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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2017

Summary of Significant Accounting Policies [Abstract]

Schedule of financial assets measured at fair value on nonrecurring basis

		As of September 30, 2017
		Level 1				Level 2				Level 3				Total
Assets:
Cash and money market accounts		$	2,305,264				-				-			$	2,305,264
Liabilities:
Interest rate swaps			-			$	32,005				-			$	32,005

		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

		For the Three-Month Periods Ended  September 30,								For the Nine-Month Periods Ended  September 30,
		2017				2016				2017				2016
Patterson Companies, Inc.			44	%			40	%			42	%			39	%
AmerisourceBergen Corporation			22	%			18	%			23	%			20	%
ANIMART LLC (1)			10	%			11	%			*				*

⁽¹⁾ Assumes that the acquisition of Animal Medic by ANIMART LLC (which closed during the third quarter of 2016) had occurred as of the beginning of the periods being reported.

*   Amount is less than 10%.

Schedule of accounts receivable due from significant customers

		As of September 30, 2017				As of December 31, 2016
Patterson Companies, Inc.			52	%			31	%
AmerisourceBergen Corporation			20	%			33	%

Schedule of weighted average and diluted number of shares outstanding

		For the Three-Month Periods Ended September 30,								For the Nine-Month Periods Ended September 30,
		2017				2016				2017				2016
Weighted average number of shares outstanding			4,992,803				4,182,529				4,896,782				4,065,243
Effect of dilutive stock options			-				119,751				102,463				113,938
Diluted number of shares outstanding			4,992,803				4,302,280				4,999,245				4,179,181
Outstanding stock options not included in the calculation because the effect would be anti-dilutive			367,000				20,000				63,000				22,000

X

- Definition

Tabular disclosure of accounts receivable due from significant customers that amounted to 10% or more of total trade accounts receivable as of the balance sheet date.

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Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
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Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

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-Publisher FASB
-Name Accounting Standards Codification
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