v3.19.2
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net Sales $ 9,236,548 $ 5,815,775 $ 16,983,333 $ 10,687,687
Cost of Sales 6,274,404 3,753,586 11,629,164 7,141,860
Gross Profit 2,962,144 2,062,189 5,354,169 3,545,827
Operating Expenses        
Sales and marketing 695,438 639,832 1,325,472 1,250,169
Research and development 541,380 336,580 1,103,650 800,681
General and administrative 1,152,748 847,517 2,274,244 1,584,034
Total operating expenses 2,389,566 1,823,929 4,703,366 3,634,884
Income (loss) from operations 572,578 238,260 650,803 (89,057)
Other (expenses) income        
Interest expense (10,012) (2,394) (20,713) (5,404)
Other income (expense) 4,221 (12,425) 7,400 (900)
Total other (expenses) income, net (5,791) (14,819) (13,313) (6,304)
Income (loss) before income taxes 566,787 223,441 637,490 (95,361)
Net income (loss) $ 566,787 $ 223,441 $ 637,490 $ (95,361)
Net income (loss) per share - basic and diluted (in dollars per share) $ 0.06 $ 0.02 $ 0.06 $ (0.01)
Weighted average shares outstanding, basic and diluted 10,143,158 10,143,158 10,143,158 10,143,158

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