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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net income/(loss) $ 3,204,996 $ (2,473,530)
Adjustments to reconcile net income/(loss) to net cash used in operating activities    
Stock-based compensation $ 750,758 515,933
(Gain) on sale of other fixed assets (8,000)
Depreciation and amortization [1] $ 826,529 797,928
Deferred income tax benefit 1,633,254 (1,483,789)
Provision for doubtful accounts (30,826) (58,007)
(Increase)/decrease in operating assets    
Accounts receivable 3,402,625 (3,521,600)
Cost in excess of billings on contracts in progress (2,136,356) (920,693)
Inventories, net 1,855,628 (344,709)
Other current assets 27,700 51,484
(Decrease)/increase in operating liabilities    
Accounts payable (1,374,835) 1,214,766
Accrued expenses 148,856 1,490,682
Billings in excess of costs and estimated earnings on contracts in progress (1,328,508) 1,075,618
Accrued litigation settlement (4,925,000) 4,925,000
Deferred revenue (181,008) 284,164
Total adjustments (1,331,183) 4,018,777
Net cash provided by operating activities 1,873,813 1,545,247
Cash flows from investing activities:    
Restricted cash 200,000 400,000
Capital expenditures $ (248,305) (617,761)
Proceeds from sale of other fixed assets 8,000
Deposits $ 960 1,617
Net cash (used in) investing activities $ (47,345) (208,144)
Cash flows from financing activities    
Net proceeds from stock options exercised 102,200
Payments of long-term debt $ (720,000) (720,000)
Net cash (used in) financing activities (720,000) (617,800)
Net increase in cash and cash equivalents 1,106,468 719,303
Cash and cash equivalents at beginning of year 11,966,863 11,247,560
Cash and cash equivalents at end of year 13,073,331 $ 11,966,863
Supplemental disclosure of cash flow information:    
Income taxes paid 427,078
Interest paid $ 92,101 $ 109,418
[1] Includes amortization expense of $24,759 and $20,007 for the years ending December 31, 2015 and 2014, respectively. Such amortization expense relates to other capitalized and intangible assets.