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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash $ 49,000 $ 47,000
Accounts receivable, net 2,143,000 2,117,000
Inventory 383,000 400,000
Prepaid expenses & other assets 630,000 486,000
Total current assets 3,205,000 3,050,000
Property, Plant & Equipment (at cost):    
Leasehold improvements 3,000 3,000
Machinery, equipment & software 2,258,000 2,224,000
less: Accumulated depreciation & amortization (2,208,000) (2,204,000)
Property, plant & equipment, net 53,000 23,000
Other Assets:    
Intangible Assets, net 1,343,000 1,397,000
Goodwill 1,152,000 1,152,000
Total other assets 2,495,000 2,549,000
Total Assets 5,753,000 5,622,000
Current Liabilities:    
Accounts payable 1,425,000 1,225,000
Note payable – related party 617,000 327,000
Note payable – line of credit 865,000 514,000
Unearned revenue 223,000 2,000
Severance Payable, Current 180,000 0
Accrued expenses 310,000 250,000
Total current liabilities 3,620,000 2,318,000
Long term Liabilities:    
Note payable – related party 1,174,000 1,517,000
Severance payable 119,000 0
Total long term liabilities 1,293,000 1,517,000
Total Liabilities 4,913,000 3,835,000
Shareholders' Equity:    
$1 par value; 25,000,000 shares authorized; 16,953,176 shares issued and outstanding at March 31, 2018 and December 31, 2017 16,953,000 16,953,000
Capital in excess of par value 688,000 688,000
Accumulated deficit (16,801,000) (15,854,000)
Total Shareholders' Equity 840,000 1,787,000
Total Liabilities & Shareholders’ Equity $ 5,753,000 $ 5,622,000