Quarterly report pursuant to Section 13 or 15(d)

Investment in Joint Venture At Equity (Tables)

v2.4.1.9
Investment in Joint Venture At Equity (Tables)
3 Months Ended
Mar. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Summary financial information

Such summary financial information has been provided herein based upon the individual significance of this unconsolidated equity investment to the consolidated financial information of the Company.

 

   

March 31,

2015

 
       
Current assets   $ 171,472  
Non-current assets   $ 68,140  
Current liabilities   $ 107,977  
Members' equity   $ 131,635  
Summary of net income loss

The investment balance carried on the Company's balance sheet amounts to $67,199 as of March 31, 2015.

 

   

Three Months

Ended

March 31,

2015

 
       
Net sales   $ 483,981  
Gross profit   $ 200,406  
Operating expenses   $ 97,406  
Net income(loss)   $ 103,000