XML 40 R27.htm IDEA: XBRL DOCUMENT v3.24.2
Note 9 - Notes Payable (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Long-Term Debt Instruments [Table Text Block]
  

June 30,

  

December 31,

 
  

2024

  

2023

 

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 and maturing on October 15, 2025

 $888,711  $1,294,435 

Total notes payable

  888,711   1,294,435 

Less current portion

  850,185   824,226 

Notes payable – non-current portion

 $38,526  $470,209