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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 1,032,294 $ (413,813)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 990,983 1,014,916
Loss on disposal of equipment 21,564 0
Deferred income taxes (94,000) (72,000)
Changes in operating assets and liabilities:    
Accounts receivable (911,293) (737,602)
Inventories (2,591,976) 6,371
Other current assets and prepaid income taxes (7,890) (149,362)
Accounts payable 710,141 408,134
Accrued wages and salaries 389,796 315,161
Other accrued expenses 34,353 (84,645)
Unearned revenue and customer deposits (40,959) (35,351)
Net cash provided by (used in) operating activities (466,987) 251,809
Cash flows from investing activities:    
Capital expenditures (587,615) (375,657)
Proceeds from the sale of equipment 7,800 0
Proceeds from certificates of deposit 4,084,000 4,831,000
Purchases of certificates of deposit (2,092,000) (4,733,000)
Net cash provided by (used in) investing activities 1,412,185 (277,657)
Cash flows from financing activities:    
Cash dividends paid (637,647) (405,775)
Net cash used in financing activities (637,647) (405,775)
Net increase (decrease) in cash and cash equivalents 307,551 (431,623)
Cash and cash equivalents at beginning of period 2,567,731 1,429,454
Cash and cash equivalents at end of period $ 2,875,282 $ 997,831