v2.4.0.8
GEOGRAPHIC INFORMATION
 6 Months Ended
Sep. 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 September 30,
 
 
 
2013
 
2012
 
Consolidated Revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
1,456,514
 
 
12.5
%
 
$
1,070,467
 
 
10.4
%
United States
 
 
10,203,193
 
 
87.5
%
 
 
9,247,270
 
 
89.6
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Revenue
 
$
11,659,707
 
 
100.0
%
 
$
10,317,737
 
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Income (Loss) from Operations:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
2,262
 
 
(1.1)
%
 
$
(77,634)
 
 
14.4
%
United States
 
 
(210,154)
 
 
101.1
%
 
 
(459,847)
 
 
85.6
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Loss from Operations
 
$
(207,892)
 
 
100.0
%
 
$
(537,481)
 
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Net Income (Loss) Attributable to Controlling
      Interests:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
11,128
 
 
(0.3)
%
 
$
(94,975)
 
 
10.5
%
United States
 
 
(4,270,751)
 
 
100.3
%
 
 
(806,320)
 
 
89.5
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Net Loss Attributable to Controlling
    Interests
 
$
(4,259,623)
 
 
100.0
%
 
$
(901,295)
 
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income tax benefit:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
 
 
37,038
 
 
100.0
%
 
 
37,038
 
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Revenue by category:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rum
 
$
4,285,230
 
 
38.6
%
 
$
4,047,647
 
 
39.2
%
Liqueur
 
 
2,609,505
 
 
22.4
%
 
 
2,437,008
 
 
23.7
%
Whiskey
 
 
2,294,165
 
 
19.7
%
 
 
1,795,671
 
 
17.3
%
Vodka
 
 
743,328
 
 
6.4
%
 
 
808,663
 
 
7.8
%
Tequila
 
 
34,946
 
 
0.3
%
 
 
60,989
 
 
0.6
%
Wine
 
 
178,878
 
 
1.5
%
 
 
122,066
 
 
1.2
%
Other*
 
 
1,513,655
 
 
13.0
%
 
 
1,045,693
 
 
10.2
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Revenue
 
$
11,659,707
 
 
100.0
%
 
$
10,317,737
 
 
100.0
%
 
 
 
Six Months ended September 30,
 
 
 
2013
 
2012
 
Consolidated Revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
2,867,861
 
 
13.0
%
 
$
2,624,015
 
 
13.1
%
United States
 
 
19,210,463
 
 
87.0
%
 
 
17,413,149
 
 
86.9
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Revenue
 
$
22,078,324
 
 
100.0
%
 
$
20,037,164
 
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Income (Loss) from Operations:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
42,943
 
 
(6.5)
%
 
$
(134,921)
 
 
10.5
%
United States
 
 
(706,483)
 
 
106.5
%
 
 
(1,152,582)
 
 
89.5
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Loss from Operations
 
$
(663,540)
 
 
100.0
%
 
$
(1,287,503)
 
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Net Income (Loss) Attributable to Controlling
     Interests:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
27,744
 
 
(0.5)
%
 
$
(146,703)
 
 
8.5
%
United States
 
 
(5,580,200)
 
 
100.5
%
 
 
(1,584,094)
 
 
91.5
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Net Loss Attributable to Controlling
    Interests
 
$
(5,552,456)
 
 
100.0
%
 
$
(1,730,797)
 
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income tax benefit:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
 
 
74,076
 
 
100.0
%
 
 
74,076
 
 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Revenue by category:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rum
 
$
8,499,001
 
 
38.5
%
 
$
8,174,117
 
 
40.9
%
Liqueur
 
 
4,480,311
 
 
20.3
%
 
 
4,093,813
 
 
20.4
%
Whiskey
 
 
4,589,392
 
 
20.8
%
 
 
3,615,752
 
 
18.0
%
Vodka
 
 
1,332,978
 
 
6.0
%
 
 
1,811,390
 
 
9.0
%
Tequila
 
 
94,848
 
 
0.4
%
 
 
160,751
 
 
0.8
%
Wine
 
 
293,488
 
 
1.3
%
 
 
280,672
 
 
1.4
%
Other*
 
 
2,788,307
 
 
12.7
%
 
 
1,900,669
 
 
9.5
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Revenue
 
$
22,078,324
 
 
100.0
%
 
$
20,037,164
 
 
100.0
%
 
 
 
As of September 30, 2013
 
 
As of March 31, 2013
 
Consolidated Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
International
 
$
2,362,589
 
 
7.1
%
 
 
1,941,537
 
 
5.9
%
United States
 
 
31,112,284
 
 
92.9
%
 
 
31,175,558
 
 
94.1
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Consolidated Assets
 
$
33,474,873
 
 
100.0
%
 
 
33,117,095
 
 
100.0
%
 
*Includes related non-beverage alcohol products.