(Unaudited Condensed) Balance Sheets - USD ($)	Mar. 31, 2018	Dec. 31, 2017
CURRENT ASSETS:
Cash and cash equivalents	$ 3,060,470	$ 3,798,811
Accounts receivable, net	999,899	1,344,022
Inventory	1,929,927	2,049,732
Prepaid expenses and other current assets	401,739	314,667
Total current assets	6,392,035	7,507,232
PROPERTY, PLANT AND EQUIPMENT, net	26,428,756	26,069,689
DEFERRED TAX ASSETS, net	504,236	472,726
INTANGIBLE ASSETS, net	148,056	152,832
GOODWILL	95,557	95,557
INTEREST RATE SWAPS	57,628
OTHER ASSETS	5,831	920
TOTAL ASSETS		34,298,956
CURRENT LIABILITIES:
Accounts payable and accrued expenses	928,450	1,723,270
Current portion of bank debt	454,550	316,629
Deferred revenue	24,100	24,100
Total current liabilities	1,407,100	2,063,999
LONG-TERM LIABILITIES:
Bank debt, net of current portion	8,732,119	8,639,021
Interest rate swaps		996
Total long-term liabilities	8,732,119	8,640,017
TOTAL LIABILITIES	10,139,219	10,704,016
CONTINGENT LIABILITIES AND COMMITMENTS (See Note 15)
STOCKHOLDERS' EQUITY:
Common stock, $0.10 par value per share, 8,000,000 and 8,000,000 shares authorized, 5,662,645 and 5,662,645 shares issued and 5,480,157 and 5,476,197 shares outstanding, as of March 31, 2018 and December 31, 2017, respectively	566,265	566,265
Additional paid-in capital	22,524,760	22,458,219
Retained earnings	757,851	978,973
Treasury stock, at cost, 182,488 and 186,448 shares as of March 31, 2018 and December 31, 2017, respectively	(399,217)	(407,879)
Accumulated other comprehensive income (loss)	43,221	(638)
Total stockholders' equity	23,492,880	23,594,940
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 33,632,099	$ 34,298,956

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.