Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of financial information with respect to the reportable segments

For the three months ended March 31, 2014:

					IKONICS						Micro-
	Domestic		Export		Imaging		DTX				Machining			Unalloc.			Total
Net sales	$	1,510,164	$	1,186,713	$	1,561,804	$	112,517			$	93,379		$	—		$	4,464,577
Cost of goods sold	883,104		874,901		655,999		79,763				211,657			—			2,705,424
Gross profit (loss)	627,060		311,812		905,805		32,754				(118,278		)	—			1,759,153
Selling general and adminstrative*	296,351		124,128		244,348		35,209				112,255			488,359			1,300,650
Research and development*	—		—		—		—				—			143,330			143,330
Income (loss) from operations	$	330,709	$	187,684	$	661,457	$		(2,455	)	$	(230,533	)	$	(631,689	)	$	315,173

For the three months ended March 31, 2013:

					IKONICS					Micro-
	Domestic		Export		Imaging		DTX			Machining			Unalloc.		Total
Net sales	$	1,516,271	$	1,441,459	$	843,471	$	101,258		$	119,813		—		$	4,022,272
Cost of goods sold	905,158		1,105,090		413,749		14,762			119,254			—		2,558,013
Gross profit (loss)	611,113		336,369		429,722		86,496			559			—		1,464,259
Selling general and adminstrative*	342,637		153,746		281,438		104,097			101,621			482,007		1,465,546
Research and development*	—		—		—		—			—			172,515		172,515
Income (loss) from operations	$	268,476	$	182,623	$	148,284	$	(17,601	)	$	(101,062	)	(654,522	)	$	(173,802	)

* The Company does not allocate all general and administrative expenses or any research and development expenses to its operating segments for internal reporting.

Schedule of accounts receivable by segment

	Mar 31, 2014			Dec 31, 2013

Domestic	$	867,803		$	1,012,057
Export	734,440			667,343
IKONICS Imaging	524,719			339,537
DTX	52,693			26,910
Micro-Machining	46,000			40,222
Unallocated	(12,582		)	(35,216		)

Total	$	2,213,073		$	2,050,853

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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