v3.26.1
STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,632,538 $ 674,176
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and accretion 251,138 211,740
Amortization of patents 2,467 2,466
Stock based compensation 87,129 47,206
(Gain) on disposal of equipment (16,667) 497
Deferred taxes 374,411 878
Inventory reserve 4,669 680
Changes in operating assets and liabilities:    
Accounts receivable (321,286) 148,122
Inventories (2,537,618) 354,512
Prepaid purchase orders (203,704) (58,633)
Prepaid expenses 20,375 88,933
Accounts payable 231,757 117,705
Customer deposits 3,716,965 520,251
Accrued liabilities (153,188) (185,292)
Net cash provided by operating activities 3,088,986 1,923,241
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sale of equipment 18,000  
Purchases of marketable securities (1,125) (2,000,000)
Proceeds from maturities of marketable securities   1,509,478
Purchases of property and equipment (887,608) (215,454)
Net cash used in investing activities (870,733) (705,976)
CASH FLOWS FROM FINANCING ACTIVITIES    
Purchase of treasury stock (267,500)  
Net cash used in financing activities (267,500)  
NET INCREASE IN CASH 1,950,753 1,217,265
CASH - Beginning of year 7,939,000 6,753,403
CASH - End of period 9,889,753 7,970,668
Cash paid during the year for:    
Income taxes 339,549 194,228
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Increase in asset retirement obligation $ 3,450 $ 3,450