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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:        
Net earnings $ 191,000 $ 226,000 $ 270,000 $ 297,000
Net earnings from discontinued operations 14,000 279,000 88,000 361,000
Net earnings (loss) from continuing operations 177,000 (53,000) 182,000 (64,000)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:        
Depreciation and amortization 15,000 19,000 26,000 37,000
Bad debt expense 46,000 2,000 53,000 6,000
Amortization of unearned compensation 12,000 26,000 26,000 48,000
Decrease of long term receivable 78,000 99,000 96,000 58,000
Changes in current assets & liabilities        
Accounts receivable (102,000) 233,000 (1,425,000) 841,000
Inventory 1,920,000 538,000 3,439,000 148,000
Prepaid expenses & other 42,000 9,000 194,000 (96,000)
Accounts payable 85,000 (1,102,000) 185,000 261,000
Accrued expenses (257,000) 190,000 (1,130,000) (372,000)
Discontinued Operations:        
Net cash provided by operating activities 0 142,000 0 617,000
Net cash provided by operating activities 2,016,000 103,000 1,646,000 1,484,000
Cash provided by (used in) investing activities:        
Proceeds from sale of discontinued operations 0 0 77,000 0
Additions to plant & equipment 1,000 (4,000) (1,000) (21,000)
Net cash provided by (used in) investing activities 1,000 (4,000) 76,000 (21,000)
Cash used in financing activities:        
Repayments - note payable 0 132,000 0 (1,366,000)
Net cash provided by (used in) financing activities 0 132,000 0 (1,366,000)
Net increase in cash 2,017,000 231,000 1,722,000 97,000
Cash at beginning of period 6,564,000 330,000 6,859,000 464,000
Cash at end of period 8,581,000 561,000 8,581,000 561,000
Supplemental cash flow disclosure:        
Interest paid 0 15,000 0 30,000
Taxes paid $ 0 $ 0 $ 4,000 $ 38,000