v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,776,263 $ 1,948,863
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 998,915 1,334,646
Amortization of intangible assets 0 9,552
Amortization of debt issuance costs and debt discounts 6,315 21,612
Stock-based compensation 377,816 118,929
Gain on disposal of property, plant and equipment (4,264) (2,263)
Non-cash rent expense (benefit) 40,108 (76,773)
Trade accounts receivable 521,728 1,392,310
Inventory 188,903 (1,181,803)
Prepaid expenses and other current assets 207,589 (63,804)
Other assets 6,028 (20,251)
Accounts payable and accrued expenses 472,701 (305,684)
Net cash provided by operating activities 6,592,102 3,175,334
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (911,169) (484,209)
Proceeds from sale of property, plant and equipment 10,000 29,232
Net cash used for investing activities (901,169) (454,977)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments on debt obligations (802,536) (761,544)
Proceeds from At-The-Market Offering 0 349,326
Payments of equity issuance fees 0 (67,880)
Proceeds from exercise of stock options 164,977 3
Net cash used for financing activities (637,559) (480,095)
NET INCREASE IN CASH AND CASH EQUIVALENTS 5,053,374 2,240,262
BEGINNING CASH AND CASH EQUIVALENTS 3,806,831 3,758,232
ENDING CASH AND CASH EQUIVALENTS 8,860,205 5,998,494
CASH PAID FOR:    
Income taxes 10,609 10,205
Interest 191,941 234,380
NON-CASH ACTIVITIES:    
Change in capital expenditures incurred, but not paid (52,441) (411,385)
Operating lease right-of-use assets and operating lease liabilities $ 95,719 $ 0