v3.21.2
Condensed Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 14,731,115 $ 3,700,814
Accounts Receivable, net 389,450 331,562
Inventory 846,999 659,651
Prepaid Assets 168,326 90,735
Total Current Assets 16,135,890 4,782,762
Other Assets:    
Property and Equipment, net 157,490 138,626
Intangible Assets, net 793,465 753,122
Long-Term Prepaid Asset 26,000
Total Other Assets 950,955 917,748
TOTAL ASSETS 17,086,845 5,700,510
Current Liabilities:    
Accounts Payable 315,768 128,937
Deferred Revenue 63,569 77,957
Accrued Expenses 184,099 243,815
Total Current Liabilities 563,436 450,709
Long-Term Liabilities:    
Stock Appreciation Rights 93,525 48,341
CARES Act Deferred Payroll Tax Liability 37,728 37,728
Total Long-Term Liabilities 131,253 86,069
TOTAL LIABILITIES 694,689 536,778
Stockholders’ Equity    
Preferred Stock, $0.001 par; 10,000,000 shares authorized; 465 and 715 issued and outstanding, respectively 1 1
Common Stock, $0.001 par; 24,000,000 shares authorized; 10,493,598 and 5,995,320 issued and outstanding, respectively 10,494 5,995
Additional Paid-In Capital 52,058,003 38,262,744
Accumulated Deficit (35,676,342) (33,105,008)
Total Stockholders’ Equity 16,392,156 5,163,732
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 17,086,845 $ 5,700,510

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