v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Consolidated Statements of Cash Flows (Unaudited)    
Net income (loss) $ 232,530 $ 130,633
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Amortization of value of stock options 13,902 9,991
Depreciation and amortization 118,656 190,148
Deferred income taxes 73,432 41,252
(Increase) decrease in:    
Accounts receivable (31,604) 92,835
Inventories (34,975) 3,774
Prepaid expenses (78,287) 19,754
Other assets including long-term portion of receivables (3,239) (14,533)
Net increase in operating lease liabilities and lease assets (12,001) (34,282)
Increase (decrease) in accounts payable and accrued expenses 44,085 (315,717)
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 322,499 123,855
INVESTING ACTIVITIES    
Purchase of property and equipment (41,848) (19,445)
NET CASH USED IN INVESTING ACTIVITIES (41,848) (19,445)
FINANCING ACTIVITIES    
Principal payment on Corbel loan (275,000) (250,000)
NET CASH USED BY FINANCING ACTIVITIES (275,000) (250,000)
(Decrease) Increase in cash 5,651 (145,590)
Cash at beginning of period 533,670 710,227
Cash at end of period 539,321 564,637
Supplemental schedule of investing and financing activities    
Cash paid for interest $ 229,750 $ 230,184