Condensed Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2026		Dec. 31, 2025
ASSETS
Cash and cash equivalents	$ 6,812,637		$ 3,806,831
Trade accounts receivable	2,694,418		3,419,009
Inventory	8,673,752		9,267,369
Prepaid expenses and other current assets	681,215		451,673
Total current assets	18,862,022		16,944,882
Property, plant and equipment, net	20,777,226		21,074,694
Operating lease right-of-use asset	4,339,415		4,379,628
Goodwill	95,557		95,557
Other assets	34,154		37,686
TOTAL ASSETS	44,108,374	[1]	42,532,447
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current portion of debt obligations	1,628,540		1,610,185
Current portion of operating lease liability	88,586		85,489
Accounts payable and accrued expenses	2,195,950		2,282,583
Total current liabilities	3,913,076		3,978,257
Debt obligations, net of current portion	7,073,726		7,488,922
Operating lease liability, net of current portion	3,986,532		4,009,788
Total long-term liabilities	11,060,258		11,498,710
TOTAL LIABILITIES	14,973,334		15,476,967
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Common stock, $0.10 par value per share, 15,000,000 shares authorized and 9,105,622 shares issued and 9,046,799 and 9,045,851 shares outstanding, as of March 31, 2026 and December 31, 2025, respectively.	910,563		910,563
Additional paid-in capital	41,680,837		41,479,430
Accumulated deficit	(13,262,146)		(15,203,753)
Treasury stock, at cost, 58,823 and 59,771 shares as of March 31, 2026 and December 31, 2025, respectively	(194,214)		(130,760)
TOTAL STOCKHOLDERS’ EQUITY	29,135,040		27,055,480
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 44,108,374		$ 42,532,447

[1] As of March 31, 2026, property, plant and equipment, net includes approximately $12,300,000 of idle assets, which primarily related to one of our manufacturing facilities that was previously utilized for Re-Tain® that we now plan to refit for use in producing First Defense® products.