Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net Income (Loss) $ (95,361) $ 243,751
Adjustments to reconcile net income (loss) to net cash used in provided by operating activities:    
Fair value of vested stock options 128,383 0
Depreciation and amortization 154,947 120,080
Changes in operating assets and liabilities    
Accounts receivable (1,173,814) 2,691,458
Inventories (797,992) (897,078)
Prepaid expenses (298,929) (81,407)
Deposits (26,705) 0
Refundable income taxes 0 (988,168)
Deferred tax assets 0 (57,378)
Accounts payable (346,997) (550,984)
Income taxes payable 0 (1,227,308)
Customer deposits 158,124 977
Accrued expenses and other current liabilities 4,616 (227,916)
Net cash used in operating activities (2,293,728) (973,973)
Cash flows from investing activities:    
Acquisition of property and equipment (138,821) (158,445)
Net cash used in investing activities (138,821) (158,445)
Cash flows from financing activities:    
Repayment of notes (54,578) (57,895)
Net cash used in financing activities (54,578) (57,895)
Decrease in cash and cash equivalents (2,487,127) (1,190,313)
Cash and cash equivalents, beginning of period 14,201,163 16,242,158
Cash and cash equivalents, end of period 11,714,036 15,051,845
Supplemental Cash Flow Information:    
Taxes Paid 2,424,417
Interest Paid 5,404 10,193
Supplemental non-cash investing and financing activities:    
Assets acquired through issuance of notes payable $ 662,750