XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 30,924,687 $ 17,566,682
Accounts receivable, net 34,364,259 32,910,919
Investments in debt and equity securities, at fair value 13,763,887 8,081,833
Inventories, net 8,946,051 10,234,646
Other current assets 813,490 684,317
Total current assets 88,812,374 69,478,397
Property, plant, and equipment, net 43,216,851 30,816,504
Deferred tax asset 6,370,001 4,631,206
Other assets 31,723 44,567
Total assets 138,430,949 104,970,674
Current liabilities:    
Accounts payable 14,303,586 16,256,444
Current portion of long-term debt 1,489,318 1,030,763
Accrued compensation 1,303,568 826,762
Dividends payable 39,050 49,091
Accrued royalties to shareholder 2,921,597 1,973,781
Other accrued liabilities 3,266,909 3,398,904
Income taxes payable 12,699,408 4,365,770
Total current liabilities 36,023,436 27,901,515
Other long-term liabilities 32,383,550 24,478,697
Long-term debt, net of current maturities 2,183,654 2,710,337
Total liabilities 70,590,640 55,090,549
Commitments and contingencies - see Note 8
Preferred stock, $1 par value:    
Common stock, no par value
Additional paid-in capital 59,294,701 59,285,401
Retained earnings 8,287,663 (9,668,221)
Total stockholders' equity 67,840,309 49,880,125
Total liabilities and stockholders' equity 138,430,949 104,970,674
Series II, Class B    
Preferred stock, $1 par value:    
Preferred stock 156,200 156,200
Series III Preferred Stock    
Preferred stock, $1 par value:    
Preferred stock $ 101,745 $ 106,745