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CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 16,363,163 $ 17,566,682
Accounts receivable, net 30,040,562 21,131,841
Receivable from Technology Investment Agreement (TIA) 8,764,753 11,779,078
Investments in debt and equity securities, at fair value 13,583,943 8,081,833
Inventories 18,696,764 10,234,646
Other current assets 767,829 684,317
Total current assets 88,217,014 69,478,397
Property, plant, and equipment, net 76,625,980 30,816,504
Deferred tax asset 13,145,274 4,631,206
Other assets 5,675 44,567
Total assets 177,993,943 104,970,674
Current liabilities:    
Accounts payable 24,410,852 16,256,444
Current portion of long-term debt 285,519 1,030,763
Accrued compensation 841,290 826,762
Dividends payable 1,399,744 49,091
Accrued royalties to shareholder 2,297,527 1,973,781
Other accrued liabilities 4,422,865 3,398,904
Income taxes payable 2,545,692 4,365,770
Total current liabilities 36,203,489 27,901,515
Other long-term liabilities 60,306,784 24,478,697
Long-term debt, net of current maturities 1,886,271 2,710,337
Total liabilities 98,396,544 55,090,549
Commitments and contingencies - see Note 8
Preferred stock, $1 par value:    
Common stock, no par value 0 0
Additional paid-in capital 61,863,653 59,285,401
Retained earnings (accumulated deficit) 20,336,627 (9,668,221)
Common stock in treasury - at cost (2,839,326)  
Total stockholders' equity 79,597,399 49,880,125
Total liabilities and stockholders' equity 177,993,943 104,970,674
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