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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

Summary of Significant Accounting Policies (Tables) [Line Items]

Schedule of Assets or Liabilities Measured at Fair Value on a Nonrecurring Basis

These values are reflected in the following tables:

		As of September 30, 2023
		Level 1				Level 2				Level 3				Total
Assets:
Cash and money market accounts		$	1,989,462			$	—			$	—			$	1,989,462
Liabilities:
Bank debt		$	—			$	10,796,711			$	—			$	10,796,711

		As of December 31, 2022
		Level 1				Level 2				Level 3				Total
Assets:
Cash and money market accounts		$	5,791,562			$	—			$	—			$	5,791,562
Liabilities:
Bank debt		$	—			$	8,897,197			$	—			$	8,897,197

Schedule of Net Income (Loss) Per Common Share

Outstanding stock options that were not included in this calculation because the effect would be anti-dilutive amounted to 616,500 and 563,000 during the three-month periods ended September 30, 2023 and 2022, respectively, and 616,500 and 563,000 during the nine-month periods ended September 30, 2023 and 2022, respectively.

		During the Three-Month Periods Ended September  30,								During the Nine-Month Periods Ended September  30,
		2023				2022				2023				2022
Net loss attributable to stockholders		$	(940,000	)		$	(655,078	)		$	(4,634,767	)		$	(825,939	)
Weighted average common shares outstanding - Basic			7,746,864				7,746,864				7,746,864				7,744,534
Dilutive impact of share-based compensation awards			—				—				—				—
Weighted average common shares outstanding - Diluted			7,746,864				7,746,864				7,746,864				7,744,534
Net loss per share:
Basic		$	(0.12	)		$	(0.08	)		$	(0.60	)		$	(0.11	)
Diluted		$	(0.12	)		$	(0.08	)		$	(0.60	)		$	(0.11	)

Revenue Benchmark [Member]

Summary of Significant Accounting Policies (Tables) [Line Items]

Schedule of Trade Accounts Receivable Due from Significant Customers

Sales to significant customers that amounted to 10% or more of total product sales are detailed in the following table:

		During the Three-Month Periods Ended September 30,								During the Nine-Month Periods Ended September 30,
		2023				2022				2023				2022
Company A			50	%			41	%			48	%			39	%
Company B			29	%			31	%			31	%			34	%

Accounts Receivable [Member]

Summary of Significant Accounting Policies (Tables) [Line Items]

Schedule of Trade Accounts Receivable Due from Significant Customers

Trade accounts receivable due from significant customers that amounted to 10% or more of our total trade accounts receivable are detailed in the following table:

		As of September 30, 2023				As of December 31, 2022
Company A			46	%			41	%
Company B			35	%			28	%
Company C			*				12	%

* This amount is less than 10%.

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