Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 11,439,361	$ 14,210,909
Accounts receivable, net	4,065,220	2,058,617
Contract assets	1,357,797	8,397,024
Inventories, net	1,861,873	2,965,623
Other current assets	723,204	167,425
Total Current Assets	19,447,455	27,799,598
Property, plant and equipment, net	30,402,558	28,839,457
Deferred income taxes	2,104,414	1,609,186
Other assets	64,583	67,847
Intangible assets, net	495,552	662,162
Total Assets	52,514,562	58,978,250
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable	713,194	1,174,968
Accrued expenses	1,503,309	2,738,373
Current maturities of long-term debt	857,590	747,324
Contract Liabilities	536,524	466,313
Deferred revenue	459,899	291,953
Total Current Liabilities	4,070,516	5,418,931
Long-term acquisition related contingent payments		200,000
Long-term debt, net of current portion	12,051,720	12,705,683
Total Long-Term Liabilities	12,051,720	12,905,683
Total Liabilities	16,122,236	18,324,614
Commitments and contingencies
Stockholders’ Equity:
Common stock - $0.01 par value – 20,000,000 shares authorized; issued and outstanding 6,535,888 at December 31, 2018 and 6,458,714 at December 31, 2017	65,358	64,587
Additional paid-in capital	26,148,256	25,209,316
Retained earnings	10,178,712	15,379,733
Total Stockholders’ Equity	36,392,326	40,653,636
Total Liabilities and Stockholders’ Equity	$ 52,514,562	$ 58,978,250