10-Q Filing

NORTHERN TECHNOLOGIES INTERNATIONAL CORP CIK: 875582 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001171843-12-001217`
Period End Date	20120229
Filing Date	20120412
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	ntic-20120229.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 104 Cash Flow Statement 64

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Trade, allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$20.00K	USD	Point-in-time
Trade, allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$20.00K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.86M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.27M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Trade excluding joint ventures, less allowance for doubtful accounts of $20,000 at February 29, 2012 and August 31, 2011	`TradeReceivablesExcludingJointVenturesNetCurrent`	$2.75M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Trade excluding joint ventures, less allowance for doubtful accounts of $20,000 at February 29, 2012 and August 31, 2011	`TradeReceivablesExcludingJointVenturesNetCurrent`	$2.52M	USD	Point-in-time
Trade joint ventures	`TradeReceivablesJointVenturesCurrent`	$1.47M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Trade joint ventures	`TradeReceivablesJointVenturesCurrent`	$1.15M	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$2.13M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$1.97M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.40M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.35M	shares	Point-in-time
Inventories	`InventoryNet`	$3.84M	USD	Point-in-time
Inventories	`InventoryNet`	$3.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.35M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$364.81K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.40M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$786.13K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$221.60K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$221.60K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$13.49M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$3.64M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$3.54M	USD	Point-in-time
Investments in joint ventures	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$20.56M	USD	Point-in-time
Investments in joint ventures	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$18.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.41M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.41M	USD	Point-in-time
Patents and trademarks, net	`FiniteLivedIntangibleAssetsNet`	$903.04K	USD	Point-in-time
Patents and trademarks, net	`FiniteLivedIntangibleAssetsNet`	$910.72K	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$43.85K	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$39.65K	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$21.27M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$22.91M	USD	Point-in-time
Total assets	`Assets`	$40.04M	USD	Point-in-time
Total assets	`Assets`	$39.27M	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$76.12K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$76.12K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.03M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$195.76K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$130.75K	USD	Point-in-time
Payroll and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$846.96K	USD	Point-in-time
Payroll and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.63M	USD	Point-in-time
Deferred joint venture royalties	`DeferredRevenueCurrent`	$288.00K	USD	Point-in-time
Deferred joint venture royalties	`DeferredRevenueCurrent`	$288.00K	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$182.92K	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$141.36K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.59M	USD	Point-in-time
NOTE PAYABLE, NET OF CURRENT PORTION (Note 6)	`LongTermNotesPayable`	$1.01M	USD	Point-in-time
NOTE PAYABLE, NET OF CURRENT PORTION (Note 6)	`LongTermNotesPayable`	$971.47K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value; authorized 10,000 shares; none issued and Outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value; authorized 10,000 shares; none issued and Outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.02 par value per share; authorized 10,000,000 shares; issued and outstanding 4,399,290 and 4,353,058, respectively	`CommonStockValue`	$87.99K	USD	Point-in-time
Common stock, $0.02 par value per share; authorized 10,000,000 shares; issued and outstanding 4,399,290 and 4,353,058, respectively	`CommonStockValue`	$87.06K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.94M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$21.81M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.25M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.50M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$35.65M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$34.53M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$91.80K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$58.95K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$34.63M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$35.71M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$40.04M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$39.27M	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$8.40M	USD	2 Qtrs
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$7.54M	USD	2 Qtrs
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$4.09M	USD	1 Quarter
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$4.13M	USD	1 Quarter
Net sales, to joint ventures	`NetSalesToJointVentures`	$848.71K	USD	1 Quarter
Net sales, to joint ventures	`NetSalesToJointVentures`	$1.40M	USD	2 Qtrs
Net sales, to joint ventures	`NetSalesToJointVentures`	$685.01K	USD	1 Quarter
Net sales, to joint ventures	`NetSalesToJointVentures`	$1.34M	USD	2 Qtrs
Total net sales	`SalesRevenueNet`	$8.88M	USD	2 Qtrs
Total net sales	`SalesRevenueNet`	$9.81M	USD	2 Qtrs
Total net sales	`SalesRevenueNet`	$4.97M	USD	1 Quarter
Total net sales	`SalesRevenueNet`	$4.78M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$3.01M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$3.48M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$6.69M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$5.70M	USD	2 Qtrs
Gross profit	`GrossProfit`	$3.12M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.49M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.18M	USD	2 Qtrs
Equity in income of joint ventures	`IncomeLossFromEquityMethodInvestments`	$2.82M	USD	2 Qtrs
Equity in income of joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.22M	USD	1 Quarter
Equity in income of joint ventures	`IncomeLossFromEquityMethodInvestments`	$2.58M	USD	2 Qtrs
Equity in income of joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.13M	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$2.85M	USD	2 Qtrs
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$1.40M	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$2.74M	USD	2 Qtrs
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$1.30M	USD	1 Quarter
Total joint venture operations	`OtherOperatingIncome`	$2.53M	USD	1 Quarter
Total joint venture operations	`OtherOperatingIncome`	$5.33M	USD	2 Qtrs
Total joint venture operations	`OtherOperatingIncome`	$5.68M	USD	2 Qtrs
Total joint venture operations	`OtherOperatingIncome`	$2.52M	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.92M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$1.01M	USD	1 Quarter
Selling expenses	`SellingExpense`	$921.55K	USD	1 Quarter
Selling expenses	`SellingExpense`	$2.12M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.07M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.37M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.17M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.10M	USD	1 Quarter
Expenses incurred in support of joint ventures	`OtherCostOfOperatingRevenue`	$478.00K	USD	2 Qtrs
Expenses incurred in support of joint ventures	`OtherCostOfOperatingRevenue`	$235.56K	USD	1 Quarter
Expenses incurred in support of joint ventures	`OtherCostOfOperatingRevenue`	$249.28K	USD	1 Quarter
Expenses incurred in support of joint ventures	`OtherCostOfOperatingRevenue`	$435.82K	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$974.78K	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.10M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.79M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$907.17K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.72M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$6.67M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.33M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$691.82K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$2.19M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$1.72M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$1.16M	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeInterest`	$12.63K	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeInterest`	$4.61K	USD	2 Qtrs
INTEREST INCOME	`InvestmentIncomeInterest`	$20.69K	USD	2 Qtrs
INTEREST INCOME	`InvestmentIncomeInterest`	$676.00	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$13.25K	USD	2 Qtrs
INTEREST EXPENSE	`InterestExpense`	$22.24K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$7.28K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$45.48K	USD	2 Qtrs
OTHER INCOME	`OtherIncome`	$6.83K	USD	1 Quarter
OTHER INCOME	`OtherIncome`	$13.65K	USD	2 Qtrs
OTHER INCOME	`OtherIncome`	$13.65K	USD	2 Qtrs
OTHER INCOME	`OtherIncome`	$6.72K	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$703.99K	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.14M	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.16M	USD	2 Qtrs
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.75M	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$140.00K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$262.00K	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$100.00K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$206.00K	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.54M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.00M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$603.99K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$1.90M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NON CONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$52.18K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NON CONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$47.27K	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NON CONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.20K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NON CONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$-25.54K	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$1.56M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$606.19K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$1.85M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$949.04K	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.36	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.43	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.35	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	4.28M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	4.34M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	4.37M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	4.40M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.35M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.42M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.44M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.47M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.54M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.00M	USD	1 Quarter
Net income	`ProfitLoss`	$603.99K	USD	1 Quarter
Net income	`ProfitLoss`	$1.90M	USD	2 Qtrs
Expensing of fair value of stock options vested	`StockOptionPlanExpense`	$109.88K	USD	2 Qtrs
Expensing of fair value of stock options vested	`StockOptionPlanExpense`	$145.05K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$163.17K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$168.81K	USD	2 Qtrs
Amortization expense	`AdjustmentForAmortization`	$77.49K	USD	2 Qtrs
Amortization expense	`AdjustmentForAmortization`	$78.72K	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$2.82M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.22M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$2.58M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.13M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$52.42K	USD	2 Qtrs
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$290.51K	USD	2 Qtrs
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$901.63K	USD	2 Qtrs
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$316.17K	USD	2 Qtrs
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$95.68K	USD	2 Qtrs
Fees for services receivables, joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$-164.79K	USD	2 Qtrs
Fees for services receivables, joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$380.29K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$822.00	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$508.32K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$111.04K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$275.00K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$425.71K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-902.75K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-120.14K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-51.92K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$149.86K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-198.64K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$338.51K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.42M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.79M	USD	2 Qtrs
Investment in joint ventures	`PaymentsToAcquireInterestInJointVenture`	$38.22K	USD	2 Qtrs
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$3.04M	USD	2 Qtrs
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$2.20M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$80.70K	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$122.24K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$100.00K	USD	2 Qtrs
Additions to patents	`PaymentsToAcquireIntangibleAssets`	$43.02K	USD	2 Qtrs
Additions to patents	`PaymentsToAcquireIntangibleAssets`	$85.18K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.87M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.09M	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$21.21K	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$38.06K	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$17.75K	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$22.41K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$15.04K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$406.47K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-605.00	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$403.01K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH:	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-10.42K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH:	`EffectOfExchangeRateOnCashAndCashEquivalents`	$9.41K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$69.44K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$88.05K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.34M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.86M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.27M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.34M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.86M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.27M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.