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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Sales$ 10,700,100$ 9,894,300$ 30,824,600$ 27,089,500
Excise taxes268,500324,500726,200724,400
Net sales10,431,6009,569,80030,098,40026,365,100
Cost of goods sold7,496,4006,955,70021,673,20019,466,700
Gross profit2,935,2002,614,1008,425,2006,898,400
Operating expenses    
Marketing1,416,2001,478,5004,336,7003,926,300
General and administrative1,022,0001,319,0003,173,1003,343,500
Total operating expenses2,438,2002,797,5007,509,8007,269,800
Income from operations497,000(183,400)915,400(371,400)
Other income (expense)    
Other income9,0008,20016,80019,700
Gain (loss) on sale of equipment0(3,600)04,600
Interest expense(115,500)(139,500)(358,500)(411,600)
Total other expenses(106,500)(134,900)(341,700)(387,300)
Income (loss) before income taxes390,500(318,300)573,700(758,700)
Provision for income taxes03,5007,1006,100
Net income (loss)390,500(321,800)566,600(764,800)
Other comprehensive income (loss), Foreign currency translation adjustment80,900(100,300)(32,000)28,300
Comprehensive income (loss)$ 471,400$ (422,100)$ 534,600$ (736,500)
Net income (loss) per common share -    
Basic (in dollars per share)$ 0.03$ (0.03)$ 0.05$ (0.06)
Diluted (in dollars per share)$ 0.03$ (0.03)$ 0.04$ (0.06)
Weighted average common shares outstanding -    
Basic (in shares)12,461,99312,427,26212,438,83912,427,262
Diluted (in shares)14,673,32512,427,26214,650,17112,427,262