Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2014

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013

Revenue:
Sales	$	59		$	4,754,922		$	5,367,867		$	17,514,693
Cost of goods sold		(5,433	)		3,534,443			3,642,244			13,005,112
Gross margin		5,492			1,220,479			1,725,623			4,509,581

Expenses:
Selling, general, and administrative expenses		(76,042	)		1,689,995			2,480,104			5,310,899
Depreciation and amortization		-			99,753			3,259,552			274,622
Total expenses		(76,042	)		1,789,748			5,739,656			5,585,521

Operating income (loss)		81,534			(569,269	)		(4,014,033	)		(1,075,940)

Other expense (income):
Other income, net		(77	)		(596	)		(19,475	)		(18,417)
Interest (income) expense		(920	)		-			9,968			-
		(997	)		(596	)		(9,507	)		(18,417)

Income (loss) from discontinued operations before income taxes		82,531			(568,673	)		(4,004,526	)		(1,057,523)

Income tax benefit		(84,226	)		-			(18,699	)		-


Income (loss) from discontinued operations after income taxes	$	166,757		$	(568,673	)	$	(3,985,827	)	$	(1,057,523)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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