Business Segments and Geographic Area Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information By Segment

The following are selected results of reportable segments:

Note 19. Business Segments and Geographic Area Information – continued.

Segments
2015	Foam		Coatings		Totals
Sales	$	66,029,544	$	12,619,785	$	78,649,329
Depreciation	110,159		21,054		131,213
Amortization of Other Intangible Assets	214,714		41,037		255,751
Interest Expense	955,185		182,558		1,137,743
Segment Profit	4,514,488		1,814,525		6,329,013
Segment Assets (1)	19,340,580		4,371,971		23,712,551
Expenditures for Segment Assets	$	47,921	$	9,038	$	56,959
2014	Foam		Coatings		Totals
Sales	$	62,477,449	$	9,587,566	$	72,065,015
Depreciation	129,752		19,911		149,663
Amortization of Other Intangible Assets	217,558		33,386		250,944
Interest Expense	945,571		145,104		1,090,675
Segment Profit	1,265,026		941,743		2,206,769
Segment Assets (1)	18,477,410		3,665,095		22,142,505
Expenditures for Segment Assets	$	179,626	$	27,565	$	207,191

Schedule of Reconciliations of Reportable Segment Profit or Loss

The following are reconciliations of reportable segment profit or loss, and assets, to the Company’s totals for the years indicated: 

Segments Profit
	2015			2014
Total Profit for Reportable Segments	$	6,329,013		$	2,206,769
Unallocated Amounts:
Corporate Expenses	(6,905,894		)	(5,867,718		)
Loss Before Income Taxes	$	(576,881	)	$	(3,660,949	)

Schedule of Reconciliation of Assets From Segment to Consolidated

Assets	2015		2014
Total Assets for Reportable Segments (1)	$	23,712,551	$	22,142,505
Other Unallocated Amounts (2)	2,414,217		355,550
Total	$	26,126,768	$	22,498,055

⁽¹⁾Segment assets are the total assets used in the operation of each segment.

⁽²⁾Includes corporate assets which are principally cash and prepaid expenses.

Schedule of Revenue from External Customers and Long-Lived Assets By Geographical Areas [Table Text Block]

Geographic Area
	United						Rest of
2015	States		Europe		Middle East		World		Total
Sales	$	76,589,379	$	687,483	$	—	$	1,372,467	$	78,649,329
Long-Lived Assets	$	23,712,551	$	—	$	—	$	—	$	23,712,551
	United						Rest of
2014	States		Europe		Middle East		World		Total
Sales	$	69,746,725	$	665,365	$	3,505	$	1,649,420	$	72,065,015
Long-Lived Assets	$	22,142,505	$	—	$	—	$	—	$	22,142,505