Segment Information

9 Months Ended

Sep. 30, 2013

Segment Information [Abstract]

SEGMENT INFORMATION

15. SEGMENT INFORMATION

The Company operates in four segments: organic trace mineral additives, functional regulation additives, herbal medicinal additives and other revenues. Management oversees each of these operations separately.

Property, equipment and other assets are shared and not tracked separately by segment. Administrative expenses are also not tracked by segment. Following is a breakdown of revenue, costs of sales and gross profit by segment.

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
Segment revenues
Organic Trace Mineral Additives	$	4,730,319	$	8,865,570	$	12,918,273	$	18,763,853
Functional Regulation Additives		613,130		733,785		1,608,503		2,480,324
Herbal Medicinal Additives		309,042		94,271		716,833		191,110
Other		388,513		212,955		1,033,252		443,222
		6,041,004		9,906,581	$	16,276,861	$	21,878,509
Segment costs of sales
Organic Trace Mineral Additives		3,398,918	$	5,744,163	$	8,825,886	$	11,895,318
Functional Regulation Additives		433,492		509,057		1,067,802		1,668,369
Herbal Medicinal Additives		267,971		72,291		593,206		187,535
Other		249,213		195,967		610,678		414,430
		4,349,594		6,521,478	$	11,097,572	$	14,165,652
Segment gross profit
Organic Trace Mineral Additives		1,331,401		3,121,407	$	4,092,387	$	6,868,535
Functional Regulation Additives		179,638		224,728		540,701		811,955
Herbal Medicinal Additives		41,071		21,980		123,627		3,575
Other		139,300		16,988		422,574		28,792
		1,691,410		3,385,103	$	5,179,289	$	7,712,857