XML 19 R24.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment Information (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2015
USD ($)
Jun. 30, 2014
USD ($)
Jun. 30, 2015
USD ($)
segment
Jun. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Segment Reporting Information          
Number of reportable segments | segment     5    
Financial information with respect to the reportable segments          
Net sales $ 4,653,548 $ 4,924,747 $ 8,251,437 $ 9,389,323  
Cost of goods sold 3,013,806 3,213,875 5,511,020 5,919,298  
GROSS PROFIT 1,639,742 1,710,872 2,740,417 3,470,025  
Selling general and administrative 1,252,521 1,240,413 2,668,118 2,541,063  
Research and development 192,539 177,479 348,383 320,809  
INCOME (LOSS) FROM OPERATIONS 194,682 292,980 (276,084) 608,153  
Trade receivables by segment          
Trade receivables 2,154,908   2,154,908   $ 2,096,328
Corporate, Non-Segment          
Financial information with respect to the reportable segments          
Selling general and administrative 424,085 391,448 969,905 879,807  
Research and development 192,539 177,479 348,383 320,809  
INCOME (LOSS) FROM OPERATIONS (616,624) (568,927) (1,318,288) (1,200,616)  
Trade receivables by segment          
Trade receivables (22,685)   (22,685)   (38,466)
Domestic          
Financial information with respect to the reportable segments          
Net sales 2,111,510 2,089,767 3,489,299 3,599,931  
Cost of goods sold 1,207,376 1,220,452 2,048,332 2,103,556  
GROSS PROFIT 904,134 869,315 1,440,967 1,496,375  
Selling general and administrative 323,730 332,442 639,897 628,793  
INCOME (LOSS) FROM OPERATIONS 580,404 536,873 801,070 867,582  
Trade receivables by segment          
Trade receivables 1,005,847   1,005,847   1,068,170
Export          
Financial information with respect to the reportable segments          
Net sales 1,337,121 1,626,682 2,455,415 2,813,394  
Cost of goods sold 1,018,025 1,194,219 1,902,353 2,069,119  
GROSS PROFIT 319,096 432,463 553,062 744,275  
Selling general and administrative 137,271 142,716 291,991 266,844  
INCOME (LOSS) FROM OPERATIONS 181,825 289,747 261,071 477,431  
Trade receivables by segment          
Trade receivables 750,167   750,167   640,464
IKONICS Imaging          
Financial information with respect to the reportable segments          
Net sales 991,108 1,046,592 1,884,873 2,608,396  
Cost of goods sold 449,116 510,508 909,487 1,166,507  
GROSS PROFIT 541,992 536,084 975,386 1,441,889  
Selling general and administrative 237,167 227,816 498,423 472,164  
INCOME (LOSS) FROM OPERATIONS 304,825 308,268 476,963 969,725  
Trade receivables by segment          
Trade receivables 272,551   272,551   254,483
DTX          
Financial information with respect to the reportable segments          
Net sales 101,662 94,612 197,056 207,129  
Cost of goods sold 69,003 84,705 142,094 164,468  
GROSS PROFIT 32,659 9,907 54,962 42,661  
Selling general and administrative 54,711 50,657 90,243 85,866  
INCOME (LOSS) FROM OPERATIONS (22,052) (40,750) (35,281) (43,205)  
Trade receivables by segment          
Trade receivables 62,285   62,285   86,507
Micro-Machining          
Financial information with respect to the reportable segments          
Net sales 112,147 67,094 224,794 160,473  
Cost of goods sold 270,286 203,991 508,754 415,648  
GROSS PROFIT (158,139) (136,897) (283,960) (255,175)  
Selling general and administrative 75,557 95,334 177,659 207,589  
INCOME (LOSS) FROM OPERATIONS (233,696) $ (232,231) (461,619) $ (462,764)  
Trade receivables by segment          
Trade receivables $ 86,743   $ 86,743   $ 85,170