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Segment Information, Geographic Data, and Significant Customers
12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

NOTE 14.  Segment Information, Geographic Data, and Significant Customers


Operating segments are defined as component of the Company’s business for which separate financial information is available that is evaluated by the Company’s chief operating decision maker in deciding how to allocate resources and assessing performance. The Company presently has only one operating segment.


Revenue by geographic areas for the years ended December 31, 2012 and 2011, are as follows:


 

 

Year Ended December 31,

 

 

 

2012

 

2011

 

 

 

 

 

 

 

 

 

United States

 

$

495,547

 

$

207,045

 

International:

 

 

 

 

 

 

 

Europe(1)

 

 

47,159

 

 

297,371

 

Asia

 

 

43,470

 

 

18,515

 

 

 

 

 

 

 

 

 

Total revenue

 

$

586,176

 

$

522,931

 


__________


(1)  Sales to Europe in 2011 included approximately $270,000 to Belgium.


Revenues are attributed to geographical areas based on where the Company’s products are shipped.


Long-lived assets by geographic areas as of December 31, 2012 and 2011, are as follows:


 

 

2012

 

2011

 

 

 

 

 

 

 

 

 

United States

 

$

690,454

 

$

1,387,283

 

Malaysia

 

 

183,608

 

 

326,807

 

 

 

 

 

 

 

 

 

Total long-lived assets

 

$

874,062

 

$

1,714,090

 


Customers accounting for more than 10% of either total revenues during the years ended December 31, 2012 or 2011, or accounts receivable as at December 31, 2012 or 2011, are tabulated as follows:


 

Revenues, Year Ended December 31,

 

Accounts Receivable, December 31,

 

 

2012

 

2011

 

2012

 

2011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer A

$

146,000

 

25%

 

$

 

 

$

140,000

 

45%

 

$

 

 

Customer B

$

131,465

 

22%

 

$

628

 

0%

 

$

 

 

$

628

 

2%

 

Customer C

$

124,473

 

21%

 

$

 

 

$

150,145

 

49%

 

$

 

 

Customer D

$

 

 

$

269,609

 

52%

 

$

 

 

$

 

 

Customer E

$

 

 

$

66,750

 

13%

 

$

 

 

$

11,250

 

38%

 

Customer F

$

19,185

 

3%

 

$

57,492

 

11%

 

$

15,000

 

5%

 

$

9,700

 

33%

 

Customer G

$

 

 

$

2,975

 

1%

 

$

 

 

$

2,975

 

10%