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UNAUDITED QUARTERLY FINANCIAL DATA

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

15.

UNAUDITED QUARTERLY FINANCIAL DATA

The following tables present the quarterly information for fiscal years 2012, 2011 and 2010:

	Three Months Ended
	March 31			June 30			September 30			December 31
Fiscal 2012:
Product sales	$	1,717,109		$	1,175,126		$	1,076,749		$	1,420,951
Gross margin		1,012,568			670,518			620,958			750,215
Product development expenses		247,807			211,706			223,771			234,316
Net operating income (loss)		281,233			37,397			(86,126	)		12,497
Net income (loss)		154,761			15,187			(63,574	)		(16,862	)
Net income (loss) per common share:
Basic	$	0.05		$	0.01		$	(0.02	)	$	(0.01	)
Diluted	$	0.05		$	0.01		$	(0.02	)	$	(0.01	)

Fiscal 2011:
Product sales	$	1,555,701		$	1,247,443		$	1,003,451		$	1,304,548
Gross margin		868,235			694,526			526,034			725,009
Product development expenses		472,134			672,763			304,082			271,076
Net operating (loss) income		(16,858	)		(432,860	)		(192,390	)		9,382
Net loss		(23,113	)		(258,218	)		(127,649	)		(530	)
Net loss per common share:
Basic	$	(0.01	)	$	(0.09	)	$	(0.04	)	$	(0.00	)
Diluted	$	(0.01	)	$	(0.09	)	$	(0.04	)	$	(0.00	)
Fiscal 2010:
Product sales	$	1,311,748		$	1,077,672		$	873,722		$	1,123,054
Gross margin		739,159			618,617			357,269			587,433
Product development expenses		405,462			333,320			312,158			441,866
Net operating loss		(74,398	)		(47,630	)		(347,542	)		(220,711	)
Net loss		(53,266	)		(6,439	)		(197,116	)		(127,863	)
Net loss per common share:
Basic	$	(0.02	)	$	(0.00	)	$	(0.07	)	$	(0.04	)
Diluted	$	(0.02	)	$	(0.00	)	$	(0.07	)	$	(0.04	)

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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