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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash flows from operating activities:          
Net income $ 787,374 $ 529,359 $ 1,364,448 $ 1,184,522  
Adjustments to reconcile net income to net cash (used in) provided by operating activities:          
Depreciation and amortization     446,688 201,156  
Right of use amortization     160,658 153,299 $ 310,221
Employee stock compensation     70,497  
Stock issued for service     350,001  
Changes in operating assets and liabilities:          
Accounts receivable, net     (2,491,348) (4,136,335)  
Inventory, net     (3,816,862) (1,693,598)  
Deferred taxes     255,511 294,113  
Unbilled revenue     (873,605) 1,374,667  
Prepaid expenses and other current assets     92,128 (353,765)  
Other assets     (186,727) 21,148  
Security deposits, long-term     (15,979) 66,788  
Accounts payable and other accrued expenses     1,115,242 933,840  
Payments on operating lease liability     (170,535) (157,713)  
Deferred revenue     921,613 3,049,784  
Net cash provided by (used in) operating activities     (2,778,270) 937,906  
Cash flows from investing activities:          
Purchase of intangible assets     (86,012) (92,886)  
Purchase of property and equipment     (1,725,726) (602,009)  
Net cash used in investing activities     (1,811,738) (694,895)  
Cash flows from financing activities:          
Principal payments of debt     (115,049)  
Stock issued for cash in offering, net     16,795,000  
Stock options exercised 4,750 2,450 12,725 6,070  
Net cash provided by (used in) financing activities     (102,324) 16,801,070  
Net increase (decrease) in cash and restricted cash     (4,692,332) 17,044,081  
Cash and cash equivalents, beginning of period     19,708,565 6,841,984 6,841,984
Cash and cash equivalents, end of period $ 15,016,233 $ 23,886,065 15,016,233 23,886,065 $ 19,708,565
Supplemental disclosure of cash flow information:          
Income taxes paid (refunded)     99,035 (78,096)  
Interest paid     128,507 5,763  
Supplemental disclosure of non-cash investing and financing activities:          
Conversion of inventory to property and equipment     $ 294,016