Note 4 - Spin-Out and Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2016

Note 4 - Spin-Out and Discontinued Operations

Results of operations associated with discontinued operations

The results of operations associated with discontinued operations were as follows:

	March 31,
	2015
Net Sales	$	118,679
Cost of sales		62,128
Gross Profit		56,551
Operating Expenses:
Research and development		194,699
Selling, general and administrative		252,266
Total operating expenses		446,965
Operating Loss from Discontinued Operations		(390,414	)
Other Expense:
Interest expense, net		(232,056	)
Net Loss from Discontinued Operations	$	(622,470	)
Other Comprehensive Loss Net of Tax:
Foreign currency translation adjustments		(1,275	)
Comprehensive Loss from Discontinued Operations	$	(623,745	)