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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue $ 4,655,727 [1] $ 3,365,860
Cost of revenue 3,886,176 2,921,554
Gross profit 769,551 444,306
Operating expenses    
Engineering, research and development 310,207 310,954
Selling and shipping 272,679 135,755
General and administrative 1,192,653 1,616,384
Total operating expenses 1,775,539 2,063,093
Operating loss (1,005,988) [1] (1,618,787)
Other income (expense):    
Interest income 18,282 1,223
Interest expense (9,634) (107,221)
Other Income 0 219,235
Total other income, net 8,648 113,237
Loss before income tax (997,340) [1] (1,505,550)
Income tax expense 0 0
Net loss $ (997,340) $ (1,505,550)
Basic loss per common share (in dollars per share) $ (0.15) $ (0.23)
Diluted loss per common share (in dollars per share) $ (0.15) $ (0.23)
Weighted average common shares Outstanding-basic (in shares) 6,725,042 6,680,130
Weighted average common shares Outstanding-diluted (in shares) 6,725,042 6,680,130
[1] All elimination entries represent intersegment revenues eliminated in consolidation for external financial reporting.