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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net sales $ 13,822,000 $ 13,482,000
Cost of goods sold, excluding depreciation and amortization 8,430,000 8,065,000
Gross profit 5,392,000 5,417,000
Operating expenses:    
Selling, general and administrative 4,694,000 4,847,000
Depreciation and amortization 243,000 244,000
Total operating expenses 4,937,000 5,091,000
Income from operations 455,000 326,000
Other income:    
Equity in income of unconsolidated affiliate 141,000 138,000
Interest income, net 176,000 258,000
Total other income 317,000 396,000
Income before provision for income taxes 772,000 722,000
Provision for income taxes 159,000 146,000
Net income $ 613,000 $ 576,000
Basic earnings per common share (in dollars per share) $ 0.06 $ 0.05
Diluted earnings per common share (in dollars per share) $ 0.06 $ 0.05
Basic weighted average common shares outstanding (in shares) 10,724,760 11,285,296
Diluted weighted average common shares outstanding (in shares) 10,836,581 11,389,394