| Cash |
| Trade accounts receivable net of allowance for doubtful accounts of approximately $85,600 and $63,600 at June 30, 2011 and December 31, 2010, respectively |
9.41M |
| Receivables due from affiliated companies |
822.59K |
| Inventories, net |
8.96M |
| Prepaid expenses and other current assets |
1.02M |
| Deferred tax asset |
| Total Current Assets |
21.29M |
| Property, plant and equipment, net |
4.93M |
| Trademarks, trade names and patents, net |
985.26K |
| Due from affiliated companies, net |
| Other assets |
| Total Other Assets |
| Total Assets |
27.21M |
| Accounts payable - trade |
2.99M |
| Revolving line of credit |
| Notes payable related party |
| Current portion of long term debt |
| Income taxes payable |
| Accrued expenses payable |
1.49M |
| Total Current Liabilities |
4.87M |
| Deferred tax liability |
219.53K |
| Long term debt, less current portion |
| Total Liabilities |
5.14M |
| Commitments and contingencies |
0 |
| Common stock - $.01 par value, 10,000,000 shares authorized; 8,349,116 and 8,205,116 shares issued at June 30, 2011 and December 31, 2010, respectively |
91.47K |
| Additional paid in capital |
9.6M |
| Less cost of common stock in treasury, 351,503 shares at June 30, 2011 and December 31, 2010, respectively |
| Foreign currency translation adjustment |
-285.53K |
| Retained earnings |
12.65M |
| Total Shareholders' Equity of Ocean Bio-Chem, Inc. |
22.07M |
| Noncontrolling interest |
| Total Shareholders' Equity |
| Total Liabilities and Shareholders' Equity |
27.21M |
