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Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income (Loss) $ 1,755,000 $ 1,562,000 $ 2,247,000 $ (2,909,000)
Adjustments to Reconcile Net Income (Loss) to Net Cash provided by Operating Activities        
Depreciation of property and equipment 1,128,000 1,140,000 1,503,000 1,767,000
Amortization of intangible assets 402,000 126,000 168,000 168,000
Amortization of capitalized engineering costs 340,000 460,000 580,000 992,000
Bad debt expense 64,000 249,000 427,000 346,000
Non-cash compensation expense 88,000 101,000 131,000 368,000
Non-cash interest expense including amortization of debt discounts 0 0 0 1,323,000
Amortization of deferred financing costs 42,000 122,000 136,000 279,000
Gain on sale of real estate (28,000) (28,000) (38,000) (38,000)
Adjustments to Lease Impairment 53,000 0 0 0
(Increase) Decrease in Operating Assets:        
Accounts Receivable (1,307,000) (2,512,000) (2,088,000) 848,000
Assets Held for Sale     0 188,000
Inventory 454,000 (1,468,000) (1,078,000) 125,000
Prepaid Expenses and Other Current Assets 83,000 102,000 (123,000) 61,000
Income Taxes Receivable     0 33,000
Deposits (11,000) 50,000 57,000 35,000
Other Assets (3,000) (61,000) (87,000) (198,000)
Increase (Decrease) in Operating Liabilities:        
Accounts payable and accrued expenses (1,219,000) 1,464,000 1,567,000 236,000
Deferred Rent 71,000 143,000 174,000 190,000
Income Taxes payable 973,000 57,000 57,000 0
Liabilities Held For Sale     0 (914,000)
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,885,000 1,507,000 3,633,000 2,900,000
CASH FLOWS FROM INVESTING ACTIVITIES        
Cash paid for acquisition (11,600,000) 0    
Capitalized engineering costs (209,000) (404,000) (510,000) (343,000)
Purchase of property and equipment (471,000) (422,000) (778,000) (770,000)
Deposit for new property and equipment (81,000) 0    
NET CASH USED IN INVESTING ACTIVITIES (12,361,000) (826,000) (1,288,000) (1,113,000)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from Private Placement 7,115,000 0    
Payment of Issuance costs for Private Placement (587,000) 0    
Notes payable - Sellers (447,000) (293,000) (377,000) (285,000)
Capital lease obligations (426,000) (296,000) (398,000) (368,000)
Notes payable-Jr. Subordinated Debt (115,000) 0 (130,000) (50,000)
Notes payable - SFFC     0 (4,460,000)
Notes payable - Revolver 1,627,000 635,000 (284,000) 849,000
Notes payable - Term Loan PNC 2,950,000 (750,000) (1,000,000) 3,000,000
Cash paid for deferred financing costs (20,000) (20,000) (20,000) (175,000)
Payments related to Lease Impairment (78,000) (74,000) (96,000) (223,000)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 10,019,000 (798,000) (2,305,000) (1,712,000)
NET INCREASE IN CASH AND CASH EQUIVALENTS 543,000 (117,000) 40,000 75,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 577,000 537,000 537,000 462,000
CASH AND CASH EQUIVALENTS AT END OF YEAR 1,120,000 420,000 577,000 537,000
Supplemental cash flow information:        
Cash paid during the year for interest 1,225,000 1,266,000 1,895,000 2,345,000
Cash paid during the year for income taxes 64,000 0 0 0
Supplemental schedule of non-cash investing and financing activities:        
Junior Subordinated Debt Converted to Common Stock 5,204,000 0    
Property and equipment acquired under capital leases   827,000 827,000 0
Non-cash dividends on Series B Preferred Stock     0 1,436,000
Purchase of substantially all assets of Nassau Tool Works, Inc and assumption of liabilities in the acquisition as follows:        
Fair Value of Tangible Assets acquired 7,941,000      
Intangible assets, subject to amortization 4,975,000      
Goodwill 162,000      
Liabilities assumed (660,000)      
Due to Seller (518,000)      
Common Stock (300,000)      
Cash paid for acquisition $ 11,600,000