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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net (loss) income $ (1,773,204) $ 5,938,279
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Gain on sale of building 0 (6,894,109)
Gain on debt extinguishment 0 (2,443,418)
Stock-based compensation 307,379 217,942
Depreciation and amortization 537,903 585,082
Changes in assets and liabilities:    
Accounts receivable (1,404,506) (844,185)
Contract assets (614,096) (1,133,887)
Inventories (908,753) (341,905)
Tax receivable 715,599 0
Other current assets (66,230) 491,764
Accounts payable 362,512 36,226
Accrued expenses 686,851 95,281
Contract liabilities (172,532) 717,688
Total adjustments (555,873) (9,513,521)
Net cash used in operating activities (2,329,077) (3,575,242)
Cash flows from investing activities:    
Net proceeds from sale of building 0 23,075,477
Net proceeds from sale of assets 10,000 0
Capitalized patents costs (52,911) 0
Capital expenditures (637,954) (212,920)
Net cash (used in) provided by investing activities (680,865) 22,862,557
Cash flows from financing activities:    
Repayments of long-term debt (1,765,508) (9,540,246)
Net cash used in financing activities (1,765,508) (9,540,246)
Net (decrease) increase in cash and cash equivalents (4,775,450) 9,747,069
Cash and cash equivalents at beginning of period 16,651,371 7,699,335
Cash and cash equivalents at end of period 11,875,921 17,446,404
Supplemental disclosure of cash flow information:    
Income taxes paid 890 28,391
Interest paid 8.157 250,194
Non-cash investing and financing activities:    
Loan obtained for new equipment $ 432,000 $ 0