Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Current Assets:
Cash	$ 10,216,924	$ 12,684,935
Trade accounts receivable less allowances of approximately $712,000 and $632,000, respectively	10,261,547	9,544,133
Receivables due from affiliated companies	847,026	1,211,999
Inventories, net	19,974,898	16,819,253
Prepaid expenses and other current assets	1,585,477	2,093,971
Total Current Assets	42,885,872	42,354,291
Property, plant and equipment, net	17,642,008	16,360,218
Operating lease – right to use	160,449	182,543
Intangible assets, net	1,309,683	1,380,652
Total Assets	61,998,012	60,277,704
Current Liabilities:
Current portion of long-term debt, net	743,740	736,531
Current portion of operating lease liability	90,424	89,600
Accounts payable - trade	3,376,982	2,877,623
Income taxes payable	208,342	45,295
Accrued expenses payable	1,120,234	900,982
Total Current Liabilities	5,539,722	4,650,031
Deferred tax liability	453,086	347,723
Operating lease liability, less current portion	70,025	92,943
Long-term debt, less current portion and debt issuance costs	7,515,735	7,750,889
Total Liabilities	13,578,568	12,841,586
COMMITMENTS AND CONTINGENCIES
Shareholders’ Equity:
Common stock - $0.01 par value, 12,000,000 shares authorized; 9,509,799 shares and 9,503,999 shares issued and outstanding, respectively	95,098	95,040
Additional paid in capital	11,141,123	11,077,706
Accumulated other comprehensive loss	(291,374)	(292,336)
Retained earnings	37,474,597	36,555,708
Total Shareholders’ Equity	48,419,444	47,436,118
Total Liabilities and Shareholders’ Equity	$ 61,998,012	$ 60,277,704