Income Statement

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Total Net Revenue $ 1,855,489 $ 1,281,682 $ 3,149,698 $ 3,085,106
Total Cost of Sales 747,221 861,668 1,335,935 1,851,043
Gross Profit 1,108,268 420,014 1,813,763 1,234,063
Operating Expenses:        
Research and development 296,413 291,849 607,861 661,092
Selling, general and administrative 951,089 1,056,721 2,162,192 2,127,331
Depreciation and amortization 10,349 14,743 23,589 29,538
Total Operating Expenses 1,257,851 1,363,313 2,793,642 2,817,961
Operating Loss (149,583) (943,299) (979,879) (1,583,898)
Other Income (Expenses):        
Gain on debt extinguishment 0 0 920,673 0
Interest expense, net (3,829) (6,904) (11,702) (15,584)
Total Other Income (Expenses) (3,829) (6,904) 908,971 (15,584)
Loss before Provision for Income Taxes (153,412) (950,203) (70,908) (1,599,482)
Income Tax Provision (Benefit) 2,183 (106) 1,948 3,116
Net Loss Attributable to Common Stockholders $ (155,595) $ (950,097) $ (72,856) $ (1,602,598)
Net Loss per Common Share:        
Basic – net loss attributable to common stockholders $ (0.00) $ (0.01) $ (0.00) $ (0.01)
Diluted – net loss attributable to common stockholders $ (0.00) $ (0.01) $ (0.00) $ (0.01)
Weighted Average Common Shares Outstanding – basic 136,311,335 136,311,335 136,311,335 135,814,956
Weighted Average Common Shares Outstanding – diluted 136,311,335 136,311,335 136,311,335 135,814,956
Product [Member]        
Total Net Revenue $ 1,672,905 $ 1,103,371 $ 2,780,769 $ 2,712,633
Total Cost of Sales 734,899 835,871 1,312,713 1,802,474
Recurring Income [Member]        
Total Net Revenue 182,584 178,311 368,929 372,473
Total Cost of Sales $ 12,322 $ 25,797 $ 23,222 $ 48,569

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