Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 2,638,000	$ 2,097,300
Accounts receivable, net	3,498,200	3,456,400
Inventories, net	6,435,900	5,641,300
Income taxes receivable		7,000
Prepaid expenses	549,900	319,600
Total current assets	13,122,000	11,521,600
Property and equipment, net	637,500	578,400
Deferred tax asset	815,900	1,392,600
Goodwill	1,520,600	1,520,600
Intangible assets, net	6,458,700	6,769,100
Other assets	49,100	51,000
Total assets	22,603,800	21,833,300
Current liabilities:
Accounts payable	1,238,600	1,939,400
Accrued expenses	865,800	964,800
Income taxes payable	604,600
Current maturities of long-term debt	800,000	800,000
Total current liabilities	3,509,000	3,704,200
Line-of-credit	0	750,000
Long-term debt, net of current maturities and debt issuance costs	749,800	1,137,300
Total liabilities	4,258,800	5,591,500
Shareholders’ equity:
Preferred stock, no par value, authorized 20,000,000 shares; no shares issued and outstanding
Common stock; $0.10 par value, authorized 50,000,000 shares; issued and outstanding 11,885,839 shares (2017) and 11,749,589 shares (2016)	1,188,600	1,175,000
Capital in excess of par	6,311,000	6,177,800
Retained earnings	10,845,400	8,889,000
Total shareholders’ equity	18,345,000	16,241,800
Total liabilities and shareholders’ equity	$ 22,603,800	$ 21,833,300