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Balance Sheets (Current Period Unaudited) - USD ($)
Jul. 02, 2022
Jun. 30, 2022
Dec. 31, 2021
Dec. 25, 2021
Current assets:        
Cash and cash equivalents $ 5,076,282     $ 5,050,312
Accounts receivable-trade, net 4,536,973     4,870,021
Inventories, net 4,665,719     3,911,602
Prepaid expenses and other current assets 313,501     225,873
Total current assets 14,592,475     14,057,808
Property and equipment:        
Production equipment 10,545,236     10,489,729
Furniture and office equipment 738,205     673,305
Leasehold improvements 968,509     951,384
Total cost 12,251,950     12,114,418
Accumulated depreciation and amortization (11,212,803)     (11,028,154)
Construction in progress 373,776     246,669
Net property and equipment 1,412,923     1,332,933
Right-of-use lease asset 528,000     586,000
Deferred taxes, net 2,482,720     2,823,978
Total assets 19,016,118     18,800,719
Current liabilities:        
Note payable, current portion   $ 47,321 $ 55,906  
Accounts payable   1,621,278 2,100,251  
Accrued expenses   648,180 1,086,429  
Deferred revenue   1,752,543 1,707,138  
Current lease liability 157,000 157,000 155,000  
Total current liabilities   4,226,322 5,104,724  
Note payable less current portion   77,120 98,684  
Long-term lease liability 371,000 371,000 431,000  
Total liabilities   4,674,442 5,634,408  
Commitments and contingencies (note 4)    
Stockholders` equity:        
Common stock, $0.01 par value, authorized 20,000,000 shares; issued 14,438,786 and 14,350,786; outstanding 14,434,468 and 14,350,451; at July 2, 2022 and December 25, 2021, respectively;   144,388 143,508  
Additional paid-in capital   39,600,085 39,281,810  
Accumulated deficit   (25,381,948) (26,256,492)  
Less cost of 4,318 and 335 common shares repurchased at July 2, 2022 and December 25, 2021, respectively;   (20,849) (2,515)  
Total stockholders` equity $ 14,341,676 14,341,676 13,166,311 $ 13,166,311
Total liabilities and stockholders` equity   $ 19,016,118 $ 18,800,719