XML 93 R21.htm IDEA: XBRL DOCUMENT v3.25.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NEW ACCOUNTING STANDARDS (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of disaggregation of revenue
               
    Years Ended
December 31,
 
    2024     2023  
Device sales   $ 55,500     $ -  
Licensing fee     69,501       82,080  
Equipment     37,826       27,299  
Other     5,894       1,369  
Total   $ 168,721     $ 110,748  

 

Major Geographic Locations

 

    Years Ended
December 31,
 
    2024     2023  
U.S. sales   $ 83,473     $ 107,134  
China sales     85,248       3,614  
Total   $ 168,721     $ 110,748  
Schedule of patents
                       
    Gross
Carrying
Amount
    Accumulated
Amortization
   

Net
Carrying

Value

 
December 31, 2024                        
Patents   $ 215,782     $ (13,519 )   $ 202,263  
Trademarks     64,067       (5,603 )     58,464  
Total December 31, 2024   $ 279,849     $ (19,122 )   $ 260,727  
                         
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
                         
    Amortized
Cost
    Unrealized
Loss
    Fair
Value
 
December 31, 2024                        
Short-term investments   $ 2,905,951     $ (513 )   $ 2,905,438  
                         
December 31, 2023                        
Short-term investments   $ 2,368,608     $ (405 )   $ 2,368,203  
Schedule of fair value, assets measured on recurring basis
                               
    Carrying Value     Level 1     Level 2     Level 3  
December 31, 2024                                
U.S. Treasury Bill   $ 2,650,225     $ 2,650,225     $ -     $ -  
Mutual Funds     255,213       255,213       -       -  
Total December 31, 2024   $ 2,905,438     $ 2,905,438     $ -     $ -  
                                 
December 31, 2023                                
U.S. Treasury Bill   $ 2,368,203     $ 2,368,203     $ -     $ -  
Schedule of anti-dilutive shares
               
    Years Ended
December 31,
 
    2024     2023  
Warrants     2,662,250       2,662,250  
Options     3,071,635       2,281,879  
Total     5,733,885       4,944,129