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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 168,238 $ 983,305
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 99,567 116,545
Amortization of debt issuance cost 15,244 65,835
Stock-based compensation 281,523 338,923
Deferred income taxes 31,221 199,993
Bad debt expense 148,084
Changes in operating assets and liabilities:    
Increase in accounts receivable (778,025) (626,143)
Decrease (increase) in contract assets 1,295,119 (2,978,411)
Decrease in inventory 155,428 158,502
Decrease in prepaid expenses and other assets 145,568 6,714
Decrease in operating lease right-of-use assets 462,469 455,469
(Decrease) increase in accounts payable and accrued expenses (867,723) 1,217,630
(Decrease) increase in contract liabilities (1,440,404) 1,492,095
Decrease in lease liabilities (480,954) (425,234)
Decrease in loss reserve (204,145) (112,505)
Increase in income taxes payable 8,251
Net cash (used in) provided by operating activities (960,539) 892,718
Cash flows from investing activities:    
Purchase of property and equipment (46,775) (43,525)
Net cash used in investing activities (46,775) (43,525)
Cash flows from financing activities:    
Principal payments on line of credit (960,000)
Principal payments on long-term debt (22,235) (644,160)
Repayments of insurance financing obligation (87,177)
Debt issuance costs paid (54,334)
Net cash used in financing activities (1,069,412) (698,494)
Net (decrease) increase in cash (2,076,726) 150,699
Cash at beginning of period 5,094,794 3,847,225
Cash at end of period 3,018,068 3,997,924
Cash paid during the period for:    
Interest 622,371 651,984
Income taxes