XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED INCOME STATEMENTS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
CONSOLIDATED INCOME STATEMENTS        
Sales $ 13,243,107 $ 13,452,517 $ 27,835,361 $ 27,079,565
Cost of Sales 11,744,819 11,962,989 23,979,601 23,895,111
Gross Profit 1,498,288 1,489,528 3,855,760 3,184,454
Selling, General and Administrative 6,541,179 5,014,370 12,641,894 10,001,111
Research and Product Development 1,675,494 2,063,324 2,890,345 3,377,754
Operating Income (Loss) (6,718,385) (5,588,166) (11,676,479) (10,194,411)
Interest and Investment Income, net (364,599) 227,020 (148,528) 413,582
Income (Loss) Before Income Taxes (7,082,984) (5,361,146) (11,825,007) (9,780,829)
Income Tax Expense       404,527
Net Income (Loss) $ (7,082,984) $ (5,361,146) $ (11,825,007) $ (10,185,356)
Basic Earnings (Loss) per Share $ (0.14) $ (0.11) $ (0.23) $ (0.20)
Diluted Earnings (Loss) per Share $ (0.14) $ (0.11) $ (0.23) $ (0.20)