| QUARTERLY DATA (UNAUDITED) [Text Block] |
NOTE 13. QUARTERLY DATA (UNAUDITED)
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First
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Second
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Third
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Fourth
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Year
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2016
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Quarter
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Quarter
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Quarter
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Quarter
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2016
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| Revenue |
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$
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66,610
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$
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2,510
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$
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8,940,206
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$
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1,830,629
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$
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10,839,955
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| Cost of sales |
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62,015
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1,528
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7,957,023
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1,622,237
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9,642,803
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| Net income (loss) after taxes |
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(212,343
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)
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(225,991
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)
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278,719
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(448,569
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)
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(608,184
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)
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| Net earnings (loss) per common share – basic and diluted |
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(0.00
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)
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(0.00
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)
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(0.00
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)
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(0.00
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)
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(0.00
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)
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First
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Second
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Third
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Fourth
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Year
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2015
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Quarter
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Quarter
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Quarter
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Quarter
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2015
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| Revenue |
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$
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-
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$
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-
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$
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1,133,522
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$
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19,638,506
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$
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20,772,028
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| Cost of sales |
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-
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-
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938,674
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16,842,337
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17,781,011
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| Net income (loss) after taxes |
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(304,418
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)
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(362,275
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)
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(24,206
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)
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1,348,359
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657,460
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| Net earnings (loss) per common share – basic and diluted |
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(0.00
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)
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(0.00
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)
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(0.00
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)
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0.00
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0.00
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Gross profit is calculated as revenue minus cost of sales.
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