XML 39 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2017
Summary of Significant Accounting Policies [Abstract]  
Schedule of financial assets measured at fair value on nonrecurring basis
  

As of June 30, 2017

 
  Level 1  Level 2  Level 3  Total 
Assets:            
Cash and money market accounts $3,847,632   -   -  $3,847,632 
Bank certificates of deposit  -  $489,582   -  $489,582 
Liabilities:                
Interest rate swaps  -  $34,855   -  $34,855 

 

  As of December 31, 2016 
  Level 1  Level 2  Level 3  Total 
Assets:            
Cash and money market accounts  $5,150,344   -   -  $5,150,344 
Bank certificates of deposit  -  $5,474,013   -  $5,474,013 
Liabilities:                
Interest rate swaps  -  $37,346   -  $37,346 
Schedule of sales to significant customers

  

Three-Month Periods

Ended June 30,

  

Six-Month Periods

Ended June 30,

 
  2017  2016  2017  2016 
Patterson Companies, Inc.  42%  42%  41%  39%
AmerisourceBergen Corporation  19%  20%  24%  20%
Schedule of accounts receivable due from significant customers

  

As of

June 30,
2017

  

As of

December 31, 2016

 
Patterson Companies, Inc.  50%  31%
AmerisourceBergen Corporation  17%  33%
Robert J Matthews Company  12%  * 

 

*       Amount is less than 10%.
Schedule of weighted average and diluted number of shares outstanding

  Three-Month Periods Ended 
June 30,		  Six-Month Periods Ended
June 30,		 
  2017  2016  2017  2016 
Weighted average number of shares outstanding  4,848,390   4,178,855   4,847,976   4,005,956 
Effect of dilutive stock options  -   -   95,327   111,032 
Diluted number of shares outstanding  4,848,390   4,178,855   4,943,303   4,116,988 
Outstanding stock options not included in the calculation because the effect would be anti-dilutive  368,000   270,000   120,000   31,500