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Note 14 - Subsequent Events - Sale of 555 Building - Proforma Balance Sheet (Details) - USD ($)
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Cash and cash equivalents $ 5,387,896   $ 7,699,335      
Accounts receivable, net 1,147,451   1,047,728      
Contract assets 1,066,382   494,281      
Inventories, net 1,297,202   1,123,839      
Taxes Receivable 715,599   715,599      
Other current assets 460,260   709,175      
Assets held for sale 16,181,368   0      
Total Current Assets 26,256,158   11,789,957      
Property, plant and equipment, net 12,405,495   28,843,563      
Intangible assets, net 234,633   288,657      
Other assets 23,318   13,748      
Total Assets 38,919,604   40,935,925 $ 48,325,000    
Accounts payable 910,731   817,933      
Accrued expenses 1,766,245   1,409,039      
Current maturities of long-term debt 1,915,508   690,667      
Contract Liabilities 1,001,071   786,657      
Liabilities held for sale 9,123,151   0      
Total Current Liabilities 14,716,706   3,704,296      
Long-term debt, net of current portion 0   13,106,057      
Total Liabilities 14,716,706   16,810,353      
Commitments and contingencies (see note 13)        
Stockholders’ Equity:            
Common stock - $0.01 par value – 20,000,000 shares authorized; issued and outstanding 6,684,281 at June 30, 2021 and 6,678,698 at December 31, 2020 66,842   66,786      
Additional paid-in capital 27,074,079   26,961,684      
Retained earnings (2,938,023)   (2,902,898)      
Total Stockholders’ Equity 24,202,898 $ 22,670,395 24,125,572 $ 30,623,246 $ 31,688,971 $ 29,957,845
Total Liabilities and Stockholders’ Equity 38,919,604   $ 40,935,925      
Scenario, Adjustment [Member]            
Cash and cash equivalents [1] 13,976,766          
Other current assets [2] (110,534)          
Assets held for sale [3] (16,181,368)          
Total Current Assets (2,315,136)          
Total Assets (2,315,136)          
Accrued expenses [4] (142,255)          
Liabilities held for sale [5] (9,123,151)          
Total Current Liabilities (9,265,406)          
Total Liabilities (9,265,406)          
Stockholders’ Equity:            
Retained earnings [6] 6,950,270          
Total Stockholders’ Equity 6,950,270          
Total Liabilities and Stockholders’ Equity (2,315,136)          
Pro Forma [Member]            
Cash and cash equivalents 19,364,662          
Accounts receivable, net 1,147,451          
Contract assets 1,066,382          
Inventories, net 1,297,202          
Taxes Receivable 715,599          
Other current assets 349,726          
Total Current Assets 23,941,022          
Property, plant and equipment, net 12,405,495          
Intangible assets, net 234,633          
Other assets 23,318          
Total Assets 36,604,468          
Accounts payable 910,731          
Accrued expenses 1,623,990          
Current maturities of long-term debt 1,915,508          
Contract Liabilities 1,001,071          
Total Current Liabilities 5,451,300          
Long-term debt, net of current portion 0          
Total Liabilities 5,451,300          
Commitments and contingencies (see note 13)          
Stockholders’ Equity:            
Common stock - $0.01 par value – 20,000,000 shares authorized; issued and outstanding 6,684,281 at June 30, 2021 and 6,678,698 at December 31, 2020 66,842          
Additional paid-in capital 27,074,079          
Retained earnings 4,012,247          
Total Stockholders’ Equity 31,153,168          
Total Liabilities and Stockholders’ Equity $ 36,604,468          
[1] Net proceeds from sale of building, net of full payment of 555 Building mortgage, and related closing fees.
[2] Receipt of apportionment of prepaid Pilot taxes, and broker fees on rental space at 555 Building.
[3] Building related assets sold.
[4] Payment of 555 Building tenant escrow deposit to buyer of 555 Building.
[5] Mortgage at 555 Building paid off at closing of sale of building.
[6] Approximate net income from sale of building net of related costs