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Condensed Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
   Cash and cash equivalents $ 4,237,342 $ 6,095,886
   Accounts receivable, net 1,812,193 2,576,240
   Inventories, net 6,149,927 5,154,524
   Prepaid expenses and other current assets 576,185 395,161
   Deferred cost on shipments to distributors 206,206 158,977
      Total current assets 12,981,853 14,380,788
Property and equipment:    
   Machinery and office equipment 2,530,275 2,436,897
   Computer equipment, software, and website development 2,682,185 1,909,895
      Property, plant, and equipment, gross 5,212,460 4,346,792
   Accumulated depreciation (3,680,222) (3,277,979)
      Property and equipment, net 1,532,238 1,068,813
Intangible assets, net 1,736,644 1,864,794
Other long-term assets 311,696 89,448
Deferred tax assets 7,960,419 7,960,419
Operating lease right-of-use asset 3,674,173 210,839
      Total assets 28,197,023 25,575,101
Current liabilities:    
   Accounts payable and accrued expenses 1,717,113 2,169,055
   Accrued payroll and related expenses 761,478 692,994
   Deferred revenue on shipments to distributors 524,172 407,235
   Short term portion of deferred service revenue 23,363 17,128
   Note Payable – current portion 250,000 500,000
   Subordinated convertible notes payable, net of discount 146,435 143,514
   Subordinated convertible notes payable, net of discount-related party 1,223,232 1,201,334
   Operating lease – current portion 434,524 258,097
      Total current liabilities 5,080,317 5,389,357
Long-term portion of deferred service revenue 14,173 14,281
Operating lease - long-term portion 3,406,778
Long-term portion of note payable 125,000
   Total liabilities 8,501,268 5,528,638
Commitments and contingencies
Stockholders’ equity:    
Common Stock, Value, Issued 7,137 7,184
   Additional paid-in capital 66,870,795 66,139,630
   Treasury stock (653,684)
   Accumulated deficit (46,528,493) (46,100,351)
      Total stockholders’ equity 19,695,755 20,046,463
         Total liabilities and stockholders’ equity $ 28,197,023 $ 25,575,101