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Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities  
Net income (loss)$ 440,548$ 226,666
Stock compensation expense122,027108,539
Depreciation248,084266,483
Changes in non-cash working capital items:  
(Increase) Decrease in accounts receivable(1,506,121)(450,232)
(Increase) Decrease in inventory(1,359,881)263,276
(Increase) Decrease in prepaid expenses18,784(130,286)
(Increase) Decrease in deferred tax asset(20,000)30,000
Increase (Decrease) in accounts payable206,476(150,133)
Increase (Decrease) in taxes payable(290,000)0
Increase (Decrease) in deferred revenue62,97525,000
Cash provided by (used in) operating activities(2,077,108)189,313
Investing activities  
Acquisition of property and equipment(740,816)(428,598)
Cash provided by (used in) investing activities(740,816)(428,598)
Financing activities  
Short term line of credit1,500,0000
Loan(94,164)(53,629)
Purchase of common stock(1,030,349)0
Cash provided (used) by financing activities375,487(53,629)
Effect of exchange rate changes on cash(1,677)16,537
Inflow (outflow) of cash(2,444,114)(276,377)
Cash and cash equivalents, beginning2,763,4202,126,150
Cash and cash equivalents, ending319,3061,849,773
Supplemental disclosure of cash flow information:  
Income taxes paid1,175,000491,220
Interest paid$ 68,657$ 54,407