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BUSINESS SEGMENTS
 3 Months Ended
Mar. 31, 2014
BUSINESS SEGMENTS  
BUSINESS SEGMENTS

7.     BUSINESS SEGMENTS

 

 

 

Three Months Ended
March 31, 2014

 

Three Months Ended
March 31, 2013

 

U.S. sales

 

$

4,950,177

 

$

5,736,230

 

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

 

836,552

 

592,289

 

Other international sales

 

253,649

 

844,593

 

Total sales, net

 

$

6,040,378

 

$

7,173,112

 

 

 

 

March 31, 2014

 

December 31, 2013

 

Long-lived assets

 

 

 

 

 

U.S.

 

$

11,096,803

 

$

10,676,053

 

International

 

$

227,798

 

$

234,119

 

 

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.