Restructuring And Related Activities (Notes)

9 Months Ended

Sep. 30, 2019

Restructuring Cost and Reserve [Line Items]

Restructuring and Related Costs [Table Text Block]

The severance and relocation obligations relating to the business restructuring outstanding as of September 30, 2019 are presented below.

	September 30, 2019
Severance obligations:
Provision	$	224,773
Amounts paid out	(224,773		)
Total	—
Relocation costs:
Provision	225,000
Amounts paid out	(100,000		)
Total	125,000
Balance - September 30, 2019	$	125,000

Restructuring and Related Activities Disclosure [Text Block]

Business Restructuring

The second quarter 2019 business restructuring involved a charge against operations of $2,345,657. The restructuring included a reduction in force affecting eleven employees and severance costs of $224,773. It included a consolidation of the Company's corporate offices and engineering labs into its Woburn manufacturing facility and attendant relocation costs of $225,000. It also included inventory-related costs totaling $1,895,884 to write down excess parts to net realizable value of $1,485,884 plus a provision for excess parts purchase commitments of $410,000. As of September 30, 2019, the restructuring was completed. There remains a provision of $125,000 for idle Waltham facilities held for sublet. This provision is recorded against the Company’s Right to use asset.

The severance and relocation obligations relating to the business restructuring outstanding as of September 30, 2019 are presented below.

	September 30, 2019
Severance obligations:
Provision	$	224,773
Amounts paid out	(224,773		)
Total	—
Relocation costs:
Provision	225,000
Amounts paid out	(100,000		)
Total	125,000
Balance - September 30, 2019	$	125,000

Within the Company's Statements of Operations for the nine months ended September 30, 2019, $1,895,884 of inventory-related write-downs were recorded within cost of revenues, and severance and relocations costs were recorded as follows: $201,514 within research and development, $129,812 within sales and marketing, and $118,447 within general and administrative.