For the quarter ending 2026-03-31, CVR has $23,869,377 in assets. $5,427,074 in debts. $1,446,794 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,446,794 | 1,718,237 | 1,682,919 | 1,213,830 |
| Short-term investments | - | 0 | 0 | 0 |
| Accounts receivable - less allowances of 155,000 | 4,611,766 | 3,576,966 | 4,849,224 | 4,840,856 |
| Contract assets | 6,374 | 55,497 | 10,460 | 19,907 |
| Inventories, net | 6,306,553 | 6,170,980 | 6,349,195 | 6,440,210 |
| Assets held for sale | 179,254 | 179,254 | 0 | 0 |
| Income taxes receivable | 37,705 | 43,949 | 48,231 | 25,973 |
| Other current assets | 437,041 | 498,440 | 597,482 | 434,810 |
| Total current assets | 13,025,487 | 12,243,323 | 13,537,511 | 12,975,586 |
| Property, plant and equipment, net | 9,443,270 | 9,641,440 | 10,049,017 | 10,207,093 |
| Deferred income taxes, net | 1,001,242 | 1,001,242 | - | - |
| Operating lease right-of-use asset, net | 355,408 | 371,464 | 397,752 | 413,683 |
| Deposits with vendors | 43,970 | 43,970 | 43,970 | 43,970 |
| Total assets | 23,869,377 | 23,301,439 | 24,028,250 | 23,640,332 |
| Accounts payable | 1,393,444 | 742,292 | 1,036,043 | 847,130 |
| Accrued wages and salaries | 639,302 | 491,913 | 681,814 | 539,873 |
| Other accrued liabilities | 120,636 | 248,431 | 304,105 | 253,271 |
| Unearned revenue and customer deposits | 287,709 | 262,950 | 140,958 | 179,669 |
| Current portion of operating lease liability | 104,333 | 103,420 | 102,811 | 93,533 |
| Federal and state income taxes | - | - | - | 3,032 |
| Current portion of line of credit | 1,000,000 | 500,000 | - | - |
| Total current liabilities | 3,545,424 | 2,349,006 | 2,265,731 | 1,916,508 |
| Operating lease liability - noncurrent | 300,062 | 317,543 | 345,533 | 345,475 |
| Note payable | - | - | 500,000 | 500,000 |
| Deferred income taxes, net | 1,141,588 | 1,141,588 | 237,872 | 237,872 |
| Other long-term liabilities | 440,000 | 660,000 | 660,000 | 659,951 |
| Preferred stock, no par value, 500,000 shares authorized none outstanding | - | - | - | 0 |
| Total liabilities | 5,427,074 | 4,468,137 | 4,009,136 | 3,659,806 |
| Common stock, 1.00 par value, 4,000,000 shares authorized, 1,138,096 shares issued 966,132 shares outstanding as of march 31, 2026 and december 31, 2025 | 1,138,096 | 1,138,096 | 1,138,096 | 1,138,096 |
| Additional paid-in capital | 447,134 | 447,134 | 447,134 | 447,134 |
| Retained earnings | 20,779,171 | 21,170,170 | 22,355,982 | 22,317,394 |
| Treasury stock, 171,964 shares at cost | 3,922,098 | 3,922,098 | 3,922,098 | 3,922,098 |
| Total shareholders' equity | 18,442,303 | 18,833,302 | 20,019,114 | 19,980,526 |
| Total liabilities and shareholders' equity | 23,869,377 | 23,301,439 | 24,028,250 | 23,640,332 |