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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2025
Summary of Significant Accounting Policies [Line Items] |
Schedule of Allowance for Credit Losses | The activity for the allowance for credit losses during the six months ended June 30, 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 |
Six Months ended June 30, 2025 Allowance for Credit Losses |  | $ | 396,000 |  |  | $ | 28,000 |  |  | $ | (56,000 | ) |  | $ | 368,000 |
Six Months ended June 30, 2024 Allowance for Credit Losses |  | $ | 344,000 |  |  | $ | 26,000 |  |  | $ | (82,000 | ) |  | $ | 288,000 |
Schedule of Inventories | Inventories consist of the following at:
|  | June 30, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Raw Materials |  | $ | 6,754,000 |  |  | $ | 6,318,000 |
Work In Progress |  |  | 14,373,000 |  |  |  | 13,028,000 |
Semi-Finished Goods |  |  | 8,043,000 |  |  |  | 8,805,000 |
Final-Finished Goods |  |  | 1,017,000 |  |  |  | 660,000 |
Total Inventory |  | $ | 30,187,000 |  |  | $ | 28,811,000 |
Schedule of Credit and Concentration Risks | The composition of customers that exceeded 10% of net sales for the three months ended June 30, 2025 and 2024 are shown below:
|  | Percentage of Net Sales |
Customer |  | 2025 |  |  | 2024 |
RTX (a) |  |  | 44.3 | % |  |  | 25.2 | %
Lockheed Martin |  |  | 27.5 | % |  |  | 25.4 | %
Northrop |  |  | 8.0 | % |  |  | 30.5 | %
| (a) | RTX includes Collins Landing Systems and Collins Aerostructures
The composition of customers that exceeded 10% of net sales for the six months ended June 30, 2025 and 2024 are shown below:
|  | Percentage of Net Sales |
Customer |  | 2025 |  |  | 2024 |
RTX (a) |  |  | 36.7 | % |  |  | 29.3 | %
Lockheed Martin |  |  | 33.4 | % |  |  | 25.6 | %
Northrop |  |  | 8.1 | % |  |  | 20.6 | %
| (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 and six month ending June 30, 2025 and 2024:
|  | Three Months Ended |  |  | Six Months Ended |
Product |  | June 30, 2025 |  |  | June 30, 2024 |  |  | June 30, 2025 |  |  | June 30, 2024 |
Military |  | $ | 6,831,000 |  |  | $ | 8,920,000 |  |  | $ | 15,171,000 |  |  | $ | 19,304,000 |
Commercial |  |  | 5,828,000 |  |  |  | 4,652,000 |  |  |  | 9,631,000 |  |  |  | 8,329,000 |
Total |  | $ | 12,659,000 |  |  | $ | 13,572,000 |  |  | $ | 24,802,000 |  |  | $ | 27,633,000 |
Schedule of Net (Loss) Income Applicable to Common Stockholders | The following is a calculation of net (loss) income applicable to common stockholders utilized to calculate EPS:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net Income (Loss) per condensed consolidated statements of operations |  | $ | (422,000 | ) |  | $ | 298,000 |  |  | $ | (1,410,000 | ) |  | $ | (408,000 | )
Add: Convertible Note Interest for Potential Note Conversion |  |  | - |  |  |  | 77,000 |  |  |  | - |  |  |  | - |
Net (Loss) Income used to calculate diluted earnings per share |  | $ | (422,000 | ) |  | $ | 375,000 |  |  | $ | (1,410,000 | ) |  | $ | (408,000 | )
Schedule of Denominators of Basic and Diluted Earnings Per Share | The following is a reconciliation of the denominators of basic and diluted earnings per share computations:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Weighted average shares outstanding used to compute basic earnings per share |  |  | 3,731,335 |  |  |  | 3,318,620 |  |  |  | 3,699,084 |  |  |  | 3,318,146 |
Effect of dilutive stock options |  |  | - |  |  |  | 106,420 |  |  |  | - |  |  |  | - |
Effect of dilutive convertible notes payable |  |  | - |  |  |  | 405,800 |  |  |  | - |  |  |  | - |
Weighted average shares outstanding and dilutive securities used to compute dilutive earnings per share |  |  | 3,731,335 |  |  |  | 3,724,420 |  |  |  | 3,699,084 |  |  |  | 3,318,146 |
Per share amount – basic |  | $ | (0.11 | ) |  | $ | 0.09 |  |  | $ | (0.38 | ) |  | $ | (0.12 | )
Per share amount – diluted |  | $ | (0.11 | ) |  | $ | 0.08 |  |  | $ | (0.38 | ) |  | $ | (0.12 | )
Schedule of Anti-Dilutive Due to the Net Loss Incurred | The following securities have been excluded from the calculation as the exercise price was greater than the average market price of the common stock and because the effect of including these potential shares was anti-dilutive due to net loss incurred during that period:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Stock Options |  |  | 374,503 |  |  |  | 313,583 |  |  |  | 374,503 |  |  |  | 420,003 |
Restricted Stock Units |  |  | 190,418 |  |  |  | - |  |  |  | 190,418 |  |  |  | - |
Convertible Notes Payable |  |  | 361,700 |  |  |  | - |  |  |  | 361,700 |  |  |  | 405,800 |
|  |  | 926,621 |  |  |  | 313,583 |  |  |  | 926,621 |  |  |  | 825,803 |
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 for June 30, 2025 and December 31, 2024 are shown below:
|  | Percentage of Net Receivables |
|  | June 30, |  |  | December 31, |
Customer |  | 2025 |  |  | 2024 |
RTX (a) |  |  | 67.2 | % |  |  | 38.2 | %
Lockheed |  |  | 10.1 | % |  |  | 8.6 | %
Ontic |  |  | 5.5 | % |  |  | 14.6 | %
Northrop |  |  | 2.1 | % |  |  | 11.0 | %
| (a) | RTX includes Collins Landing Systems and Collins Aerostructures

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