hopTo (HPTO) 10-Q 16 Aug 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2021	Aug. 16, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	0-21683
Entity Registrant Name	hopTo Inc.
Entity Central Index Key	0001021435
Entity Tax Identification Number	13-3899021
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	6 Loudon Road
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	Concord
Entity Address, State or Province	NH
Entity Address, Postal Zip Code	03301
City Area Code	800
Local Phone Number	472-7466
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		18,850,675

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 4,483,400	$ 4,375,300
Marketable securities	317,200
Accounts receivable, net	466,700	417,300
Prepaid expenses and other current assets	136,000	48,500
Total current assets	5,403,300	4,841,100
Property and equipment, net	2,900
Other assets	17,800	17,800
Total assets	5,424,000	4,858,900
Current liabilities
Accounts payable	248,600	251,000
Accrued expenses	64,400	82,000
Accrued wages	143,500	141,600
Deferred revenue	1,180,200	1,084,900
Total current liabilities	1,636,700	1,559,500
Long-term liabilities
Deferred revenue	343,000	383,000
Total liabilities	1,979,700	1,942,500
Commitments and contingencies
Stockholders’ equity
Preferred stock, $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding as of June 30, 2021 or December 31, 2020
Common stock, $0.0001 par value, 195,000,000 shares authorized, 18,850,675 shares issued and outstanding for both periods ending June 30, 2021 and December 31, 2020	1,900	1,900
Additional paid-in capital	82,155,200	82,155,200
Accumulated deficit	(78,712,800)	(79,240,700)
Total stockholders’ equity	3,444,300	2,916,400
Total liabilities and stockholders’ equity	$ 5,424,000	$ 4,858,900

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	195,000,000	195,000,000
Common stock, shares issued	18,850,675	18,850,675
Common stock, shares outstanding	18,850,675	18,850,675

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenues:
Total revenue	$ 899,100	$ 1,066,100	$ 1,759,300	$ 1,910,700
Cost of revenue:
Total cost of revenue	45,600	37,400	89,800	75,500
Gross profit	853,500	1,028,700	1,669,500	1,835,200
Operating expenses:
Selling and marketing	153,100	151,500	296,100	255,900
General and administrative	199,600	239,500	414,300	468,500
Research and development	364,500	356,900	727,600	720,900
Total operating expenses	717,200	747,900	1,438,000	1,445,300
Income from operations	136,300	280,800	231,500	389,900
Other income:
Unrealized gain in marketable securities	12,400		26,600
Other income		46,900	269,800	46,900
Income before provision for income taxes	148,700	327,700	527,900	436,800
Provision for income taxes		5,000		5,000
Net income	$ 148,700	$ 322,700	$ 527,900	$ 431,800
Net income per share, basic	$ 0.01	$ 0.03	$ 0.03	$ 0.04
Net income per share, diluted	$ 0.01	$ 0.03	$ 0.03	$ 0.04
Weighted average number of common shares outstanding
Basic	18,850,675	11,432,378	18,850,675	10,687,029
Diluted	19,092,981	11,903,890	19,093,375	11,158,540
License [Member]
Revenues:
Total revenue	$ 174,800	$ 175,500	$ 374,200	$ 451,800
Technology Service [Member]
Revenues:
Total revenue	702,700	639,200	1,342,000	1,185,900
Product and Service, Other [Member]
Revenues:
Total revenue	21,600	251,400	43,100	273,000
Service [Member]
Cost of revenue:
Total cost of revenue	13,500	13,100	27,000	26,300
Product [Member]
Cost of revenue:
Total cost of revenue	$ 32,100	$ 24,300	$ 62,800	$ 49,200

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 1,000	$ 79,523,500	$ (79,934,400)	$ (409,900)
Beginning balance, shares at Dec. 31, 2019	9,834,866
Shares issued for settlement of accrued expenses		39,600		39,600
Shares issued for settlement of accrued expenses, shares	120,000
Proceeds from rights offering, shares
Contributed services		56,200		56,200
Net income			109,100	109,100
Ending balance, value at Mar. 31, 2020	$ 1,000	79,619,300	(79,825,300)	(205,000)
Ending balance, shares at Mar. 31, 2020	9,954,866
Beginning balance, value at Dec. 31, 2019	$ 1,000	79,523,500	(79,934,400)	(409,900)
Beginning balance, shares at Dec. 31, 2019	9,834,866
Shares issued for settlement of accrued expenses, shares	120,000
Net income				431,800
Ending balance, value at Jun. 30, 2020	$ 1,100	80,036,100	(79,502,600)	534,600
Ending balance, shares at Jun. 30, 2020	11,555,504
Beginning balance, value at Mar. 31, 2020	$ 1,000	79,619,300	(79,825,300)	(205,000)
Beginning balance, shares at Mar. 31, 2020	9,954,866
Shares issued for settlement of accrued expenses, shares	0
Proceeds from rights offering	$ 100	480,000		480,100
Proceeds from rights offering, shares	1,600,638
Issuance cost for rights offering		(119,400)		(119,400)
Contributed services		56,200		56,200
Net income			322,700	322,700
Ending balance, value at Jun. 30, 2020	$ 1,100	80,036,100	(79,502,600)	534,600
Ending balance, shares at Jun. 30, 2020	11,555,504
Beginning balance, value at Dec. 31, 2020	$ 1,900	82,155,200	(79,240,700)	2,916,400
Beginning balance, shares at Dec. 31, 2020	18,850,675
Net income			379,200	379,200
Ending balance, value at Mar. 31, 2021	$ 1,900	82,155,200	(78,861,500)	3,295,600
Ending balance, shares at Mar. 31, 2021	18,850,675
Beginning balance, value at Dec. 31, 2020	$ 1,900	82,155,200	(79,240,700)	2,916,400
Beginning balance, shares at Dec. 31, 2020	18,850,675
Shares issued for settlement of accrued expenses, shares	0
Net income				527,900
Ending balance, value at Jun. 30, 2021	$ 1,900	82,155,200	(78,712,800)	3,444,300
Ending balance, shares at Jun. 30, 2021	18,850,675
Beginning balance, value at Mar. 31, 2021	$ 1,900	82,155,200	(78,861,500)	3,295,600
Beginning balance, shares at Mar. 31, 2021	18,850,675
Shares issued for settlement of accrued expenses, shares	0
Net income			148,700	148,700
Ending balance, value at Jun. 30, 2021	$ 1,900	$ 82,155,200	$ (78,712,800)	$ 3,444,300
Ending balance, shares at Jun. 30, 2021	18,850,675

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities
Net income	$ 527,900	$ 431,800
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation	500
Contributed services		112,400
Changes in allowance for doubtful accounts	5,600	(2,900)
Gain on sale of patents	(269,800)
Unrealized gain from marketable securities	(26,600)
Changes in operating assets and liabilities:
Accounts receivable	(55,000)	(43,200)
Prepaid expenses and other current assets	(87,500)	(168,700)
Accounts payable	(2,400)	(27,600)
Accrued expenses	(17,600)	270,300
Accrued wages	1,900	16,200
Deferred revenue	55,300	(174,500)
Net cash provided by operating activities	132,300	413,800
Cash flows from investing activities
Purchase of marketable securities	(290,600)
Proceeds from sale of patents	269,800
Purchase of property and equipment	(3,400)
Net cash used by investing activities	(24,200)
Cash flows from financing activities
Proceeds from rights offering		480,100
Issuance cost for rights offering		(63,100)
Net cash provided by financing activities		417,000
Net change in cash	108,100	830,800
Cash, beginning of the period	4,375,300	1,541,900
Cash, end of the period	4,483,400	2,372,700
Supplemental disclosure of cash flow information:
Income taxes paid		5,000
Supplemental disclosure of non-cash investing and financing information:
Non-cash financing activities: shares issued for settlement of accrued expenses		39,600
Issuance of cost for rights offering included in accounts payable and accrued expenses		$ 56,300

Organization

Organization	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Organization	1. Organization hopTo Inc., a Delaware corporation, through its wholly-owned subsidiary GraphOn Corporation (collectively, “we”, “us,” “our” or the “Company”) are developers of application publishing software which includes application virtualization software and cloud computing software for multiple computer operating systems including Windows, UNIX and several Linux-based variants. The Company sells a family of products under the brand name GO-Global, which is a software application publishing business and is the Company’s sole revenue source at this time. GO-Global is an application access solution for use and/or resale by independent software vendors, corporate enterprises, governmental and educational institutions, and others, who wish to take advantage of cross-platform remote access and Web-enabled access to their existing software applications, as well as those who are deploying secure, private cloud environments.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies Basis of Presentation The unaudited consolidated financial statements include the accounts of hopTo Inc. and its wholly-owned subsidiaries. All significant intercompany accounts and transactions are eliminated upon consolidation. The unaudited consolidated financial statements included herein have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) applicable to interim financial information and the rules and regulations promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, such unaudited consolidated financial statements do not include all information and footnote disclosures required in annual financial statements. The unaudited consolidated financial statements included herein reflect all adjustments, which include only normal, recurring adjustments, that are, in our opinion, necessary to state fairly the results for the periods presented. This Quarterly Report on Form 10-Q should be read in conjunction with our audited consolidated financial statements contained in our Annual Report on Form 10-K for the year ended December 31, 2020 which was filed with the SEC on March 31, 2021 (“2020 10-K Report”). The interim results presented herein are not necessarily indicative of the results of operations that may be expected for the full fiscal year ending December 31, 2021 or any future period. Certain prior year information has been reclassified to conform to current year presentation. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported periods. Amounts could materially change in the future. These significant estimates include the valuation of stock-based compensation expense, the allowance for doubtful accounts, depreciation of long-lived assets, and accruals of liabilities. Revenue Recognition The Company markets and licenses its products indirectly through channel distributors, value-added resellers, independent software vendors (“ISVs”), hosting service providers, corporate enterprises, governmental and educational institutions and others. Our product licenses are perpetual. We also separately sell intellectual property licenses, maintenance contracts, which are comprised of license updates and customer service access, as well as other products and services. The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers.” Revenues under ASC 606 are recognized when the promised goods or services are transferred to customers in an amount that reflects the consideration to which the Company expects to be entitled to in exchange for those goods or services. Product Sales All of our licenses are delivered to the customer electronically. The Company sends the license key to the customer to download the related software from Company portal. We recognize revenue upon delivery of these licenses. For stocking resellers who purchase licenses through inventory stocking orders with the intent to resell to an end-user, revenue is recognized when the resellers’ accounts have been credited, at their discretion, for the number of licenses purchased. Services Revenue The Company has maintenance contracts that entitle customers to support and certain updates to the product. Revenue from maintenance contracts is recognized ratably over the related contract period, which generally ranges from one to five years. Subscription Revenue The Company sells subscription licenses that provide the customer with the right to use the software, maintenance and support and certain updates to the product. Subscription licenses are delivered electronically by either the Company’s cloud licensing server or by sending a term license key to the customer to download the related software from the Company portal. Revenue from subscription licenses is recognized ratably over the related contract period, which generally ranges from one month to one year. The Company’s product sales by geographic area are presented in Note 5. Cash and Cash Equivalents The Company considers all highly liquid holdings with maturities of three months or less at the time of purchase to be cash equivalents. The Company had cash equivalents of $ 317,200 primarily in money market account as of June 30, 2021 (unaudited) and had no such cash equivalents at December 31, 2020. Allowance for Doubtful Accounts We maintain an allowance for doubtful accounts that reflects our best estimate of potentially uncollectible trade receivables. The allowance is based on assessments of the collectability of specific customer accounts and the general aging and size of the accounts receivable. We regularly review the adequacy of our allowance for doubtful accounts by considering such factors as historical experience, credit worthiness, and current economic conditions that may affect a customer’s ability to pay. We specifically reserve for those accounts deemed uncollectible. We also establish, and adjust, a general allowance for doubtful accounts based on our review of the aging and size of our accounts receivable. As of June 30, 2021 and December 31, 2020, the allowance for doubtful accounts totaled $ 11,500 5,900 Concentration of Credit Risk For the six months ended June 30, 2021, the Company had two resellers comprising 11.2% 10.2% 11.1% As of June 30, 2021 and December 31, 2020, the Company has two resellers comprising 24.9% 18.0% 25.7% 18.9% For the purposes of this description, “sales” refers to the dollar value of orders received from these customers and partners in the period indicated. The sales values do not necessarily equal recognized revenue for these periods due to our revenue recognition policies which require deferral of revenue associated with prepaid software service fees. The loss of one of these resellers would not have a material impact as the Company could take over the end customer relationship. Basic and Diluted Earnings Per Share In accordance with ASC 260, “Earnings Per Share,” the basic income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted average common shares outstanding during the period. Diluted income (loss) per share reflects per share amounts that would have resulted if diluted potential common stock had been converted to common stock. Dilutive common share equivalents as of June 30, 2021, representing 248,216 78,550 93,076 Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, accounts payable, and accrued expenses. The carrying amount of these financial instruments approximates fair value due to the nature of the accounts and their short-term maturities. Recently Adopted Accounting Pronouncements The FASB issues ASUs to amend the authoritative literature in ASC. There have been several ASUs to date, including those above, that amend the original text of ASC. Management believes that those issued to date either (i) provide supplemental guidance, (ii) are technical corrections, (iii) are not applicable to us or (iv) are not expected to have a significant impact our financial statements.

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Property and Equipment	3. Property and Equipment Property and equipment consisted of the following. Schedule of Property and Equipment June 31, December 31, 2021 2020 (Unaudited) Equipment $ 157,700 $ 154,300 Furniture and fixtures 1,600 1,600 159,300 155,900 Less: accumulated depreciation (156,400 ) (155,900 ) $ 2,900 $ - Depreciation expense amounted to $ 500 0 June 30, 2021 and 2020.

Stockholders_ Equity

Stockholders’ Equity	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Stockholders’ Equity	4. Stockholders’ Equity Stock-Based Compensation Plans The following summarizes the stock option activity for the six months ended June 30, 2021. Schedule of Share-based Compensation, Stock Options, Activity Weighted- Average Weighted- Remaining Average Contractual Exercise Life Options Price (Years) Outstanding at December 31, 2020 93,076 $ 3.03 0.74 Granted - Forfeited/cancelled (14,526 ) Outstanding at June 30, 2021 78,550 $ 3.45 0.38 Vested and expected to vest at June 30, 2021 78,550 $ 3.45 0.38 Exercisable at June 30, 2021 78,550 $ 3.45 0.38 The following table summarizes information about options outstanding and exercisable as of June 30, 2021. Schedule of Share-based Compensation, Shares Authorized Under Stock Option Plans, by Exercise Price Range Options Outstanding Options Exercisable Weighted- Weighted- Range of Average Average Average Exercise Number Remaining Exercise Number Exercise Price of Shares Life (Years) Price of Shares Price $ 2.00 4.00 63,684 0.37 $ 3.21 63,684 $ 3.21 4.20 6.68 14,866 0.40 4.46 14,866 4.46 78,550 78,550 Shares of Common Stock Issued During the three and six-month periods ending June 30, 2021, the Company did no 0 120,000 120,000 39,600 Warrants As of June 30, 2021 and December 31, 2020, the Company had 248,216 0.01 May 20, 2023

Sales by Geographical Location

Sales by Geographical Location	6 Months Ended
	Jun. 30, 2021
Sales By Geographical Location
Sales by Geographical Location	5. Sales by Geographical Location Revenue by country for the three and six months ended June 30, 2021 and 2020 was as follows. Schedule of Revenue by Country Three Months Ended Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Revenue by Country United States $ 364,700 $ 301,600 $ 712,200 $ 614,200 Brazil 174,600 417,800 348,600 583,400 Japan 115,800 95,600 232,200 165,900 Other Countries 244,000 251,100 466,300 547,200 Total 899,100 1,066,100 1,759,300 1,910,700

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	6. Commitments and Contingencies Profit Sharing Plans The Company has adopted a 401(k) plan to provide retirement benefits for employees under which the Company makes discretionary matching contributions During the three months ended June 30, 2021 and 2020, the Company contributed a total of $ 3,200 6,100 15,400 15,600 Contingencies During the ordinary course of business, the Company is subject to various potential claims and litigation. Management is not aware of any outstanding litigation which would have a significant impact on the Company’s financial statements.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The unaudited consolidated financial statements include the accounts of hopTo Inc. and its wholly-owned subsidiaries. All significant intercompany accounts and transactions are eliminated upon consolidation. The unaudited consolidated financial statements included herein have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) applicable to interim financial information and the rules and regulations promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, such unaudited consolidated financial statements do not include all information and footnote disclosures required in annual financial statements. The unaudited consolidated financial statements included herein reflect all adjustments, which include only normal, recurring adjustments, that are, in our opinion, necessary to state fairly the results for the periods presented. This Quarterly Report on Form 10-Q should be read in conjunction with our audited consolidated financial statements contained in our Annual Report on Form 10-K for the year ended December 31, 2020 which was filed with the SEC on March 31, 2021 (“2020 10-K Report”). The interim results presented herein are not necessarily indicative of the results of operations that may be expected for the full fiscal year ending December 31, 2021 or any future period. Certain prior year information has been reclassified to conform to current year presentation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported periods. Amounts could materially change in the future. These significant estimates include the valuation of stock-based compensation expense, the allowance for doubtful accounts, depreciation of long-lived assets, and accruals of liabilities.
Revenue Recognition	Revenue Recognition The Company markets and licenses its products indirectly through channel distributors, value-added resellers, independent software vendors (“ISVs”), hosting service providers, corporate enterprises, governmental and educational institutions and others. Our product licenses are perpetual. We also separately sell intellectual property licenses, maintenance contracts, which are comprised of license updates and customer service access, as well as other products and services. The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers.” Revenues under ASC 606 are recognized when the promised goods or services are transferred to customers in an amount that reflects the consideration to which the Company expects to be entitled to in exchange for those goods or services. Product Sales All of our licenses are delivered to the customer electronically. The Company sends the license key to the customer to download the related software from Company portal. We recognize revenue upon delivery of these licenses. For stocking resellers who purchase licenses through inventory stocking orders with the intent to resell to an end-user, revenue is recognized when the resellers’ accounts have been credited, at their discretion, for the number of licenses purchased. Services Revenue The Company has maintenance contracts that entitle customers to support and certain updates to the product. Revenue from maintenance contracts is recognized ratably over the related contract period, which generally ranges from one to five years. Subscription Revenue The Company sells subscription licenses that provide the customer with the right to use the software, maintenance and support and certain updates to the product. Subscription licenses are delivered electronically by either the Company’s cloud licensing server or by sending a term license key to the customer to download the related software from the Company portal. Revenue from subscription licenses is recognized ratably over the related contract period, which generally ranges from one month to one year. The Company’s product sales by geographic area are presented in Note 5.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid holdings with maturities of three months or less at the time of purchase to be cash equivalents. The Company had cash equivalents of $ 317,200 primarily in money market account as of June 30, 2021 (unaudited) and had no such cash equivalents at December 31, 2020.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts We maintain an allowance for doubtful accounts that reflects our best estimate of potentially uncollectible trade receivables. The allowance is based on assessments of the collectability of specific customer accounts and the general aging and size of the accounts receivable. We regularly review the adequacy of our allowance for doubtful accounts by considering such factors as historical experience, credit worthiness, and current economic conditions that may affect a customer’s ability to pay. We specifically reserve for those accounts deemed uncollectible. We also establish, and adjust, a general allowance for doubtful accounts based on our review of the aging and size of our accounts receivable. As of June 30, 2021 and December 31, 2020, the allowance for doubtful accounts totaled $ 11,500 5,900
Concentration of Credit Risk	Concentration of Credit Risk For the six months ended June 30, 2021, the Company had two resellers comprising 11.2% 10.2% 11.1% As of June 30, 2021 and December 31, 2020, the Company has two resellers comprising 24.9% 18.0% 25.7% 18.9% For the purposes of this description, “sales” refers to the dollar value of orders received from these customers and partners in the period indicated. The sales values do not necessarily equal recognized revenue for these periods due to our revenue recognition policies which require deferral of revenue associated with prepaid software service fees. The loss of one of these resellers would not have a material impact as the Company could take over the end customer relationship.
Basic and Diluted Earnings Per Share	Basic and Diluted Earnings Per Share In accordance with ASC 260, “Earnings Per Share,” the basic income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted average common shares outstanding during the period. Diluted income (loss) per share reflects per share amounts that would have resulted if diluted potential common stock had been converted to common stock. Dilutive common share equivalents as of June 30, 2021, representing 248,216 78,550 93,076
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, accounts payable, and accrued expenses. The carrying amount of these financial instruments approximates fair value due to the nature of the accounts and their short-term maturities.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements The FASB issues ASUs to amend the authoritative literature in ASC. There have been several ASUs to date, including those above, that amend the original text of ASC. Management believes that those issued to date either (i) provide supplemental guidance, (ii) are technical corrections, (iii) are not applicable to us or (iv) are not expected to have a significant impact our financial statements.

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consisted of the following. Schedule of Property and Equipment June 31, December 31, 2021 2020 (Unaudited) Equipment $ 157,700 $ 154,300 Furniture and fixtures 1,600 1,600 159,300 155,900 Less: accumulated depreciation (156,400 ) (155,900 ) $ 2,900 $ -

Stockholders_ Equity (Tables)

Stockholders’ Equity (Tables)	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	The following summarizes the stock option activity for the six months ended June 30, 2021. Schedule of Share-based Compensation, Stock Options, Activity Weighted- Average Weighted- Remaining Average Contractual Exercise Life Options Price (Years) Outstanding at December 31, 2020 93,076 $ 3.03 0.74 Granted - Forfeited/cancelled (14,526 ) Outstanding at June 30, 2021 78,550 $ 3.45 0.38 Vested and expected to vest at June 30, 2021 78,550 $ 3.45 0.38 Exercisable at June 30, 2021 78,550 $ 3.45 0.38
Schedule of Share-based Compensation, Shares Authorized Under Stock Option Plans, by Exercise Price Range	The following table summarizes information about options outstanding and exercisable as of June 30, 2021. Schedule of Share-based Compensation, Shares Authorized Under Stock Option Plans, by Exercise Price Range Options Outstanding Options Exercisable Weighted- Weighted- Range of Average Average Average Exercise Number Remaining Exercise Number Exercise Price of Shares Life (Years) Price of Shares Price $ 2.00 4.00 63,684 0.37 $ 3.21 63,684 $ 3.21 4.20 6.68 14,866 0.40 4.46 14,866 4.46 78,550 78,550

Sales by Geographical Location

Sales by Geographical Location (Tables)	6 Months Ended
	Jun. 30, 2021
Sales By Geographical Location
Schedule of Revenue by Country	Revenue by country for the three and six months ended June 30, 2021 and 2020 was as follows. Schedule of Revenue by Country Three Months Ended Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Revenue by Country United States $ 364,700 $ 301,600 $ 712,200 $ 614,200 Brazil 174,600 417,800 348,600 583,400 Japan 115,800 95,600 232,200 165,900 Other Countries 244,000 251,100 466,300 547,200 Total 899,100 1,066,100 1,759,300 1,910,700

Significant Accounting Polici_3

Significant Accounting Policies (Details Narrative) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Product Information [Line Items]
Cash Equivalents, at Carrying Value	$ 317,200		$ 0
Allowance for doubtful accounts	$ 11,500		$ 5,900
Number of common shares equivalents of outstanding in money warrants	248,216
Shares of common stock equivalents excluded from computation of diluted earnings per share	78,550	93,076
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Resellers One [Member]
Product Information [Line Items]
Concentration of credit risk percentage	11.20%	11.10%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Resellers Two [Member]
Product Information [Line Items]
Concentration of credit risk percentage	10.20%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Resellers One [Member]
Product Information [Line Items]
Concentration of credit risk percentage	24.90%		25.70%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Resellers Two [Member]
Product Information [Line Items]
Concentration of credit risk percentage	18.00%		18.90%

Schedule of Property and Equipm

Schedule of Property and Equipment (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 159,300	$ 155,900
Less: accumulated depreciation	(156,400)	(155,900)
Property and equipment net	2,900
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	157,700	154,300
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 1,600	$ 1,600

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Depreciation	$ 500

Schedule of Share-based Compens

Schedule of Share-based Compensation, Stock Options, Activity (Details)	6 Months Ended
	Jun. 30, 2021$ / sharesshares
Equity [Abstract]
Options Outstanding, Beginning Balance	93,076
Weighted Average Exercise Price, Outstanding Beginning Balance | $ / shares	$ 3.03
Weighted Average Remaining Contractual Life (Years) Outstanding, Beginning Balance	8 months 26 days
Options Outstanding, Granted
Options Outstanding, Forfeited/cancelled	(14,526)
Options Outstanding, Ending Balance	78,550
Weighted Average Exercise Price, Outstanding Ending Balance | $ / shares	$ 3.45
Weighted Average Remaining Contractual Life (Years) Outstanding, Ending Balance	4 months 17 days
Options Outstanding, Vested and expected to vest at June 30, 2020	78,550
Weighted Average Exercise Price, Vested and expected to vest at December 31, 2020 | $ / shares	$ 3.45
Weighted Average Remaining Contractual Life (Years), Vested and expected to vest at December 31, 2020	4 months 17 days
Options Exercisable at December 31, 2020	78,550
Weighted Average Exercise Price, Exercisable at December 31, 2020 | $ / shares	$ 3.45
Weighted Average Remaining Contractual Life (Years) Exercisable at December 31, 2020	4 months 17 days

Schedule of Share-based Compe_2

Schedule of Share-based Compensation, Shares Authorized Under Stock Option Plans, by Exercise Price Range (Details)	6 Months Ended
	Jun. 30, 2021$ / sharesshares
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding, Number of shares | shares	78,550
Options Exercisable, Number of shares | shares	78,550
Exercise Price Range 1 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price Range, Lower Range Limit	$ 2
Exercise Price Range, Upper Range Limit	$ 4
Options Outstanding, Number of shares | shares	63,684
Options Outstanding, Weighted Average Remaining Life (Years)	4 months 13 days
Options Outstanding, Weighted Average Exercise Price	$ 3.21
Options Exercisable, Number of shares | shares	63,684
Options Exercisable, Weighted Average Exercise Price	$ 3.21
Exercise Price Range 2 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price Range, Lower Range Limit	4.20
Exercise Price Range, Upper Range Limit	$ 6.68
Options Outstanding, Number of shares | shares	14,866
Options Outstanding, Weighted Average Remaining Life (Years)	4 months 24 days
Options Outstanding, Weighted Average Exercise Price	$ 4.46
Options Exercisable, Number of shares | shares	14,866
Options Exercisable, Weighted Average Exercise Price	$ 4.46

Stockholders_ Equity (Details N

Stockholders’ Equity (Details Narrative) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accrued expenses	$ 64,400			$ 64,400		$ 82,000
Warrants outstanding	248,216			248,216		248,216
Warrants outstanding exercisable price	$ 0.01			$ 0.01
Warrants expiration date	May 20, 2023			May 20, 2023
Board of Directors [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares issued				120,000
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares issued	0	0	120,000	0	120,000
Accrued expenses	$ 39,600			$ 39,600

Schedule of Revenue by Country

Schedule of Revenue by Country (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Revenue by country	$ 899,100	$ 1,066,100	$ 1,759,300	$ 1,910,700
UNITED STATES
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Revenue by country	364,700	301,600	712,200	614,200
BRAZIL
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Revenue by country	174,600	417,800	348,600	583,400
JAPAN
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Revenue by country	115,800	95,600	232,200	165,900
Other Countries [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Revenue by country	$ 244,000	$ 251,100	$ 466,300	$ 547,200

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Profit sharing plans	$ 3,200	$ 6,100	$ 15,400	$ 15,600