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Consolidated Balance Sheet (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and Cash Equivalents $ 2,692,129 $ 5,057,626
Accounts receivable less allowance for doubtful accounts 11,167,985 9,835,262
Costs and estimated earnings in excess of billing 2,481,632 2,083,349
Inventories-less allowance for obsolete inventory 5,334,994 5,497,982
Prepaid Expenses and other current assets 767,465 818,609
Total Current Assets 22,444,205 23,292,828
PROPERTY, PLANT AND EQUIPMENT:    
Land and Improvements 257,205 257,205
Buildings and Leasehold Improvements 1,816,376 1,709,165
Machinery and Equipment 13,560,114 13,343,878
Total Property, Plant and Equipment 15,633,695 15,310,248
Less accumulated depreciation 2,406,734 2,006,133
Property, Plant and Equipment, Net 13,226,961 13,304,115
Operating Right of Use Asset, Net 9,725,871
OTHER ASSETS:    
Goodwill 9,582,202 9,582,202
Intangibles, net of accumulated amortization 4,238,611 4,332,202
Other non-current assets 95,263 95,263
Total Non-Current Other Assets 13,916,076 14,009,667
Total Assets 59,313,113 50,606,610
CURRENT LIABILITIES:    
Convertible notes payable 200,000 200,000
Notes payable, current 2,124,892 1,555,663
Bank Debt 1,333,333 1,333,333
Leases payable 671,991 13,800
Accounts payable 4,242,459 5,169,819
Unearned revenue 2,972,412 5,257,797
Accrued payroll and related expenses 892,712 1,358,669
Accrued expenses 2,324,532 1,606,429
Accrued income taxes 1,054,719 360,239
Total Current Liabilities 15,817,050 16,855,749
LONG-TERM LIABILITIES:    
Notes payable 10,411,998 11,086,402
Bank Debt 7,563,061 8,194,679
Deferred Income Taxes 1,701,653 1,701,653
Leases payable 9,157,675 2,642
Total Long-Term Liabilities 28,834,387 20,985,376
STOCKHOLDERS' EQUITY    
Preferred shares, no par value - 1,000,000 shares authorized, no shares issued and outstanding 0 0
Contributed capital 1,741,901 1,741,901
Treasury shares (1,905,780) (1,905,780)
Retained earnings 11,250,124 9,577,792
Total Stockholders' Equity 14,661,676 12,765,485
Total Liabilities and Stockholders' Equity 59,313,113 50,606,610
Common Class A [Member]    
STOCKHOLDERS' EQUITY    
Common shares 2,865,159 2,641,300
Common Class B [Member]    
STOCKHOLDERS' EQUITY    
Common shares $ 710,272 $ 710,272