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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (813,558) $ 139,465
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation 639,997 758,834
Amortization 43,014 36,485
Stock based compensation 8,821 13,634
Net (gain) loss on sale and disposal of equipment (8,482) 1,230
Deferred income taxes (183,000) 39,000
Loss on intangible asset abandonment 92,833 0
Changes in working capital components:    
Trade receivables (219,503) (24,955)
Inventories (133,948) 39,477
Prepaid expenses and other assets (531,554) (207,120)
Income tax receivable 1,399 (652)
Accounts payable 114,113 325,668
Accrued expenses 512,837 103,699
Net cash (used in) provided by operating activities (477,031) 1,224,765
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (478,353) (543,145)
Proceeds from sales of equipment 15,596
Purchases of intangibles assets (19,665) (49,970)
Purchases of short-term investments (5,635,000) (5,615,000)
Proceeds on sale of short-term investments 6,125,000 5,815,000
Net cash provided by (used in) investing activities 7,578 (393,115)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment on long-term debt (140,440) (138,213)
Repurchase of common stock (49,595)
Net cash used in financing activities (190,035) (138,213)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (659,488) 693,437
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,623,137 929,700
CASH AND CASH EQUIVALENTS AT END OF PERIOD 963,649 1,623,137
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 79,008 78,112
Cash paid for income taxes, net $ 9,457 $ 7,652