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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income $ 881,146 $ 1,083,595
Adjustments to reconcile net income to cash provided by operating activities    
Stock based compensation expense 51,224 48,054
Depreciation and amortization 732,677 532,718
Deferred federal income tax 0 (10,000)
Changes in operating assets and liabilities    
Accounts receivable 297,587 (222,270)
Inventory 986,095 (37,871)
Prepaid expenses (728,644) (26,731)
Accounts payable 1,192,312 1,771,924
Net cash provided by operating activities 3,412,397 3,139,419
Cash flows from investing activities    
Acquisition, net 0 (34,122)
Refund of asset acquisition 0 675,558
Purchase of fixed assets (780,616) (548,229)
Net cash provided by (used in) investing activities (780,616) 93,207
Cash flows from financing activities    
Line of credit payments, net 0 (2,250,000)
Payments related to primary stock offering (3,500) 0
Proceeds from note payable 351,921 0
Payments on note payable (666,386) (473,735)
Proceeds from exercise of common stock warrants 24,000 0
Net cash used in financing activities (293,965) (2,723,735)
Net increase in cash and cash equivalents 2,337,816 508,891
Cash and cash equivalents at beginning of the period 2,678,628 807,940
Cash and cash equivalents at end of period 5,016,444 1,316,831
SUPPLEMENTAL INFORMATION    
Cash paid for interest 75,811 76,706
Cash paid for income taxes 0 0
NON-CASH TRANSACTIONS    
Conversion of Series A Preferred Stock into common stock 40 84
E-Source Holdings, LLC
   
NON-CASH TRANSACTIONS    
Note payable for acquisition of E-Source interest 854,050 0
Additional paid in capital for acquisition of E-Source interest $ 231,260 $ 0