Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2012

	Year Ended December 31,
	2012			2011

Revenue:
Sales	$	3,168,438		$	10,468,367

Costs and expenses:
Cost of sales		2,861,477			9,199,484
S,G&A expenses		417,303			1,732,596
Depreciation and amortization		220,384			123,701
		3,499,164			11,055,781

Operating loss		(330,726	)		(587,414	)

Other (expense)/income, net		(352,476	)		-
Interest expense		(6,311	)		-
		(358,787	)		-

Loss from discontinued operations before income taxes		(689,513	)		(587,414	)

Income tax expense		-			-

Loss from discontinued operations after income taxes	$	(689,513	)	$	(587,414	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details