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Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2025

Summary of Significant Accounting Policies [Line Items]

Schedule of Allowance For Credit Losses

The activity for the allowance for credit losses during the three months ended March 31, 2025 and 2024 is set forth in the table below:

		Balance at								Deductions				Balance at
		Beginning of				Charged to				from the				End of
		Period				Expenses				Allowance				Period
Three Months ended March 31, 2025 Allowance for Credit Losses		$	396,000			$	20,000			$	-			$	416,000
Three Months ended March 31, 2024 Allowance for Credit Losses		$	344,000			$	26,000			$	(49,000	)		$	321,000

Schedule of Inventories

Inventories consist of the following at:

		March 31,				December 31,
		2025				2024
Raw Materials		$	5,073,000			$	6,318,000
Work In Progress			14,217,000				13,028,000
Semi-Finished Goods			8,687,000				8,805,000
Final-Finished Goods			958,000				660,000
Total Inventory		$	28,935,000			$	28,811,000

Schedule of Credit and Concentration Risks

The composition of customers that exceeded 10% of net sales for the three months ended March 31, 2025 and 2024 are shown below:

		Percentage of Net Sales
Customer		2025				2024
Lockheed Martin			39.6	%			25.9	%
RTX (a)			28.9	%			33.4	%
Northrop			8.1	%			11.0	%

^(a) RTX includes Collins Landing Systems and Collins Aerostructures

Schedule of Revenue from Contracts with Customers

The following table summarizes revenue from contracts with customers for the three month periods ended March 31, 2025 and 2024:

Product		March 31, 2025				March 31, 2024
Military		$	8,340,000			$	10,385,000
Commercial			3,795,000				3,676,000
Total		$	12,135,000			$	14,061,000

Schedule of Anti-Dilutive Due to the Net Loss Incurred

The following securities have been excluded from the calculation because the effect of including these potential shares was anti-dilutive due to the net loss incurred during that period:

		Three Months Ended
		March 31,				March 31,
		2025				2024
Stock Options			374,503				424,010
Restricted Stock Units			285,628				-
Convertible notes payable			361,700				405,800
			1,021,831				829,810

Accounts Receivable [Member]

Summary of Significant Accounting Policies [Line Items]

Schedule of Credit and Concentration Risks

The composition of customers that exceed 10% of accounts receivable at March 31, 2025 and December 31, 2024 are shown below: 

		Percentage of Net Receivables
		March 31,				December 31,
Customer		2025				2024
RTX (a)			48.6	%			38.2	%
Lockheed Martin			13.0	%			8.6	%
Ontic			10.5	%			14.6	%
Northrop			6.0	%			11.0	%

^(a) RTX includes Collins Landing Systems and Collins Aerostructures

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