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Note 12 - Segment Reporting
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

NOTE 12:      SEGMENT REPORTING


The Company operates through two (2) segments, CVD and SDC. The CVD division, which operates out of Central Islip, New York, 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. The respective accounting policies of CVD and SDC 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 income or (loss) before taxes.


Three Months


Ended September 30,


2014

 

CVD

   

SDC

   

Eliminations *

   

Consolidated

 

Revenue

  $ 7,693,131     $ 1,810,328     $ (636,301 )   $ 8,867,158  

Pretax income

    807,397       389,532               1,196,929  
                                 

2013

                               

Revenue

  $ 3,368,613     $ 1,425,304     $ (87,245 )   $ 4,706,672  

Pretax (loss)/income

    (854,063 )      240,106               (613,957 ) 

Nine Months


Ended September 30,


2014

 

CVD

   

SDC

   

Eliminations *

   

Consolidated

 

Revenue

  $ 16,339,298     $ 4,137,957     $ (1,117,708 )   $ 19,359,547  

Pretax income

    410,301       878,648               1,288,949  
                                 

2013

                               

Revenue

  $ 9,824,980     $ 3,473,665     $ (294,348 )   $ 13,004,297  

Pretax (loss)/income

    (979,148 )     467,328               (511,820 ) 

*All elimination entries represent intersegment revenues eliminated in consolidation for external financial reporting.