Net sales for the fourth quarter of 2022 were $13,717,899 compared to $11,924,678 for the same period last year, an increase of 15%. Income before taxes for Q4 2022 was $2,045,138 compared to $2,040,241 for the same quarter in 2021, which is effectively unchanged on a year-over-year basis. Net income for this period was $1,446,209 (or $0.0451 per share), compared to $1,796,842 (or $0.0560 per share) for the same quarter a year ago, a decrease of 20%.

Net sales for the year ending 2022 were $57,873,545 compared to $43,824,030 for the same period in 2021, an increase of 32%. Income before taxes for this period was $8,867,258, compared to the 2021 figure of $7,218,149, an increase of 23%. Annual net income for 2022 was $6,603,589 (or $0.2059 per share), compared to $5,730,793 (or $0.1787 per share) for the same period a year ago, an increase