Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v2.4.0.6
Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2012
Discontinued Operations [Abstract]  
Schedule of Disposal Groups, including Discontinued Operations

The following amounts have been segregated from continuing operations and included in discontinued operations in the consolidated statements of operations:

 

    Three Months
Ended
September 30,
2011
    Nine Months
Ended
September 30,
2011
 
             
Net sales   $ 1,785,540     $ 7,522,474  
Cost of goods sold     560,909       2,323,858  
Gross profit     1,224,631       5,198,616  
                 
Operating expenses:                
Research and development     293,990       572,209  
Selling, general and administrative     149,799       296,652  
Total operating expenses     443,789       868,861  
                 
Other expense, net     (363 )     (585 )
Income taxes     (1,001,161 )     (1,001,161 )
                 
(Loss) income from discontinued operations   $ (220,682 )   $ 3,328,009