Segment Reporting: Schedule of Segment Reporting by Segment (Tables)

3 Months Ended

Mar. 31, 2024

Tables/Schedules

Schedule of Segment Reporting by Segment

	Fastener	Assembly Equipment	Unallocated Corporate	Consolidated
Three Months Ended March 31, 2024:
Net sales	$      6,723,854	$    1,129,327	0	$      7,853,181
Depreciation	293,381	29,484	540	323,405
Segment operating profit (loss)	(389,124)	322,621	0	(66,503)
Selling and administrative expenses	0	0	(836,800)	(836,800)
Interest income	0	0	28,469	28,469
Loss before income taxes				$     (874,834)
Capital expenditures	54,222	38,863	0	93,085
Segment assets:
Accounts receivable, net	4,871,135	592,582	0	5,463,717
Inventories, net	5,227,398	1,519,277	0	6,746,675
Property, plant and equipment, net	9,159,982	1,195,183	1,020,133	11,375,298
Other assets	0	0	4,207,043	4,207,043
				$    27,792,733
Three Months Ended March 31, 2023:
Net sales	$      7,856,813	$      872,912	0	$      8,729,725
Depreciation	272,636	30,732	2,664	306,032
Segment operating profit (loss)	(428,501)	189,315	0	(239,186)
Selling and administrative expenses	0	0	(538,537)	(538,537)
Interest income	0	0	40,586	40,586
Loss before income taxes				$     (737,137)
Capital expenditures	336,066	0	77,353	413,419
Segment assets:
Accounts receivable, net	5,857,565	315,509	0	6,173,074
Inventories, net	8,566,031	1,432,921	0	9,998,952
Property, plant and equipment, net	9,625,759	1,272,765	1,070,656	11,969,180
Other assets	0	0	5,551,041	5,551,041
				$    33,692,247