Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Segment and Geographic Data (Tables)

v3.20.2
Note 11 - Segment and Geographic Data (Tables)
9 Months Ended
Sep. 30, 2020
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Net Sales:
 
Three months ended September 30,2020
   
Three months ended September 30, 2019
   
Nine months ended September 30,2020
   
Nine months ended September 30, 2019
 
                                 
Dental
  $
1,240,110
    $
1,884,321
    $
3,209,370
    $
6,042,580
 
Medical
   
6,000
     
15,500
     
15,800
     
31,000
 
Total net sales
  $
1,246,110
    $
1,899,821
    $
3,225,170
    $
6,073,580
 
Operating Income (Loss):
 
Three months ended September 30,2020
   
Three months ended September 30, 2019
   
Nine months ended September 30,2020
   
Nine months ended September 30, 2019
 
                                 
Dental
  $
191,235
    $
644,650
    $
(32,624
)   $
1,766,087
 
Medical
   
(812,840
)    
(554,843
)    
(2,297,080
)    
(1,711,184
)
Corporate
   
(855,123
)    
(1,036,541
)    
(3,928,521
)    
(2,927,652
)
Total operating loss
  $
(1,476,728
)   $
(946,734
)
  $
(6,258,225
)   $
(2,872,749
)
Depreciation and Amortization
 
Three months ended September 30, 2020
   
Three months ended September 30, 2019
   
Nine months ended September 30, 2020
   
Nine months ended September 30, 2019
 
                                 
Dental
  $
402
    $
3,950
    $
9,202
    $
11,875
 
Medical
   
674
     
2,424
     
5,006
     
7,424
 
Corporate
   
15,429
     
19,044
     
60,653
     
57,620
 
Total depreciation and amortization
  $
16,505
    $
25,418
    $
74,861
    $
76,919
 
Income (loss) before taxes and equity in earnings of affiliates:
 
Three months ended September 30, 2020
   
Three months ended September 30, 2019
   
Nine months ended September 30, 2020
   
Nine months ended September 30, 2019
 
                                 
Dental
  $
190,472
    $
645,442
    $
(35,376
)   $
1,765,475
 
Medical
   
(813,935
)    
(556,969
)    
(2,300,243
)    
(1,713,362
)
Corporate
   
(853,834
)    
(2,937,140
)    
(3,931,333
)    
(4,777,690
)
Total loss before taxes and equity in earnings of affiliate
  $
(1,477,297
)   $
(2,848,667
)
  $
(6,266,952
)   $
(4,725,577
)
Total Assets:
     
 
     
 
 
September 30, 2020
   
December 31, 2019
 
                                 
Dental
                  $
5,391,842
    $
5,008,324
 
Medical
                   
977,160
     
590,727
 
Corporate
                   
13,576,619
     
957,238
 
Total assets
     
 
     
 
  $
19,945,621
    $
6,556,289
 
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
   
Three months ended September 30, 2020
   
Three months ended September 30, 2019
 
   
Dental
   
Medical
   
Total
   
Dental
   
Medical
   
Total
 
Domestic-US
                                               
Devices
  $
34,657
    $
-
    $
34,657
    $
199,926
    $
-
    $
199,926
 
Handpieces
   
356,566
     
-
     
356,566
     
679,621
     
-
     
679,621
 
Other
   
16,906
     
-
     
16,906
     
17,343
     
-
     
17,343
 
Total Domestic US
  $
408,129
    $
-
    $
408,129
    $
896,890
    $
-
    $
896,890
 
                                                 
international
                                               
Devices
  $
220,694
    $
-
    $
220,694
    $
412,819
    $
-
    $
412,819
 
Handpieces
   
602,000
     
6,000
     
608,000
     
564,265
     
15,500
     
579,765
 
Other
   
9,287
     
 
     
9,287
     
10,347
     
-
     
10,347
 
Total International
  $
831,981
    $
6,000
    $
837,981
    $
987,431
    $
15,500
    $
1,002,931
 
                                                 
International-China
                                               
Devices
  $
-
    $
-
    $
-
    $
-
    $
-
    $
-
 
Handpieces
   
-
     
-
     
-
     
-
     
-
     
-
 
Other
   
-
     
-
     
-
     
-
     
 
     
-
 
Total International
  $
-
    $
-
    $
-
    $
-
    $
-
    $
-
 
                                                 
Total Product Sales
  $
1,240,110
    $
6,000
    $
1,246,110
    $
1,884,321
    $
15,500
    $
1,899,821
 
   
Nine months ended September 30, 2020
   
Nine months ended September 30, 2019
 
   
Dental
   
Medical
   
Total
   
Dental
   
Medical
   
Total
 
Domestic-US & Canada
                                               
Devices   $
35,181
    $
-
    $
35,181
    $
398,729
    $
10,800
    $
409,529
 
Handpieces
   
992,057
     
2,000
     
994,057
     
2,250,542
     
300
     
2,250,842
 
Other
   
37,895
     
-
     
37,895
     
61,408
     
-
     
61,408
 
Total Domestic US & Canada
  $
1,065,133
    $
2,000
    $
1,067,133
    $
2,710,679
    $
11,100
    $
2,721,779
 
                                                 
International ROW
                                               
Devices
  $
494,998
    $
7,600
    $
502,598
    $
1,100,488
    $
8,000
    $
1,108,488
 
Handpieces
   
1,618,524
     
6,200
     
1,624,724
     
2,028,750
     
11,500
     
2,040,250
 
Other    
30,715
     
-
     
30,715
     
102,663
     
400
     
103,063
 
Total International-ROW
  $
2,144,237
    $
13,800
    $
2,158,037
    $
3,231,901
    $
19,900
    $
3,251,801
 
                                                 
International-China
                                               
Devices
  $
-
    $
-
    $
-
    $
-
    $
-
    $
-
 
Handpieces
   
-
     
-
     
-
     
100,000
     
-
     
100,000
 
Other
   
-
     
-
     
-
     
 
     
-
     
-
 
Total International
  $
-
    $
-
    $
-
    $
100,000
    $
-
    $
100,000
 
                                                 
Total Product Sales
  $
3,209,370
    $
15,800
    $
3,225,170
    $
6,042,580
    $
31,000
    $
6,073,580