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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 991,143 $ 3,572,405
Investment securities, available-for-sale, at fair value 1,026,793 1,013,417
Accounts receivable, net    
Trade - billed (less allowance for doubtful accounts of $296,276 and $356,253) 10,258,618 4,092,924
Trade - unbilled 101,618 240,635
Inventories    
Raw materials 748,090 353,089
Finished goods 1,420,243 1,373,455
Prepaid expenses and other assets 236,123 126,047
Refundable income taxes 67,221 722,948
Deferred taxes 619,000 441,000
Total current assets 15,468,849 11,935,920
Property and equipment, net 4,464,707 4,106,611
Other assets 269,260 255,385
Total assets 20,202,816 16,297,916
Current liabilities    
Accounts payable - trade 2,811,671 1,152,506
Accrued expenses and other liabilities 1,158,949 539,549
Accrued compensation 698,109 442,651
Income taxes payable 366,894 363,821
Customer deposits 1,168,402 432,274
Total current liabilities 6,204,025 2,930,801
Notes payable - less current maturities 2,049,182 2,230,364
Deferred tax liability 598,000 663,000
Total liabilities 8,851,207 5,824,165
Commitments and contingencies 0 0
Stockholders’ equity    
Preferred stock, $.01 par value; authorized 1,000,000 shares, none outstanding 0 0
Common stock, $.01 par value; authorized 8,000,000 shares; 4,893,548 and 4,881,548 issued and outstanding 48,935 48,815
Additional paid-in capital 5,062,418 5,041,438
Accumulated other comprehensive loss, net (20,771) (6,629)
Retained earnings 6,363,327 5,492,427
Stockholders' Equity before Treasury Stock 11,453,909 10,576,051
Treasury stock, at cost, 40,920 shares (102,300) (102,300)
Total stockholders’ equity 11,351,609 10,473,751
Total liabilities and stockholders' equity $ 20,202,816 $ 16,297,916