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Balance Sheets (Unaudited) - USD ($)
Sep. 26, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 112,575 $ 133,965
Accounts receivable-trade, net 3,961,606 4,086,945
Inventories, net 4,187,272 3,099,824
Prepaid expenses and other current assets 173,583 147,786
Total current assets 8,435,036 7,468,520
Property and equipment:    
Production equipment 10,282,980 9,649,169
Furniture and office equipment 508,423 508,423
Leasehold improvements 934,195 934,195
Total cost 11,725,598 11,091,787
Accumulated depreciation and amortization (10,478,054) (10,110,663)
Construction in progress 127,408 255,754
Net property and equipment 1,374,952 1,236,878
Right-of-use lease asset 63,000 171,000
Deferred taxes, net 114,253 147,873
Total assets 9,987,241 9,024,271
Current liabilities:    
Borrowings against line of credit 835,123 1,249,588
Note payable, current portion 55,795
Accounts payable 1,221,642 1,436,417
Accrued expenses 720,182 815,166
Deferred revenue 358,000 21,110
Lease liability, current portion 63,000 148,000
Total current liabilities 3,253,742 3,670,281
Note payable less current portion 169,388
Long term lease liability 23,000
Total liabilities 3,423,130 3,693,281
Stockholders` equity:    
Common stock, $0.01 par value, authorized 20,000,000 shares; issued 13,716,242 and 13,427,492, respectively; outstanding 13,296,168 and 13,207,436, respectively; at September 26, 2020 and December 28, 2019; 137,162 134,275
Additional paid-in capital 36,633,553 36,094,201
Accumulated deficit (29,248,532) (30,380,433)
Less cost of 420,074 and 220,056 common shares repurchased, respectively; at September 26, 2020 and December 28, 2019 (958,072) (517,053)
Total stockholders` equity 6,564,111 5,330,990
Total liabilities and stockholders` equity $ 9,987,241 $ 9,024,271