| Basic earnings per share are computed on the weighted average of common shares outstanding during each year. Diluted earnings per share include only an increase in the weighted average shares by the common shares issuable upon exercise of employee and consultant stock options. See “NOTE 4 — STOCK-BASED COMPENSATION” for further detail. |
Basic earnings per share are computed on the weighted average of common
shares outstanding during each year. Diluted earnings per share include only an increase in the weighted average shares by the common
shares issuable upon exercise of employee and consultant stock options. See “NOTE 4 — STOCK-BASED COMPENSATION”
for further detail.
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
Six Months Ended |
|
| |
|
June 30, |
|
June 30, |
|
| |
|
2021 |
|
2020 |
|
2021 |
|
2020 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(1,124,549 |
) |
$ |
(1,076,038 |
) |
$ |
(2,400,687 |
) |
$ |
(626,610 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted Average Outstanding Shares: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding shares |
|
|
44,489,853 |
|
|
40,361,924 |
|
|
44,226,936 |
|
|
40,018,559 |
|
| Option shares includable |
|
|
— |
(a) |
|
— |
(a) |
|
— |
(a) |
|
— |
(a) |
| |
|
|
44,489,853 |
|
|
40,361,924 |
|
|
44,226,936 |
|
|
40,018,559 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.03 |
) |
$ |
(0.03 |
) |
$ |
(0.05 |
) |
$ |
(0.02 |
) |
| Diluted |
|
$ |
(0.03 |
) |
$ |
(0.03 |
) |
$ |
(0.05 |
) |
$ |
(0.02 |
) |
__________
| (a) |
For the three months ended June 30, 2021, and 2020, option shares of 224,336 and 162,831 respectively, were not included as the impact is anti-dilutive. For the six months ended June 30, 2021, and 2020, option shares of 214,132 and 182,575 respectively, were not included as the impact is anti-dilutive. For the three and six months ended June 30, 2021 and 2020, restricted shares of 1,000,000 and zero respectively, were not included as the impact is anti-dilutive. |
|
| The following table summarizes net sales by geography for the three and six months ended June 30, 2021, and 2020: |
The following table summarizes net sales by geography for the three and
six months ended June 30, 2021, and 2020:
| |
|
Three Months Ended June 30, |
|
Six Months Ended June 30, |
|
| |
|
2021 |
|
2020 |
|
2021 |
|
2020 |
|
| Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Domestic |
|
$ |
4,645,770 |
|
$ |
6,745,810 |
|
$ |
9,092,559 |
|
$ |
12,086,676 |
|
| International |
|
|
882,404 |
|
|
963,094 |
|
|
1,866,566 |
|
|
1,952,237 |
|
| Total |
|
$ |
5,528,174 |
|
$ |
7,708,904 |
|
$ |
10,959,125 |
|
$ |
14,038,913 |
|
|