Blonder Tongue Laboratories (BDRL) 10-Q 14 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 06, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	BLONDER TONGUE LABORATORIES INC
Entity Central Index Key	1,000,683
Trading Symbol	BDR
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		9,660,538

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash	$ 444	$ 168
Accounts receivable, net of allowance for doubtful accounts of $130 and $180 as of June 30,2018 and December 31,2017, respectively	1,667	2,621
Inventories, current	5,886	5,496
Prepaid benefit costs	314	314
Prepaid and other current assets	518	351
Total current assets	8,829	8,950
Inventories, net non-current	791	850
Property, plant and equipment, net	3,011	3,106
License agreements, net	9	29
Intangible assets, net	1,355	1,441
Goodwill	493	493
Other assets, net	231	305
Total assets	14,719	15,174
Current liabilities:
Line of credit	1,622	2,487
Current portion of long-term debt	257	249
Accounts payable	1,244	700
Accrued compensation	422	307
Other accrued expenses	198	196
Subordinated convertible debt with related parties	196
Total current liabilities	3,939	3,939
Subordinated convertible debt with related parties		624
Long-term debt, net of current portion	2,975	3,094
Deferred income taxes	104	104
Total liabilities	7,018	7,761
Commitments and contingencies
Stockholders' equity:
Preferred stock, $.001 par value; authorized 5,000 shares; no shares outstanding as of June 30, 2018 and December 31, 2017, respectively
Common stock, $.001 par value; authorized 25,000 shares, 9,914 and 8,465 shares Issued, 9,661 and 8,211 shares outstanding as of June 30, 2018 and December 31, 2017, respectively	9	8
Paid-in capital	27,605	26,920
Accumulated deficit	(18,219)	(17,821)
Accumulated other comprehensive loss	(854)	(854)
Treasury stock, at cost, 253 shares as of June 30, 2018 and December 31, 2017, respectively	(840)	(840)
Total stockholders' equity	7,701	7,413
Total liabilities and stockholders' equity	$ 14,719	$ 15,174

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 130	$ 180
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000	5,000
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	25,000	25,000
Common stock, shares issued	9,914	8,465
Common stock, shares outstanding	9,661	8,211
Treasury stock, shares	253	253

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Net sales	$ 5,277	$ 6,164	$ 10,640	$ 12,137
Cost of goods sold	3,086	4,039	6,226	7,611
Gross profit	2,191	2,125	4,414	4,526
Operating expenses:
Selling	608	631	1,211	1,310
General and administrative	1,157	988	2,033	1,916
Research and development	643	644	1,300	1,272
Total operating expenses	2,408	2,263	4,544	4,498
(Loss) earnings from operations	(217)	(138)	(130)	28
Other Expense - net	(118)	(93)	(268)	(373)
Change in derivative liability				(142)
Loss before income taxes	(335)	(231)	(398)	(487)
Provision for income taxes
Net loss	$ (335)	$ (231)	$ (398)	$ (487)
Basic and diluted net loss per share	$ (0.04)	$ (0.03)	$ (0.05)	$ (0.06)
Basic and diluted weighted averages shares outstanding	8,905	8,122	8,560	8,122

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash Flows From Operating Activities:
Net loss	$ (398)	$ (487)
Adjustments to reconcile net loss to cash provided by operating activities:
Stock compensation expense	231	152
Depreciation	157	163
Amortization	111	204
Recovery of bad debt expense	(50)
Amortization of loan fees	72
Non cash interest expense	27	211
Change in derivative liability		142
Changes in operating assets and liabilities:
Accounts receivable	1,004	(71)
Inventories	(331)	(107)
Prepaid and other current assets	(167)	11
Other assets	2	48
Accounts payable, accrued compensation and other accrued expenses	661	(50)
Net cash provided by operating activities	1,319	216
Cash Flows From Investing Activities:
Purchases of property and equipment	(47)	(44)
Acquisition of licenses	(5)	(25)
Net cash used in investing activities	(52)	(69)
Cash Flows From Financing Activities:
Net repayments of line of credit	(865)	(148)
Repayments of debt	(126)	(106)
Net cash used in financing activities	(991)	(254)
Net increase (decrease) in cash	276	(107)
Cash, beginning of period	168	468
Cash, end of period	444	361
Supplemental Cash Flow Information:
Cash paid for interest	180	137
Non cash investing and financing activities:
Capital expenditures financed by notes payable	15
Conversion of subordinated convertible debt to common stock	$ 455

Company and Basis of Consolidat

Company and Basis of Consolidation	6 Months Ended
	Jun. 30, 2018
Company and Basis of Consolidation [Abstract]
Company and Basis of Consolidation	Note 1 - Company and Basis of Consolidation Blonder Tongue Laboratories, Inc. (together with its consolidated subsidiaries, the “ Company The accompanying unaudited condensed consolidated financial statements as of June 30, 2018 and for the three and six months then ended have been prepared in accordance with accounting principles generally accepted in the United States of America (“ GAAP SEC

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2018
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2- Summary of Significant Accounting Policies (a) Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s significant estimates include stock compensation and reserves related to accounts receivable, inventories and deferred tax assets. Actual results could differ from those estimates. (b) Derivative Financial Instruments The Company evaluates its convertible instruments to determine if those contracts or embedded components of those contracts qualify as derivative financial instruments to be separately accounted for in accordance with Topic 815 of the Financial Accounting Standards Board (“ FASB “ASC The Black-Scholes Model (which approximates the Binomial Lattice Model) was used to estimate the fair value of the conversion options that is classified as a derivative liability on the condensed consolidated balance sheets. See Note 6 of the Notes to Condensed Consolidated Financial Statements. The model includes subjective input assumptions that can materially affect the fair value estimates. The expected volatility is estimated based on the most recent historical period of time equal to the weighted average life of the conversion options. Conversion options are recorded as a discount to the host instrument and are amortized as interest expense over the life of the underlying instrument. (c) Fair Value of Financial Instruments The Company measures fair value of its financial assets on a three-tier value hierarchy, which prioritizes the inputs, used in the valuation methodologies in measuring fair value: ● Level 1 – Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 – Other inputs that are directly or indirectly observable in the marketplace. ● Level 3 – Unobservable inputs which are supported by little or no market activity. The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. (d) 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 potential issuances of common shares. The diluted share base excludes incremental shares related to stock options, restricted stock and convertible debt of 1,187 and 3,049 for the three-month periods ended June 30, 2018 and 2017, respectively and 2,170 and 2,853 for the six-month periods ended June 30, 2018 and 2017, respectively. These shares were excluded due to their antidilutive effect. (e) Adoption of Recent Accounting Pronouncements On January 1, 2018, the Company adopted Accounting Standards Update (“ ASU Topic 605 (f) Accounting Pronouncements Issued But Not Yet Effective In February 2016, the FASB ASU No. 2016-02, Leases (“ Topic 842 ”) Leases Topic 840 In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other Topic 350 Simplifying the Test for Goodwill Impairment In February 2018, the FASB issued ASU No. 2018-02, Income Statement – Reporting Comprehensive Income Topic 220 : Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income ASU 2018-02

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2018
Revenue Recognition [Abstract]
Revenue Recognition	Note 3– Revenue Recognition The adoption of Topic 606 represents a change in accounting principle that will provide financial statement readers with enhanced revenue recognition disclosures. In accordance with Topic 606, the Company recognizes revenue when goods or services are transferred to customers in an amount that reflects the consideration which it expects to receive in exchange for those goods or services. In determining when and how revenue is recognized from contracts with customers, the Company performs the following five-step analysis: (i) identification of contract with customer; (ii) determination of performance obligations; (iii) measurement of the transaction price; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation. The Company generates revenue through the sale of products and services. Revenue from the sale of products and services is recorded when the performance obligation is fulfilled, usually at the time of shipment or when the service is provided, at the net sales price (transaction price). Estimates of variable consideration, such as volume discounts and rebates, are reviewed and revised periodically by management. The Company elected to present revenue net of sales tax and other similar taxes and account for shipping and handling activities as fulfillment costs rather than separate performance obligations. Payments are typically due in 30 days, following delivery of products or completion of services. Disaggregation of Revenue The following table presents the Company’s disaggregated revenues by revenue source: For the three months ended For the six months ended Digital video headend products $ 2,542 $ 5,085 Data products 1,055 2,454 HFC distribution products 761 1,502 Analog video headend products 493 823 Contract manufactured products 155 379 Other 271 397 $ 5,277 $ 10,640 All of the Company’s sales are to customers located in North America. The Company is a technology-development and manufacturing company that delivers a wide range of products and services to the cable entertainment and media industry. Digital video headend products (including encoders) are used by a system operator for acquisition, processing, compression, encoding and management of digital video. Data products give service providers, integrators, and premises owners a means to deliver data, video, and voice-over-coaxial in locations such as hospitality, MDU's, and college campuses, using IP technology. HFC distribution products are used to transport signals from the headend to their ultimate destination in a home, apartment unit, hotel room, office or other terminal location along a fiber optic, coax or HFC distribution network. Analog video headend products are used by a system operator for signal acquisition, processing and manipulation to create an analog channel lineup for further transmission. Contract-manufactured products, provides manufacturing, research and development and product support services for other companies’ products. The Company also provides technical services, including hands-on training, system design engineering, on-site field support and complete system verification testing.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2018
Inventories [Abstract]
Inventories	Note 4 – Inventories Inventories are summarized as follows: June 30, December 31, Raw Materials $ 2,040 $ 1,869 Work in process 1,934 1,793 Finished Goods 2,703 2,684 6,677 6,346 Less current inventories (5,886 ) (5,496 ) $ 791 $ 850 Inventories are stated at the lower of cost, determined by the first-in, first-out (“ FIFO 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 52% and 51% of the non-current inventories were comprised of finished goods at June 30, 2018 and December 31, 2017, 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 and excess inventories. Based on historical and projected sales volumes for finished goods, historical and projected usage of raw materials and anticipated selling prices, the Company writes down inventory to net realizable value. 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	6 Months Ended
	Jun. 30, 2018
Debt [Abstract]
Debt	Note 5 – Debt On December 28, 2016, the Company entered into a Loan and Security Agreement (the “ Sterling Agreement Sterling Sterling Facility Revolver Term Loan First Amendment The Sterling Agreement contains customary covenants, including restrictions on the incurrence of additional indebtedness, encumbrances on the Company’s assets, the payment of cash dividends or similar distributions, the repayment of any subordinated indebtedness and the sale or other disposition of the Company’s assets. In addition, the Company must maintain (i) a fixed charge coverage ratio of not less than 1.1 to 1.0 for any fiscal month (determined as of the last day of each fiscal month on a rolling twelve-month basis, as calculated for the Company and its consolidated subsidiaries) and (ii) a leverage ratio of not more than 2.0 to 1.0 for any fiscal month (determined as of the last day of each fiscal month, as calculated for the Company and its consolidated subsidiaries. At June 30, 2018, the Company was in compliance with all financial covenants under the Sterling Agreement.

Subordinated Convertible Debt w

Subordinated Convertible Debt with Related Parties	6 Months Ended
	Jun. 30, 2018
Subordinated Convertible Debt with Related Parties [Abstract]
Subordinated Convertible Debt with Related Parties	Note 6 – Subordinated Convertible Debt with Related Parties On March 28, 2016, the Company and its wholly-owned subsidiary, R.L. Drake Holdings, LLC ( “Drake” Agent Subordinated Lenders Subordinated Loan Agreement Subordinated Loan Facility PIK Interest Subordinated Mortgage” On April 17, 2018, Robert J. Pallé and Carol Pallé exercised their conversion rights and converted $455 ($350 principal and $105 of accrued interest) of their loan (representing the entire amount of principal and interest outstanding and held by Mr. and Mrs. Pallé on that date) into 842 shares of the Company’s common stock. In connection with the Subordinated Loan Agreement, the Company, Drake, the Subordinated Lenders and Sterling entered into a Subordination Agreement (the “ Subordination Agreement As of both June 30, 2018 and December 31, 2017, the Subordinated Lenders had advanced $500 to the Company. In addition, $151 and $124 of PIK interest was accrued as of June 30, 2018 and December 31, 2017, respectively. As noted above, in April 2018, $455 under the Subordinated Loan Facility was converted by certain Subordinated Lenders. The Company evaluated the conversion option embedded in the Subordinated Loan Agreement issued in December 2016 in accordance with the provisions of ASC Topic 815, Derivatives and Hedging Price Protection Provision First Sub-Debt Amendmen

Issuance of Restricted Common S

Issuance of Restricted Common Stock	6 Months Ended
	Jun. 30, 2018
Issuance of Restricted Common Stock [Abstract]
Issuance of Restricted Common Stock	Note 7 – Issuance of Restricted Common Stock In connection with the hiring of the Company’s new Executive Vice President and Chief Operating Officer (the “ COO

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions	Note 8 – Related Party Transactions A and shareholder of the Company is a partner of a law firm that serves as outside legal counsel for the Company. During the three and six month periods ended June 30, 2018 and 2017, this law firm billed the Company approximately $304, $401, $156 and $290, respectively for legal services provided by this firm. Included in accounts payable on the accompanying balance sheets at June 30, 2018 and December 31, 2017, is approximately $203 and $25, respectively, owed to this law firm.

Concentration of Credit Risk

Concentration of Credit Risk	6 Months Ended
	Jun. 30, 2018
Concentration of Credit Risk [Abstract]
Concentration of Credit Risk	Note 9 – Concentration of Credit Risk During the three and six months ended June 30, 2018, one customer represented approximately 26% and 26% and one customer represented approximately 14% and 15% of the Company’s net sales, respectively. During the three and six months ended June 30, 2017, one customer represented approximately 42% and 34% and one customer represented approximately 12% and 14% of the Company’s net sales, respectively. At June 30, 2018, one customer represented approximately 24%, one customer represented approximately 12% and one customer represented approximately 11% of the Company’s net accounts receivable. At December 31, 2017, one customer represented approximately 26%, one customer represented approximately 19% and two customers each represented approximately 10% of the Company’s net accounts receivable.

Legal Proceedings

Legal Proceedings	6 Months Ended
	Jun. 30, 2018
Legal Proceedings [Abstract]
Legal Proceedings	Note 10 - Legal Proceedings The Company is a party to certain proceedings incidental to the ordinary course of its business, none of which, in the 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	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	Note 11 – Subsequent Events The Company evaluates events that have occurred after the balance sheet date but before the financial statements are issued. Based upon the evaluation, the Company did not identify any recognized or non-recognized subsequent events that would require adjustment to or disclosure in the condensed consolidated financial statements.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
Summary of Significant Accounting Policies [Abstract]
Use of Estimates	(a) Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s significant estimates include stock compensation and reserves related to accounts receivable, inventories and deferred tax assets. Actual results could differ from those estimates.
Derivative Financial Instruments	(b) Derivative Financial Instruments The Company evaluates its convertible instruments to determine if those contracts or embedded components of those contracts qualify as derivative financial instruments to be separately accounted for in accordance with Topic 815 of the Financial Accounting Standards Board (“ FASB “ASC The Black-Scholes Model (which approximates the Binomial Lattice Model) was used to estimate the fair value of the conversion options that is classified as a derivative liability on the condensed consolidated balance sheets. See Note 6 of the Notes to Condensed Consolidated Financial Statements. The model includes subjective input assumptions that can materially affect the fair value estimates. The expected volatility is estimated based on the most recent historical period of time equal to the weighted average life of the conversion options. Conversion options are recorded as a discount to the host instrument and are amortized as interest expense over the life of the underlying instrument.
Fair Value of Financial Instruments	(c) Fair Value of Financial Instruments The Company measures fair value of its financial assets on a three-tier value hierarchy, which prioritizes the inputs, used in the valuation methodologies in measuring fair value: ● Level 1 – Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 – Other inputs that are directly or indirectly observable in the marketplace. ● Level 3 – Unobservable inputs which are supported by little or no market activity. The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
Earnings (loss) Per Share	(d) 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 potential issuances of common shares. The diluted share base excludes incremental shares related to stock options, restricted stock and convertible debt of 1,187 and 3,049 for the three-month periods ended June 30, 2018 and 2017, respectively and 2,170 and 2,853 for the six-month periods ended June 30, 2018 and 2017, respectively. These shares were excluded due to their antidilutive effect.
Adoption of Recent Accounting Pronouncements	(e) Adoption of Recent Accounting Pronouncements On January 1, 2018, the Company adopted Accounting Standards Update (“ ASU Topic 605
Accounting Pronouncements Issued But Not Yet Effective	(f) Accounting Pronouncements Issued But Not Yet Effective In February 2016, the FASB ASU No. 2016-02, Leases (“ Topic 842 ”) Leases Topic 840 In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other Topic 350 Simplifying the Test for Goodwill Impairment In February 2018, the FASB issued ASU No. 2018-02, Income Statement – Reporting Comprehensive Income Topic 220 : Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income ASU 2018-02

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2018
Revenue Recognition [Abstract]
Schedule of disaggregated revenues	For the three months ended For the six months ended Digital video headend products $ 2,542 $ 5,085 Data products 1,055 2,454 HFC distribution products 761 1,502 Analog video headend products 493 823 Contract manufactured products 155 379 Other 271 397 $ 5,277 $ 10,640

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2018
Inventories [Abstract]
Summary of inventories	June 30, December 31, Raw Materials $ 2,040 $ 1,869 Work in process 1,934 1,793 Finished Goods 2,703 2,684 6,677 6,346 Less current inventories (5,886 ) (5,496 ) $ 791 $ 850

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Summary of Significant Accounting Policies (Textual)
Incremental shares related to stock options, restricted stock and convertible debt	1,187	3,049	2,170	2,853

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Disaggregated revenues	$ 5,277	$ 6,164	$ 10,640	$ 12,137
Digital video headend products [Member]
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Disaggregated revenues	2,542		5,085
Data products [Member]
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Disaggregated revenues	1,055		2,454
HFC distribution products [Member]
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Disaggregated revenues	761		1,502
Analog video headend products [Member]
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Disaggregated revenues	493		823
Contract manufactured products [Member]
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Disaggregated revenues	155		379
Other [Member]
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Disaggregated revenues	$ 271		$ 397

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Summary of inventories
Raw Materials	$ 2,040	$ 1,869
Work in process	1,934	1,793
Finished Goods	2,703	2,684
Inventories, gross	6,677	6,346
Less current inventories	(5,886)	(5,496)
Inventories, net	$ 791	$ 850

Inventories (Details Textual)

Inventories (Details Textual)	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Inventories (Textual)
Percentage of finished goods in non-current inventories	52.00%	51.00%
Description of inventory's method	Inventories are stated at the lower of cost, determined by the first-in, first-out ("FIFO") method, or net realizable value.

Debt (Details)

Debt (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Dec. 28, 2016
Debt (Textual)
Outstanding balances under revolver	$ 1,622	$ 2,487
Outstanding balances under term loan	$ 3,169	$ 3,286
Sterling [Member]
Debt (Textual)
Term loan facility			$ 8,500
Subordinated indebtedness, description	(i) a fixed charge coverage ratio of not less than 1.1 to 1.0 for any fiscal month (determined as of the last day of each fiscal month on a rolling twelve-month basis, as calculated for the Company and its consolidated subsidiaries) and (ii) a leverage ratio of not more than 2.0 to 1.0 for any fiscal month
Sterling facility, maturity date	Dec. 31, 2019
Sterling [Member] | Revolver [Member]
Debt (Textual)
Term loan facility			5,000
Interest on revolver - margin	4.00%
Variable rate basis, description	Interest on the Revolver is variable, based upon the 30-day LIBOR rate (2.09% at June 30, 2018) plus a margin of 4.00%.
Sterling [Member] | Term Loan [Member]
Debt (Textual)
Term loan facility			$ 3,500
Interest on revolver - margin	4.50%
Term loan Amortize rate per month	$ 19
Variable rate basis, description	Interest on the Term Loan also is variable, based upon the 30-day LIBOR rate (2.09% at June 30, 2018) plus a margin of 4.50%.

Subordinated Convertible Debt25

Subordinated Convertible Debt with Related Parties (Details) - Subordinated Loan Facility [Member] - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended			3 Months Ended			6 Months Ended
	Apr. 30, 2018	Apr. 17, 2018	Mar. 28, 2016	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Subordinated Convertible Debt with Related Parties (Textual)
Subordinated loan maximum amount borrowing facility			$ 750
Minimum amount of advances that may be drawn			$ 50
Subordinated loan facility, interest accrued interest per annum			12.00%
Conversion price of loan into shares			$ 0.54
Subordinated loan advance				$ 500			$ 500		$ 500
Accrued PIK interest				151			151		$ 124
Derivative liability										$ 260
Change in derivative liability (expense)					$ (142)
Modification in additional paid-in capital due to change in derivative liability					$ 402
Conversion of loan amount	$ 455	$ 455
Principal amount		350
Accrued interest		$ 105		$ 8		$ 27	$ 17	$ 34
Common stock shares converted		842

Issuance of Restricted Common26

Issuance of Restricted Common Stock (Details) - Chief Operating Officer [Member]	Apr. 23, 2018$ / sharesshares
Issuance of Restricted Common Stock (Textual)
Shares of restricted common stock	400
Common stock, per share price | $ / shares	$ 1.05
Number of shares vested	100
Employment vesting, description	Vesting on each of the first four one-year anniversaries of his first day of employment with the Company.

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Related Party Transactions (Textual)
Legal services	$ 304	$ 156	$ 401	$ 290
Accounts payable	$ 203		$ 203		$ 25

Concentration of Credit Risk (D

Concentration of Credit Risk (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
One Customer [Member]
Concentration of Credit Risk (Textual)
Concentration risk, percentage	26.00%	42.00%	26.00%	34.00%
Sales Revenue, Net [Member] | One Customer [Member]
Concentration of Credit Risk (Textual)
Concentration risk, percentage	14.00%	12.00%	15.00%	14.00%
Accounts Receivable [Member] | Customer One [Member]
Concentration of Credit Risk (Textual)
Concentration risk, percentage			24.00%		26.00%
Accounts Receivable [Member] | Customer Two [Member]
Concentration of Credit Risk (Textual)
Concentration risk, percentage			12.00%		19.00%
Accounts Receivable [Member] | Customer Three [Member]
Concentration of Credit Risk (Textual)
Concentration risk, percentage			11.00%		10.00%
Accounts Receivable [Member] | Customer Four [Member]
Concentration of Credit Risk (Textual)
Concentration risk, percentage					10.00%