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BUSINESS SEGMENTS
 3 Months Ended
Mar. 31, 2015
BUSINESS SEGMENTS  
BUSINESS SEGMENTS

7.BUSINESS SEGMENTS

 

 

 

Three Months Ended
March 31, 2015

 

Three Months Ended
March 31, 2014

 

U.S. sales

 

$
5,834,591 

 

$
4,950,177 

 

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

 
132,803 

 
836,552 

 

Other international sales

 
211,182 

 
253,649 

 

Total sales, net

 

$
6,178,576 

 

$
6,040,378 

 

 

 

 

 

March 31, 2015

 

December 31, 2014

 

 

 

 

 

 

 

Long-lived assets

 

 

 

 

 

U.S.

 

$
10,788,549 

 

$
10,642,859 

 

International

 

$
203,964 

 

$
209,994 

 

 

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.