Note 6 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	IKONICS
			IKONICS
	Chromaline		Imaging		DTX		AMS		Unalloc.			Total
Net sales	$	2,869,664	$	1,117,209	$	84,661	$	458,827	$	—		$	4,530,361
Cost of goods sold		2,115,702		628,325		31,217		343,055		—			3,118,299
Gross profit		753,962		488,884		53,444		115,772		—			1,412,062
Selling general and administrative*		452,592		248,780		41,866		89,597		514,569			1,347,404
Research and development*		—		—		—		—		218,467			218,467
Income (loss) from operations	$	301,370	$	240,104	$	11,578	$	26,175	$	(733,036	)	$	(153,809	)

	IKONICS
			IKONICS
	Chromaline		Imaging		DTX		AMS			Unalloc.			Total
Net sales	$	3,048,495	$	975,852	$	158,862	$	468,149		$	—		$	4,651,358
Cost of goods sold		2,113,448		560,337		30,279		420,475			—			3,124,539
Gross profit		935,047		415,515		128,583		47,674			—			1,526,819
Selling general and administrative*		469,854		260,025		42,922		91,876			504,168			1,368,845
Research and development*		—		—		—		—			179,915			179,915
Income (loss) from operations	$	465,193	$	155,490	$	85,661	$	(44,202	)	$	(684,083	)	$	(21,941	)

	IKONICS
			IKONICS
	Chromaline		Imaging		DTX		AMS			Unalloc.			Total
Net sales	$	8,006,121	$	3,164,143	$	290,022	$	1,195,177		$	—		$	12,655,463
Cost of goods sold		5,949,536		1,714,835		116,810		1,024,672			—			8,805,853
Gross profit		2,056,585		1,449,308		173,212		170,505			—			3,849,610
Selling general and administrative*		1,364,685		819,284		111,232		266,107			1,506,922			4,068,230
Research and development*		—		—		—		—			667,774			667,774
Income (loss) from operations	$	691,900	$	630,024	$	61,980	$	(95,602	)	$	(2,174,696	)	$	(886,394	)

	IKONICS
			IKONICS
	Chromaline		Imaging		DTX		AMS			Unalloc.			Total
Net sales	$	8,489,197	$	3,164,133	$	341,850	$	1,361,833		$	—		$	13,357,013
Cost of goods sold		5,816,275		1,693,561		89,283		1,206,341			—			8,805,460
Gross profit		2,672,922		1,470,572		252,567		155,492			—			4,551,553
Selling general and administrative*		1,336,575		789,683		110,370		274,136			1,516,027			4,026,791
Research and development*		—		—		—		—			490,463			490,463
Income (loss) from operations	$	1,336,347	$	680,889	$	142,197	$	(118,644	)	$	(2,006,490	)	$	34,299

	Sep 30, 2019			Dec 31, 2018
Chromaline	$	1,450,035		$	1,550,411
IKONICS Imaging		461,897			360,551
DTX		50,100			15,692
AMS		302,080			331,708
Unallocated		(52,672	)		(43,147	)
Total	$	2,211,440		$	2,215,215