XML 27 R10.htm IDEA: XBRL DOCUMENT v2.3.0.15
SEGMENT INFORMATION AND CONCENTRATIONS
9 Months Ended
Sep. 30, 2011
SEGMENT INFORMATION AND CONCENTRATIONS [Abstract] 
SEGMENT INFORMATION AND CONCENTRATIONS
NOTE 4     SEGMENT INFORMATION AND CONCENTRATIONS

The Company has two strategic business segments: sales to the civilian market and the military market.
 
The military and the civilian markets are further broken down between Israel (local) and other (export) sales in order to better analyze trends in sales and profit margins. The Company does not allocate assets between segments because assets are used in more than one segment and any allocation would be impractical.
 
 
A.
Sales and income from operations:

   
Civilian
   
Military
       
   
Local
   
Export
   
Local
   
Export
   
Consolidated
 
                               
For the nine months ended September 30, 2011
                             
                               
Revenue from sales
  $ 2,412,137     $ 2,457,051     $ 2,231,993     $ 4,901,516     $ 12,002,697  
Gross Profits
    496,719       794,314       201,277       813,442       2,305,752  
Corporate unallocated costs
                                    5,235,134  
Loss from operations
                                    (2,929,382 )
                                         
For the three months ended September 30, 2011:
                                       
                                         
Revenue from sales
  $ 1,025,398     $ 492,425     $ 662,398     $ 1,635,699     $ 3,815,920  
Gross Profits
    3,229       252,460       1,447       140,124       397,260  
Corporate unallocated costs
                                    1,564,443  
Loss from operations
                                    (1,167,183 )
For the nine  months ended September 30, 2010
                                       
                                         
Revenue from sales
  $ 2,996,771     $ 1,096,859     $ 3,805,094     $ 4,564,250     $ 12,462,974  
Gross Profits
    531,011       282,657       767,714       906,651       2,488,033  
Corporate unallocated costs
                                    2,824,947  
Income (Loss) from operations
                                    (336,914 )
                                         
For the three months ended September 30, 2010:
                                       
                                         
Revenue from sales
  $ 1,311,624     $ 488,141     $ 1,129,326     $ 3,652,338     $ 6,581,429  
Gross Profits
    301,491       199,868       409,906       804,609       1,715,874  
Corporate unallocated costs
                                    1,092,145  
Income from operations
                                    623,729  

 
B.
Geographic Areas - revenues:
 
   
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
   
2011
   
2010
   
2011
   
2010
 
                         
Israel
  $ 1,687,796     $ 2,440,950     $ 4,644,130     $ 6,801,865  
South America
    185,558       2,825,282       1,645,554       3,292,725  
North America
    537,336       488,175       2,534,886       1,093,918  
Europe and Asia
    175,374       190,230       691,154       635,413  
Africa
    1,229,856       636,792       2,486,973       639,053  
                                 
     Total Sales
  $ 3,815,920     $ 6,581,429     $ 12,002,697     $ 12,462,974  
 
 
C.
Single Customer Exceeding 10% of Sales:

   
For the Three Months Ended
September 30,
   
For the Nine Months Ended
September 30,
 
   
2011
   
2010
   
2011
   
2010
 
                         
Customer A (Military Local)
  $ 776,202     $ 1,059,509     $ 2,148,418     $ 3,515,281  
Customer B (Military Local)
  $ ---*     $ ---*     $ ---*     $ ---*  
Customer C(Military Local)
  $ ---*     $ 1,777,869     $ ---*     $ 1,777,869  

 
*
Did not exceed 10% of sales for the respective period