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Note 4 - Revenue Disaggregation (Tables)
3 Months Ended
Mar. 31, 2022
Notes Tables  
Disaggregation of Revenue [Table Text Block]
  

Three Month's Ending March 31, 2022

 
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $-  $705  $705 

Energy, storage and transmission

 $899  $7  $906 

Industrial

 $997  $872  $1,869 

Research

 $706  $470  $1,176 

Total

 $2,602  $2,054  $4,656 
  

Three Month's Ending March 31, 2021

 
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $189  $526  $715 

Energy, storage and transmission

 $-  $-  $- 

Industrial

 $1,369  $675  $2,044 

Research

 $187  $420  $607 

Total

 $1,745  $1,621  $3,366 
Schedule Of Cost And Estimated Earnings In Excess Of Billings [Table Text Block]
  

2022

 

Costs incurred on contracts in progress

 $6,878,958 

Estimated earnings

  4,792,589 
   11,671,547 

Billings to date

  (9,510,318)
  $2,161,229 

Deferred revenue related to non-systems contracts

  (163,791)
   1,997,438 

Included in accompanying balance sheets

    

Under the following captions:

    

Contract assets

 $2,717,823 

Contract liabilities

 $(720,385)