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BALANCE SHEETS (USD $)
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 2,320,437 $ 2,673,719
Short-term investments 2,985,000 2,240,000
Trade accounts receivable, net of allowance for doubtful accounts of $14,957 as of March 31, 2013 and $15,111 as of December 31, 2012 689,600 574,146
Other receivables 22,945 36,860
Income taxes receivable 348 348
Inventory 1,442,977 1,649,002
Prepaid expenses 202,496 157,930
Current portion of deferred tax asset 3,063 31,177
Total current assets 7,666,866 7,363,182
NET PROPERTY, PLANT AND EQUIPMENT, at cost 2,277,755 2,357,609
LONG-TERM PORTION OF DEFERRED TAX ASSET 1,103,851 1,245,982
OTHER ASSETS, net 63,015 63,634
TOTAL ASSETS 11,111,487 11,030,407
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accrued expenses 232,599 255,568
Accounts payable 168,558 228,711
Current portion of bank debt 183,669 181,491
Total current liabilities 584,826 665,770
LONG-TERM LIABILITIES:    
Long-term portion of bank debt 1,039,757 1,086,568
Interest rate swap 73,720 83,386
Total long-term liabilities 1,113,477 1,169,954
TOTAL LIABILITIES 1,698,303 1,835,724
STOCKHOLDERS' EQUITY:    
Common stock, $0.10 par value per share, 8,000,000 shares authorized, 3,261,148 shares issued as of March 31, 2013 and December 31, 2012 326,115 326,115
Capital in excess of par value 9,981,527 9,973,146
Accumulated deficit (320,493) (524,803)
Treasury stock, at cost, 242,114 shares as of March 31, 2013 and December 31, 2012 (529,655) (529,655)
Accumulated other comprehensive loss (44,310) (50,120)
Total stockholders' equity 9,413,184 9,194,683
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 11,111,487 $ 11,030,407