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Statements of Operations and Other Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Product sales $ 4,247,116 $ 6,285,041 $ 15,190,063 $ 20,803,447
Total revenues 4,247,116 6,285,041 15,190,063 20,803,447
Cost of product sales 4,770,548 5,049,177 15,037,177 15,126,621
Gross margin (523,432) 1,235,864 152,886 5,676,826
Selling, general, and administrative expense 963,064 1,105,227 3,214,831 4,121,099
Income (loss) from operations (1,486,496) 130,637 (3,061,945) 1,555,727
Interest income (expense), net 71,650 78,181 241,686 176,325
Other income (expense), net (676) (1,228) 159 (4,130)
Net income (loss) before income tax (1,415,522) 207,590 (2,820,100) 1,727,922
Income tax provision (benefit) (372,683) 36,509 (679,803) 497,137
Net income (loss) (1,042,839) 171,081 (2,140,297) 1,230,785
Net unrealized gains on available for sale securities 8,745   17,446  
Total other comprehensive income 8,745   17,446  
Total comprehensive income (loss) $ (1,034,094) $ 171,081 $ (2,122,851) $ 1,230,785
Net income (loss) per basic common share (in dollars per share) $ (0.07) $ 0.01 $ (0.15) $ 0.08
Weighted average number of basic common shares outstanding (in shares) 14,525,664 14,517,364 14,521,365 14,487,873
Net income (loss) per diluted common share (in dollars per share) $ (0.07) $ 0.01 $ (0.15) $ 0.08
Weighted average number of diluted common shares outstanding (in shares) 14,525,664 14,636,241 14,521,365 14,632,591