XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue:        
Sales $ 23,754,623 $ 28,975,063 $ 83,819,585 $ 90,374,423
Cost of goods sold 19,222,318 22,787,722 69,537,396 73,447,142
Gross margin 4,532,305 6,187,341 14,282,189 16,927,281
Expenses:        
Selling, general and administrative expenses 5,499,007 6,405,147 15,665,812 17,924,355
Depreciation and amortization 187,079 152,337 543,735 448,260
Total operating expenses 5,686,086 6,557,484 16,209,547 18,372,615
Operating loss (1,153,781) (370,143) (1,927,358) (1,445,334)
Other expense (income):        
Other income, net (2,845) (39,352) (18,204) (66,012)
Interest expense 66,604 72,677 170,566 253,796
Other expense (income) 63,759 33,325 152,362 187,784
Loss from continuing operations before income taxes (1,217,540) (403,468) (2,079,720) (1,633,118)
Income tax expense 214,414 26,603 174,379 106,413
Loss from continuing operations (1,431,954) (430,071) (2,254,099) (1,739,531)
Discontinued operations:        
Loss from discontinued operations, net of taxes of $0    (105,819)    (706,641)
Net loss $ (1,431,954) $ (535,890) $ (2,254,099) $ (2,446,172)
Basic net loss per common share:        
Loss from continuing operations $ (0.12) $ (0.03) $ (0.19) $ (0.14)
Loss from discontinued operations    $ (0.01)    $ (0.06)
Net loss per share $ (0.12) $ (0.04) $ (0.19) $ (0.20)
Diluted net loss per common share:        
Loss from continuing operations $ (0.12) $ (0.03) $ (0.19) $ (0.14)
Loss from discontinued operations    $ (0.01)    $ (0.06)
Net loss per share $ (0.12) $ (0.04) $ (0.19) $ (0.20)
Weighted-average number of common shares        
Basic 12,175,584 12,175,287 12,175,584 12,175,287
Diluted 12,175,584 12,175,287 12,175,584 12,175,287