Annual report pursuant to Section 13 and 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.1
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Numerator for basic and diluted loss per share:

Numerator for basic and diluted loss per share:

    2021     2020  
Net loss   $ (412,785 )   $ (3,149,852 )
Less: cumulative dividends earned on Series A and Series B preferred stock     (94,850 )     (95,106 )
Net loss attributable to common shareholders   $ (507,635 )   $ (3,244,958 )
Schedule of diluted EPS
               
    2021   2020
Weighted average common shares outstanding - basic     136,311,335       136,231,562  
Dilutive effect of stock options     –       –  
Weighted average common shares outstanding - diluted     136,311,335       136,231,562  
Schedule of allowance for doubtful accounts
               
    2021   2020
Beginning balance   $ 45,328     $ 58,791  
Warranty claims incurred     (16,075 )     (20,499 )
Provision charged to expense     17,397       7,036  
Ending balance   $ 46,650     $ 45,328