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Note 4 - Revenue Disaggregation (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Disaggregation of Revenue [Table Text Block]
  

Three Month's Ending June 30, 2022

 
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $-  $520  $520 

Energy, storage and transmission

  2,024   219   2,243 

Industrial

  1,450   725   2,175 

Research

  299   572   871 

Total

 $3,773  $2,036  $5,809 
  

Three Month's Ending June 30, 2021

 
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $197  $577  $774 

Energy, storage and transmission

  -   -   - 

Industrial

  1,226   1,293   2,519 

Research

  365   376   741 

Total

 $1,788  $2,246  $4,034 
  

Six Month's Ending June 30, 2022

 
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $-  $1,221  $1,221 

Energy, storage and transmission

  2,923   226   3,149 

Industrial

  2,446   1,597   4,043 

Research

  1,005   1,043   2,048 

Total

 $6,374  $4,087  $10,461 
  

Six Month's Ending June 30, 2021

 
             
  

Over time

  

Point in time

  

Total

 

Aerospace

 $386  $1,102  $1,488 

Energy, storage and transmission

  -   -   - 

Industrial

  2,595   1,969   4,564 

Research

  552   796   1,348 

Total

 $3,533  $3,867  $7,400 
Schedule Of Cost And Estimated Earnings In Excess Of Billings [Table Text Block]
  

2022

 

Costs incurred on contracts in progress

 $8,822,284 

Estimated earnings

  6,151,767 
   14,974,051 

Billings to date

  (13,683,261)
  $1,290,790 

Deferred revenue related to non-systems contracts

  (331,452)
   959,338 

Included in accompanying balance sheets

    

Under the following captions:

    

Contract assets

 $4,255,400 

Contract liabilities

 $(3,296,062)