CONDENSED BALANCE SHEETS - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 13,417,554	$ 29,162,913
Accounts receivable, net	17,901,973	34,859,505
Amounts receivable under Technology Investment Agreement (TIA)	1,836,826	5,924,136
Investments in equity securities, at fair value	26,314,374	13,268,986
Inventories	18,519,177	20,589,919
Income taxes receivable	13,027,101
Other current assets	767,281	701,969
Total current assets	91,784,286	104,507,428
Property, plant, and equipment, net	98,821,412	87,925,651
Deferred tax asset	9,971,960	13,865,834
Other assets	5,674	5,675
Total assets	200,583,332	206,304,588
Current liabilities:
Accounts payable	8,132,977	20,404,573
Current portion of long-term debt	291,111	289,114
Accrued compensation	817,064	1,056,656
Dividends payable	1,417,937	1,438,371
Accrued royalties to shareholder	1,488,811	3,450,684
Other accrued liabilities	2,845,672	3,725,527
Income taxes payable		4,959,878
Total current liabilities	14,993,572	35,324,803
Other long-term liabilities	75,006,588	69,996,330
Long-term debt, net of current maturities	1,598,537	1,814,194
Total liabilities	91,598,697	107,135,327
Commitments and contingencies - see Note 8
Preferred stock, $1 par value:
Common Stock, no par value	0	0
Additional paid-in capital	66,472,660	63,024,888
Retained earnings	50,368,208	41,182,429
Common stock in treasury - at cost	(8,088,678)	(5,270,501)
Total stockholders' equity	108,984,635	99,169,261
Total liabilities and stockholders' equity	200,583,332	206,304,588
Series II, Class B
Preferred stock, $1 par value:
Preferred stock	156,200	156,200
Series III, Class B
Preferred stock, $1 par value:
Preferred stock	$ 76,245	$ 76,245