Segment Information

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segment Information

15. Segment Information

The Company’s business presently consists of two segments – the North American Territory and the Foreign Territory.

The Company’s operations in the North American Territory consist primarily of brewing and marketing proprietary craft beers. For distribution in the North American Territory, the Company brews its brands in its own facilities, which are located in Ukiah, California and Saratoga Springs, New York. This segment accounted for approximately 41% and 43% of the Company’s gross sales during the years 2013 and 2012, respectively.

The Company’s operations in the Foreign Territory, which are conducted through its wholly-owned subsidiary UBIUK and UBIUK’s wholly-owned subsidiary KBEL, consist primarily of the marketing and distribution of Kingfisher Premium Lager in the Foreign Territory through Indian restaurants, chain retail grocers, liquor stores, and other retail outlets (such as convenience stores). This segment accounted for approximately 59% and 57% of the Company’s gross sales during 2013 and 2012 respectively.

A summary of each segment is as follows:

	Year Ended December 31, 2013
	North American Territory			Foreign Territory		Corporate and Other		Total
Sales	$	14,806,700		$	21,611,500			$	36,418,200
Operating income (loss)		(1,037,400	)		771,800				(265,600	)
Identifiable assets		12,736,500			4,414,500		2,116,000		19,267,000
Depreciation and amortization		677,800			427,600				1,105,400
Capital expenditures		342,000			477,000				819,000

	Year Ended December 31, 2012
	North American Territory		Foreign Territory		Corporate and Other		Total
Sales	$	17,319,600	$	23,016,300			$	40,335,900
Operating income		239,300		695,900				935,200
Identifiable assets		12,775,100		4,440,800		3,035,600		20,251,500
Depreciation and amortization		616,000		432,100				1,048,100
Capital expenditures		1,086,600		416,500				1,503,100