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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2021

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of common stock potentially issuable

		As of June 30,
		2021				2020
Stock options			11,500				11,500
Unvested restricted stock			115,719				154,090

		For the Six Months Ended
		June 30, 2021
						Weighted Average				Weighted Average
		Options				Exercise Price				Remaining Contract Life
Outstanding at beginning of period			11,500			$	6.00
Granted			-				-
Exercised			-				-
Forfeited			-			$	-
Expired			-				-
Outstanding at June 30, 2021			11,500			$	6.00				1.5
Exercisable at June 30, 2021			11,500			$	6.00				1.5

Schedule of Revenue from product sales and royalties

		Six Months Ended
		June 30,
		2021				2020
Product sales revenue		$	11,186,069			$	6,391,014
Royalty revenue			100,500				100,500
Total Revenue		$	11,286,569			$	6,491,514

Schedule of Property and equipment

		June 30,				December 31,
		2021				2020
Computers		$	98,140			$	87,252
Office equipment			22,598				22,597
Furniture and fixtures			209,746				205,871
Leasehold improvements			2,030				2,030
Internal use software			1,485,530				485,530
Capital in progress			10,682				-
			1,828,726				803,280
Less accumulated depreciation			(159,732	)			(124,691	)
Property and equipment, net		$	1,668,994			$	678,589

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
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