0.01) $ (0.02) $ (0.08) $ 0.15
Weighted average common shares outstanding:        
Basic (in shares) 29,649,874 27,873,447 29,252,652 27,759,333
Diluted (in shares) 29,649,874 27,873,447 29,252,652 29,436,008