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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Net Income (Loss) Per Share

		For the Years Ended December 31,
		2020				2019
Net Income (Loss)		$	4,391,166			$	(2,297,733	)
Adjustments for convertible debt - as converted
Interest on convertible debt			40,689				200,000
Amortization of debt discount on convertible debt			-				17,534
Net income (loss) attributable to common shareholders		$	4,431,855			$	(2,080,199	)
Weighted average number of shares of common stock outstanding:
Basic			16,512,126				15,586,258
Diluted			18,757,509				15,586,258
Net income (loss) attributable to common shareholders per share:
Basic		$	0.27			$	(0.13	)
Diluted		$	0.24			$	(0.13	)

The following provides a reconciliation of the shares used in calculating the per share amounts for the periods presented:

		For the Years Ended December 31,
		2020				2019
Numerator:
Net Income (Loss)		$	4,391,166			$	(2,297,733	)
Denominator:
Basic weighted-average shares			16,512,126				15, 586,258
Effect of dilutive securities
Warrants			2,049,133				-
Convertible Debt			-				-
Options			132,500				-
Preferred Stock			63,750				-
Diluted Weighted Average Shares			18,757,509				15, 586,258
Net Income (Loss) Per Common Share:
Basic		$	0.27			$	(0.15	)
Diluted		$	0.23			$	(0.15	)

Note: Warrants, options and preferred stock for the years ended December 31, 2019 are not included in the computation of diluted weighted average shares as such inclusion would be anti-dilutive.

Income (loss) from Operations Data:
Income (Loss) from Operations		$	4,508,789			$	(2,083,244	)
Basic and Diluted Weighted Average Shares
Basic			16,512,126				15, 586,258
Diluted			18,757,509				15, 586,258
Basic and Diluted Income (loss) Per Common Share
Basic		$	0.27			$	(0.13	)
Diluted		$	0.24			$	(0.13	)

Disaggregation of Revenue

Product and Service Revenue

		For the Years Ended December 31,
		2020				2019
SteraMist Product		$	22,971,000			$	4,999,000
Service and Training			2,057,000				1,348,000
Total		$	25,028,000			$	6,347,000

Revenue by Geographic Region

		For the Years Ended December 31,
		2020				2019
United States		$	18,367,000			$	5,002,000
International			6,661,000				1,345,000
Total		$	25,028,000			$	6,347,000

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

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