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Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,969,494) $ (3,694,767)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:    
Depreciation 1,328,659 1,332,153
Amortization of intangible assets 9,552 9,552
Amortization of debt issuance costs 10,608 3,838
Amortization of debt discounts 10,446
Stock-based compensation 179,131 171,773
Loss on disposal of property, plant and equipment 14,557 8,167
Non-cash rent (benefit) expense (74,871) 28,901
Changes in:    
Trade accounts receivable 234,933 259,752
Inventory 512,235 (1,497,442)
Prepaid expenses and other current assets 274,314 (50,325)
Other assets 19,976 (5,831)
Accounts payable and accrued expenses 450,239 (9,182)
Net cash provided by (used for) operating activities 1,000,285 (3,443,411)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (181,097) (1,390,654)
Proceeds from sale of property, plant and equipment 4,500 91
Net cash used for investing activities (176,597) (1,390,563)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from At-The-Market Offering, net 252,749
Proceeds from line of credit 1,000,000
Debt principal repayments (725,856) (503,277)
Payments of debt issuance costs (5,037)
Net cash (used for) provided by financing activities (478,144) 496,723
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 345,544 (4,337,251)
BEGINNING CASH AND CASH EQUIVALENTS 978,741 5,791,562
ENDING CASH AND CASH EQUIVALENTS 1,324,285 1,454,311
CASH PAID FOR:    
Income taxes 5,905 7,205
Interest expense 270,068 176,451
NON-CASH ACTIVITIES:    
Decrease (increase) in capital expenditures included in accounts payable and accrued expenses 12,005 (58,835)
(Decrease) increase in operating lease right-of-use asset and operating lease liability $ (17,012) $ 2,090,298