XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Statement of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Income Statement [Abstract]        
Net sales $ 3,434,693 $ 3,046,790 $ 11,243,415 $ 9,020,942
Cost of goods sold 2,575,397 2,287,504 8,475,112 6,705,032
Gross profit 859,296 759,286 2,768,303 2,315,910
Operating expenses:        
Selling 431,587 477,044 1,458,609 1,596,120
General and administrative 294,710 310,073 908,457 917,146
Research and development 266,783 235,733 848,788 747,096
Total 993,080 1,022,850 3,215,854 3,260,362
Operating profit (loss) (133,784) (263,564) (447,551) (944,452)
Other income (expense):        
Interest income 13 30 94 465
Other, net (20,003) (682) (29,588) 70,006
Total other income (expense), net (19,990) (652) (29,494) 70,471
Income (loss) before income taxes (153,774) (264,216) (477,045) (873,981)
Income taxes (benefit) 795 542 2,652 1,448
Net income (loss) (154,569) (264,758) (479,697) (875,429)
Other comprehensive income (loss):        
Foreign currency translation adjustments 7,079 (8,866) 12,085 (3,053)
Unrealized gain (loss) for the period (12,800) (71,154) (11,880) (206,786)
Total comprehensive income (loss) $ (160,290) $ (344,778) $ (479,492) $ (1,085,268)
Basic and diluted net income (loss) per share $ (0.02) $ (0.05) $ (0.07) $ (0.16)
Weighted average common and common equivalent shares:        
Basic and diluted 6,973,704 5,450,622 6,973,704 5,450,622