Nature of Business and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 29, 2012

Nature Of Business And Significant Accounting Policies Tables

Inventories

The amounts of major classes of inventory as of September 29, 2012 and December 31, 2011 are as follows:

	September 29, 2012		December 31, 2011
Reference standards	$	1,557,187	$	1,459,330
Bulk ingredients		470,870		174,847
Dietary supplements – raw materials		595,123		709,476
Dietary supplements – work in process		38,295		38,293
Dietary supplements – finished goods		3,012,964		750,654
		5,674,439		3,132,600
Less valuation allowance		238,000		227,000
	$	5,436,439	$	2,905,600

Earnings per share

Below is a tabulation of the potentially dilutive securities that were “in the money” for the three- and nine-month periods ended September 29, 2012 and October 1, 2011.

	Three Months Ended				Nine Months Ended
	September 29, 2012		October 1, 2011		September 29, 2012		October 1, 2011
Basic weighted average common shares outstanding		92,364,418		70,625,913		89,477,758		66,190,731
Warrants and options in the money, net		5,994,067		7,673,885		5,908,491		7,891,916
Weighted average common shares outstanding assuming dilution		98,358,485		78,299,798		95,386,249		74,082,647