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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 563,426 $ 1,401,047
Trade accounts receivable less allowances of approximately $138,000 and $171,000, respectively 6,693,235 5,658,686
Receivables due from affiliated companies 1,516,885 1,045,990
Restricted cash 2,163,226 2,332,877
Inventories, net 12,524,824 12,085,813
Prepaid expenses and other current assets 1,090,088 1,010,641
Total Current Assets 24,551,684 23,535,054
Property, plant and equipment, net 9,719,404 9,649,237
Operating lease - right to use 412,672
Intangible assets, net 1,986,732 2,050,212
Total Assets 36,670,492 35,234,503
Current Liabilities:    
Current portion of long-term debt, net 431,745 425,663
Current portion of operating lease liability 81,014
Accounts payable - trade 1,586,908 1,472,230
Dividends payable 468,306
Accrued expenses payable 1,380,299 1,108,905
Total Current Liabilities 3,948,272 3,006,798
Deferred tax liability 274,897 280,349
Operating lease liability, less current portion 331,658
Long-term debt, less current portion and debt issuance costs 4,419,282 4,514,105
Total Liabilities 8,974,109 7,801,252
COMMITMENTS AND CONTINGENCIES
Shareholders' Equity:    
Common stock - $.01 par value, 12,000,000 shares authorized; 9,366,119 shares and 9,338,191 shares issued, respectively 93,661 93,382
Additional paid in capital 10,249,347 10,235,827
Accumulated other comprehensive loss (294,237) (295,734)
Retained earnings 17,647,612 17,399,776
Total Shareholders' Equity 27,696,383 27,433,251
Total Liabilities and Shareholders' Equity $ 36,670,492 $ 35,234,503