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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current    
Cash and cash equivalents $ 300,010 $ 568,087
Accounts receivable (Note 3) 2,801,252 2,012,115
Inventory (Note 4) 3,274,635 3,061,536
Prepaid expenses 149,551 126,952
Total 6,525,448 5,768,690
Property, equipment and leaseholds (Note 5) 5,242,537 5,831,123
Patents (Note 6) 146,832 168,868
Long term deposits (Note 7) 4,566 4,781
Deferred tax asset 2,450,992 2,700,506
Total Assets 14,370,375 14,473,968
Current    
Accounts payable and accrued liabilities 520,666 570,476
Deferred revenue 6,161 13,550
Taxes payable (276,536) (281,202)
Short term line of credit (Note 8) 1,350,000 1,400,000
Current portion of long term debt (Note 9) 201,193 304,556
Total 1,801,484 2,007,380
Long Term    
Loans (Note 9) 967,425 993,274
Total Liabilities 2,768,909 3,000,654
Stockholders' Equity    
Authorized 50,000,000 Common shares with a par value of $0.001 each 1,000,000 Preferred shares with a par value of $0.01 each Issued and outstanding 13,169,991 common shares at September 30, 2014 and December 31, 2013 13,170 13,170
Capital in excess of par value 16,204,226 16,135,953
Other comprehensive income (32,838) 328,686
Deficit (4,583,092) (5,004,495)
Total Stockholders' Equity 11,610,466 11,473,314
Total Liabilities and Stockholders' Equity 14,370,375 14,473,968
Commitments and contingencies (Note 13)