US Nuclear (UCLE) 10-Q 14 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 10, 2017
Document And Entity Information
Entity Registrant Name	US NUCLEAR CORP.
Entity Central Index Key	1,543,623
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		13,947,403
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,017

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
CURRENT ASSETS
Cash	$ 254,507	$ 236,404
Accounts receivable, net	274,057	229,222
Inventories	1,441,451	1,201,564
TOTAL CURRENT ASSETS	1,970,015	1,667,190
PROPERTY AND EQUIPMENT, net	8,738	17,290
INTANGIBLE ASSET, net	86,147	183,064
GOODWILL	570,176	570,176
TOTAL ASSETS	2,635,076	2,437,720
CURRENT LIABILITIES
Accounts payable	195,867	51,919
Accounts payable, related party	28,000	0
Accrued liabilities	79,720	66,446
Accrued compensation - officer	225,000	150,000
Customer deposit	52,832	97,862
Acquisition contingency	91,483	103,143
Note payable	16,060	14,724
Line of credit	301,171	347,735
TOTAL CURRENT LIABILITIES	990,133	831,829
Note payable, net of current portion	45,763	58,140
Note payable to shareholder	352,106	278,180
TOTAL LIABILITIES	1,388,002	1,168,149
SHAREHOLDERS' EQUITY:
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.0001 par value; 100,000,000 shares authorized, 13,947,403 and 13,947,403 shares issued and outstanding	1,395	1,395
Additional paid in capital	3,312,963	3,312,963
Accumulated deficit	(2,067,284)	(2,044,787)
TOTAL SHAREHOLDERS' EQUITY	1,247,074	1,269,571
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 2,635,076	$ 2,437,720

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value per share	$ .0001	$ .0001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share	$ .0001	$ .0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	13,947,403	13,947,403
Common stock, shares outstanding	13,947,403	13,947,403

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement [Abstract]
Sales	$ 844,779	$ 751,036	$ 2,061,687	$ 1,649,061
Cost of sales	462,590	387,015	1,130,652	836,963
Gross profit	382,189	364,021	931,035	812,098
Operating expenses
Selling, general and administrative expenses	362,187	256,179	935,745	722,215
Total operating expenses	362,187	256,179	935,745	722,215
Income (loss) from operations	20,002	107,842	(4,710)	89,883
Other expense
Interest expense	(6,494)	(5,599)	(17,787)	(15,415)
Total other expense	(6,494)	(5,599)	(17,787)	(15,415)
Income (loss) before provision for income taxes	13,508	102,243	(22,497)	74,468
Provision for income taxes	0	0	0	0
Net income (loss)	$ 13,508	$ 102,243	$ (22,497)	$ 74,468
Weighted average shares outstanding - basic and diluted	13,947,403	13,649,686	13,947,403	13,549,245
Earnings (loss) per shares - basic and diluted	$ 0	$ 0.01	$ 0	$ 0.01

Condensed Consolidated Stateme5

Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
OPERATING ACTIVITIES
Net income (loss)	$ (22,497)	$ 74,468
Adjustment to reconcile net income (loss) to net provided by (used in) operating activities:
Depreciation and amortization	107,458	51,050
Changes in operating assets and liabilities:
Accounts receivable	(44,835)	(228,277)
Inventories	(239,887)	(172,030)
Prepaid expenses and other current assets	0	(8,000)
Accounts payable	132,288	17,627
Accrued liabilities	28,000	0
Accounts payable, related party	13,274	9,459
Accrued compensation - officer	75,000	0
Customer deposits	(45,030)	18,795
Net cash provided by (used in) operating activities	3,771	(236,908)
INVESTING ACTIVITIES
Purchase of property and equipment	(1,989)	0
Cash paid for acquisition	0	(60,000)
Net cash used in investing activities	(1,989)	(60,000)
FINANCING ACTIVITIES
Net borrowings (repayments) under lines of credit	(46,564)	(43,322)
Proceeds from sale of common stock	0	99,000
Repayments for note payable	(11,041)	(3,546)
Proceeds from note payable to shareholder	116,585	57,600
Repayments for note payable to shareholder	(42,659)	(13,299)
Net cash provided by financing activities	16,321	183,077
NET INCREASE (DECREASE) IN CASH	18,103	(113,831)
CASH
Beginning of the period	236,404	419,126
End of the period	254,507	305,295
Supplemental disclosures of cash flow information
Taxes paid	0	0
Interest paid	17,787	15,415
Non-cash Investing and financing activities
Reclassification of acquistion contingency to accounts payable	12,991	0
Common stock issued for acquisition	0	35,601
Note payable issued for acquisition	0	80,000
Acquisition contingency	$ 0	$ 107,707

Organization

Organization	9 Months Ended
	Sep. 30, 2017
Organization And Basis Of Presentation
Organization	Note 1 - Organization Organization and Line of Business US Nuclear Corp., formerly known as APEX 3, Inc., (the “Company” or “US Nuclear”) was incorporated under the laws of the State of Delaware on February 14, 2012. The Company is engaged in developing, manufacturing and selling radiation detection and measuring equipment. The Company markets and sells its products to consumers throughout the world.

Basis Presentation

Basis Presentation	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Basis Presentation	Note 2 – Basis Presentation Interim financial statements The unaudited interim financial statements included herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosure normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosure are adequate to make the information presented not misleading. These statements reflect all adjustment, consisting of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information contained therein. It is suggested that these interim financial statements be read in conjunction with the financial statements of the Company for the year ended December 31, 2016 and notes thereto included in the Company’s annual report on Form 10-K filed on April 17, 2017. The Company follows the same accounting policies in the preparation of interim report. Results of operations for the interim period are not indicative of annual results. Reclassifications Certain reclassifications of prior year reported amounts have been made for comparative purposes. The Company does not consider such reclassifications to be material and they had no effect on net income (loss). Recent Accounting Pronouncements In January 2017, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory In August 2016, the FASB issued ASU 2016-15 , Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In August 2014, the FASB issued Accounting Standards Update No. 2014-15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers

Inventories

Inventories	9 Months Ended
	Sep. 30, 2017
Note 3 - Inventories
Inventories	Note 3 – Inventories Inventories at September 30, 2017 and December 31, 2016 consisted of the following: September 30, December 31, 2017 2016 Raw materials $ 781,989 $ 584,687 Work in Progress 197,839 202,009 Finished goods 461,623 414,868 Total inventories $ 1,441,451 $ 1,201,564

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2017
Property And Equipment
Property and Equipment	Note 4 – Property and Equipment The following are the details of the property, equipment and improvements at September 30, 2017 and December 31, 2016: September 30, December 31, 2017 2016 Furniture and fixtures $ 148,033 $ 146,684 Leasehold Improvements 50,091 50,091 Equipment 233,826 233,186 Computers and software 27,259 27,259 459,209 457,220 Less accumulated depreciation (450,471) (439,930) Property and equipment, net $ 8,738 $ 17,290 Depreciation expense for the nine months ended September 30, 2017 and 2016 was $10,541 and $7,976, respectively. At September 30, 2017, the Company has $415,934 of fully depreciated property and equipment that is still in use.

Intangible Assets

Intangible Assets	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 5 – Intangible Assets The following are the details of intangible assets at September 30, 2017 and December 31, 2016: September 30, December 31, 2017 2016 Customer list $ 130,000 $ 130,000 Technology 128,443 128,443 258,443 258,443 Less accumulated amortization (172,296) (75,379) Intangible assets, net $ 86,147 $ 183,064 Amortization expense for the nine months ended September 30, 2017 and 2016 was $96,917 and $43,074, respectively. The following summarizes estimated future amortization expense related to intangible assets for the twelve months ending September 30: 2018 $ 86,147

Note Payable Shareholder

Note Payable Shareholder	9 Months Ended
	Sep. 30, 2017
Note Payable Shareholder
Note Payable Shareholder	Note 6 – Note Payable Shareholder Robert Goldstein, the CEO and majority shareholder, has loaned funds to the Company from time to time to cover general operating expenses. These loans are evidenced by unsecured, non-interest bearing notes due on December 31, 2018. During the nine months ended September 30, 2017, the majority shareholder loaned the Company $116,585 and the Company repaid its majority shareholder $42,659 under this note payable agreement. The amounts due to Mr. Goldstein are $352,106 and $278,180 as of September 30, 2017 and December 31, 2016, respectively.

Lines Of Credit

Lines Of Credit	9 Months Ended
	Sep. 30, 2017
Lines Of Credit
Lines of Credit	Note 7– Lines of Credit As of September 30, 2017, the Company had four lines of credit with a maximum borrowing amount $400,000 with interest ranging from 3.25% to 9.49%. As of September 30, 2017 and December 31, 2016, the amounts outstanding under these lines of credit were $301,171 and $347,735, respectively.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2017
Segment Reporting
Segment Reporting	Note 8 –Segment Reporting ASC Topic 280, Segment Reporting The following tables summarize the Company’s segment information for the three and nine months ended September 30, 2017 and 2016: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Sales Optron $ 253,290 $ 224,464 $ 447,449 $ 486,034 Overhoff 591,489 526,572 1,614,238 1,163,027 Corporate - - - - $ 844,779 $ 751,036 $ 2,061,687 $ 1,649,061 Gross profit Optron $ 101,256 $ 90,185 $ 182,084 $ 200,872 Overhoff 280,933 273,836 748,951 611,226 Corporate - - - - $ 382,189 $ 364,021 $ 931,035 $ 812,098 Income (loss) from operations Optron $ (40,170) $ 40,886 $ (111,657) $ 57,036 Overhoff 91,414 86,980 208,909 99,221 Corporate (31,242) (20,024) (101,962) (66,374) $ 20,002 $ 107,842 $ (4,710) $ 89,883 Interest Expenses Optron $ 5,648 $ 4,544 $ 14,634 $ 13,454 Overhoff 846 1,055 3,153 1,961 Corporate - - - - $ 6,494 $ 5,599 $ 17,787 $ 15,415 Net income (loss) Optron $ (45,818) $ 36,342 $ (126,291) $ 43,582 Overhoff 90,568 85,925 205,756 97,260 Corporate (31,242) (20,024) (101,962) (66,374) $ 13,508 $ 102,243 $ (22,497) $ (74,468) As of As of September 30, December 31, 2017 2016 Total Assets Optron $ 981,062 $ 987,873 Overhoff 1,649,362 1,424,701 Corporate 4,652 25,146 $ 2,635,076 $ 2,437,720 Intangible Assets Optron $ - $ - Overhoff 86,147 183,064 Corporate - - $ 86,147 $ 183,064 Goodwill Optron $ - $ - Overhoff 570,176 570,176 Corporate - - $ 570,176 $ 570,176

Geographical Sales

Geographical Sales	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Geographical Sales	Note 9 - Geographical Sales The geographical distribution of the Company’s sales for the three and nine months ended September 30, 2017 and 2016 is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Geographical sales North America $ 620,054 $ 546,078 $ 1,319,975 $ 1,149,335 Asia 185,729 115,778 608,083 359,619 South America 651 - 18,035 11,022 Other 38,345 89,180 115,594 129,085 $ 844,779 $ 751,036 $ 2,061,687 $ 1,649,061

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Note 10 – Related Party Transactions The Company leases its current facilities from Gold Team Inc., a company owned by the Company’s CEO, which owns both the Canoga Park, CA and Milford, Ohio. Rent expense for the nine months ended September 30, 2017 and 2016 were $126,000 and $108,000, respectively. As of September 30, 2017 and December 31, 2016, payable to Gold Team Inc. in connection with the above leases amount to $28,000 and $0, respectively. Also see Note 6.

Concentrations

Concentrations	9 Months Ended
	Sep. 30, 2017
Risks and Uncertainties [Abstract]
Note 11 - Concentrations	Note 11 – Concentrations One customers accounted for 36% of the Company’s sales for the nine months ended September 30, 2017 and one customer accounted for 44% of the Company’s sales for nine months ended September 30, 2016. No vendors accounted for more than 10% of the Company’s purchases for the nine months ended September 30, 2017 and 2016.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note – 12 Fair Value Measurements The Company follows a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to measurements involving unobservable inputs (Level 3). The three levels of the fair value hierarchy are as follows: Level 2 inputs - other inputs that are directly or indirectly observable in the marketplace. Level 3 inputs - unobservable inputs which are supported by little or no market activity. The Company categorizes its fair value measurements within the hierarchy based on the lowest level input that is significant to the fair value measurement in its entirety. The following table presents the amount and level in the fair value hierarchy of each of its assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2017 and December 31, 2016. The contingent liability is for the earn-out related to the purchase of Electronic Control Concepts. September 30, 2017 Level 1 Level 2 Level 3 TOTAL LIABILITES Contingent Liability - - $ 91,483 $ 91,483 December 31, 2016 Level 1 Level 2 Level 3 TOTAL LIABILITES Contingent Liability - - 103,143 103,143 A summary of the activity of the contingent liability is as follows: Contingent liability at December 31, 2016 $ 103,143 Change in fair value 1,331 Reclassification to accounts payable (12,991) Contingent liability at September 30, 2017 $ 91,483

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2017
Inventories Tables
Schedule of Inventories	Inventories at September 30, 2017 and December 31, 2016 consisted of the following: September 30, December 31, 2017 2016 Raw materials $ 781,989 $ 584,687 Work in Progress 197,839 202,009 Finished goods 461,623 414,868 Total inventories $ 1,441,451 $ 1,201,564

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2017
Property And Equipment Tables
Schedule of Property and Equipment	The following are the details of the property, equipment and improvements at September 30, 2017 and December 31, 2016: September 30, December 31, 2017 2016 Furniture and fixtures $ 148,033 $ 146,684 Leasehold Improvements 50,091 50,091 Equipment 233,826 233,186 Computers and software 27,259 27,259 459,209 457,220 Less accumulated depreciation (450,471) (439,930) Property and equipment, net $ 8,738 $ 17,290

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The following are the details of intangible assets at September 30, 2017 and December 31, 2016: September 30, December 31, 2017 2016 Customer list $ 130,000 $ 130,000 Technology 128,443 128,443 258,443 258,443 Less accumulated amortization (172,296) (75,379) Intangible assets, net $ 86,147 $ 183,064
Schedule of Future Amortization Expense	The following summarizes estimated future amortization expense related to intangible assets for the twelve months ending September 30: 2018 $ 86,147

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting Tables
Schedule of Company's Segment Reporting Information	The following tables summarize the Company’s segment information for the three and nine months ended September 30, 2017 and 2016: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Sales Optron $ 253,290 $ 224,464 $ 447,449 $ 486,034 Overhoff 591,489 526,572 1,614,238 1,163,027 Corporate - - - - $ 844,779 $ 751,036 $ 2,061,687 $ 1,649,061 Gross profit Optron $ 101,256 $ 90,185 $ 182,084 $ 200,872 Overhoff 280,933 273,836 748,951 611,226 Corporate - - - - $ 382,189 $ 364,021 $ 931,035 $ 812,098 Income (loss) from operations Optron $ (40,170) $ 40,886 $ (111,657) $ 57,036 Overhoff 91,414 86,980 208,909 99,221 Corporate (31,242) (20,024) (101,962) (66,374) $ 20,002 $ 107,842 $ (4,710) $ 89,883 Interest Expenses Optron $ 5,648 $ 4,544 $ 14,634 $ 13,454 Overhoff 846 1,055 3,153 1,961 Corporate - - - - $ 6,494 $ 5,599 $ 17,787 $ 15,415 Net income (loss) Optron $ (45,818) $ 36,342 $ (126,291) $ 43,582 Overhoff 90,568 85,925 205,756 97,260 Corporate (31,242) (20,024) (101,962) (66,374) $ 13,508 $ 102,243 $ (22,497) $ (74,468) As of As of September 30, December 31, 2017 2016 Total Assets Optron $ 981,062 $ 987,873 Overhoff 1,649,362 1,424,701 Corporate 4,652 25,146 $ 2,635,076 $ 2,437,720 Intangible Assets Optron $ - $ - Overhoff 86,147 183,064 Corporate - - $ 86,147 $ 183,064 Goodwill Optron $ - $ - Overhoff 570,176 570,176 Corporate - - $ 570,176 $ 570,176

Geographical Sales (Tables)

Geographical Sales (Tables)	9 Months Ended
	Sep. 30, 2017
Geographical Sales Tables
Schedule of Geographical Distribution of Comapany's Sales	The geographical distribution of the Company’s sales for the three and nine months ended September 30, 2017 and 2016 is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Geographical sales North America $ 620,054 $ 546,078 $ 1,319,975 $ 1,149,335 Asia 185,729 115,778 608,083 359,619 South America 651 - 18,035 11,022 Other 38,345 89,180 115,594 129,085 $ 844,779 $ 751,036 $ 2,061,687 $ 1,649,061

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of contingent liabilities at fair value	The contingent liability is for the earn-out related to the purchase of Electronic Control Concepts. September 30, 2017 Level 1 Level 2 Level 3 TOTAL LIABILITES Contingent Liability - - $ 91,483 $ 91,483 December 31, 2016 Level 1 Level 2 Level 3 TOTAL LIABILITES Contingent Liability - - 103,143 103,143
Summary of contingent liability activity	A summary of the activity of the contingent liability is as follows: Contingent liability at December 31, 2016 $ 103,143 Change in fair value 1,331 Reclassification to accounts payable (12,991) Contingent liability at September 30, 2017 $ 91,483

Organization (Details Narrative

Organization (Details Narrative)	9 Months Ended
	Sep. 30, 2017
Note 4 - Property And Equipment Narrativedetails
Date of Incorporation	Feb. 14, 2012
State of Incorporation	Delaware

Inventories (Details)

Inventories (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Inventories Details
Raw materials	$ 781,989	$ 584,687
Work in Progress	197,839	202,009
Finished goods	461,623	414,868
Total Inventory	$ 1,441,451	$ 1,201,564

Property And Equipment (Details

Property And Equipment (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 459,209	$ 457,220
Less accumulated depreciation	(450,471)	(439,930)
Property and equipment, net	8,738	17,290
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	50,091	50,091
Furniture And Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	148,033	146,684
Computers And Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	27,259	27,259
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 233,826	$ 233,186

Property And Equipment (Detai27

Property And Equipment (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Note 4 - Property And Equipment Narrativedetails
Depreciation Expense	$ 10,541	$ 7,976
Fully Depreciated Property and Equipment, In Use	$ 415,934

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Intangible assets	$ 258,443	$ 258,443
Less accumulated amortization	(172,296)	(75,379)
Intangible assets, net	86,147	183,064
Technology-Based Intangible Assets [Member]
Intangible assets	128,443	128,443
Customer Lists [Member]
Intangible assets	$ 130,000	$ 130,000

Intangible Assets - Schedule 29

Intangible Assets - Schedule of Future Amortization Expense (Details)	Sep. 30, 2017USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,018	$ 86,147

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization Expense	$ 96,917	$ 43,074

Note Payable Shareholder (Detai

Note Payable Shareholder (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Debt Instrument [Line Items]
Note Payable, repayment - related party	$ 42,659	$ 13,299
Note Payable [Member] | Robert Goldstein, owner of the company
Debt Instrument [Line Items]
Note Payable, description - related party	Robert Goldstein, the CEO and majority shareholder, has loaned funds to the Company from time to time to cover general operating expenses. These loans are evidenced by unsecured, non-interest bearing notes due on December 31, 2018.
Note Payable, amount - related party	$ 352,106		$ 278,180
Loan from Shareholders	$ 116,585

Lines Of Credit (Details Narrat

Lines Of Credit (Details Narrative) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Line of Credit Facility [Line Items]
Line of credit	$ 301,171	$ 347,735
Four Lines Of Credit [Member]
Line of Credit Facility [Line Items]
Line of credit maximum borrowing amount	$ 400,000
Four Lines Of Credit [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest rate on line of credit	3.25%
Four Lines Of Credit [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Interest rate on line of credit	9.49%

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Sales	$ 844,779	$ 751,036	$ 2,061,687	$ 1,649,061
Gross profit	382,189	364,021	931,035	812,098
Income (loss) from operations	20,002	107,842	(4,710)	89,883
Interest Expenses	6,494	5,599	17,787	15,415
Net income (loss)	13,508	102,243	(22,497)	74,468
Total Assets	2,635,076		2,635,076		$ 2,437,720
Intangible Assets	86,147		86,147		183,064
Goodwill	570,176		570,176		570,176
Operating Segments [Member] | Overhoff [Member]
Sales	591,489	526,572	1,614,238	1,163,027
Gross profit	280,933	273,836	748,951	611,226
Income (loss) from operations	91,414	86,980	208,909	99,221
Interest Expenses	846	1,055	3,153	1,961
Net income (loss)	90,568	85,925	205,756	97,260
Total Assets	1,649,362		1,649,362		1,424,701
Intangible Assets	86,147		86,147		183,064
Goodwill	570,176		570,176		570,176
Operating Segments [Member] | Optron [Member]
Sales	253,290	224,464	447,449	486,034
Gross profit	101,256	90,185	182,084	200,872
Income (loss) from operations	(40,170)	40,886	(111,657)	57,036
Interest Expenses	5,648	4,544	14,634	13,454
Net income (loss)	(45,818)	36,342	(126,291)	43,582
Total Assets	981,062		981,062		987,873
Intangible Assets	0		0		0
Goodwill	0		0		0
Operating Segments [Member] | Corporate [Member]
Sales	0	0	0	0
Gross profit	0	0	0	0
Income (loss) from operations	(31,242)	(20,024)	(101,962)	(66,374)
Interest Expenses	0	0	0	0
Net income (loss)	(31,242)	$ (20,024)	(101,962)	$ (66,374)
Total Assets	4,652		4,652		25,146
Intangible Assets	0		0		0
Goodwill	$ 0		$ 0		$ 0

Geographical Sales (Details)

Geographical Sales (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Geographical sales	$ 844,779	$ 751,036	$ 2,061,687	$ 1,649,061
North America [Member]
Geographical sales	620,054	546,078	1,319,975	1,149,335
Asia [Member]
Geographical sales	185,729	115,778	608,083	11,022
South America [Member]
Geographical sales	651	0	18,035	359,619
Other [Member]
Geographical sales	$ 38,345	$ 89,180	$ 115,594	$ 129,085

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Related Party Transaction [Line Items]
Accounts payable, related party for leases	$ 28,000		$ 0
Gold Team Inc. [Member]
Related Party Transaction [Line Items]
Rent expense	$ 126,000	$ 108,000

Concentrations (Details Narrati

Concentrations (Details Narrative)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Major Customer [Member]
Concentration Risk, Percentage	36.00%	44.00%

Fair Value Measurements (Detail

Fair Value Measurements (Details - Schedule of contingent liabilities at fair value) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Contingent Liability	$ 91,483	$ 103,143
Fair Value, Inputs, Level 3 [Member]
Contingent Liability	91,483	103,143
Fair Value, Inputs, Level 1 [Member]
Contingent Liability	0	0
Fair Value, Inputs, Level 2 [Member]
Contingent Liability	$ 0	$ 0

Fair Value Measurements (Deta38

Fair Value Measurements (Details - Summary of contingent liability activity)	9 Months Ended
	Sep. 30, 2017USD ($)
Fair Value Disclosures [Abstract]
Contingent liability at Beginning	$ 103,143
Change in fair value	1,331
Reclassification to accounts payable	(12,991)
Contingent liability at end	$ 91,483