| Segment Reporting Disclosure [Text Block] |
NOTE 15 — GEOGRAPHIC INFORMATION
The Company operates in one reportable segment — the sale of premium beverage alcohol. The Company’s product categories are rum, liqueur, whiskey, vodka, tequila and wine. The Company reports its operations in two geographic areas: International and United States.
The condensed consolidated financial statements include revenues and assets generated in or held in the U.S. and foreign countries. The following table sets forth the amounts and percentage of consolidated revenue, consolidated results from operations, consolidated net loss attributable to common shareholders, consolidated income tax benefit and consolidated assets from the U.S. and foreign countries and consolidated revenue by category.
| |
|
Three Months ended December 31, |
|
| |
|
2012 |
|
|
2011 |
|
| Consolidated Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| International |
|
$ |
1,498,804 |
|
|
|
14.1 |
% |
|
$ |
1,248,847 |
|
|
|
14.3 |
% |
| United States |
|
|
9,107,865 |
|
|
|
85.9 |
% |
|
|
7,460,357 |
|
|
|
85.7 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Revenue |
|
$ |
10,606,669 |
|
|
|
100.0 |
% |
|
$ |
8,709,204 |
|
|
|
100.0 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Consolidated Loss from Operations: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| International |
|
$ |
44,145 |
|
|
|
(10.0 |
)% |
|
$ |
(11,437 |
) |
|
|
1.4 |
% |
| United States |
|
|
(485,728 |
) |
|
|
110.0 |
% |
|
|
(781,795 |
) |
|
|
98.6 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Loss from Operations |
|
$ |
(441,583 |
) |
|
|
100.0 |
% |
|
$ |
(793,232 |
) |
|
|
100.0 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Consolidated Net Loss Attributable to Controlling Interests: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| International |
|
$ |
(12,328 |
) |
|
|
2.0 |
% |
|
$ |
(330,356 |
) |
|
|
26.8 |
% |
| United States |
|
|
(589,895 |
) |
|
|
98.0 |
% |
|
|
(903,906 |
) |
|
|
73.2 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Net Loss Attributable to Controlling Interests |
|
$ |
(602,223 |
) |
|
|
100.0 |
% |
|
$ |
(1,234,262 |
) |
|
|
100.0 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax benefit: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
|
37,038 |
|
|
|
100.0 |
% |
|
|
37,038 |
|
|
|
100.0 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Consolidated Revenue by category: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Rum |
|
$ |
3,256,769 |
|
|
|
30.6 |
% |
|
$ |
2,581,096 |
|
|
|
29.6 |
% |
| Liqueur |
|
|
2,765,253 |
|
|
|
26.2 |
% |
|
|
2,679,497 |
|
|
|
30.8 |
% |
| Whiskey |
|
|
2,856,248 |
|
|
|
26.9 |
% |
|
|
1,716,979 |
|
|
|
19.7 |
% |
| Vodka |
|
|
815,732 |
|
|
|
7.7 |
% |
|
|
926,550 |
|
|
|
10.6 |
% |
| Tequila |
|
|
45,057 |
|
|
|
0.4 |
% |
|
|
35,861 |
|
|
|
0.4 |
% |
| Wine |
|
|
108,544 |
|
|
|
1.0 |
% |
|
|
152,888 |
|
|
|
1.8 |
% |
| Other* |
|
|
759,066 |
|
|
|
7.2 |
% |
|
|
616,333 |
|
|
|
7.1 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Revenue |
|
$ |
10,606,669 |
|
|
|
100.0 |
% |
|
$ |
8,709,204 |
|
|
|
100.0 |
% |
| |
|
Nine Months ended December 31, |
|
| |
|
2012 |
|
|
2011 |
|
| Consolidated Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| International |
|
$ |
4,122,819 |
|
|
|
13.5 |
% |
|
$ |
3,230,356 |
|
|
|
12.7 |
% |
| United States |
|
|
26,521,014 |
|
|
|
86.5 |
% |
|
|
22,271,186 |
|
|
|
87.3 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Revenue |
|
$ |
30,643,833 |
|
|
|
100.0 |
% |
|
$ |
25,501,542 |
|
|
|
100.0 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Consolidated Loss from Operations: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| International |
|
$ |
(90,776 |
) |
|
|
5.2 |
% |
|
$ |
(54,749 |
) |
|
|
1.9 |
% |
| United States |
|
|
(1,638,310 |
) |
|
|
94.8 |
% |
|
|
(2,870,604 |
) |
|
|
98.1 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Loss from Operations |
|
$ |
(1,729,086 |
) |
|
|
100.0 |
% |
|
$ |
(2,925,353 |
) |
|
|
100.0 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Consolidated Net Loss Attributable to Controlling Interests: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| International |
|
$ |
(159,031 |
) |
|
|
6.8 |
% |
|
$ |
(581,325 |
) |
|
|
14.8 |
% |
| United States |
|
|
(2,173,988 |
) |
|
|
93.2 |
% |
|
|
(3,340,619 |
) |
|
|
85.2 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Net Loss Attributable to Controlling Interests |
|
$ |
(2,333,019 |
) |
|
|
100.0 |
% |
|
$ |
(3,921,944 |
) |
|
|
100.0 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax benefit: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
|
111,114 |
|
|
|
100.0 |
% |
|
|
111,114 |
|
|
|
100.0 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Consolidated Revenue by category: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Rum |
|
$ |
11,430,885 |
|
|
|
37.2 |
% |
|
$ |
8,997,450 |
|
|
|
35.3 |
% |
| Liqueur |
|
|
6,859,066 |
|
|
|
22.4 |
% |
|
|
6,531,969 |
|
|
|
25.6 |
% |
| Whiskey |
|
|
6,472,001 |
|
|
|
21.1 |
% |
|
|
4,392,630 |
|
|
|
17.2 |
% |
| Vodka |
|
|
2,627,122 |
|
|
|
8.6 |
% |
|
|
2,903,060 |
|
|
|
11.4 |
% |
| Tequila |
|
|
205,808 |
|
|
|
0.7 |
% |
|
|
204,883 |
|
|
|
0.8 |
% |
| Wine |
|
|
389,216 |
|
|
|
1.3 |
% |
|
|
567,273 |
|
|
|
2.2 |
% |
| Other* |
|
|
2,659,735 |
|
|
|
8.7 |
% |
|
|
1,904,277 |
|
|
|
7.5 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Revenue |
|
$ |
30,643,833 |
|
|
|
100.0 |
% |
|
$ |
25,501,542 |
|
|
|
100.0 |
% |
| |
|
As of December 31, 2012 |
|
|
As of March 31, 2012 |
|
| Consolidated Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| International |
|
$ |
1,778,406 |
|
|
|
5.5 |
% |
|
|
2,430,226 |
|
|
|
7.6 |
% |
| United States |
|
|
30,739,387 |
|
|
|
94.5 |
% |
|
|
28,924,551 |
|
|
|
92.4 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Consolidated Assets |
|
$ |
32,517,793 |
|
|
|
100.0 |
% |
|
|
31,354,777 |
|
|
|
100.0 |
% |
*Includes related non-beverage alcohol products. |