SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 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	—		—
Exercised	(3,333	)	3.20
Cancelled	(37,917	)	5.52
Outstanding - September 30, 2015	139,750		$	6.66	2.24	$	16,800
Exercisable - September 30, 2015	134,917		$	6.78	2.06	$	11,725

Schedule of inventories

	September 30			December 31
	2015			2014
Raw Materials	$	14,238,633		$	12,745,623
Work in Process	3,840,602			3,653,670
Finished Goods	2,999,565			2,861,373
Reserve	(816,594		)	(732,248		)
Total	$	20,262,206		$	18,528,418

Schedule of intangible assets

	September 30, 2015
	Remaining	Gross
	Lives	Carrying		Accumulated		Net Book
	(Years)	Amount		Amortization		Value
Customer Relationships	9.0	$	1,302,000	$	36,167	$	1,265,833
Trade Names	20.0	$	814,000	$	10,174	$	803,826
Bond Issue Costs	6.0	$	79,373	$	48,948	$	30,425
Totals		$	2,195,373	$	95,289	$	2,100,084

	December 31, 2014
	Remaining	Gross
	Lives	Carrying		Accumulated		Net Book
	(Years)	Amount		Amortization		Value
Bond Issue Costs	7.0	$	79,373	$	44,978	$	34,395
Totals		$	79,373	$	44,978	$	34,395

Schedule of estimated future amortization expense

Remainder of 2015	$	49,000
2016	160,000
2017	160,000
2018	160,000
2019	160,000
Thereafter	1,411,084
Total	$	2,100,084