XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Balance Sheets (Unaudited) (USD $)
Mar. 29, 2014
Dec. 28, 2013
Adjustments to reconcile net income to cash used in operating activities    
Cash and cash equivalents $ 856,719 $ 1,571,054
Accounts receivable-trade, net 4,490,388 2,900,457
Inventories, net 2,208,982 2,183,699
Prepaid expenses and other current assets 156,061 175,726
Deferred taxes 531,377 649,420
Total current assets 8,243,527 7,480,356
Property and equipment:    
Production equipment 7,766,239 7,728,408
Furniture and office equipment 397,988 383,990
Leasehold improvements 759,819 759,819
Total cost 8,924,046 8,872,217
Accumulated depreciation and amortization (7,621,363) (7,470,815)
Construction in progress 486,363 431,385
Net property and equipment 1,789,046 1,832,787
Deferred taxes, non-current portion 1,797,811 1,826,482
Total Assets 11,830,384 11,139,625
Current liabilities:    
Accounts payable 1,502,233 1,091,909
Accrued expenses 1,066,213 1,106,813
Obligations under capital leases, current portion 55,848 76,372
Total current liabilities 2,624,294 2,275,094
Total liabilities 2,624,294 2,275,094
Stockholders equity:    
Common stock, $0.01 par value, authorized 15,000,000 shares; issued 13,210,942 and 13,178,042 shares; outstanding 13,084,577 and 13,066,641 shares; at March 29, 2014 and December 28, 2013, respectively 132,109 131,781
Additional paid-in capital 34,416,460 34,278,757
Accumulated deficit (25,070,713) (25,318,332)
Less cost of 126,365 and 111,401 common shares repurchased at March 29, 2014 and December 28, 2013, respectively (271,766) (227,675)
Total stockholders equity 9,206,090 8,864,531
Total liabilities and stockholders equity $ 11,830,384 $ 11,139,625