v2.4.0.8
GEOGRAPHIC INFORMATION
 3 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
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 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 June 30,
 
 
 
2013
 
 
2012
 
Consolidated Revenue:
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
1,503,830
 
14.6
%
 
$
1,553,548
 
16.0
%
United States
 
 
8,914,787
 
85.4
%
 
 
8,165,879
 
84.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Revenue
 
$
10,418,617
 
100.0
%
 
$
9,719,427
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Results from Operations:
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
40,681
 
(8.9)
%
 
$
(57,286)
 
7.6
%
United States
 
 
(496,319)
 
108.9
%
 
 
(692,736)
 
92.4
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Results from Operations
 
$
(455,638)
 
100.0
%
 
$
(750,022)
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Net Loss Attributable to Common Shareholders:
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
16,623
 
(1.3)
%
 
$
(51,728)
 
6.2
%
United States
 
 
(1,309,450)
 
101.3
%
 
 
(777,773)
 
93.8
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Net Loss Attributable to Common
   Shareholders
 
$
(1,292,827)
 
100.0
%
 
$
(829,501)
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Income tax benefit:
 
 
 
 
 
 
 
 
 
 
 
 
United States
 
 
37,038
 
100.0
%
 
 
37,038
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Revenue by category:
 
 
 
 
 
 
 
 
 
 
 
 
Rum
 
$
4,213,771
 
40.4
%
 
$
4,126,471
 
42.6
%
Whiskey
 
 
2,295,228
 
22.0
%
 
 
1,820,081
 
18.7
%
Liqueurs
 
 
1,870,806
 
18.0
%
 
 
1,656,805
 
17.0
%
Vodka
 
 
589,649
 
5.7
%
 
 
1,002,726
 
10.3
%
Tequila
 
 
59,902
 
0.6
%
 
 
99,762
 
1.0
%
Wine
 
 
114,610
 
1.1
%
 
 
158,606
 
1.6
%
Gosling’s Stormy Ginger Beer and other*
 
 
1,274,651
 
12.2
%
 
 
854,976
 
8.8
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Revenue
 
$
10,418,617
 
100.0
%
 
$
9,719,427
 
100.0
%
 
 
 
As of June 30, 2013
 
 
As of March 31, 2013
 
Consolidated Assets:
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
1,832,550
 
5.5
%
 
 
1,941,537
 
5.9
%
United States
 
 
31,659,589
 
94.5
%
 
 
31,175,558
 
94.1
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Assets
 
$
33,492,139
 
100.0
%
 
 
33,117,095
 
100.0
%
  
*Includes related non-beverage alcohol products.