XML 25 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Jun. 27, 2015
Jun. 28, 2014
Income Statement [Abstract]        
Product sales $ 5,635,889 $ 5,130,022 $ 10,883,901 $ 11,082,102
Research and development under cooperative agreement   4,640 42,254 38,611
Total revenues $ 5,635,889 5,134,662 10,926,155 11,120,713
Cost of product sales $ 4,336,853 4,072,492 8,456,784 8,491,852
Cost of research and development under cooperative agreement   3,834 34,970 32,156
Gross Margin $ 1,299,036 1,058,336 2,434,401 2,596,705
Selling, general, and administrative expense 1,112,295 1,153,214 2,125,133 2,279,002
Operating income (loss) 186,741 (94,878) 309,268 317,703
Interest income (expense), net 851 (539) 851 (1,501)
Net income (loss) before income tax expense (benefit) 187,652 (95,417) 310,119 316,202
Income tax expense (benefit) 73,760 (38,000) 122,500 126,000
Net income (loss) $ 113,832 $ (57,417) $ 187,619 $ 190,202
Net income (loss) per basic common share $ 0.01 $ 0.00 $ 0.01 $ 0.01
Weighted average number of basic common shares outstanding 13,178,297 13,084,968 13,162,984 13,077,273
Net income (loss) per diluted common share $ 0.01 $ 0.00 $ 0.01 $ 0.01
Weighted average number of diluted common shares outstanding 13,627,346 13,084,968 13,679,355 13,705,570