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 ($)
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net Income $ 592,880 $ 576,210
Adjustments to reconcile net income to net cash used in operating activities:    
Common shares issued for services 37,500
Depreciation and amortization 59,174 40,914
Changes in operating assets and liabilities    
Accounts receivable 1,055,954 (839,445)
Inventories (719,104) (295,250)
Prepaid expenses (98,912) (27,037)
Deposits (7,500)
Deferred tax assets (62,656)
Accounts payable 306,949 477,127
Income taxes payable 433,936 353,161
Customer deposits 96,250 (108,535)
Accrued expenses and other current liabilities (67,960) (55,880)
Net cash provided by operating activities 1,596,511 151,265
Cash flows from investing activities:    
Acquisition of property and equipment (55,957) (93,805)
Payable for acquired technology (45,000)
Net cash used in investing activities (55,957) (138,805)
Cash flows from financing activities:    
Advances (repayment) of credit line net 39,711
Repayment of notes (31,979) (82,719)
Net cash used in financing activities (31,979) (43,008)
Increase (decrease) in cash and cash equivalents 1,508,575 (30,548)
Cash and cash equivalents, beginning of period 16,242,158 263,418
Cash and cash equivalents, end of period 17,750,733 232,870
Supplemental Cash Flow Information:    
Taxes Paid 4,776 24,004
Supplemental non-cash investing and financing activities:    
Assets acquired under notes payable $ 223,186