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Note 4 - Revenue Disaggregation (Tables)
6 Months Ended
Jun. 30, 2021
Notes Tables  
Disaggregation of Revenue [Table Text Block]
  

Three Month's Ending June 30, 2021

 
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $197  $577  $774 

Industrial

 $1,226  $1,293  $2,519 

Research

 $365  $376  $741 

Total

 $1,788  $2,246  $4,034 
  

Three Month's Ending June 30, 2020

 
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $134  $1,699  $1,833 

Industrial

 $259  $623  $882 

Research

 $495  $509  $1,004 

Total

 $888  $2,831  $3,719 
  

Six Month's Ending June 30, 2021

     
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $386  $1,103  $1,489 

Industrial

 $2,595  $1,968  $4,563 

Research

 $552  $796  $1,348 

Total

 $3,533  $3,867  $7,400 
  

Six Month's Ending June 30, 2020

     
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $1,299  $3,884  $5,183 

Industrial

 $386  $1,484  $1,870 

Research

 $1,089  $1,613  $2,702 

Total

 $2,774  $6,981  $9,755 
Schedule Of Cost And Estimated Earnings In Excess Of Billings [Table Text Block]
  

2021

 

Costs incurred on contracts in progress

 $4,882,600 

Estimated earnings

  2,900,056 
   7,782,656 

Billings to date

  (7,098,362)
  $684,294 

Deferred revenue related to non-systems contracts

  (618,984)
   65,310 

Included in accompanying balance sheets

    

Under the following captions:

    

Contract assets

 $1,066,382 

Contract liabilities

 $(1,001,072)