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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

SCHEDULE OF COMPUTATION OF DILUTED NET LOSS PER SHARE

The following table summarizes the shares of common stock that were potentially issuable but were excluded from the computation of diluted net loss per share for the three months ended March 31, 2022 and 2021 as such shares would have had an anti-dilutive effect:

 SCHEDULE OF COMPUTATION OF DILUTED NET LOSS PER SHARE

		Three Months Ended
		March 31,
		2022				2021
Stock options			11,500				11,500
Unvested restricted stock			179,180				121,691

SCHEDULE OF REVENUE FROM PRODUCT SALES AND ROYALTIES

Revenue streams from product sales and royalties are summarized below for the three months ended March 31, 2022 and 2021. All revenue was generated in the United States; therefore, no geographical disaggregation was necessary.

SCHEDULE OF REVENUE FROM PRODUCT SALES AND ROYALTIES 

		2022				2021
		Three Months Ended
		March 31,
		2022				2021
Product sales revenue		$	7,760,973			$	4,959,186
Royalty revenue			50,250				50,250
Total Revenue		$	7,811,223			$	5,009,436

SCHEDULE OF PROPERTY AND EQUIPMENT

Property and equipment are stated at cost, less accumulated depreciation. Depreciation is recorded using the straight-line method over the estimated useful lives of the related assets, ranging from three to ten years. Below is a summary of property and equipment for the periods presented:

 SCHEDULE OF PROPERTY AND EQUIPMENT

		March 31,				December 31,
		2022				2021
Computers		$	112,703			$	104,568
Office equipment			22,637				21,731
Furniture and fixtures			232,076				221,565
Leasehold improvements			18,331				2,030
Internal use software			1,618,998				1,622,525
Property and equipment, gross			2,004,745				1,972,419
Less accumulated depreciation			(425,772	)			(342,574	)
Property and equipment, net		$	1,578,973			$	1,629,845

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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Tabular disclosure of product information that are included in the discussion of the nature of an entity's operations.

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