Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting by Segment

Information by segment is as follows:

	Fastener			Assembly Equipment		Other			Consolidated
Three Months Ended June 30, 2025
Net sales	$	6,412,298		$	900,862	$	—		$	7,313,160
Less: intercompany sales		(15,083	)		—		—			(15,083	)
Total sales to external customers		6,397,215			900,862		—			7,298,077
Cost of goods sold		5,764,491			558,524		—			6,323,015
Segment gross profit		632,724			342,338		—			975,062
Selling and engineering expenses		60,636			16,001		181,330			257,967
Administrative expenses		454,759			3,257		676,510			1,134,526
Operating income (loss)		117,329			323,080		(857,840	)		(417,431	)
Other income		—			—		2,383			2,383
Income (loss) before income taxes		117,329			323,080		(855,457	)	$	(415,048	)
Depreciation		277,108			27,429		—			304,537
Capital expenditures		51,020			—		—			51,020
Six Months Ended June 30, 2025
Net sales	$	12,607,849		$	1,987,526	$	—		$	14,595,375
Less: intercompany sales		(51,663	)		—		—			(51,663	)
Total sales to external customers		12,556,186			1,987,526		—			14,543,712
Cost of goods sold		10,905,358			1,005,550		—			11,910,909
Segment gross profit		1,650,828			981,975		—			2,632,803
Selling and engineering expenses		144,832			16,001		371,064			531,898
Administrative expenses		940,196			11,046		1,496,921			2,448,162
Operating income (loss)		565,800			954,929		(1,867,985	)		(347,257	)
Other income (1)		—			339,520		14,070			353,590
Income (loss) before income taxes		565,800			1,294,448		(1,853,915	)	$	6,333
Depreciation		566,907			54,858		—			621,765
Capital expenditures		93,703			—		—			93,703
Segment assets:
Accounts receivable, net		4,087,168			753,688		-			4,840,856
Inventories, net		4,868,858			1,571,352		-			6,440,210
Property, plant and equipment, net		8,982,835			1,224,258		-			10,207,093
Other assets		-			19,907		2,132,266			2,152,173
Total assets									$	23,640,332

(1) Includes a one-time gain of $339,520 in the Assembly Equipment segment, from the sale of the Albia manufacturing facility in February 2025.

	Fastener			Assembly Equipment		Other			Consolidated
Three Months Ended June 30, 2024
Net sales	$	6,924,210		$	1,149,927	$	—		$	8,074,137
Less: intercompany sales		(14,660	)		—		—			(14,660	)
Total sales to external customers		6,909,550			1,149,927		—			8,059,477
Cost of goods sold		5,873,710			770,321		—			6,644,031
Segment gross profit		1,035,840			379,606		—			1,415,446
Selling and engineering expenses		97,727			1,068		179,934			278,729
Administrative expenses		447,616			16,704		564,838			1,029,158
Operating income (loss)		490,497			361,834		(744,772	)		107,559
Other income		—			—		45,955			45,955
Income before income taxes									$	153,514
Depreciation		291,994			29,484		540			322,018
Capital expenditures		65,005			240,573		—			305,578
Six Months Ended June 30, 2024
Net sales	$	13,657,504		$	2,279,254	$	—		$	15,936,758
Less: intercompany sales		(24,100	)		—		—			(24,100	)
Total sales to external customers		13,633,404			2,279,254		—			15,912,658
Cost of goods sold		12,191,990			1,560,660		—			13,752,650
Segment gross profit		1,441,414			718,594		—			2,160,008
Selling and engineering expenses		195,726			1,068		360,029			556,823
Administrative expenses		1,144,315			33,071		1,221,543			2,398,929
Operating (loss) income		101,373			684,455		(1,581,572	)		(795,744	)
Other income		—			—		74,424			74,424
Loss before income taxes									$	(721,320	)
Depreciation		585,375			58,968		1,080		$	645,423
Capital expenditures		119,227			279,436		—		$	398,663
Segment Assets:
Accounts receivable, net		4,649,544			743,408		—			5,392,952
Inventories, net		5,378,034			1,559,661		—			6,937,695
Property, plant and equipment, net		9,789,160			1,569,698		—			11,358,858
Other assets		—			—		3,636,913			3,636,913
Total assets									$	27,326,418

Schedule of Revenue by Segment Information

The following table presents revenue by segment, further disaggregated by end-market:

	Fastener		Assembly Equipment		Consolidated
Three Months Ended June 30, 2025
Automotive	$	3,849,079	$	108,530	$	3,957,609
Non-automotive		2,548,136		792,332		3,340,468
Total net sales	$	6,397,215	$	900,862	$	7,298,077
Three Months Ended June 30, 2024
Automotive	$	4,842,415	$	108,043	$	4,950,458
Non-automotive		2,067,135		1,041,884		3,109,019
Total net sales	$	6,909,550	$	1,149,927	$	8,059,477
Six Months Ended June 30, 2025
Automotive		7,647,737	$	150,641	$	7,798,378
Non-automotive		4,908,449		1,836,885		6,745,334
Total net sales	$	12,556,186	$	1,987,526	$	14,543,712
Six Months Ended June 30, 2024
Automotive	$	9,471,706	$	156,709	$	9,628,415
Non-automotive		4,161,698		2,122,545		6,284,243
Total net sales	$	13,633,404	$	2,279,254	$	15,912,658

The following table presents revenue by segment, further disaggregated by location:

	Fastener		Assembly Equipment		Consolidated
Three Months Ended June 30, 2025
United States	$	4,460,995	$	650,105	$	5,111,100
Foreign		1,936,220		250,757		2,186,977
Total net sales	$	6,397,215	$	900,862	$	7,298,077
Three Months Ended June 30, 2024
United States	$	5,603,092	$	1,102,557	$	6,705,649
Foreign		1,306,458		47,370		1,353,828
Total net sales	$	6,909,550	$	1,149,927	$	8,059,477
Six Months Ended June 30, 2025
United States	$	9,236,162	$	1,565,797	$	10,801,959
Foreign		3,320,024		421,729		3,741,753
Total net sales	$	12,556,186	$	1,987,526	$	14,543,712
Six Months Ended June 30, 2024
United States	$	11,039,084	$	2,211,777	$	13,250,861
Foreign		2,594,320		67,477		2,661,797
Total net sales	$	13,633,404	$	2,279,254	$	15,912,658