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BUSINESS SEGMENTS
 6 Months Ended
Jun. 30, 2011
BUSINESS SEGMENTS  
BUSINESS SEGMENTS

7.

BUSINESS SEGMENTS

 

 

 

Three Months 
Ended
June 30, 2011

 

Three Months 
Ended
June 30, 2010

 

Six Months 
Ended
June 30, 2011

 

Six Months 
Ended
June 30, 2010

 

U.S. sales

 

$

5,861,260

 

$

7,248,875

 

$

13,164,498

 

$

14,708,275

 

North and South America sales (excluding U.S.)

 

1,943,768

 

210,814

 

4,203,088

 

773,555

 

Other international sales

 

170,943

 

(10,956

)

356,017

 

432,520

 

Total sales

 

$

7,975,971

 

$

7,448,733

 

$

17,723,603

 

$

15,914,350

 

 

 

 

June 30, 2011

 

December 31, 2010

 

Long-lived assets

 

 

 

 

 

U.S.

 

$

12,468,059

 

$

12,297,942

 

International

 

$

252,002

 

$

262,650

 

 

The Company does not operate in separate reportable segments.  The Company has minimal long-lived assets in foreign countries.  Shipments to international customers generally require a prepayment either by wire transfer or an irrevocable confirmed letter of credit.  The Company does extend credit to international customers on some occasions depending upon certain criteria, including, but not limited to, the credit worthiness of the customer, the stability of the country, banking restrictions, and the size of the order.  All transactions are in U.S. currency.