Note 13 - Segment Reporting

9 Months Ended

Sep. 30, 2011

Segment Reporting Disclosure [Text Block]

Note 13:                      SEGMENT REPORTING

The Company operates through (3) segments, CVD, SDC and Conceptronic. The CVD division is utilized for silicon, silicon germanium, silicon carbide and gallium arsenide processes. SDC is the Company’s ultra-high purity manufacturing division in Saugerties, New York. Conceptronic is a manufacturer of Surface Mount Technology equipment. The respective accounting policies of CVD, SDC and Conceptronic are the same as those described in the summary of significant accounting policies (see Note 2). The Company evaluates performance based on several factors, of which the primary financial measure is income or (loss) before taxes.

Three Months

Ended September 30,

2011	CVD		SDC			Conceptronic		Eliminations *			Consolidated
Revenue	$	7,447,704	$	1,394,654		$	221,745	$	(220,009	)	$	8,844,094
Pretax income		1,165,948		162,096			106,242					1,434,286
2010
Revenue	$	2,925,541	$	638,879		$	516,645	$	(48,676	)	$	4,032,389
Pretax income (loss)		137,641		(129,902	)		90,370					98,109

Nine Months

Ended September 30,

2011	CVD		SDC			Conceptronic			Eliminations *			Consolidated
Revenue	$	19,156,532	$	4,080,332		$	707,158		$	(1,386,511	)	$	22,557,511
Pretax income (loss)		3,113,037		526,053			( 130,411	)					3,508,681
2010
Revenue	$	8,041,348	$	2,496,576		$	1,184,520		$	(587,418	)	$	11,135,026
Pretax income/(loss)		61,752		(205,564	)		211,430						67,618

*All elimination entries represent intersegment revenues eliminated in consolidation for external financial reporting.