Electronic Systems Technology (ELST) 10-Q 31 Jul 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Jul. 12, 2020
Details
Registrant CIK	0000752294
Fiscal Year End	--12-31
Registrant Name	ELECTRONIC SYSTEMS TECHNOLOGY INC
SEC Form	10-Q
Period End date	Jun. 30, 2020
Trading Symbol	ELST
Trading Exchange	NONE
Tax Identification Number (TIN)	91-1238077
Number of common stock shares outstanding		4,946,502
Filer Category	Non-accelerated Filer
Current with reporting	Yes
Interactive Data Current	Yes
Shell Company	false
Small Business	true
Emerging Growth Company	false
Entity Incorporation, State or Country Code	WA
Entity File Number	000-27793
Entity Address, Address Line One	415 N. Quay St. Bldg B1
Entity Address, City or Town	Kennewick
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	99336
City Area Code	509
Local Phone Number	735-9092
Title of 12(g) Security	Common Stock, $0.001 par value
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Document Quarterly Report	true
Document Transition Report	false

Electronic Systems Technology,

Electronic Systems Technology, Inc. Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 394,875	$ 274,936
Certificates of deposit	499,999	650,000
Accounts receivable, net	53,402	76,959
Inventories	803,528	822,819
Prepaid expenses	20,395	20,910
Accrued interest receivable	4,590	6,540
Total current assets	1,776,789	1,852,164
Property and equipment, net of depreciation	8,922	12,398
Right to use - Lease, net of amortization	13,214	39,641
Total assets	1,798,925	1,904,203
Current liabilities
Accounts payable	26,041	101,548
Refundable deposits	1,060	2,070
Accrued wages and bonus	3,656	0
Accrued vacation pay	19,105	11,165
Lease liability, current portion	13,214	39,641
Other accrued liabilities	6,742	2,485
Total current liabilities	69,818	156,909
Long-term liabilities
CARES Act loan payable (NOTE 8)	171,712	0
Total liabilities	241,530	156,909
Stockholders' equity
Common stock, $0.001 par value 50,000,000 shares authorized 4,946,502 and 4,946,502 shares issued and outstanding respectively	4,947	4,947
Additional paid-in capital	931,441	929,159
Retained earnings	621,007	813,188
Total stockholders' equity	1,557,395	1,747,294
Total liabilities and stockholders' equity	$ 1,798,925	$ 1,904,203

Electronic Systems Technology_2

Electronic Systems Technology, Inc. Balance Sheets (Unaudited) - Parenthetical - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Details
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	50,000,000	50,000,000
Common Stock, Shares, Issued	4,946,502	4,946,502
Common Stock, Shares, Outstanding	4,946,502	4,946,502

ELECTRONIC SYSTEMS TECHNOLOGY_3

ELECTRONIC SYSTEMS TECHNOLOGY, INC STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Details
Sales, net	$ 245,497	$ 395,262	$ 519,464	$ 769,428
Cost of sales	(132,395)	(189,458)	(281,625)	(365,374)
Gross profit	113,102	205,804	237,839	404,054
Operating Expenses
General and administrative	69,957	69,188	165,670	162,694
Research and development	50,213	51,478	105,110	116,952
Marketing and sales	86,295	97,224	174,191	197,207
Operating loss	206,465	217,890	444,971	476,853
Operating loss	(93,363)	(12,086)	(207,132)	(72,799)
Other income
Proceeds from government grant related to Cares Act	9,000	0	9,000	0
Interest income	2,488	5,867	5,951	11,755
Total other income	11,488	5,867	14,951	11,755
Net loss before income tax	(81,875)	(6,219)	(192,181)	(61,044)
Benefit (provision) for income tax	0	0	0	0
Net loss	$ (81,875)	$ (6,219)	$ (192,181)	$ (61,044)
Basic and diluted earnings per share	$ (0.02)	$ 0	$ (0.04)	$ (0.01)
Basic and diluted weighted average shares used in computing income (loss) per share:	4,946,502	4,946,502	4,946,502	4,949,754

ELECTRONIC SYSTEMS TECHNOLOGY_4

ELECTRONIC SYSTEMS TECHNOLOGY, INC. STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($)	Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Equity balance at Dec. 31, 2018	$ 4,986	$ 944,040	$ 1,004,145	$ 1,953,171
Shares outstanding at Dec. 31, 2018	4,985,748
Net income (loss)	$ 0	0	(54,825)	(54,825)
Common stock repurchased	$ (39)	(14,881)	0	(14,920)
Common stock repurchased	(39,246)
Shares outstanding at Mar. 31, 2019	4,946,502
Equity balance at Mar. 31, 2019	$ 4,947	929,159	943,320	1,883,426
Equity balance at Dec. 31, 2018	$ 4,986	944,040	1,004,145	1,953,171
Shares outstanding at Dec. 31, 2018	4,985,748
Common stock repurchased				$ (14,920)
Common stock repurchased				(39,246)
Stock based compensation				$ 0
Shares outstanding at Jun. 30, 2019	4,946,502
Equity balance at Jun. 30, 2019	$ 4,947	929,159	943,101	1,877,207
Equity balance at Mar. 31, 2019	$ 4,947	929,159	943,320	1,883,426
Shares outstanding at Mar. 31, 2019	4,946,502
Net income (loss)	$ 0	0	(6,219)	(6,219)
Shares outstanding at Jun. 30, 2019	4,946,502
Equity balance at Jun. 30, 2019	$ 4,947	929,159	943,101	1,877,207
Equity balance at Dec. 31, 2019	$ 4,947	929,159	813,188	1,747,294
Shares outstanding at Dec. 31, 2019	4,946,502
Net income (loss)	$ 0	0	(110,306)	(110,306)
Stock based compensation	$ 0	2,282	0	2,282
Shares outstanding at Mar. 31, 2020	4,946,502
Equity balance at Mar. 31, 2020	$ 4,947	931,441	702,882	1,639,270
Equity balance at Dec. 31, 2019	$ 4,947	929,159	813,188	$ 1,747,294
Shares outstanding at Dec. 31, 2019	4,946,502
Common stock repurchased				0
Stock based compensation				$ 2,282
Shares outstanding at Jun. 30, 2020	4,946,502
Equity balance at Jun. 30, 2020	$ 4,947	931,441	621,007	1,557,395
Equity balance at Mar. 31, 2020	$ 4,947	931,441	702,882	1,639,270
Shares outstanding at Mar. 31, 2020	4,946,502
Net income (loss)	$ 0	0	(81,875)	(81,875)
Shares outstanding at Jun. 30, 2020	4,946,502
Equity balance at Jun. 30, 2020	$ 4,947	$ 931,441	$ 621,007	$ 1,557,395

ELECTRONIC SYSTEMS TECHNOLOGY_5

ELECTRONIC SYSTEMS TECHNOLOGY, INC. STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities
Net loss	$ (192,181)	$ (61,044)
Noncash items included in net loss
Depreciation	3,476	3,985
Share based compensation	2,282	0
Changes in operating assets and liabilities
Accounts receivable, net	23,557	(80,709)
Inventories	19,291	65,974
Accrued interest receivable	1,950	6,495
Prepaid expenses	515	(4,462)
Accounts payable	(75,507)	(14,084)
Refundable deposits	(1,010)	(8,085)
Other accrued liabilities	15,853	8,513
NET CASH PROVIDED (USED) IN OPERATING ACTIVITIES	(201,774)	(83,417)
CASH FLOWS FROM INVESTING ACTIVITIES:
Certificates of deposit redeemed	450,001	900,000
Certificates of deposit purchased	(300,000)	(900,000)
NET CASH PROVIDED FROM INVESTING ACTIVITIES	150,001	0
CASH FLOWS USED IN FINANCING ACTIVITIES:
Repurchase of shares of common stock	0	(14,920)
Proceeds from CARES Act loan payable	171,712	0
NET CASH USED IN FINANCING ACTIVITIES	171,712	(14,920)
NET INCREASE IN CASH AND CASH EQUIVALENTS	119,939	(98,337)
Cash and cash equivalents at beginning of period	274,936	323,667
Cash and cash equivalents at end of period	$ 394,875	$ 225,330

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2020
Notes
Note 1 - Basis of Presentation	NOTE 1 - BASIS OF PRESENTATION The financial statements, including notes, of Electronic Systems Technology, Inc. (the "Company") are representations of the Company’s management, which is responsible for their integrity and objectivity. The accompanying unaudited financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, as well as the instructions to Form 10-Q. Accordingly, the financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, the accompanying unaudited financial statements contain all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of its financial position as of June 30, 2020, and its results of operations, cash flows, and changes in stockholders’ equity for the three months and six months ended June 30, 2020 and 2019. The balance sheet at December 31, 2019 was derived from audited annual financial statements but does not contain all of the footnote disclosures from the annual financial statements. All amounts presented are in U.S. dollars. For further information, refer to the financial statements and footnotes thereto in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. The results of operations for the three month and six-month period ended June 30, 2020 are not necessarily indicative of the results expected for the full fiscal year or for any other fiscal period. The Company estimates that for 2020 the anticipated effective annual federal income tax rate will be 0%. Accounting Standards Updates Adopted In August 2018, the FASB issued ASU No. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement. The update removes, modifies and makes additions to the disclosure requirements on fair value measurements. The update is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this update on January 1, 2020 had no impact on the financial statements. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

Note 2 - Inventories

Note 2 - Inventories	6 Months Ended
	Jun. 30, 2020
Notes
Note 2 - Inventories	NOTE 2 - INVENTORIES Inventories are stated at lower of direct cost or net realizable value with cost determined using the FIFO (first in, first out) method. Inventories consist of the following: June 30, 2020 December 31, 2019 Parts $ 117,383 $ 116,843 Work in progress 398,357 379,987 Finished goods 287,788 325,989 Total inventories $ 803,528 822,819

Note 3 - Earnings (Loss) Per Sh

Note 3 - Earnings (Loss) Per Share	6 Months Ended
	Jun. 30, 2020
Notes
Note 3 - Earnings (Loss) Per Share	NOTE 3 - EARNINGS (LOSS) PER SHARE Basic earnings (loss) per share excludes dilution and is computed by dividing income (loss) available to common stockholders by the weighted-average number of shares of Common Stock outstanding for the period. Diluted earnings (loss) per share reflects potential dilution occurring if securities or other contracts to issue Common Stock were exercised or converted into Common Stock or resulted in the issuance of Common Stock that then shared in the earnings of the Company. At June 30, 2020 and 2019, the Company had 180,000 and 120,000 outstanding stock options, respectively, that could have a dilutive effect on future periods’ net income. However, diluted earnings per share are not presented because their effect would be antidilutive due to Company’s losses.

Note 4 - Stock Options

Note 4 - Stock Options	6 Months Ended
	Jun. 30, 2020
Notes
Note 4 - Stock Options	NOTE 4 - STOCK OPTIONS As of June 30, 2020, the Company had outstanding stock options which have been granted periodically to individual employees and directors with no less than three years of continuous tenure with the Company. On March 13, 2020, the Board of Directors canceled all 120,000 outstanding stock options that were granted on August 7, 2017 and due to expire on August 6, 2020. In addition, the Board of Directors granted 180,000 options to employees. The new options have an exercise price of $0.40, a term of 5 years, and vested immediately. The fair value of the options was determined using the Black-Scholes model using the following variables: stock price of $0.40, volatility of 79.27%, expected term of 5 years with a forfeiture rate of 95%, and a discount factor of 0.72%. Share based compensation of $2,282 was recognized during the six-month period ended June 30, 2020. A summary of option activity during the six-month period ended June 30, 2020 is as follows: Number Outstanding Weighted-Average Exercise Price Per Share Weighted-Average Remaining Life (Years) Approximate Aggregate Intrinsic Value Outstanding and Exercisable at December 31, 2019 120,000 $0.40 0.6 0 Granted 180,000 $0.40 5.0 Canceled (120,000) $0.40 - Outstanding and Exercisable at June 30, 2020 180,000 $0.40 4.7 0

Note 5 - Revenue

Note 5 - Revenue	6 Months Ended
	Jun. 30, 2020
Notes
Note 5 - Revenue	NOTE 5 – REVENUE The Company derives revenues from the sales of industrial wireless products and accessories such as antennas, power supplies and cable assemblies. The Company also provides direct site support and engineering services to customers, such as repair and upgrade of its products. The Company’s customers, to which trade credit terms are extended, consist of United States and local governments and foreign and domestic companies. For the three-month period ending June 30, 2020 2019 Domestic Sales Foreign Sales Total Sales Domestic Sales Foreign Sales Total Sales Product Sales $ 211,164 $ 33,233 $ 244,397 $ 309,479 $ 57,583 $ 367,062 Site Support Sales 1,100 - 1,100 28,200 - 28,200 Total Sales $ 244,397 $ 33,233 $ 245,497 $ 337,679 $ 57,583 $ 395,292 For the six-month period ending June 30, 2020 2019 Domestic Sales Foreign Sales Total Sales Domestic Sales Foreign Sales Total Sales Product Sales $ 432,139 $ 65,225 $ 497,364 $ 596,894 $ 139,557 $ 736,451 Site Support Sales 22,100 - 22,100 32,977 - 32,977 Total Sales $ 454,239 $ 65,225 $ 519,464 $ 629,871 $ 139,557 $ 769,428 For the three-month period ended June 30, 2020, sales to three customers represented more than 10% of total revenue, three customers represented more than 10% of total revenue for the same period in 2019. 2020 Sales 2020 % of Total Sales 2019 Sales 2019 % of Total Sales Domestic customer A $ 28,384 12% $ 40,362 10% Domestic customer B $ 27,802 11% $ 39,569 10% Domestic customer C $ 24,473 10% $ 37,725 10% For the six-month period ended June 30, 2020, sales to one customer represented more than 10% of total revenue, two customers represented more than 10% of total revenue for the same period in 2019. 2020 Sales 2020 % of Total Sales 2019 Sales 2019 % of Total Sales Domestic customer A 57,702 11% 122,503 16% Domestic customer B - - 79,950 10% As of June 30, 2020 and 2019, the Company had a sales order backlog of $4,118 and $3,307, respectively.

Note 6 - Leases

Note 6 - Leases	6 Months Ended
	Jun. 30, 2020
Notes
Note 6 - Leases	NOTE 6 - LEASES The Company leases its facilities from a port authority for $5,639 per month for three years, expiring in September 2020, with annual increases based upon the Consumer Price Index. The original lease was effective October 1, 2014 and contained a three-year renewal option and a provision for an annual increase of 2% per year, plus Leasehold Tax of 12.84%. On September 5, 2017, the Company exercised the three-year option. The first year of this option was not subject to the 2% increase. The current lease does not contain the option to extend the lease. However, the Company believes that a new lease agreement will be signed prior to the expiration of the current lease. At June 30, 2020, the remaining lease term is .25 years For the three month and six-month periods ended June 30, 2020 and 2019, lease expenses of $16,918 and $16,627, and $33,836 and $33,254 respectively, are included in the following expense classifications on the statement of operations: For the three-month period ending June 30, 2020 2019 Cost of sales Operating expenses Total Cost of sales Operating expenses Total Base rent pursuant to lease agreement $ 2,998 $ 11,995 $ 14,993 $ 2,947 $ 11,788 $ 14,735 Variable lease costs 385 1,540 1,925 378 1,514 1,892 Total lease costs $ 3,383 $ 13,535 $ 16,918 $ 3,325 $ 13,302 $ 16,627 For the six-month period ending June 30, 2020 2019 Cost of sales Operating expenses Total Cost of sales Operating expenses Total Base rent pursuant to lease agreement $ 5,996 $ 23,990 $ 29,986 $ 5,894 $ 23,576 $ 29,470 Variable lease costs 770 3,080 3,850 756 3,028 3,784 Total lease costs $ 6,766 $ 20,070 $ 33,836 $ 6,650 $ 26,604 $ 33,254 As of June 30, 2020, total future lease payments are as follows: From July 1, 2020 to October 1, 2020 $ 14,994 Less imputed interest (1,780) Net lease liability 13,214 Current portion 13,214 Long-term portion $ -

Note 7 - Stock Repurchase

Note 7 - Stock Repurchase	6 Months Ended
	Jun. 30, 2020
Notes
Note 7 - Stock Repurchase	NOTE 7 – STOCK REPURCHASE On January 13, 2016, the Company’s Board of Directors approved a resolution authorizing the repurchase of up to $100,000 of the Company’s Common Stock at the price of $0.38 per share. The Company’s share repurchase program does not obligate it to acquire any specific number of shares. On March 2, 2016, the Company’s Board of Director approved a resolution authorizing the repurchase of an additional $150,000 of the Company’s Common Stock at the price of $0.38 per share. Under the program (the “Stock Repurchase Plan”), shares may be repurchased in open market transactions, complying with Rule 10b5-1 and Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Shares repurchased are retired. During the six-month period ended June 30, 2020, no shares were repurchased; 39,246 shares for $14,920 were repurchased in the six-month period ended June 30, 2019. Since inception of the Stock Repurchase Plan, the Company has repurchased 212,165 shares for a total of $80,622 through June 30, 2020 and $169,378 of the original $250,000 approved by the board remains. On April 23, 2020 repurchases were suspended indefinitely.

Debt Disclosure

Debt Disclosure	6 Months Ended
	Jun. 30, 2020
Notes
Debt Disclosure	NOTE 8 – CARES ACT LOANS PAYABLE On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (the “CARES Act”) Act was signed into United States law. In April 2020, the Company received a loan of $171,712 pursuant to the Paycheck Protection Program (the “PPP”) under Division A, Title I, Section 1102 and 1106 of the CARES Act. The loan, which was in the form of a promissory note, as amended, dated April 13, 2020 issued by the Company (the “Note”); the Note matures on April 13, 2022 and bears interest at a rate of 1% per annum, payable monthly commencing on August 13, 2021. The Note may be prepaid by the Company at any time prior to maturity with no prepayment penalties. Under the terms of the PPP, certain amounts of the loan may be forgiven if they are used for qualifying expenses as described in the CARES Act. Qualifying expenses include payroll costs, costs used to continue group health care benefits, mortgage payments, rent, and utilities. The Company intends to use the entire loan amount for qualifying expenses, but there is no guarantee that the loan will be forgiven. During the three months ended June 30, 2020, the Company received $9,000 under Division A, Title I, Section 1110 of the CARES Act. The Company is not required to pay this amount back and thus recognized $9,000 as government grant income during the period.

Note 2 - Inventories_ Schedule

Note 2 - Inventories: Schedule of Inventory, Current (Tables)	6 Months Ended
	Jun. 30, 2020
Tables/Schedules
Schedule of Inventory, Current	June 30, 2020 December 31, 2019 Parts $ 117,383 $ 116,843 Work in progress 398,357 379,987 Finished goods 287,788 325,989 Total inventories $ 803,528 822,819

Note 4 - Stock Options_ Schedul

Note 4 - Stock Options: Schedule of Stock Options Roll Forward (Tables)	6 Months Ended
	Jun. 30, 2020
Tables/Schedules
Schedule of Stock Options Roll Forward	Number Outstanding Weighted-Average Exercise Price Per Share Weighted-Average Remaining Life (Years) Approximate Aggregate Intrinsic Value Outstanding and Exercisable at December 31, 2019 120,000 $0.40 0.6 0 Granted 180,000 $0.40 5.0 Canceled (120,000) $0.40 - Outstanding and Exercisable at June 30, 2020 180,000 $0.40 4.7 0

Note 5 - Revenue_ Revenue from

Note 5 - Revenue: Revenue from External Customers by Products and Services (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Tables/Schedules
Revenue from External Customers by Products and Services	2020 Sales 2020 % of Total Sales 2019 Sales 2019 % of Total Sales Domestic customer A $ 28,384 12% $ 40,362 10% Domestic customer B $ 27,802 11% $ 39,569 10% Domestic customer C $ 24,473 10% $ 37,725 10%	2020 Sales 2020 % of Total Sales 2019 Sales 2019 % of Total Sales Domestic customer A 57,702 11% 122,503 16% Domestic customer B - - 79,950 10%

Note 6 - Leases_ Schedule of di

Note 6 - Leases: Schedule of distribution of lease expense (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Tables/Schedules
Schedule of distribution of lease expense	For the three-month period ending June 30, 2020 2019 Cost of sales Operating expenses Total Cost of sales Operating expenses Total Base rent pursuant to lease agreement $ 2,998 $ 11,995 $ 14,993 $ 2,947 $ 11,788 $ 14,735 Variable lease costs 385 1,540 1,925 378 1,514 1,892 Total lease costs $ 3,383 $ 13,535 $ 16,918 $ 3,325 $ 13,302 $ 16,627	For the six-month period ending June 30, 2020 2019 Cost of sales Operating expenses Total Cost of sales Operating expenses Total Base rent pursuant to lease agreement $ 5,996 $ 23,990 $ 29,986 $ 5,894 $ 23,576 $ 29,470 Variable lease costs 770 3,080 3,850 756 3,028 3,784 Total lease costs $ 6,766 $ 20,070 $ 33,836 $ 6,650 $ 26,604 $ 33,254

Note 6 - Leases_ Future Less Pa

Note 6 - Leases: Future Less Payments (Tables)	6 Months Ended
	Jun. 30, 2020
Tables/Schedules
Future Less Payments	From July 1, 2020 to October 1, 2020 $ 14,994 Less imputed interest (1,780) Net lease liability 13,214 Current portion 13,214 Long-term portion $ -

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details)	6 Months Ended
	Jun. 30, 2020
Details
Accounting Standards Update and Change in Accounting Principle	In August 2018, the FASB issued ASU No. 2018-13 Fair Value Measurement (Topic 820):  Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement.  The update removes, modifies and makes additions to the disclosure requirements on fair value measurements.  The update is effective for fiscal years beginning after December 15, 2019, with early adoption permitted.  The adoption of this update on January 1, 2020 had no impact on the financial statements.

Note 2 - Inventories_ Schedul_2

Note 2 - Inventories: Schedule of Inventory, Current (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Details
Inventory, Parts and Components, Net of Reserves	$ 117,383	$ 116,843
Inventory, Work in Process, Gross	398,357	379,987
Inventory, Finished Goods, Gross	287,788	325,989
Inventories	$ 803,528	$ 822,819

Note 4 - Stock Options_ Sched_2

Note 4 - Stock Options: Schedule of Stock Options Roll Forward (Details)	Jun. 30, 2020USD ($)$ / sharesshares	Jun. 30, 2020USD ($)$ / sharesshares	Dec. 31, 2019$ / sharesshares
Details
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | shares	180,000	180,000	120,000
Weighted Average Exercise Price | $ / shares	$ 0.40	$ 0.40	$ 0.40
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures | shares		180,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares		$ 0.40
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period | shares		(120,000)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Expirations in Period, Weighted Average Exercise Price | $ / shares		$ 0.40
Weighted Average Remaining Life Years	4.7
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $	$ 0	$ 0

Note 5 - Revenue (Details)

Note 5 - Revenue (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Segment Reporting Information, Description of Products and Services			The Company derives revenues from the sales of industrial wireless products and accessories such as antennas, power supplies and cable assemblies. The Company also provides direct site support and engineering services to customers, such as repair and upgrade of its products. The Company’s customers, to which trade credit terms are extended, consist of United States and local governments and foreign and domestic companies.
Sales, net	$ 245,497	$ 395,262	$ 519,464	$ 769,428
Sales order backlog	4,118		4,118		$ 3,307
Domestic sales
Product Sales	211,164	309,479	432,139	596,894
Site Support Sales	1,100	28,200	22,100	32,977
Sales, net	244,397	337,679	454,239	629,871
Foreign sales
Product Sales	33,233	57,583	65,225	139,557
Site Support Sales	0	0	0	0
Sales, net	33,233	57,583	65,225	139,557
Total sales
Product Sales	244,397	367,062	497,364	736,451
Site Support Sales	1,100	28,200	22,100	32,977
Sales, net	$ 245,497	$ 395,292	$ 519,464	$ 769,428

Note 5 - Revenue_ Revenue fro_2

Note 5 - Revenue: Revenue from External Customers by Products and Services (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Details
Customer A	$ 28,384	$ 40,362	$ 57,702	$ 122,503
Customer A	12.00%	10.00%	11.00%	16.00%
Customer B	$ 27,802	$ 39,569		$ 79,950
Customer B	11.00%	10.00%		10.00%
Customer C	$ 24,473	$ 37,725
Customer C	10.00%	10.00%

Note 6 - Leases (Details)

Note 6 - Leases (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Details
Description of operating lease			The Company leases its facilities from a port authority for $5,639 per month for three years, expiring in September 2020, with annual increases based upon the Consumer Price Index.
Operating lease expense distributed	$ 16,918	$ 16,627	$ 33,836	$ 33,254

Note 6 - Leases_ Schedule of _2

Note 6 - Leases: Schedule of distribution of lease expense (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Operating lease expense distributied	$ 16,918	$ 16,627	$ 33,836	$ 33,254
Cost of sales
Base rent pursuant to lease agreement	2,998	2,947	5,996	5,894
Variable lease costs	385	378	770	756
Operating lease expense distributied	3,383	3,325	6,766	6,650
Operating expenses
Base rent pursuant to lease agreement	11,995	11,788	23,990	23,576
Variable lease costs	1,540	1,514	3,080	3,028
Operating lease expense distributied	13,535	13,302	20,070	26,604
Total
Base rent pursuant to lease agreement	14,993	14,735	29,986	29,470
Variable lease costs	1,925	1,892	3,850	3,784
Operating lease expense distributied	$ 16,918	$ 16,627	$ 33,836	$ 33,254

Note 6 - Leases_ Future Less _2

Note 6 - Leases: Future Less Payments (Details) - USD ($)		Oct. 01, 2020		Jun. 30, 2020	Dec. 31, 2019
Details
Operating Leases, Future Minimum Payments Due, Next Twelve Months		$ 14,994
Less imputed interest		(1,780)
Right to use - Lease, net of amortization		13,214		$ 13,214	$ 39,641
Lease liability, current portion		13,214	[1]	$ 13,214	$ 39,641
Lease liability, long-term portion payable	[1]	$ 0
[1]	BS1

Note 7 - Stock Repurchase (Deta

Note 7 - Stock Repurchase (Details) - USD ($)	3 Months Ended	6 Months Ended		54 Months Ended
	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jan. 13, 2016
Details
Stock repurchase program		On January 13, 2016, the Company’s Board of Directors approved a resolution authorizing the repurchase of up to $100,000 of the Company’s Common Stock at the price of $0.38 per share. The Company’s share repurchase program does not obligate it to acquire any specific number of shares.
Stock Repurchased During Period, Shares		0	39,246	212,165
Stock Repurchased During Period, Value	$ 14,920		$ 14,920	$ 80,622
Common stock repurchased		0	39,246	212,165
Original Share Repurchase Authorized, Amount Remaining		$ 169,378		$ 169,378
Original Share Repurchase Authorized					$ 250,000

Debt Disclosure (Details)

Debt Disclosure (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Details
CARES Act loan payable (NOTE 8)	$ 171,712		$ 171,712		$ 0
Proceeds from government grant related to Cares Act	$ 9,000	$ 0	$ 9,000	$ 0