Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2021

SIGNIFICANT ACCOUNTING POLICIES

Schedule of changes in deferred revenue

Balance as of December 31, 2020
Short term		$	63,331
Long term			72,281
Total as of December 31, 2020		$	135,612
Cash payments received			8,496
Reclass to deferred grant			(28,350	)
Net sales recognized			(25,842	)
Balance as of June 30, 2021			89,916
Less short term			34,981
Long term		$	54,935

Schedule of net sales

		Three Months Ended June 30,
		2021				2020
Sales/access fees		$	-			$	3,750
Distribution rights income			8,722				28,645
Membership/program fees			6,996				1,300
Net sales		$	15,718			$	33,695

		Six Months Ended June 30,
		2021				2020
Sales/access fees		$	-			$	12,000
Distribution rights income			17,847				57,290
Membership/program fees			7,995				1,300
Net sales		$	25,842			$	70,590

Schedule of computations of weighted average shares outstanding

		Six Months Ended
		June 30,
		2021				2020
Shares underlying options outstanding			818,631				831,131
Shares underlying warrants outstanding			15,000				72,500
Convertible preferred stock outstanding			240,000				240,000
			1,073,631				1,143,631