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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue        
Products sales and leasing $ 8,753,987 $ 4,558,745 $ 17,623,720 $ 13,295,450
Shipping and installation revenue 1,223,599 1,072,529 2,636,746 3,580,769
Royalties 425,831 343,821 1,240,641 1,164,600
Total revenue 10,403,417 5,975,095 21,501,107 18,040,819
Cost of goods sold 7,280,467 4,454,689 16,180,592 14,385,001
Gross profit 3,122,950 1,520,406 5,320,515 3,655,818
Operating expenses        
General and administrative expenses 808,216 761,907 2,429,280 2,337,909
Selling expenses 558,212 549,134 1,576,986 1,635,503
Total operating expenses 1,366,428 1,311,041 4,006,266 3,973,412
Gain on sale of assets 4,066 4,352 15,693 38,431
Other income 9,009 3,055 23,565 55,728
Operating income (loss) 1,769,597 216,772 1,353,507 (223,435)
Interest income (expense)        
Interest expense (26,603) (28,993) (77,333) (87,597)
Interest income 19,062 (289) 20,370 6,967
Total other expense (7,541) (29,282) (56,963) (80,630)
Income before income tax expense 1,762,056 187,490 1,296,544 (304,065)
Income tax expense (benefit) 610,000 75,000 424,000 (118,000)
Net income (loss) $ 1,152,056 $ 112,490 $ 872,544 $ (186,065)
Basic earnings (loss) per share (in dollars per share) $ 0.24 $ 0.02 $ 0.18 $ (0.04)
Diluted earnings (loss) per share (in dollars per share) $ 0.23 $ 0.02 $ 0.18 $ (0.04)
Weighted average number of common shares outstanding:        
Basic (in shares) 4,893,548 4,881,548 4,892,977 4,881,548
Diluted (in shares) 4,945,745 4,925,064 4,943,985 4,881,548