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BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash $ 1,290,797 $ 1,322,743
Accounts receivable, net of allowance for doubtful accounts of $165,840 at December 31, 2018 and $181,473 at December 31, 2017 2,866,474 3,053,280
Inventory 762,165 466,207
Prepaid expenses and other current assets 291,837 464,385
TOTAL CURRENT ASSETS 5,211,273 5,306,615
LONG-TERM ASSETS    
Property and equipment, net 86,656 71,786
Contract and other long-term assets 528,401 967,092
Long-term accounts receivable - financed contracts 1,030,354 1,515,120
TOTAL LONG-TERM ASSETS 1,645,411 2,553,998
TOTAL ASSETS 6,856,684 7,860,613
CURRENT LIABILITIES    
Accounts payable and accrued expenses 387,868 572,485
Payroll liabilities 34,388 30,085
Notes payable 2,221 0
Customer deposits 334,784 18,168
Income tax payable 53,027 62,627
TOTAL CURRENT LIABILITIES 812,288 683,365
LONG-TERM LIABILITIES    
Contract liabilities 1,690,660 3,313,772
Deferred tax liability 555,000 516,000
TOTAL LIABILITIES 3,057,948 4,513,137
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 25,000,000 shares authorized: 4,656,734 shares issued, 4,528,669 and 4,511,965 shares outstanding at December 31, 2018 and December 31, 2017, respectively 4,529 4,512
Additional paid-in capital 1,795,955 1,809,511
Retained earnings 2,194,778 1,679,813
Stockholders' Equity before Treasury Stock 3,995,262 3,493,836
Treasury stock, 128,065 and 144,769 shares (at cost) at December 31, 2018 and December 31, 2017, respectively (196,526) (146,360)
TOTAL STOCKHOLDERS' EQUITY 3,798,736 3,347,476
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,856,684 $ 7,860,613