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CONDENSED STATEMENTS OF INCOME (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
CONDENSED STATEMENTS OF INCOME        
NET SALES $ 4,478,014 $ 4,217,125 $ 13,867,337 $ 12,894,142
COST OF GOODS SOLD 2,850,049 2,575,557 8,769,347 7,904,357
GROSS PROFIT 1,627,965 1,641,568 5,097,990 4,989,785
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 1,282,161 1,330,199 3,823,224 4,124,801
RESEARCH AND DEVELOPMENT EXPENSES 169,145 149,864 489,954 475,791
INCOME FROM OPERATIONS 176,659 161,505 784,812 389,193
OTHER 103 1,372 3,613 5,331
INCOME BEFORE INCOME TAXES 176,762 162,877 788,425 394,524
INCOME TAX EXPENSE 37,791 46,715 246,107 73,000
NET INCOME $ 138,971 $ 116,162 $ 542,318 $ 321,524
EARNINGS PER COMMON SHARE:        
Basic (in dollars per share) $ 0.07 $ 0.06 $ 0.27 $ 0.16
Diluted (in dollars per share) $ 0.07 $ 0.06 $ 0.27 $ 0.16
WEIGHTED AVERAGE COMMON SHARES:        
Basic (in shares) 2,018,412 2,008,836 2,016,789 2,005,702
Diluted (in shares) 2,019,806 2,015,125 2,018,237 2,010,334