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Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 506,903 $ 2,763,420
Accounts receivable (see Note 3) 2,332,019 1,198,939
Inventories (see Note 4) 2,890,511 2,539,190
Prepaid expenses 135,361 192,269
Total current assets 5,864,794 6,693,818
Property, equipment and leaseholds, net (see Note 5) 8,205,514 7,867,672
Patents (see Note 6) 208,206 225,180
Long term deposits (see Note 7) 7,733 7,895
Deferred tax asset (see Note 11) 219,000 199,000
Total Assets 14,505,247 14,993,565
Current    
Accounts payable and accrued liabilities 514,890 512,380
Deferred revenue 312,392 250,000
Income taxes payable 437,998 620,000
Current portion of long term debt (see Notes 8 and 9) 979,389 122,726
Total current liabilities 2,244,669 1,505,106
Long term debt (see Note 9) 1,647,603 2,206,075
Total liabilities 3,892,272 3,711,181
Capital stock (see Note 15)    
Authorized 50,000,000 common shares with a par value of $0.001 each, Issued and outstanding: 13,169,991 (2010: 13,962,567) common shares 13,170 13,963
Authorized 1,000,000 preferred shares with a par value of $0.01 each 0 0
Capital in excess of par value 15,864,348 16,638,227
Other comprehensive income (see Note 10) 477,139 554,865
Accumulated Deficit (5,741,682) (5,924,671)
Total Stockholders' Equity 10,612,975 11,282,384
Total Liabilities and Stockholders' Equity $ 14,505,247 $ 14,993,565