Annual report pursuant to Section 13 and 15(d)

Concentrations

v3.22.1
Concentrations
12 Months Ended
Dec. 31, 2021
Risks and Uncertainties [Abstract]  
Concentrations

Note L - Concentrations

Revenue from the Company’s Remote Power Patent constituted 100% of the Company’s revenue for the year ended December 31, 2021 and 2020. Revenue from two licensees constituted an aggregate of 99% of the Company’s revenue for the year ended December 31, 2021. Revenue from one licensee constituted an aggregate of 94% of the Company’s revenue for the year ended December 31, 2020. At December 31, 2021 and December 31, 2020, there were no royalty receivables from licensees.