Ag&e (WGA) 10-K 23 Mar 15 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
In Thousands, except Share data in Millions, unless otherwise specified	Dec. 31, 2014	Mar. 09, 2015
Entity Registrant Name	AG&E HOLDINGS INC.
Entity Central Index Key	105608
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		11.68
Entity Public Float		$10,044
Document Type	10-K
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Amendment Flag	FALSE

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
Current Assets:
Cash	$6,859,000	$464,000
Accounts receivable, net of allowances of $110 in 2014 and $162 in 2013	2,019,000	7,481,000
Accounts receivable, subcontractor	0	4,062,000
Inventory	4,079,000	11,840,000
Current deferred tax asset, net	0	170,000
Prepaid expenses & other assets	432,000	650,000
Total current assets	13,389,000	24,667,000
Property, Plant & Equipment (at cost):
Leasehold improvements	550,000	558,000
Machinery, equipment & software	2,863,000	8,920,000
less: Accumulated depreciation & amortization	-3,344,000	-9,318,000
Property, plant & equipment, net	69,000	160,000
Other Assets:
Deferred tax asset, net	0	327,000
Other long term receivable	96,000	231,000
Goodwill	0	1,329,000
Total other assets	96,000	1,887,000
Total Assets	13,554,000	26,714,000
Current Liabilities:
Accounts payable	783,000	3,058,000
Accounts payable, subcontractor	0	4,046,000
Accrued expenses	1,687,000	1,445,000
Total current liabilities	2,470,000	8,549,000
Note payable	0	1,598,000
Total long-term liabilities	0	1,598,000
Total Liabilities	2,470,000	10,147,000
Shareholders' Equity:
$1 par value; 25,000,000 shares authorized; 11,680,395 shares issued and outstanding at December 31, 2014 11,700,286 shares issued and outstanding at December 31, 2013	11,680,000	11,700,000
Capital in excess of par value	5,118,000	5,157,000
Accumulated deficit	-5,580,000	-73,000
Unearned compensation	-134,000	-217,000
Total Shareholders' Equity	11,084,000	16,567,000
Total Liabilities & Shareholders’ Equity	$13,554,000	$26,714,000

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Accounts receivable, allowances	$110	$162
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, par value (in dollars per share)	$1	$1
Common stock, shares issued (in shares)	11,680,395	11,700,286
Common stock, shares outstanding (in shares)	11,680,395	11,700,286

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Net sales	$21,924,000	$28,227,000	$13,180,000
Cost of sales	17,672,000	23,400,000	10,396,000
Gross margin	4,252,000	4,827,000	2,784,000
Engineering, selling & administrative	4,819,000	5,559,000	5,823,000
Goodwill impairment	1,329,000	0	0
Operating loss	-1,896,000	-732,000	-3,039,000
Other expense (income):
Interest	29,000	77,000	113,000
Other income	-18,000	-10,000	-1,000
Loss before income tax	-1,907,000	-799,000	-3,151,000
Income tax expense (benefit)	539,000	-8,000	15,000
Net loss from continuing operations	-2,446,000	-791,000	-3,166,000
Discontinued Operations and Disposal Groups [Abstract]
(Loss) earnings from discontinued operations	-916,000	1,442,000	3,330,000
Loss on sale of assets	-2,145,000	0	0
Discontinued operations, net of income taxes	-3,061,000	1,442,000	3,330,000
Net (loss) income	($5,507,000)	$651,000	$164,000
Basic and Diluted net earnings per common share
Continuing operations (in dollars per share)	($0.21)	($0.06)	($0.27)
Discontinued operations (in dollars per share)	($0.26)	$0.12	$0.28
Net (loss) income per share (in dollars per share)	($0.47)	$0.06	$0.01
Basic common weighted shares outstanding (in shares)	11,738,867	11,707,043	11,655,060
Diluted common weighted shares outstanding (in shares)	11,738,867	11,707,887	11,658,246

Consolidated_Statements_of_Sha

Consolidated Statements of Shareholders' Equity (USD $)	Total	Additional Paid-in Capital [Member]	Common Stock [Member]	Deferred Compensation, Share-based Payments [Member]	Retained Earnings [Member]
Balance at Dec. 31, 2011	$15,561,000	$5,051,000	$11,594,000	($195,000)	($889,000)
Net earnings	164,000				164,000
Issuance / forfeiture of stock awards (net)	0	74,000	61,000	-135,000
Stock options exercised	18,000	7,000	11,000
Amortization of unearned compensation	83,000			83,000
Balance at Dec. 31, 2012	15,826,000	5,132,000	11,666,000	-247,000	-725,000
Net earnings	651,000				651,000
Issuance / forfeiture of stock awards (net)	-13,000	19,000	22,000	-54,000
Stock options exercised	18,000	7,000	11,000
Amortization of unearned compensation	72,000			85,000
Balance at Dec. 31, 2013	16,567,000	5,158,000	11,699,000	-216,000	-74,000
Net earnings	-5,507,000				-5,507,000
Issuance / forfeiture of stock awards (net)	-65,000	-39,000	-20,000	-6,000
Amortization of unearned compensation	9,000			89,000
Balance at Dec. 31, 2014	$11,084,000	$5,119,000	$11,679,000	($133,000)	($5,581,000)

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net (loss) earnings	($5,507,000)	$651,000	$164,000
Net (loss) earnings from discontinued operations	-3,061,000	1,442,000	3,330,000
Net loss from continuing operations	-2,446,000	-791,000	-3,166,000
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	49,000	127,000	160,000
Bad debt recoveries	-20,000	-32,000	-33,000
Amortization of unearned compensation	9,000	72,000	83,000
Goodwill impairment	1,329,000	0	0
Loss on sale of fixed assets	7,000	0	0
Increase in long term receivable	135,000	-182,000	-49,000
Deferred income tax	497,000	-28,000	2,000
Changes in current assets & liabilities:
Accounts receivable, net	2,635,000	-1,607,000	-2,249,000
Inventory	-130,000	511,000	-3,896,000
Prepaid expenses & other	-61,000	107,000	-74,000
Accounts payable, net	-1,860,000	-853,000	3,112,000
Accrued expenses	313,000	405,000	-244,000
Discontinued Operations and Disposal Groups [Abstract]
Net cash provided by discontinued operating activities	416,000	4,082,000	4,401,000
Net cash provided by (used in) operating activities	873,000	1,811,000	-1,953,000
Cash flows provided by (used in) investing activities:
Proceeds from sale of discontinued operations	7,146,000	0	0
Additions to property, plant & equipment, net	-26,000	-30,000	-160,000
Net cash provided by (used in) investing activities	7,120,000	-30,000	-160,000
Cash flows from financing activities:
(Repayments) Borrowings from note payable	-1,598,000	-2,103,000	2,642,000
Proceeds from stock issued & options exercised	0	18,000	18,000
Net cash (used in) provided by financing activities	-1,598,000	-2,085,000	2,660,000
Net increase (decrease) in cash	6,395,000	-304,000	547,000
Cash at beginning of year	464,000	768,000	221,000
Cash at end of year	6,859,000	464,000	768,000
Supplemental cash flows disclosure:
Income taxes paid	0	2,000	11,000
Interest paid	$30,000	$77,000	$113,000

Note_1_Description_of_the_Busi

Note 1 - Description of the Business	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Nature of Operations [Text Block]	Note 1. DESCRIPTION OF THE BUSINESS
	Founded in 1925 as an Illinois corporation, the Company has been a global distributor and manufacturer of liquid crystal display (LCD) video monitors and other related parts for a variety of markets including, but not limited to, gaming machine manufacturers, coin-operated video game manufacturers and other display integrators.
	On September 12, 2014, however, the Company sold its LCD monitor business operations and changed its name to AG&E Holdings Inc.
	The Company retained its distribution operations, which operate under the American Gaming & Electronics (“AG&E”) name. The AG&E distribution operations consist of parts, repair and service, and replacement monitor distribution to casinos throughout the United States and Video Gaming Terminals distribution in Illinois.
	Going forward, the continuing operations portion of our financial statements will reflect only the AG&E distribution operations plus public company and other corporate expenses. The Company’s prior LCD monitor business operations will be shown as discontinued operations.

Note_2_Summary_of_Significant_

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Principles of Consolidation
	The financial statements of the Company include the accounts of AG&E Holdings Inc. and its wholly-owned subsidiary, American Gaming & Electronics, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation.
	Management Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP USA) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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. Actual results could differ from those estimates.
	Revenue Recognition
	In general, the Company recognizes revenue when the following criteria are met: evidence of an arrangement between the Company and its customer exists, shipment has occurred or services have been rendered, the sales price is fixed and determinable and collectability is reasonably assured. Generally, these terms are met upon shipment.
	Revenue from video gaming terminal sales with standard payment terms is recognized upon the passage of title and transfer of the risk of loss. The Company recognizes revenue even if it retains a form of title to products delivered to customers, provided the sole purpose is to enable the Company to recover the products in the event of a customer payment default and the arrangement does not prohibit the customer’s use of the product in the ordinary course of business.
	Financial Instruments
	The fair value of the Company’s financial instruments does not materially vary from the carrying value of such instruments.
	Receivables
	Receivables are carried at original invoice or closing statement amount less estimates made for doubtful receivables. Management determines the allowances for doubtful accounts by reviewing and identifying troubled accounts on a monthly basis and by using historical experience applied to an aging of accounts. A receivable is considered to be past due if any portion of the receivable balance is outstanding past terms which are normally 30 to 60 days. Receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received.
	Inventory Obsolescence & Costing Methods
	The Company uses an average cost method to value inventory. The Company provides an allowance for estimated obsolete or excess inventory based on assumptions about future demands for its products.
	Property, Plant & Equipment
	Property, plant and equipment are stated at cost and are depreciated and amortized for financial reporting purposes over the estimated useful lives on a straight-line basis as follows: machinery & equipment - five to fifteen years and leasehold improvements - shorter of lease term or estimated useful life. Capitalized software costs are amortized on a straight-line basis over the expected economic life of the software of three to seven years.
	Goodwill
	The Company accounts for its goodwill resulting from its purchase of American Gaming and Electronics, Inc. in conformity with GAAP USA
	.
	GAAP USA requires that goodwill not be amortized, but instead be tested for impairment at least annually, which the Company does annually in the fourth quarter or more often if circumstances warrant. The Company determined that there was no impairment of goodwill in 2013 by utilization of a discounted cash flow analysis. The Company reviewed its future projections for the AG&E distribution operations at the end of the third quarter 2014. It appeared that Chicago would not approve video gaming terminals (VGTs) for the foreseeable future and that no new states will be added until at least the second half of 2016 or sometime in 2017. AG&E also has higher operating expense, since it will be absorbing all the public company and other corporate expense previously charged to its discontinued operations. By utilization of a discounted cash flow analysis which takes into account projected sales and expenses, the Company determined that the AG&E goodwill was impaired, which resulted in a charge to the third quarter of $1.33 million.
	Income Taxes
	The Company uses the asset and liability method of accounting for income taxes. Under the asset and liability method, the Company recognizes deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts and the tax basis of existing assets and liabilities. The Company records a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not.
	Earnings
	Per Share
	Basic earnings per share is based on the weighted-average number of common shares outstanding whereas diluted earnings per share includes the dilutive effect of unexercised common stock options and warrants. Potentially dilutive securities are excluded from diluted earnings per share calculations for periods with a net loss.
	Stock Based Compensation
	At December 31, 2014, the Company has one stock-based compensation plan, which is described more fully in Note 6. The Company accounts for these plans under the recognition and measurement principles of GAAP USA.
	Subsequent Events
	The Company evaluated subsequent events through the date the financial statements were issued.
	Recently Issued Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board (FASB) issued guidance on the recognition of revenue from contracts with customers. Revenue recognition will depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also requires disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application. The guidance is effective January 1, 2017 and early adoption is not permitted. The company is currently evaluating the impact of the new guidance and the method of adoption in the consolidated financial results.
	In August 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-15, “Presentation of Financial Statements-Going Concern (Topic 205-40)” (“ASU 2014-15”). Under the standard, management is required to evaluate for each annual and interim reporting period whether it is a probable that the entity will not be able to meet its obligations as they become due within one year after the date that financial statements are issued, or are available to be issued, where applicable. ASU 2014-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and early adoption is permitted. Accordingly, the standard is effective for the Company on January 1, 2017. The Company does not believe that the pronouncement will have a material impact on the Company's financial statements.

Note_3_Discontinued_Operations

Note 3 - Discontinued Operations	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Note
	3
	.
	DISCONTINUED OPERATIONS
	On September 12, 2014, the Company sold its LCD monitor business operations to HT Precision Technologies U.S., Inc a wholly owned subsidiary of HT Precision Technologies, Inc. of Taiwan for approximately $7.2 million in cash ($7.1 million cash received as of December 31, 2014). Due to the divestiture of the LCD business, reporting of this business has been included in discontinued operations for all periods presented.
	The following is a reconciliation of the net loss on the sale of the assets:
				(in $000’s)
	Accounts receivable		$	4,791
	Inventory		$	6,043
	Other assets		$	170
	Liabilities transferred		$	(1,624	)
	Net assets transferred		$	9,380
	Cash purchase price		$	7,235
	Net loss on sale of assets		$	(2,145	)
	The following amounts related to the discontinued operations were derived from historical financial information and have been segregated from continuing operations and reported as discontinued operations in the Condensed Consolidated Statement of Earnings:
	Years Ended December 31,
	(in $000’s
	)
			20			2013		2012
			14
	Net sales		$	14,498		$	29,688	$	37,938
	(Loss) earnings from discontinued operations (1)			(916	)		1,442		3,330
	Loss on sale of assets			(2,145	)		0		0
	Discontinued operations, net of $0 income taxes			(3,061	)		1,442		3,330
		-1	Including transaction costs

Note_4_Inventory

Note 4 - Inventory	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note
	4
	. INVENTORY
	Net inventory, which includes a valuation reserve of $100, $1,463 and $1,377 in 2014, 2013 and 2012, respectively, consisted of the following components:
		December 31,
	(in $000's)	20		2013		2012
		14
	Raw materials	$	597	$	3,009	$	2,662
	Intransit finished goods	$	0	$	2,291	$	950
	Finished goods	$	3,482	$	6,540	$	7,205
	Total	$	4,079	$	11,840	$	10,817

Note_5_Debt

Note 5 - Debt	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Debt Disclosure [Text Block]	Note
	5
	. DEBT
	On March 08, 2013, the Company signed an amendment to extend the term of the credit agreement with Wells Fargo Bank one year to August 21, 2016. The total credit line of $12 million and the annual maintenance fees remained the same while the interest rate was lowered to Libor plus 275 basis points. Substantially all assets of the Company were secured as collateral for this credit facility and the Company was required to maintain certain financial covenants including minimum net earnings, maximum capital expenditures and maximum compensation increases. The amendment decreased the year end minimum earnings covenant to $200,000 for 2013 and all future years. At December 31, 2013, the Company had total outstanding bank debt of $1.6 million at a combined average interest rate of 3.0%. On October 30, 2014, the Company terminated the credit facility with Wells Fargo Bank. Therefore, as of December 31, 2014, the Company had no outstanding bank debt. As a result of having zero debt on December 31, 2014 and the cancellation of the line of credit, the Company does not have any bank covenants for the 4th quarter 2014.

Note_6_Stock_Plans

Note 6 - Stock Plans	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note
	6
	. STOCK PLANS
	The Company maintains an Incentive Stock Option and Stock Award Plan under which officers and key employees may acquire up to a maximum of 2,155,028 common shares.
	Stock Options
	Under the Incentive Stock Option Plan, which expired in 2008, no options have been awarded since 2004. At December 31, 2014 there are no options outstanding as all remaining options expired unexercised in April 2014.
	Restricted Shares
	All shares granted are governed by the Company’s Stock Award Plan, which was approved by shareholders in 2000 and amended in 2009. The employees can earn the restricted shares in exchange for services to be provided to the Company over a three year or five-year vesting period. The fair value of restricted shares is based on the market price on the grant date. In 2014 and 2013, the Company granted 71,000 and 64,000 restricted shares, respectively, with weighted average grant date fair values of $1.78 and $1.99, respectively. The compensation cost related to the stock awards is expensed on a straight-line basis over the vesting period. The Company recorded $89,000, $85,000 and $83,000 in related net compensation expense for the years ended December 31, 2014, 2013 and 2012, respectively. As of December 31, 2014, 107,639 restricted shares are outstanding on a dividend adjusted basis. Total unrecognized compensation cost related to unvested stock awards is approximately $134,000 and is expected to be recognized over a weighted average period of 3 years.
	The following table summarizes information regarding restricted share activity for the twelve months ending December 31, 2014:
					Weighted average
					Grant Date
		Shares			Fair Value
	Unvested at December 31, 2013		147,130		$	2.16
	Granted		71,000		$	1.78
	Vested		(19,600	)	$	2.22
	Forfeited		(90,891	)	$	2.03
	Unvested, December 31, 2014		107,639		$	2

Note_7_Accrued_Expenses

Note 7 - Accrued Expenses	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	Note
	7
	. ACCRUED EXPENSES
	Accrued expenses consisted of the following items:
		December 31,
	(in $000's)	2014		2013
	Union Pension Withdrawal	$	661	$	0
	Rent	$	262	$	0
	Payroll & related costs	$	256	$	418
	Ocean Freight	$	189	$	150
	Sales commissions	$	69	$	167
	Sales Tax	$	10	$	125
	Warranty	$	0	$	71
	Other accrued expenses	$	240	$	514
	Total	$	1,687	$	1,445

Note_8_Significant_Customers_a

Note 8 - Significant Customers and Suppliers - Continuing Operations	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Operating Segments and Significant Customers Disclosure [Text Block]	Note
	8
	. SIGNIFICANT CUSTOMERS
	AND SUPPLIERS – Continuing Operations
	The Company’s largest customer in the continuing operations accounted for 10%, 17% and 10% of total revenues in 2014, 2013 and 2012, respectively, and 10% and 16% of total accounts receivable as of December 31, 2014 and December 31, 2013, respectively. The second largest customer accounted for 8%, 7% and 12% of the total revenue in 2014, 2013 and 2012 respectively, and 0% and 4% of the total accounts receivable as of December 31, 2014 and December 31, 2013 respectively. No other customer accounted for more than 10% of sales in 2014, 2013 or 2012.
	The Company currently has an exclusive contract to distribute VGT’s in Illinois for GTech. This exclusive contract is scheduled to expire on June 15, 2015. If the contract is not renewed, the Company will be unable to sell Spielo VGT’s in Illinois. Spielo VGT’s accounted for 98% of all VGT sales and 68%, 76% and 50% of total revenue in 2014, 2013 and 2012, respectively.

Note_9_Income_Taxes

Note 9 - Income Taxes	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 9
	. INCOME TAXES
	The effective income tax rates differed from the expected Federal income tax rate (34%) for the following reasons:
	(in $000's)	2014			2013			2012
	Computed expected tax expense (benefit)	$	(1,689	)	$	219		$	61
	State income tax expense, net of Federal tax effect	$	(234	)	$	30		$	11
	Other, net (primarily change in prior estimates)	$	59		$	(32	)	$	112
	Change in valuation allowance (regarding current year activity)	$	2,403		$	(225	)	$	(169	)
	Income Tax (Benefit) Expense	$	539		$	(8	)	$	15
	Deferred income taxes reflect the impact of temporary differences between the amounts of assets and liabilities for financial reporting purposes and as measured by income tax regulations. Temporary differences which gave rise to deferred tax assets and deferred tax liabilities consisted of:
		December 31:
	(in $000's)	2014			2013			2012
	Deferred tax assets:
	Allowance for doubtful accounts	$	41		$	57		$	70
	Warranty provision	$	0		$	29		$	28
	Inventory reserve	$	40		$	589		$	554
	Property, plant, equipment and software, principally depreciation	$	120		$	139		$	128
	Net operating loss carry forwards	$	4,269		$	2,345		$	2,402
	Alternative minimum tax credit carry forwards	$	148		$	148		$	136
	Other	$	85		$	7		$	107
	Total gross deferred tax assets	$	4,703		$	3,314		$	3,325
	Less valuation allowance	$	(4,703	)	$	(2,303	)	$	(2,528	)
	Total deferred tax assets	$	0		$	1,011		$	897
	Deferred tax liabilities:
	Goodwill	$	0		$	514		$	428
	Total deferred tax liabilities	$	0		$	514		$	428
	Net deferred taxes	$	0		$	497		$	469
	An income tax valuation allowance is provided when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company has historically provided a partial valuation allowance on its net deferred tax benefits. However, the Company increased the valuation allowance in 2014 by $2,400,000 and reduced the valuation allowance by $225,000 and $169,000 in the 2013 and 2012 years, respectively, in order to recognize the portion of deferred tax assets expected to be realized in the near future. As of December 31, 2014, the Company has net operating loss carry forwards for Federal income tax purposes of approximately $9,826,000, which are available to offset future Federal taxable income, if any, that begin to expire in 2021. The Company also has a net operating loss carry forward for Illinois state income tax purposes of approximately $9,774,000 as of December 31, 2014. The Company also has alternative minimum tax credit carry forwards of approximately $148,000, which are available to reduce future Federal regular income taxes, if any, over an indefinite period. No unrecognized tax benefits are set to expire in the next twelve months that may have an impact upon the Company’s effective tax rate.
	The Company files tax returns in the U.S. federal jurisdiction and various state jurisdictions. The tax years 2011, 2012, 2013 and 2014 remain open to examinations. Our policy is to recognize interest and penalties related to uncertain tax positions in income tax expense. During the twelve months ended December 31, 2014, the Company did not recognize expense for interest or penalties related to income tax, and does not have any amounts accrued at December 31, 2014, as the Company does not believe it has taken any uncertain tax positions.

Note_10_Related_Party

Note 10 - Related Party	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 10
	. RELATED PARTY
	The Company engages a law firm to provide legal services to the Company which employed as a partner a family member of the Company’s President and Chief Executive Officer. Total fees paid to this firm were approximately $93,000, $55,000 and $136,000 in 2014, 2013 and 2012, respectively. The amount due to the firm included in accounts payable was $0 as of December 31, 2014 and 2013, respectively.

Note_11_Lease_Commitments

Note 11 - Lease Commitments	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Leases of Lessee Disclosure [Text Block]	Note 11
	. LEASE COMMITMENTS
	The Company leases certain buildings, data processing and other equipment under operating lease agreements expiring through the year 2017. The future minimum lease payments required under operating leases are as follows:
	Years ending
	31-Dec	(in $000's)
	2015	$	673
	2016	$	232
	2017	$	22
	2018	$	4
		$	931
	Rent expense related to operating leases was approximately $757,000, $716,000 and $718,000 during the years ended December 31, 2014, 2013 and 2012, respectively.

Note_12_Unaudited_Quarterly_Fi

Note 12 - Unaudited Quarterly Financial Data	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Quarterly Financial Information [Text Block]	Note 1
	2
	. UNAUDITED QUARTERLY FINANCIAL DATA
	Selected quarterly data for 2014 and 2013 are as follows:
		2014
	(in $000's except per share data)	First			Second			Third			Fourth
	Net sales	$	7,073		$	6,178		$	5,261		$	3,411
	Gross margin	$	1,341		$	1,150		$	1,064		$	697
	Net earnings (loss) from continuing operations	$	(11	)	$	(53	)	$	(2,319	)	$	(63	)
	(Loss) earnings from discontinued operations	$	82		$	279		$	(3,595	)	$	173
	Net (loss) earnings	$	71		$	226		$	(5,914	)	$	110
	Basic net earnings (loss) per share:
	Continuing operations	$	(0.00	)	$	(0.00	)	$	(0.20	)	$	0
	Discontinued operations	$	0.01		$	0.02		$	(0.30	)	$	0.01
	Net (loss) income per share	$	0.01		$	0.02		$	(0.50	)	$	0.01
	Diluted net earnings (loss) per share:
	Continuing operations	$	(0.00	)	$	(0.00	)	$	(0.20	)	$	0
	Discontinued operations	$	0.01		$	0.02		$	(0.30	)	$	0.01
	Net earnings (loss) per share	$	0.01		$	0.02		$	(0.50	)	$	0.01
		2013
	(in $000's except per share data)	First			Second			Third			Fourth
	Net sales	$	7,493		$	7,176		$	5,255		$	8,303
	Gross margin	$	1,218		$	1,179		$	902		$	1,527
	Net earnings from continuing operations	$	(280	)	$	(227	)	$	(365	)	$	81
	Earnings from discontinued operations	$	829		$	258		$	325		$	29
	Net (loss) earnings	$	549		$	31		$	(40	)	$	110
	Basic net earnings per share:
	Continuing operations	$	(0.02	)	$	(0.02	)	$	(0.03	)	$	0.01
	Discontinued operations	$	0.07		$	0.02		$	0.03		$	0
	Net (loss) earnings per share	$	0.05		$	0		$	(0.00	)	$	0.01
	Diluted net earnings per share:
	Continuing operations	$	(0.02	)	$	(0.02	)	$	(0.03	)	$	0.01
	Discontinued operations	$	0.07		$	0.02		$	0.03		$	0
	Net (loss) earnings per share	$	0.05		$	0		$	(0.00	)	$	0.01

Schedule_II_Unaudited_Valuatio

Schedule II - Unaudited Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	SCHEDULE II
	UNAUDITED VALUATION AND QUALIFYING ACCOUNTS (in $000’s)
		Year Ended December 31,
	ALLOWANCE FOR DOUBTFUL ACCOUNTS	2014			2013			2012
	Beginning balance	$	141		$	173		$	206
	Additions charged to expense	$	68		$	44		$	(7	)
	Deductions	$	(106	)	$	(76	)	$	(26	)
	Balance at end of year	$	103		$	141		$	173
	INVENTORY OBSOLESCENCE RESERVE:
	Beginning balance	$	1,463		$	1,377		$	1,557
	Additions charged to expense	$	83		$	1,822		$	1,033
	Deductions	$	(1,446	)	$	(1,736	)	$	(1,213	)
	Balance at end of year	$	100		$	1,463		$	1,377
	DEFERRED TAX ASSET VALUATION ALLOWANCE:
	Beginning balance	$	2,303		$	2,528		$	2,697
	Additions charged (credited to) to expense	$	2,400		$	(225	)	$	(169	)
	Balance at end of year	$	4,703		$	2,303		$	2,528

Significant_Accounting_Policie

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
	The financial statements of the Company include the accounts of AG&E Holdings Inc. and its wholly-owned subsidiary, American Gaming & Electronics, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Management Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP USA) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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. Actual results could differ from those estimates.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition
	In general, the Company recognizes revenue when the following criteria are met: evidence of an arrangement between the Company and its customer exists, shipment has occurred or services have been rendered, the sales price is fixed and determinable and collectability is reasonably assured. Generally, these terms are met upon shipment.
	Revenue from video gaming terminal sales with standard payment terms is recognized upon the passage of title and transfer of the risk of loss. The Company recognizes revenue even if it retains a form of title to products delivered to customers, provided the sole purpose is to enable the Company to recover the products in the event of a customer payment default and the arrangement does not prohibit the customer’s use of the product in the ordinary course of business.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Financial Instruments
	The fair value of the Company’s financial instruments does not materially vary from the carrying value of such instruments.
Receivables, Policy [Policy Text Block]	Receivables
	Receivables are carried at original invoice or closing statement amount less estimates made for doubtful receivables. Management determines the allowances for doubtful accounts by reviewing and identifying troubled accounts on a monthly basis and by using historical experience applied to an aging of accounts. A receivable is considered to be past due if any portion of the receivable balance is outstanding past terms which are normally 30 to 60 days. Receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received.
Inventory, Policy [Policy Text Block]	Inventory Obsolescence & Costing Methods
	The Company uses an average cost method to value inventory. The Company provides an allowance for estimated obsolete or excess inventory based on assumptions about future demands for its products.
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant & Equipment
	Property, plant and equipment are stated at cost and are depreciated and amortized for financial reporting purposes over the estimated useful lives on a straight-line basis as follows: machinery & equipment - five to fifteen years and leasehold improvements - shorter of lease term or estimated useful life. Capitalized software costs are amortized on a straight-line basis over the expected economic life of the software of three to seven years.
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill
	The Company accounts for its goodwill resulting from its purchase of American Gaming and Electronics, Inc. in conformity with GAAP USA
	.
	GAAP USA requires that goodwill not be amortized, but instead be tested for impairment at least annually, which the Company does annually in the fourth quarter or more often if circumstances warrant. The Company determined that there was no impairment of goodwill in 2013 by utilization of a discounted cash flow analysis. The Company reviewed its future projections for the AG&E distribution operations at the end of the third quarter 2014. It appeared that Chicago would not approve video gaming terminals (VGTs) for the foreseeable future and that no new states will be added until at least the second half of 2016 or sometime in 2017. AG&E also has higher operating expense, since it will be absorbing all the public company and other corporate expense previously charged to its discontinued operations. By utilization of a discounted cash flow analysis which takes into account projected sales and expenses, the Company determined that the AG&E goodwill was impaired, which resulted in a charge to the third quarter of $1.33 million.
Income Tax, Policy [Policy Text Block]	Income Taxes
	The Company uses the asset and liability method of accounting for income taxes. Under the asset and liability method, the Company recognizes deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts and the tax basis of existing assets and liabilities. The Company records a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not.
Earnings Per Share, Policy [Policy Text Block]	Earnings
	Per Share
	Basic earnings per share is based on the weighted-average number of common shares outstanding whereas diluted earnings per share includes the dilutive effect of unexercised common stock options and warrants. Potentially dilutive securities are excluded from diluted earnings per share calculations for periods with a net loss.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock Based Compensation
	At December 31, 2014, the Company has one stock-based compensation plan, which is described more fully in Note 6. The Company accounts for these plans under the recognition and measurement principles of GAAP USA.
Subsequent Events, Policy [Policy Text Block]	Subsequent Events
	The Company evaluated subsequent events through the date the financial statements were issued.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board (FASB) issued guidance on the recognition of revenue from contracts with customers. Revenue recognition will depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also requires disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application. The guidance is effective January 1, 2017 and early adoption is not permitted. The company is currently evaluating the impact of the new guidance and the method of adoption in the consolidated financial results.
	In August 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-15, “Presentation of Financial Statements-Going Concern (Topic 205-40)” (“ASU 2014-15”). Under the standard, management is required to evaluate for each annual and interim reporting period whether it is a probable that the entity will not be able to meet its obligations as they become due within one year after the date that financial statements are issued, or are available to be issued, where applicable. ASU 2014-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and early adoption is permitted. Accordingly, the standard is effective for the Company on January 1, 2017. The Company does not believe that the pronouncement will have a material impact on the Company's financial statements.

Note_3_Discontinued_Operations1

Note 3 - Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2014
Balance Sheet [Member]
Notes Tables
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]			(in $000’s)
	Accounts receivable	$	4,791
	Inventory	$	6,043
	Other assets	$	170
	Liabilities transferred	$	(1,624	)
	Net assets transferred	$	9,380
	Cash purchase price	$	7,235
	Net loss on sale of assets	$	(2,145	)
Income Statement [Member]
Notes Tables
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]		20			2013		2012
		14
	Net sales	$	14,498		$	29,688	$	37,938
	(Loss) earnings from discontinued operations (1)		(916	)		1,442		3,330
	Loss on sale of assets		(2,145	)		0		0
	Discontinued operations, net of $0 income taxes		(3,061	)		1,442		3,330

Note_4_Inventory_Tables

Note 4 - Inventory (Tables)	12 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Inventory, Current [Table Text Block]		December 31,
	(in $000's)	20		2013		2012
		14
	Raw materials	$	597	$	3,009	$	2,662
	Intransit finished goods	$	0	$	2,291	$	950
	Finished goods	$	3,482	$	6,540	$	7,205
	Total	$	4,079	$	11,840	$	10,817

Note_6_Stock_Plans_Tables

Note 6 - Stock Plans (Tables)	12 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]					Weighted average
					Grant Date
		Shares			Fair Value
	Unvested at December 31, 2013		147,130		$	2.16
	Granted		71,000		$	1.78
	Vested		(19,600	)	$	2.22
	Forfeited		(90,891	)	$	2.03
	Unvested, December 31, 2014		107,639		$	2

Note_7_Accrued_Expenses_Tables

Note 7 - Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]		December 31,
	(in $000's)	2014		2013
	Union Pension Withdrawal	$	661	$	0
	Rent	$	262	$	0
	Payroll & related costs	$	256	$	418
	Ocean Freight	$	189	$	150
	Sales commissions	$	69	$	167
	Sales Tax	$	10	$	125
	Warranty	$	0	$	71
	Other accrued expenses	$	240	$	514
	Total	$	1,687	$	1,445

Note_9_Income_Taxes_Tables

Note 9 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	(in $000's)	2014			2013			2012
	Computed expected tax expense (benefit)	$	(1,689	)	$	219		$	61
	State income tax expense, net of Federal tax effect	$	(234	)	$	30		$	11
	Other, net (primarily change in prior estimates)	$	59		$	(32	)	$	112
	Change in valuation allowance (regarding current year activity)	$	2,403		$	(225	)	$	(169	)
	Income Tax (Benefit) Expense	$	539		$	(8	)	$	15
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]		December 31:
	(in $000's)	2014			2013			2012
	Deferred tax assets:
	Allowance for doubtful accounts	$	41		$	57		$	70
	Warranty provision	$	0		$	29		$	28
	Inventory reserve	$	40		$	589		$	554
	Property, plant, equipment and software, principally depreciation	$	120		$	139		$	128
	Net operating loss carry forwards	$	4,269		$	2,345		$	2,402
	Alternative minimum tax credit carry forwards	$	148		$	148		$	136
	Other	$	85		$	7		$	107
	Total gross deferred tax assets	$	4,703		$	3,314		$	3,325
	Less valuation allowance	$	(4,703	)	$	(2,303	)	$	(2,528	)
	Total deferred tax assets	$	0		$	1,011		$	897
	Deferred tax liabilities:
	Goodwill	$	0		$	514		$	428
	Total deferred tax liabilities	$	0		$	514		$	428
	Net deferred taxes	$	0		$	497		$	469

Note_11_Lease_Commitments_Tabl

Note 11 - Lease Commitments (Tables)	12 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Years ending
	31-Dec	(in $000's)
	2015	$	673
	2016	$	232
	2017	$	22
	2018	$	4
		$	931

Note_12_Unaudited_Quarterly_Fi1

Note 12 - Unaudited Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Quarterly Financial Information [Table Text Block]		2014
	(in $000's except per share data)	First			Second			Third			Fourth
	Net sales	$	7,073		$	6,178		$	5,261		$	3,411
	Gross margin	$	1,341		$	1,150		$	1,064		$	697
	Net earnings (loss) from continuing operations	$	(11	)	$	(53	)	$	(2,319	)	$	(63	)
	(Loss) earnings from discontinued operations	$	82		$	279		$	(3,595	)	$	173
	Net (loss) earnings	$	71		$	226		$	(5,914	)	$	110
	Basic net earnings (loss) per share:
	Continuing operations	$	(0.00	)	$	(0.00	)	$	(0.20	)	$	0
	Discontinued operations	$	0.01		$	0.02		$	(0.30	)	$	0.01
	Net (loss) income per share	$	0.01		$	0.02		$	(0.50	)	$	0.01
	Diluted net earnings (loss) per share:
	Continuing operations	$	(0.00	)	$	(0.00	)	$	(0.20	)	$	0
	Discontinued operations	$	0.01		$	0.02		$	(0.30	)	$	0.01
	Net earnings (loss) per share	$	0.01		$	0.02		$	(0.50	)	$	0.01
		2013
	(in $000's except per share data)	First			Second			Third			Fourth
	Net sales	$	7,493		$	7,176		$	5,255		$	8,303
	Gross margin	$	1,218		$	1,179		$	902		$	1,527
	Net earnings from continuing operations	$	(280	)	$	(227	)	$	(365	)	$	81
	Earnings from discontinued operations	$	829		$	258		$	325		$	29
	Net (loss) earnings	$	549		$	31		$	(40	)	$	110
	Basic net earnings per share:
	Continuing operations	$	(0.02	)	$	(0.02	)	$	(0.03	)	$	0.01
	Discontinued operations	$	0.07		$	0.02		$	0.03		$	0
	Net (loss) earnings per share	$	0.05		$	0		$	(0.00	)	$	0.01
	Diluted net earnings per share:
	Continuing operations	$	(0.02	)	$	(0.02	)	$	(0.03	)	$	0.01
	Discontinued operations	$	0.07		$	0.02		$	0.03		$	0
	Net (loss) earnings per share	$	0.05		$	0		$	(0.00	)	$	0.01

Schedule_II_Unaudited_Valuatio1

Schedule II - Unaudited Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Dec. 31, 2014
Notes Tables
Summary of Valuation Allowance [Table Text Block]		Year Ended December 31,
	ALLOWANCE FOR DOUBTFUL ACCOUNTS	2014			2013			2012
	Beginning balance	$	141		$	173		$	206
	Additions charged to expense	$	68		$	44		$	(7	)
	Deductions	$	(106	)	$	(76	)	$	(26	)
	Balance at end of year	$	103		$	141		$	173
	INVENTORY OBSOLESCENCE RESERVE:
	Beginning balance	$	1,463		$	1,377		$	1,557
	Additions charged to expense	$	83		$	1,822		$	1,033
	Deductions	$	(1,446	)	$	(1,736	)	$	(1,213	)
	Balance at end of year	$	100		$	1,463		$	1,377
	DEFERRED TAX ASSET VALUATION ALLOWANCE:
	Beginning balance	$	2,303		$	2,528		$	2,697
	Additions charged (credited to) to expense	$	2,400		$	(225	)	$	(169	)
	Balance at end of year	$	4,703		$	2,303		$	2,528

Note_2_Summary_of_Significant_1

Note 2 - Summary of Significant Accounting Policies (Details Textual) (USD $)	3 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accounting Policies [Abstract]
Goodwill, Impairment Loss	$1,330,000	$1,329,000	$0	$0
Machinery and Equipment [Member] | Maximum [Member]
Accounting Policies [Abstract]
Property, Plant and Equipment, Useful Life		15 years
Machinery and Equipment [Member] | Minimum [Member]
Accounting Policies [Abstract]
Property, Plant and Equipment, Useful Life		5 years
Software Development [Member] | Maximum [Member]
Accounting Policies [Abstract]
Property, Plant and Equipment, Useful Life		7 years
Software Development [Member] | Minimum [Member]
Accounting Policies [Abstract]
Property, Plant and Equipment, Useful Life		3 years

Note_3_Discontinued_Operations2

Note 3 - Discontinued Operations (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 12, 2014
Discontinued Operations and Disposal Groups [Abstract]
Proceeds from Divestiture of Businesses	$7,146,000	$0	$0
LCD Monitor [Member]
Discontinued Operations and Disposal Groups [Abstract]
Disposal Group, Including Discontinued Operation, Consideration				7,235,000
Proceeds from Divestiture of Businesses	$7,100,000

Note_3_Discontinued_Operations3

Note 3 - Discontinued Operations - Sale of Discontinued Operations (Details) (USD $)	0 Months Ended
	Sep. 12, 2014
LCD Monitor [Member]
Accounts receivable	$4,791,000
Inventory	6,043,000
Other assets	170,000
Liabilities transferred	-1,624,000
Net assets transferred	9,380,000
Cash purchase price	7,235,000
Loss on sale of assets	($2,145,000)

Note_3_Discontinued_Operations4

Note 3 - Discontinued Operations - Summary of Discontinued Operations (Details) (USD $)	12 Months Ended
	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
(Loss) earnings from discontinued operations	($916,000)		$1,442,000		$3,330,000
Loss on sale of assets	-2,145,000		0		0
Discontinued operations, net of $0 income taxes	-3,061,000		1,442,000		3,330,000
LCD Monitor [Member]
Net sales	14,498,000		29,688,000		37,938,000
(Loss) earnings from discontinued operations	-916,000	[1]	1,442,000	[1]	3,330,000	[1]
Loss on sale of assets	-2,145,000		0		0
Discontinued operations, net of $0 income taxes	($3,061,000)		$1,442,000		$3,330,000
[1]	Including transaction costs

Note_4_Inventory_Details_Textu

Note 4 - Inventory (Details Textual) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Inventory Valuation Reserves	$100	$1,463	$1,377

Note_4_Inventory_Inventory_Com

Note 4 - Inventory - Inventory Components (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Raw materials	$597,000	$3,009,000	$2,662,000
Intransit finished goods	0	2,291,000	950,000
Finished goods	3,482,000	6,540,000	7,205,000
Total	$4,079,000	$11,840,000	$10,817,000

Note_5_Debt_Details_Textual

Note 5 - Debt (Details Textual) (USD $)	0 Months Ended
	Mar. 08, 2013	Dec. 31, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	$12,000,000
Long-term Line of Credit		0	1,600,000
Line of Credit Facility, Interest Rate at Period End			3.00%
Line of Credit [Member]
Debt Disclosure [Abstract]
Year End Minimum Earnings Covenant	$200,000
Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Disclosure [Abstract]
Debt Instrument, Basis Spread on Variable Rate	2.75%

Note_6_Stock_Plans_Details_Tex

Note 6 - Stock Plans (Details Textual) (USD $)	120 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	2,155,028	2,155,028
Employee Stock Option [Member]
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	0	0
Restricted Stock [Member]
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		71,000	64,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value		$1.78	$1.99
Allocated Share-based Compensation Expense		$89,000	$85,000	$83,000
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	107,639	107,639
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	134,000	$134,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		3 years
Restricted Stock [Member] | Maximum [Member]
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		5 years
Restricted Stock [Member] | Minimum [Member]
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years

Note_6_Stock_Plans_Restricted_

Note 6 - Stock Plans - Restricted Share Activity (Details) (Restricted Stock [Member], USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Restricted Stock [Member]
Unvested (in shares)	107,639	147,130
Unvested (in dollars per share)	$2	$2.16
Granted (in shares)	71,000	64,000
Granted (in dollars per share)	$1.78	$1.99
Vested (in shares)	-19,600
Vested (in dollars per share)	$2.22
Forfeited (in shares)	-90,891
Forfeited (in dollars per share)	$2.03

Note_7_Accrued_Expenses_Accrue

Note 7 - Accrued Expenses - Accrued Expenses (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Union Pension Withdrawal	$661,000	$0
Rent	262,000	0
Payroll & related costs	256,000	418,000
Ocean Freight	189,000	150,000
Sales commissions	69,000	167,000
Sales Tax	10,000	125,000
Warranty	0	71,000
Other accrued expenses	240,000	514,000
Total	$1,687,000	$1,445,000

Note_8_Significant_Customers_a1

Note 8 - Significant Customers and Suppliers - Continuing Operations (Details Textual)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Largest Customer [Member]
Concentration Risk, Percentage	10.00%	16.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Second Largest Customer [Member]
Concentration Risk, Percentage	0.00%	4.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Largest Customer [Member]
Concentration Risk, Percentage	10.00%	17.00%	10.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Second Largest Customer [Member]
Concentration Risk, Percentage	8.00%	7.00%	12.00%
Sales Revenue, Net [Member] | Supplier Concentration Risk [Member] | Spielo [Member]
Concentration Risk, Percentage	68.00%	76.00%	50.00%
Sales Revenue, Net [Member] | Supplier Concentration Risk [Member] | VGT's [Member] | Spielo [Member]
Concentration Risk, Percentage	98.00%

Note_9_Income_Taxes_Details_Te

Note 9 - Income Taxes (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	2,400,000	-225,000	-169,000
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	148,000	148,000	136,000
Latest Tax Year [Member]
Income Tax Disclosure [Abstract]
Open Tax Year	2014
Tax Year 2011 [Member]
Income Tax Disclosure [Abstract]
Open Tax Year	2011
Tax Year 2012 [Member]
Income Tax Disclosure [Abstract]
Open Tax Year	2012
Tax Year 2013 [Member]
Income Tax Disclosure [Abstract]
Open Tax Year	2013
Domestic Tax Authority [Member]
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards	9,826,000
State and Local Jurisdiction [Member]
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards	$9,774,000

Note_9_Income_Taxes_Effective_

Note 9 - Income Taxes - Effective Income Tax Rates (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Computed expected tax expense (benefit)	($1,689,000)	$219,000	$61,000
State income tax expense, net of Federal tax effect	-234,000	30,000	11,000
Other, net (primarily change in prior estimates)	59,000	-32,000	112,000
Change in valuation allowance (regarding current year activity)	2,403,000	-225,000	-169,000
Income Tax (Benefit) Expense	$539,000	($8,000)	$15,000

Note_9_Income_Taxes_Deferred_I

Note 9 - Income Taxes - Deferred Income Taxes (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Deferred tax assets:
Allowance for doubtful accounts	$41,000	$57,000	$70,000
Warranty provision	0	29,000	28,000
Inventory reserve	40,000	589,000	554,000
Property, plant, equipment and software, principally depreciation	120,000	139,000	128,000
Net operating loss carry forwards	4,269,000	2,345,000	2,402,000
Alternative minimum tax credit carry forwards	148,000	148,000	136,000
Other	85,000	7,000	107,000
Total gross deferred tax assets	4,703,000	3,314,000	3,325,000
Less valuation allowance	-4,703,000	-2,303,000	-2,528,000
Total deferred tax assets	0	1,011,000	897,000
Deferred tax liabilities:
Goodwill	0	514,000	428,000
Total deferred tax liabilities	0	514,000	428,000
Net deferred taxes	$0	$497,000	$469,000

Note_10_Related_Party_Details_

Note 10 - Related Party (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Related Party Transactions [Abstract]
Due to Related Parties	$0	$0
Related Party Transaction, Expenses from Transactions with Related Party	$93,000	$55,000	$136,000

Note_11_Lease_Commitments_Deta

Note 11 - Lease Commitments (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Leases [Abstract]
Operating Leases, Rent Expense	$757,000	$716,000	$718,000

Note_11_Lease_Commitments_Futu

Note 11 - Lease Commitments - Future Minimum Lease Payments (Details) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Years ending
2015	$673
2016	232
2017	22
2018	4
	$931

Note_12_Unaudited_Quarterly_Fi2

Note 12 - Unaudited Quarterly Financial Data - Selected Quarterly Data (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
Net sales	$3,411,000	$5,261,000	$6,178,000	$7,073,000	$8,303,000	$5,255,000	$7,176,000	$7,493,000
Gross margin	697,000	1,064,000	1,150,000	1,341,000	1,527,000	902,000	1,179,000	1,218,000
Net earnings (loss) from continuing operations	-63,000	-2,319,000	-53,000	-11,000	81,000	-365,000	-227,000	-280,000
Discontinued operations, net of $0 income taxes	173,000	-3,595,000	279,000	82,000	29,000	325,000	258,000	829,000
Net (loss) earnings	$110,000	($5,914,000)	$226,000	$71,000	$110,000	($40,000)	$31,000	$549,000
Continuing operations (in dollars per share)	$0	($0.20)	$0	$0	$0.01	($0.03)	($0.02)	($0.02)
Discontinued operations (in dollars per share)	$0.01	($0.30)	$0.02	$0.01	$0	$0.03	$0.02	$0.07
Net (loss) income per share (in dollars per share)	$0.01	($0.50)	$0.02	$0.01	$0.01	$0	$0	$0.05
Continuing operations (in dollars per share)	$0	($0.20)	$0	$0	$0.01	($0.03)	($0.02)	($0.02)
Discontinued operations (in dollars per share)	$0.01	($0.30)	$0.02	$0.01	$0	$0.03	$0.02	$0.07
Net earnings (loss) per share (in dollars per share)	$0.01	($0.50)	$0.02	$0.01	$0.01	$0	$0	$0.05

Schedule_II_Unaudited_Valuatio2

Schedule II - Unaudited Valuation and Qualifying Accounts - Unaudited Valuation and Qualifying Accounts (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Allowance for Doubtful Accounts [Member]
Beginning balance	$141	$173	$206
Additions charged (credited to) to expense	68	44	-7
Deductions	-106	-76	-26
Balance at end of year	103	141	173
Inventory Valuation Reserve [Member]
Beginning balance	1,463	1,377	1,557
Additions charged (credited to) to expense	83	1,822	1,033
Deductions	-1,446	-1,736	-1,213
Balance at end of year	100	1,463	1,377
Valuation Allowance of Deferred Tax Assets [Member]
Beginning balance	2,303	2,528	2,697
Additions charged (credited to) to expense	2,400	-225	-169
Balance at end of year	$4,703	$2,303	$2,528