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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2024
Summary of Significant Accounting Policies [Abstract]  
Schedule of Assets or Liabilities Measured at Fair Value on a Nonrecurring Basis These values are reflected in the following tables:
   As of June 30, 2024 
   Level 1   Level 2   Level 3   Total 
Assets:                
Cash and money market accounts  $1,324,285   $
   $
   $1,324,285 
                     
Liabilities:                    
Bank debt  $
   $9,854,011   $
   $9,854,011 

 

   As of December 31, 2023 
   Level 1   Level 2   Level 3   Total 
Assets:                
Cash and money market accounts  $978,741   $
   $
   $978,741 
                     
Liabilities:                    
Bank debt  $
   $10,431,817   $
   $10,431,817 
Schedule of Concentration of Risk 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 June 30,
   During the Six-Month
Periods Ended June 30,
 
   2024   2023   2024   2023 
Company A   44%   47%   45%   47%
Company B   33%   33%   34%   32%
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

June 30,
2024

  

As of
December 31,
2023

 
Company A   39%   43%
Company B   38%   36%
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 618,000 and 624,000 during the three-month periods ended June 30, 2024 and 2023, respectively, and 618,000 and 624,000 during the six-month periods ended June 30, 2024 and 2023, respectively.
  

During the Three-Month

Periods Ended June 30,

  

During the Six-Month

Periods Ended June 30,

 
   2024   2023   2024   2023 
Net loss attributable to stockholders  $(1,531,626)  $(1,379,714)  $(1,969,494)  $(3,694,767)
                     
Weighted average common shares outstanding - Basic   7,810,037    7,746,864    7,780,450    7,746,864 
Dilutive impact of share-based compensation awards   
    
    
    
 
Weighted average common shares outstanding - Diluted   7,810,037    7,746,864    7,780,450    7,746,864 
                     
Net loss per share:                    
Basic  $(0.20)  $(0.18)  $(0.25)  $(0.48)
Diluted  $(0.20)  $(0.18)  $(0.25)  $(0.48)