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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 1,111,427 $ 1,401,047
Trade accounts receivable less allowances of approximately $156,000 and $171,000, respectively 8,554,453 5,658,686
Receivables due from affiliated companies 939,751 1,045,990
Restricted cash 2,175,963 2,332,877
Inventories, net 11,682,975 12,085,813
Prepaid expenses and other current assets 820,280 1,010,641
Total Current Assets 25,284,849 23,535,054
Property, plant and equipment, net 9,587,836 9,649,237
Operating lease - right to use 392,695
Intangible assets, net 1,923,253 2,050,212
Total Assets 37,188,633 35,234,503
Current Liabilities:    
Current portion of long-term debt, net 435,115 425,663
Revolving line of credit 400,000
Current portion of operating lease liability 81,759
Accounts payable - trade 1,480,557 1,472,230
Accrued expenses payable 1,146,733 1,108,905
Total Current Liabilities 3,544,164 3,006,798
Deferred tax liability 304,408 280,349
Operating lease liability, less current portion 310,936
Long-term debt, less current portion and debt issuance costs 4,309,401 4,514,105
Total Liabilities 8,468,909 7,801,252
COMMITMENTS AND CONTINGENCIES
Shareholders' Equity:    
Common stock - $.01 par value, 12,000,000 shares authorized; 9,370,119 shares and 9,338,191 shares issued, respectively 93,701 93,382
Additional paid in capital 10,262,567 10,235,827
Accumulated other comprehensive loss (293,724) (295,734)
Retained earnings 18,657,180 17,399,776
Total Shareholders' Equity 28,719,724 27,433,251
Total Liabilities and Shareholders' Equity $ 37,188,633 $ 35,234,503