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Balance Sheets (Unaudited) - USD ($)
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 8,681,225 $ 8,266,753
Accounts receivable-trade, net 5,074,559 3,777,975
Accounts receivable-other 74,639 685,668
Inventories, net 4,813,753 4,875,901
Prepaid expenses and other current assets 288,315 211,242
Total current assets 18,932,491 17,817,539
Property and equipment:    
Production equipment 11,028,500 10,770,427
Furniture and office equipment 952,883 952,883
Leasehold improvements 985,649 985,649
Total cost 12,967,032 12,708,959
Accumulated depreciation and amortization (11,699,870) (11,446,901)
Construction in progress 240,415 64,910
Net property and equipment 1,507,578 1,326,968
Right-of-use lease asset 400,000 466,000
Deferred taxes, net 1,664,032 2,069,436
Total assets 22,504,101 21,679,943
LIABILITIES AND STOCKHOLDERS` EQUITY    
Common stock, $0.01 par value, authorized 20,000,000 shares; issued 14,546,487 and 14,460,486 shares; outstanding 14,511,544 and 14,450,470 shares; at July 1, 2023 and December 31, 2022, respectively 145,465 144,605
Additional paid-in capital 39,978,453 39,726,851
Accumulated deficit (23,065,388) (24,125,092)
Less cost of 34,943 and 10,016 common shares repurchased at July 1, 2023 and December 31, 2022, respectively (111,938) (40,848)
Total stockholders` equity 16,946,592 15,705,516
Total liabilities and stockholders` equity 22,504,101 21,679,943
Current liabilities:    
Note payable, current portion 56,681 43,711
Accounts payable 2,359,532 1,836,865
Accrued expenses 861,514 820,856
Deferred revenue 1,828,068 2,521,128
Current lease liability 158,000 157,000
Total current liabilities 5,263,795 5,379,560
Note payable less current portion 20,437 54,847
Deferred revenue – long term 31,277 231,020
Long-term lease liability 242,000 309,000
Total liabilities 5,557,509 5,974,427
Commitments and contingencies (note 4)