| Components of Segment Reporting |
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2012 |
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2011 |
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2012 |
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2011 |
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Revenues from external customers:
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LED replacement lamps
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$ |
117,519 |
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$ |
1,155,697 |
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$ |
577,389 |
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$ |
4,750,958 |
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LED signage and lighting strips
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1,132,996 |
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957,306 |
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2,874,678 |
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2,981,355 |
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Total revenues from external customers
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$ |
1,250,515 |
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$ |
2,113,003 |
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$ |
3,452,067 |
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$ |
7,732,313 |
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Segment (loss) income:
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LED replacement lamps
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$ |
(161,487 |
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$ |
(7,460 |
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$ |
(5,631,881 |
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$ |
(110,999 |
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LED signage and lighting strips
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46,424 |
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19,274 |
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(103,694 |
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49,896 |
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Segment (loss) income
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(115,063 |
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11,814 |
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(5,735,575 |
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(61,103 |
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Unallocated amounts:
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Corporate expenses
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(594,841 |
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(1,002,793 |
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(2,343,487 |
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(3,075,243 |
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Interest income
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17 |
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85 |
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107 |
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489 |
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Interest expense
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(79,452 |
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(41,576 |
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(210,014 |
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(97,125 |
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Gain on debt restructuring
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1,048,308 |
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— |
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1,048,308 |
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— |
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Income (loss) from continuing operations
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$ |
258,969 |
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$ |
(1,032,470 |
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$ |
(7,240,661 |
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$ |
(3,232,982 |
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Depreciation and amortization:
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LED replacement lamps
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$ |
385 |
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$ |
72,688 |
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$ |
110,911 |
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$ |
205,633 |
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LED signage and lighting strips
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57,592 |
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63,884 |
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178,533 |
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189,571 |
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Segment depreciation and amortization
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57,977 |
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136,572 |
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289,444 |
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395,204 |
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Corporate depreciation and amortization
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7,245 |
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56,301 |
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114,182 |
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168,390 |
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Total depreciation and amortization
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$ |
65,222 |
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$ |
192,873 |
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$ |
403,626 |
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$ |
563,594 |
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