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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NEW ACCOUNTING STANDARDS (Tables) | 6 Months Ended
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Jun. 30, 2024
Accounting Policies [Abstract] |
Schedule of disaggregation of revenue |
Schedule of disaggregation of revenue |  |  |  |  |  |  |  |
|  | Three Months Ended June 30, |
|  | 2024 |  |  | 2023 |
Device sales |  | $ | - |  |  | $ | 9,600 |
Licensing fee |  |  | 16,064 |  |  |  | 20,033 |
Equipment |  |  | 10,108 |  |  |  | 5,100 |
Other |  |  | 668 |  |  |  | 807 |
Total |  | $ | 26,840 |  |  | $ | 35,540 |
|  | Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |
Device sales |  | $ | 55,500 |  |  | $ | 9,600 |
Licensing fee |  |  | 37,621 |  |  |  | 43,903 |
Equipment |  |  | 11,621 |  |  |  | 11,500 |
Other |  |  | 769 |  |  |  | 1,097 |
Total |  | $ | 105,511 |  |  | $ | 66,100 |
Major Geographic Locations
|  | Three Months Ended June 30, |
|  | 2024 |  |  | 2023 |
U.S. sales |  | $ | 21,688 |  |  | $ | 25,333 |
International sales |  |  | 5,152 |  |  |  | 10,207 |
Total |  | $ | 26,840 |  |  | $ | 35,540 |
|  | Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |
U.S. sales |  | $ | 44,858 |  |  | $ | 55,893 |
International sales |  |  | 60,653 |  |  |  | 10,207 |
Total |  | $ | 105,511 |  |  | $ | 66,100 |
Schedule of patents |
Schedule of patents |  |  |  |  |  |  |  |  |  |  |  |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Value |
June 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Patents |  | $ | 179,090 |  |  | $ | (8,036 | ) |  | $ | 171,054 |
Trademarks |  |  | 57,456 |  |  |  | (2,433 | ) |  |  | 55,023 |
Total June 30, 2024 |  | $ | 236,546 |  |  | $ | (10,469 | ) |  | $ | 226,077 |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Patents |  | $ | 98,970 |  |  | $ | (3,751 | ) |  | $ | 95,219 |
Trademarks |  |  | 10,573 |  |  |  | (264 | ) |  |  | 10,309 |
Total December 31, 2023 |  | $ | 109,543 |  |  | $ | (4,015 | ) |  | $ | 105,528 |
Schedule of unrealized loss on investments |
Schedule of unrealized loss on investments |  |  |  |  |  |  |  |  |  |  |  |
|  | Amortized Cost |  |  | Unrealized Gain (Loss) |  |  | Fair Value |
June 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Short-term investments |  | $ | - |  |  | $ | - |  |  | $ | - |
Total March 31, 2024 |  | $ | - |  |  | $ | - |  |  | $ | - |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Short-term investments |  | $ | 2,368,608 |  |  | $ | (405 | ) |  | $ | 2,368,203 |
Total December 31, 2023 |  | $ | 2,368,608 |  |  | $ | (405 | ) |  | $ | 2,368,203 |
Schedule of fair value, assets measured on recurring basis |
Schedule of fair value, assets measured on recurring basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Carrying Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
June 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury Notes |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury Notes |  | $ | 2,368,203 |  |  | $ | 2,368,203 |  |  | $ | - |  |  | $ | - |
Schedule of antidilutive shares |
Schedule of antidilutive shares |  |  |  |  |  |  |  |
|  | Three Months Ended June 30, |
|  | 2024 |  |  | 2023 |
Warrants |  |  | 2,662,250 |  |  |  | 2,662,250 |
Stock options |  |  | 2,281,879 |  |  |  | - |
Total |  |  | 4,944,129 |  |  |  | 2,662,250 |
|  | Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |
Warrants |  |  | 2,662,250 |  |  |  | 2,662,250 |
Stock options |  |  | 2,281,879 |  |  |  | - |
Total |  |  | 4,944,129 |  |  |  | 2,662,250 |

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