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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 393,323 $ 1,520,175
Adjustments to reconcile net income to net cash (used in ) provided by operating activities:    
Depreciation and amortization 679,463 623,653
Deferred income taxes (23,082) $ (43,945)
Loss on sale of property, plant and equipment 12,522
Stock based compensation 162,225 $ 356,085
Other operating non-cash items 94,799 29,868
Changes in assets and liabilities:    
Trade accounts receivable (2,800,873) (1,838,350)
Inventories (1,301,659) (1,425,735)
Prepaid expenses and other current assets (157,156) (169,592)
Receivables due from affiliated companies 246,697 46,805
Accounts payable and other accrued expenses 1,709,060 1,192,228
Net cash (used in) provided by operating activities (984,681) 291,192
Cash flows from investing activities:    
Purchases of property, plant and equipment $ (845,567) (675,734)
Cash paid for acquisition of joint venture partner's interest in OdorStar $ (150,000)
Cash paid for patent and trademark registration $ (11,902)
Sale of property, plant, and equipment 55,000
Net cash used in investing activities (802,469) $ (825,734)
Cash flows from financing activities:    
Payments on long-term debt $ (326,772) (310,166)
Dividends paid to common shareholders (440,016)
Proceeds from exercise of stock options 63,250
Net cash used in financing activities $ (326,772) (686,932)
Effect of exchange rates on cash (15,943) (21,980)
Net decrease in cash (2,129,865) (1,243,454)
Cash at beginning of period 3,062,729 3,071,887
Cash at end of period 932,864 1,828,433
Supplemental disclosure of cash flow information:    
Cash paid for interest during period 27,703 39,571
Cash paid for income taxes during period $ 118,000 840,000
Supplemental disclosure of noncash investing information:    
Amounts due from joint venture partner released as part of acquisition of joint venture partner's interest in OdorStar $ 305,905