Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

9.	Quarterly Financial Data. (Unaudited)
	Quarterly data for the years ended December 31, 2011 and 2010 was as follows:


Year Ended December 31, 2011	1st Quarter			2nd Quarter			3rd Quarter			4th Quarter
Net sales	$	4,947,000		$	5,026,000		$	3,060,000		$	4,200,000
Gross profit		2,036,000			1,938,000			170,000			674,000
Net income (loss)		53,873,000			(675,000	)		(1,721,000	)		(388,000	)
Net income (loss) per share:
Basic	$	3.37		$	(0.04	)	$	(0.11	)	$	(0.03	)
Diluted	$	3.17		$	(0.04	)	$	(0.11	)	$	(0.03	)

Year Ended December 31, 2010	1st Quarter			2nd Quarter			3rd Quarter			4th Quarter
Net sales	$	5,883,000		$	8,326,000		$	8,517,000		$	7,281,000
Gross profit		2,930,000			4,345,000			4,475,000			3,421,000
Net income (loss)		(435,000	)		654,000			932,000			5,445,000
Net income (loss) per share:
Basic	$	(0.03	)	$	0.04		$	0.06		$	0.34
Diluted	$	(0.03	)	$	0.04		$	0.05		$	0.32

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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