v3.21.2
Condensed Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 13,064,394 $ 3,700,814
Accounts Receivable, net 666,740 331,562
Inventory 856,547 659,651
Prepaid Assets 130,675 90,735
Total Current Assets 14,718,356 4,782,762
Other Assets:    
Property and Equipment, net 201,752 138,626
Intangible Assets, net 868,265 753,122
Long-Term Prepaid Asset 26,000
Total Other Assets 1,070,017 917,748
TOTAL ASSETS 15,788,373 5,700,510
Current Liabilities:    
Accounts Payable 223,157 128,937
Deferred Revenue 85,480 77,957
Accrued Expenses 432,615 243,815
Total Current Liabilities 741,252 450,709
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 872,505 536,778
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; 10,498,802 and 5,995,320 issued and outstanding, respectively 10,499 5,995
Additional Paid-In Capital 53,086,908 38,262,744
Accumulated Deficit (38,181,540) (33,105,008)
Total Stockholders’ Equity 14,915,868 5,163,732
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 15,788,373 $ 5,700,510

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