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Note 16 - Segment Reporting
 12 Months Ended
Dec. 31, 2011
Segment Reporting Disclosure [Text Block]
Note 16 – Segment Reporting

The Company adopted ASC 280, “Segment Reporting.” The Company operates through (3) segments, CVD, SDC and Conceptronic. The CVD division is utilized for silicon, silicon germanium, silicon carbide and gallium arsenide processes.  SDC is the Company’s ultra-high purity manufacturing division in Saugerties, New York.  Conceptronic is a manufacturer of Surface Mount Technology equipment. The accounting policies of CVD, SDC and Conceptronic are the same as those described in the summary of significant accounting policies (see Note 2). The Company evaluates performance based on several factors, of which the primary financial measure is earnings before taxes.

The following table presents certain information regarding the Company’s segments as of December 31, 2011 and for the year then ended:

   
CVD
   
SDC
   
Conceptronic
   
Eliminations
   
Consolidated
 
Assets
  $ 39,466,697     $ 3,927,306     $ 1,072,043     $ (5,917,068 )   $ 38,548,978  
                                         
Revenue
  $ 25,844,656     $ 6,097,137     $ 1,015,587     $ (1,963,495 )   $ 30,993,885  
Interest Expense
    136,454       38,435       8,080               182,969  
Depreciation and amortization
     519,830        71,075        6,135                597,040  
Capital expenditures
     158,494        46,441        -                204,935  
Pretax earnings (loss)
    3,926,349       1,004,663       (146,926 )             4,784,086  

The following table presents certain information regarding the Company’s segments as of December 31, 2010 and for the year then ended:

   
CVD
   
SDC
   
Conceptronic
   
Eliminations
   
Consolidated
 
Assets
  $ 25,636,394     $ 2,753,931     $ 1,368,660     $ (5,392,845 )   $ 24,366,140  
                                         
Revenue
  $ 12,435,193     $ 3,327,312     $ 1,263,022     $ (767,940 )   $ 16,257,587  
Interest Expense
    166,956       49,127       10,477       -       226,559  
Depreciation and amortization
     470,717        110,474        7,796       -        588,987  
Capital expenditures
     366,959        6,772        -       -        373,731  
Pretax earnings (loss)
    941,014       (311,188 )     111,741       -       741,567