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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 26, 2021
Jun. 27, 2020
Jun. 26, 2021
Jun. 27, 2020
Product sales $ 5,862,183 $ 5,758,015 $ 10,727,890 $ 12,269,586
Total revenues 5,862,183 5,758,015 10,727,890 12,269,586
Cost of product sales 4,510,600 4,574,686 8,432,168 9,536,047
Gross Margin 1,351,583 1,183,329 2,295,722 2,733,539
Selling, general, and administrative expense 1,098,616 852,773 2,007,087 1,781,362
Income from operations 252,967 330,556 288,635 952,176
Interest income (expense), net (13,769) (31,325) (18,079) (51,291)
Net income before income tax 239,198 299,231 270,556 900,885
Income tax provision 0 0 456 0
Net income $ 239,198 $ 299,231 $ 270,101 $ 900,885
Net income per basic common share (in dollars per share) $ 0.02 $ 0.02 $ 0.02 $ 0.07
Weighted average Common shares Outstanding (in shares) 13,982,177 13,207,436 13,783,276 13,207,436
Net income per diluted common share (in dollars per share) $ 0.02 $ 0.02 $ 0.02 $ 0.07
Weighted average number of diluted common shares outstanding (in shares) 14,550,918 13,259,783 14,407,904 13,253,457