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Segment Information (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting by Segment

Information by segment is as follows:

		Fastener				Assembly Equipment				Other				Consolidated
Three Months Ended September 30, 2025
Net sales		$	6,398,873			$	926,335			$	—			$	7,325,208
Add: intercompany sales adjustment			35,076				-				-				35,076
Total sales to external customers			6,433,949				926,335				-				7,360,284
Cost of goods sold			5,555,772				475,016				-				6,030,788
Segment gross profit			878,177				451,319				-				1,329,496
Selling and engineering expenses			60,848				3,520				205,769				270,137
Administrative expenses			444,392				2,352				548,045				994,789
Operating income (loss)			372,937				445,447				(753,814	)			64,570
Other income			35				473				2,203				2,711
Income (loss) before income taxes		$	372,972			$	445,920			$	(751,611	)		$	67,281
Depreciation		$	277,035			$	21,428			$	-			$	298,463
Capital expenditures		$	145,915			$	-			$	-			$	145,915
Nine Months Ended September 30, 2025
Net sales		$	19,006,722			$	2,913,861			$	—			$	21,920,583
Less: intercompany sales			(16,586	)			-				-				(16,586	)
Total sales to external customers			18,990,136				2,913,861				-				21,903,997
Cost of goods sold			16,461,131				1,480,566				-				17,941,697
Segment gross profit			2,529,005				1,433,295				-				3,962,300
Selling and engineering expenses			205,680				19,521				576,834				802,035
Administrative expenses			1,384,588				13,398				2,044,966				3,442,952
Operating income (loss)			938,737				1,400,376				(2,621,800	)			(282,687	)
Other income (1)			35				339,992				16,275				356,302
Income (loss) before income taxes		$	938,772			$	1,740,368			$	(2,605,525	)		$	73,615
Depreciation		$	843,942			$	76,286			$	-			$	920,228
Capital expenditures		$	239,618			$	-			$	-			$	239,618
Segment assets:
Accounts receivable, net		$	4,178,673			$	670,551			$	-			$	4,849,224
Inventories, net			4,585,904				1,763,291				-				6,349,195
Property, plant and equipment, net			8,824,759				1,224,258				-				10,049,017
Other assets			-				10,460				2,770,354				2,780,814
Total assets														$	24,028,250

(1) Includes a one-time gain of $339,520 in the Assembly Equipment segment, from the sale of the Albia manufacturing facility in February 2025.

		Fastener				Assembly Equipment				Other				Consolidated
Three Months Ended September 30, 2024
Net sales		$	5,934,820			$	1,042,605			$	—			$	6,977,426
Less: intercompany sales			(7,505	)			-				-				(7,505	)
Total sales to external customers			5,927,316				1,042,605				-				6,969,921
Cost of goods sold			5,231,973				1,042,961				-				6,274,934
Segment gross profit (loss)			695,342				(355	)			-				694,987
Selling and engineering expenses			82,650				4,769				177,211				264,630
Administrative expenses			518,875				104,158				630,895				1,253,928
Operating income (loss)			93,817				(109,282	)			(808,106	)			(823,571	)
Other income			38,806				2				(10,662	)			28,146
Income (loss) before income taxes		$	132,623			$	(109,280	)		$	(818,768	)		$	(795,425	)
Depreciation		$	305,612			$	18,384			$	540			$	324,536
Capital expenditures		$	307,773			$	2,959			$	-			$	310,732
Nine Months Ended September 30, 2024
Net sales		$	19,592,324			$	3,321,859			$	—			$	22,914,184
Less: intercompany sales			(31,605	)			-				-				(31,605	)
Total sales to external customers			19,560,720				3,321,859				-				22,882,579
Cost of goods sold			17,423,963				2,603,621				-				20,027,584
Segment gross profit			2,136,756				718,239				-				2,854,995
Selling and engineering expenses			278,376				5,837				537,240				821,453
Administrative expenses			1,663,190				137,229				1,852,438				3,652,857
Operating income (loss)			195,190				575,173				(2,389,678	)			(1,619,315	)
Other income			38,806				2				63,762				102,570
Income (loss) before income taxes		$	233,996			$	575,175			$	(2,325,916	)		$	(1,516,745	)
Depreciation		$	890,986			$	77,352			$	1,620			$	969,958
Capital expenditures		$	427,001			$	282,395			$	-			$	709,396
Segment Assets:
Accounts receivable, net		$	4,046,025			$	560,775			$	-			$	4,606,800
Inventories, net			6,032,338				1,372,444				-				7,404,782
Property, plant and equipment, net			9,772,397				1,572,657				-				11,345,054
Other assets			-				19,907				3,014,972				3,034,879
Total assets														$	26,391,515

Schedule of Revenue by Segment Information

The following table presents revenue by segment, further disaggregated by end-market:

		Fastener				Assembly Equipment				Consolidated
Three Months Ended September 30, 2025
Automotive		$	4,228,502			$	17,971			$	4,246,473
Non-automotive			2,205,447				908,364				3,113,811
Total net sales		$	6,433,949			$	926,335			$	7,360,284
Three Months Ended September 30, 2024
Automotive		$	3,578,390			$	14,386			$	3,592,776
Non-automotive			2,348,926				1,028,219				3,377,145
Total net sales		$	5,927,316			$	1,042,605			$	6,969,921
Nine Months Ended September 30, 2025
Automotive		$	11,876,239			$	168,612			$	12,044,851
Non-automotive			7,113,897				2,745,249				9,859,146
Total net sales		$	18,990,136			$	2,913,861			$	21,903,997
Nine Months Ended September 30, 2024
Automotive		$	13,050,096			$	171,094			$	13,221,190
Non-automotive			6,510,624				3,150,765				9,661,389
Total net sales		$	19,560,720			$	3,321,859			$	22,882,579

The following table presents revenue by segment, further disaggregated by location:

		Fastener				Assembly Equipment				Consolidated
Three Months Ended September 30, 2025
United States		$	4,749,613			$	760,526			$	5,510,139
Foreign			1,684,336				165,809				1,850,145
Total net sales		$	6,433,949			$	926,335			$	7,360,284
Three Months Ended September 30, 2024
United States		$	4,657,979			$	659,306			$	5,317,285
Foreign			1,269,337				383,299				1,652,636
Total net sales		$	5,927,316			$	1,042,605			$	6,969,921
Nine Months Ended September 30, 2025
United States		$	13,985,776			$	2,326,323			$	16,312,099
Foreign			5,004,360				587,538				5,591,898
Total net sales		$	18,990,136			$	2,913,861			$	21,903,997
Nine Months Ended September 30, 2024
United States		$	15,694,640			$	2,871,084			$	18,565,724
Foreign			3,866,080				450,775				4,316,855
Total net sales		$	19,560,720			$	3,321,859			$	22,882,579

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