XML 15 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Cash flows from operating activities:    
Net income (loss) $ (924,389) $ (200,395)
Depreciation and amortization 412,982 380,901
Share-based compensation 149,068 153,557
Deferred taxes (623,000) (237,000)
Excess tax benefit from stock options exercised (2,814)
Gain on sale of property and equipment (40,000)
Changes in:    
Accounts receivable-trade, net (1,074,569) 1,116,298
Inventories 295,623 490,523
Prepaid expenses 8,864 (11,500)
Accounts payable 174,735 (804,996)
Accrued expenses (8,075) (322,968)
Net cash provided by (used in) operating activities (1,588,761) 521,606
Cash flows from investing activities:    
Purchases of property and equipment (129,389) (520,430)
Proceeds from sale of property and equipment 40,000
Net cash used in investing activities (129,389) (480,430)
Cash flows from financing activities:    
Proceeds from issuance of common stock 11,836
Excess tax benefit from stock options exercised 2,814
Repurchase of common stock (10,000)
Net cash provided by financing activities 4,650
Net change in cash and cash equivalents (1,718,150) 45,826
Cash and cash equivalents at beginning of period 3,407,760 3,412,649
Cash and cash equivalents at end of period 1,689,610 3,458,475
Supplemental cash flow information:    
Cash paid for taxes, net of refunds $ 8,000