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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES    
Net income $ 815,998 $ 514,965
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 47,952 45,845
Gain on sale of asset (25,713) 0
Deferred income taxes (12,000) 39,000
Bad debt expense 115,000 125,405
Stock issued for services 9,450 14,097
Stock compensation expense 44,562 34,438
Changes in operating assets and liabilities:    
Accounts receivable (1,021,403) 546,167
Inventory (501,424) (295,958)
Prepaid expenses and other assets (554,944) 611,239
Accounts payable and accrued expenses (74,304) (184,617)
Payroll liabilities 10,112 4,303
Contract liabilities and customer deposits 1,422,545 (1,306,496)
Income taxes receivable(payable) (220,700) (9,600)
Net cash provided by operating activities 55,131 138,788
INVESTING ACTIVITIES    
Proceeds from sale of Colombian receivables 7,000 0
Capital expenditures (35,445) (50,715)
Net cash used in investing activities (28,445) (50,715)
FINANCING ACTIVITIES    
Payments on notes payable (2,221) (7,779)
Repurchase of common stock (51,500) (112,240)
Net cash used in financing activities (53,721) (120,019)
NET DECREASE IN CASH (27,035) (31,946)
CASH    
Beginning of period 1,290,797 1,322,743
End of period 1,263,762 1,290,797
Non-cash investing and financing activities:    
Treasury stock cost related to compensation 2,370 62,026
Note from sale of Colombian receivables 800 0
Capital expenditure financed with a note payable 0 10,000
Supplemental cash flow information:    
Operating cash outflow for operating leases $ 65,166 $ 0