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STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,049,274 $ 774,133
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and accretion 203,944 230,689
Amortization of right of use asset 43,841 40,792
Amortization of patents 2,207 2,207
Stock based compensation 31,972 30,563
(Gain) loss on disposal of equipment (5,166) 3,224
Deferred tax asset 132,100 131,002
Gain on extinguishment of debt   (325,300)
Inventory reserve (16,855) 600
Changes in operating assets and liabilities:    
Accounts receivable (287,692) (144,555)
Inventories (2,527,575) (3,066,009)
Prepaid expenses 632,305 (151,276)
Other assets (2) 2,656
Accounts payable 180,425 286,866
Operating lease obligations (47,736) (43,565)
Accrued expenses and customer deposits 2,099,024 3,477,435
Net cash provided by operating activities 1,490,066 1,249,462
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds on sale of equipment 5,166 591
Purchases of property and equipment (179,140) (558,828)
Net cash used in investing activities (173,974) (558,237)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payment of cumulative dividends on preferred stock   (24,152)
Principal payments on finance lease obligations and notes payable (47,824) (87,422)
Net cash used in financing activities (47,824) (111,574)
NET INCREASE IN CASH 1,268,268 579,651
CASH - Beginning of period 4,140,942 2,917,551
CASH - End of period 5,409,210 3,497,202
Cash paid during the period for:    
Interest 4,826 5,895
Income taxes 10,863 2,778
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Increase in asset retirement obligation $ 3,450 $ 3,450