Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash	$ 2,579,000	$ 4,394,000
Accounts receivable, net	611,000	723,000
Inventory	478,000	584,000
Prepaid expenses & other assets	156,000	290,000
Total current assets	3,824,000	5,991,000
Property, plant & equipment, net	15,000	32,000
Total assets	3,839,000	6,023,000
Current liabilities:
Accounts payable	440,000	457,000
Accrued expenses	163,000	208,000
Total current liabilities	603,000	665,000
Total liabilities	603,000	665,000
Shareholders' Equity:
Common stock: authorized 25,000,000 shares $1.00 par value; shares issued and outstanding: 11,649,360 shares as of September 30, 2016 11,649,360 shares as of December 31, 2015	11,649,000	11,649,000
Additional paid-in capital	5,090,000	5,090,000
Accumulated deficit	(13,471,000)	(11,330,000)
Unearned compensation	(32,000)	(51,000)
Total shareholders' equity	3,236,000	5,358,000
Total liabilities & shareholders' equity	$ 3,839,000	$ 6,023,000

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.