Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

Segment Information

Schedule of financial information with respect to the reportable segments

For the three months ended March 31, 2015:

					IKONICS
	Domestic		Export		Imaging		DTX			AMS			Unalloc.			Total
Net sales	$	1,377,789	$	1,118,294	$	893,765	$	95,394		$	112,647		$	—		$	3,597,889
Cost of goods sold	840,956		884,328		460,371		73,091			238,468			—			2,497,214
Gross profit (loss)	536,833		233,966		433,394		22,303			(125,821		)	—			1,100,675
Selling general and adminstrative*	316,167		154,720		261,256		35,532			102,102			545,820			1,415,597
Research and development*	—		—		—		—			—			155,844			155,844
Income (loss) from operations	$	220,666	$	79,246	$	172,138	$	(13,229	)	$	(227,923	)	$	(701,664	)	$	(470,766	)

For the three months ended March 31, 2014:

					IKONICS
	Domestic		Export		Imaging		DTX			AMS			Unalloc.			Total
Net sales	$	1,510,164	$	1,186,713	$	1,561,804	$	112,517		$	93,379		$	—		$	4,464,577
Cost of goods sold	883,104		874,901		655,999		79,763			211,657			—			2,705,424
Gross profit (loss)	627,060		311,812		905,805		32,754			(118,278		)	—			1,759,153
Selling general and adminstrative*	296,351		124,128		244,348		35,209			112,255			488,359			1,300,650
Research and development*	—		—		—		—			—			143,330			143,330
Income (loss) from operations	$	330,709	$	187,684	$	661,457	$	(2,455	)	$	(230,533	)	$	(631,689	)	$	315,173

*  The Company does not allocate all general and administrative expenses or any research and development expenses to its operating segments for internal reporting.

Schedule of trade receivables by segment

	Mar 31, 2015			Dec 31, 2014
Domestic	$	829,957		$	1,068,170
Export	577,119			640,464
IKONICS Imaging	224,658			254,483
DTX	59,881			86,507
AMS	78,647			85,170
Unallocated	(19,831		)	(38,466		)
Total	$	1,750,431		$	2,096,328