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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (78,292) $ (1,022,117)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 2,442,036 2,328,179
Amortization of intangible assets 19,104 19,104
Amortization and write-off of debt issuance costs 7,841 102,724
Forgiveness of debt (937,700)
Deferred income taxes (14,631)
Stock-based compensation 144,313 253,135
Loss on disposal of fixed assets 30,963 39,303
Non-cash rent expense 10,716 15,320
Changes in:    
Trade accounts receivable (897,428) (159,636)
Accrued interest income 495 27,258
Inventory (997,460) 425,742
Prepaid expenses and other current assets 26,064 (61,695)
Other assets 58 711
Accounts payable and accrued expenses 245,760 299,881
Net cash provided by operating activities 954,170 1,315,578
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (2,608,649) (4,072,539)
Maturities of investment 996,000 3,449,000
Purchases of investments (1,992,000)
Proceeds from sale of assets 15,290 45,600
Net cash used for investing activities (1,597,359) (2,569,939)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from public offering, net 4,233,026
Proceeds from debt issuance 400,000 11,537,700
Debt principal repayments (768,271) (9,573,568)
Payments of debt issuance costs 2,272 (53,136)
Proceeds from exercise of stock options 11,693 9
Net cash provided by financing activities 3,878,720 1,911,005
NET INCREASE IN CASH AND CASH EQUIVALENTS 3,235,531 656,644
BEGINNING CASH AND CASH EQUIVALENTS 6,949,937 6,293,293
ENDING CASH AND CASH EQUIVALENTS 10,185,468 6,949,937
CASH PAID FOR:    
Income taxes 5,110 4,581
Interest expense 308,682 481,408
NON-CASH ACTIVITIES:    
Forgiveness of debt (937,700)
Change in capital expenditures included in accounts payable and accrued expenses (18,263) (170,220)
Net change in fair value of interest rate swaps, net of taxes (43,895)
Surrender of shares to exercise stock options $ 165,337 $ 39,366