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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Condensed Consolidated Statements of Operations (Unaudited)        
Net sales $ 7,360,284 $ 6,969,921 $ 21,903,997 $ 22,882,579
Cost of goods sold 6,030,788 6,274,934 17,941,697 20,027,584
Gross Profit 1,329,496 694,987 3,962,300 2,854,995
Selling and administrative expenses 1,264,926 1,518,558 4,244,987 4,474,310
Operating income (loss) 64,570 (823,571) (282,687) (1,619,315)
Other income 2,711 28,146 356,302 [1] 102,570
Income (loss) before income taxes 67,281 (795,425) 73,615 (1,516,745)
(Benefit) provision for income taxes (291) 651,196 0 485,739
Net income (loss) $ 67,572 $ (1,446,621) $ 73,615 $ (2,002,484)
Net income (loss) per common share:        
Basic $ 0.07 $ (1.5) $ 0.08 $ (2.07)
Diluted $ 0.07 $ (1.5) $ 0.08 $ (2.07)
Basic 966,132 966,132 966,132 966,132
Diluted 966,132 966,132 966,132 966,132
Cash dividends declared per share $ 0.03 $ 0.1 $ 0.09 $ 0.3
[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.