SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2015

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES.

Summary of option activity

	Shares		Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value
Outstanding - January 1, 2015	181,000		$	6.36
Granted	—		—
Cancelled	(5,250	)	7.64
Outstanding - March 31, 2015	175,750		$	6.32	2.72	$	46,278
Exercisable - March 31, 2015	166,836		$	6.49	2.44	$	30,856

Schedule of inventories

	March 31			December 31
	2015			2014
Raw Materials	$	13,621,218		$	12,745,623
Work in Process	3,485,111			3,653,670
Finished Goods	3,147,012			2,861,373
Reserve	(736,124		)	(732,248		)
Total	$	19,517,217		$	18,528,418