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Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 9,401,258 $ 11,247,560
Accounts receivable, net 3,986,194 2,883,443
Costs and estimated earnings in excess of billings on uncompleted contracts 2,594,114 1,577,969
Inventories 5,301,265 4,497,349
Deferred income taxes – current 1,197,465 1,443,321
Other current assets 169,698 246,240
Total Current Assets 22,649,994 21,895,882
Property, plant and equipment, net 15,217,370 15,492,111
Construction in progress 304,966 128,171
Deferred income taxes – non-current 798,646 710,983
Restricted cash 600,000 800,000
Other assets 70,973 70,376
Intangible assets, net 53,719 44,116
Total Assets 39,695,668 39,141,639
Current Liabilities:    
Accounts payable and accrued expenses 3,203,553 2,274,442
Current maturities of long-term debt 720,000 720,000
Billings in excess of costs and estimated earnings on uncompleted contracts 62,069 252,890
Deferred revenue 141,600 204,527
Total Current Liabilities 4,127,222 3,451,859
Long-term debt, net of current portion 4,205,508 4,565,508
Total Liabilities 8,332,730 8,017,367
Commitments and Contingencies      
Stockholders’ Equity    
Common stock - $0.01 par value – 10,000,000 shares authorized; issued and outstanding, 6,125,207 at June 30, 2014 and 6,091,707 at December 31, 2013 61,252 60,917
Additional paid-in-capital 21,831,879 21,527,375
Retained earnings 9,469,807 9,535,980
Total Stockholders’ Equity 31,362,938 31,124,272
Total Liabilities and Stockholders’ Equity $ 39,695,668 $ 39,141,639