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Balance Sheets (Current Period Unaudited) - USD ($)
Oct. 01, 2022
Dec. 25, 2021
Current assets:    
Cash and cash equivalents $ 5,598,503 $ 5,050,312
Accounts receivable-trade, net 5,835,738 4,870,021
Inventories, net 4,868,550 3,911,602
Prepaid expenses and other current assets 246,680 225,873
Total current assets 16,549,471 14,057,808
Property and equipment:    
Production equipment 10,771,477 10,489,729
Furniture and office equipment 940,128 673,305
Leasehold improvements 968,509 951,384
Total cost 12,680,114 12,114,418
Accumulated depreciation and amortization (11,317,632) (11,028,154)
Construction in progress 46,267 246,669
Net property and equipment 1,408,749 1,332,933
Right-of-use lease asset 497,000 586,000
Deferred taxes, net 2,118,223 2,823,978
Total assets 20,573,443 18,800,719
Current liabilities:    
Note payable, current portion 43,136 55,906
Accounts payable 2,044,857 2,100,251
Accrued expenses 865,537 1,086,429
Deferred revenue 1,707,138 1,707,138
Current lease liability 157,000 155,000
Total current liabilities 4,817,668 5,104,724
Note payable less current portion 65,947 98,684
Long-term lease liability 340,000 431,000
Total liabilities 5,223,615 5,634,408
Commitments (note 4)
Stockholders` equity:    
Common stock, $0.01 par value, authorized 20,000,000 shares; issued 14,438,786 and 14,350,786, respectively; outstanding 14,434,468 and 14,348,451, respectively; at October 1, 2022 and December 25, 2021; 144,388 143,508
Additional paid-in capital 39,620,372 39,281,810
Accumulated deficit (24,394,083) (26,256,492)
Less cost of 4,318 and 335 common shares repurchased, respectively; at October 1, 2022 and December 25, 2021 (20,849) (2,515)
Total stockholders` equity 15,349,828 13,166,311
Total liabilities and stockholders` equity $ 20,573,443 $ 18,800,719