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CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 22,439,672 $ 17,566,682
Accounts receivable, net 26,194,508 21,131,841
Receivable from Technology Investment Agreement (TIA) 22,103,890 11,779,078
Investments in debt and equity securities, at fair value 13,903,032 8,081,833
Inventories, net 10,579,262 10,234,646
Other current assets 673,586 684,317
Total current assets 95,893,950 69,478,397
Property, plant, and equipment, net 68,538,031 30,816,504
Deferred tax asset 11,246,970 4,631,206
Other assets 18,761 44,567
Total assets 175,697,712 104,970,674
Current liabilities:    
Accounts payable 30,249,662 16,256,444
Current portion of long-term debt 281,871 1,030,763
Accrued compensation 1,094,365 826,762
Dividends payable 5,056,946 49,091
Accrued royalties to shareholder 2,600,405 1,973,781
Other accrued liabilities 3,829,121 3,398,904
Income taxes payable 4,522,033 4,365,770
Total current liabilities 47,634,403 27,901,515
Other long-term liabilities 51,461,639 24,478,697
Long-term debt, net of current maturities 1,959,440 2,710,337
Total liabilities 101,055,482 55,090,549
Commitments and contingencies - see Note 8
Preferred stock, $1 par value:    
Common stock, no par value
Additional paid-in capital 60,706,417 59,285,401
Retained earnings $ 13,853,792 (9,668,221)
Common stock in treasury - at cost (154,424)  
Total stockholders' equity $ 74,642,230 49,880,125
Total liabilities and stockholders' equity 175,697,712 104,970,674
Series II, Class B    
Preferred stock, $1 par value:    
Preferred stock 156,200 156,200
Series III Class B    
Preferred stock, $1 par value:    
Preferred stock $ 80,245 $ 106,745