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Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current Assets  
Cash and cash equivalents$ 319,306$ 2,763,420
Accounts receivable2,692,7591,198,939
Inventory3,872,7702,539,190
Prepaid expenses168,641192,269
Total7,053,4766,693,818
Property, equipment and leaseholds8,047,5307,867,672
Patents204,945225,180
Long term deposits7,5187,895
Deferred tax asset219,000199,000
Total15,532,46914,993,565
Current Liabilities  
Accounts payable and accrued liabilities688,594512,380
Deferred revenue313,005250,000
Taxes payable330,000620,000
Short term line of credit1,500,0000
Current portion of long term debt330,368122,726
Total3,161,9671,505,106
Long Term Liabilities  
Loans1,791,5662,206,075
Total4,953,5333,711,181
Stockholders' Equity  
1,000,000 Preferred shares with a par value of $0.01 each00
Capital stock Authorized 50,000,000 Common shares with a par value of $0.001 each Issued and outstanding 13,169,991 (2010: 13,962,567) common shares13,17013,963
Capital in excess of par value15,730,84316,638,227
Other comprehensive income319,049554,865
Deficit(5,484,126)(5,924,671)
Total Stockholders' Equity10,578,93611,282,384
Total Liabilities and Stockholders' Equity$ 15,532,469$ 14,993,565