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Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,748,382 $ 1,090,974
Marketable securities 7,743,946 9,295,755
Accounts receivable, net of allowance for doubtful accounts of $29,000 in 2012 and $18,000 in 2011 1,017,627 1,653,440
Receivable in connection with damage settlement 518,050  
Inventories (net) 1,242,750 1,467,434
Prepaid expenses and other current assets 132,458 163,034
Prepaid income taxes 3,602 78,613
Deferred income taxes 216,588 223,546
Total current assets 12,623,403 13,972,796
Property, plant, and equipment:    
Land 69,000 69,000
Factory equipment and fixtures 3,842,927 3,694,379
Building and improvements 2,725,993 2,714,780
Waste disposal plant 133,532 133,532
Total property, plant and equipment 6,771,452 6,611,691
Less accumulated depreciation 5,535,589 5,366,204
Net property, plant, and equipment 1,235,863 1,245,487
Other asset   37,672
Total assets 13,859,266 15,255,955
Current liabilities:    
Accounts payable 151,385 400,389
Accrued expenses 676,123 676,959
Total current liabilities 827,508 1,077,348
Deferred income taxes 193,740 64,578
Common stock, $.10 par value; 10,000,000 shares authorized; 4,596,439 shares issued and outstanding at December 31, 2012 and 2011, respectively 459,644 459,644
Accumulated other comprehensive income 178,979 34,612
Retained earnings 12,199,395 13,619,773
Total stockholders’ equity 12,838,018 14,114,029
Total liabilities and stockholders’ equity $ 13,859,266 $ 15,255,955