Schedule of selected financial information [Table Text Block] |
|
|
2025 |
|
|
2024 |
|
|
|
|
|
|
|
|
Revenues |
$ |
15,367,864 |
|
$ |
10,614,470 |
|
Cost of Revenues |
|
8,646,851 |
|
|
6,606,137 |
|
Gross Profit |
|
6,721,013 |
|
|
4,008,333 |
|
|
|
|
|
|
|
|
Product Royalty Income |
|
85,298 |
|
|
39,303 |
|
|
|
|
|
|
|
|
Operating Expenses |
|
|
|
|
|
|
Salaries and wages |
|
1,857,380 |
|
|
1,568,271 |
|
Professional fees |
|
360,051 |
|
|
298,971 |
|
Advertising and marketing |
|
892,057 |
|
|
892,417 |
|
Research and development |
|
664,490 |
|
|
555,778 |
|
General and administrative |
|
1,012,649 |
|
|
942,888 |
|
Other operating expenses |
|
590,402 |
|
|
579,868 |
|
Operating Expenses |
|
5,377,029 |
|
|
4,838,193 |
|
|
|
|
|
|
|
|
Income (Loss) from Operations |
|
1,429,282 |
|
|
(790,557 |
) |
|
|
|
|
|
|
|
Other Income (Expense) |
|
82,147 |
|
|
(24,483 |
) |
Income Taxes |
|
(390,305 |
) |
|
(1,639 |
) |
|
|
|
|
|
|
|
Net Income (Loss) |
$ |
1,121,124 |
|
$ |
(816,679 |
) |
|
|
|
|
|
|
|
|