v3.25.2
Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 11,295,000 $ 10,839,700
Accounts receivable less $12,000 allowance for credit losses 1,134,000 1,234,500
Inventory, net of allowance of $86,500 and $85,400 372,200 349,600
Prepaid and other 113,800 155,700
Total current assets 12,915,000 12,579,500
Fixed assets    
Leasehold improvements 81,500 81,500
Furniture, fixtures and equipment 179,700 179,700
 Fixed assets, gross 261,200 261,200
Less: accumulated depreciation and amortization 247,900 244,500
 Total fixed assets 13,300 16,700
Other assets    
Long-term receivable 1,073,500 1,292,800
Operating lease right of use – building 198,400 32,400
 Total other assets 1,271,900 1,325,200
Total assets 14,200,200 13,921,400
Current liabilities    
Accounts payable 107,600 20,900
Accrued expenses 130,800 108,300
Stock compensation payable 70,300 26,800
Operating lease liability – current 129,400 35,200
Total current liabilities 438,100 191,200
Long-term liabilities    
Accrued expenses – non-current 75,100 90,400
Operating lease liability – non-current 76,200 0
 Total liabilities 589,400 281,600
Stockholders' equity    
Common stock, $0.01 par value Authorized – 75,000,000 shares Issued and outstanding – 10,792,913 shares  107,900 107,900
Paid-in capital 25,584,500 25,580,400
Accumulated deficit (12,081,600) (12,048,500)
Total stockholders' equity 13,610,800 13,639,800
Total liabilities and stockholders' equity $ 14,200,200 $ 13,921,400