XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Product sales $ 1,366,493 $ 1,175,126 $ 3,213,228 $ 2,892,235
Costs of goods sold 582,816 504,608 1,375,983 1,209,149
Gross margin 783,677 670,518 1,837,245 1,683,086
Product development expenses 271,858 211,706 538,338 459,514
Administrative expenses 242,233 228,414 481,246 470,732
Sales and marketing expenses 245,864 193,001 467,271 434,210
Operating expenses 759,955 633,121 1,486,855 1,364,456
NET OPERATING INCOME 23,722 37,397 350,390 318,630
Other (expenses) revenues, net (13,253) (10,364) 30,776 (20,873)
INCOME BEFORE INCOME TAXES 10,469 27,033 381,166 297,757
Income tax expense 4,017 11,846 170,405 127,808
NET INCOME $ 6,452 $ 15,187 $ 210,761 $ 169,949
Weighted average common shares outstanding:        
Basic (in shares) 3,019,034 3,019,034 3,019,034 3,017,550
Diluted (in shares) 3,076,703 3,113,648 3,080,230 3,108,270
NET INCOME PER SHARE:        
Basic (in dollars per share) $ 0.00 $ 0.01 $ 0.07 $ 0.06
Diluted (in dollars per share) $ 0.00 $ 0.00 $ 0.07 $ 0.05