Segment, Customer and Geographical Reporting (Tables)

3 Months Ended

Dec. 31, 2013

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The Company’s segment information for the three months ended December 31, 2013 and 2012 is summarized below:

Results of Operations for the Three Months Ended December 31,
2013
	Contract
	Research		Optics		Instruments		Biomedical		Total
Revenue	$	5,840,442	$	4,098,508	$	772,578	$	-	$	10,711,528
Gross Profit		2,529,539		1,597,259		323,730		-		4,450,528
Operating Income (Loss)		348,394		398,428		1,041,768		(174,372)		1,614,218

Depreciation and Amortization		69,547		178,108		2,003		16,667		266,325
Capital expenditures		-		130,918		-		-		130,918

Intangibles, Net		324,185		869,974		-		163,333		1,357,492
Goodwill		4,938,625		1,317,698		-		-		6,256,323
Total Assets	$	10,359,612	$	12,538,356	$	752,431	$	504,904	$	24,155,303

Results of Operations for the Three Months Ended December 31,
2012
	Contract
	Research		Optics		Instruments		Biomedical		Total
Revenue	$	4,910,840	$	4,251,940	$	1,284,038	$	106,457	$	10,553,275
Gross Profit		2,214,053		1,700,555		605,801		106,457		4,626,866
Operating Income (Loss)		(606)		385,676		(455,694)		(120,663)		(191,287)

Depreciation and Amortization		62,782		185,628		163,048		15,000		426,458
Capital expenditures		186,330		122,146		7,092		-		315,568

Intangibles, Net		339,886		946,525		5,016,201		224,996		6,527,608
Goodwill		4,938,625		1,310,802		4,015,072		-		10,264,499
Total Assets	$	13,290,669	$	10,607,828	$	12,092,507	$	388,671	$	36,379,675

Schedule Of Segment Revenue By Geographical Location [Table Text Block]

Revenue by geographic location in total and as a percentage of total revenue, for the three months ended December 31, 2013 and 2012 are as follows:

	Three Months Ended				Three Months Ended
	December 31, 2013				December 31, 2012
Geographic Location	Revenue		% of Total		Revenue		% of Total
United States	$	8,907,730	83	%	$	8,494,488	81	%
Europe		829,437	8	%		888,341	8	%
Other		974,361	9	%		1,170,446	11	%
	$	10,711,528	100	%	$	10,553,275	100	%

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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