CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
CURRENT ASSETS:
Cash	$ 7,633,002	$ 9,240,638	$ 6,830,927
Accounts Receivable, Less, Allowances of $0 (03/31/17), $1,215,153 (12/31/16) and $0 (03/31/16)	1,492,633	2,108,608	1,619,055
Inventories:
Raw Materials	8,030,485	5,254,103	7,630,291
Work in Process	12,472	1,026,657	12,146
Supplies	165,446	165,446	161,258
Finished Goods	1,875,841	1,858,827	2,489,151
Income Tax Receivable	257,752	0	271,004
Prepaid Expenses and Other Current Assets	179,015	296,851	141,601
Total Current Assets	19,646,646	19,951,130	19,155,433
Property, Plant and Equipment, Less, Accumulated Depreciation of $18,766,538 (03/31/17), $18,650,822 (12/31/16) and $18,397,189 (03/31/16)	4,508,209	4,162,636	4,006,193
PROPERTY, PLANT AND EQUIPMENT:
Goodwill	413,280	413,280	413,280
Customer Base and Non-Compete Agreement	0	0	28,732
Other Assets	316,242	393,994	352,538
TOTAL ASSETS	24,884,377	24,921,040	23,956,176
CURRENT LIABILITIES:
Short Term Debt	656,653	42,938	702,801
Accounts Payable	934,874	808,696	948,384
Accrued Expenses	451,557	689,177	291,861
Total Current Liabilities	2,043,084	1,540,811	1,943,046
DEFERRED INCOME TAX LIABILITY	126,482	126,482	73,291
Total Liabilities	2,169,566	1,667,293	2,016,337
STOCKHOLDERS’ EQUITY:
Common Stock: $0.30 Par Value, 2,000,000 Shares Authorized, 583,094 Shares Issued, 519,600 Shares Outstanding	174,928	174,928	174,928
Capital in Excess of Par Value	1,288,793	1,288,793	1,288,793
Retained Earnings	21,524,309	22,063,245	20,749,337
Treasury Stock, at Cost, 63,494 Shares	(273,219)	(273,219)	(273,219)
Total Stockholders’ Equity	22,714,811	23,253,747	21,939,839
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 24,884,377	$ 24,921,040	$ 23,956,176

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.