Note 14 - Significant Customers / Concentration

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE 14 - SIGNIFICANT CUSTOMERS / CONCENTRATION

For the year ended December 31, 2015, our four largest customers accounted for approximately 24%, 15%, 11% and 6%, respectively, of our net sales (approximately 56% in total). For the year ended December 31, 2014, our four largest customers accounted for approximately 10%, 5%, 4% and 3%, respectively, of our net sales (approximately 22% in total).

The Company sells products throughout the world; sales by geographical region are as follows for the year ended December 31, 2015 and 2014:

	For the Year Ended December 31
	2015		2014
United States and Canada	$	1,521,718	$	3,152,919
Australia		382,883		374,289
South America		2,400,000		16,845
Asia		1,139,090		2,004,409
Europe		10,368,896		9,012,730
	$	15,812,587	$	14,561,192

The Company’s sales by product line are as follows for the year ended December 31, 2015 and 2014:

	For the Year Ended December 31
	2015		2014
Ceramic diesel particulate	$	5,081,304	$	6,620,625
Liquid filters		10,347,010		7,532,528
Kiln furniture		384,273		408,039
	$	15,812,587	$	14,561,192