CPS Technologies (CPSH) 10-Q 9 May 23 2023 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Apr. 01, 2023	Apr. 25, 2023
Document Information [Line Items]
Entity Central Index Key	0000814676
Entity Registrant Name	CPS TECHNOLOGIES CORP/DE/
Amendment Flag	false
Current Fiscal Year End Date	--12-30
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 01, 2023
Document Transition Report	false
Entity File Number	0-16088
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	04-2832509
Entity Address, Address Line One	111 South Worcester Street
Entity Address, City or Town	Norton
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02766-2102
City Area Code	508
Local Phone Number	222-0614
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	CPSH
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		14,469,677

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Apr. 01, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 7,369,863	$ 8,266,753
Accounts receivable-trade, net	4,714,138	3,777,975
Accounts receivable-other	700,703	685,668
Inventories, net	4,692,655	4,875,901
Prepaid expenses and other current assets	299,601	211,242
Total current assets	17,776,960	17,817,539
Property and equipment:
Production equipment	10,900,344	10,770,427
Furniture and office equipment	952,883	952,883
Leasehold improvements	985,649	985,649
Total cost	12,838,876	12,708,959
Accumulated depreciation and amortization	(11,571,509)	(11,446,901)
Construction in progress	111,612	64,910
Net property and equipment	1,378,979	1,326,968
Right-of-use lease asset (note 4, leases)	433,000	466,000
Deferred taxes, net	1,842,992	2,069,436
Total Assets	21,431,931	21,679,943
Current liabilities:
Note payable, current portion	44,424	43,711
Accounts payable	2,046,893	1,836,865
Accrued expenses	731,454	820,856
Deferred revenue	1,828,068	2,521,128
Current lease liability	157,000	157,000
Total current liabilities	4,807,839	5,379,560
Note payable less current portion	43,439	54,847
Deferred Revenue – Long term	0	231,020
Long-term lease liability	276,000	309,000
Total liabilities	5,127,278	5,974,427
Commitments & Contingencies
Stockholders’ equity:
Common stock, $0.01 par value, authorized 20,000,000 shares; issued 14,467,487 and 14, 460,486 shares; outstanding 14,457,186 and 14, 450,470 shares; at April 1, 2023 and December 31, 2022, respectively	144,675	144,605
Additional paid-in capital	39,867,507	39,726,851
Accumulated deficit	(23,665,891)	(24,125,092)
Less cost of 10,301 and 10,016 common shares repurchased at April 1, 2023 and December 31, 2022, respectively	(41,638)	(40,848)
Total stockholders’ equity	16,304,653	15,705,516
Total liabilities and stockholders’equity	$ 21,431,931	$ 21,679,943

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parentheticals) - $ / shares	Apr. 01, 2023	Dec. 31, 2022
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized shares (in shares)	20,000,000	20,000,000
Common stock, issued shares (in shares)	14,467,487	14,457,186
Common stock, outstanding shares (in shares)	14,460,486	14,450,470
Treasury Stock, Common, Shares	10,301	10,016

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Revenues:
Product sales	$ 7,100,267	$ 6,652,714
Total revenues	7,100,267	6,652,714
Cost of product sales	4,855,564	4,689,224
Gross Margin	2,244,703	1,963,490
Selling, general, and administrative expense	1,550,522	1,416,393
Income from operations	694,181	547,097
Other income (expense), net	15,590	(1,913)
Income before taxes	709,771	545,184
Income tax provision	250,570	125,748
Net income	$ 459,201	$ 419,436
Net income per basic common share (in dollars per share)	$ 0.03	$ 0.03
Weighted average number of basic common shares outstanding (in shares)	14,452,284	14,389,857
Net income per diluted common share (in dollars per share)	$ 0.03	$ 0.03
Weighted average number of diluted common shares outstanding (in shares)	14,639,600	14,657,939

Statements of Stockholders' Equ

Statements of Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock, Common [Member]	Total
Balance (in shares) at Dec. 25, 2021	14,350,786
Balance at Dec. 25, 2021	$ 143,508	$ 39,281,810	$ (26,256,492)	$ (2,515)	$ 13,166,311
Share-based compensation expense	$ 0	124,471	0	0	$ 124,471
Employee options exercises (in shares)	72,700				72,700
Employee options exercises	$ 727	150,308	0	(3,108)	$ 147,927
Net income	0	0	419,436	0	419,436
Issuance of Common Stock	$ 0	(9,614)	0	0	(9,614)
Balance (in shares) at Apr. 02, 2022	14,423,486
Balance at Apr. 02, 2022	$ 144,235	39,546,975	(25,837,056)	(5,623)	13,848,531
Balance (in shares) at Dec. 31, 2022	14,460,486
Balance at Dec. 31, 2022	$ 144,605	39,726,851	(24,125,092)	(40,848)	15,705,516
Share-based compensation expense	$ 0	130,441	0	0	$ 130,441
Employee options exercises (in shares)	7,001				7,001
Employee options exercises	$ 70	10,215	0	(790)	$ 9,495
Net income	$ 0	0	459,201	0	459,201
Balance (in shares) at Apr. 01, 2023	14,467,487
Balance at Apr. 01, 2023	$ 144,675	$ 39,867,507	$ (23,665,891)	$ (41,638)	$ 16,304,653

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Cash flows from operating activities:
Net income	$ 459,201	$ 419,436
Adjustments to reconcile net income to cash used in operating activities:
Depreciation and amortization	124,608	105,121
Share-based compensation	130,441	124,471
Changes in:
Accounts receivable - trade	(936,163)	(32,497)
Accounts receivable - other	(15,035)
Inventories	183,246	(793,924)
Prepaid expenses and other current assets	(88,359)	(109,090)
Accounts payable	210,028	150,871
Accrued expenses	(89,402)	(368,947)
Deferred Taxes	226,444	125,292
Deferred revenue	(924,080)
Net cash used in operating activities	(719,071)	(379,267)
Cash flows from investing activities:
Purchases of property and equipment	(176,618)	(94,683)
Net cash used in investing activities	(176,618)	(94,683)
Cash flows from financing activities:
Proceeds from exercise of employee stock options	9,495	138,313
Payments on note payable	(10,696)	(14,981)
Net cash provided by financing activities	(1,201)	123,332
Net decrease in cash and cash equivalents	(896,890)	(350,618)
Cash and cash equivalents at beginning of period	8,266,753	5,050,312
Cash and cash equivalents at end of period	7,369,863	4,699,694
Supplemental disclosures of cash flows information:
Cash paid for interest	1,538	2,269
Supplemental disclosures of non-cash activity:
Net exercise of stock options	$ 790	$ 3,108

Note 1 - Nature of Business

Note 1 - Nature of Business	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	( 1 ) Nature of Business CPS Technologies Corporation (the “Company” or “CPS”) provides advanced material solutions to the electronics, power generation, automotive and other industries. The Company’s primary advanced material solution is metal-matrix composites which are a combination of metal and ceramic. CPS also assembles housings and packages for hybrid circuits. These housings and packages may may Using its proprietary MMC technology, the Company also produces light-weight armor, particularly for extreme environments and heavy threat levels. The Company sells into several end markets including the wireless communications infrastructure market, high-performance microprocessor market, motor controller market, and other microelectronic and defense markets.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 2 ) Summary of Significant Accounting Policies As permitted by the rules of the Securities and Exchange Commission applicable to quarterly reports on Form 10 not The accompanying financial statements are unaudited. In the opinion of management, the unaudited financial statements of CPS reflect all normal recurring adjustments which are necessary to present fairly the financial position and results of operations for such periods. The Company’s balance sheet at December 31, 2022 not For further information, refer to the financial statements and footnotes thereto included in the Registrant’s Annual Report on Form 10 December 31, 2022 The results of operations for interim periods are not

Note 3 - Net Income Per Common

Note 3 - Net Income Per Common and Common Equivalent Share	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	( 3 ) Net Income Per Common and Common Equivalent Share Basic net income per common share is calculated by dividing net income by the weighted average number of common shares outstanding during the period. Diluted net income per common share is calculated by dividing net income by the sum of the weighted average number of common shares plus additional common shares that would have been outstanding if potential dilutive common shares had been issued for granted stock options and stock purchase rights. Common stock equivalents are excluded from the diluted calculations when a net loss is incurred as they would be anti-dilutive. The following table presents the calculation of both basic and diluted EPS: Three Months Ended April 1, 2023 April 2, 2022 Basic EPS Computation: Numerator: Net income $ 459,201 $ 419,436 Denominator: Weighted average Common shares Outstanding 14,452,284 14,389,857 Basic EPS $ 0.03 $ 0.03 Diluted EPS Computation: Numerator: Net income $ 459,201 $ 419,436 Denominator: Weighted average Common shares Outstanding 14,452,284 14,389,857 Dilutive effect of stock options 187,316 268,082 Total Shares 14,639,600 14,657,939 Diluted EPS $ 0.03 $ 0.03

Note 4 - Commitments & Continge

Note 4 - Commitments & Contingencies	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	( 4 ) Commitments & Contingencies Commitments Leases The Company has one February 2026. None 12 The real estate lease expiring in 2026 April 1, 2023 not Operating Leases The Norton facility lease comprises approximately 38 thousand square feet. The lease is triple net lease wherein the Company is responsible for payment of all real estate taxes, operating costs and utilities. The Company also has an option to renew the lease starting in March 2026 February 2032. not not The following table presents information about the amount, timing and uncertainty of cash flows arising from the Company’s capitalized operating leases as of April 1, 2023 (Dollars in Thousands) April 1, 2023 Maturity of capitalized lease liabilities Lease payments Remaining 2023 121 2024 165 2025 165 2026 28 Total undiscounted operating lease payments $ 479 Less: Imputed interest (46 ) Present value of operating lease liability $ 433 Balance Sheet Classification Current lease liability $ 157 Long-term lease liability 276 Total operating lease liability $ 433 Other Information Weighted-average remaining lease term for capitalized operating leases (in months) 35 Weighted-average discount rate for capitalized operating leases 6.6 % Operating Lease Costs and Cash Flows Operating lease cost and cash paid was $41 thousand during the first 2023. Finance Leases The company does not

Note 5 - Share-based Payments

Note 5 - Share-based Payments	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	( 5 ) Share-Based Payments The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. That cost is recognized over the period during which an employee is required to provide services in exchange for the award, the requisite service period (usually the vesting period). The Company provides an estimate of forfeitures at initial grant date. Reductions in compensation expense associated with the forfeited options are estimated at the date of grant, and this estimated forfeiture rate is adjusted periodically based on actual forfeiture experience. The company uses the Black-Scholes option pricing model to determine the fair value of the stock options granted. During the quarters ended April 1, 2023 April 2, 2022, 2020 April 1, 2023 April 2, 2022. During the quarter ended April 1, 2023, April 2, 2022, During the quarter ended April 1, 2023, April 2, 2022, There were also 1,004,400 options outstanding at a weighted average price of $2.51 with a weighted average remaining term of 6.10 years as of April 1, 2023, April 2, 2022. April 1, 2023, As of April 1, 2023, During the quarters ended April 1, 2023 April 2, 2022,

Note 6 - Inventories

Note 6 - Inventories	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Inventory Disclosure [Text Block]	( 6 ) Inventories Inventories consist of the following: April 1, 2023 December 31, 2022 Raw materials $ 2,732,661 $ 2,645,442 Work in process 1,726,410 1,863,512 Finished goods 483,009 525,872 Gross inventory 4,942,081 5,034,826 Reserve for obsolescence (249,425 ) (158,925 ) Inventories, net $ 4,692,655 $ 4,875,901

Note 7 - Accrued Expenses

Note 7 - Accrued Expenses	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	( 7 ) Accrued Expenses Accrued expenses consist of the following: April 1, 2023 December 31, 2022 Accrued legal and accounting $ 32,500 $ 35,398 Accrued payroll and related expenses 576,532 760,305 Accrued other 122,422 25,153 Total Accrued Expenses $ 731,454 $ 820,856

Note 8 - Line of Credit

Note 8 - Line of Credit	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	( 8 ) Line of Credit In September 2019, may May 2020 April 1, 2023, The line of credit is subject to certain financial covenants, all of which have been met.

Note 9 - Notes Payable

Note 9 - Notes Payable	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Long-Term Debt [Text Block]	( 9 ) Note Payable In March 2020, third The aggregate maturities of the notes payable based on the payment terms of the agreement are as follows: Remaining in: FY 2023 33,016 FY 2024 $ 46,757 FY 2025 $ 8,090 Total 87,863 Total interest expense on notes payable during Q1 2023 Q1 2022.

Note 10 - Income Taxes

Note 10 - Income Taxes	3 Months Ended
	Apr. 01, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 10 ) Income Taxes A valuation allowance against deferred tax assets is required to be established or maintained when it is "more likely than not" not December 2018, not not In September 2021 not 2021. first 2023 Q1

Note 3 - Net Income Per Commo_2

Note 3 - Net Income Per Common and Common Equivalent Share (Tables)	3 Months Ended
	Apr. 01, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended April 1, 2023 April 2, 2022 Basic EPS Computation: Numerator: Net income $ 459,201 $ 419,436 Denominator: Weighted average Common shares Outstanding 14,452,284 14,389,857 Basic EPS $ 0.03 $ 0.03 Diluted EPS Computation: Numerator: Net income $ 459,201 $ 419,436 Denominator: Weighted average Common shares Outstanding 14,452,284 14,389,857 Dilutive effect of stock options 187,316 268,082 Total Shares 14,639,600 14,657,939 Diluted EPS $ 0.03 $ 0.03

Note 4 - Commitments & Contin_2

Note 4 - Commitments & Contingencies (Tables)	3 Months Ended
	Apr. 01, 2023
Notes Tables
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	(Dollars in Thousands) April 1, 2023 Maturity of capitalized lease liabilities Lease payments Remaining 2023 121 2024 165 2025 165 2026 28 Total undiscounted operating lease payments $ 479 Less: Imputed interest (46 ) Present value of operating lease liability $ 433 Balance Sheet Classification Current lease liability $ 157 Long-term lease liability 276 Total operating lease liability $ 433 Other Information Weighted-average remaining lease term for capitalized operating leases (in months) 35 Weighted-average discount rate for capitalized operating leases 6.6 %

Note 6 - Inventories (Tables)

Note 6 - Inventories (Tables)	3 Months Ended
	Apr. 01, 2023
Notes Tables
Schedule of Inventory, Current [Table Text Block]	April 1, 2023 December 31, 2022 Raw materials $ 2,732,661 $ 2,645,442 Work in process 1,726,410 1,863,512 Finished goods 483,009 525,872 Gross inventory 4,942,081 5,034,826 Reserve for obsolescence (249,425 ) (158,925 ) Inventories, net $ 4,692,655 $ 4,875,901

Note 7 - Accrued Expenses (Tabl

Note 7 - Accrued Expenses (Tables)	3 Months Ended
	Apr. 01, 2023
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	April 1, 2023 December 31, 2022 Accrued legal and accounting $ 32,500 $ 35,398 Accrued payroll and related expenses 576,532 760,305 Accrued other 122,422 25,153 Total Accrued Expenses $ 731,454 $ 820,856

Note 9 - Notes Payable (Tables)

Note 9 - Notes Payable (Tables)	3 Months Ended
	Apr. 01, 2023
Notes Tables
Schedule of Maturities of Long-Term Debt [Table Text Block]	Remaining in: FY 2023 33,016 FY 2024 $ 46,757 FY 2025 $ 8,090 Total 87,863

Note 3 - Net Income Per Commo_3

Note 3 - Net Income Per Common and Common Equivalent Share - Basic and Diluted Earnings Per Share (Details) - USD ($)	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Basic EPS Computation:
Net income	$ 459,201	$ 419,436
Weighted average common shares outstanding (in shares)	14,452,284	14,389,857
Basic EPS (in dollars per share)	$ 0.03	$ 0.03
Diluted EPS Computation:
Net income	$ 459,201	$ 419,436
Weighted average common shares outstanding (in shares)	14,452,284	14,389,857
Dilutive effect of stock options (in shares)	187,316	268,082
Total Shares (in shares)	14,639,600	14,657,939
Diluted EPS (in dollars per share)	$ 0.03	$ 0.03

Note 4 - Commitments & Contin_3

Note 4 - Commitments & Contingencies (Details Textual) ft² in Thousands, $ in Thousands	3 Months Ended
	Apr. 01, 2023 USD ($) ft²
Area of Real Estate Property (Square Foot) | ft²	38
Norton Facility [Member]
Operating Lease, Expense	$ 41
Minimum [Member]
Lessee, Operating Lease, Annual Rent Payments	152
Maximum [Member]
Lessee, Operating Lease, Annual Rent Payments	$ 165

Note 4 - Commitments & Contin_4

Note 4 - Commitments & Contingencies - Maturity of Capitalized Lease Liabilities (Details) - USD ($)	Apr. 01, 2023	Dec. 31, 2022
Remaining 2023	$ 121,000
2024	165,000
2025	165,000
2026	28,000
Total undiscounted operating lease payments	479,000
Less: Imputed interest	(46,000)
Present value of operating lease liability	433,000
Current lease liability	157,000	$ 157,000
Long-term lease liability	276,000	$ 309,000
Total operating lease liability	$ 433,000
Weighted-average remaining lease term for capitalized operating leases (in months) (Year)	35 years
Weighted-average discount rate for capitalized operating leases	6.60%

Note 5 - Share-based Payments (

Note 5 - Share-based Payments (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)	7,001	72,700
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in dollars per share)	$ 1.47	$ 2.08
Stock Repurchased During Period, Shares (in shares)	285	840
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)	1,004,400	971,600
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 2.51	$ 2.37
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term (Year)	6 years 1 month 6 days	6 years 8 months 1 day
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	1,500,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)	865,800
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Number (in shares)	639,100
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 523
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	1 year 4 months 28 days
Share-Based Payment Arrangement, Expensed and Capitalized, Amount	$ 130	$ 124
Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)	0	170,000
Outside Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)	50,000	38,000

Note 6 - Inventories - Inventor

Note 6 - Inventories - Inventories (Details) - USD ($)	Apr. 01, 2023	Dec. 31, 2022
Raw materials	$ 2,732,661	$ 2,645,442
Work in process	1,726,410	1,863,512
Finished goods	483,009	525,872
Gross inventory	4,942,081	5,034,826
Reserve for obsolescence	(249,425)	(158,925)
Inventories, net	$ 4,692,655	$ 4,875,901

Note 7 - Accrued Expenses - Acc

Note 7 - Accrued Expenses - Accrued Expenses (Details) - USD ($)	Apr. 01, 2023	Dec. 31, 2022
Accrued legal and accounting	$ 32,500	$ 35,398
Accrued payroll and related expenses	576,532	760,305
Accrued other	122,422	25,153
Total Accrued Expenses	$ 731,454	$ 820,856

Note 8 - Line of Credit (Detail

Note 8 - Line of Credit (Details Textual) - Massachusetts Business Development Corporation [Member] - Revolving Credit Facility [Member] - USD ($) $ in Thousands		1 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Apr. 01, 2023	May 31, 2020
Line of Credit Facility, Maximum Borrowing Capacity	$ 2,500	$ 2,500		$ 3,000
Debt Instrument, Termination Period (Year)	3 years
Long-term Line of Credit, Total			$ 0
Line of Credit Facility, Remaining Borrowing Capacity			$ 3,000
London Interbank Offered Rate (LIBOR) 1 [Member]
Debt Instrument, Basis Spread on Variable Rate		5.50%

Note 9 - Notes Payable (Details

Note 9 - Notes Payable (Details Textual) - USD ($)		1 Months Ended	3 Months Ended
	Sep. 30, 2019	Mar. 31, 2020	Apr. 01, 2023	Apr. 02, 2022	Dec. 31, 2022
Property, Plant and Equipment, Gross, Ending Balance			$ 12,838,876		$ 12,708,959
Interest Expense, Debt			$ 1,538	$ 2,269
Massachusetts Business Development Corporation [Member] | Revolving Credit Facility [Member]
Debt Instrument, Termination Period (Year)	3 years
Microscope Note Payable [Member]
Debt Instrument, Term (Year)		5 years
Debt Instrument, Periodic Payment, Total		$ 4,000
Debt Instrument, Interest Rate, Stated Percentage		6.47%
Sonoscan Ultrasound Microscope [Member]
Property, Plant and Equipment, Gross, Ending Balance		$ 208,000

Note 9 - Note Payable - Note Pa

Note 9 - Note Payable - Note Payable Maturities (Details)	Apr. 01, 2023 USD ($)
FY 2023	$ 33,016
FY 2024	46,757
FY 2025	8,090
Total	$ 87,863

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual)	3 Months Ended
	Apr. 01, 2023 USD ($)
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 226