Note 15 - Segment Reporting

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 15 – Segment Reporting

The Company adopted ASC 280, “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 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 earnings before taxes.

The following table presents certain information regarding the Company’s segments as of December 31, 2013 and for the year then ended:

	CVD			SDC		Eliminations			Consolidated
Assets	$	39,783,689		$	6,334,352	$	(6,976,402	)	$	39,141,639
Revenue	$	13,136,083		$	5,155,641	$	(407,797	)	$	17,883,927
Interest Expense		162,914			824					163,738
Depreciation and Amortization		571,046			75,376					646,422
Capital expenditures		1,954,621			116,936					2,071,557
Pretax (loss)/earnings		(2,697,114	)		740,384					(1,956,730	)

The following table presents certain information regarding the Company’s segments as of December 31, 2012 and for the year then ended:

	CVD			SDC		Eliminations			Consolidated
Assets	$	43,872,295		$	4,628,432	$	(5,975,466	)	$	42,525,261
Revenue	$	19,149,704		$	4,394,945	$	(1,386,912	)	$	22,157,737
Interest Expense		195,861			9,013					204,874
Depreciation and amortization		442,227			72,988					515,215
Capital expenditures		11,767,024			29,716					11,796,740
Pretax (loss)/earnings		(18,722	)		418,814					400,092