Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Operating activities:
Net income	$ 17,793,160	$ 3,034,766
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation	2,956,513	2,762,276
Amortization of intangible assets	2,111,078	1,815,508
Stock compensation expense	1,940,443	1,803,302
Deferred income taxes	594,059	(293,995)
Non-cash lease adjustment	(57,648)	(42,570)
Provision for excess and obsolete inventory	171,476	189,874
Provision for doubtful accounts	(129,219)	199,996
Amortization of deferred financing costs	39,405	30,151
Change in earnout liability	170,000
Gain on sale of business, net of tax of $2,907,000	(9,644,000)
Changes in operating assets and liabilities
Accounts receivable	6,329,398	1,839,243
Inventories	3,648,679	(9,606,835)
Prepaid expenses and other current assets	(950,338)	(173,341)
Accounts payable	1,552,352	1,914,813
Other accrued liabilities	2,374,137	(581,449)
Total adjustments	11,106,335	(143,027)
Net cash provided by operating activities	28,899,495	2,891,739
Investing activities:
Purchase of property, plant and equipment	(4,673,717)	(4,304,264)
Purchase of intellectual property	(301,736)	(300,000)
Proceeds from sale of business	13,152,613
Acquisition of Safety Made	(750,000)	(9,622,391)
Net cash provided by (used in) investing activities	7,427,160	(14,226,655)
Financing activities:
Net (repayments) borrowings of long-term debt	(36,835,642)	16,848,326
Repayments on mortgage	(409,624)	(401,410)
Distributions to stockholders	(1,993,049)	(1,903,346)
Cash settlement of stock options	(292,153)	(108,155)
Tax paid on net share settlement of stock options	(363,272)	(243,463)
Issuance of common stock	1,452,520	84,715
Net cash (used in) provided by financing activities	(38,441,220)	14,276,667
Effect of exchange rate changes	60,110	(184,691)
Net (decrease) increase in cash and cash equivalents and restricted cash	(2,054,455)	2,757,060
Cash, cash equivalents and restricted cash at beginning of year	7,600,409	4,843,349
Cash, cash equivalents and restricted cash at end of year	5,545,954	7,600,409
Supplemental cash flow information:
Cash paid for income taxes	5,771,876	978,378
Cash paid for interest expense	3,179,184	2,124,144
Non-cash investing activities
Safety Made acquisition contingent consideration	750,000	1,330,000
Non-cash financing activities
Dividends accrued not paid	$ 546,710	$ 495,406