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Balance Sheets (Unaudited) - USD ($)
Sep. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 470,284 $ 628,804
Accounts receivable- trade, net of allowance for doubtful accounts of $10,000 2,795,743 3,053,091
Inventories, net 2,791,111 3,192,933
Prepaid expenses and other current assets 173,320 156,338
Total current assets 6,230,458 7,031,166
Property and equipment:    
Production equipment 9,587,303 9,550,043
Furniture and office equipment 525,055 519,779
Leasehold improvements 891,817 891,817
Total cost 11,004,175 10,961,639
Accumulated depreciation and amortization (10,113,918) (9,722,767)
Construction in progress 241,901 34,314
Net property and equipment 1,132,158 1,273,186
Right-of-use lease asset (note 4, leases) 207,000
Deferred taxes 186,747 186,747
Total assets 7,756,363 8,491,099
Current liabilities:    
Line of credit 412,732
Accounts payable 1,474,059 1,680,263
Accrued expenses 700,990 975,315
Current portion lease liability 148,000
Total current liabilities 2,735,781 2,655,578
Long term lease liability 59,000
Total liabilities 2,794,781 2,655,578
Stockholders equity:    
Common stock, $0.01 par value, authorized 20,000,000 shares; issued 13,427,492 and 13,425,992; outstanding 13,207,436 and 13,205,936; at September 28, 2019 and December 29, 2018 134,275 134,260
Additional paid-in capital 36,076,177 35,960,545
Accumulated deficit (30,731,817) (29,742,231)
Less cost of 220,056 common shares repurchased at September 28, 2019 and December 29, 2018 (517,053) (517,053)
Total stockholders equity 4,961,582 5,835,521
Total liabilities and stockholders equity $ 7,756,363 $ 8,491,099