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Consolidated Balance Sheets (Unaudited) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 11,396,185 $ 11,247,560
Accounts receivable, net 4,634,623 2,883,443
Costs and estimated earnings in excess of billings on contracts in progress 2,584,838 1,577,969
Inventories 5,213,550 4,497,349
Deferred income taxes – current 1,235,632 1,443,321
Other current assets 210,173 246,240
Total Current Assets 25,275,001 21,895,882
Property, plant and equipment, net 15,065,919 15,492,111
Construction in progress 347,242 128,171
Deferred income taxes – non-current 728,799 710,983
Restricted cash 400,000 800,000
Other assets 66,220 70,376
Intangible assets, net 57,896 44,116
Total Assets 41,941,077 39,141,639
Current Liabilities:    
Accounts payable and accrued expenses 3,937,633 2,274,442
Current maturities of long-term debt 720,000 720,000
Billings in excess of costs and estimated earnings on contracts in progress 544,524 252,890
Deferred revenue 324,354 204,527
Total Current Liabilities 5,526,511 3,451,859
Long-term debt, net of current portion 4,025,508 4,565,508
Total Liabilities 9,552,019 8,017,367
Commitments and Contingencies      
Stockholders’ Equity    
Common stock - $0.01 par value – 10,000,000 shares authorized; issued and outstanding, 6,140,707 at September 30, 2014 and 6,091,707 at December 31, 2013 61,407 60,917
Additional paid-in-capital 21,999,915 21,527,375
Retained earnings 10,327,736 9,535,980
Total Stockholders’ Equity 32,389,058 31,124,272
Total Liabilities and Stockholders’ Equity $ 41,941,077 $ 39,141,639