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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenue    
Product sales $ 28,500 $ 26,776
Barrier rentals 9,925 6,879
Royalty income 2,216 1,688
Shipping and installation revenue 10,001 8,519
Total revenue 50,642 43,862
Cost of goods sold 36,222 32,820
Gross profit 14,420 11,042
General and administrative expenses 5,416 4,989
Selling expenses 2,836 2,294
Total operating expenses 8,252 7,283
Operating income 6,168 3,759
Other income (expense)    
Interest expense 190 217
Interest income 35 35
Gain on sale of assets 317 133
Gain on forgiveness of PPP loan 2,692 0
Other Income 72 82
Total other income (expense), net 2,926 33
Income before income tax expense 9,094 3,792
Income tax expense 1,524 1,127
Net income $ 7,570 $ 2,665
Basic earnings per share $ 1.45 $ 0.51
Diluted earnings per share $ 1.43 $ 0.51