Horizon Kinetics Holding (HKHC) 10-Q 13 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 13, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	SCOTTS LIQUID GOLD INC
Entity Central Index Key	88,000
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Trading Symbol	SLGD
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		11,667,345

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Net sales	$ 7,548,100	$ 6,211,100	$ 21,755,700	$ 17,428,900
Operating costs and expenses:
Cost of sales	4,284,600	3,495,300	12,042,600	9,761,900
Advertising	528,600	61,100	1,087,900	460,300
Selling	1,336,600	1,198,100	4,043,600	3,513,300
General and administrative	733,200	770,200	2,433,900	2,182,600
Total operating costs and expenses	6,883,000	5,524,700	19,608,000	15,918,100
Income from operations	665,100	686,400	2,147,700	1,510,800
Other income	6,800	31,200	16,100	43,400
Interest expense	(7,400)	(7,300)	(22,000)	(21,800)
Income before income taxes	664,500	710,300	2,141,800	1,532,400
Income tax (expense) benefit	(191,500)	(4,600)	2,377,500	(20,400)
Net income	$ 473,000	$ 705,700	$ 4,519,300	$ 1,512,000
Net income per common share
Basic	$ 0.04	$ 0.06	$ 0.39	$ 0.13
Diluted	$ 0.04	$ 0.06	$ 0.38	$ 0.13
Weighted average shares outstanding:
Basic	11,665,461	11,537,066	11,617,562	11,495,122
Diluted	11,927,877	11,840,758	11,907,486	11,785,515

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 7,122,300	$ 5,896,600
Trade receivables, net	1,635,600	1,041,100
Inventories, net	4,612,300	2,689,700
Income taxes receivable	1,500	3,700
Deferred tax asset	169,400	0
Prepaid expenses	190,100	346,000
Total current assets	13,731,200	9,977,100
Property and equipment, net	425,100	400,800
Deferred tax asset	2,249,900	0
Other assets	51,000	51,000
Total assets	16,457,200	10,428,900
Current liabilities:
Accounts payable	1,941,400	616,300
Accrued payroll and benefits	721,400	665,900
Accrued property taxes	33,300	34,200
Total current liabilities	2,696,100	1,316,400
Total liabilities	2,696,100	1,316,400
Shareholders’ equity:
Common stock; $0.10 par value, authorized 50,000,000 shares; issued and outstanding 11,668,845 shares (2015) and 11,549,789 shares (2014)	1,166,900	1,155,000
Capital in excess of par	5,831,200	5,713,800
Retained earnings	6,763,000	2,243,700
Total shareholders’ equity	13,761,100	9,112,500
Total liabilities and shareholders’ equity	$ 16,457,200	$ 10,428,900

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Statement Of Financial Position [Abstract]
Common stock par value	$ 0.10	$ 0.10
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	11,668,845	11,549,789
Common stock, shares outstanding	11,668,845	11,549,789

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net income	$ 4,519,300	$ 1,512,000
Adjustment to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	118,800	132,900
Stock-based compensation	96,900	58,200
Deferred income taxes	(2,419,300)	0
Change in operating assets and liabilities:
Trade receivables	(594,500)	(570,400)
Inventories	(1,922,600)	25,100
Prepaid expenses and other assets	155,900	46,500
Income taxes payable (receivable)	2,200	(14,200)
Accounts payable and accrued expenses	1,379,700	63,100
Total adjustments to net income	(3,182,900)	(258,800)
Net Cash Provided by Operating Activities	1,336,400	1,253,200
Cash flow from investing activities:
Purchase of property and equipment	(143,100)	(57,000)
Net Cash Used by Investing Activities	(143,100)	(57,000)
Cash flow from financing activities:
Proceeds from exercise of stock options	32,400	40,800
Net Cash Provided by Financing Activities	32,400	40,800
Net Increase in Cash and Cash Equivalents	1,225,700	1,237,000
Cash and Cash Equivalents, beginning of period	5,896,600	3,126,200
Cash and Cash Equivalents, end of period	7,122,300	4,363,200
Supplemental disclosures:
Cash paid during the period for interest	$ 22,000	$ 21,800

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Organization and Summary of Significant Accounting Policies	Note 1 . Organization and Summary of Significant Accounting Policies. (a) Company Background Scott’s Liquid Gold-Inc. (a Colorado corporation) was incorporated on February 15, 1954. Scott’s Liquid Gold-Inc. and its wholly-owned subsidiaries (collectively, the “Company,” “we,” “our,” or “us”) develop, manufacture, market and sell quality household and skin and hair care products. We are also a distributor in the United States of Montagne Jeunesse skin sachets and Batiste Dry Shampoo manufactured by two other companies. Our business is comprised of two segments, household products and skin and hair care products. (b) Principles of Consolidation Our consolidated financial statements include our accounts and those of our wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated. (c) Basis of Presentation The Consolidated Statements of Operations, Consolidated Balance Sheets, and the Consolidated Statements of Cash Flows included in this Report have been prepared by the Company. In our opinion, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position at September 30, 2015 and results of operations and cash flows for all periods have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. These consolidated financial statements should be read in conjunction with our financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations for the period ended September 30, 2015 are not necessarily indicative of the operating results for the full year. (d) Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect the reported amounts in our financial statements of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include, but are not limited to, the realization of deferred tax assets, reserves for slow moving and obsolete inventory, customer returns and allowances, and stock-based compensation. Actual results could differ from our estimates. (e) Cash Equivalents We consider all highly liquid investments with an original maturity of three months or less at the date of acquisition to be cash equivalents. (f) Sale of Accounts Receivable On November 3, 2008, effective as of October 31, 2008, we entered into a financing agreement with Summit Financial Resources, L.P. (“Summit”) for the purpose of providing working capital. The financing agreement with Summit was amended on March 12, 2009, March 16, 2011 (effective March 1, 2011) and June 29, 2012 (effective July 1, 2012). The agreement has a term that expires on January 1, 2016, but it may be renewed for additional 12 month periods unless either party elects to cancel in writing at least 60 days prior to January 1, 2016 and thereafter on the anniversary date of each 12 month period. The agreement provides for a factoring line up to $1.5 million and is secured primarily by accounts receivables, inventory, any lease in which we are a lessor and all investment property and guarantees by our active subsidiaries. Under the agreement, Summit will make loans at our request and in its discretion based on: (i) its purchases of our receivables, with recourse against us, at an advance rate of 85% (or such other percentage determined by Summit in its discretion) and (ii) our inventory not to exceed certain amounts, including an aggregate maximum of $500,000. Advances under the agreement have an interest rate of 1.0% over the prime rate (as published in The Wall Street Journal) for the accounts receivables portion of the advances and 2.5% over the prime rate for the inventory portion of the borrowings. At September 30, 2015, the prime rate was 3.25%. There is also an administrative fee of 0.85% per month on the average monthly outstanding loan on the receivable portion of any advance if the average quarterly loan in the prior quarter was less than or equal to $1,000,000, and 0.75% per month if the average quarterly loan in the prior quarter was greater than $1,000,000 and of 1.0% per month on the average monthly outstanding loan on the inventory portion of any advance. The agreement provides that neither we nor our active subsidiaries may engage in a change in control transaction without the prior written consent of Summit. Events of default include, but are not limited to, our failure to make a payment when due or a default occurring on any of our other indebtedness. In 2015 and 2014, we did not sell any of our accounts receivables to Summit. At September 30, 2015 and December 31, 2014 the entire credit line of $1.5 million was available for future factoring of accounts receivable invoices and borrowings secured by our inventory. We report these transactions using the authoritative guidance of the Financial Accounting Standards Board (“FASB”) as a secured borrowing rather than as a sale. As a result, affected accounts receivable are reported under the “Current Assets” section within our Consolidated Balance Sheets as “Trade receivables, net.” Similarly, the net liability owing to Summit, if any, appears as “Obligations collateralized by receivables and inventory” within the “Current Liabilities” section of our Consolidated Balance Sheets. Net proceeds received on obligations collateralized by receivables and inventory appear as “net cash provided (used) by operating activities” within the “Adjustment to reconcile net income to net cash used by operating activities” section of our Consolidated Statements of Cash Flows. On March 16, 2011, with the consent of Summit, we entered into a financing agreement with Wells Fargo Bank, National Association (“Wells Fargo”) for the purpose of further lowering the cost of borrowing associated with the financing of our accounts receivable. Pursuant to this agreement, we may sell accounts receivables from one of our largest customers, Wal-Mart Stores, Inc. (“Wal-Mart”), at a discount to Wells Fargo; provided, however, that Wells Fargo may reject offers to purchase such receivables in its discretion. These receivables may be purchased by Wells Fargo at a cost to us equal to LIBOR plus 1.15% per annum. The LIBOR rate used depends on the days to maturity of the receivable sold, typically ranging from 102 to 105 days. At September 30, 2015, Wells Fargo used the 105-day LIBOR rate of 0.39%. The agreement has no fixed termination date, but continues unless terminated by either party giving 30 days prior written notice to the other party. During the nine months ended September 30, 2015 and 2014, we sold approximately $3,219,600 and $3,376,600, respectively, of our relevant accounts receivable to Wells Fargo for approximately $3,205,900 and $3,362,800, respectively. The difference between the invoiced amount of the receivable and the cash that we received from Wells Fargo is a cost to us. This cost is in lieu of any cash discount our customer would have been allowed and, thus, is treated in a manner consistent with standard trade discounts granted to our customers. The reporting of the sale of accounts receivables to Wells Fargo is treated as a sale rather than as a secured borrowing. As a result, affected accounts receivables are relieved from the Company’s financial statements upon receipt of the cash proceeds. (g) Inventories Inventories consist of raw materials and finished goods and are stated at the lower of cost (first-in, first-out method) or market. We record a reserve for slow moving and obsolete products and raw materials. We estimate this reserve based upon historical and anticipated sales. Inventories were comprised of the following at: September 30, 2015 December 31, 2014 Finished goods $ 2,209,600 $ 1,626,300 Raw materials 2,457,100 1,117,800 Inventory reserve for obsolescence (54,400 ) (54,400 ) $ 4,612,300 $ 2,689,700 (h) Property and Equipment Property and equipment are recorded at historical cost. Depreciation is provided using the straight-line method over the estimated useful lives of the assets ranging from three to 20 years. Production equipment and production support equipment are estimated to have useful lives of 15 to 20 years and three to 10 years, respectively. Office furniture and office machines are estimated to have useful lives of 10 to 20 years and three to five years, respectively. Carpets, drapes and company vehicles are estimated to have useful lives of five to 10 years. Maintenance and repairs are expensed as incurred. Improvements that extend the useful lives of the asset or provide improved efficiency are capitalized. (i) Financial Instruments Financial instruments which potentially subject us to concentrations of credit risk include cash and cash equivalents and trade receivables. We maintain our cash balances in the form of bank demand deposits with financial institutions that we believe are creditworthy. As of September 30, 2015, and periodically throughout the year, we have maintained balances in various operating accounts in excess of federally insured limits. We establish an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information. We have no significant financial instruments with off-balance sheet risk of accounting loss, such as foreign exchange contracts, option contracts or other foreign currency hedging arrangements. The recorded amounts for cash and cash equivalents, receivables, other current assets, accounts payable and accrued expenses approximate fair value due to the short-term nature of these financial instruments. As of September 30, 2015 and December 31, 2014 we had no long-term debt. ( j ) Income Taxes We follow FASB authoritative guidance for the accounting for income taxes which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective income tax bases. A valuation allowance is provided when it is more-likely-than-not that some portion or all of a deferred tax asset will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the period in which related temporary differences become deductible. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Taxes are reported based on tax positions that meet a more-likely-than-not standard and that are measured at the amount that is more-likely-than-not to be realized. Differences between financial and tax reporting which do not meet this threshold are required to be recorded as unrecognized tax benefits or expense. We classify penalty and interest expense related to income tax liabilities as an income tax expense. There are no significant interest and penalties recognized in the statement of operations or accrued on the balance sheet. The effective tax rate for the nine months ended September 30, 2015, was (111.0%), which differs from the statutory income tax rate due to permanent book to tax differences and the net decrease in valuation allowance. As of December 31, 2014, the Company had a deferred tax asset of $0, net of a valuation allowance of $3,379,100. As of that date and until the second quarter of 2015, a full valuation allowance had been provided against deferred tax assets, as it was more-likely-than-not that the Company’s net deferred tax asset would not be realized in the foreseeable future due to the Company’s cumulative book loss. Consequently, the Company was unable to recognize any income tax benefit in such prior periods. However, the Company has, as of June 30, 2015, reported positive income for nine consecutive quarters and the 36 month cumulative income before income taxes was approximately $3.4 million. Accordingly, the Company as of June 30, 2015 released a portion of the valuation allowance related to the deferred tax asset of approximately $3.1 million as well as an additional $70,200 in the third quarter ended September 30, 2015. The analysis of the partial valuation allowance release was in accordance with accounting standards for interim period reporting. The remaining $169,200 in valuation allowance is expected to be released during the fourth quarter of 2015. ( k ) Revenue Recognition Our revenue recognition policy is significant because the amount and timing of revenue is a key component of our results of operations. We follow guidance issued by FASB, which requires that certain criteria be met in order to recognize revenue. If these criteria are not met, then the associated revenue is deferred until it is met. In our case, the criteria generally are met when we have an arrangement to sell a product, we have delivered the product in accordance with that arrangement, the sales price of the product is determinable and we believe that we will be paid for the sale. We establish reserves for customer returns of our products and customer allowances. We estimate these reserves based upon, among other things, an assessment of historical trends, information from customers and anticipated returns related to current sales activity. These reserves are established in the period of sale and reduce our revenue in that period. Our reserve for customer allowances includes primarily reserves for trade promotions to support price features, displays, slotting fees and other merchandising of our products to our customers. The actual level of returns and customer allowances is influenced by several factors, including the promotional efforts of our customers, changes in mix of our customers, changes in the mix of the products we sell and the maturity of the product. We may change our estimates based on actual results and consideration of other factors that cause returns and allowances. In the event that actual results differ from our estimates, the results of future periods may be impacted. We also establish reserves for coupons, rebates and certain other promotional programs for consumers. We estimate these reserves based upon, among other things, an assessment of historical trends and current sales activity. These reserves are recorded as a reduction of revenue at the later of the date at which the revenue is recognized or the date at which the sale incentive is offered. We have also established an allowance for doubtful accounts. We estimate this allowance based upon, among other things, an assessment of the credit risk of specific customers and historical trends. We believe our allowance for doubtful accounts is adequate to absorb any losses which may arise. In the event that actual losses differ from our estimates, the results of future periods may be impacted. At September 30, 2015 and December 31, 2014 approximately $841,900 and $795,300, respectively, had been reserved as a reduction of accounts receivable. Trade promotions to our customers and incentives such as coupons to our consumers are deducted from gross sales and totaled $1,661,100 and $1,706,600 for the nine months ended September 30, 2015 and 2014, respectively. ( l ) Advertising Costs Advertising costs are expensed as incurred. ( m ) Stock-based Compensation During the nine months ended September 30, 2015, we granted options to acquire: (1) 326,500 shares of our commons stock to 40 of our management and administrative personnel at a price of $1.25 per share, which vest ratably over 48 months, or upon a change in control under certain circumstances, and which expire after 10 years; (2) 200,000 shares of our common stock to one of our executive officers at a price of $1.25 per share, which vest ratably over 60 months, or upon a change in control under certain circumstances, and which expire after 10 years; and (3) 90,000 shares of our common stock to our three non-employee board members at a price of $1.25 per share, half of which vested on the date of grant and the other half of which will vest on the first anniversary of the date of grant, or upon a change in control under certain circumstances, and which expire after five years. All of the foregoing options were granted at the market value as of the date of grant. We also granted options to acquire 100,000 shares of our common stock to one of our executive officers at a price of $1.375 per share, which vest ratably over 48 months, or upon a change in control under certain circumstances, and which expire after five years. Such options were granted at 110% of the market value as of the date of grant. During the nine months ended September 30, 2014, we granted options to acquire: (1) 250,000 shares of our common stock to one of our executive officers at a price of $0.864 per share, which vest ratably over 60 months, or upon a change in control, and which expire after 10 years; (2) 35,000 shares of our common stock to our vice president of marketing at a price of $0.78 per share, which vest ratably over 48 months, or upon a change in control, and which expire after five years; (3) 2,500 shares of our common stock to an administrative employee at a price of $0.78 per share, which vest ratably over 48 months, or upon a change in control, and which expire after five years; and (4) 60,000 shares of our common stock to two of our board members at a price of $0.792 per share, which vest ratably over 48 months, or upon a change in control, and which expire after five years. Such options were granted at 120% of the market value as of the date of grant. We also granted options to acquire 30,000 shares of our common stock to one of our board members at a price of $0.792 per share, which vested upon the date of grant, and expire after five years. Such options were also granted at 120% of the market value as of the date of grant. The weighted average fair market value of the options granted in the first nine months of 2015 and 2014 was estimated on the date of grant, using a Black-Scholes option pricing model with the following assumptions: September 30, 2015 September 30, 2014 Expected life of options (using the “simplified” method) 5.3 years 4.5 - 5.5 years Average risk-free interest rate 1.4% 1.6% -1.7% Average expected volatility of stock 133% 121% - 128% Expected dividend rate None None Fair value of options granted $755,105 $210,523 Compensation cost related to stock options recognized in operating results (included in general and administrative expenses) under authoritative guidance issued by the FASB was $96,900 and $58,200 in the nine months ended September 30, 2015 and 2014, respectively. Approximately $900,700 of total unrecognized compensation costs related to non-vested stock options is expected to be recognized over the next 12 – 60 months, depending on the vesting provisions of the options. In accordance with this same authoritative guidance, there was no tax benefit from recording the non-cash expense as it relates to the options granted to employees, as these were qualified stock options which are not normally tax deductible. With respect to the non-cash expense associated with options granted to the non-employee directors, no tax benefit is recognized due to the existence of as yet unutilized net operating losses. At such time as these operating losses have been utilized and a tax benefit is realized from the issuance of non-qualified stock options, a corresponding tax benefit may be recognized. ( n ) Operating Costs and Expenses Classification Cost of sales includes costs associated with manufacturing and distribution including labor, materials, freight-in, purchasing and receiving, quality control, internal transfer costs, repairs, maintenance and other indirect costs, as well as warehousing and distribution costs. We classify shipping and handling costs comprised primarily of freight-out as selling expenses. Other selling expenses consist primarily of wages and benefits for sales and sales support personnel, travel, brokerage commissions and promotional costs, as well as certain other indirect costs. Shipping and handling costs totaled $1,081,400 and $1,090,400 for the nine months ended September 30, 2015 and 2014, respectively. General and administrative expenses consist primarily of wages and benefits associated with management and administrative support departments, business insurance costs, professional fees, office facility related expenses, and other general support costs. (o) Recently Issued Accounting Standards In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” In July 2015, the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory,” which is intended to simplify the subsequent measurement of inventories by replacing the current lower of cost or market test with a lower of cost and net realizable value test. The guidance applies only to inventories for which cost is determined by methods other than last-in first-out and the retail inventory method. Application of the standard, which should be applied prospectively, is required for the annual and interim periods beginning after December 15, 2016. Early adoption is permitted. The Company is currently evaluating the impact the new standard will have on its condensed consolidated financial statements.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Note 2 . Earnings per Share. We present basic and diluted earnings or loss per share in accordance with authoritative guidance which establishes standards for computing and presenting basic and diluted earnings per share. Per share data is determined by using the weighted average number of common shares outstanding. Common equivalent shares are considered only for diluted earnings per share, unless considered anti-dilutive. Common equivalent shares, determined using the treasury stock method, result from stock options with exercise prices that are below the average market price of the common stock. Basic earnings per share include no dilution and are computed by dividing income available to common shareholders by the weighted-average number of shares outstanding during the period. Diluted earnings per share reflect the potential of securities that could share in our earnings. There were common stock equivalents of 1,114,000 and 397,500 shares outstanding at September 30, 2015 and 2014, respectively, consisting of stock options that were not included in the calculation of earnings per share because they would have been anti-dilutive. A reconciliation of the weighted average number of common shares outstanding for the three and nine months ended September 30, 2015 and 2014 is as follows: 2015 Three Months Nine Months Common shares outstanding, beginning of the period 11,665,220 11,549,789 Weighted average common shares issued 241 67,773 Weighted average number of common shares outstanding 11,665,461 11,617,562 Dilutive effect of common share equivalents 262,416 289,924 Diluted weighted average number of common shares outstanding 11,927,877 11,907,486 2014 Three Months Nine Months Common shares outstanding, beginning of the period 11,532,258 11,446,800 Weighted average common shares issued 4,808 48,322 Weighted average number of common shares outstanding 11,537,066 11,495,122 Dilutive effect of common share equivalents 303,692 290,393 Diluted weighted average number of common shares outstanding 11,840,758 11,785,515 We have authorized 20,000,000 shares of preferred stock issuable in one or more series, none of which is issued or outstanding as of September 30, 2015.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment Information	Note 3. Segment Information. We operate in two different segments: household products and skin and hair care products. Our products are sold nationally and internationally (primarily Canada), directly through our sales force and indirectly through independent brokers and manufacturer’s representatives, to mass merchandisers, drugstores, supermarkets, hardware stores and other retail outlets and to wholesale distributors. We have chosen to organize our business around these segments based on differences in the products sold. Accounting policies for our segments are the same as those described in Note 1. We evaluate segment performance based on segment income or loss before income taxes. The following provides information on our segments for the three and nine months ended September 30: Three Months Ended September 30, 2015 2014 Household Skin and Household Skin and Net sales to external customers $ 1,485,300 $ 6,062,800 $ 1,427,600 $ 4,783,500 Cost of sales 679,400 3,605,200 793,000 2,702,300 Advertising expenses 401,000 127,600 47,100 14,000 Selling expenses 412,700 923,900 360,100 838,000 General and administrative expenses 318,200 415,000 315,600 454,600 Total operating costs and expenses 1,811,300 5,071,700 1,515,800 4,008,900 (Loss) income from operations (326,000 ) 991,100 (88,200 ) 774,600 Other income 1,700 5,100 28,100 3,100 Interest expense (1,700 ) (5,700 ) (1,100 ) (6,200 ) (Loss) income before income taxes $ (326,000 ) $ 990,500 $ (61,200 ) $ 771,500 Identifiable assets $ 7,414,900 $ 5,676,000 $ 3,997,800 $ 4,734,700 Nine Months Ended September 30, 2015 2014 Household Skin and Household Skin and Net sales to external customers $ 4,661,700 $ 17,094,000 $ 4,366,300 $ 13,062,600 Cost of sales 2,196,300 9,846,300 2,301,600 7,460,300 Advertising expenses 661,000 426,900 417,500 42,800 Selling expenses 1,261,800 2,781,800 1,146,800 2,366,500 General and administrative expenses 1,083,500 1,350,400 971,500 1,211,100 Total operating costs and expenses 5,202,600 14,405,400 4,837,400 11,080,700 (Loss) income from operations (540,900 ) 2,688,600 (471,100 ) 1,981,900 Other income 3,900 12,200 35,100 8,300 Interest expense (5,100 ) (16,900 ) (5,000 ) (16,800 ) (Loss) income before income taxes $ (542,100 ) $ 2,683,900 $ (441,000 ) $ 1,973,400 Identifiable assets $ 7,414,900 $ 5,676,000 $ 3,997,800 $ 4,734,700 The following is a reconciliation of segment information to consolidated information for the three and nine months ended September 30: Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Net sales to external customers $ 7,548,100 $ 6,211,100 $ 21,755,700 $ 17,428,900 Consolidated income before income taxes $ 664,500 $ 710,300 $ 2,141,800 $ 1,532,400 Identifiable assets $ 13,090,900 $ 8,732,500 $ 13,090,900 $ 8,732,500 Corporate assets 3,366,300 1,299,700 3,366,300 1,299,700 Consolidated total assets $ 16,457,200 $ 10,032,200 $ 16,457,200 $ 10,032,200 Corporate assets noted above are comprised primarily of our cash and investments, and property and equipment not directly associated with our manufacturing, warehousing, shipping and receiving activities.

Organization and Summary of Si9

Organization and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Principles of Consolidation	(b) Principles of Consolidation Our consolidated financial statements include our accounts and those of our wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated.
Basis of Presentation	(c) Basis of Presentation The Consolidated Statements of Operations, Consolidated Balance Sheets, and the Consolidated Statements of Cash Flows included in this Report have been prepared by the Company. In our opinion, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position at September 30, 2015 and results of operations and cash flows for all periods have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. These consolidated financial statements should be read in conjunction with our financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations for the period ended September 30, 2015 are not necessarily indicative of the operating results for the full year.
Use of Estimates	(d) Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect the reported amounts in our financial statements of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include, but are not limited to, the realization of deferred tax assets, reserves for slow moving and obsolete inventory, customer returns and allowances, and stock-based compensation. Actual results could differ from our estimates.
Cash Equivalents	(e) Cash Equivalents We consider all highly liquid investments with an original maturity of three months or less at the date of acquisition to be cash equivalents.
Sale of Accounts Receivable	(f) Sale of Accounts Receivable On November 3, 2008, effective as of October 31, 2008, we entered into a financing agreement with Summit Financial Resources, L.P. (“Summit”) for the purpose of providing working capital. The financing agreement with Summit was amended on March 12, 2009, March 16, 2011 (effective March 1, 2011) and June 29, 2012 (effective July 1, 2012). The agreement has a term that expires on January 1, 2016, but it may be renewed for additional 12 month periods unless either party elects to cancel in writing at least 60 days prior to January 1, 2016 and thereafter on the anniversary date of each 12 month period. The agreement provides for a factoring line up to $1.5 million and is secured primarily by accounts receivables, inventory, any lease in which we are a lessor and all investment property and guarantees by our active subsidiaries. Under the agreement, Summit will make loans at our request and in its discretion based on: (i) its purchases of our receivables, with recourse against us, at an advance rate of 85% (or such other percentage determined by Summit in its discretion) and (ii) our inventory not to exceed certain amounts, including an aggregate maximum of $500,000. Advances under the agreement have an interest rate of 1.0% over the prime rate (as published in The Wall Street Journal) for the accounts receivables portion of the advances and 2.5% over the prime rate for the inventory portion of the borrowings. At September 30, 2015, the prime rate was 3.25%. There is also an administrative fee of 0.85% per month on the average monthly outstanding loan on the receivable portion of any advance if the average quarterly loan in the prior quarter was less than or equal to $1,000,000, and 0.75% per month if the average quarterly loan in the prior quarter was greater than $1,000,000 and of 1.0% per month on the average monthly outstanding loan on the inventory portion of any advance. The agreement provides that neither we nor our active subsidiaries may engage in a change in control transaction without the prior written consent of Summit. Events of default include, but are not limited to, our failure to make a payment when due or a default occurring on any of our other indebtedness. In 2015 and 2014, we did not sell any of our accounts receivables to Summit. At September 30, 2015 and December 31, 2014 the entire credit line of $1.5 million was available for future factoring of accounts receivable invoices and borrowings secured by our inventory. We report these transactions using the authoritative guidance of the Financial Accounting Standards Board (“FASB”) as a secured borrowing rather than as a sale. As a result, affected accounts receivable are reported under the “Current Assets” section within our Consolidated Balance Sheets as “Trade receivables, net.” Similarly, the net liability owing to Summit, if any, appears as “Obligations collateralized by receivables and inventory” within the “Current Liabilities” section of our Consolidated Balance Sheets. Net proceeds received on obligations collateralized by receivables and inventory appear as “net cash provided (used) by operating activities” within the “Adjustment to reconcile net income to net cash used by operating activities” section of our Consolidated Statements of Cash Flows. On March 16, 2011, with the consent of Summit, we entered into a financing agreement with Wells Fargo Bank, National Association (“Wells Fargo”) for the purpose of further lowering the cost of borrowing associated with the financing of our accounts receivable. Pursuant to this agreement, we may sell accounts receivables from one of our largest customers, Wal-Mart Stores, Inc. (“Wal-Mart”), at a discount to Wells Fargo; provided, however, that Wells Fargo may reject offers to purchase such receivables in its discretion. These receivables may be purchased by Wells Fargo at a cost to us equal to LIBOR plus 1.15% per annum. The LIBOR rate used depends on the days to maturity of the receivable sold, typically ranging from 102 to 105 days. At September 30, 2015, Wells Fargo used the 105-day LIBOR rate of 0.39%. The agreement has no fixed termination date, but continues unless terminated by either party giving 30 days prior written notice to the other party. During the nine months ended September 30, 2015 and 2014, we sold approximately $3,219,600 and $3,376,600, respectively, of our relevant accounts receivable to Wells Fargo for approximately $3,205,900 and $3,362,800, respectively. The difference between the invoiced amount of the receivable and the cash that we received from Wells Fargo is a cost to us. This cost is in lieu of any cash discount our customer would have been allowed and, thus, is treated in a manner consistent with standard trade discounts granted to our customers. The reporting of the sale of accounts receivables to Wells Fargo is treated as a sale rather than as a secured borrowing. As a result, affected accounts receivables are relieved from the Company’s financial statements upon receipt of the cash proceeds.
Inventories	(g) Inventories Inventories consist of raw materials and finished goods and are stated at the lower of cost (first-in, first-out method) or market. We record a reserve for slow moving and obsolete products and raw materials. We estimate this reserve based upon historical and anticipated sales. Inventories were comprised of the following at: September 30, 2015 December 31, 2014 Finished goods $ 2,209,600 $ 1,626,300 Raw materials 2,457,100 1,117,800 Inventory reserve for obsolescence (54,400 ) (54,400 ) $ 4,612,300 $ 2,689,700
Property and Equipment	(h) Property and Equipment Property and equipment are recorded at historical cost. Depreciation is provided using the straight-line method over the estimated useful lives of the assets ranging from three to 20 years. Production equipment and production support equipment are estimated to have useful lives of 15 to 20 years and three to 10 years, respectively. Office furniture and office machines are estimated to have useful lives of 10 to 20 years and three to five years, respectively. Carpets, drapes and company vehicles are estimated to have useful lives of five to 10 years. Maintenance and repairs are expensed as incurred. Improvements that extend the useful lives of the asset or provide improved efficiency are capitalized.
Financial Instruments	(i) Financial Instruments Financial instruments which potentially subject us to concentrations of credit risk include cash and cash equivalents and trade receivables. We maintain our cash balances in the form of bank demand deposits with financial institutions that we believe are creditworthy. As of September 30, 2015, and periodically throughout the year, we have maintained balances in various operating accounts in excess of federally insured limits. We establish an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information. We have no significant financial instruments with off-balance sheet risk of accounting loss, such as foreign exchange contracts, option contracts or other foreign currency hedging arrangements. The recorded amounts for cash and cash equivalents, receivables, other current assets, accounts payable and accrued expenses approximate fair value due to the short-term nature of these financial instruments. As of September 30, 2015 and December 31, 2014 we had no long-term debt.
Income Taxes	( j ) Income Taxes We follow FASB authoritative guidance for the accounting for income taxes which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective income tax bases. A valuation allowance is provided when it is more-likely-than-not that some portion or all of a deferred tax asset will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the period in which related temporary differences become deductible. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Taxes are reported based on tax positions that meet a more-likely-than-not standard and that are measured at the amount that is more-likely-than-not to be realized. Differences between financial and tax reporting which do not meet this threshold are required to be recorded as unrecognized tax benefits or expense. We classify penalty and interest expense related to income tax liabilities as an income tax expense. There are no significant interest and penalties recognized in the statement of operations or accrued on the balance sheet. The effective tax rate for the nine months ended September 30, 2015, was (111.0%), which differs from the statutory income tax rate due to permanent book to tax differences and the net decrease in valuation allowance. As of December 31, 2014, the Company had a deferred tax asset of $0, net of a valuation allowance of $3,379,100. As of that date and until the second quarter of 2015, a full valuation allowance had been provided against deferred tax assets, as it was more-likely-than-not that the Company’s net deferred tax asset would not be realized in the foreseeable future due to the Company’s cumulative book loss. Consequently, the Company was unable to recognize any income tax benefit in such prior periods. However, the Company has, as of June 30, 2015, reported positive income for nine consecutive quarters and the 36 month cumulative income before income taxes was approximately $3.4 million. Accordingly, the Company as of June 30, 2015 released a portion of the valuation allowance related to the deferred tax asset of approximately $3.1 million as well as an additional $70,200 in the third quarter ended September 30, 2015. The analysis of the partial valuation allowance release was in accordance with accounting standards for interim period reporting. The remaining $169,200 in valuation allowance is expected to be released during the fourth quarter of 2015.
Revenue Recognition	( k ) Revenue Recognition Our revenue recognition policy is significant because the amount and timing of revenue is a key component of our results of operations. We follow guidance issued by FASB, which requires that certain criteria be met in order to recognize revenue. If these criteria are not met, then the associated revenue is deferred until it is met. In our case, the criteria generally are met when we have an arrangement to sell a product, we have delivered the product in accordance with that arrangement, the sales price of the product is determinable and we believe that we will be paid for the sale. We establish reserves for customer returns of our products and customer allowances. We estimate these reserves based upon, among other things, an assessment of historical trends, information from customers and anticipated returns related to current sales activity. These reserves are established in the period of sale and reduce our revenue in that period. Our reserve for customer allowances includes primarily reserves for trade promotions to support price features, displays, slotting fees and other merchandising of our products to our customers. The actual level of returns and customer allowances is influenced by several factors, including the promotional efforts of our customers, changes in mix of our customers, changes in the mix of the products we sell and the maturity of the product. We may change our estimates based on actual results and consideration of other factors that cause returns and allowances. In the event that actual results differ from our estimates, the results of future periods may be impacted. We also establish reserves for coupons, rebates and certain other promotional programs for consumers. We estimate these reserves based upon, among other things, an assessment of historical trends and current sales activity. These reserves are recorded as a reduction of revenue at the later of the date at which the revenue is recognized or the date at which the sale incentive is offered. We have also established an allowance for doubtful accounts. We estimate this allowance based upon, among other things, an assessment of the credit risk of specific customers and historical trends. We believe our allowance for doubtful accounts is adequate to absorb any losses which may arise. In the event that actual losses differ from our estimates, the results of future periods may be impacted. At September 30, 2015 and December 31, 2014 approximately $841,900 and $795,300, respectively, had been reserved as a reduction of accounts receivable. Trade promotions to our customers and incentives such as coupons to our consumers are deducted from gross sales and totaled $1,661,100 and $1,706,600 for the nine months ended September 30, 2015 and 2014, respectively.
Advertising Costs	( l ) Advertising Costs Advertising costs are expensed as incurred.
Stock-based Compensation	( m ) Stock-based Compensation During the nine months ended September 30, 2015, we granted options to acquire: (1) 326,500 shares of our commons stock to 40 of our management and administrative personnel at a price of $1.25 per share, which vest ratably over 48 months, or upon a change in control under certain circumstances, and which expire after 10 years; (2) 200,000 shares of our common stock to one of our executive officers at a price of $1.25 per share, which vest ratably over 60 months, or upon a change in control under certain circumstances, and which expire after 10 years; and (3) 90,000 shares of our common stock to our three non-employee board members at a price of $1.25 per share, half of which vested on the date of grant and the other half of which will vest on the first anniversary of the date of grant, or upon a change in control under certain circumstances, and which expire after five years. All of the foregoing options were granted at the market value as of the date of grant. We also granted options to acquire 100,000 shares of our common stock to one of our executive officers at a price of $1.375 per share, which vest ratably over 48 months, or upon a change in control under certain circumstances, and which expire after five years. Such options were granted at 110% of the market value as of the date of grant. During the nine months ended September 30, 2014, we granted options to acquire: (1) 250,000 shares of our common stock to one of our executive officers at a price of $0.864 per share, which vest ratably over 60 months, or upon a change in control, and which expire after 10 years; (2) 35,000 shares of our common stock to our vice president of marketing at a price of $0.78 per share, which vest ratably over 48 months, or upon a change in control, and which expire after five years; (3) 2,500 shares of our common stock to an administrative employee at a price of $0.78 per share, which vest ratably over 48 months, or upon a change in control, and which expire after five years; and (4) 60,000 shares of our common stock to two of our board members at a price of $0.792 per share, which vest ratably over 48 months, or upon a change in control, and which expire after five years. Such options were granted at 120% of the market value as of the date of grant. We also granted options to acquire 30,000 shares of our common stock to one of our board members at a price of $0.792 per share, which vested upon the date of grant, and expire after five years. Such options were also granted at 120% of the market value as of the date of grant. The weighted average fair market value of the options granted in the first nine months of 2015 and 2014 was estimated on the date of grant, using a Black-Scholes option pricing model with the following assumptions: September 30, 2015 September 30, 2014 Expected life of options (using the “simplified” method) 5.3 years 4.5 - 5.5 years Average risk-free interest rate 1.4% 1.6% -1.7% Average expected volatility of stock 133% 121% - 128% Expected dividend rate None None Fair value of options granted $755,105 $210,523 Compensation cost related to stock options recognized in operating results (included in general and administrative expenses) under authoritative guidance issued by the FASB was $96,900 and $58,200 in the nine months ended September 30, 2015 and 2014, respectively. Approximately $900,700 of total unrecognized compensation costs related to non-vested stock options is expected to be recognized over the next 12 – 60 months, depending on the vesting provisions of the options. In accordance with this same authoritative guidance, there was no tax benefit from recording the non-cash expense as it relates to the options granted to employees, as these were qualified stock options which are not normally tax deductible. With respect to the non-cash expense associated with options granted to the non-employee directors, no tax benefit is recognized due to the existence of as yet unutilized net operating losses. At such time as these operating losses have been utilized and a tax benefit is realized from the issuance of non-qualified stock options, a corresponding tax benefit may be recognized.
Operating Costs and Expenses Classification	( n ) Operating Costs and Expenses Classification Cost of sales includes costs associated with manufacturing and distribution including labor, materials, freight-in, purchasing and receiving, quality control, internal transfer costs, repairs, maintenance and other indirect costs, as well as warehousing and distribution costs. We classify shipping and handling costs comprised primarily of freight-out as selling expenses. Other selling expenses consist primarily of wages and benefits for sales and sales support personnel, travel, brokerage commissions and promotional costs, as well as certain other indirect costs. Shipping and handling costs totaled $1,081,400 and $1,090,400 for the nine months ended September 30, 2015 and 2014, respectively. General and administrative expenses consist primarily of wages and benefits associated with management and administrative support departments, business insurance costs, professional fees, office facility related expenses, and other general support costs.
Recently Issued Accounting Standards	(o) Recently Issued Accounting Standards In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” In July 2015, the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory,” which is intended to simplify the subsequent measurement of inventories by replacing the current lower of cost or market test with a lower of cost and net realizable value test. The guidance applies only to inventories for which cost is determined by methods other than last-in first-out and the retail inventory method. Application of the standard, which should be applied prospectively, is required for the annual and interim periods beginning after December 15, 2016. Early adoption is permitted. The Company is currently evaluating the impact the new standard will have on its condensed consolidated financial statements.

Organization and Summary of S10

Organization and Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Composition of Inventory	Inventories were comprised of the following at: September 30, 2015 December 31, 2014 Finished goods $ 2,209,600 $ 1,626,300 Raw materials 2,457,100 1,117,800 Inventory reserve for obsolescence (54,400 ) (54,400 ) $ 4,612,300 $ 2,689,700
Weighted Average Fair Market Value of the Options Granted Estimated on the Date of Grant Assumptions	The weighted average fair market value of the options granted in the first nine months of 2015 and 2014 was estimated on the date of grant, using a Black-Scholes option pricing model with the following assumptions: September 30, 2015 September 30, 2014 Expected life of options (using the “simplified” method) 5.3 years 4.5 - 5.5 years Average risk-free interest rate 1.4% 1.6% -1.7% Average expected volatility of stock 133% 121% - 128% Expected dividend rate None None Fair value of options granted $755,105 $210,523

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Reconciliation of the Weighted Average Number of Common Shares Outstanding	A reconciliation of the weighted average number of common shares outstanding for the three and nine months ended September 30, 2015 and 2014 is as follows: 2015 Three Months Nine Months Common shares outstanding, beginning of the period 11,665,220 11,549,789 Weighted average common shares issued 241 67,773 Weighted average number of common shares outstanding 11,665,461 11,617,562 Dilutive effect of common share equivalents 262,416 289,924 Diluted weighted average number of common shares outstanding 11,927,877 11,907,486 2014 Three Months Nine Months Common shares outstanding, beginning of the period 11,532,258 11,446,800 Weighted average common shares issued 4,808 48,322 Weighted average number of common shares outstanding 11,537,066 11,495,122 Dilutive effect of common share equivalents 303,692 290,393 Diluted weighted average number of common shares outstanding 11,840,758 11,785,515

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Information on Segments	The following provides information on our segments for the three and nine months ended September 30: Three Months Ended September 30, 2015 2014 Household Skin and Household Skin and Net sales to external customers $ 1,485,300 $ 6,062,800 $ 1,427,600 $ 4,783,500 Cost of sales 679,400 3,605,200 793,000 2,702,300 Advertising expenses 401,000 127,600 47,100 14,000 Selling expenses 412,700 923,900 360,100 838,000 General and administrative expenses 318,200 415,000 315,600 454,600 Total operating costs and expenses 1,811,300 5,071,700 1,515,800 4,008,900 (Loss) income from operations (326,000 ) 991,100 (88,200 ) 774,600 Other income 1,700 5,100 28,100 3,100 Interest expense (1,700 ) (5,700 ) (1,100 ) (6,200 ) (Loss) income before income taxes $ (326,000 ) $ 990,500 $ (61,200 ) $ 771,500 Identifiable assets $ 7,414,900 $ 5,676,000 $ 3,997,800 $ 4,734,700 Nine Months Ended September 30, 2015 2014 Household Skin and Household Skin and Net sales to external customers $ 4,661,700 $ 17,094,000 $ 4,366,300 $ 13,062,600 Cost of sales 2,196,300 9,846,300 2,301,600 7,460,300 Advertising expenses 661,000 426,900 417,500 42,800 Selling expenses 1,261,800 2,781,800 1,146,800 2,366,500 General and administrative expenses 1,083,500 1,350,400 971,500 1,211,100 Total operating costs and expenses 5,202,600 14,405,400 4,837,400 11,080,700 (Loss) income from operations (540,900 ) 2,688,600 (471,100 ) 1,981,900 Other income 3,900 12,200 35,100 8,300 Interest expense (5,100 ) (16,900 ) (5,000 ) (16,800 ) (Loss) income before income taxes $ (542,100 ) $ 2,683,900 $ (441,000 ) $ 1,973,400 Identifiable assets $ 7,414,900 $ 5,676,000 $ 3,997,800 $ 4,734,700
Reconciliation of Segment Information	The following is a reconciliation of segment information to consolidated information for the three and nine months ended September 30: Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Net sales to external customers $ 7,548,100 $ 6,211,100 $ 21,755,700 $ 17,428,900 Consolidated income before income taxes $ 664,500 $ 710,300 $ 2,141,800 $ 1,532,400 Identifiable assets $ 13,090,900 $ 8,732,500 $ 13,090,900 $ 8,732,500 Corporate assets 3,366,300 1,299,700 3,366,300 1,299,700 Consolidated total assets $ 16,457,200 $ 10,032,200 $ 16,457,200 $ 10,032,200

Organization and Summary of S13

Organization and Summary of Significant Accounting Policies (Details Textual)	Mar. 16, 2011	Mar. 31, 2011	Sep. 30, 2015USD ($)Segment	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Schedule Of Organization And Presentation Of Financial Statements [Line Items]
Number of business segment | Segment			2
Expiration date of financing agreement			Jan. 1, 2016
Renewal period of agreement			12 months
Additional renewal Period of agreement			12 months
Cancelation period of agreement			at least 60 days
Account receivables			$ 1,500,000
Percentage of advance rate of loan after March 1, 2011			85.00%
Aggregate amount of inventory			$ 500,000
Percentage of administrative fees on receivable portion, Less Than or equal to $1000000			0.85%
Percentage of administrative fees on receivable portion, More Than $1000000			0.75%
Percentage of administrative fees on inventory portion			1.00%
Computation of administrative fees on receivable portion, Specified Amount for different rates			$ 1,000,000
Credit line available for future factoring of accounts receivables and borrowings secured by inventory			$ 1,500,000		$ 1,500,000
Minimum
Schedule Of Organization And Presentation Of Financial Statements [Line Items]
Period to maturity of receivables sold		102 days
Maximum
Schedule Of Organization And Presentation Of Financial Statements [Line Items]
Period to maturity of receivables sold		105 days
Wells Fargo Bank
Schedule Of Organization And Presentation Of Financial Statements [Line Items]
Period of LIBOR rate used			105 days
Sale of account receivables			$ 3,219,600	$ 3,376,600
Proceeds from sale of account receivables			$ 3,205,900	$ 3,362,800
Period of notice for termination of agreement			30 days
Prime Rate
Schedule Of Organization And Presentation Of Financial Statements [Line Items]
Interest rate of agreement amount			3.25%
Prime Rate | Accounts Receivables
Schedule Of Organization And Presentation Of Financial Statements [Line Items]
Interest rate of agreement amount			1.00%
Prime Rate | Inventories
Schedule Of Organization And Presentation Of Financial Statements [Line Items]
Interest rate of agreement amount			2.50%
LIBOR | Wells Fargo Bank
Schedule Of Organization And Presentation Of Financial Statements [Line Items]
Interest rate of agreement amount	1.15%		0.39%

Organization and Summary of S14

Organization and Summary of Significant Accounting Policies - Inventories (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Finished goods	$ 2,209,600	$ 1,626,300
Raw materials	2,457,100	1,117,800
Inventory reserve for obsolescence	(54,400)	(54,400)
Inventories, net	$ 4,612,300	$ 2,689,700

Organization and Summary of S15

Organization and Summary of Significant Accounting Policies (Details Textual 1) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended	36 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Jun. 30, 2015	Dec. 31, 2015
Organization and summary of significant accounting policies (Textual) [Abstract]
Deferred tax assets, net					$ 0
Valuation allowance	$ 70,200		$ 70,200		3,379,100	$ 3,100,000
Cumulative income before income taxes	664,500	$ 710,300	2,141,800	$ 1,532,400		$ 3,400,000
Reserve for reduction in account receivables			841,900		795,300
Trade Promotion to Customer			1,661,100	$ 1,706,600
Significant financial instruments with off-balance sheet risk	0		0
Long-term debt	0		0		$ 0
Interest and penalties recognized in statement of operations			0
Accrued interest or penalties related to uncertain tax positions	$ 0		$ 0
Effective income tax rate			(111.00%)
Scenario Forecast
Organization and summary of significant accounting policies (Textual) [Abstract]
Valuation allowance							$ 169,200
Minimum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			3 years
Maximum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			20 years
Production Equipment | Minimum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			15 years
Production Equipment | Maximum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			20 years
Production Support Equipment | Minimum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			3 years
Production Support Equipment | Maximum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			10 years
Office Furniture and Equipment | Minimum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			10 years
Office Furniture and Equipment | Maximum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			20 years
Office Equipment | Minimum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			3 years
Office Equipment | Maximum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			5 years
Carpet, Drapes and Company Vehicles | Minimum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			5 years
Carpet, Drapes and Company Vehicles | Maximum
Organization and summary of significant accounting policies (Textual) [Abstract]
Useful life of property, plant and equipment			10 years

Organization and Summary of S16

Organization and Summary of Significant Accounting Policies (Details Textual 2) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Stock-based compensation	$ 96,900	$ 58,200
Unrecognized compensation costs related to non-vested stock options	900,700
Tax benefit from recording non-cash expense relates to options granted to employees	0
Shipping and handling costs	$ 1,081,400	$ 1,090,400
Price of option with maximum maturity	110.00%	120.00%
Minimum
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Period over which compensation costs related to non-vested stock options recognize	12 months
Maximum
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Period over which compensation costs related to non-vested stock options recognize	60 months
General and Administrative Expense
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Stock-based compensation	$ 96,900	$ 58,200
40 of Management and Administrative Personnel
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Number of Shares Granted	326,500
Average Option Price Per Share Granted	$ 1.25
Vesting period of options	48 months
Expiry of options	10 years
Executive Officer
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Number of Shares Granted	200,000	250,000
Average Option Price Per Share Granted	$ 1.25	$ 0.864
Vesting period of options	60 months	60 months
Expiry of options	10 years	10 years
Three Non-Employee Board Member
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Number of Shares Granted	90,000
Average Option Price Per Share Granted	$ 1.25
Expiry of options	5 years
Vesting description of options	90,000 shares of our common stock to our three non-employee board members at a price of $1.25 per share, half of which vested on the date of grant and the other half of which will vest on the first anniversary of the date of grant, or upon a change in control under certain circumstances, and which expire after five years
Executive Officer One
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Number of Shares Granted	100,000
Average Option Price Per Share Granted	$ 1.375
Vesting period of options	48 months
Expiry of options	5 years
Vice President
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Number of Shares Granted		35,000
Average Option Price Per Share Granted		$ 0.78
Vesting period of options		48 months
Expiry of options		5 years
Administrative Employee
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Number of Shares Granted		2,500
Average Option Price Per Share Granted		$ 0.78
Vesting period of options		48 months
Expiry of options		5 years
Two Board Members
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Number of Shares Granted		60,000
Average Option Price Per Share Granted		$ 0.792
Vesting period of options		48 months
Expiry of options		5 years
One Board Member
Organization and Summary of Significant Accounting Policies (Additional Textual) [Abstract]
Number of Shares Granted		30,000
Average Option Price Per Share Granted		$ 0.792
Expiry of options		5 years

Organization and Summary of S17

Organization and Summary of Significant Accounting Policies - Assumptions Used in Determining Fair Value of Options Granted (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected life of options (using the “simplified” method)	5 years 3 months 18 days
Average risk-free interest rate	1.40%
Average risk-free interest rate, Minimum		1.60%
Average risk-free interest rate, Maximum		1.70%
Average expected volatility of stock	133.00%
Average expected volatility of stock, Minimum		121.00%
Average expected volatility of stock, Maximum		128.00%
Expected dividend rate	0.00%	0.00%
Fair value of options granted	$ 755,105	$ 210,523
Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected life of options (using the “simplified” method)		4 years 6 months
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected life of options (using the “simplified” method)		5 years 6 months

Earnings Per Share (Details Tex

Earnings Per Share (Details Textual) - shares	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share Additional Textual [Abstract]
Preferred stock issuable	20,000,000
Preferred stock issued	0
Preferred stock outstanding	0
Stock Options
Earnings Per Share Textual [Abstract]
Anti-dilutive securities comprised of outstanding stock options	1,114,000	397,500

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share [Abstract]
Common shares outstanding, beginning of the period	11,665,220	11,532,258	11,549,789	11,446,800
Weighted average common shares issued	241	4,808	67,773	48,322
Weighted average number of common shares outstanding	11,665,461	11,537,066	11,617,562	11,495,122
Dilutive effect of common share equivalents	262,416	303,692	289,924	290,393
Diluted weighted average number of common shares outstanding	11,927,877	11,840,758	11,907,486	11,785,515

Segment Information (Details Te

Segment Information (Details Textual)	9 Months Ended
	Sep. 30, 2015Segment
Segment Reporting [Abstract]
Number of business segment	2

Segment Information (Details)

Segment Information (Details) - USD ($)	3 Months Ended		9 Months Ended		36 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net sales to external customers	$ 7,548,100	$ 6,211,100	$ 21,755,700	$ 17,428,900
Cost of sales	4,284,600	3,495,300	12,042,600	9,761,900
Advertising expenses	528,600	61,100	1,087,900	460,300
Selling expenses	1,336,600	1,198,100	4,043,600	3,513,300
General and administrative expenses	733,200	770,200	2,433,900	2,182,600
Total operating costs and expenses	6,883,000	5,524,700	19,608,000	15,918,100
Income from operations	665,100	686,400	2,147,700	1,510,800
Other income	6,800	31,200	16,100	43,400
Interest expense	(7,400)	(7,300)	(22,000)	(21,800)
Income before income taxes	664,500	710,300	2,141,800	1,532,400	$ 3,400,000
Total assets	16,457,200	10,032,200	16,457,200	10,032,200		$ 10,428,900
Household Products
Segment Reporting Information [Line Items]
Net sales to external customers	1,485,300	1,427,600	4,661,700	4,366,300
Cost of sales	679,400	793,000	2,196,300	2,301,600
Advertising expenses	401,000	47,100	661,000	417,500
Selling expenses	412,700	360,100	1,261,800	1,146,800
General and administrative expenses	318,200	315,600	1,083,500	971,500
Total operating costs and expenses	1,811,300	1,515,800	5,202,600	4,837,400
Income from operations	(326,000)	(88,200)	(540,900)	(471,100)
Other income	1,700	28,100	3,900	35,100
Interest expense	(1,700)	(1,100)	(5,100)	(5,000)
Income before income taxes	(326,000)	(61,200)	(542,100)	(441,000)
Total assets	7,414,900	3,997,800	7,414,900	3,997,800
Skin And Hair Care Products
Segment Reporting Information [Line Items]
Net sales to external customers	6,062,800	4,783,500	17,094,000	13,062,600
Cost of sales	3,605,200	2,702,300	9,846,300	7,460,300
Advertising expenses	127,600	14,000	426,900	42,800
Selling expenses	923,900	838,000	2,781,800	2,366,500
General and administrative expenses	415,000	454,600	1,350,400	1,211,100
Total operating costs and expenses	5,071,700	4,008,900	14,405,400	11,080,700
Income from operations	991,100	774,600	2,688,600	1,981,900
Other income	5,100	3,100	12,200	8,300
Interest expense	(5,700)	(6,200)	(16,900)	(16,800)
Income before income taxes	990,500	771,500	2,683,900	1,973,400
Total assets	$ 5,676,000	$ 4,734,700	$ 5,676,000	$ 4,734,700

Segment Information (Details 1)

Segment Information (Details 1) - USD ($)	3 Months Ended		9 Months Ended		36 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Reconciliation of segment information
Net sales to external customers	$ 7,548,100	$ 6,211,100	$ 21,755,700	$ 17,428,900
Consolidated income before income taxes	664,500	710,300	2,141,800	1,532,400	$ 3,400,000
Total assets	16,457,200	10,032,200	16,457,200	10,032,200		$ 10,428,900
Operating Segments
Reconciliation of segment information
Total assets	13,090,900	8,732,500	13,090,900	8,732,500
Corporate, Non-Segment
Reconciliation of segment information
Total assets	$ 3,366,300	$ 1,299,700	$ 3,366,300	$ 1,299,700