Note 12 - Acquisitions (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Business Acquisition, Pro Forma Information [Table Text Block]

	Nine Months ended				Nine Months ended
	September 30, 2023				September 30, 2022
	Sales		Net Income		Sales		Net Income
Acquired Companies:
Reverso Pumps (acquired January 10, 2022)	$	4,987,873	$	863,978	$	3,930,057	$	663,070
Separ America (acquired January 10, 2022)		1,942,594		617,175		1,440,788		247,346
Knitting Machinery (acquired May 1, 2022)		229,080		19,014		818,108		73,195
Subtotal Acquired Companies	$	7,159,547	$	1,500,167		6,188,953		983,611
All Other Companies		102,899,337		8,557,383		88,905,443		2,508,073
Total	$	110,058,884	$	10,057,550	$	95,094,396	$	3,491,684

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 Assets: Customer List & Trademarks		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