Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2020

SIGNIFICANT ACCOUNTING POLICIES

Schedule of net sales

		Three Months Ended September 30,
		2020				2019
Sales/access fees		$	1,500			$	8,150
Distribution rights income			28,959				38,411
Membership/program fees			(650	)			-
Net sales		$	29,809			$	46,561

		Nine Months Ended September 30,
		2020				2019
Sales/access fees		$	13,500			$	22,400
Distribution rights income			86,249				155,411
Membership/program fees			650				-
Net sales		$	100,399			$	177,811

Schedule of changes in deferred revenue

Balance as of December 31, 2019
Short term		$	134,924
Long term			103,313
Total as of December 31, 2019		$	238,237
Cash payments received			1,999
Net sales recognized			(86,899	)
Balance as of September 30, 2020			153,337
Less short term			74,935
Long term		$	78,402

Schedule of computations of weighted average shares outstanding

		Nine Months Ended
		September 30,
		2020				2019
Shares underlying options outstanding		$	831,131			$	818,630
Shares underlying warrants outstanding			72,500				72,500
Convertible preferred stock outstanding			240,000				240,000
		$	1,143,631			$	1,131,130