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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 423,015 $ 1,735,621
Investment securities, available-for-sale, at fair value 1,056,095 1,041,790
Accounts receivable, net    
Trade - billed (less allowance for doubtful accounts of $349,435 and $375,919) 7,288,517 6,795,215
Trade - unbilled 738,544 197,363
Inventories    
Raw materials 882,802 724,143
Finished goods 1,728,440 1,770,141
Prepaid expenses and other assets 354,418 194,429
Refundable income taxes 523,690 383,820
Deferred taxes 701,000 665,000
Total current assets 13,696,521 13,507,522
Property and equipment, net 5,858,944 5,073,867
Other assets 202,913 268,721
Total assets 19,758,378 18,850,110
Current liabilities    
Accounts payable - trade 1,869,794 1,743,945
Accrued expenses and other liabilities 1,358,380 974,785
Accrued compensation 709,642 449,723
Income taxes payable 494,095 435,717
Customer deposits 675,820 923,943
Total current liabilities 5,107,731 4,528,113
Notes payable - less current maturities 2,390,769 2,076,675
Deferred tax liability 956,000 855,000
Total liabilities 8,454,500 7,459,788
Commitments and contingencies   0
Stockholders’ equity    
Preferred stock, $.01 par value; authorized 1,000,000 shares, none issued and outstanding 0 0
Common stock, $.01 par value; authorized 8,000,000 shares; 4,919,548 issued and outstanding 49,195 49,195
Additional paid-in capital 5,110,398 5,110,398
Accumulated other comprehensive loss, net (6,025) (9,357)
Retained earnings 6,252,610 6,342,386
Stockholders' Equity before Treasury Stock 11,406,178 11,492,622
Treasury stock, at cost, 40,920 shares (102,300) (102,300)
Total stockholders’ equity 11,303,878 11,390,322
Total liabilities and stockholders' equity $ 19,758,378 $ 18,850,110