Annual report pursuant to Section 13 and 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2018
Significant Accounting Policies Tables Abstract  
Schedule of net sales
    2018     2017  
Sales/access fees   $ 129,960     $ 174,700  
Distribution rights income     246,696       482,571  
Net sales   $ 376,656     $ 657,271  
Schedule of changes in deferred revenue
Balance as of December 31, 2016   $ 1,046,264  
Cash payments received     75,000  
Net sales recognized     (482,571  
Balance as of December 31, 2017:     638,693  
Short term     237,347  
Long term     401,346  
Total as of December 31, 2017     638,693  
Cash payments received     25,000  
Net sales recognized     (246,696 )
Balance as of December 31, 2018     416,997  
Less short term     209,474  
Long term   $ 207,523  
Schedule of computations of weighted average shares outstanding
    2018     2017  
Shares underlying options outstanding     791,850       478,850  
Shares underlying warrants outstanding     85,250       24,300  
Shares underlying convertible notes outstanding     1,312,500       1,312,500  
      2,189,600       1,815,650