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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue        
Products sales and leasing $ 7,155,973 $ 5,600,996 $ 13,389,679 $ 8,869,733
Shipping and installation revenue 2,002,271 813,894 3,494,934 1,413,147
Royalties 481,775 482,675 810,490 814,810
Total revenue 9,640,019 6,897,565 17,695,103 11,097,690
Cost of goods sold 7,571,093 5,229,992 14,348,184 8,900,125
Gross profit 2,068,926 1,667,573 3,346,919 2,197,565
Operating expenses        
General and administrative expenses 897,616 746,357 1,731,427 1,621,064
Selling expenses 537,696 514,760 1,128,502 1,018,774
Total operating expenses 1,435,312 1,261,117 2,859,929 2,639,838
Gain on sale of assets 8,175 6,373 14,043 11,627
Other income 10,566 3,949 17,459 14,556
Operating income (loss) 652,355 416,778 518,492 (416,090)
Interest income (expense)        
Interest expense (35,580) (23,737) (63,729) (50,730)
Interest income 21,149 816 30,385 1,308
Total other expense (14,431) (22,921) (33,344) (49,422)
Income before income tax expense 637,924 393,857 485,148 (465,512)
Income tax expense (benefit) (219,000) (149,000) (156,000) 186,000
Net income (loss) $ 418,924 $ 244,857 $ 329,148 $ (279,512)
Basic income (loss) per share (in dollars per share) $ 0.09 $ 0.05 $ 0.07 $ (0.06)
Diluted income (loss) per share (in dollars per share) $ 0.08 $ 0.05 $ 0.07 $ (0.06)
Weighted average number of common shares outstanding:        
Basic (in shares) 4,919,548 4,892,686 4,919,548 4,892,686
Diluted (in shares) 4,967,059 4,938,234 4,970,769 4,892,686