Note 13 - Segment Reporting

3 Months Ended

Mar. 31, 2012

Segment Reporting Disclosure [Text Block]

NOTE 13                      SEGMENT REPORTING

The Company operates through (2) segments, CVD and SDC. 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. The Conceptronic division of the Company is no longer considered a segment and has been merged into the CVD division as a result of decreasing revenues coupled with the growth of CVD and SDC. The respective accounting policies of CVD and SDC 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.

2012	CVD		SDC		Eliminations *			Consolidated
Revenue	$	6,216,999	$	1,473,941	$	(535,989	)	$	7,154,951
Pretax income		822,188		237,608					1,059,796
2011
Revenue	$	5,711,775	$	1,033,147	$	(539,222	)	$	6,205,700
Pretax income		851,806		59,155					910,961

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