XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.3
Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net income (loss) $ (139,748) $ (701,690) $ 1,809,115 $ (2,671,184)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Depreciation 674,314 670,346 2,008,958 1,999,005  
Amortization of intangible assets 4,776 4,776 14,328 14,328  
Amortization and write-off of debt issuance costs and debt discounts 29,578 10,805 51,191 31,859  
Stock-based compensation     192,090 256,688  
Loss on disposal of property, plant and equipment     60,056 14,557  
Non-cash rent benefit     (304,900) (112,306)  
Trade accounts receivable     1,216,367 (122,530)  
Inventory     (2,689,382) 351,389  
Prepaid expenses and other current assets     (181,447) 183,397  
Other assets     (10,977) 28,756  
Accounts payable and accrued expenses     (172,648) 386,995  
Net cash provided by operating activities     1,992,751 360,954  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchase of property, plant and equipment     (1,078,133) (269,509)  
Proceeds from sale of property, plant and equipment     31,132 4,500  
Net cash used for investing activities     (1,047,001) (265,009)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceeds from At-The-Market Offering, gross     349,326 4,108,730  
Proceeds from debt issuance     801,267 0  
Debt principal repayments     (1,885,867) (1,094,106)  
Payments of debt issuance costs and debt discounts     (14,633) (5,037)  
Payments of equity offering costs     (67,880) (275,640)  
Proceeds from exercise of stock options     3 0  
Net cash (used for) provided by financing activities     (817,784) 2,733,947  
NET INCREASE IN CASH AND CASH EQUIVALENTS     127,966 2,829,892  
BEGINNING CASH AND CASH EQUIVALENTS     3,758,232 978,741 $ 978,741
ENDING CASH AND CASH EQUIVALENTS 3,886,198 $ 3,808,633 3,886,198 3,808,633 $ 3,758,232
CASH PAID FOR:          
Income taxes     10,205 5,905  
Interest     340,381 404,077  
NON-CASH ACTIVITIES:          
(Increase) decrease in capital expenditures included in accounts payable and accrued expenses     (13,736) 6,797  
Increase in operating lease right-of-use asset and operating lease liability     0 103,115  
Debt Instrument, Debt Financing Six [Member] | Maine Community Bank [Member]          
NON-CASH ACTIVITIES:          
Refinance of debt obligation $ 1,525,852   $ 1,525,852 $ 0