Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

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STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]    
Net sales $ 14,418,726 $ 22,801,494
Cost of sales 9,657,558 12,619,837
Gross profit 4,761,168 10,181,657
Operating Expenses    
General and administrative 2,848,940 2,112,336
Research and development 1,334,637 213,931
Sales and Marketing 1,348,455 424,579
Depreciation and amortization 31,096 26,888
Total operating expenses 5,563,128 2,777,734
Income (loss) from operations (801,960) 7,403,923
Other income (expenses)    
Interest expenses (17,822) (112,550)
Other income (expenses) 62,366 (27,516)
Total other income (expense) 44,544 (140,066)
Income (loss) before income taxes (757,416) 7,263,857
Provision for income taxes (2,861,047)
Net Income (loss) $ (757,416) $ 4,402,810
Net Income (Loss) per share - basic and diluted (in dollars per share) $ (0.07) $ 0.58
Weighted average shares outstanding, basic and diluted (in shares) 10,143,158 7,564,629