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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2014
Summary Of Significant Accounting Policies Tables  
Credit and Concentration Risks
Customer   Percentage of  Net Sales
    2014   2013
    (Unaudited)   (Unaudited)
         
1   30.1   21.6
2   27.6   26.7
3   10.6   **
4   *   10.6
         
* Customer was less than 10% of net sales for the quarter ended September 30, 2014
Earnings per share

The following is a reconciliation of the denominators of basic and diluted earnings per share computations:

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2014     2013     2014     2013  
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
Weighted average shares outstanding used to compute basic earning per share     7,092,655       5,711,093       6,415,402       5,711,093  
Effect of dilutive stock options and warrants     296,031       142,922       296,341       116,944  
Weighted average shares outstanding and dilutive securities used to compute dilutive earnings per share     7,388,686       5,854,015       6,711,743       5,828,037  


 

The following securities have been excluded from the calculation as their effect would be anti-dilutive:

 

    Three and Nine Months Ended  
    September 30,     September 30,  
    2014     2013  
    (Unaudited)     (Unaudited)  
Stock Options     17,048       17,048  
Warrants     46,800       -  
      63,848       17,048