Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Segment Information Available With Respect To Reportable Business Segments

Segment information available with respect to these reportable business segments for the three and nine months ended September 30, 2014 and 2013 was as follows:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2014			2013		2014			2013
Revenues:
Nanofilm segment	$	1,721,307		$	2,435,426	$	7,360,680		$	6,703,993
Research and development segment		233,414			-		233,414			-
Total segment and consolidated revenues		1,954,721			2,435,426		7,594,094			6,703,993
Gross profit:
Nanofilm segment		591,105			911,339		3,398,810			2,555,506
Research and development segment		22,857			-		22,857			-
Total segment and consolidated gross profit		613,962			911,339		3,421,667			2,555,506
Income (loss) from operations
Nanofilm segment	$	(355,391	)	$	15,501	$	462,952		$	(163,304	)
Research and development segment		(11,370	)		-		(11,370	)		-
Total segment income (loss)		(366,761	)		15,501		451,582			(163,304	)
Unallocated costs		(281,960	)		-		(281,960	)		-
Total consolidated income (loss) from operations	$	(648,721	)	$	15,501	$	169,622		$	(163,304	)
Depreciation and amortization:
Nanofilm segment	$	82,644		$	55,071	$	167,010		$	165,213
Research and development segment		4,492			-		4,492			-
Total segment depreciation and amortization		87,136			55,071		171,502			165,213
Unallocated depreciation		-			-		-			-
Total consolidated depreciation and amortization		87,136			55,071		171,502			165,213
Capital additions:
Nanofilm segment	$	136,981		$	7,685	$	144,039		$	37,796
Research and development segment		-			-		-			-
Total segment capital additions		136,981			7,685		144,039			37,796
Unallocated capital additions		-			-		-			-
Total consolidated capital additions	$	136,981		$	7,685	$	144,039		$	37,796

	September 30, 2014		December 31, 2013
Segment tangible assets:
Nanofilm segment	$	690,194	$	672,704
Research and development segment		113,082		-
Total consolidated tangible assets	$	803,276	$	672,704