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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,592,177 $ 2,780,411
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 1,310,774 1,466,534
Loss on disposal or abandonment of assets 4,556 10,484
Non-cash stock-based compensation 76,447 205,380
Deferred income taxes (115,460) (214,092)
Foreign currency translation (93,163) 961,860
Net changes in assets and liabilities:    
Accounts receivable-trade 42,600 31,606
Inventory (3,409,433) (7,970,520)
Prepaid expenses 125,034 (43,507)
Other current assets (111,688) (212,527)
Accounts payable-trade 28,525 947,132
Accrued expenses and other liabilities (609,577) (1,323,785)
Income taxes payable (475,082) 16,816
Total adjustments (3,226,467) (6,124,619)
Net cash used in operating activities (634,290) (3,344,208)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (887,679) (1,530,547)
Proceeds from sale of assets 17,718 699
Increase in other assets (5,736) (32,268)
Net cash used in investing activities (875,697) (1,562,116)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable and long term debt 982,939
Repurchase of common stock (treasury stock) (995,238)
Proceeds from exercise of stock options 223,404
Net cash (used in) provided by financing activities (12,299) 223,404
NET DECREASE IN CASH (1,522,286) (4,682,920)
CASH, beginning of period 18,337,258 16,862,304
CASH, end of period 16,814,972 12,179,384
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid during the period 223,534 143,165
Income tax paid during the period, net of refunds $ 1,967,176 $ 1,218,410