XML 20 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]        
Sales $ 9,715,800 $ 10,577,500 $ 18,113,200 $ 20,217,800
Excise taxes 204,200 307,300 366,800 517,700
Net sales 9,511,600 10,270,200 17,746,400 19,700,100
Cost of goods sold 6,954,200 7,339,500 12,922,100 14,144,600
Gross profit 2,557,400 2,930,700 4,824,300 5,555,500
Operating expenses        
Marketing 1,410,300 1,361,300 2,651,300 2,842,400
General and administrative 1,104,700 986,900 2,371,900 2,068,100
Total operating expenses 2,515,000 2,348,200 5,023,200 4,910,500
Income (loss) from operations 42,400 582,500 (198,900) 645,000
Other income (expense):        
Other income 8,600 6,600 11,900 10,100
Profit on sale of asset    5,100    9,400
Interest expense (120,100) (108,800) (231,300) (225,100)
Total other expenses (111,500) (97,100) (219,400) (205,600)
Income (loss) before income taxes (69,100) 485,400 (418,300) 439,400
Provision for income taxes       5,000 800
Net income (loss) (69,100) 485,400 (423,300) 438,600
Foreign currency translation income (loss) (4,200) 61,000 148,400 (33,600)
Comprehensive income (loss) $ (73,300) $ 546,400 $ (274,900) $ 405,000
Net income (loss) per common share -        
Basic $ (0.01) $ 0.04 $ (0.03) $ 0.03
Diluted $ (0.01) $ 0.03 $ (0.03) $ 0.03
Weighted average common shares outstanding -        
Basic 12,611,133 12,611,133 12,611,133 12,611,133
Diluted 12,611,133 14,868,393 12,611,133 14,868,393