XML 32 R21.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Segment Reporting: Schedule of Segment Reporting by Segment (Details) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Net sales $ 7,853,181 $ 8,729,725  
Depreciation 323,405 306,032  
Accounts receivable - Less allowances of $160,000 5,463,717   $ 4,275,882
Inventories, net 6,746,675   7,327,653
Net property, plant and equipment 11,375,298   $ 11,665,082
Fastener      
Net sales 6,723,854 7,856,813  
Depreciation 293,381 272,636  
Segment operating profit (389,124) (428,501)  
Selling and Administrative Expenses 0 0  
Interest income 0 0  
Capital expenditures 54,222 336,066  
Accounts receivable - Less allowances of $160,000 4,871,135 5,857,565  
Inventories, net 5,227,398 8,566,031  
Net property, plant and equipment 9,159,982 9,625,759  
Other Assets 0 0  
Assembly Equipment      
Net sales 1,129,327 872,912  
Depreciation 29,484 30,732  
Segment operating profit 322,621 189,315  
Selling and Administrative Expenses 0 0  
Interest income 0 0  
Capital expenditures 38,863 0  
Accounts receivable - Less allowances of $160,000 592,582 315,509  
Inventories, net 1,519,277 1,432,921  
Net property, plant and equipment 1,195,183 1,272,765  
Other Assets 0 0  
Corporate Segment      
Net sales 0 0  
Depreciation 540 2,664  
Segment operating profit 0 0  
Selling and Administrative Expenses (836,800) (538,537)  
Interest income 28,469 40,586  
Capital expenditures 0 77,353  
Accounts receivable - Less allowances of $160,000 0 0  
Inventories, net 0 0  
Net property, plant and equipment 1,020,133 1,070,656  
Other Assets $ 4,207,043 $ 5,551,041