XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Sales $ 10,572,071 $ 16,523,826 $ 37,844,993 $ 44,341,612
Cost of goods sold 8,704,491 14,137,085 31,546,514 37,052,512
Gross margin 1,867,580 2,386,741 6,298,479 7,289,100
Expenses:        
Selling, general and administrative expenses 2,184,041 2,689,569 7,401,556 8,108,750
Loss on the sale of assets 1,026,078 0 1,026,078 0
Depreciation and amortization 77,878 80,499 287,278 302,831
Total operating expenses 3,287,997 2,770,068 8,714,912 8,411,581
Operating loss (1,420,417) (383,327) (2,416,433) (1,122,481)
Other expense (income):        
Other income, net (3,110) (3,766) (3,371) (7,469)
Interest expense 88,909 84,826 284,679 257,487
Total other expense (income) 85,799 81,060 281,308 250,018
Loss from continuing operations before income taxes (1,506,216) (464,387) (2,697,741) (1,372,499)
Income tax expense 4,334 18,159 39,960 43,082
Loss from continuing operations (1,510,550) (482,546) (2,737,701) (1,415,581)
Discontinued operations:        
Income from discontinued operations, net of taxes 825 13,848 661 58,095
Net loss $ (1,509,725) $ (468,698) $ (2,737,040) $ (1,357,486)
Basic net loss per common share:        
Loss from continuing operations $ (0.12) $ (0.04) $ (0.22) $ (0.11)
Income from discontinued operations 0 0 0 0
Net loss per share (0.12) (0.04) (0.22) (0.11)
Diluted net loss per common share:        
Loss from continuing operations (0.12) (0.04) (0.22) (0.11)
Income from discontinued operations 0 0 0 0
Net loss income per share $ (0.12) $ (0.04) $ (0.22) $ (0.11)
Weighted-average number of common shares        
Basic 12,358,466 12,295,446 12,327,753 12,267,475
Diluted 12,358,466 12,295,446 12,327,753 12,267,475