XML 14 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED INCOME STATEMENTS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
CONSOLIDATED INCOME STATEMENTS        
Sales $ 12,814,815 $ 14,378,528 $ 39,894,380 $ 41,218,065
Cost of Sales 11,234,934 11,875,122 35,130,045 34,336,359
Gross Profit 1,579,881 2,503,406 4,764,335 6,881,706
Selling, General and Administrative 5,070,127 3,827,904 15,071,238 12,989,261
Research and Product Development 1,261,863 1,246,727 4,639,617 2,931,577
Operating Income (Loss) (4,752,109) (2,571,225) (14,946,520) (9,039,132)
Interest and Investment Income, net 188,847 156,672 602,429 388,638
Income (Loss) Before Income Taxes (4,563,262) (2,414,553) (14,344,091) (8,650,494)
Income Tax Expense     (404,527)  
Net Income (Loss) $ (4,563,262) $ (2,414,553) $ (14,748,618) $ (8,650,494)
Basic Earnings (Loss) per Share $ (0.09) $ (0.05) $ (0.29) $ (0.17)
Diluted Earnings (Loss) per Share $ (0.09) $ (0.05) $ (0.29) $ (0.17)