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CONSOLIDATED STATEMENTS 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
Net sales and revenues $ 7,278,999 $ 5,415,230 $ 17,820,348 $ 14,144,357
Cost of sales and revenues 4,080,121 3,098,989 10,418,376 8,599,405
Gross profit 3,198,878 2,316,241 7,401,972 5,544,952
Operating expenses:        
Selling, general and administrative expenses 1,250,138 982,893 3,602,498 2,831,590
Research and development expenses 1,026,573 506,618 2,207,475 1,505,394
Total operating expenses 2,276,711 1,489,511 5,809,973 4,336,984
Operating income 922,167 826,730 1,591,999 1,207,968
Financing income, net 17,228 21,270 43,957 64,237
Income before income taxes 939,395 848,000 1,635,956 1,272,205
Income tax expense 314,000 307,000 535,000 451,000
Net income 625,395 541,000 1,100,956 821,205
Net income per share:        
Basic income per share (in Dollars per share) $ 0.13 $ 0.12 $ 0.23 $ 0.18
Diluted income per share (in Dollars per share) $ 0.12 $ 0.11 $ 0.22 $ 0.17
Comprehensive income:        
Net income 625,395 541,000 1,100,956 821,205
Foreign currency translation adjustments, net of tax 5,869 (45,650) (5,912) (42,866)
Comprehensive income $ 631,264 $ 495,350 $ 1,095,044 $ 778,339