Segment Information (Tables)

3 Months Ended

Mar. 31, 2016

Segment Information

Schedule of financial information with respect to the reportable segments

For the three months ended March 31, 2016:

	IKONICS
						IKONICS
	Domestic		Export		Imaging		DTX		AMS		Unalloc.		Total
Net sales	$	1,353,728	$	1,243,185	$	1,117,698	$	76,880	$	221,719	$	—	$	4,013,210
Cost of goods sold		846,399		962,489		539,782		35,424		332,442		—		2,716,536
Gross profit (loss)		507,329		280,696		577,916		41,456		(110,723)		—		1,296,674
Selling, general and administrative*		359,397		143,031		251,371		34,743		103,903		546,671		1,439,116
Research and development*		—		—		—		—		—		177,864		177,864
Income (loss) from operations	$	147,932	$	137,665	$	326,545	$	6,713	$	(214,626)	$	(724,535)	$	(320,306)

For the three months ended March 31, 2015:

	IKONICS
						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 administrative*		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)

*The Company does not allocate all selling, 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, 2016		Dec 31, 2015
Domestic	$	856,957	$	1,206,077
Export		772,104		528,372
IKONICS Imaging		423,531		341,980
DTX		38,444		26,314
AMS		160,122		164,639
Unallocated		(29,902)		(102,188)
Total	$	2,221,256	$	2,165,194