Note 9 - Notes Payable (Tables)

3 Months Ended

Mar. 31, 2022

Notes Tables

Schedule of Long-Term Debt Instruments [Table Text Block]

	March 31, 2022		December 31, 2021
In connection with the Komtek Forge acquisition, the Company refinanced the outstanding First Francis promissory notes, accrued interest payable through the refinance date and the assumed First Francis promissory note into one note on January 15, 2021 for a $3,779,784 loan due to First Francis Company, payable in quarterly installments beginning April 15, 2021.	$	3,114,571	$	3,284,762
In connection with the CAD acquisition, the Company entered into a promissory note on July 1, 2018 for a $9,000,000 loan due to the Loudermilks, payable in quarterly installments beginning September 30, 2018.		3,375,000		3,937,500
Total notes payable		6,489,571		7,222,262
Less current portion		2,946,885		2,946,885
Notes payable – non-current portion	$	3,542,686	$	4,275,377