Annual report pursuant to section 13 and 15(d)

14. Quarterly Information

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14. Quarterly Information
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
14. Quarterly Information

    First     Second     Third     Fourth  
    Quarter     Quarter     Quarter     Quarter  
Year Ended December 31, 2013:                        
Net sales   $     $     $     $  
Gross profit   $     $     $     $  
Net income (loss)   $ 1,582,800     $ (1,920,950 )   $ (1,445,125 )   $ (8,873,734 )
Basic income per share (1)   $ 0.01     $ (0.00 )   $ (0.01 )   $ (0.07 )
Diluted income per share (1)   $ 0.01     $ (0.00 )   $ (0.01 )   $ (0.07 )
                                 
      First       Second       Third       Fourth  
      Quarter       Quarter       Quarter       Quarter  
Year Ended December 31, 2012:                                
Net sales   $     $     $     $  
Gross profit   $     $     $     $  
Net loss   $ (5,470,350 )   $ (1,397,598 )   $ (4,670,704 )   $ (1,553,735 )
Basic income per share (1)   $ (0.05 )   $ (0.06 )   $ (0.09 )   $ (0.10 )
Diluted income per share (1)   $ (0.05 )   $ (0.06 )   $ (0.09 )   $ (0.10 )

 

(1) Per share data was computed independently for each of the quarters presented. Therefore, the sum of the quarterly per share information may not equal the annual income per share.