XML 20 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Revenue $ 20,955,347 $ 38,965,387
Cost of revenue 13,850,824 23,819,864
Gross profit 7,104,523 15,145,523
Operating expenses    
Research and development 433,844 605,264
Selling and shipping 1,097,661 1,208,174
General and administrative 6,926,487 7,745,092
Litigation settlement 0 995,000
Gain on settlement (628,905) 0
Total operating expenses 7,829,087 10,553,530
Operating (loss)/income (724,564) 4,591,993
Other income (expense):    
Interest income 28,233 24,540
Interest expense (79,861) (92,101)
Other income/(expense) 123,006 759
Total other (expense)/income net 71,378 (66,802)
(Loss)/income before income tax (benefit)/expense (653,186) 4,663,191
Income tax (benefit)/expense (504,061) 1,320,195
Net (loss)/income $ (149,124) $ 3,204,996
Basic (loss)/income per common share (in dollars per share) $ (0.02) $ 0.52
Diluted (loss)/income per common share (in dollars per share) $ (0.02) $ 0.51
Outstanding-basic (in shares) 6,285,815 6,175,254
Outstanding-diluted (in shares) 6,285,815 6,283,307