Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current Assets:
Cash	$ 12,684,935	$ 11,123,726
Trade accounts receivable less allowances of approximately $632,000 and $326,000, respectively	9,544,133	8,326,939
Receivables due from affiliated companies	1,211,999	1,496,104
Restricted cash		477,426
Inventories, net	16,819,253	13,175,756
Prepaid expenses and other current assets	2,093,971	1,259,786
Total Current Assets	42,354,291	35,859,737
Property, plant and equipment, net	16,360,218	10,101,962
Operating lease – right to use	182,543	268,920
Intangible assets, net	1,380,652	1,665,299
Total Assets	60,277,704	47,895,918
Current Liabilities:
Current portion of long-term debt, net	736,531	500,694
Current portion of operating lease liability	89,600	86,377
Accounts payable - trade	2,877,623	1,966,010
Income taxes payable	45,295
Accrued expenses payable	900,982	1,142,825
Total Current Liabilities	4,650,031	3,695,906
Deferred tax liability	347,723	380,218
Operating lease liability, less current portion	92,943	182,543
Long-term debt, less current portion and debt issuance costs	7,750,889	3,730,180
Total Liabilities	12,841,586	7,988,847
COMMITMENTS AND CONTINGENCIES
Shareholders’ Equity:
Common stock - $.01 par value, 12,000,000 shares authorized; 9,503,999 shares and 9,481,799 shares issued and outstanding, respectively	95,040	94,818
Additional paid in capital	11,077,706	10,816,100
Accumulated other comprehensive loss	(292,336)	(294,324)
Retained earnings	36,555,708	29,290,477
Total Shareholders’ Equity	47,436,118	39,907,071
Total Liabilities and Shareholders’ Equity	$ 60,277,704	$ 47,895,918