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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,273,619 $ 1,231,265
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 465,522 458,118
Loss on disposal or abandonment of assets 798 335
Non-cash stock-based compensation 28,969 44,794
Deferred income taxes (49,498) (103,187)
Foreign currency translation 24,388 344,789
Net changes in assets and liabilities:    
Accounts receivable-trade (42,110) 36,292
Inventory 539,337 (1,204,464)
Prepaid expenses (103,058) (101,357)
Other current assets 110,617 (126,374)
Accounts payable-trade 6,055 802,561
Accrued expenses and other liabilities (1,246,439) (1,717,366)
Income taxes 146,483 489,836
Total adjustments (118,936) (1,076,023)
Net cash provided by operating activities 1,154,683 155,242
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (240,020) (599,757)
Increase (decrease) in other assets 957 (10,578)
Net cash used in investing activities (239,063) (610,335)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable and long term debt 540,940
Repurchase of common stock (treasury stock) (540,940)
Net cash used in financing activities
NET INCREASE (DECREASE) IN CASH 915,620 (455,093)
CASH, beginning of period 18,337,258 16,862,304
CASH, end of period 19,252,878 16,407,211
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid during the period 64,642 36,344
Income tax paid during the period, net of (refunds) $ 372,587 $ 17,303