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12. Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2013
Segment Information Tables |
Schedule of segment information | Summarized financial information by reportable segment for the three and six months ended June 30, 2013 and 2012 follow:
|  | For the six |  |  | For the six |  |  | For the three |  |  | For the three |
|  | months ended |  |  | months ended |  |  | months ended |  |  | months ended |
Statement of Operations Data |  | June 30, 2013 |  |  | June 30, 2012 |  |  | June 30, 2013 |  |  | June 30, 2012 |
Revenues |  |  |  |  |  |  |  |  |  |  |  |
India |  | $ | 23,062,075 |  |  | $ | 4,524,806 |  |  | $ | 11,520,882 |  |  | $ | 2,211,109 |
North America |  |  | 43,710,648 |  |  |  | 83,950,836 |  |  |  | 35,831,627 |  |  |  | 42,068,757 |
Other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total revenues |  | $ | 66,772,723 |  |  | $ | 88,475,642 |  |  | $ | 47,352,509 |  |  | $ | 44,279,866 |
Cost of goods sold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
India |  | $ | 19,633,011 |  |  | $ | 4,834,372 |  |  | $ | 8,878,236 |  |  | $ | 2,426,783 |
North America |  |  | 43,141,731 |  |  |  | 87,920,722 |  |  |  | 34,724,006 |  |  |  | 43,874,023 |
Other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total cost of goods sold |  | $ | 62,774,742 |  |  | $ | 92,755,094 |  |  | $ | 43,602,242 |  |  | $ | 46,300,806 |
Gross profit/(loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
India |  | $ | 3,429,064 |  |  | $ | (309,566 | ) |  | $ | 2,642,646 |  |  | $ | (215,674 | )
North America |  |  | 568,917 |  |  |  | (3,969,886 | ) |  |  | 1,107,621 |  |  |  | (1,805,266 | )
Other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total gross profit/(loss) |  | $ | 3,997,981 |  |  | $ | (4,279,452 | ) |  | $ | 3,750,267 |  |  | $ | (2,020,940 | )
Total assets consist of the following:
|  | June 30, 2013 |  |  | December 31, 2012 |
India |  | $ | 15,673,103 |  |  | $ | 15,597,333 |
North America (United States) |  |  | 80,868,783 |  |  |  | 81,274,826 |
Other |  |  | — |  |  |  | — |
Total Assets |  | $ | 96,541,886 |  |  | $ | 96,872,159 |

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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