2 - Balance Sheet Details

12 Months Ended

Dec. 31, 2023

Notes

2 - Balance Sheet Details

2 - Balance Sheet Details

	December 31, 2023	December 31, 2022
Inventories:
Raw materials	$ 2,878,869	$ 4,460,071
Work in process	2,374,795	2,747,427
Finished goods	2,614,989	2,534,732
	7,868,653	9,742,230
Valuation reserves	(541,000)	(621,000)
	$ 7,327,653	$ 9,121,230

	December 31, 2023	December 31, 2022
Property, Plant and Equipment, net:
Land and improvements	$ 1,510,513	$ 1,510,513
Buildings and improvements	6,835,619	6,818,066
Machinery and equipment	37,019,453	35,982,194
Capitalized software and other	933,449	1,038,768
	46,299,034	45,349,541
Accumulated depreciation	(34,633,952)	(33,487,748)
	$ 11,665,082	$ 11,861,793

	December 31, 2023	December 31, 2022
Other Accrued Expenses:
Profit sharing plan contribution	$           0	$ 170,000
Property taxes	20,342	41,497
All other items	109,621	116,464
	$ 129,963	$ 327,961

	December 31, 2023	December 31, 2022
Allowance for Credit Losses:
Balance at beginning of year	$ 160,000	$ 170,000
Charges to statement of operations	13,804	(1,660)
Write-offs, net of recoveries	(13,804)	(8,340)
Balance at end of year	$  160,000	$ 160,000

	December 31, 2023	December 31, 2022
Inventory Valuation Reserves:
Balance at beginning of year	$   621,000	$   612,000
Charges to statement of operations	143,233	17,070
Write-offs	(223,233)	(8,070)
Balance at end of year	$   541,000	$   621,000