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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Revenues:        
Product sales $ 6,285,041 $ 6,748,117 $ 20,803,447 $ 20,471,574
Total Revenues 6,285,041 6,748,117 20,803,447 20,471,574
Cost of product sales 5,049,177 4,864,876 15,126,621 14,796,206
Gross Profit 1,235,864 1,883,241 5,676,826 5,675,368
Selling, general and administrative expense 1,105,227 1,174,581 4,121,099 3,750,131
Operating income 130,637 708,660 1,555,727 1,925,237
Interest income (expense), net 78,181 (1,892) 176,325 (6,245)
Other income (expense), net (1,228) 645,594 (4,130) 649,628
Net income before income tax expense 207,590 1,352,362 1,727,922 2,568,620
Income tax provision 36,509 364,497 497,137 706,211
Net income $ 171,081 $ 987,865 $ 1,230,785 $ 1,862,409
Net income per basic common share (in dollars per share) $ 0.01 $ 0.07 $ 0.08 $ 0.13
Weighted average number of basic common shares outstanding (in shares) 14,517,364 14,434,468 14,487,873 14,417,995
Net income per diluted common share (in dollars per share) $ 0.01 $ 0.07 $ 0.08 $ 0.13
Weighted average number of diluted common shares outstanding (in shares) 14,636,241 14,686,476 14,632,591 14,683,632