Blonder Tongue Laboratories (BDRL) 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2015	6-May-15
Document Information [Line Items]
Entity Registrant Name	BLONDER TONGUE LABORATORIES INC
Entity Central Index Key	1000683
Entity Filer Category	Smaller Reporting Company
Current Fiscal Year End Date	-19
Trading Symbol	BDR
Entity Common Stock, Shares Outstanding		6,262,736
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Current assets:
Cash	$94	$232
Accounts receivable, net of allowance for doubtful accounts of $176	2,356	2,425
Inventories	9,310	9,257
Prepaid and other current assets	929	651
Total current assets	12,689	12,565
Inventories, net non-current	1,995	1,628
Property, plant and equipment, net of accumulated depreciation and amortization	3,934	3,923
License agreements, net	479	645
Intangible assets, net	1,912	1,962
Goodwill	493	493
Other assets	58	28
Total Assets	21,560	21,244
Current liabilities:
Line of credit	1,695	1,269
Current portion of long-term debt	3,799	286
Accounts payable	2,370	1,351
Accrued compensation	751	513
Accrued benefit liability	260	260
Income taxes payable	24	24
Other accrued expenses	161	101
Total current liabilities	9,060	3,804
Long-term debt	25	3,607
Deferred income taxes	95	95
Commitments and contingencies	0	0
Stockholders’ equity:
Preferred stock, $.001 par value; authorized 5,000 shares; No shares outstanding	0	0
Common stock, $.001 par value; authorized 25,000 shares, 8,465 shares Issued	8	8
Paid-in capital	26,492	26,435
Accumulated deficit	-5,511	-4,096
Accumulated other comprehensive loss	-1,354	-1,354
Treasury stock, at cost, 2,202 shares	-7,255	-7,255
Total stockholders’ equity	12,380	13,738
Total Liabilities and Stockholders' Equity	$21,560	$21,244

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Per Share data, unless otherwise specified
Allowance for doubtful accounts (in dollars)	$176	$176
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	5,000	5,000
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	25,000	25,000
Common stock, shares issued	8,465	8,465
Treasury stock, shares	2,202	2,202

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Net sales	$4,742	$5,578
Cost of goods sold	3,362	3,821
Gross profit	1,380	1,757
Operating expenses:
Selling	843	812
General and administrative	1,056	1,218
Research and development	804	840
Total Operating expenses	2,703	2,870
Loss from operations	-1,323	-1,113
Other expense - interest expense (net)	-92	-48
Loss before income taxes	-1,415	-1,161
Provision (benefit) for income taxes	0	0
Net loss	($1,415)	($1,161)
Basic and diluted net loss per share (in dollars per share)	($0.23)	($0.19)
Basic and diluted weighted average shares outstanding (in shares)	6,263	6,216

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash Flows From Operating Activities:
Net loss	($1,415)	($1,161)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Stock compensation expense	57	66
Depreciation	121	110
Amortization	217	261
Provision for inventory reserves	31	83
Recovery of bad debt	0	-46
Changes in operating assets and liabilities:
Accounts receivable	69	872
Inventories	-451	300
Prepaid and other current assets	-278	-168
Other assets	-30	9
Accounts payable, accrued compensation and other accrued expenses	1,317	59
Net cash provided by (used in) operating activities	-362	385
Cash Flows From Investing Activities:
Capital expenditures	-132	-29
Acquisition of licenses	-1	-215
Net cash (used in) investing activities	-133	-244
Cash Flows From Financing Activities:
Net borrowings (repayment) of line of credit	426	-25
Repayments of debt	-69	-70
Net cash provided by (used in) financing activities	357	-95
Net (decrease) increase in cash	-138	46
Cash, beginning of period	232	67
Cash, end of period	94	113
Supplemental Cash Flow Information:
Cash paid for interest	66	56
Cash paid for income taxes	$0	$0

Company_and_Basis_of_Presentat

Company and Basis of Presentation	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	Note 1 - Company and Basis of Presentation
	Blonder Tongue Laboratories, Inc. (together with its consolidated subsidiaries, the “Company”) is a technology-development and manufacturing company that delivers television signal encoding, transcoding, digital transport, and broadband product solutions to the cable markets the Company serves, including the multi-dwelling unit market, the lodging/hospitality market and the institutional market including, hospitals, prisons and schools, primarily throughout the United States and Canada. The consolidated financial statements include the accounts of Blonder Tongue Laboratories, Inc. and its wholly-owned subsidiaries. Significant intercompany accounts and transactions have been eliminated in consolidation.
	The results for the first quarter of 2015 are not necessarily indicative of the results to be expected for the full fiscal year and have not been audited. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments, consisting primarily of normal recurring accruals, necessary for a fair statement of the results of operations and cash flows for the periods presented and the consolidated balance sheet at March 31, 2015. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to SEC rules and regulations. These financial statements should be read in conjunction with the financial statements and notes thereto that were included in the Company’s latest annual report on Form 10-K for the year ended December 31, 2014.

Liquidity

Liquidity	3 Months Ended
	Mar. 31, 2015
Liquidity [Abstract]
Liquidity [Text Block]	Note 2 - Liquidity
	The Company’s primary sources of liquidity are its existing cash balances, cash generated from operations and amounts available under the Santander Financing (as defined in Note 6 below). As of March 31, 2015, the Company had approximately $1,695 outstanding under the Revolver (as defined in Note 6 below) and $1,121 of additional availability for borrowing under the Revolver. The Company anticipates these sources of liquidity, along with the expected refinancing of the Company’s Revolver and Term Loan (both of which expire on February 1, 2016), will be sufficient to fund its operating activities, anticipated capital expenditures and debt repayment obligations for the next twelve months. As of April 30, 2015, taking into account the Temporary Overadvance Facility (as defined in Note 6 below), the Company had approximately $3,037 outstanding under the Revolver (as defined in Note 6 below) and $340 of additional availability for borrowing under the Revolver, with $254 of cash on hand. While the Company anticipates refinancing all or part of its existing indebtedness prior to February 1, 2016, there can be no assurances that a refinancing will be available on acceptable terms or at all. As a result of lower than expected net sales in the first quarter of 2015 and the reduction, pursuant to the Sixth Amendment (as defined in Note 6 below), in the advance rate applicable to Eligible Inventory from 50% to 25%, the Company experienced a material decrease in its liquidity in the first quarter of 2015. While the Company anticipates that its net sales will return to historical norms during the third quarter of 2015, in the interim, the Company obtained an accommodation from Santander, whereby effective as of March 30, 2015, Santander agreed to provide the Company with $500 of additional availability beyond its borrowing base under the Revolver during the period from April 1, 2015 through April 24, 2015, all of which was drawn on or prior to April 24, 2015. In other efforts to alleviate the existing liquidity pressures and reposition the Company to become profitable at a lower level of net sales, the Company implemented a two-phase cost-reduction program which is expected to reduce annualized expenses by approximately $2,100, including a temporary reduction in certain executive salaries, a decrease in workforce and a decrease in engineering consulting expenses. Prior to April 24, 2015, the Company provided Santander with updated financial information for 2015, which takes into account the full implementation of its cost reduction program. Santander has evaluated such updated financial information and as a result, agreed to enter into the Eighth Amendment described in Note 6 below. The Eighth Amendment is silent with respect to the status of the Temporary Overadvance Facility; however, Santander has advised the Company that the accommodation in the Eighth Amendment by which the advance rate on Eligible Inventory (as defined in the Santander Agreement) was increased from 25% to 35%, is in lieu of both the Temporary Overadvance Facility and any additional accommodations contemplated thereby, as more fully discussed in Note 6 below. Since March 30, 2015, the Company’s liquidity position has improved and it believes that the foregoing credit accommodations, coupled with the enhanced liquidity that should be derived from the implementation of the cost reduction program will be sufficient to alleviate the Company’s short term liquidity pressures. The Company also believes that when the accommodations being provided by Santander pursuant to the Eighth Amendment are terminated, the additional liquidity derived from implementation of the cost reduction program should be sufficient for the Company’s ongoing operations. While there can be no assurance that the foregoing requested accommodations and expense reduction programs will be achieved, the Company believes that it will nevertheless be able to fund its operating activities, anticipated capital expenditures (which will be curtailed during this interim period), and debt repayment obligations for the next twelve months.
	The Company’s primary long-term obligations are for payment of interest and principal on its Revolver and Term Loan, both of which expire on February 1, 2016. The Company expects to use cash generated from operations to meet its long-term debt obligations, and anticipates refinancing its long-term debt obligations at maturity.

Earnings_loss_Per_Share

Earnings (loss) Per Share	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 3- Earnings (loss) Per Share
	Earnings (loss) per share is calculated in accordance with ASC Topic 260 “Earnings Per Share,” which provides for the calculation of “basic” and “diluted” earnings (loss) per share. Basic earnings (loss) per share includes no dilution and is computed by dividing net earnings by the weighted average number of common shares outstanding for the period.  Diluted earnings (loss) per share reflect, in periods in which they have a dilutive effect, the effect of common shares issuable upon exercise of stock options. The diluted share base excludes incremental shares of 841 and 1,756 related to stock options for the three month periods ended March 31, 2015 and 2014, respectively. These shares were excluded due to their antidilutive effect.

New_Accounting_Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Error Corrections [Text Block]	Note 4 – New Accounting Pronouncements
	The FASB, the Emerging Issues Task Force and the SEC have issued certain accounting standards updates and regulations as of March 31, 2015 that will become effective in subsequent periods; however, management of the Company does not believe that any of those updates would have significantly affected the Company’s financial accounting measures or disclosures had they been in effect during 2015 or 2014, and does not believe that any of those pronouncements will have a significant impact on the Company’s consolidated financial statements at the time they become effective.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	Note 5 – Inventories
	Inventories net of reserves are summarized as follows:
		March 31,		December 31,
		2015		2014
	Raw Materials	$	5,341	$	5,151
	Work in process		2,675		3,045
	Finished Goods		6,109		5,487
			14,125		13,683
	Less current inventory		-9,310		-9,257
			4,815		4,426
	Less reserve for slow moving and obsolete inventory		-2,820		-2,798
		$	1,995	$	1,628
	Inventories are stated at the lower of cost, determined by the first-in, first-out (“FIFO”) method, or market.
	The Company periodically analyzes anticipated product sales based on historical results, current backlog and marketing plans. Based on these analyses, the Company anticipates that certain products will not be sold during the next twelve months. Inventories that are not anticipated to be sold in the next twelve months, have been classified as non-current.
	Approximately 69% and 66% of the non-current inventories were comprised of finished goods at both March 31, 2015 and December 31, 2014, respectively. The Company has established a program to use interchangeable parts in its various product offerings and to modify certain of its finished goods to better match customer demands. In addition, the Company has instituted additional marketing programs to dispose of the slower moving inventories.
	The Company continually analyzes its slow-moving, excess and obsolete inventories. Based on historical and projected sales volumes and anticipated selling prices, the Company establishes reserves. Inventory that is in excess of current and projected use is reduced by an allowance to a level that approximates its estimate of future demand. Products that are determined to be obsolete are written down to net realizable value.

Debt

Debt	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Note 6 – Debt
	On August 6, 2008, the Company entered into a Revolving Credit, Term Loan and Security Agreement with Santander Bank, N.A. (formerly known as Sovereign Bank, N.A.) through its Sovereign Business Capital division (“Santander”), pursuant to which the Company obtained an $8,000 credit facility from Santander (the “Santander Financing”). The Company and Santander entered into a series of amendments to the foregoing Revolving Credit, Term Loan and Security Agreement (as so amended, the “Santander Agreement”), including the Seventh Amendment referenced below, which, among other things, adjusted the Santander Financing to $8,783 consisting of (i) a $5,000 asset-based revolving credit facility (“Revolver”) and (ii) a $3,783 term loan facility (“Term Loan”), each expiring on February 1, 2016. The amounts which may be borrowed under the Revolver are based on certain percentages of Eligible Receivables and Eligible Inventory, as such terms are defined in the Santander Agreement. The obligations of the Company under the Santander Agreement are secured by substantially all of the assets of the Company and certain of its subsidiaries.
	Under the Santander Agreement, the Revolver currently bears interest at a rate per annum equal to the prime lending rate announced from time to time by Santander (“Prime”) plus 1.50% or the LIBOR rate plus 4.25%. The Term Loan currently bears interest at a rate per annum equal to Prime plus 1.75% or the LIBOR rate plus 4.50%. Prime was 3.25% at March 31, 2015. LIBOR rate loans under the Santander Agreement may be borrowed for interest periods of one, three or six months. The LIBOR rates for interest periods of one-month, three-months and six-months were 0.17%, 0.25% and 0.36%, respectively, at March 31, 2015. The per annum interest rates above became effective on January 21, 2015, pursuant to the terms of the Seventh Amendment described below.
	On May 14, 2015, the Company entered into the Eighth Amendment to Revolving Credit, Term Loan and Security Agreement with Santander (the “Eighth Amendment”) to amend the Santander Financing. The Eighth Amendment (i) waived the Company’s failure of compliance with the Minimum EBITDA covenant for the three-month period ended March 31, 2015, effective as of March 31, 2015, and (ii) increased the advance rate applicable to Eligible Inventory (as defined in the Santander Agreement) from 25% to 35% through and until September 30, 2015, after which it will revert back to 25%. The Eighth Amendment also contains other customary representations, covenants, terms and conditions. In connection with the Eighth Amendment, the Company paid Santander an amendment fee of $15. The Eighth Amendment is silent with respect to the status of the Temporary Overadvance Facility; however, Santander has advised the Company that the accommodation in the Eighth Amendment by which the advance rate on Eligible Inventory was increased from 25% to 35%, is in lieu of both the Temporary Overadvance Facility and any additional accommodations contemplated thereby, as more fully discussed in the next following paragraph.
	On March 30, 2015, Santander agreed to provide the Company with $500 of additional availability beyond its borrowing base under the Revolver (the “Temporary Overadvance Facility”) during the period April 1, 2015 through April 24, 2015, for which the Company paid Santander an accommodation fee of $2.5. Santander agreed to consider a further accommodation of up to an additional $500 for a more extended period of time based on updated financial information that was to be provided to them prior to April 24, 2015. Under the agreement, If Santander determined that it would not provide the Company with a further accommodation, the Company would be required to eliminate the outstanding balance under the Temporary Overadvance Facility on or before September 30, 2015.
	On January 21, 2015, the Company entered into the Seventh Amendment to Revolving Credit, Term Loan and Security Agreement with Santander (the “Seventh Amendment”) to amend the Santander Financing. The Seventh Amendment (i) extended by one year the Termination Date of the Santander Agreement from February 1, 2015 to February 1, 2016; (ii) continued the installment payments of principal under the Term Loan at the same monthly payment of $18 per month for the additional year until the final payment of unpaid principal and interest is due on February 1, 2016; (iii) increased the interest rates applicable to the Revolver and the Term Loan by one quarter of one percent (0.25%); and (iv) reset and modified the Minimum EBITDA covenant to address the term being extended by one year. The Seventh Amendment also contains other customary representations, covenants, terms and conditions. The Company paid a $15 amendment fee to Santander in connection with the Amendment.
	On March 28, 2014, the Company entered into a Sixth Amendment to Revolving Credit, Term Loan and Security Agreement with Santander (the “Sixth Amendment”) to amend the Santander Financing. The Sixth Amendment (i) reduced the maximum amount available for borrowing under the Revolver from $6,000 to $5,000, (ii) increased the interest rates applicable to the Revolver and the Term Loan by three quarters of one percent, (iii) modified the Company’s fixed charge coverage ratio covenant to eliminate the testing thereof with respect to the trailing 12-month period ended as of December 31, 2013, (iv) eliminated the fixed charge coverage ratio covenant with respect to all periods after December 31, 2013, (v) modified the minimum EBITDA covenant to (a) eliminate the testing thereof with respect to the fiscal year ended December 31, 2013, (b) change the manner of calculation thereof, and (c) imposed a quarterly building minimum EBITDA covenant test, commencing with the fiscal quarter ended on March 31, 2014, and thereafter for the two fiscal quarters ended June 30, 2014, the three fiscal quarters ended September 30, 2014, the four fiscal quarters ended December 31, 2014 and thereafter quarterly on a trailing four fiscal quarter basis, (vi) reduced the advance rate applicable to Eligible Inventory (as defined in the Santander Agreement) from 50% to 35%, with a further reduction in such advance rate to 25% effective on or about June 27, 2014 and (vii) reduced the sublimit on advances against such Eligible Inventory from $3,000 to $2,000. In connection with the Sixth Amendment, the Company paid Santander an amendment fee of $45.
	Upon termination of the Revolver, all outstanding borrowings under the Revolver are due. The outstanding principal balance of the Revolver was $1,695 at March 31, 2015. The Term Loan requires equal monthly principal payments of approximately $18 each, plus interest, with the remaining balance due at maturity. The outstanding principal balance of the Term Loan was $3,730 at March 31, 2015.
	The Santander Agreement contains customary representations and warranties as well as affirmative and negative covenants, including certain financial covenants. The Santander Agreement contains customary events of default, including, among others, non-payment of principal, interest or other amounts when due.

Legal_Proceedings

Legal Proceedings	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Legal Matters and Contingencies [Text Block]	Note 7 – Legal Proceedings
	The Company is a party to certain proceedings incidental to the ordinary course of its business, none of which, in the current opinion of management, is likely to have a material adverse effect on the Company’s business, financial condition, results of operations, or cash flows.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Note 8 – Subsequent Events
	The Company has evaluated subsequent events through the filing of its consolidated financial statements with the SEC.

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories net of reserves are summarized as follows:
		March 31,		December 31,
		2015		2014
	Raw Materials	$	5,341	$	5,151
	Work in process		2,675		3,045
	Finished Goods		6,109		5,487
			14,125		13,683
	Less current inventory		-9,310		-9,257
			4,815		4,426
	Less reserve for slow moving and obsolete inventory		-2,820		-2,798
		$	1,995	$	1,628

Liquidity_Details_Textual

Liquidity (Details Textual) (USD $)	3 Months Ended	1 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Apr. 24, 2015	Dec. 31, 2014	Aug. 06, 2008	Jun. 27, 2014	Apr. 30, 2015
Liquidity [Line Items]
Long-Term Line Of Credit	$1,695		$1,269
Line of Credit Facility, Remaining Borrowing Capacity	1,121
Line of Credit Facility, Expiration Date	1-Feb-16
Expected Decrease in Annual Expenses	2,100
Santander Bank [Member]
Liquidity [Line Items]
Long-Term Line Of Credit				8,000
Maximum [Member]
Liquidity [Line Items]
Revolving Credit Advances Rate					50.00%
Minimum [Member]
Liquidity [Line Items]
Revolving Credit Advances Rate					35.00%
Subsequent Event [Member]
Liquidity [Line Items]
Cash						254
Revolving Credit Facility [Member]
Liquidity [Line Items]
Long-Term Line Of Credit	1,695			5,000
Revolving Credit Facility [Member] | Santander Bank [Member]
Liquidity [Line Items]
Line Of Credit Temporary Over Advance Facility	500
Revolving Credit Facility [Member] | Maximum [Member]
Liquidity [Line Items]
Revolving Credit Advances Rate	50.00%
Revolving Credit Facility [Member] | Maximum [Member] | Eighth Amendment [Member]
Liquidity [Line Items]
Revolving Credit Advances Rate	35.00%
Revolving Credit Facility [Member] | Minimum [Member]
Liquidity [Line Items]
Revolving Credit Advances Rate	25.00%
Revolving Credit Facility [Member] | Minimum [Member] | Eighth Amendment [Member]
Liquidity [Line Items]
Revolving Credit Advances Rate	25.00%
Revolving Credit Facility [Member] | Subsequent Event [Member] | Santander Bank [Member]
Liquidity [Line Items]
Long-Term Line Of Credit						3,037
Line of Credit Facility, Remaining Borrowing Capacity						340
Line Of Credit Temporary Over Advance Facility		$500

Earnings_loss_Per_Share_Detail

Earnings (loss) Per Share (Details Textual)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants	841	1,756

Inventories_Details

Inventories (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Inventory [Line Items]
Raw Materials	$5,341	$5,151
Work in process	2,675	3,045
Finished Goods	6,109	5,487
Inventory, gross	14,125	13,683
Less current inventory	-9,310	-9,257
Inventory Value Before Reserves	4,815	4,426
Less reserve for slow moving and obsolete inventory	-2,820	-2,798
Inventories, net non-current	$1,995	$1,628

Inventories_Details_Textual

Inventories (Details Textual)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Inventory [Line Items]
Percentage Of Fifo Inventory Non Current For Finished Goods	69.00%	66.00%
Inventory Related Text	Inventories are stated at the lower of cost, determined by the first-in, first-out (“FIFO”) method, or market.

Debt_Details_Textual

Debt (Details Textual) (USD $)	0 Months Ended	1 Months Ended	3 Months Ended	12 Months Ended	1 Months Ended
	Aug. 06, 2008	Jun. 27, 2014	Mar. 31, 2015	Dec. 31, 2014	Apr. 24, 2015	Mar. 28, 2014	Apr. 30, 2015
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate Description		25% effective on or about June 27, 2014
Line of Credit Facility, Periodic Payment, Principal			$18,000
Line of Credit Facility, Increase (Decrease), Other, Net	8,783,000
Long-Term Line Of Credit			1,695,000	1,269,000
Line Of Credit Facility Interest Rate Period At One Month			0.17%
Line Of Credit Facility Interest Rate Period At Three Months			0.25%
Line Of Credit Facility Interest Rate Period At Six Months			0.36%
Amendment Fee				45,000
Line of Credit Facility, Interest Rate During Period			3.25%
Maximum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity						6,000,000
Revolving Credit Advances Against Eligible Inventory Eligible				3,000,000
Revolving Credit Advances Rate		50.00%
Minimum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity						5,000,000
Revolving Credit Advances Against Eligible Inventory Eligible				2,000,000
Revolving Credit Advances Rate		35.00%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate Description			Santander (Prime) plus 1.50% or the LIBOR rate plus 4.25%
Long-Term Line Of Credit	5,000,000		1,695,000
Revolving Credit Facility [Member] | Eighth Amendment [Member]
Debt Instrument [Line Items]
Debt Instrument, Fee Amount			15,000
Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Revolving Credit Advances Rate			50.00%
Revolving Credit Facility [Member] | Maximum [Member] | Eighth Amendment [Member]
Debt Instrument [Line Items]
Revolving Credit Advances Rate			35.00%
Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Revolving Credit Advances Rate			25.00%
Revolving Credit Facility [Member] | Minimum [Member] | Eighth Amendment [Member]
Debt Instrument [Line Items]
Revolving Credit Advances Rate			25.00%
Term Loan Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate Description			Prime plus 1.75% or the LIBOR rate plus 4.50%
Line of Credit Facility, Periodic Payment, Principal			18,000
Long-Term Line Of Credit	3,783,000		3,730,000
Amendment Fee			15,000
Debt Instrument, Maturity Date			1-Feb-16
Line of Credit Facility, Interest Rate During Period			0.25%
Santander Bank [Member]
Debt Instrument [Line Items]
Long-Term Line Of Credit	8,000,000
Santander Bank [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line Of Credit Temporary Over Advance Facility			500,000
Santander Bank [Member] | Revolving Credit Facility [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Long-Term Line Of Credit							3,037,000
Line Of Credit Temporary Over Advance Facility					500,000
Debt Instrument, Fee Amount					$2,500