XML 59 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenue $ 22,157,737 $ 30,993,885
Cost of revenue 14,169,163 19,544,888
Gross profit 7,988,574 11,448,997
Operating expenses    
Selling and shipping 1,236,699 1,207,915
General and administrative 5,512,840 5,449,176
Related party – professional fees   35,000
Loss on sale of building 693,818  
Total operating expenses 7,443,357 6,692,091
Operating income 545,217 4,756,906
Other income (expense):    
Interest income 31,620 18,136
Interest expense (204,874) (182,969)
Other income 28,129 195,567
Total other income (expense), net (145,125) 30,734
Income before income tax expense 400,092 4,787,640
Income tax (benefit) expense (35,494) 1,008,517
Net income $ 435,586 $ 3,779,123
Basic earnings per common share (in Dollars per share) $ 0.07 $ 0.69
Diluted earnings per common share (in Dollars per share) $ 0.07 $ 0.67
Weighted average common shares outstanding basic (in Shares) 6,007,326 5,450,565
Weighted average common shares outstanding diluted (in Shares) 6,132,237 5,629,907