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Note 14 - Segment Reporting
 12 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
Note 1
4
– Segment Reporting
 
The Company adopted ASC 280, “Segment Reporting.” The Company operates through (2) segments, CVD and SDC. 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. The 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 earnings before taxes.
 
The following table presents certain information regarding the Company’s segments as of December 31, 2015 and for the year then ended:
 
 
 
CVD
 
 
SDC
 
 
Eliminations
 
 
Consolidated
 
Assets
   $ 41,204,471     $ 3,619,304     $ (2,017,571 )   $ 42,806,204  
                                 
Revenue
   $ 35,473,057     $ 5,674,258     $ (2,181,928 )   $ 38,965,387  
Interest Expense
     85,765       6,336               92,101  
Depreciation and
Amortization
     764,467       62,062               826,529  
Capital expenditures
     212,140       36,165               248,305  
Pretax earnings
     3.616,280       1,046,911               4,663,191  
 
The following table presents certain information regarding the Company’s segments as of December 31, 2014 and for the year then ended:
 
 
 
CVD
 
 
SDC
 
 
Eliminations
 
 
Consolidated
 
Assets
   $ 44,953,847     $ 4,733,926     $ (4,131,301 )   $ 45,556,472  
                                 
Revenue
   $ 23,831,036     $ 5,580,212     $ (1,420,785 )   $ 27,990,463  
Interest Expense
     100,829       8,589               109,418  
Depreciation and Amortization
     728,995       68,933               797,928  
Capital expenditures
     571,240       46,521               617,761  
Pretax (loss)/earnings
    (4,877,892 )     1,168,422               (3,709,470 )