Note 12 - Acquisitions (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Business Acquisition, Pro Forma Information [Table Text Block]

	Six Months ended				Six Months ended
	June 30, 2023				June 30, 2022
	Sales		Net Income		Sales		Net Income
Acquired Companies:
Reverso Pumps (acquired January 10, 2022)	$	3,488,362	$	628,288	$	2,548,563	$	351,769
Separ America (acquired January 10, 2022)		1,493,852		487,400		869,739		234,595
Knitting Machinery (acquired May 1, 2022)		138,566		15,519		579,388		61,415
Subtotal Acquired Companies	$	5,120,780		1,131,207		3,997,690		647,779
All Other Companies		71,296,591		6,111,608		58,907,083		1,589,360
Total	$	76,417,371	$	7,242,815	$	62,904,773	$	2,237,139

Knitting Machinery Company of America LLC [Member]

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Cash Consideration Transferred	$	250,000
Fair Value of Stock Consideration		1,000,012
Total Consideration	$	1,250,012
Cash	$	100,000
Accounts Receivable		155,932
Inventory		517,270
Fixed Assets		90,603
Intangible Assets		150,000
Goodwill		645,372
Total Assets Acquired	$	1,659,177
Accounts Payable	$	33,694
Deferred Revenue		375,471
Total Liabilities Assumed	$	409,165
Total Fair Value		1,250,012
Acquisition transaction costs incurred were:	$	30,479

Reverso Pumps, Inc. [Member]

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Cash Consideration Transferred	$	3,951,392
Seller Transaction Costs		230,359
Total Consideration	$	4,181,751
Accounts Receivable		466,887
Inventory		1,308,822
Fixed Assets		64,710
Prepaid and Other Assets		64,080
Intangible Asset: Customer List & Trademark		1,300,000
Goodwill		1,572,913
Total Assets Acquired	$	4,777,412
Accounts Payable	$	542,359
Accrued Expense		53,302
Total Liabilities Assumed	$	595,661
Total Fair Value	$	4,181,751
Acquisition transaction costs incurred were:	$	124,825