XML 21 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash $ 1,722,000 $ 0
Trade Receivables, Net 12,508,000 10,006,000
Costs and Estimated Earnings in Excess of Billings on Uncompleted Contracts 0 42,000
Inventories, Net 6,610,000 8,174,000
Prepaid Expenses and Other Current Assets 2,074,000 1,174,000
Total Current Assets 22,914,000 19,396,000
Property, Plant and Equipment 985,000 1,087,000
Other Assets:    
Goodwill 4,235,000 4,235,000
Other Intangible Assets, Net 1,180,000 1,197,000
Deposits and Other Non-Current Assets, Net 81,000 94,000
Total Assets 29,395,000 26,009,000
Current Liabilities:    
Accounts Payable 6,741,000 6,384,000
Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts 21,000 51,000
Accrued Expenses and Other Current Liabilities 2,917,000 2,773,000
Total Current Liabilities 9,679,000 9,208,000
Other Liabilities:    
Long-Term Debt, Net 8,945,000 14,137,000
Accrued Interest – Note Payable – Related Party 0 4,000
Deferred Tax Liability 414,000 365,000
Total Liabilities 19,038,000 23,714,000
Commitments and Contingencies
Stockholders' Equity:    
Common Stock, $0.01 Par Value; 140,000,000 Shares Authorized; 122,125,072 and 119,839,566 Issued and Outstanding for 2015 and 2014, respectively. 1,235,000 1,221,000
Additional Paid-In Capital 93,600,000 91,930,000
Accumulated Deficit (84,478,000) (90,856,000)
Total Stockholders' Equity 10,357,000 2,295,000
Total Liabilities and Stockholders' Equity $ 29,395,000 $ 26,009,000