Nano Magic (NMGX) 10-K 30 Mar 22 2021 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 28, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	1-11602
Entity Registrant Name	Nano Magic Holdings Inc.
Entity Central Index Key	0000891417
Entity Tax Identification Number	47-1598792
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	31601 Research Park Drive
Entity Address, City or Town	Madison Heights
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48071
City Area Code	(844)
Local Phone Number	273-6462
Title of 12(b) Security	Common Stock, $0.0001 par value
Trading Symbol	NMGX
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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 Public Float			$ 1,125,970
Entity Common Stock, Shares Outstanding		10,077,681
Documents Incorporated by Reference [Text Block]	No documents are incorporated by reference into this annual report on Form 10-K
ICFR Auditor Attestation Flag	false
Auditor Firm ID	1195
Auditor Name	UHY LLP
Auditor Location	Sterling Heights, Michigan

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
CURRENT ASSETS:
Cash	$ 242,474	$ 288,134
Investments	10,716	10,473
Accounts receivable, net	312,344	1,230,154
Accounts receivable – related party		4,915
Inventory	1,379,005	841,694
Prepaid expenses and contract assets	212,127	278,461
Total Current Assets	2,156,666	2,653,831
Operating lease right-of-use assets	1,309,912	1,518,308
Property, plant and equipment, net	634,133	613,471
Other assets	5,890	5,890
Total Assets	4,106,601	4,791,500
CURRENT LIABILITIES:
Accounts payable	670,505	1,245,187
Accounts payable - related parties		12,000
Accrued expenses and other current liabilities	65,811	242,644
Customer deposits	3,663
Current portion of debt	87,567	139,641
Advances from related parties	113,952	145,387
Current portion of lease liabilities	166,279	144,838
Contract liabilities	45,762	90,562
Total Current Liabilities	1,153,539	2,020,259
Notes payable, net of current portion	115,928	286,225
Lease liabilities, net of current portion	921,317	1,087,596
Total Liabilities	2,190,784	3,394,080
Commitments and Contingencies (See Note 13)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.0001 par value, 100,000 shares authorized; no shares issued and outstanding
Common stock: $0.0001 par value, 30,000,000 shares authorized; 9,702,680 and 8,459,995 issued and outstanding at December 31, 2021 and 2020, respectively	970	846
Additional paid-in capital	11,960,011	9,867,174
Accumulated deficit	(10,045,164)	(8,470,600)
Total Stockholders’ Equity	1,915,817	1,397,420
Total Liabilities and Stockholders’ Equity	$ 4,106,601	$ 4,791,500

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	100,000	100,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Stock, Par or Stated Value Per Share		$ 0.0001
Common Stock, Shares Authorized	30,000,000	30,000,000
Common Stock, Shares, Outstanding	9,702,680	8,459,995
Common stock, shares, issued	9,702,680

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
REVENUES:
Total Revenues	$ 5,039,613	$ 4,759,240
COST OF REVENUES:
Total Cost of Revenues	3,347,922	3,101,036
GROSS PROFIT	1,691,691	1,658,204
OTHER OPERATING INCOME	632,069	133,500
OPERATING EXPENSES:
Selling and marketing expenses	161,194	85,547
Salaries, wages and related benefits	2,330,435	1,020,186
Research and development	34,875	56,816
Professional fees	724,755	803,503
General and administrative expenses	838,446	618,298
Total Operating Expense	4,089,705	2,584,350
LOSS FROM OPERATIONS	(1,765,945)	(792,646)
OTHER INCOME (EXPENSE):
Loan forgiveness	210,205
Interest expense	(19,077)	(6,891)
Other income, net	253	18,482
Total Other Income	191,381	11,591
NET LOSS	$ (1,574,564)	$ (781,055)
NET LOSS PER COMMON SHARE:
Basic	$ (0.17)	$ (0.10)
Diluted	$ (0.17)	$ (0.10)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic	9,475,560	7,558,078
Diluted	9,475,560	7,558,078
Product [Member]
REVENUES:
Total Revenues	$ 4,663,508	$ 4,075,818
COST OF REVENUES:
Total Cost of Revenues	2,798,698	2,514,119
Service [Member]
REVENUES:
Total Revenues	376,105	683,422
COST OF REVENUES:
Total Cost of Revenues	$ 549,224	$ 586,917

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($)	Common Class A [Member]Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2019	$ 622	$ 7,242,067	$ (7,689,545)	$ (446,856)
Balance, Shares at Dec. 31, 2019	6,222,881
Common stock issued for cash, net of issuance costs	$ 222	2,028,684		2,028,906
Common stock issued for cash, net of issuance costs, shares	2,216,066
Common stock issued for services	$ 2	11,998		12,000
Common stock issued for services, shares	21,048
Stock based compensation		186,612		186,612
Warrants, options, and warrant options on private placement		86,095		86,095
Warrants issued in connection with new lease		311,718		311,718
Net loss			(781,055)	(781,055)
Balance at Dec. 31, 2020	$ 846	9,867,174	(8,470,600)	1,397,420
Balance, Shares at Dec. 31, 2020	8,459,995
Common stock issued for cash, net of issuance costs	$ 115	1,442,962		1,443,077
Common stock issued for cash, net of issuance costs, shares	1,154,462
Common stock issued for services	$ 9	74,991		75,000
Common stock issued for services, shares	88,223
Stock based compensation		517,161		517,161
Warrants, options, and warrant options on private placement		57,723		57,723
Net loss			(1,574,564)	(1,574,564)
Balance at Dec. 31, 2021	$ 970	$ 11,960,011	$ (10,045,164)	$ 1,915,817
Balance, Shares at Dec. 31, 2021	9,702,680

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (1,574,564)	$ (781,055)
Adjustments to reconcile net loss to net cash provided by operating activities:
Change in inventory obsolescence reserve	(48,924)	(462,406)
Depreciation and amortization expense	106,351	38,609
Gain on sale of property and equipment, net		(450)
Gain on forgiveness of loan	(210,205)
Bad debt (recovery) expense	(18,247)	53,790
Stock-based compensation	592,161	198,612
Change in operating assets and liabilities:
Accounts receivable	936,057	(1,137,569)
Accounts receivable - related party	4,915
Inventory	(488,387)	43,334
Prepaid expenses and contract assets	66,334	(244,300)
Accounts payable and accrued expenses	(747,853)	495,281
Accounts payable - related party	(12,000)	(6,613)
Operating lease liabilities	62,106	(126,716)
Contract liabilities	(44,800)	(71,561)
NET CASH USED BY OPERATING ACTIVITIES	(1,377,056)	(2,001,044)
CASH FLOWS FROM INVESTING ACTIVITIES
Net activity on certificate of deposit	(244)	(237)
Purchases of property and equipment	(127,013)	(143,456)
NET CASH USED BY INVESTING ACTIVITIES	(127,257)	(143,693)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of bank loans	(44,493)	(27,524)
Proceeds from bank loans	79,306	132,593
Proceeds from sale of common stock and warrants	1,500,800	2,115,001
Repayment of advances from related parties	(31,435)
Repayment of finance leases	(41,525)
Repayment of debt	(4,000)	(4,000)
NET CASH PROVIDED BY FINANCING ACTIVITIES	1,458,653	2,216,070
NET INCREASE (DECREASE) IN CASH	(45,660)	71,333
CASH, beginning of year	288,134	216,801
CASH, end of period	242,474	288,134
Cash paid during the period for interest
Equipment acquired on finance leases		159,934
Warrants issued to lessor		$ 311,718

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION Organization Nano Magic Holdings Inc. (“we”, “us”, “our”, “Nano Magic” or the “Company”), a Delaware corporation, develops and sells a portfolio of nano-layer coatings, nano-based cleaners, and nano-composite products based on its proprietary technology, and performs nanotechnology product research and development generating revenues through performing contract services. On March 3, 2020, we changed our name from PEN Inc. to Nano Magic Inc. and on March 2, 2021 we changed our name to Nano Magic Holdings Inc. Through the Company’s wholly-owned subsidiary, Nano Magic LLC, formerly known as PEN Brands LLC, we develop, manufacture and sell consumer and institutional products using nanotechnology to deliver unique performance attributes at the surfaces of a wide variety of substrates. These products are marketed internationally primarily to customers in the optical industry. On March 31, 2020, PEN Brands LLC changed its name to Nano Magic LLC. Through the Company’s wholly-owned subsidiary, Applied Nanotech, Inc., we primarily perform contract research services for the Company and for governmental and private customers. Basis of Presentation and Principles of Consolidation The Company’s consolidated financial statements include the financial statements of its wholly-owned subsidiaries, Applied Nanotech, Inc. and Nano Magic LLC. All significant intercompany accounts and transactions have been eliminated in consolidation. Going Concern These consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the consolidated financial statements, the Company had losses from operations and net cash used by operations of $ 1,765,945 and $ 1,377,056 , respectively, for the year ended December 31, 2021. As indicated in the accompanying financial statements, the Company had positive working capital of $ 1,003,127 including $ 242,474 of cash at December 31, 2021. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that these consolidated financial statements are issued. Management cannot provide assurance that the Company will ultimately achieve profitable operations, become cash flow positive or raise additional capital. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. They do not include any adjustments related to the recoverability and/or classification of the recorded asset amounts and/or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“US 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 consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates for the years ended December 31, 2021 and 2020 include estimates for allowance for doubtful accounts on accounts receivable, the estimates for obsolete inventory, the useful life of property and equipment, assumptions used in assessing impairment of long-term assets, estimates of current and deferred income taxes and deferred tax valuation allowances, the fair value of non-cash equity transactions, and the fair value of equity incentives. Cash, Cash Equivalents and Restricted Cash For purposes of the consolidated statements of cash flows, the Company considers all highly liquid instruments with a maturity of three months or less at the purchase date and money market accounts to be cash equivalents. Investments Investments consist of long-term certificates of deposit. The certificate of deposit held at December 31, 2020 was renewed in 2021. It matures in May 2024 2.29 Accounts Receivable The Company recognizes an allowance for losses on accounts receivable in an amount equal to the estimated probable losses net of recoveries. The allowance is based on an analysis of historical bad debt experience, current receivables aging, and expected future write-offs, as well as an assessment of specific identifiable customer accounts considered at risk or uncollectible. The expense associated with the allowance for doubtful accounts is recognized as general and administrative expense. Inventory Inventory is stated at the lower of cost or net realizable value. Cost is determined using the average cost method based on prices paid for inventory items. This valuation requires us to make judgments, based on currently available information, about the likely method of disposition, such as sales to individual customers and expected recoverable values. Property and Equipment Property and equipment are stated at cost and are depreciated using the straight-line method over their estimated useful lives, which range from three to ten years. Leasehold improvements are depreciated over the shorter of the useful life or lease term including scheduled renewal terms. Maintenance and repairs are charged to expense as incurred. When assets are retired or disposed of, the cost and accumulated depreciation are removed from the accounts, and any resulting gains or losses are included in other income or expense in the year of disposition. The Company examines the possibility of decreases in the value of these assets when events or changes in circumstances reflect the fact that their recorded value may not be recoverable. Impairment of Long-Lived Assets In accordance with ASC Topic 360, the Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable, or at least annually. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amount of the asset. The amount of impairment is measured as the difference between the asset’s estimated fair value and its book value. The Company did not record any impairment charge for the year ended December 31, 2021 and 2020. Leases Operating leases are reflected on our balance sheet within operating lease Right-of-use ( ROU) assets and the related current and non-current operating lease liabilities. ROU assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from lease agreement. Operating lease ROU assets and liabilities are recognized at the commencement date, the date on which the lessor began making the underlying asset customizable for our use, based upon the present value of the lease payments over the respective lease term. Lease expense is recognized on a straight-line basis over the lease term, subject to any changes in the lease or expectation regarding the terms. Variable lease costs such as common area maintenance, property taxes and insurance are expensed as incurred. Lease Term The Company calculates the term for each lease agreement to include the noncancelable period specified in the agreement together with (1) the periods covered by options to extend the lease if the Company is reasonably certain to exercise that option, (2) periods covered by an option to terminate if the Company is reasonably certain not to exercise that option and (3) period covered by an option to extend (or not terminate) if controlled by the lessor. The assessment of whether the Company is reasonably certain to exercise an option to extend a lease requires significant judgement surrounding contract-based factors, asset-based factors, entity-based factors and market-based factors. Lease Payments Lease payments consist of fixed payments, less any lease incentives paid or payable to the lessee related to the use of the underlying asset during the lease term. Incremental Borrowing Rate The ROU asset and related lease liabilities recorded based on the present value of the lease payments using (1) the rate implicit in the lease or (2) the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. Revenue Recognition We adopted ASC Topic 606, Revenue from Contracts with Customers Identification of the contract, or contracts, with a customer A contract with a customer exists when (i) we enter into an enforceable contract with a customer that defines each party’s rights regarding the goods or services to be transferred and identifies the payment terms related to these goods or services, (ii) the contract has commercial substance and, (iii) we determine that collection of substantially all consideration for goods or services that are transferred is probable based on the customer’s intent and ability to pay the promised consideration. We apply judgment in determining the customer’s ability and intention to pay, which is based on a variety of factors including the customer’s historical payment experience or, in the case of a new customer, published credit and financial information pertaining to the customer. Identification of the performance obligations in the contract Performance obligations promised in a contract are identified based on the goods or services that will be transferred to the customer that are both capable of being distinct, whereby the customer can benefit from the goods or service either on its own or together with other resources that are readily available from third parties or from us, and are distinct in the context of the contract, whereby the transfer of the goods or services is separately identifiable from other promises in the contract. When a contract includes multiple promised goods or services, we apply judgment to determine whether the promised goods or services are capable of being distinct and are distinct within the context of the contract. If these criteria are not met, the promised goods or services are accounted for as a combined performance obligation. Determination of the transaction price The transaction price is determined based on the consideration to which we will be entitled to receive in exchange for transferring goods or services to our customer. We estimate any variable consideration included in the transaction price using the expected value method that requires the use of significant estimates for discounts, cancellation periods, refunds and returns. Variable consideration is described in detail below. Allocation of the transaction price to the performance obligations in the contract If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price to each performance obligation based on a relative Stand-Alone Selling Price (“SSP,”) basis. We determine SSP based on the price at which the performance obligation would be sold separately. If the SSP is not observable, we estimate the SSP based on available information, including market conditions and any applicable internally approved pricing guidelines. Recognition of revenue when, or as, we satisfy a performance obligation We recognize contract revenue over time and product revenue at a point in time, when the related performance obligation is satisfied by transferring the promised goods or services to our customer. Contract revenue is recognized based on a cost-to-cost input method. Disaggregation of Revenue For the years ended December 31, 2021 and 2020, total sales in the United States represent approximately 78 87 13 10 Principal versus Agent Considerations When another party is involved in providing goods or services to our customer, we apply the principal versus agent guidance in ASC Topic 606 to determine if we are the principal or an agent to the transaction. When we control the specified goods or services before they are transferred to our customer, we report revenue gross, as principal. If we do not control the goods or services before they are transferred to our customer, revenue is reported net of the fees paid to the other party, as agent. Our evaluation to determine if we control the goods or services within ASC Topic 606 includes the following indicators: We are primarily responsible for fulfilling the promise to provide the specified good or service. When we are primarily responsible for providing the goods and services, such as when the other party is acting on our behalf, we have indication that we are the principal to the transaction. We consider if we may terminate our relationship with the other party at any time without penalty or without permission from our customer. We have inventory risk before the specified good or service has been transferred to a customer or after transfer of control to the customer. We may commit to obtaining the services of another party with or without an existing contract with our customer. In these situations, we have risk of loss as principal for any amount due to the other party regardless of the amount(s) we earn as revenue from our customer. The entity has discretion in establishing the price for the specified good or service. We have discretion in establishing the price our customer pays for the specified goods or services. Contract Assets We capitalize costs and estimated earnings in excess of billings as a contract asset in current assets. There were no 88,694 Contract Liabilities Contract liabilities consist of customer advance payments and billings in excess of revenue recognized. We may receive payments from our customers in advance of completing our performance obligations. We record contract liabilities equal to the amount of payments received in excess of revenue recognized, Contract liabilities are recorded under the caption “contract liabilities” and are reported as current liabilities on our consolidated financial statements when the time to fulfill the performance obligations under terms of our contracts is less than one year. At December 31, 2021 and 2020, contract liabilities totaled $ 45,762 90,562 Cost of Sales Cost of sales includes inventory costs, materials and supplies costs, internal labor and related benefits, subcontractor costs, depreciation, overhead and shipping and handling costs incurred. Shipping and Handling Costs Shipping and handling costs incurred relating to the purchase of inventory are included in inventory which is charged to cost of sales as products are sold. Shipping and handling costs incurred for product shipped to customers are included in cost of sales. For the years ended December 31, 2021 and 2020 shipping and handling costs amounted to $ 187,154 132,458 Research and Development Research and development costs incurred in the development of the Company’s products and under other Company sponsored research and development projects are expensed as incurred. Costs such as direct labor, direct costs, and other allocated costs incurred to perform research and development service pursuant to government and private research projects are in included in cost of sales. Research and development costs incurred in the development of the Company’s products for the years ended December 31, 2021 and 2020 were $ 34,875 56,816 Advertising Costs The Company participates in various advertising programs. All costs related to advertising of the Company’s products are expensed in the period incurred. Advertising costs charged to operations for the years ended December 31, 2021 and 2020 were $ 40,459 23,345 Federal and State Income Taxes The Company accounts for income tax using the liability method prescribed by ASC 740, “Income Taxes”. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date. The Company follows the accounting guidance for uncertainty in income taxes using the provisions of ASC 740 “Income Taxes Stock-Based Compensation Stock-based compensation is accounted for based on the requirements of the Share-Based Payment Topic of ASC 718 which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). The ASC also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. The Company adopted ASU No. 2017-09 in 2018; its adoption did not have a material impact on its consolidated financial statements. Pursuant to ASC Topic 505-50, for share-based payments to consultants and other third-parties, compensation expense is determined at the “measurement date.” The expense is recognized over the service period of the award. Until the measurement date is reached, the total amount of compensation expense remains uncertain. The Company initially records compensation expense based on the fair value of the award at the reporting date. Earnings (Loss) Per Share of Common Stock ASC 260 “Earnings Per Share”, requires dual presentation of basic and diluted earnings per share (“EPS”) with a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. Basic EPS excludes dilution. Diluted EPS reflects the potential dilution that could occur 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 entity. Basic net loss per common share is computed by dividing net loss available to common shareholders by the weighted average number of shares of common shares outstanding during the period. Diluted net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period. Additionally, potentially dilutive common shares consist of common stock options and warrants (using the treasury stock method). These common stock equivalents may be dilutive in the future . SCHEDULE OF ANTI-DILUTIVE PER SHARE INFORMATION December 31, December 31, Stock options 3,123,702 502,892 Stock warrants 6,597,178 5,443,440 Total 9,720,880 5,946,332 Net income (loss) per share for each class of common stock is as follows: SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET INCOME LOSS Net income (loss) per common shares outstanding: Year Ended Year Ended Common stock $ (0.17 ) $ (0.10 ) Weighted average shares outstanding: Total weighted average common shares outstanding 9,475,560 7,558,078 Segment Reporting The Company uses “the management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. The Company’s chief operating decision maker is the President of the Company, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. The Company classified the reportable operating segments into (i) the development, manufacture and sale of consumer and institutional products using nanotechnology to deliver unique performance attributes (the “Product segment”) and (ii) nanotechnology design and development services for our future products and for government and private entities (the “Contract services segment”). Recently Adopted Accounting Pronouncements Financial Instruments — Credit Losses (Topic 326) In June 2016, the FASB issued ASU 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Measurement of expected credit losses is to be based on relevant forecasts that affect collectability. The scope of financial assets within the CECL methodology is broad and includes trade receivables from certain revenue transactions and certain off-balance sheet credit exposures. Different components of the guidance require modified retrospective or prospective adoption. ASU 2016-13 is effective for the annual reporting period beginning on or after December 15, 2020. The Company adopted this standard January 1, 2020 and there was no material impact. The Company does not believe there are any other recently issued and effective, or not yet effective pronouncements that would have or are expected to have any significant effect on the Company’s financial position, results of operations or cash flows. There have been no changes to our significant accounting policies described in Note 2 to our Annual Report on Form 10-K for the year ended December 31, 2021, that have had a material impact on our Consolidated Financial Statements and related notes. Reclassifications Certain accounts and financial statement captions in the prior periods have been reclassified to conform to the current period financial statements. None of the reclassifications had any impact on the net loss reported in 2020.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
ACCOUNTS RECEIVABLE	NOTE 3 – ACCOUNTS RECEIVABLE At December 31, 2021 and 2020, accounts receivable consisted of the following: SCHEDULE OF ACCOUNTS RECEIVABLE December 31, December 31, Accounts receivable $ 354,670 $ 1,291,742 Less: allowance for doubtful accounts (42,326 ) (61,588 ) Accounts receivable, net $ 312,344 $ 1,230,154 Bad debt expense (recoveries) was ($ 18,251 ) and $ 53,790 for the years ended December 31, 2021 and 2020, respectively.

INVENTORY

INVENTORY	12 Months Ended
	Dec. 31, 2021
Inventory Disclosure [Abstract]
INVENTORY	NOTE 4 – INVENTORY At December 31, 2021 and 2020, inventory consisted of the following: SCHEDULE OF INVENTORY December 31, December 31, Raw materials $ 673,518 $ 632,055 Work in progress 314,461 176,392 Finished goods 456,768 147,913 Total 1,444,747 956,360 Less: reserve for obsolescence (65,742 ) (114,666 ) Inventory, net $ 1,379,005 $ 841,694

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 5 - PROPERTY AND EQUIPMENT At December 31, 2021 and 2020, property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT Useful Life December 31, December 31, Machinery and equipment 5 10 $ 2,770,413 $ 2,718,877 Furniture and office equipment 3 7 534,134 492,400 Leasehold improvements 2 15 140,678 106,935 3,445,225 3,318,212 Less: accumulated depreciation (2,811,092 ) (2,704,741 ) Property and equipment, net $ 634,133 $ 613,471 For the years ended December 31, 2021 and 2020, depreciation and amortization expense amounted to $ 106,351 38,609 During the year ended December 31, 2020 there were sales of equipment totaling $ 450

LEASES

LEASES	12 Months Ended
	Dec. 31, 2021
Leases
LEASES	NOTE 6 – LEASES Operating Leases The Company’s leased assets include offices, production and research and development facilities. Our current lease portfolio has remaining terms from less than three years up to seven years. Many of these leases contain options under which we can extend the term for several years. Renewal options are excluded from our calculation of lease liabilities unless we are reasonably assured to exercise the renewal option. Our lease agreements do not contain residual value guarantees or material restrictive covenants. On September 20, 2017, the Company entered into a three-year lease agreement for 22,172 beginning September 20, 2017 ended September 20, 2020 8,688 On December 10, 2018, we entered into a five-year lease agreement for 3,742 beginning January 2019 and ending February 29, 2024 3,472 3 On June 21, 2019, we leased approximately 1,200 1,529 Effective May 31, 2020, we entered into a lease with a related party for a 29,220 square foot building in Madison Heights, Michigan. The occupancy and rent commencement date was October 1, 2020. The lease has an initial term of seven years with a renewal option at the end of the initial term for an additional 3-year term, and a second renewal option thereafter for an additional 5-year term. The renewal term is not included in the calculation of the operating lease liability. As the sole tenant, we are responsible for all taxes, ordinary maintenance, snow removal and other ordinary operating expenses. Rent is $6.50 per square foot, increasing by $0.25 per year. During the first three years we also have the right to buy up to a 49% interest in Magic Research LLC for a price equal to 49% of the contributions received from other members . See Note 11, Stockholders’ Equity, for a description of warrants issued to the owners of Magic Research LLC in connection with this lease. The fair value of these warrants totaling $ 311,718 were recorded as initial direct costs of obtaining the lease and are included in other assets on the accompanying balance sheet. See Note 10, Related Party Transactions, for information about roles in management and economic participation by our CEO and several other directors in the landlord. For operating leases, we calculated ROU assets and lease liabilities based on the present value of the remaining lease payments as of the date of adoption using the IBR as of that date. Schedule Of Remaining Lease Payments December 31, 2021 December 31, 2020 Operating lease liabilities $ 1,087,596 $ 1,309,912 Right-of-use assets $ 1,309,912 $ 1,518,308 Operating lease cost for the years ended December 31, 2021 and 2020 was $ 260,308 219,305 56,088 54,990 48,890 12,524 Finance Leases On August 11, 2020, we entered into a finance lease for furniture used in the Michigan facility. We financed $ 60,684 over a period of 36 months and are required to make monthly payments of $ 1,972 during that time. As of December 31, 2021 the balance due was $ 34,387 with $ 21,052 in current liabilities and $ 13,335 in long term liabilities. On September 24, 2020, we entered into a finance lease with Raymond Leasing Corporation for a forklift. We financed $ 14,250 . The lease term is 36 months with monthly payments of $ 425 . As of December 31, 2021 the balance due was $ 8,166 4,822 3,344 In December 2020, we entered into a finance lease for production equipment. We financed $ 85,000 over a period of 48 months and are required to make monthly payments of $ 2,135 during that time. As of December 31, 2021 the balance due was $ 64,380 20,016 44,364 For finance leases, we calculate ROU assets and lease liabilities based on the present value of the remaining lease payments as of the date of lease commencement. The ROU assets for finance leases are depreciated in accordance with the Company’s depreciation policies for those asset groupings. Finance lease liabilities recorded in lease liabilities was $ 106,935 at December 31, 2021 and totaled $ 150,738 at December 31, 2020. Finance lease interest expense was $ 12,346 2,844 for the years ended December 31, 2021 and 2020, respectively. Maturities Future minimum lease payments under leases that had initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2021, are as follows: SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Operating Leases Finance Leases 2022 $ 247,906 $ 54,394 2023 256,688 42,830 2024 220,428 25,620 2025 220,989 - 2026 228,297 - Thereafter - Less: impact of discounting ) (15,911 ) Present value of lease liabilities 1,087,596 106,933

BANK LOANS AND LINES OF REVOLVI

BANK LOANS AND LINES OF REVOLVING CREDIT FACILITY	12 Months Ended
	Dec. 31, 2021
Bank Loans And Lines Of Revolving Credit Facility
BANK LOANS AND LINES OF REVOLVING CREDIT FACILITY	NOTE 7 – BANK LOANS AND LINES OF REVOLVING CREDIT FACILITY On May 8, 2020, Nano Magic LLC obtained a loan from Fifth Third Bank for $ 130,900 under the Small Business Administration Paycheck Protection Program. The loan had interest at 1.00 % and was payable in monthly installments of principal and interest in the amount of $ 7,330 . On August 6, 2021 we completed the loan forgiveness application with Fifth Third Bank for the Paycheck Protection Plan loan we received through that bank. On November 9, 2021 we were notified by Fifth Third Bank that the Small Business Administration had reviewed our loan forgiveness application filed earlier and that the entire amount of the loan to Nano Magic LLC was forgiven. The amount forgiven is included in other income on the income statement. On February 1, 2021, our subsidiary Applied Nanotech obtained a loan from Amegy Bank of Texas for $ 79,305 under the Small Business Administration Paycheck Protection Program. On August 11, 2021 we were notified by Amegy Bank that the Small Business Administration had reviewed our loan forgiveness application filed earlier and that the entire amount of the loan to Applied Nanotech Inc. was forgiven. The amount forgiven is included in other income on the income statement.

ACCOUNTS RECEIVABLE FACTORING

ACCOUNTS RECEIVABLE FACTORING	12 Months Ended
	Dec. 31, 2021
Accounts Receivable Factoring
ACCOUNTS RECEIVABLE FACTORING	NOTE 8 – ACCOUNTS RECEIVABLE FACTORING On September 1, 2020, Nano Magic LLC entered an agreement with NOWaccount ® 11,337

NOTES PAYABLE

NOTES PAYABLE	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 9 – NOTES PAYABLE On February 10, 2015, Nano Magic LLC entered a $ 373,000 promissory note (the “Equipment Note”) with KeyBank, N.A. (the “Bank”). The unpaid principal balance of this Equipment Note is payable in 60 equal monthly instalments payments of principal and interest through September 10, 2020. The Equipment Note is secured by certain equipment, as defined in the Equipment Note, and bears interest computed at a rate of interest of 4.35 % per annum based on a year of 360 days. On June 18, 2019, Nano Magic LLC entered into an Amendment to the Equipment Note with the Bank. By the amendment, the maturity date of the note was extended until April 10, 2022 , the interest rate was raised to 6.29 % per year, and the monthly payments were reduced to $4,052 per month . At December 31, 2021 and 2020, the principal amount due under the Equipment Note, as amended by the Amendment, amounted to $ 41,677 and $ 86,098 , respectively. As of December 31, 2021, the full principal amount is current. At December 31, 2020, the current and non-current portions were $ 44,493 and $ 41,605 , respectively. In June and November 2015, in connection with a severance package offered to four employees, the Company entered into four promissory note agreements with the four employees in satisfaction of accrued and unpaid deferred salary. The principal amounts due under these notes bear interest at the minimum rate of interest applicable under the internal revenue code (approximately 3.0 37,458 In January 2017, the Company issued a promissory note in the principal amount of $ 17,425 due in January 2027 In October 20, 2020, we agreed to pay deferred salary of $ 6,000 Future payments of notes payable are as follows: SCHEDULE OF FUTURE PAYMENTS OF NOTES PAYABLE Year As of December 31, 2021 2022 $ 41,677 Thereafter 54,883 Total $ 96,560

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 10 – RELATED PARTY TRANSACTIONS Advances from related parties aggregating $ 113,952 92,887 as of December 31, 2021, and $ 145,383 as of December 31, 2020 due to the Rickerts for working capital advances made in 2018 and accrued payroll of $ 16,000 due to them due as of December 31, 2021 and December 31, 2020. We paid legal and consulting fees to director Mr. Ron Berman of $ 167,350 in 2021, and $ 212,700 in 2020. Mr. Ron Berman and Mr. Tom Berman are the managers of the limited liability company that is the manager of PEN Comeback, LLC, PEN Comeback 2, LLC, Magic Growth, LLP and Magic Growth 2 LLC. These four limited liability companies purchased shares of common stock and derivative securities from us in 2018, 2019, 2020, and 2021. See the subsection on Sales of Stock under Issuances of Common Stock in In addition, Mr. Tom Berman and Mr. Ron Berman are two of three individuals who share voting power of the sole manager of the limited liability company that is our landlord in Michigan. Together, Tom and Ron Berman hold, in the aggregate, a 5 The lease for the Michigan facility gives us the right, during the first three years of the lease, to buy up to a 49% interest in the landlord for a price equal to 49% of the contributions received from other members

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 11 - STOCKHOLDERS’ EQUITY Description of Preferred and Common Stock On July 2, 2020, we amended and restated our certification of incorporation to eliminate the Company’s Class B common stock and Class Z common stock and rename as “common stock” the Company’s Class A Common Stock. As part of the amendment, we increased the number of authorized shares of common stock from 7,200,000 30,000,000 0.0001 100,000 0.0001 Preferred Stock The preferred stock may be issued in one or more series. The Company’s board of directors are authorized to issue the shares of preferred stock in such series and to fix from time to time before issuance thereof the number of shares to be included in any such series and the designation, powers, preferences and relative, participating, optional or other rights, and the qualifications, limitations or restrictions thereof, of such series. Common Stock The rights of each share of common are the same with respect to dividends, distributions and rights upon liquidation. Holders of common stock each have one vote per share Issuances of Common Stock Common Stock Issued for Services and for Stock Appreciation Rights On February 12, 2020, we issued an aggregate of 21,048 0.57 12,000 Pursuant to the agreement entered into on October 20, 2020, with the holder of substantially all the outstanding stock appreciation rights, on March 2, 2021, we issued 5,000 1.00 On March 2, 2021, we issued an aggregate of 37,890 0.95 36,000 On December 15, 2021, we issued an aggregate of 45,333 0.75 34,000 Sales of Common Stock On January 22, 2020, we sold 198,530 0.65 129,044 198,516 198,516 1.50. four years 5,955 On February 24, 2020, we sold 205,883 0.65 133,824 205,868 198,516 1.50 four years 6,176 On March 24, 2020, in a private placement to PEN Comeback 2, we sold 551,600 242,518 0.65 516,177 794,110 794,110 1.50 four years 23,823 On March 26, 2020, in a private placement to the same investor we committed to issue 36,765 .65 23,897 36,758 36,780 1.50 four years 1,103 On July 13, 2020, Nano Magic Inc. sold to Magic Growth, LLC 388,462 485,578 388,450 19,422 four years 2.00 On August 12, 2020, Nano Magic Inc. sold to Magic Growth, LLC 461,538 576,923 461,525 23,079 four years 2.00 On September 14, 2020, Nano Magic Inc. sold to Magic Growth, LLC 130,770 163,463 130,750 6,537 four years 2.00 On February 16, 2021, the Company sold to Magic Growth 2 LLC, 769,231 shares of common stock for proceeds of $ 961,538 and warrants to purchase up to 769,225 shares of common stock for proceeds of $ 38,463 . The warrants are exercisable at any time during the four years after date of issue at a warrant exercise price of $ 2.00 per share. PEN Comeback Management, LLC, owned by Tom J. Berman and Ronald J. Berman, is the sole voting member of Magic Growth 2 LLC. On March 17, 2021, the Company sold to Magic Growth 2 LLC, 385,231 481,539 385,225 19,260 2.00 All of these sales of stock and warrants were sold in private placements exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended. Stock Options Stock options outstanding are to purchase common stock. Stock option activities for the years ended December 31, 2021 and 2020 are summarized as follows: SCHEDULE OF STOCK OPTION PLAN ACTIVITY Number of Options Weighted Weighted Aggregate Balance Outstanding, December 31, 2019 455,502 $ 1.24 $ - Exercised - - Forfeited or expired (52,610 ) 0.61 Granted 100,000 0.65 Balance Outstanding, December 31, 2020 502,892 $ 0.89 3.23 $ 220,000 Exercised - Forfeited or expired (116,690 ) 1.83 Granted 2,737,500 0.80 Balance Outstanding, December 31, 2021 3,123,702 $ 0.77 4.93 $ - Exercisable, December 31, 2021 867,624 $ 0.72 2.96 $ - Options Issued Outside of a Plan On April 3, 2019, we issued to our CEO and President, Tom Berman, options to purchase up to 550,000 0.55 100,000 450,000 On March 2, 2021, in connection with the three-year extension of the contract with our President and Chief Executive Officer, Mr. Tom Berman was granted an option to purchase up to 2,350,000 0.75 SCHEDULE OF STOCK OPTIONS VESTING The right to purchase: Consisting of: Is vested on: Tranche 1 150,000 June 30, 2021 Tranche 2 150,000 December 31, 2021 Tranche 3 150,000 June 30, 2022 Tranche 4 150,000 December 31, 2022 Tranche 5 150,000 June 30, 2023 Tranche 6 150,000 December 31, 2023 Tranche 7 Up to 150,000 If the aggregate sales bonus payable for 2021 exceeds $240,000 Tranche 8 Up to 150,000 If the aggregate sales bonus payable for 2022 exceeds $260,000 Tranche 9 Up to 150,000 If the aggregate sales bonus payable for 2023 exceeds $300,000 Tranche 10 Up to 1 If a profit bonus is payable under the employment contract and the Board determines to pay some or all of it with options, the number vested as determined by the Board On March 2, 2021, we granted an option to Ronald J. Berman as part of his consulting contract entered into on that day. Under the consulting agreement, Mr. Berman oversees sales and marketing for Nano Magic LLC and will work on special projects as requested by the President & CEO. His cash compensation is $ 10,000 100,000 0.75 The fair value of the options awarded outside of any plan was calculated using the Black-Scholes method. The assumptions used in the calculations are shown below. The expected term represents the period of time that the options are expected to be outstanding. SCHEDULE OF FAIR VALUE OF OPTION AWARD VALUATION ASSUMPTIONS 2021 2020 Exercise price per option $ 0.75 $ 0.55 0.65 Fair value per option at grant date $ 0.69 - 0.84 $ 0.49 0.55 Expected term 5 5 Expected volatility 130 335 % 141 161 % Expected dividend yield 0 % 0 % Risk-free interest rate 0.19 1.18 % 1.66 1.31 % Expense in period $ 474,839 $ 186,612 Unearned expense $ 631,785 $ 0 2015 Equity Incentive Plan On November 30, 2015, the Board of Directors authorized the 2015 Equity Incentive Plan. On January 31, 2020 we granted an option to purchase 100,000 shares to a senior member of the sales team with vesting tied directly to 2020 sales goals. On April 8, 2021, the Board terminated the 2015 Equity Incentive Plan. On January 31, 2020 an option grant of 100,000 2021 Equity Incentive Plan On March 2, 2021, our Board adopted the 2021 Nano Magic 2021 Equity Incentive Plan (the “Plan”) to allow equity compensation for those who provide services to the Company and to encourage ownership in the Company by personnel whose service to the Company is important to its continued progress, to encourage recipients to act as owners and thereby in the stockholders’ interest and to enable recipients to share in the Company’s success. Initially, 85,000 2,500 2,500 200,000 100,000 100,000 On August 10, 2021, we issued the option to purchase up to 100,000 The fair value of the options awarded to employees and service providers in March of 2021 under the 2021 Equity Plan were calculated using the Black-Scholes method and were tied to service conditions for purposes of vesting. The assumptions used in the calculations are shown below. The expected term represents the period of time that the options are expected to be outstanding. During the year ended December 31, 202 1, 43,385 42,320 23,301 SCHEDULE OF FAIR VALUE OF OPTION AWARD VALUATION ASSUMPTIONS Exercise price per option $ 0.75 Fair value per option at grant date $ 0.76 0.88 Expected term 5 Expected volatility 129 131 % Expected dividend yield 0 % Risk-free interest rate 0.33 0.93 % Warrants As described above, we issued warrants in connection with sales of our common stock. In addition, in connection with the lease for the facility in Michigan effective May 31, 2020, we issued the landlord warrants to purchase up to 410,000 1.50 311,718 As of December 31, 2021, there were outstanding and exercisable warrants to purchase 6,597,178 1.66 24.9 As of December 31, 2020, there were outstanding and exercisable warrants to purchase 5,443,440 1.59 34.1

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 12 – INCOME TAXES The Company maintains deferred tax assets and liabilities that reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The net deferred tax asset has been fully offset by a valuation allowance because of the uncertainty of the attainment of future taxable income. The items accounting for the difference between income taxes at the effective statutory rate and the provision for income taxes for the years ended December 31, 2021 and 2020 were as follows: SCHEDULE OF EFFECTIVE STATUTORY RATE OF INCOME TAXES 2021 2020 Years Ended December 31, 2021 2020 Income tax provision (benefit) at U.S. statutory rate of 21 $ 331,000 $ (164,000 ) Payroll Protection Program loan forgiveness 44,000 Change in valuation allowance (375,000 ) 164,000 Revaluation of deferred tax asset 441,000 76,000 Revaluation of valuation allowance (441,000 ) (76,000 ) Total provision for income tax $ - $ - The Company’s approximate net deferred tax assets as of December 31, 2021 and 2020 were as follows: SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS AND LIABILITIES December 31, December 31, December 31, December 31, Deferred Tax Assets: Net operating loss carryforward $ 3,355,000 $ 2,569,000 Stock-based compensation 66,000 1,000 Allowance for inventory obsolescence 14,000 24,000 Accrued compensation 1,000 6,000 Other 39,000 79,000 Total deferred tax assets 3,475,000 2,679,000 Valuation allowance (3,475,000 ) (2,679,000 ) Net deferred tax assets $ - The estimated net operating loss carryforward was approximately $ 3,355,000 The potential tax benefit arising from tax loss carryforwards prior to 2017 will expire between 2021 and 2038, while the potential tax benefits arising after 2017 currently have no expiration date. In accordance with Section 382 of the Internal Revenue Code, the usage of the Company’s net operating loss carry forwards are subject to annual limitations due to greater than 50 The Company’s 2018, 2019, 2020 and 2021 Corporate Income Tax Returns are subject to Internal Revenue Service examination.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 13 - COMMITMENTS AND CONTINGENCIES Litigation The Company may be, from time to time, subject to various administrative, regulatory, and other legal proceedings arising in the ordinary course of business. We are not currently a defendant in any proceedings. Our policy is to accrue costs for contingent liabilities, including legal proceedings or unasserted claims that may result in legal proceedings, when a liability is probable and the amount can be reasonably estimated. As of December 31, 2021, the Company has no

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
	Dec. 31, 2021
Risks and Uncertainties [Abstract]
CONCENTRATIONS	NOTE 14 – CONCENTRATIONS Concentrations of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of trade accounts receivable and cash deposits and investments in cash equivalent instruments. Customer Concentrations Customer concentrations for the years ended December 31, 2021 and 2020 are as follows: SCHEDULE OF CONCENTRATION RISK, CUSTOMER Product Revenues For the Years Ended 2021 2020 Customer A 16 % * - % Customer B 13 % 11 % Customer C 12 % * - % Customer D 11 % * - % Customer E * - % 10 % Total 52 % 21 % Contract Services Revenues For the Years Ended 2021 2020 Customer F 60 % 26 % Customer G 40 % * - % Customer H * - % 47 % Customer I * - % 19 % Total 100 % 92 % * Less than 10% These customers did not have material accounts receivable balances at December 31, 2021 and 2020. A reduction in sales from or loss of such customers would have a material adverse effect on our results of operations and financial condition. Geographic Concentrations of Sales For the years ended December 31, 2021 and 2020, total sales in the United States represent approximately 78% and 87% of total consolidated revenues, respectively. Germany accounted for 13% and 10% of total sales during the years ended December 31, 2021 and 2020, respectively. Vendor Concentrations Vendor concentrations for inventory purchases for the years ended December 31, 2021 and 2020 are: SCHEDULE OF CONCENTRATION RISK, CUSTOMER For the Years Ended 2021 2020 Vendor A 41 % 48 % Total 41 % 48 % The vendor above is used for chemical purchases for the production of lens care and anti-fog products.

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 15 – SEGMENT REPORTING The Company’s principal operating segments coincide with the types of products to be sold. The products from which revenues are derived are consistent with the reporting structure of the Company’s internal organization. The Company’s two reportable segments for the years ended December 31, 2021 and 2020 were the Product segment and the Contract services segment (formerly the research and development segment). The Company’s chief operating decision-maker has been identified as the President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Segment information is presented based upon the Company’s management organization structure as of December 31, 2021 and the distinctive nature of each segment. Future changes to this internal financial structure may result in changes to the reportable segments disclosed. There are no inter-segment revenue transactions and, therefore, revenues are only to external customers. As the Company primarily generates its revenues from customers in the United States, no geographical segments are presented. Segment operating profit is determined based upon internal performance measures used by the chief operating decision-maker. The Company derives the segment results from its internal management reporting system. The accounting policies the Company uses to derive reportable segment results are the same as those used for external reporting purposes. Management measures the performance of each reportable segment based upon several metrics, including net revenues, gross profit and operating loss. Management uses these results to evaluate the performance of, and to assign resources to, each of the reportable segments. The Company manages certain operating expenses separately at the corporate level and does not allocate such expenses to the segments. Segment income from operations excludes interest income/expense and other income or expenses and income taxes according to how a particular reportable segment’s management is measured. Management does not consider impairment charges, and unallocated costs in measuring the performance of the reportable segments. Segment information available with respect to these reportable business segments for the years ended December 31, 2021 and 2020 was as follows: SCHEDULE OF SEGMENT INFORMATION 2021 2020 For the Years Ended December 31, 2021 2020 Revenues: Product segment $ 4,663,508 $ 4,075,818 Contract services segment 376,105 683,422 Total segment and consolidated revenues $ 5,039,613 $ 4,759,240 Cost of revenues: Products $ 2,798,698 $ 2,514,119 Contract services segment 549,224 586,917 Total segment and consolidated cost of revenues $ 3,347,922 $ 3,101,036 Gross profit (loss): Product segment $ 1,864,810 $ 1,561,699 Contract services segment (173,119 ) 96,505 Total segment and consolidated gross profit $ 1,691,691 $ 1,658,204 Gross margin: Product segment 40.0 % 38.3 % Contract services segment -46.0 % 14.1 % Total gross margin 33.6 % 34.8 % Segment operating expenses (income): Product segment $ 3,922,878 $ 2,428,677 Product segment income (632,069 ) (133,500 ) Contract services segment 166,827 155,673 Total segment operating expenses (income), net $ 3,457,636 $ 2,450,850 Loss from operations: Product segment $ (1,425,999 ) $ (733,478 ) Contract services segment (339,946 ) (59,168 ) Total loss from operations $ (1,765,945 ) $ (792,646 ) Depreciation and amortization: Product segment $ 102,490 $ 36,946 Contract services segment 1,347 1,663 Total consolidated depreciation and amortization $ 103,837 $ 38,609 Capital additions: Product segment $ 127,013 $ 430,065 Contract services segment - - Total consolidated capital additions $ 127,013 $ 430,065 December 31, 2021 December 31, 2020 Segment total assets: Product segment $ 3,822,417 $ 4,458,227 Contract services segment 172,063 299,385 Corporate 112,121 33,888 Total consolidated total assets $ 4,106,601 $ 4,791,500

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 16 - SUBSEQUENT EVENTS On January 7, 2022, and again on February 14, 2022, the Company sold to several investors an aggregate of $ 200,000 March 31, 2025 8 1.75 On January 11, 2022, the Company sold to Magic Growth 3 LLC 222,223 388,890 222,195 11,110 four years 1.75 On February 22, 2020, the Company sold to Magic Growth 3 LLC 152,778 267,362 152,770 7,638 four years 1.75

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“US 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 consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates for the years ended December 31, 2021 and 2020 include estimates for allowance for doubtful accounts on accounts receivable, the estimates for obsolete inventory, the useful life of property and equipment, assumptions used in assessing impairment of long-term assets, estimates of current and deferred income taxes and deferred tax valuation allowances, the fair value of non-cash equity transactions, and the fair value of equity incentives.
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash For purposes of the consolidated statements of cash flows, the Company considers all highly liquid instruments with a maturity of three months or less at the purchase date and money market accounts to be cash equivalents.
Investments	Investments Investments consist of long-term certificates of deposit. The certificate of deposit held at December 31, 2020 was renewed in 2021. It matures in May 2024 2.29
Accounts Receivable	Accounts Receivable The Company recognizes an allowance for losses on accounts receivable in an amount equal to the estimated probable losses net of recoveries. The allowance is based on an analysis of historical bad debt experience, current receivables aging, and expected future write-offs, as well as an assessment of specific identifiable customer accounts considered at risk or uncollectible. The expense associated with the allowance for doubtful accounts is recognized as general and administrative expense.
Inventory	Inventory Inventory is stated at the lower of cost or net realizable value. Cost is determined using the average cost method based on prices paid for inventory items. This valuation requires us to make judgments, based on currently available information, about the likely method of disposition, such as sales to individual customers and expected recoverable values.
Property and Equipment	Property and Equipment Property and equipment are stated at cost and are depreciated using the straight-line method over their estimated useful lives, which range from three to ten years. Leasehold improvements are depreciated over the shorter of the useful life or lease term including scheduled renewal terms. Maintenance and repairs are charged to expense as incurred. When assets are retired or disposed of, the cost and accumulated depreciation are removed from the accounts, and any resulting gains or losses are included in other income or expense in the year of disposition. The Company examines the possibility of decreases in the value of these assets when events or changes in circumstances reflect the fact that their recorded value may not be recoverable.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets In accordance with ASC Topic 360, the Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable, or at least annually. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amount of the asset. The amount of impairment is measured as the difference between the asset’s estimated fair value and its book value. The Company did not record any impairment charge for the year ended December 31, 2021 and 2020.
Leases	Leases Operating leases are reflected on our balance sheet within operating lease Right-of-use ( ROU) assets and the related current and non-current operating lease liabilities. ROU assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from lease agreement. Operating lease ROU assets and liabilities are recognized at the commencement date, the date on which the lessor began making the underlying asset customizable for our use, based upon the present value of the lease payments over the respective lease term. Lease expense is recognized on a straight-line basis over the lease term, subject to any changes in the lease or expectation regarding the terms. Variable lease costs such as common area maintenance, property taxes and insurance are expensed as incurred. Lease Term The Company calculates the term for each lease agreement to include the noncancelable period specified in the agreement together with (1) the periods covered by options to extend the lease if the Company is reasonably certain to exercise that option, (2) periods covered by an option to terminate if the Company is reasonably certain not to exercise that option and (3) period covered by an option to extend (or not terminate) if controlled by the lessor. The assessment of whether the Company is reasonably certain to exercise an option to extend a lease requires significant judgement surrounding contract-based factors, asset-based factors, entity-based factors and market-based factors. Lease Payments Lease payments consist of fixed payments, less any lease incentives paid or payable to the lessee related to the use of the underlying asset during the lease term. Incremental Borrowing Rate The ROU asset and related lease liabilities recorded based on the present value of the lease payments using (1) the rate implicit in the lease or (2) the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment.
Revenue Recognition	Revenue Recognition We adopted ASC Topic 606, Revenue from Contracts with Customers Identification of the contract, or contracts, with a customer A contract with a customer exists when (i) we enter into an enforceable contract with a customer that defines each party’s rights regarding the goods or services to be transferred and identifies the payment terms related to these goods or services, (ii) the contract has commercial substance and, (iii) we determine that collection of substantially all consideration for goods or services that are transferred is probable based on the customer’s intent and ability to pay the promised consideration. We apply judgment in determining the customer’s ability and intention to pay, which is based on a variety of factors including the customer’s historical payment experience or, in the case of a new customer, published credit and financial information pertaining to the customer. Identification of the performance obligations in the contract Performance obligations promised in a contract are identified based on the goods or services that will be transferred to the customer that are both capable of being distinct, whereby the customer can benefit from the goods or service either on its own or together with other resources that are readily available from third parties or from us, and are distinct in the context of the contract, whereby the transfer of the goods or services is separately identifiable from other promises in the contract. When a contract includes multiple promised goods or services, we apply judgment to determine whether the promised goods or services are capable of being distinct and are distinct within the context of the contract. If these criteria are not met, the promised goods or services are accounted for as a combined performance obligation. Determination of the transaction price The transaction price is determined based on the consideration to which we will be entitled to receive in exchange for transferring goods or services to our customer. We estimate any variable consideration included in the transaction price using the expected value method that requires the use of significant estimates for discounts, cancellation periods, refunds and returns. Variable consideration is described in detail below. Allocation of the transaction price to the performance obligations in the contract If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price to each performance obligation based on a relative Stand-Alone Selling Price (“SSP,”) basis. We determine SSP based on the price at which the performance obligation would be sold separately. If the SSP is not observable, we estimate the SSP based on available information, including market conditions and any applicable internally approved pricing guidelines. Recognition of revenue when, or as, we satisfy a performance obligation We recognize contract revenue over time and product revenue at a point in time, when the related performance obligation is satisfied by transferring the promised goods or services to our customer. Contract revenue is recognized based on a cost-to-cost input method. Disaggregation of Revenue For the years ended December 31, 2021 and 2020, total sales in the United States represent approximately 78 87 13 10
Principal versus Agent Considerations	Principal versus Agent Considerations When another party is involved in providing goods or services to our customer, we apply the principal versus agent guidance in ASC Topic 606 to determine if we are the principal or an agent to the transaction. When we control the specified goods or services before they are transferred to our customer, we report revenue gross, as principal. If we do not control the goods or services before they are transferred to our customer, revenue is reported net of the fees paid to the other party, as agent. Our evaluation to determine if we control the goods or services within ASC Topic 606 includes the following indicators: We are primarily responsible for fulfilling the promise to provide the specified good or service. When we are primarily responsible for providing the goods and services, such as when the other party is acting on our behalf, we have indication that we are the principal to the transaction. We consider if we may terminate our relationship with the other party at any time without penalty or without permission from our customer. We have inventory risk before the specified good or service has been transferred to a customer or after transfer of control to the customer. We may commit to obtaining the services of another party with or without an existing contract with our customer. In these situations, we have risk of loss as principal for any amount due to the other party regardless of the amount(s) we earn as revenue from our customer. The entity has discretion in establishing the price for the specified good or service. We have discretion in establishing the price our customer pays for the specified goods or services.
Contract Assets	Contract Assets We capitalize costs and estimated earnings in excess of billings as a contract asset in current assets. There were no 88,694
Contract Liabilities	Contract Liabilities Contract liabilities consist of customer advance payments and billings in excess of revenue recognized. We may receive payments from our customers in advance of completing our performance obligations. We record contract liabilities equal to the amount of payments received in excess of revenue recognized, Contract liabilities are recorded under the caption “contract liabilities” and are reported as current liabilities on our consolidated financial statements when the time to fulfill the performance obligations under terms of our contracts is less than one year. At December 31, 2021 and 2020, contract liabilities totaled $ 45,762 90,562
Cost of Sales	Cost of Sales Cost of sales includes inventory costs, materials and supplies costs, internal labor and related benefits, subcontractor costs, depreciation, overhead and shipping and handling costs incurred.
Shipping and Handling Costs	Shipping and Handling Costs Shipping and handling costs incurred relating to the purchase of inventory are included in inventory which is charged to cost of sales as products are sold. Shipping and handling costs incurred for product shipped to customers are included in cost of sales. For the years ended December 31, 2021 and 2020 shipping and handling costs amounted to $ 187,154 132,458
Research and Development	Research and Development Research and development costs incurred in the development of the Company’s products and under other Company sponsored research and development projects are expensed as incurred. Costs such as direct labor, direct costs, and other allocated costs incurred to perform research and development service pursuant to government and private research projects are in included in cost of sales. Research and development costs incurred in the development of the Company’s products for the years ended December 31, 2021 and 2020 were $ 34,875 56,816
Advertising Costs	Advertising Costs The Company participates in various advertising programs. All costs related to advertising of the Company’s products are expensed in the period incurred. Advertising costs charged to operations for the years ended December 31, 2021 and 2020 were $ 40,459 23,345
Federal and State Income Taxes	Federal and State Income Taxes The Company accounts for income tax using the liability method prescribed by ASC 740, “Income Taxes”. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date. The Company follows the accounting guidance for uncertainty in income taxes using the provisions of ASC 740 “Income Taxes
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation is accounted for based on the requirements of the Share-Based Payment Topic of ASC 718 which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). The ASC also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. The Company adopted ASU No. 2017-09 in 2018; its adoption did not have a material impact on its consolidated financial statements. Pursuant to ASC Topic 505-50, for share-based payments to consultants and other third-parties, compensation expense is determined at the “measurement date.” The expense is recognized over the service period of the award. Until the measurement date is reached, the total amount of compensation expense remains uncertain. The Company initially records compensation expense based on the fair value of the award at the reporting date.
Earnings (Loss) Per Share of Common Stock	Earnings (Loss) Per Share of Common Stock ASC 260 “Earnings Per Share”, requires dual presentation of basic and diluted earnings per share (“EPS”) with a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. Basic EPS excludes dilution. Diluted EPS reflects the potential dilution that could occur 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 entity. Basic net loss per common share is computed by dividing net loss available to common shareholders by the weighted average number of shares of common shares outstanding during the period. Diluted net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period. Additionally, potentially dilutive common shares consist of common stock options and warrants (using the treasury stock method). These common stock equivalents may be dilutive in the future . SCHEDULE OF ANTI-DILUTIVE PER SHARE INFORMATION December 31, December 31, Stock options 3,123,702 502,892 Stock warrants 6,597,178 5,443,440 Total 9,720,880 5,946,332 Net income (loss) per share for each class of common stock is as follows: SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET INCOME LOSS Net income (loss) per common shares outstanding: Year Ended Year Ended Common stock $ (0.17 ) $ (0.10 ) Weighted average shares outstanding: Total weighted average common shares outstanding 9,475,560 7,558,078
Segment Reporting	Segment Reporting The Company uses “the management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. The Company’s chief operating decision maker is the President of the Company, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. The Company classified the reportable operating segments into (i) the development, manufacture and sale of consumer and institutional products using nanotechnology to deliver unique performance attributes (the “Product segment”) and (ii) nanotechnology design and development services for our future products and for government and private entities (the “Contract services segment”).
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements Financial Instruments — Credit Losses (Topic 326) In June 2016, the FASB issued ASU 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Measurement of expected credit losses is to be based on relevant forecasts that affect collectability. The scope of financial assets within the CECL methodology is broad and includes trade receivables from certain revenue transactions and certain off-balance sheet credit exposures. Different components of the guidance require modified retrospective or prospective adoption. ASU 2016-13 is effective for the annual reporting period beginning on or after December 15, 2020. The Company adopted this standard January 1, 2020 and there was no material impact. The Company does not believe there are any other recently issued and effective, or not yet effective pronouncements that would have or are expected to have any significant effect on the Company’s financial position, results of operations or cash flows. There have been no changes to our significant accounting policies described in Note 2 to our Annual Report on Form 10-K for the year ended December 31, 2021, that have had a material impact on our Consolidated Financial Statements and related notes.
Reclassifications	Reclassifications Certain accounts and financial statement captions in the prior periods have been reclassified to conform to the current period financial statements. None of the reclassifications had any impact on the net loss reported in 2020.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
SCHEDULE OF ANTI-DILUTIVE PER SHARE INFORMATION	These common stock equivalents may be dilutive in the future . SCHEDULE OF ANTI-DILUTIVE PER SHARE INFORMATION December 31, December 31, Stock options 3,123,702 502,892 Stock warrants 6,597,178 5,443,440 Total 9,720,880 5,946,332
SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET INCOME LOSS	Net income (loss) per share for each class of common stock is as follows: SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET INCOME LOSS Net income (loss) per common shares outstanding: Year Ended Year Ended Common stock $ (0.17 ) $ (0.10 ) Weighted average shares outstanding: Total weighted average common shares outstanding 9,475,560 7,558,078

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
SCHEDULE OF ACCOUNTS RECEIVABLE	SCHEDULE OF ACCOUNTS RECEIVABLE December 31, December 31, Accounts receivable $ 354,670 $ 1,291,742 Less: allowance for doubtful accounts (42,326 ) (61,588 ) Accounts receivable, net $ 312,344 $ 1,230,154

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Dec. 31, 2021
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORY	SCHEDULE OF INVENTORY December 31, December 31, Raw materials $ 673,518 $ 632,055 Work in progress 314,461 176,392 Finished goods 456,768 147,913 Total 1,444,747 956,360 Less: reserve for obsolescence (65,742 ) (114,666 ) Inventory, net $ 1,379,005 $ 841,694

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	At December 31, 2021 and 2020, property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT Useful Life December 31, December 31, Machinery and equipment 5 10 $ 2,770,413 $ 2,718,877 Furniture and office equipment 3 7 534,134 492,400 Leasehold improvements 2 15 140,678 106,935 3,445,225 3,318,212 Less: accumulated depreciation (2,811,092 ) (2,704,741 ) Property and equipment, net $ 634,133 $ 613,471

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2021
Leases
Schedule Of Remaining Lease Payments	For operating leases, we calculated ROU assets and lease liabilities based on the present value of the remaining lease payments as of the date of adoption using the IBR as of that date. Schedule Of Remaining Lease Payments December 31, 2021 December 31, 2020 Operating lease liabilities $ 1,087,596 $ 1,309,912 Right-of-use assets $ 1,309,912 $ 1,518,308
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS	Future minimum lease payments under leases that had initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2021, are as follows: SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Operating Leases Finance Leases 2022 $ 247,906 $ 54,394 2023 256,688 42,830 2024 220,428 25,620 2025 220,989 - 2026 228,297 - Thereafter - Less: impact of discounting ) (15,911 ) Present value of lease liabilities 1,087,596 106,933

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
SCHEDULE OF FUTURE PAYMENTS OF NOTES PAYABLE	Future payments of notes payable are as follows: SCHEDULE OF FUTURE PAYMENTS OF NOTES PAYABLE Year As of December 31, 2021 2022 $ 41,677 Thereafter 54,883 Total $ 96,560

STOCKHOLDERS_ EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)	12 Months Ended
	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
SCHEDULE OF STOCK OPTION PLAN ACTIVITY	Stock options outstanding are to purchase common stock. Stock option activities for the years ended December 31, 2021 and 2020 are summarized as follows: SCHEDULE OF STOCK OPTION PLAN ACTIVITY Number of Options Weighted Weighted Aggregate Balance Outstanding, December 31, 2019 455,502 $ 1.24 $ - Exercised - - Forfeited or expired (52,610 ) 0.61 Granted 100,000 0.65 Balance Outstanding, December 31, 2020 502,892 $ 0.89 3.23 $ 220,000 Exercised - Forfeited or expired (116,690 ) 1.83 Granted 2,737,500 0.80 Balance Outstanding, December 31, 2021 3,123,702 $ 0.77 4.93 $ - Exercisable, December 31, 2021 867,624 $ 0.72 2.96 $ -
SCHEDULE OF STOCK OPTIONS VESTING	SCHEDULE OF STOCK OPTIONS VESTING The right to purchase: Consisting of: Is vested on: Tranche 1 150,000 June 30, 2021 Tranche 2 150,000 December 31, 2021 Tranche 3 150,000 June 30, 2022 Tranche 4 150,000 December 31, 2022 Tranche 5 150,000 June 30, 2023 Tranche 6 150,000 December 31, 2023 Tranche 7 Up to 150,000 If the aggregate sales bonus payable for 2021 exceeds $240,000 Tranche 8 Up to 150,000 If the aggregate sales bonus payable for 2022 exceeds $260,000 Tranche 9 Up to 150,000 If the aggregate sales bonus payable for 2023 exceeds $300,000 Tranche 10 Up to 1 If a profit bonus is payable under the employment contract and the Board determines to pay some or all of it with options, the number vested as determined by the Board
SCHEDULE OF FAIR VALUE OF OPTION AWARD VALUATION ASSUMPTIONS	The fair value of the options awarded outside of any plan was calculated using the Black-Scholes method. The assumptions used in the calculations are shown below. The expected term represents the period of time that the options are expected to be outstanding. SCHEDULE OF FAIR VALUE OF OPTION AWARD VALUATION ASSUMPTIONS 2021 2020 Exercise price per option $ 0.75 $ 0.55 0.65 Fair value per option at grant date $ 0.69 - 0.84 $ 0.49 0.55 Expected term 5 5 Expected volatility 130 335 % 141 161 % Expected dividend yield 0 % 0 % Risk-free interest rate 0.19 1.18 % 1.66 1.31 % Expense in period $ 474,839 $ 186,612 Unearned expense $ 631,785 $ 0
2021 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
SCHEDULE OF FAIR VALUE OF OPTION AWARD VALUATION ASSUMPTIONS	SCHEDULE OF FAIR VALUE OF OPTION AWARD VALUATION ASSUMPTIONS Exercise price per option $ 0.75 Fair value per option at grant date $ 0.76 0.88 Expected term 5 Expected volatility 129 131 % Expected dividend yield 0 % Risk-free interest rate 0.33 0.93 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
SCHEDULE OF EFFECTIVE STATUTORY RATE OF INCOME TAXES	The items accounting for the difference between income taxes at the effective statutory rate and the provision for income taxes for the years ended December 31, 2021 and 2020 were as follows: SCHEDULE OF EFFECTIVE STATUTORY RATE OF INCOME TAXES 2021 2020 Years Ended December 31, 2021 2020 Income tax provision (benefit) at U.S. statutory rate of 21 $ 331,000 $ (164,000 ) Payroll Protection Program loan forgiveness 44,000 Change in valuation allowance (375,000 ) 164,000 Revaluation of deferred tax asset 441,000 76,000 Revaluation of valuation allowance (441,000 ) (76,000 ) Total provision for income tax $ - $ -
SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS AND LIABILITIES	The Company’s approximate net deferred tax assets as of December 31, 2021 and 2020 were as follows: SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS AND LIABILITIES December 31, December 31, December 31, December 31, Deferred Tax Assets: Net operating loss carryforward $ 3,355,000 $ 2,569,000 Stock-based compensation 66,000 1,000 Allowance for inventory obsolescence 14,000 24,000 Accrued compensation 1,000 6,000 Other 39,000 79,000 Total deferred tax assets 3,475,000 2,679,000 Valuation allowance (3,475,000 ) (2,679,000 ) Net deferred tax assets $ -

CONCENTRATIONS (Tables)

CONCENTRATIONS (Tables)	12 Months Ended
	Dec. 31, 2021
Concentration Risk [Line Items]
SCHEDULE OF CONCENTRATION RISK, CUSTOMER	Customer concentrations for the years ended December 31, 2021 and 2020 are as follows: SCHEDULE OF CONCENTRATION RISK, CUSTOMER Product Revenues For the Years Ended 2021 2020 Customer A 16 % * - % Customer B 13 % 11 % Customer C 12 % * - % Customer D 11 % * - % Customer E * - % 10 % Total 52 % 21 % Contract Services Revenues For the Years Ended 2021 2020 Customer F 60 % 26 % Customer G 40 % * - % Customer H * - % 47 % Customer I * - % 19 % Total 100 % 92 % * Less than 10%
Vendor [Member]
Concentration Risk [Line Items]
SCHEDULE OF CONCENTRATION RISK, CUSTOMER	Vendor concentrations for inventory purchases for the years ended December 31, 2021 and 2020 are: SCHEDULE OF CONCENTRATION RISK, CUSTOMER For the Years Ended 2021 2020 Vendor A 41 % 48 % Total 41 % 48 %

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
SCHEDULE OF SEGMENT INFORMATION	Segment information available with respect to these reportable business segments for the years ended December 31, 2021 and 2020 was as follows: SCHEDULE OF SEGMENT INFORMATION 2021 2020 For the Years Ended December 31, 2021 2020 Revenues: Product segment $ 4,663,508 $ 4,075,818 Contract services segment 376,105 683,422 Total segment and consolidated revenues $ 5,039,613 $ 4,759,240 Cost of revenues: Products $ 2,798,698 $ 2,514,119 Contract services segment 549,224 586,917 Total segment and consolidated cost of revenues $ 3,347,922 $ 3,101,036 Gross profit (loss): Product segment $ 1,864,810 $ 1,561,699 Contract services segment (173,119 ) 96,505 Total segment and consolidated gross profit $ 1,691,691 $ 1,658,204 Gross margin: Product segment 40.0 % 38.3 % Contract services segment -46.0 % 14.1 % Total gross margin 33.6 % 34.8 % Segment operating expenses (income): Product segment $ 3,922,878 $ 2,428,677 Product segment income (632,069 ) (133,500 ) Contract services segment 166,827 155,673 Total segment operating expenses (income), net $ 3,457,636 $ 2,450,850 Loss from operations: Product segment $ (1,425,999 ) $ (733,478 ) Contract services segment (339,946 ) (59,168 ) Total loss from operations $ (1,765,945 ) $ (792,646 ) Depreciation and amortization: Product segment $ 102,490 $ 36,946 Contract services segment 1,347 1,663 Total consolidated depreciation and amortization $ 103,837 $ 38,609 Capital additions: Product segment $ 127,013 $ 430,065 Contract services segment - - Total consolidated capital additions $ 127,013 $ 430,065 December 31, 2021 December 31, 2020 Segment total assets: Product segment $ 3,822,417 $ 4,458,227 Contract services segment 172,063 299,385 Corporate 112,121 33,888 Total consolidated total assets $ 4,106,601 $ 4,791,500

ORGANIZATION AND BASIS OF PRE_2

ORGANIZATION AND BASIS OF PRESENTATION (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Operating Income (Loss)	$ 1,765,945	$ 792,646
Net Cash Provided by (Used in) Operating Activities	1,377,056	2,001,044
[custom:WorkingCapital]	1,003,127
Cash	$ 242,474	$ 288,134

SCHEDULE OF ANTI-DILUTIVE PER S

SCHEDULE OF ANTI-DILUTIVE PER SHARE INFORMATION (Details) - shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	9,720,880	5,946,332
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	3,123,702	502,892
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	6,597,178	5,443,440

SCHEDULE OF RECONCILIATION OF B

SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET INCOME LOSS (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Total weighted average common shares outstanding	9,475,560	7,558,078
Common Stock [Member]
Earnings Per Share, Basic and Diluted	$ (0.17)	$ (0.10)

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Product Information [Line Items]
Investments on deposits maturity date	May 31, 2024
Investment interest rate	2.29%
Contract with Customer, Asset, after Allowance for Credit Loss, Current	$ 0	$ 88,694
Contract liabilities	45,762	90,562
Shipping and handling costs	187,154	132,458
Research and development expense	34,875	56,816
Advertising expense	$ 40,459	$ 23,345
Geographic Concentration Risk [Member] | UNITED STATES | Revenue Benchmark [Member]
Product Information [Line Items]
Percentage of sales	78.00%	87.00%
Geographic Concentration Risk [Member] | GERMANY | Revenue Benchmark [Member]
Product Information [Line Items]
Percentage of sales	13.00%	10.00%

SCHEDULE OF ACCOUNTS RECEIVABLE

SCHEDULE OF ACCOUNTS RECEIVABLE (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Receivables [Abstract]
Accounts receivable	$ 354,670	$ 1,291,742
Less: allowance for doubtful accounts	(42,326)	(61,588)
Accounts receivable, net	$ 312,344	$ 1,230,154

ACCOUNTS RECEIVABLE (Details Na

ACCOUNTS RECEIVABLE (Details Narrative) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Receivables [Abstract]
Accounts Receivable, Allowance for Credit Loss	$ 18,251	$ 53,790

SCHEDULE OF INVENTORY (Details)

SCHEDULE OF INVENTORY (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Raw materials	$ 673,518	$ 632,055
Work in progress	314,461	176,392
Finished goods	456,768	147,913
Total	1,444,747	956,360
Less: reserve for obsolescence	(65,742)	(114,666)
Inventory, net	$ 1,379,005	$ 841,694

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 3,445,225	$ 3,318,212
Less: accumulated depreciation	(2,811,092)	(2,704,741)
Property and equipment, net	634,133	613,471
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,770,413	2,718,877
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Useful Life	5 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Useful Life	10 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 534,134	492,400
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Useful Life	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Useful Life	7 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 140,678	$ 106,935
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Useful Life	2 years
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Useful Life	15 years

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 106,351	$ 38,609
Proceeds from Sale of Property, Plant, and Equipment		$ 450

Schedule Of Remaining Lease Pay

Schedule Of Remaining Lease Payments (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Leases
Operating lease liabilities	$ 1,087,596	$ 1,309,912
Right-of-use assets	$ 1,309,912	$ 1,518,308

SCHEDULE OF FUTURE MINIMUM LEAS

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Leases
Operating Lease, 2021	$ 247,906
Finance Lease, 2021	54,394
Operating Lease, 2022	256,688
Finance Lease, 2022	42,830
Operating Lease, 2023	220,428
Finance Lease, 2023	25,620
Operating Lease, 2024	220,989
Finance Lease, 2024
Lessee, Operating Lease, Liability, to be Paid, Year Five	228,297
Finance Lease, Liability, to be Paid, Year Five
Operating Lease, Thereafter	175,334
Finance Lease, Thereafter
Operating, Lease Less: impact of discounting	(262,046)
Finance Lease, Less: impact of discounting	(15,911)
Operating Lease, Present value of lease liabilities	1,087,596	$ 1,309,912
Finance Lease, Present value of lease liabilities	$ 106,933

LEASES (Details Narrative)

LEASES (Details Narrative)	Sep. 24, 2020USD ($)	Aug. 11, 2020USD ($)	May 31, 2020USD ($)ft²	Jun. 21, 2019USD ($)ft²	Dec. 10, 2018USD ($)ft²	Sep. 20, 2017USD ($)ft²	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease office space, area | ft²			29,220	1,200
Operating lease, description			The lease has an initial term of seven years with a renewal option at the end of the initial term for an additional 3-year term, and a second renewal option thereafter for an additional 5-year term. The renewal term is not included in the calculation of the operating lease liability. As the sole tenant, we are responsible for all taxes, ordinary maintenance, snow removal and other ordinary operating expenses. Rent is $6.50 per square foot, increasing by $0.25 per year. During the first three years we also have the right to buy up to a 49% interest in Magic Research LLC for a price equal to 49% of the contributions received from other members
Operating lease payments, monthly				$ 1,529
Fair Value Adjustment of Warrants			$ 311,718
Operating lease cost							$ 260,308	$ 219,305
Sublease income							56,088	54,990
Variable lease cost							48,890	12,524
Short Term and Long Term Debt [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Finance Lease, Liability							106,935	150,738
Finance Lease, Interest Expense							12,346	2,844
Furniture [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Finance Lease, Liability		$ 60,684					34,387
Lessee, Finance Lease, Term of Contract		36 months
Finance Lease, Principal Payments		$ 1,972
Finance Lease, Liability, Current							21,052
Finance Lease, Liability, Noncurrent							13,335
Forklift [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Finance Lease, Liability	$ 14,250						8,166
Lessee, Finance Lease, Term of Contract	36 months
Finance Lease, Principal Payments	$ 425
Finance Lease, Liability, Current							4,822
Finance Lease, Liability, Noncurrent							3,344
Production Equipment [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Finance Lease, Liability							64,380	$ 85,000
Lessee, Finance Lease, Term of Contract								48 months
Finance Lease, Principal Payments								$ 2,135
Finance Lease, Liability, Current							20,016
Finance Lease, Liability, Noncurrent							$ 44,364
Three-Year Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease office space, area | ft²						22,172
Operating lease, description						beginning September 20, 2017 ended September 20, 2020
Operating lease payments, monthly						$ 8,688
Five-Year Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease office space, area | ft²					3,742
Operating lease, description					beginning January 2019 and ending February 29, 2024
Operating lease payments, monthly					$ 3,472
Increasing percentage in monthly payments					300.00%

BANK LOANS AND LINES OF REVOL_2

BANK LOANS AND LINES OF REVOLVING CREDIT FACILITY (Details Narrative) - USD ($)	May 08, 2020	Feb. 01, 2021
Amegy Bank of Texas [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Loans Payable to Bank		$ 79,305
Small Business Administration Paycheck Protection Program [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Debt Instrument, Face Amount	$ 130,900
Debt Instrument, Interest Rate, Stated Percentage	1.00%
Debt Instrument, Periodic Payment	$ 7,330

ACCOUNTS RECEIVABLE FACTORING (

ACCOUNTS RECEIVABLE FACTORING (Details Narrative)	Sep. 01, 2020USD ($)
Accounts Receivable Factoring
Receivables, Net, Current	$ 11,337

SCHEDULE OF FUTURE PAYMENTS OF

SCHEDULE OF FUTURE PAYMENTS OF NOTES PAYABLE (Details)	Dec. 31, 2021USD ($)
Debt Disclosure [Abstract]
2022	$ 41,677
Thereafter	54,883
Total	$ 96,560

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)	Jun. 18, 2019	Feb. 10, 2015	Jan. 31, 2017	Dec. 31, 2021	Dec. 31, 2020	Oct. 20, 2020
Defined Benefit Plan Disclosure [Line Items]
Notes Payable, Current				$ 87,567	$ 139,641
Notes Payable, Noncurrent				115,928	286,225
Accrued and unpaid deferred salary						$ 6,000
Departing Employee [Member]
Defined Benefit Plan Disclosure [Line Items]
Principal amount			$ 17,425
Debt maturity year			due in January 2027
Nano Magic LLC [Member] | Equipment Note [Member]
Defined Benefit Plan Disclosure [Line Items]
Principal amount		$ 373,000
Debt Instrument, Frequency of Periodic Payment	monthly payments were reduced to $4,052 per month	Equipment Note is payable in 60 equal monthly instalments payments
Debt Instrument, Interest Rate, Stated Percentage	6.29%	4.35%
Debt Instrument, Maturity Date	Apr. 10, 2022
Principal amount due				$ 41,677	86,098
Notes Payable, Current					44,493
Notes Payable, Noncurrent					$ 41,605
Four Employees [Member] | Four Promissory Note Agreements [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt instruments interest rate at period				3.00%
Four Employees [Member] | Three Promissory Note Agreements [Member]
Defined Benefit Plan Disclosure [Line Items]
Principal amount due				$ 37,458

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Advances fron related party	$ 113,952
Ron Berman [Member]
Related Party Transaction [Line Items]
Legal and consulting fees	$ 167,350	$ 212,700
Tom Berman and Ron Berman [Member]
Related Party Transaction [Line Items]
Economic interest percentage	5.00%
Contribution description	The lease for the Michigan facility gives us the right, during the first three years of the lease, to buy up to a 49% interest in the landlord for a price equal to 49% of the contributions received from other members
MrRicker And MsRickert [Member]
Related Party Transaction [Line Items]
Due to Related Parties, Current	$ 92,887	145,383
Accrued Payroll Taxes	$ 16,000	$ 16,000

SCHEDULE OF STOCK OPTION PLAN A

SCHEDULE OF STOCK OPTION PLAN ACTIVITY (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Number of Options, Outstanding, Beginning balance	502,892	455,502
Weighted Average Exercise Price, Outstanding, Beginning balance	$ 0.89	$ 1.24
Aggregate Intrinsic Value, Share Outstanding, Ending balance	$ 220,000
Number of Options, Exercised
Number of Options, Exercised
Number of Options, Forfeited or expired	(116,690)	(52,610)
Number of Options, Forfeited or expired	$ 1.83	$ 0.61
Number of Options, Granted	2,737,500	100,000
Weighted Average Exercise Price, Granted	$ 0.80	$ 0.65
Weighted Average Remaining Contractual Terms (Years), Outstanding, Ending	4 years 11 months 4 days	3 years 2 months 23 days
Number of Options, Outstanding, Ending balance	3,123,702	502,892
Weighted Average Exercise Price, Outstanding, Ending balance	$ 0.77	$ 0.89
Aggregate Intrinsic Value, Share Outstanding, Ending balance		$ 220,000
Number of Options, Exercisable, Ending balance	867,624
Weighted Average Exercise Price, Exercisable Ending balance	$ 0.72
Weighted Average Remaining Contractual Term (Years), Exercisable	2 years 11 months 15 days
Aggregate Intrinsic Value, Share Exercisable

SCHEDULE OF STOCK OPTIONS VESTI

SCHEDULE OF STOCK OPTIONS VESTING (Details) - President and Chief Executive Officer [Member] - shares	Mar. 03, 2021	Mar. 02, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested		2,350,000
Tranche One [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Stock options vesting period, description	June 30, 2021
Tranche Two [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Stock options vesting period, description	December 31, 2021
Tranche Three [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Stock options vesting period, description	June 30, 2022
Tranche Four [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Stock options vesting period, description	December 31, 2022
Tranche Five [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Stock options vesting period, description	June 30, 2023
Tranche Six [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Stock options vesting period, description	December 31, 2023
Tranche Seven [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock options vesting period, description	If the aggregate sales bonus payable for 2021 exceeds $240,000
Tranche Seven [Member] | Maximum [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Tranche Eight [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock options vesting period, description	If the aggregate sales bonus payable for 2022 exceeds $260,000
Tranche Eight [Member] | Maximum [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Tranche Nine [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock options vesting period, description	If the aggregate sales bonus payable for 2023 exceeds $300,000
Tranche Nine [Member] | Maximum [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	150,000
Tranche Ten [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock options vesting period, description	If a profit bonus is payable under the employment contract and the Board determines to pay some or all of it with options, the number vested as determined by the Board
Tranche Ten [Member] | Maximum [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Number of stock options, vested	1,000,000

SCHEDULE OF FAIR VALUE OF OPTIO

SCHEDULE OF FAIR VALUE OF OPTION AWARD VALUATION ASSUMPTIONS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair value per option at grant date	$ 0.75
Expected term	5 years	5 years
Expected dividend yield	130.00%	141.00%
Expected volatility, maximum	335.00%	161.00%
Expected dividend yield	0.00%	0.00%
Expense in period	$ 474,839	$ 186,612
Unearned expense	$ 631,785	0
2021 Equity Incentive Plan [Member]
Fair value per option at grant date	$ 0.75
Expected term	5 years
Expected dividend yield	0.00%
Unearned expense		$ 23,301
Minimum [Member]
Fair value per option at grant date	$ 0.55
Fair value per option at grant date	$ 0.69	$ 0.49
Risk-free interest rate	0.19%	1.66%
Minimum [Member] | 2021 Equity Incentive Plan [Member]
Fair value per option at grant date	$ 0.76
Expected dividend yield	129.00%
Risk-free interest rate	0.33%
Maximum [Member]
Fair value per option at grant date	$ 0.65
Fair value per option at grant date	$ 0.84	$ 0.55
Risk-free interest rate	1.18%	1.31%
Maximum [Member] | 2021 Equity Incentive Plan [Member]
Fair value per option at grant date	$ 0.88
Expected dividend yield	131.00%
Risk-free interest rate	0.93%

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	Dec. 15, 2021	Jun. 21, 2021	May 31, 2021	Apr. 08, 2021	Mar. 17, 2021	Mar. 02, 2021	Feb. 16, 2021	Sep. 14, 2020	Aug. 12, 2020	Jul. 13, 2020	May 31, 2020	Mar. 26, 2020	Mar. 24, 2020	Feb. 24, 2020	Feb. 12, 2020	Jan. 22, 2020	Apr. 03, 2019	Dec. 31, 2021	Dec. 31, 2020	Aug. 10, 2021	Mar. 03, 2021	Jul. 02, 2020	Jan. 31, 2020
Class of Stock [Line Items]
Common stock, shares authorized																		30,000,000	30,000,000			7,200,000
Common Stock, Par or Stated Value Per Share																			$ 0.0001			$ 0.0001
Preferred stock, shares authorized																		100,000	100,000			100,000
Preferred stock, par value																		$ 0.0001	$ 0.0001			$ 0.0001
Common stock, voting rights																		The rights of each share of common are the same with respect to dividends, distributions and rights upon liquidation. Holders of common stock each have one vote per share
Shares issued price per share						$ 1
Stock Issued During Period, Value, Issued for Services																		$ 75,000	$ 12,000
Number of stock issued for services and stock appreciation rights						5,000
Class of Warrant or Right, Number of Securities Called by Warrants or Rights												36,758
Sale of Stock, Price Per Share												$ 0.65
Proceeds from private placement												$ 23,897
Warrants issued to purchase the additional shares												36,780
Warrant exercise price												$ 1.50
Warrants and Rights Outstanding, Term												4 years
Proceeds from warrants exercise												$ 1,103
Stock Issued During Period, Shares, New Issues												36,765
Number of stock options granted																		2,737,500	100,000
[custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsUnearnedExpense]																		$ 631,785	$ 0
Fair value of warrants											$ 311,718
2021 Equity Incentive Plan [Member]
Class of Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares																		43,385
Number of option granted																							100,000
Number of shares available for issuance				2,500		85,000
Number of stock options granted				2,500
Number of shares available for future issuance		200,000
Number of share options, granted and forfeited		100,000
Share-based Payment Arrangement, Expense																		$ 42,320
[custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsUnearnedExpense]																			$ 23,301
2015 Incentive Plan [Member]
Class of Stock [Line Items]
Number of option granted																							100,000
Consulting Agreement [Member]
Class of Stock [Line Items]
Number of option granted																				100,000
Consulting Agreement [Member] | 2021 Equity Incentive Plan [Member]
Class of Stock [Line Items]
Number of option granted																				100,000
Share-based Payment Arrangement, Tranche One [Member]
Class of Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period																	100,000		450,000
Magic Growth LLC [Member]
Class of Stock [Line Items]
Proceeds from private placement					$ 481,539		$ 961,538
Number of shares sold, shares					385,231		769,231	130,770	461,538	388,462
Warrants issued to purchase the additional shares					385,225		769,225
Warrant exercise price					$ 2		$ 2	$ 2	$ 2	$ 2
Warrants and Rights Outstanding, Term								4 years	4 years	4 years
Proceeds from warrants exercise					$ 19,260		$ 38,463	$ 6,537	$ 23,079	$ 19,422
Number of shares sold, value								$ 163,463	$ 576,923	$ 485,578
Purchase of warrant								130,750	461,525	388,450
Common Stock [Member]
Class of Stock [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights													794,110
Sale of Stock, Price Per Share													$ 0.65
Proceeds from private placement													$ 516,177
Number of shares sold, shares													551,600
Warrants issued to purchase the additional shares													794,110
Warrant exercise price													$ 1.50
Warrants and Rights Outstanding, Term													4 years
Proceeds from warrants exercise													$ 23,823
Number of shares issued													242,518
Warrant [Member]
Class of Stock [Line Items]
Warrant exercise price																		$ 1.66	$ 1.59
Warrants outstanding and exercisable warrants																		6,597,178	5,443,440
Warrants, weighted average remaining contractual term																		24 months 27 days	34 months 3 days
President and Chief Executive Officer [Member]
Class of Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares						2,350,000
President and CEO [Member]
Class of Stock [Line Items]
Shares issued price per share						$ 0.75															$ 0.75
Ron Berman [Member] | Consulting Agreement [Member]
Class of Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights						His cash compensation is $10,000 per month, with bonuses from 1% to 3% on certain sales. He was also granted an option to purchase up to 100,000 shares at an exercise price of $0.75. Vesting for 75,000 shares is based on sales by Nano Magic LLC in 2021; 12,500 if sales in 2021 are $4 million, with additional tranches of 12,500 shares for each additional $1 million in sales. Vesting for the remaining 25,000 shares will occur if the Company realizes $1 million in EBITDA for 2021
Salary and wage, excluding cost of good and service sold						$ 10,000
Number of option granted						100,000
Landlord [Member] | Warrant [Member]
Class of Stock [Line Items]
Warrants issued to purchase the additional shares											410,000
Warrant exercise price			$ 1.50
Fair value of warrants			$ 311,718
Common Stock [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services															21,048
Shares issued price per share															$ 0.57		$ 0.55
Stock Issued During Period, Value, Issued for Services															$ 12,000
Class of Warrant or Right, Number of Securities Called by Warrants or Rights														205,883		198,530
Sale of Stock, Price Per Share														$ 0.65		$ 0.65
Proceeds from private placement														$ 133,824		$ 129,044
Number of shares sold, shares														205,868		198,516
Warrants issued to purchase the additional shares														198,516		198,516
Warrant exercise price														$ 1.50		$ 1.50
Warrants and Rights Outstanding, Term														4 years		4 years
Proceeds from warrants exercise														$ 6,176		$ 5,955
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period																	550,000
Common Stock [Member] | Director [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services	45,333					37,890
Shares issued price per share	$ 0.75					$ 0.95
Stock Issued During Period, Value, Issued for Services	$ 34,000					$ 36,000

SCHEDULE OF EFFECTIVE STATUTORY

SCHEDULE OF EFFECTIVE STATUTORY RATE OF INCOME TAXES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income tax provision (benefit) at U.S. statutory rate of 21%	$ 331,000	$ (164,000)
Payroll Protection Program loan forgiveness	44,000
Change in valuation allowance	(375,000)	164,000
Revaluation of deferred tax asset	441,000	76,000
Revaluation of valuation allowance	441,000	76,000
Total provision for income tax

SCHEDULE OF EFFECTIVE STATUTO_2

SCHEDULE OF EFFECTIVE STATUTORY RATE OF INCOME TAXES (Details) (Parenthetical)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Statutory income tax rate	21.00%

SCHEDULE OF COMPONENTS OF DEFER

SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS AND LIABILITIES (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ 3,355,000	$ 2,569,000
Stock-based compensation	66,000	1,000
Allowance for inventory obsolescence	14,000	24,000
Accrued compensation	1,000	6,000
Other	39,000	79,000
Total deferred tax assets	3,475,000	2,679,000
Valuation allowance	(3,475,000)	(2,679,000)
Net deferred tax assets

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	12 Months Ended
	Dec. 31, 2021USD ($)
Income Tax Disclosure [Abstract]
Operating loss carryforwards	$ 3,355,000
Tax Credit Carryforward, Description	The potential tax benefit arising from tax loss carryforwards prior to 2017 will expire between 2021 and 2038, while the potential tax benefits arising after 2017 currently have no expiration date.
Ownership Interests	50.00%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)	12 Months Ended
	Dec. 31, 2021USD ($)
Commitments and Contingencies Disclosure [Abstract]
Litigation settlement	$ 0

SCHEDULE OF CONCENTRATION RISK,

SCHEDULE OF CONCENTRATION RISK, CUSTOMER (Details) - Customer Concentration Risk [Member]		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020
Product Revenues [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		16.00%			[1]
Product Revenues [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		13.00%		11.00%
Product Revenues [Member] | Customer C [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		12.00%			[1]
Product Revenues [Member] | Customer D [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		11.00%			[1]
Product Revenues [Member] | Customer E [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	[1]
Product Revenues [Member] | Customer [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		52.00%		21.00%
Contract Services Revenues [Member] | Customer E [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage				10.00%
Contract Services Revenues [Member] | Customer [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		100.00%		92.00%
Contract Services Revenues [Member] | Customer F [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		60.00%		26.00%
Contract Services Revenues [Member] | Customer G [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		40.00%			[1]
Contract Services Revenues [Member] | Customer H [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			[1]	47.00%
Contract Services Revenues [Member] | Customer I [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			[1]	19.00%
Inventory Purchases [Member] | Vendor A [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		41.00%		48.00%
Inventory Purchases [Member] | Vendor [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		41.00%		48.00%
[1]	Less than 10%

CONCENTRATIONS (Details Narrati

CONCENTRATIONS (Details Narrative) - Customer Concentration Risk [Member] - Revenue Benchmark [Member] - Customer [Member]	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
UNITED STATES
Concentration Risk [Line Items]
Concentration Risk, Percentage	78.00%	87.00%
GERMANY
Concentration Risk [Line Items]
Concentration Risk, Percentage	13.00%	10.00%

SCHEDULE OF SEGMENT INFORMATION

SCHEDULE OF SEGMENT INFORMATION (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total segment and consolidated revenues	$ 5,039,613	$ 4,759,240
Total segment and consolidated cost of revenues	3,347,922	3,101,036
Total segment and consolidated gross profit	$ 1,691,691	$ 1,658,204
Total gross margin	33.60%	34.80%
Total segment operating expenses (income), net	$ 3,457,636	$ 2,450,850
Product segment income	(632,069)	(133,500)
Total loss from operations	(1,765,945)	(792,646)
Total consolidated depreciation and amortization	103,837	38,609
Total consolidated capital additions	127,013	430,065
Total consolidated total assets	4,106,601	4,791,500
Product Segment [Member]
Segment Reporting Information [Line Items]
Total segment and consolidated revenues	4,663,508	4,075,818
Total segment and consolidated cost of revenues	2,798,698	2,514,119
Total segment and consolidated gross profit	$ 1,864,810	$ 1,561,699
Total gross margin	40.00%	38.30%
Total segment operating expenses (income), net	$ 3,922,878	$ 2,428,677
Total loss from operations	(1,425,999)	(733,478)
Contract services segment	102,490	36,946
Contract services segment	127,013	430,065
Total consolidated total assets	3,822,417	4,458,227
Contract Services Segment [Member]
Segment Reporting Information [Line Items]
Total segment and consolidated revenues	376,105	683,422
Total segment and consolidated cost of revenues	549,224	586,917
Total segment and consolidated gross profit	$ (173,119)	$ 96,505
Total gross margin	(46.00%)	14.10%
Total segment operating expenses (income), net	$ 166,827	$ 155,673
Total loss from operations	(339,946)	(59,168)
Contract services segment	1,347	1,663
Contract services segment
Total consolidated total assets	172,063	299,385
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Total consolidated total assets	$ 112,121	$ 33,888

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Feb. 14, 2022	Jan. 11, 2022	Jan. 07, 2022	Mar. 26, 2020	Feb. 22, 2020	Dec. 31, 2021	Dec. 31, 2020	Jan. 22, 2022
Subsequent Event [Line Items]
Proceed from issuance of common stock						$ 1,500,800	$ 2,115,001
Proceeds from Issuance of Warrants				$ 1,103
Warrant term				4 years
Warrant exercise price				$ 1.50
Magic Growth 3 LLC [Member]
Subsequent Event [Line Items]
Number of sale stock					152,778
Proceed from issuance of common stock					$ 267,362
Purchase to warrant					152,770
Proceeds from Issuance of Warrants					$ 7,638
Warrant term					4 years
Warrant exercise price					$ 1.75
Subsequent Event [Member] | Magic Growth 3 LLC [Member]
Subsequent Event [Line Items]
Number of sale stock		222,223
Proceed from issuance of common stock		$ 388,890
Purchase to warrant		222,195
Proceeds from Issuance of Warrants		$ 11,110
Warrant term								4 years
Warrant exercise price		$ 1.75
Subsequent Event [Member] | Several Investors [Member]
Subsequent Event [Line Items]
Convertible Notes Payable	$ 200,000		$ 200,000
Debt Instrument, Maturity Date	Mar. 31, 2025		Mar. 31, 2025
Debt Instrument, Interest Rate, Stated Percentage	800.00%		800.00%
Conversion Price per share	$ 1.75		$ 1.75