v3.20.1

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Net sales	$ 1,526,429	$ 4,203,556
Cost of products sold	1,307,622	2,463,208
Gross Profit	218,807	1,740,348
Costs and expenses:
Salaries and wages	799,914	897,507
Selling and administrative	632,066	626,106
Loss on impairment of patents	66,234	105,665
Total operating costs	1,498,214	1,629,278
Income / (Loss) from operations	(1,279,407)	111,070
Other income (expense):
Interest expense	(407,234)	(327,452)
Total other expense, net	(407,234)	(327,452)
Net loss before income tax expense	(1,686,641)	(216,382)
Provision for income taxes
Net loss	$ (1,686,641)	$ (216,382)
Basic and diluted loss per common share	$ (0.02)	$ 0.00
Weighted average common shares outstanding basic and diluted	69,016,468	69,016,468

The aggregate cost of goods produced and sold and services rendered during the reporting period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2)
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

PURADYN FILTER TECHNOLOGIES INC 10-K