Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Discontinued operations for the years ended December 31, 2014 and 2013:

	Year Ended December 31,
	2014			2013
Revenue:
Sales	$	5,367,867		$	21,445,752
Cost of goods sold		3,643,142			15,891,252
Gross margin		1,724,725			5,554,500

Expenses:
Selling, general and administrative expenses		2,471,230			7,075,272
Depreciation and amortization		3,259,552			376,924
Total expenses		5,730,782			7,452,196

Operating loss		(4,006,057	)		(1,897,696	)

Other expense (income):
Other income, net		(19,475	)		(19,325	)
Interest (income) expense		9,968			7,004
		(9,507	)		(12,321	)
Loss from discontinued operations before income taxes		(3,996,550	)		(1,885,375	)

Income tax (benefit) expense		(107,494	)		52,998

Loss from discontinued operations after income taxes	$	(3,889,056	)	$	(1,938,373	)

- 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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