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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net income $ 2,795,249 $ 2,603,534
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,175,267 955,161
Deferred income taxes 126,454 (59,472)
Stock based compensation 330,823 324,145
Provision for bad debts 35,145 198,839
Other operating non-cash items 3,378 4,612
Changes in assets and liabilities:    
Trade accounts receivable (729,936) (230,942)
Receivables due from affiliated companies 538,375 (394,262)
Inventories (3,021,201) (479,873)
Prepaid expenses and other current assets 2,572 739
Accounts payable - trade (334,890) 295,100
Income taxes payable (1,447)
Accrued expenses payable 296,843 (287,857)
Net cash provided by operating activities 1,218,079 2,928,277
Cash flows from investing activities:    
Purchases of property, plant and equipment (1,358,776) (5,275,732)
Purchase of intangible assets (376,722)
Net cash used in investing activities (1,735,498) (5,275,732)
Cash flows from financing activities:    
Proceeds from long-term debt 4,500,000
Payments on long-term debt (332,185) (315,756)
Borrowings on revolving line of credit 2,750,000 1,000,000
Repayments on revolving line of credit (2,750,000) (1,000,000)
Payments for taxes related to net share settlements of stock awards (25,794) (22,468)
Dividends paid to common shareholders (555,275) (549,255)
Payments for debt issuance costs (196,095)
Proceeds from exercise of stock options 26,400
Net cash (used in) provided by financing activities (913,254) 3,442,826
Effect of exchange rate on cash (1,247) 28
Net (decrease) increase in cash and restricted cash (1,431,920) 1,095,399
Cash and restricted cash at beginning of period 5,165,844 4,070,445
Cash and restricted cash at end of period 3,733,924 5,165,844
Supplemental disclosure of cash flow information:    
Cash paid for interest during period 136,031 29,496
Cash paid for income taxes during period 660,000 1,282,400
Cash 1,401,047 2,418,484
Restricted cash 2,332,877 2,747,360
Total cash and restricted cash 3,733,924 5,165,844
Noncash investing and financing activities:    
Issuance of note payable for asset acquisition 1,000,000
Imputed interest (69,472)
Principal portion of note payable issued for asset acquisition $ 930,528