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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Revenues:        
Product sales $ 7,418,138 $ 7,070,743 $ 14,518,405 $ 13,723,457
Total revenues 7,418,138 7,070,743 14,518,405 13,723,457
Cost of product sales 5,221,880 5,242,106 10,077,444 9,931,330
Gross Margin 2,196,259 1,828,637 4,440,961 3,792,127
Selling, general, and administrative expense 1,465,349 1,159,157 3,015,871 2,575,550
Income from operations 730,910 669,480 1,425,090 1,216,577
Interest income (expense), net 79,652 1,594 95,242 (319)
Net income before income tax 810,562 671,074 1,520,332 1,216,258
Income tax provision 210,058 215,966 460,628 341,714
Net income $ 600,503 $ 455,108 $ 1,059,704 $ 874,544
Net income per basic common share (in dollars per share) $ 0.04 $ 0.03 $ 0.07 $ 0.06
Weighted average number of basic common shares outstanding (in shares) 14,493,970 14,431,825 14,473,128 14,410,064
Net income per diluted common share (in dollars per share) $ 0.04 $ 0.03 $ 0.07 $ 0.06
Weighted average number of diluted common shares outstanding (in shares) 14,621,929 14,708,646 14,630,765 14,682,516