v3.23.1
Statements of Comprehensive Income - USD ($)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues    
Licenses, royalties and fees $ 3,613,000 $ 809,900
Product and other sales 1,014,200 1,142,000
  Total revenues 4,627,200 1,951,900
Cost of revenues    
Licenses, royalties and fees 174,200 168,000
Product and other sales 553,500 570,100
 Total cost of revenues 727,700 738,100
Gross profit 3,899,500 1,213,800
Operating expenses    
Research and development 140,400 181,500
Sales and marketing 494,500 287,700
General and administrative 1,219,200 719,400
 Total operating expenses 1,854,100 1,188,600
Net income from operations 2,045,400 25,200
Other income (expenses)    
Interest income 64,200 20,700
Interest expense and bank charges (2,000) (2,200)
 Total other income (expenses) 62,200 18,500
Net income before income taxes 2,107,600 43,700
Income taxes 294,500 (5,700)
Net income $ 1,813,100 $ 49,400
Net income per common share    
Basic $ 0.24 $ 0.01
Diluted $ 0.24 $ 0.01
Weighted average common shares outstanding    
Basic 7,584,511 6,743,615
Diluted 7,584,511 6,743,615