| Components of Reportable Operating Segments |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
| |
|
2012 |
|
|
2011 |
|
|
2012 |
|
|
2011 |
|
|
Revenues from external customers:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LED replacement lamps
|
|
$ |
169,724 |
|
|
$ |
3,216,208 |
|
|
$ |
459,870 |
|
|
$ |
3,595,261 |
|
|
LED signage and lighting strips
|
|
|
883,581 |
|
|
|
849,508 |
|
|
|
1,741,682 |
|
|
|
2,024,049 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total revenues from external customers
|
|
$ |
1,053,305 |
|
|
$ |
4,065,716 |
|
|
$ |
2,201,552 |
|
|
$ |
5,619,310 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
Segment (loss) income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LED replacement lamps
|
|
$ |
(4,848,361 |
) |
|
$ |
199,047 |
|
|
$ |
(5,470,393 |
) |
|
$ |
(103,539 |
) |
|
LED signage and lighting strips
|
|
|
(55,435 |
) |
|
|
(55,582 |
) |
|
|
(150,119 |
) |
|
|
30,622 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment (loss) income
|
|
|
(4,903,796 |
) |
|
|
143,465 |
|
|
|
(5,620,512 |
) |
|
|
(72,917 |
) |
|
Unallocated amounts:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate expenses
|
|
|
(741,004 |
) |
|
|
(981,491 |
) |
|
|
(1,748,646 |
) |
|
|
(2,072,450 |
) |
|
Interest income
|
|
|
34 |
|
|
|
164 |
|
|
|
90 |
|
|
|
404 |
|
|
Interest expense
|
|
|
(83,678 |
) |
|
|
(28,088 |
) |
|
|
(130,562 |
) |
|
|
(55,549 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss from continuing operations
|
|
$ |
(5,728,444 |
) |
|
$ |
(865,950 |
) |
|
$ |
(7,499,630 |
) |
|
$ |
(2,200,512 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
Depreciation and amortization:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LED replacement lamps
|
|
$ |
55,652 |
|
|
$ |
68,012 |
|
|
$ |
110,526 |
|
|
$ |
132,945 |
|
|
LED signage and lighting strips
|
|
|
58,478 |
|
|
|
63,042 |
|
|
|
120,942 |
|
|
|
125,687 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment depreciation and amortization
|
|
|
114,130 |
|
|
|
131,054 |
|
|
|
231,468 |
|
|
|
258,632 |
|
|
Corporate depreciation and amortization
|
|
|
27,571 |
|
|
|
56,140 |
|
|
|
106,936 |
|
|
|
112,089 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total depreciation and amortization
|
|
$ |
141,701 |
|
|
$ |
187,194 |
|
|
$ |
338,404 |
|
|
$ |
370,721 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|