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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Total sales $ 104,162,227 $ 85,069,900
Cost of Sales 82,249,762 66,138,610
Gross Profit 21,912,465 18,931,290
Operating Expenses:    
Selling, general and administrative expenses 14,922,213 11,478,837
Operating Income 6,990,252 7,452,453
Other (Income) and Expenses:    
Interest charges 881,741 952,192
PPP loan forgiveness (1,453,837) 0
Unrealized (gain) loss on investments 188,615 (585,107)
Realized gain on investments (152,761) 0
Other (income) expense, net 163,552 (389,873)
Total Other (Income) and Expenses (372,690) (22,788)
Income before Provision for Income Taxes 7,362,942 7,475,241
Provision for Income Taxes:    
Current 1,183,145 1,443,761
Deferred 526,499 192,093
Total Provision for Income Taxes 1,709,644 1,635,854
Net Income $ 5,653,298 $ 5,839,387
Net Income per Common Share - Basic (in dollars per share) $ 1.66 $ 1.76
Net Income per Common Share - Diluted (in dollars per share) $ 1.66 $ 1.76
Weighted Average Shares of Common Stock Outstanding – Basic (in shares) 3,405,061 3,319,731
Weighted Average Shares of Common Stock Outstanding - Diluted (in shares) 3,405,061 3,320,553