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Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 6,111,653 $ 2,257,696
Short-term investments 2,144,728 4,627,744
Accounts receivable, net 1,783,148 2,343,062
Inventory, net 1,883,361 1,935,679
Prepaid expenses 393,432 534,767
Net investment in sales type leases - current 59,765 75,858
Income tax receivable 0 50,156
TOTAL CURRENT ASSETS 12,376,087 11,824,962
LONG-TERM ASSETS    
Accounts receivable - long-term 633,629 1,011,355
Property and equipment, net 121,472 149,669
Net investment in sales type leases - long term 62,431 46,924
Software development costs, net 10,853 13,355
Operating lease right-of-use assets 430,891 474,157
TOTAL LONG-TERM ASSETS 1,259,276 1,695,460
TOTAL ASSETS 13,635,363 13,520,422
CURRENT LIABILITIES    
Accounts payable and accrued expenses 265,944 216,944
Customer deposits 113,751 870,602
Current portion of operating lease liabilities 113,762 80,999
Income tax payable 27,936 0
TOTAL CURRENT LIABILITIES 521,393 1,168,545
LONG-TERM LIABILITIES    
Operating lease liabilities 385,673 435,796
Deferred tax liability 479,000 454,000
TOTAL LIABILITIES 1,386,066 2,058,341
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value; 25,000,000 shares authorized: 4,756,734 shares issued; and 4,641,523 and 4,635,568 shares outstanding at September 30, 2025 and December 31, 2024, respectively. 4,642 4,636
Additional paid-in capital 2,545,003 2,470,850
Retained earnings 9,915,995 9,209,030
Stockholders' Equity before Treasury Stock 12,465,640 11,684,516
Treasury stock, 115,211 and 121,166 shares (at cost) at September 30, 2025 and December 31, 2024, respectively. (216,343) (222,435)
TOTAL STOCKHOLDERS’ EQUITY 12,249,297 11,462,081
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 13,635,363 $ 13,520,422