9 Meters Biopharma (NMTRQ) 10-K 31 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 17, 2017
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Registrant Name	Monster Digital, Inc.
Entity Central Index Key	1,551,986
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float	$ 13,623,769
Trading Symbol	MSDI
Entity Common Stock, Shares Outstanding		8,005,011

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash	$ 1,453	$ 119
Accounts receivable, net of allowances of $253 and $99, respectively	856	644
Inventories	1,105	633
Prepaid expenses and other	619	141
Total current assets	4,033	1,537
Trademark, net of amortization of $185 and $54, respectively	2,417	2,548
Deferred IPO and debt issuance costs	0	619
Deposits and other assets	14	14
Total assets	6,464	4,718
Current liabilities
Line of credit	0	215
Accounts payable	268	1,021
Accrued expenses	1,786	3,311
Customer refund	1,840	1,850
Due to related parties	44	510
Notes payable, net	38	3,505
Total current liabilities	3,976	10,412
Commitments and contingencies
Shareholders’ equity (deficit)
Preferred stock; 10,000,000 shares authorized — none issued	0	0
Common stock; $.0001 par value; 100,000,000 shares authorized; 7,785,011 and 3,702,865 shares issued and outstanding, respectively	1	0
Additional paid-in capital	34,575	20,181
Accumulated deficit	(32,088)	(25,875)
Total shareholders’ equity (deficit)	2,488	(5,694)
Total liabilities and shareholders’ equity (deficit)	$ 6,464	$ 4,718

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Allowance for Doubtful Accounts Receivable, Current	$ 253	$ 99
Finite-Lived Intangible Assets, Accumulated Amortization	$ 185	$ 54
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	7,785,011	3,702,865
Common Stock, Shares, Outstanding	7,785,011	3,702,865

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Net sales	$ 4,065	$ 8,266
Cost of goods sold	3,329	7,840
Gross profit	736	426
Operating expenses
Research and development	270	333
Selling and marketing	2,425	2,928
General and administrative	3,984	3,625
Total operating expenses	6,679	6,886
Operating loss	(5,943)	(6,460)
Other expenses
Interest and finance expense	825	1,381
Gain on debt conversion	(557)	0
Debt conversion expense	0	898
Total other expenses	268	2,279
Loss before income taxes	(6,211)	(8,739)
Provision for income taxes	2	2
Net loss	$ (6,213)	$ (8,741)
Loss per share
Basic and Diluted	$ (1.12)	$ (2.65)
Number of shares used in computation
Basic and diluted	5,524	3,294

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT) - USD ($) $ in Thousands	Total	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]
Balance at Dec. 31, 2014	$ (4,988)	$ 0	$ 0	$ 12,146	$ (17,134)
Balance (in share) at Dec. 31, 2014		2,841,090	0
Stock purchase warrants issued with convertible debt	335	$ 0	$ 0	335	0
Cancellation of founders’ shares in debt for equity exchange	0	$ 0	$ 0	0	0
Cancellation of founders’ shares in debt for equity exchange (In Shares)		(2,028)	0
Cancellation of founders’ shares in connection with trademark license	0	$ 0	$ 0	0	0
Cancellation of founders’ shares in connection with trademark license ( In Shares)		(157,603)	0
Issuance of common stock in connection with trademark license	2,103	$ 0	$ 0	2,103	0
Issuance of common stock in connection with trademark license		382,575	0
Issuance of common stock in connection with consulting agreement	179	$ 0	$ 0	179	0
Issuance of common stock in connection with consulting agreement		84,170	0
Exchange of debt for equity	2,272	$ 0	$ 0	2,272	0
Exchange of debt for equity (in Shares)		160,654	0
Issuance of common stock for cash	2,969	$ 0	$ 0	2,969	0
Issuance of common stock for cash (in share)		394,007	0
Amortization of non-cash stock-based compensation	177	$ 0	$ 0	177	0
Net loss	(8,741)	0	0	0	(8,741)
Balance at Dec. 31, 2015	(5,694)	$ 0	$ 0	20,181	(25,875)
Balance (in share) at Dec. 31, 2015		3,702,865	0
Issuance of preferred stock	2,393	$ 0	$ 0	2,393	0
Issuance of preferred stock (in share)		0	2,802,430
Conversion of preferred to common stock	0	$ 0	$ 0	0	0
Conversion of preferred to common stock (In shares)		756,806	(2,802,430)
Exchange of debt for equity	3,520	$ 0	$ 0	3,520	0
Exchange of debt for equity (in Shares)		782,244	0
Issuance of common stock and warrants in IPO net of issuance costs	6,843	$ 1	$ 0	6,842	0
Issuance of common stock and warrants in IPO net of issuance costs (in shares)		2,025,000	0
Issuance of restricted shares of common stock	0	$ 0	$ 0	0	0
Issuance of restricted shares of common stock (in shares)		33,248	0
Issuance of restricted shares of common stock, net of issuance costs	673	$ 0	$ 0	673	0
Issuance of restricted shares of common stock, net of issuance costs (In Shares)		484,848	0
Amortization of non-cash stock-based compensation	966	$ 0	$ 0	966	0
Net loss	(6,213)	0	0	0	(6,213)
Balance at Dec. 31, 2016	$ 2,488	$ 1	$ 0	$ 34,575	$ (32,088)
Balance (in share) at Dec. 31, 2016		7,785,011	0

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities
Net loss	$ (6,213,000)	$ (8,741,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of stock-based compensation	966,000	356,000
Amortization of deferred debt issuance costs and debt discount	740,000	583,000
Amortization of trademark	131,000	54,000
Gain on debt conversion	(557,000)	0
Debt conversion expense	0	898,000
Changes in operating assets and liabilities:
Accounts receivable	(365,000)	2,746,000
Inventories	(472,000)	1,954,000
Prepaid expenses and other	(478,000)	(73,000)
Other assets	0	28,000
Accounts payable	(753,000)	(585,000)
Accrued expenses	(1,569,000)	(887,000)
Customer refund	(10,000)	1,850,000
Due to related party	0	(92,000)
Net cash used in operating activities	(8,427,000)	(1,730,000)
Provision for doubtful accounts	153,000	179,000
Cash flows from financing activities
Proceeds from issuance of preferred stock, net	2,393,000	0
Proceeds from issuance of common stock, net	673,000	0
Proceeds from issuance of IPO common stock and warrants	8,151,000	0
Prepaid IPO Costs	(689,000)	0
Private placement offering	0	2,969,000
Proceeds from short-term loan - related party	0	100,000
Payments on short-term loan - related party	0	(151,000)
Proceeds from issuance of convertible debt and warrants	0	1,645,000
Proceeds from issuance of bridge financing	406,000	2,955,000
Payments on bridge financing	(462,000)	0
Proceeds from credit facility	641,000	6,902,000
Payments on credit facility	(845,000)	(11,738,000)
Payments on trademark note payable	(450,000)	(50,000)
Deferred financing costs	(57,000)	(880,000)
Net cash provided by financing activities	9,761,000	1,752,000
Net increase in cash	1,334,000	22,000
Cash, beginning of the year	119,000	97,000
Cash, end of the year	1,453,000	119,000
Cash paid during the year for:
Interest	59,000	333,000
Income taxes	2,000	2,000
Non-cash investing and financing activities:
Reclassification of deferred IPO costs	619,000	0
Exchange of debt for equity	3,520,000	2,272,000
Issuance of common stock in connection with trademark license	0	2,103,000
Accrued deferred IPO and debt issuance costs	0	$ 592,000
IPO [Member]
Non-cash investing and financing activities:
Exchange of debt for equity	$ 3,520,000

BUSINESS ACTIVITY AND SUMMARY O

BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 1 — BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization Monster Digital, Inc. (“MDI”), a Delaware corporation (formed in November 2010), and its subsidiary, SDJ Technologies, Inc. (“SDJ”) (collectively referred to as the “Company”), is an importer of high-end memory storage products, flash memory and action sports cameras marketed and sold under the Monster Digital brand name acquired under a long-term licensing agreement with Monster, Inc. The Company sources its products from China, Taiwan and Hong Kong. : The Company closed its initial public offering (the “Offering”) on July 13, 2016 and its common stock and warrants are listed on the Nasdaq Capital Market under the symbols “MSDI” and “MSDIW”, respectively. The Offering generated gross proceeds of $9,132,750 on the sale of 2,025,000 4.50 2,025,000 0.01 : The consolidated financial statements of MDI and its subsidiary SDJ have been prepared in accordance with accounting principles generally accepted in the United States of America. : The consolidated financial statements include accounts of MDI and SDJ. All significant intercompany transactions have been eliminated in consolidation. : The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities (including sales returns, price protection allowances, bad debts, inventory reserves, warranty reserves, and asset impairments), 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 significantly from those estimates. : The Company maintains its cash in bank accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. Management believes the Company is not exposed to any significant credit risk on its cash balances. : Accounts receivable are carried at original invoice amount less allowance for doubtful accounts. Management determines the allowance for doubtful accounts by identifying troubled accounts and by using historical experience applied to an aging of accounts. Accounts receivable are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received. Accounts receivable are considered to be past due if any portion of the receivable balance is outstanding for more than 90 days past the customer’s granted terms. The Company does not charge interest on past due balances or require collateral on its accounts receivable. As of December 31, 2016 and 2015, the allowance for doubtful accounts is approximately $ 253,000 99,000 : Inventories are stated at the lower of cost or market, with cost being determined on the weighted average cost method of accounting. The Company purchases finished goods and materials to assemble kits in quantities that it anticipates will be fully used in the near term. Changes in operating strategy, customer demand, and fluctuations in market values can limit the Company’s ability to effectively utilize all products purchased and can result in finished goods with above-market carrying costs which may cause losses on sales to customers. The Company’s policy is to closely monitor inventory levels, obsolescence and lower market values compared to costs and, when necessary, reduce the carrying amount of its inventory to its market value. As of December 31, 2016 and 2015, inventory on hand was comprised primarily of finished goods ready for sale. : Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. As such, fair value is a market-based measurement that should be determined based on the assumptions that market participants would use in pricing an asset or liability. Fair value is based on a hierarchy of valuation techniques, which is determined on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s own market assumptions. These two types of inputs create a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Quoted prices for identical instruments in active markets. Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. All stock purchase warrants (see Note 5) are valued under methods of fair value under the Level 3 tier, as described above. The carrying amount for other financial instruments, which include cash, accounts receivable, accounts payable, notes payable and line of credit, approximate fair value based upon their short term nature and maturity. : Revenue is realized or realizable and earned when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) the sales price is fixed or determinable, (3) collectability is reasonably assured, and (4) products have been shipped and the customer has taken ownership and assumed the risk of loss. Distributors and retailers take full ownership of their product upon delivery and sales are fully recognized at that time. Revenue is reduced by reserves for price protection, sales returns, allowances and rebates. Our reserve estimates are based upon historical data as well as projections of sales, customer inventories, market conditions and current contractual sales terms. If the Company reduces the list price of its products, certain customers may receive a credit from the Company (i.e. price protection). The Company estimates the impact of such pricing changes on a regular basis and adjusts its allowances accordingly. Amounts charged to operations for price protection are calculated based on actual price changes on individual products and customer inventory levels. The reserve is then reduced by actual credits given to these customers at the time the credits are issued. We calculate the allowance for doubtful accounts and provision for sales returns and rebates based on management’s estimate of the amount expected to be uncollectible or returned on specific accounts. We provide for future returns, price protection and rebates at the time the products are sold. We calculate an estimate of future returns of product by analyzing units shipped, units returned and point of sale data to ascertain consumer purchases and inventory remaining with retail to establish anticipated returns. Price protection is calculated on a product by product basis. The objective of price protection is to mitigate returns by providing retailers with credits to ensure maximum consumer sales. Price protection is granted to retailers after they have presented the Company an affidavit of existing inventory. The Company also offers market development credits to certain of its customers. These credits are also charged against revenue. : Historically, the Company has not charged its customers for shipping and handling costs, which is a component of marketing and selling expenses. These costs totaled approximately $ 137,000 329,000 : Deferred tax assets and liabilities are determined based on the temporary differences between the financial reporting and tax basis of assets and liabilities and net operating loss carryforwards, applying enacted statutory tax rates in effect for the year in which the differences are expected to reverse. A valuation allowance is recorded when it is more likely than not that some or all of the deferred tax assets will not be realized. The Company uses a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more likely than not to be realized upon settlement. As of December 31, 2016 and 2015, there are no known uncertain tax positions. The Company policy is to classify the liability for unrecognized tax benefits as current to the extent that it is more likely than not to be realized upon settlement and to the extent that the Company anticipates payment (or receipt) of cash within one year. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits in the tax provision. : The Company’s memory products are sold under various limited warranty arrangements ranging from three years to five years on solid state drives and a limited lifetime warranty on all other products. Company policy is to establish reserves for estimated product warranty costs in the period when the related revenue is recognized. The Company has the right to return defective products to the manufacturer. As of December 31, 2016 and 2015, the Company has established a warranty reserve of $ 118,000 234,000 The Company incurs costs to improve the appeal and functionality of its products. Research and development costs are charged to expense when incurred. Basic earnings (loss) per share is calculated by dividing net earnings (loss) attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings (loss) per share is calculated similarly but includes potential dilution from the exercise of common stock options, warrants and conversion of debt to equity, except when the effect would be anti-dilutive. Earnings (loss) per share is computed using the “treasury stock method.” For 2016, outstanding warrants to acquire 4,159,909 2,025,000 1,405,007 729,902 101,077 38,000 122,239 325,093 71,040 38,000 — In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606). In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements — Going Concern In April 2015, the FASB issued ASU 2015-03, Interest — Imputation of Interest In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory In November 2015, the FASB issued ASU No. 2015-17 , Income Taxes (Topic 740), Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting (Topic 718), In January 2017, the FASB issued ASU No. 2017-01, Business Combinations – Clarifying the Definition of a Business, Other pronouncements issued by the FASB or other authoritative accounting standards groups with future effective dates are either not applicable or not significant to the consolidated financial statements of the Company.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2016
Going Concern [Abstract]
Substantial Doubt about Going Concern [Text Block]	NOTE 2 — GOING CONCERN As of December 31, 2016, the Company has incurred cumulative net losses from its inception of approximately $ 32 6 • Subsequent to December 31, 2016, the Company raised approximately $ 287,000 • In order to meet customers’ needs for consumer products, the Company is continuing to develop new products to complement existing products and expand overall product offerings, with the objective of increasing revenue and gross profit percentages. The Company introduced two new action sports cameras in the third quarter of 2016 and will be introducing additional new action sports cameras in 2017. While the Company believes it will be successful in obtaining the necessary financing to fund its operations, there are no assurances that such additional funding will be achieved and that it will succeed in its future operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts of liabilities that might be necessary should the Company be unable to continue in existence.

DEBT FINANCING

DEBT FINANCING	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 3 — DEBT FINANCING Credit Facility In June 2015, the Company secured an accounts receivable financing facility with Bay View Funding. The contract provides for maximum funding of $ 4 0 215,000 Debt to Equity Exchange Offer In December 2014, the Company extended an offer to its convertible Note holders for the exchange of convertible Notes, accrued interest and common stock purchase warrants into common stock. In the offer, the conversion rate on the principal amount of the Notes was reduced from $ 22.27 14.85 As further inducement to the offer for the new shares issued in connection with the exchange offer, the Company’s principal shareholder agreed to put back to the Company an equal number of shares owned by him (to a maximum of 336,682 Through December 31, 2014, a total of $ 3,428,000 5,870,000 1,645,000 898,000 158,265 38,000 Promissory notes From October 2015 through March 7, 2016, the Company issued promissory notes; the notes were due and payable at the earlier of one year from the date of issuance or the closing date of the Company’s initial public offering, bear an interest rate of 15 756,000 389,000 90 3,024,000 672,000 672,000 4.50 15 22.5 336,000 3.0 Due to Monster, Inc . In addition to the issuance of shares of common stock and common stock purchase warrants (see Note 5), the Company has agreed to pay Monster, Inc. $ 500,000 125,000 50,000 375,000 December 31, December 31, Note payable, convertible debt $ 38 $ 38 Due to Monster, Inc. — 450 Interest and loan origination fee accrued related to promissory — 1,108 Promissory notes payable, 2015 bridge loans, net $563 debt discount and net debt issuance cost of $483 — 1,909 Total $ 38 $ 3,505

ACCRUED EXPENSES

ACCRUED EXPENSES	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	NOTE 4 — ACCRUED EXPENSES December 31, 2016 December 31, 2015 Royalties $ 125 $ 103 Market development credits 109 336 Price protection 107 563 Return reserves 118 891 Reserve for legal contingencies — 300 Accrued purchase orders 158 123 Due to customer for promotional credits 445 445 Others 724 550 Total $ 1,786 $ 3,311

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 5 — STOCKHOLDERS’ EQUITY Reverse Stock Splits : By action by written consent of the Company’s stockholders effective as of November 6, 2015, the Company’s stockholders approved a reverse stock split in a range of between one-for-five and one-for-twelve, such exact amount to be determined by the Company’s Board of Directors prior to the effective date of a planned equity offering. On January 7, 2016, the Board of Directors of the Company approved a one-for-11.138103 reverse stock split one-for-1.2578616 reverse stock split one-for-1.06 Common Stock Purchase Warrants : From 2011 through June 30, 2015, the Company issued common stock purchase warrants in connection with the initial formation of the Company, the execution of a license agreement, and the issuance of convertible notes payable. All warrants have been valued on the date of their issuance using the Black-Sholes option pricing model using various assumptions regarding stock price volatility, risk-free interest rates, expected dividend rates, and expected term of the contract. Through December 31, 2016, none of the warrants have been exercised, and during the year ended December 31, 2015, 99,681 In August 2015, the Company issued 191,289 156,000 3,755,100 2,025,000 1,405,007 4,159,909 325,093 The Company utilizes the Black-Scholes valuation method to value warrants. The expected life represents the contractual terms. The expected volatility was estimated by analyzing the historic volatility of similar public companies. No dividend payouts were assumed as the Company has not historically paid, and is not anticipating to pay, dividends in the foreseeable future. The risk-free rate of return reflects the interest rate offered for US treasury rates over the expected life of the warrants. Fair value of warrants issued $.89 Expected term (years) 5.0 Risk-free interest rate 1.60% Volatility 45.4% Dividend yield None Common Stock Purchase Rights Offering : In April 2015, the Company initiated a common stock purchase rights offering to its existing shareholders. The offering consists of 108,138 44.55 78,801 236,405 2,969 Restricted Shares : In August 2015, the Company issued 84,170 274,000 179,000 In August 2015, the Company issued 382,575 2,103,000 5.49 In August 2016, the Company authorized the issuance of 40,000 23 125,000 563 In November 2016, the Company entered into a securities purchase agreement with the selling stockholder providing for the issuance and sale to such investor of 333,333 1.50 500,000 446 151,515 1.65 250,000 226 1.50 226,000 339,000 287 Preferred Stock : In March 2016, the Company issued a confidential Private Placement Memorandum (“PPM”) for a maximum of 3,000,000 2,802,430 2.4 622,762 622,762 4.50 134,044

STOCK OPTIONS

STOCK OPTIONS	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 6 — STOCK OPTIONS In 2012, the Company’s Board of Directors approved the 2012 Omnibus Incentive Plan (the “Plan”) which allows for the granting of stock options, stock appreciation rights, awards of restricted stock and restricted stock Units, stock bonuses and other cash and stock-based performance awards. A total of 970,350 600,000 124,645 71,040 778,949 299,310 On December 23, 2015, the Company authorized restricted stock grants under its 2012 Omnibus Incentive Plan of 13,467 33,668 39,000 49,000 24 On the effective date of the Offering, 25,000 36,332 10,000 56,000 154,000 42 Also granted on the effective date of the Offering were previously approved options to acquire 16,834 33,668 4.50 18,000 4.50 2,000 16,000 42 In August 2016, pursuant to a services agreement, the Company granted options to acquire 38,143 9,000 26,000 9 The Company follows the provision of the ASC Topic 718, Compensations — Stock Compensation Estimated Fair Value of Options Exercise Underlying Intrinsic Option Date Granted Price Stock Value May 2015 71,040 $ 29.71 $ 5.79 None July 2016 86,502 $ 4.50 $ 4.50 None August 2016 6,004 $ 5.00 $ 3.00 None August 2016 7,230 $ 7.00 $ 3.00 None August 2016 9,986 $ 9.00 $ 3.00 None August 2016 14,923 $ 11.00 $ 3.00 None The Company’s Board of Directors granted options for 71,040 In regards to the valuation of the Company’s common stock, the Board of Directors engaged an independent third party valuation of the Company. Factors included in the valuation included the Company’s present value of future cash flows, its capital structure, valuation of comparable companies, its existing licensing agreements and the growth prospects for its product line. These factors were incorporated into an income approach and a market approach in order to derive an overall valuation of the Company’s common stock of $ 5.79 The Company utilizes the Black-Scholes valuation method to value stock options and recognizes compensation expense over the vesting period. The expected life represents the period that the Company’s stock-based compensation awards are expected to be outstanding. The Company uses a simplified method provided in Securities and Exchange Commission release Staff Accounting Bulletin No. 110 which averages an awards weighted average vesting period and contractual term for “plain vanilla” share options. The expected volatility was estimated by analyzing the historic volatility of similar public companies. No dividend payouts were assumed as the Company has not historically paid, and is not anticipating to pay, dividends in the foreseeable future. The risk-free rate of return reflects the weighted average interest rate offered for U.S. treasury rates over the expected life of the options. Weighted average fair value of options granted $0.45 Expected term (years) 6.0 to 6.25 Risk-free interest rate 1.89% Volatility 45.4% Dividend yield None A summary of significant assumptions used to estimate the fair value of the stock options granted in 2016 are as follows: Weighted average fair value of options granted $1.70 Expected term (years) 6.0 to 10.0 Risk-free interest rate 1.21% to 1.51% Volatility 45.4% Dividend yield None The Company recorded non-cash stock-based compensation of $ 14,000 21,000 42,000 42 Weighted Average Remaining Weighted Contract Number of Avg. Term Aggregate Options Exercise Price (Years) Intrinsic Value Options outstanding January 1, 2015 — $ — — $ — Granted 71,040 29.71 9.50 — Forfeited — — — — Outstanding at December 31, 2015 71,040 $ 29.71 9.50 $ — Granted 124,645 5.81 9.83 — Forfeited (94,608) — — — Outstanding at December 31, 2016 101,077 $ 8.63 9.49 $ — Vested and expected to vest 101,077 $ 8.63 9.49 $ — Exercisable at December 31, 2016 9,259 $ 29.71 8.50 $ —

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 7 — RELATED PARTY TRANSACTIONS Borrowings : From time to time, the Company received short-term, non-interest bearing loans from Tandon Enterprises, Inc., a company controlled and owned by Jawahar Tandon, a former director and our former Executive Chairman of the Board and Chief Executive Officer, and Devinder Tandon, a former director, for the purpose of funding temporary working capital needs. For the year ended December 31, 2015 the Company repaid net $ 151,000 24,000 346,100 76,911 Restricted Shares Employment Agreement : The Company had an Executive Employment Agreement with Jawahar Tandon (“Executive”) to serve as the Company’s Chief Executive Officer. The agreement expired May 30, 2015 and was renewed automatically for an additional (1) year effective June 1, 2015 and shall be renewed each anniversary date thereafter. The agreement can be terminated by either party with 60 days’ notice prior to May 30, 2015 or any subsequent period thereafter. The Company shall pay the Executive a base annual salary of $ 250,000 30 3,500 100 Other arrangements: Pursuant to an arrangement with the Company, 4PAC, LLC, an entity owned by Tayel Tandon, the wife of Vivek Tandon, has provided marketing services to the Company commencing February 2015 at the rate of $ 5,000 55,200 In September 2015 David Clarke, the Company’s Chairman of the Board and a significant stockholder of the Company, loaned the Company $ 100,000 5 50,000 33,333 33,333 4.50 December 31, December 31, 2016 2015 Tandon Enterprises, Inc. $ — $ 322 SDJ Partners LLC 44 88 Shareholders/Officers — 100 Total $ 44 $ 510

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 8 — INCOME TAXES For the years ended December 31, 2016 and 2015, the income tax provision of $ 2,000 2016 2015 Deferred tax assets Net operating losses $ 11,473 $ 9,061 Accrued warranty 50 100 Other accrued expenses 484 774 Total deferred tax assets 12,007 9,935 Valuation allowance (12,007) (9,935) Net deferred tax asset $ — $ — The ultimate realization of the deferred tax asset is dependent upon the generation of future taxable income during the periods in which temporary differences become deductible. As of December 31, 2016, the state and federal net operating loss carryforwards are approximately $ 25,515,000 29,476,000 100 Net operating loss carryforwards expire between the years 2029 and 2036. 2016 2015 % of pre-tax % of pre-tax Earnings Earnings Federal tax (34.0) % (34.0) % State tax, net (4.9) (4.9) Non-deductible expenses — 0.1 Change in valuation allowance 33.3 37.4 Miscellaneous 5.6 1.4 0.0 % 0.0 % Management is not aware of any uncertain tax positions and does not expect the total amount of recognized tax benefits to change significantly in the next twelve months.

CUSTOMER AND VENDOR CONCENTRATI

CUSTOMER AND VENDOR CONCENTRATIONS	12 Months Ended
	Dec. 31, 2016
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	NOTE 9 — CUSTOMER AND VENDOR CONCENTRATIONS Customers : Approximately 34%, 8%, and 7% of the Company’s gross sales were made to three customers for the year ended December 31, 2016. At December 31, 2016, the amount included in outstanding accounts receivable related to these three customers was approximately $433,000. Approximately 19%, 18%, and 12% of the Company’s gross sales were made to three customers for the year ended December 31, 2015. At December 31, 2015, the amount included in outstanding accounts receivable related to these three customers was approximately $239,000. Vendors : Approximately 31 6,000 Approximately 46

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 — COMMITMENTS AND CONTINGENCIES Royalty The Company entered into the initial trademark license agreement with Monster, Inc., (formerly Monster Cable Products, Inc.) effective July 7, 2010. In 2012, the agreement was amended giving the Company exclusive rights to utilize the name “Monster Digital” on memory products for a period of 25 July 7, 2035 required to remit royalty payments to Monster, Inc. on or before the 30 th The royalty schedule became effective in August 2011 and was further amended in April 2012. As amended, royalties under this contract are as follows: • Years 1 (2010) and 2: Royalties on all sales excluding sales to Monster, Inc. at a rate of four (4) percent, with no minimum. • Years 3 through 6: Minimum royalty payments of $ 50,000 • Years 7 through 10: Minimum royalty payments of $ 125,000 • Years 11 through 15: Minimum royalty payments of $ 187,500 • Years 16 through 25: Minimum royalty payments of $ 250,000 Effective July 1, 2014, the royalty rate on certain products was reduced from 4 2 For the years ended December 31, 2016 and 2015, royalty expense amounted to approximately $ 371,000 262,000 125,000 Operating Lease The Company occupies executive offices in Simi Valley, CA pursuant to a lease through January 31, 2018 13,850 Customer payment agreement In July 2015, the Company entered into an agreement with a customer under which the Company will pay the customer a total of $ 835,000 Under the terms of the agreement, there is no interest and the Company will make 12 monthly payments of $65,000 beginning in August 2015, and one final payment of $65,000 in August 2016. 445,000 Legal matters The Company is subject to certain legal proceedings and claims arising in connection with the normal course of its business. On March 9, 2015, Memphis Electronics, Inc. (“MEI”) filed a complaint against SDJ and the Company, case no. 4:15-cv-1104; in U.S. District Court for the Southern District of Texas. The complaint alleged breach of contract and tort for an alleged order or orders for computer components. Plaintiff’s claims are based in contract and tort (negligent and intentional misrepresentations) relating to nonpayment of approximately $ 275,000 170,000 On August 18, 2015, Phison Electronics Corp. (“Phison”) filed a complaint against SDJ, case no. 115 CV284516, in California Superior Court in Santa Clara County. The complaint alleged breach of contract and breach of implied covenant of good faith and fair dealing resulting in claimed damages of approximately $ 585,000 On August 28, 2015, Unigen Corporation, or Unigen, filed a complaint against SDJ, case no. HG15-78385, in California Superior Court in Alameda County. The complaint alleged breach of contract for an alleged order or orders for 219,200 180,000 678,669 35,000 225,000 On February 16, 2016, the Company received a letter from GoPro, Inc., or GoPro, alleging that the Company infringes on at least five U.S. patents held by GoPro, and requesting that confirm in writing that the Company will permanently cease the sale and distribution of its Villain camera, along with any camera accessories, including the waterproof camera case and standard housing. The five patents specifically identified by GoPro in the letter were U.S. Patent No. D710,921: camera housing design, U.S. Patent No. D702,747: camera housing design, U.S. Patent No. D740,875: camera housing design, U.S. Patent No. D737,879: camera design and U.S. Patent No. 721,935: camera design. Based upon our preliminary review of these patents, the Company believes it has some defenses to GoPro’s allegations, although there can be no assurance that the Company will be successful in defending against these allegations or reaching a business resolution that is satisfactory to us. In addition, we have begun marketing and selling the camera under the name “Monster Vision” and phasing out the “Villain” name. We have had no correspondence from GoPro since instituting the name change. The supplier of the Company’s Villain camera has contractually represented and warranted that it owns or has paid royalties to any and all intellectual property, designs, software, hardware, packaging, components, manuals and any other portion, part or element that is or may be subject to the Villain and the parts and accessories thereof sourced by the supplier. This supplier has contractually agreed to pay any claims, damages, or costs that the Company suffers as a result of the patent infringement or a violation of international, U.S. or state laws or regulations as detailed in the prior sentence

BUSINESS ACTIVITY AND SUMMARY17

BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Public Offering [Policy Text Block]	Public Offering : The Company closed its initial public offering (the “Offering”) on July 13, 2016 and its common stock and warrants are listed on the Nasdaq Capital Market under the symbols “MSDI” and “MSDIW”, respectively. The Offering generated gross proceeds of $9,132,750 on the sale of 2,025,000 4.50 2,025,000 0.01
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation : The consolidated financial statements of MDI and its subsidiary SDJ have been prepared in accordance with accounting principles generally accepted in the United States of America.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation : The consolidated financial statements include accounts of MDI and SDJ. All significant intercompany transactions have been eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates : The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities (including sales returns, price protection allowances, bad debts, inventory reserves, warranty reserves, and asset impairments), 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 significantly from those estimates.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Cash : The Company maintains its cash in bank accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. Management believes the Company is not exposed to any significant credit risk on its cash balances.
Receivables, Policy [Policy Text Block]	Accounts Receivable : Accounts receivable are carried at original invoice amount less allowance for doubtful accounts. Management determines the allowance for doubtful accounts by identifying troubled accounts and by using historical experience applied to an aging of accounts. Accounts receivable are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received. Accounts receivable are considered to be past due if any portion of the receivable balance is outstanding for more than 90 days past the customer’s granted terms. The Company does not charge interest on past due balances or require collateral on its accounts receivable. As of December 31, 2016 and 2015, the allowance for doubtful accounts is approximately $ 253,000 99,000
Inventory, Policy [Policy Text Block]	Inventories : Inventories are stated at the lower of cost or market, with cost being determined on the weighted average cost method of accounting. The Company purchases finished goods and materials to assemble kits in quantities that it anticipates will be fully used in the near term. Changes in operating strategy, customer demand, and fluctuations in market values can limit the Company’s ability to effectively utilize all products purchased and can result in finished goods with above-market carrying costs which may cause losses on sales to customers. The Company’s policy is to closely monitor inventory levels, obsolescence and lower market values compared to costs and, when necessary, reduce the carrying amount of its inventory to its market value. As of December 31, 2016 and 2015, inventory on hand was comprised primarily of finished goods ready for sale.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments : Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. As such, fair value is a market-based measurement that should be determined based on the assumptions that market participants would use in pricing an asset or liability. Fair value is based on a hierarchy of valuation techniques, which is determined on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s own market assumptions. These two types of inputs create a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Quoted prices for identical instruments in active markets. Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. All stock purchase warrants (see Note 5) are valued under methods of fair value under the Level 3 tier, as described above. The carrying amount for other financial instruments, which include cash, accounts receivable, accounts payable, notes payable and line of credit, approximate fair value based upon their short term nature and maturity.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition : Revenue is realized or realizable and earned when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) the sales price is fixed or determinable, (3) collectability is reasonably assured, and (4) products have been shipped and the customer has taken ownership and assumed the risk of loss. Distributors and retailers take full ownership of their product upon delivery and sales are fully recognized at that time. Revenue is reduced by reserves for price protection, sales returns, allowances and rebates. Our reserve estimates are based upon historical data as well as projections of sales, customer inventories, market conditions and current contractual sales terms. If the Company reduces the list price of its products, certain customers may receive a credit from the Company (i.e. price protection). The Company estimates the impact of such pricing changes on a regular basis and adjusts its allowances accordingly. Amounts charged to operations for price protection are calculated based on actual price changes on individual products and customer inventory levels. The reserve is then reduced by actual credits given to these customers at the time the credits are issued. We calculate the allowance for doubtful accounts and provision for sales returns and rebates based on management’s estimate of the amount expected to be uncollectible or returned on specific accounts. We provide for future returns, price protection and rebates at the time the products are sold. We calculate an estimate of future returns of product by analyzing units shipped, units returned and point of sale data to ascertain consumer purchases and inventory remaining with retail to establish anticipated returns. Price protection is calculated on a product by product basis. The objective of price protection is to mitigate returns by providing retailers with credits to ensure maximum consumer sales. Price protection is granted to retailers after they have presented the Company an affidavit of existing inventory. The Company also offers market development credits to certain of its customers. These credits are also charged against revenue.
Shipping and Handling Cost, Policy [Policy Text Block]	Shipping and Handling Costs : Historically, the Company has not charged its customers for shipping and handling costs, which is a component of marketing and selling expenses. These costs totaled approximately $ 137,000 329,000
Income Tax, Policy [Policy Text Block]	Income Taxes : Deferred tax assets and liabilities are determined based on the temporary differences between the financial reporting and tax basis of assets and liabilities and net operating loss carryforwards, applying enacted statutory tax rates in effect for the year in which the differences are expected to reverse. A valuation allowance is recorded when it is more likely than not that some or all of the deferred tax assets will not be realized. The Company uses a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more likely than not to be realized upon settlement. As of December 31, 2016 and 2015, there are no known uncertain tax positions. The Company policy is to classify the liability for unrecognized tax benefits as current to the extent that it is more likely than not to be realized upon settlement and to the extent that the Company anticipates payment (or receipt) of cash within one year. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits in the tax provision.
Guarantees, Indemnifications and Warranties Policies [Policy Text Block]	Product Warranty : The Company’s memory products are sold under various limited warranty arrangements ranging from three years to five years on solid state drives and a limited lifetime warranty on all other products. Company policy is to establish reserves for estimated product warranty costs in the period when the related revenue is recognized. The Company has the right to return defective products to the manufacturer. As of December 31, 2016 and 2015, the Company has established a warranty reserve of $ 118,000 234,000
Research and Development Expense, Policy [Policy Text Block]	Research and Development: The Company incurs costs to improve the appeal and functionality of its products. Research and development costs are charged to expense when incurred.
Earnings Per Share, Policy [Policy Text Block]	Earnings (Loss) per Share: Basic earnings (loss) per share is calculated by dividing net earnings (loss) attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings (loss) per share is calculated similarly but includes potential dilution from the exercise of common stock options, warrants and conversion of debt to equity, except when the effect would be anti-dilutive. Earnings (loss) per share is computed using the “treasury stock method.” For 2016, outstanding warrants to acquire 4,159,909 2,025,000 1,405,007 729,902 101,077 38,000 122,239 325,093 71,040 38,000
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements — In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606). In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements — Going Concern In April 2015, the FASB issued ASU 2015-03, Interest — Imputation of Interest In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory In November 2015, the FASB issued ASU No. 2015-17 , Income Taxes (Topic 740), Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting (Topic 718), In January 2017, the FASB issued ASU No. 2017-01, Business Combinations – Clarifying the Definition of a Business, Other pronouncements issued by the FASB or other authoritative accounting standards groups with future effective dates are either not applicable or not significant to the consolidated financial statements of the Company.

DEBT FINANCING (Tables)

DEBT FINANCING (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Notes payable consists of the following (in thousands): December 31, December 31, Note payable, convertible debt $ 38 $ 38 Due to Monster, Inc. — 450 Interest and loan origination fee accrued related to promissory — 1,108 Promissory notes payable, 2015 bridge loans, net $563 debt discount and net debt issuance cost of $483 — 1,909 Total $ 38 $ 3,505

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Accrued expenses consist of the following (in thousands): December 31, 2016 December 31, 2015 Royalties $ 125 $ 103 Market development credits 109 336 Price protection 107 563 Return reserves 118 891 Reserve for legal contingencies — 300 Accrued purchase orders 158 123 Due to customer for promotional credits 445 445 Others 724 550 Total $ 1,786 $ 3,311

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	A summary of significant assumptions used to estimate the fair value of the warrants issued in August 2015 are as follows: Fair value of warrants issued $.89 Expected term (years) 5.0 Risk-free interest rate 1.60% Volatility 45.4% Dividend yield None

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Activity [Table Text Block]	In 2015 and 2016, the following stock option grants were made: Estimated Fair Value of Options Exercise Underlying Intrinsic Option Date Granted Price Stock Value May 2015 71,040 $ 29.71 $ 5.79 None July 2016 86,502 $ 4.50 $ 4.50 None August 2016 6,004 $ 5.00 $ 3.00 None August 2016 7,230 $ 7.00 $ 3.00 None August 2016 9,986 $ 9.00 $ 3.00 None August 2016 14,923 $ 11.00 $ 3.00 None A summary of option activity for the Plan as of December 31, 2016 and 2015 and changes for the years then ended are represented as follows: Weighted Average Remaining Weighted Contract Number of Avg. Term Aggregate Options Exercise Price (Years) Intrinsic Value Options outstanding January 1, 2015 — $ — — $ — Granted 71,040 29.71 9.50 — Forfeited — — — — Outstanding at December 31, 2015 71,040 $ 29.71 9.50 $ — Granted 124,645 5.81 9.83 — Forfeited (94,608) — — — Outstanding at December 31, 2016 101,077 $ 8.63 9.49 $ — Vested and expected to vest 101,077 $ 8.63 9.49 $ — Exercisable at December 31, 2016 9,259 $ 29.71 8.50 $ —
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	A summary of significant assumptions used to estimate the fair value of the stock options granted in 2015 are as follows: Weighted average fair value of options granted $0.45 Expected term (years) 6.0 to 6.25 Risk-free interest rate 1.89% Volatility 45.4% Dividend yield None A summary of significant assumptions used to estimate the fair value of the stock options granted in 2016 are as follows: Weighted average fair value of options granted $1.70 Expected term (years) 6.0 to 10.0 Risk-free interest rate 1.21% to 1.51% Volatility 45.4% Dividend yield None

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	Due to related parties consists of the following at December 31, 2016 and 2015 (dollars in thousands): December 31, December 31, 2016 2015 Tandon Enterprises, Inc. $ — $ 322 SDJ Partners LLC 44 88 Shareholders/Officers — 100 Total $ 44 $ 510

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The deferred tax asset is comprised of the following (dollars in thousands): 2016 2015 Deferred tax assets Net operating losses $ 11,473 $ 9,061 Accrued warranty 50 100 Other accrued expenses 484 774 Total deferred tax assets 12,007 9,935 Valuation allowance (12,007) (9,935) Net deferred tax asset $ — $ —
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The reconciliation of the U.S. statutory rate with the Company’s effective test rate is summarized as follows: 2016 2015 % of pre-tax % of pre-tax Earnings Earnings Federal tax (34.0) % (34.0) % State tax, net (4.9) (4.9) Non-deductible expenses — 0.1 Change in valuation allowance 33.3 37.4 Miscellaneous 5.6 1.4 0.0 % 0.0 %

BUSINESS ACTIVITY AND SUMMARY24

BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	Jul. 13, 2016	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2015
Significant Accounting Policies Disclosure [Line Items]
Proceeds from Issuance Initial Public Offering	$ 9,132,750	$ 8,151,000	$ 0
Stock Issued During Period, Shares, New Issues	2,025,000
Shares Issued, Price Per Share	$ 4.50			$ 4.50
Warrants Issued During Period Value	$ 2,025,000
Warrants Issued Price Per Share	$ 0.01
Allowance for Doubtful Accounts Receivable		253,000	99,000
Shipping, Handling and Transportation Costs		137,000	329,000
Extended Product Warranty Accrual, Current		$ 118,000	$ 234,000
Convertible Debt Securities [Member]
Significant Accounting Policies Disclosure [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		38,000
Common Stock Shares [Member]
Significant Accounting Policies Disclosure [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		4,159,909	325,093
Offering Common Stock [Member]
Significant Accounting Policies Disclosure [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		2,025,000
Preferred Stock and Bridge Loan [Member]
Significant Accounting Policies Disclosure [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		1,405,007
Other Warrants [Member]
Significant Accounting Policies Disclosure [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		729,902
Convertible Notes Payable [Member]
Significant Accounting Policies Disclosure [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			38,000
Common Stock [Member]
Significant Accounting Policies Disclosure [Line Items]
Stock Issued During Period, Shares, New Issues	134,044		394,007
Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Shares		101,077
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			71,040
Warrant [Member]
Significant Accounting Policies Disclosure [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			122,239

GOING CONCERN (Details Textual)

GOING CONCERN (Details Textual)	12 Months Ended
	Dec. 31, 2016USD ($)
Going Concern [Line Items]
Capital Deficit	$ 6,000,000
Accumulated Other Comprehensive Income (Loss), Net of Tax	32,000,000
Proceeds from Sale of Restricted Investments	$ 287,000

DEBT FINANCING (Details)

DEBT FINANCING (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Note payable, convertible debt	$ 38	$ 38
Due to Monster, Inc.	0	450
Interest and loan origination fee accrued related to promissory notes payable and accrued at issuance	0	1,108
Promissory notes payable, 2015 bridge loans, net $563 debt discount and net debt issuance cost of $483	0	1,909
Total	$ 38	$ 3,505

DEBT FINANCING (Details Textual

DEBT FINANCING (Details Textual)	Mar. 07, 2016$ / shares	Sep. 30, 2016USD ($)	Jul. 13, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)	Mar. 31, 2015USD ($)shares	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)shares	Dec. 31, 2014USD ($)$ / sharesshares	Sep. 30, 2015$ / shares	Jun. 30, 2015USD ($)
Short-term Debt [Line Items]
Payments of Debt Issuance Costs							$ 57,000	$ 880,000
Notes Payable, Current				$ 3,505,000			38,000	3,505,000
Debt Instrument, Interest Rate, Stated Percentage	15.00%
Loan Processing Fee Each Dollar | $ / shares	$ 0.225
Amortization of Debt Issuance Costs and Discounts							$ 740,000	583,000
Shares Issued, Price Per Share | $ / shares			$ 4.50							$ 4.50
Bridge Loan				563,000				563,000
Unamortized Debt Issuance Expense				483,000				483,000
Notes Payable				3,000,000				$ 3,000,000
Stock Issued During Period, Shares, New Issues | shares			2,025,000
Common Stock [Member]
Short-term Debt [Line Items]
Debt Conversion, Converted Instrument, Shares Issued | shares							782,244	160,654
Stock Issued During Period, Shares, New Issues | shares			134,044					394,007
Trade Names [Member]
Short-term Debt [Line Items]
Payments to Acquire Intangible Assets		$ 375,000		50,000		$ 125,000		$ 500,000
Convertible Notes Payable [Member]
Short-term Debt [Line Items]
Convertible Notes Payable Conversion Price Current Rate | $ / shares									$ 22.27
Convertible Notes Payable Conversion Price Reduced Rate | $ / shares									$ 14.85
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right | shares									0.07
Number Of Warrants Called By Each Securities | shares									0.13
Debt Instrument, Convertible, Number of Equity Instruments									336,682
Debt Conversion, Original Debt, Amount									$ 3,428,000
Adjustments to Additional Paid in Capital, Convertible Debt with Conversion Feature									$ 5,870,000
Proceeds from Convertible Debt								1,645,000
Payments of Debt Issuance Costs					$ 898,000
Debt Conversion, Converted Instrument, Shares Issued | shares					158,265
Notes Payable, Current				38,000			$ 38,000	38,000
Loans Payable [Member]
Short-term Debt [Line Items]
Debt Conversion, Converted Instrument, Shares Issued | shares			672,000
Loan Processing Fee								756,000
Amortization of Debt Issuance Costs and Discounts							389,000
Percentage of Outstanding Promissory Notes			90.00%
Shares Issued, Price Per Share | $ / shares			$ 4.50
Conversion of Debt, Percentage of Accrued Interest Waived			15.00%
Origination of Loan to Purchase Common Stock			$ 336,000
Payments to Acquire Intangible Assets			$ 3,024,000
Conversion of Debt, Percentage of Origination Fees Waived			22.50%
Debt Conversion, Converted Instrument, Warrants or Options Issued | shares			672,000
Bay View Funding [Member]
Short-term Debt [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity											$ 4,000,000
Line of Credit Facility, Fair Value of Amount Outstanding				$ 215,000			$ 0	$ 215,000

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule Of Accrued Liabilities [Line Items]
Royalties	$ 125	$ 103
Market development credits	109	336
Price protection	107	563
Return reserves	118	891
Reserve for legal contingencies	0	300
Accrued purchase orders	158	123
Due to customer for promotional credits	445	445
Others	724	550
Total	$ 1,786	$ 3,311

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - Warrant [Member]	12 Months Ended
	Dec. 31, 2016$ / shares
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair value of warrants issued	$ 0.89
Expected term (years)	5 years
Risk-free interest rate	1.60%
Volatility	45.40%
Dividend yield	0.00%

STOCKHOLDERS' EQUITY (Details T

STOCKHOLDERS' EQUITY (Details Textual) - USD ($)

Jun. 23, 2016

Jun. 06, 2016

Jan. 07, 2016

Nov. 30, 2016

Jul. 13, 2016

Jun. 30, 2016

Aug. 31, 2015

Mar. 17, 2017

Sep. 30, 2015

Dec. 31, 2016

Dec. 31, 2015

Aug. 31, 2016

Mar. 31, 2016

Apr. 30, 2015

Dec. 31, 2012

Class of Stock [Line Items]

Warrant Cancelled During Period

99,681

Warrants Issued During Period Value

$ 2,025,000

Class of Warrant or Right, Number of Securities Called by Warrants or Rights

3,755,100

Stock Issued During Period, Shares, New Issues

2,025,000

Proceeds from Issuance of Common Stock

$ 673,000

$ 0

Stockholders' Equity, Reverse Stock Split

one-for-1.06

one-for-1.2578616 reverse stock split

one-for-11.138103 reverse stock split

Restricted Stock or Unit Expense

$ 14,000

21,000

Convertible Preferred Stock, Terms of Conversion

with a purchase price of $1.00 per share and convertible into one share of the Companys common stock and having an 8%, noncumulative dividend.

Proceeds from Issuance of Private Placement

$ 0

2,969,000

Shares Issued, Price Per Share

$ 4.50

$ 4.50

Stock Issued During Period, Value, Restricted Stock Award, Gross

673,000

Convertible Preferred Stock Warrants Issued upon Conversion

622,762

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

970,350

Share-based Compensation

$ 966,000

356,000

Conversion of Stock, Shares Issued

1,405,007

Stock Issued During Period, Value, New Issues

2,969,000

Restricted Stock [Member]

Class of Stock [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

40,000

Share-based Compensation

$ 23,000

Series A Preferred Stock [Member]

Class of Stock [Line Items]

Stock Issued During Period, Shares, New Issues

134,044

Convertible Preferred Stock, Shares Issued upon Conversion

622,762

3,000,000

Sale of Stock, Number of Shares Issued in Transaction

2,802,430

Proceeds from Issuance of Private Placement

$ 2,400,000

Shares Issued, Price Per Share

$ 4.50

Trademark License Agreement [Member]

Class of Stock [Line Items]

Sale of Stock, Price Per Share

$ 5.49

Stock Issued During Period, Shares, Restricted Stock Award, Gross

382,575

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 2,103,000

Board of Directors Chairman [Member]

Class of Stock [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Gross

84,170

Restricted Stock or Unit Expense

$ 274,000

$ 179,000

Jawahar Tandon [Member] | Restricted Stock [Member]

Class of Stock [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

125,000

Share-based Compensation

$ 563,000

Common Stock Purchase Rights Offering [Member]

Class of Stock [Line Items]

Common Unit, Issued

78,801

108,138

Sale of Stock, Price Per Share

$ 44.55

Stock Issued During Period, Shares, New Issues

236,405

Proceeds from Issuance of Common Stock

$ 2,969,000

IPO [Member]

Class of Stock [Line Items]

Stock Issued During Period, Shares, New Issues

2,025,000

Private Placement [Member] | Subsequent Event [Member]

Class of Stock [Line Items]

Stock Issued During Period, Shares, New Issues

226,000

Proceeds from Issuance of Private Placement

$ 287,000

Shares Issued, Price Per Share

$ 1.50

Stock Issued During Period, Value, New Issues

$ 339,000

Private Placement [Member] | Board of Directors Chairman [Member]

Class of Stock [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Gross

151,515

Proceeds from Issuance of Private Placement

$ 226,000

Shares Issued, Price Per Share

$ 1.65

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 250,000

Private Placement [Member] | Investor [Member]

Class of Stock [Line Items]

Stock Issued During Period, Shares, New Issues

333,333

Proceeds from Issuance of Private Placement

$ 446,000

Shares Issued, Price Per Share

$ 1.50

Stock Issued During Period, Value, New Issues

$ 500,000

Chief Executive Officer [Member]

Class of Stock [Line Items]

Warrants Issued During Period Value

$ 191,289

Class of Warrant or Right, Number of Securities Called by Warrants or Rights

156,000

Class of Warrant or Right, Outstanding

4,159,909

325,093

Unexercised Warrant Expiry Period

2016 to 2021

STOCK OPTIONS (Details)

STOCK OPTIONS (Details) - $ / shares	1 Months Ended	12 Months Ended
	May 08, 2015	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted	71,040	124,645	71,040
Exercise Price		$ 5.81	$ 29.71
Estimated Fair Value of Underlying Stock	$ 5.79	$ 1.70	$ 0.45
May 2,015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted		71,040
Exercise Price		$ 29.71
Estimated Fair Value of Underlying Stock		$ 5.79
July 2,016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted		86,502
Exercise Price		$ 4.5
Estimated Fair Value of Underlying Stock		$ 4.5
August 2016 One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted		6,004
Exercise Price		$ 5
Estimated Fair Value of Underlying Stock		$ 3
August 2016 Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted		7,230
Exercise Price		$ 7
Estimated Fair Value of Underlying Stock		$ 3
August 2016 Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted		9,986
Exercise Price		$ 9
Estimated Fair Value of Underlying Stock		$ 3
August 2016 Four
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted		14,923
Exercise Price		$ 11
Estimated Fair Value of Underlying Stock		$ 3

STOCK OPTIONS (Details 1)

STOCK OPTIONS (Details 1) - $ / shares	1 Months Ended	12 Months Ended
	May 08, 2015	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value of options granted	$ 5.79	$ 1.70	$ 0.45
Risk-free interest rate			1.89%
Volatility		45.40%	45.40%
Dividend yield		0.00%	0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)		10 years	6 years 3 months
Risk-free interest rate		1.51%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)		6 years	6 years
Risk-free interest rate		1.21%

STOCK OPTIONS (Details 2)

STOCK OPTIONS (Details 2) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	May 08, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options outstanding, Beginning		71,040	0
Number of Options, Granted	71,040	124,645	71,040
Number of Options, Forfeited		(94,608)	0
Number of Options outstanding, Ending		101,077	71,040	0
Number of Options, Vested and expected to vest		101,077
Number of Options, Exercisable		9,259
Weighted Average Exercise Price, Beginning		$ 29.71	$ 0
Weighted Average Exercise Price, Granted		5.81	29.71
Weighted Average Exercise Price, Forfeited		0	0
Weighted Average Exercise Price, Ending		8.63	$ 29.71	$ 0
Weighted Average Exercise Price, Vested and expected to vest		8.63
Weighted Average Exercise Price, Exercisable		$ 29.71
Weighted Average Remaining Contract Term		9 years 5 months 26 days	9 years 6 months	0 years
Weighted Average Remaining Contract Term, Granted		9 years 9 months 29 days	9 years 6 months
Weighted Average Remaining Contract Term, Vested and expected to vest		9 years 5 months 26 days
Weighted Average Remaining Contract Term, Exercisable		8 years 6 months
Aggregate Intrinsic Value End of the Period		$ 0	$ 0
Aggregate Intrinsic Value, Vested and expected to vest		0
Aggregate Intrinsic Value, Exercisable		$ 0

STOCK OPTIONS (Details Textual)

STOCK OPTIONS (Details Textual) - USD ($)	1 Months Ended			3 Months Ended	6 Months Ended	12 Months Ended
	Aug. 31, 2016	May 31, 2016	May 08, 2015	Jun. 30, 2016	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized									970,350
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized		600,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number						101,077	71,040	0
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures						$ 0
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized						$ 42,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition						42 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value			$ 5.79			$ 1.70	$ 0.45
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			71,040			124,645	71,040
Restricted Stock or Unit Expense						$ 14,000	$ 21,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price						$ 5.81	$ 29.71
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant						778,949	299,310
Omnibus Incentive Plan 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock or Unit Expense						$ 39,000
Omnibus Incentive Plan 2012 [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized						$ 16,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition						42 months
Stock or Unit Option Plan Expense						$ 2,000
David Olert [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures						$ 25,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						16,834
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price						$ 4.50
Vivek Tondon [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price						$ 4.50
Marc Matejka [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						18,000
Restricted Stock or Unit Expense						$ 56,000
Neal Bobrick [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross				33,668		33,668
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	40,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized						$ 49,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition						24 months
Restricted Stock [Member] | Omnibus Incentive Plan 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period						3 years
Restricted Stock [Member] | Omnibus Incentive Plan 2012 [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized						$ 154,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition						42 months
Restricted Stock [Member] | Director [Member] | Omnibus Incentive Plan 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period						10,000
Restricted Stock [Member] | Neal Bobrick [Member] | Omnibus Incentive Plan 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period						36,332
President and Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures					$ 13,467
Investor [Member] | Omnibus Incentive Plan 2012 [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 26,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	9 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	38,143
Stock or Unit Option Plan Expense	$ 9,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Due to Related Parties, Current	$ 44,000		$ 510,000
Tandon Enterprises, Inc. [Member]
Related Party Transaction [Line Items]
Due to Related Parties, Current	0	$ 346,100	322,000
SDJ Partners LLC [Member]
Related Party Transaction [Line Items]
Due to Related Parties, Current	44,000		88,000
Shareholders/Officers [Member]
Related Party Transaction [Line Items]
Due to Related Parties, Current	$ 0		$ 100,000

RELATED PARTY TRANSACTIONS (D36

RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)	1 Months Ended		6 Months Ended	12 Months Ended
	Nov. 30, 2016	Sep. 30, 2015	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	Jul. 13, 2016	Mar. 07, 2016
Related Party Transaction [Line Items]
Debt Instrument, Interest Rate, Stated Percentage							15.00%
Shares Issued, Price Per Share		$ 4.50				$ 4.50
Due to Related Parties, Current				$ 44,000	$ 510,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Officers' Compensation					250,000
Accrued Vacation, Current					$ 3,500
Chief Executive Officer [Member] | Deferred Bonus [Member]
Related Party Transaction [Line Items]
Deferred Compensation Arrangement with Individual, Cash Awards Granted, Percentage					30.00%
Chief Executive Officer [Member] | Healthcare And Medical Premium [Member]
Related Party Transaction [Line Items]
Deferred Compensation Arrangement with Individual, Cash Awards Granted, Percentage					100.00%
Board of Directors Chairman [Member] | Private Placement [Member]
Related Party Transaction [Line Items]
Shares Issued, Price Per Share	$ 1.65
Stock Issued During Period, Shares, Restricted Stock Award, Gross	151,515
Tandon Enterprises, Inc. [Member]
Related Party Transaction [Line Items]
Proceeds from Related Party Debt				24,000
Due to Related Parties, Current			$ 346,100	$ 0	$ 322,000
Debt Conversion, Converted Instrument, Shares Issued			76,911
Repayments of Related Party Debt					151,000
President and Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Proceeds from Related Party Debt		$ 100,000
Debt Instrument, Interest Rate, Stated Percentage		5.00%
Debt Conversion, Converted Instrument, Warrants or Options Issued		33,333
Due to Related Parties, Current		$ 50,000
Debt Conversion, Converted Instrument, Shares Issued		33,333
Four Pac Llc [Member] | Marketing Services [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party					5,000
Related Party Transaction, Purchases from Related Party					$ 55,200

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets
Net operating losses	$ 11,473	$ 9,061
Accrued warranty	50	100
Other accrued expenses	484	774
Total deferred tax assets	12,007	9,935
Valuation allowance	(12,007)	(9,935)
Net deferred tax asset	$ 0	$ 0

INCOME TAXES (Details 1)

INCOME TAXES (Details 1)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Federal tax	(34.00%)	(34.00%)
State tax, net	(4.90%)	(4.90%)
Non-deductible expenses	0.00%	0.10%
Change in valuation allowance	33.30%	37.40%
Miscellaneous	5.60%	1.40%
Effective Income Tax Rate Reconciliation, Percent	0.00%	0.00%

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Line Items]
Deferred Tax Assets Valuation Allowance Percentage	100.00%
Operating Loss Carryforwards, Expiration Period	Net operating loss carryforwards expire between the years 2029 and 2036.
Income Tax Expense (Benefit)	$ 2,000	$ 2,000
State and Local Jurisdiction [Member]
Income Taxes [Line Items]
Operating Loss Carryforwards	25,515,000
Foreign Tax Authority [Member]
Income Taxes [Line Items]
Operating Loss Carryforwards	$ 29,476,000

CUSTOMER AND VENDOR CONCENTRA40

CUSTOMER AND VENDOR CONCENTRATIONS (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Concentration Risk [Line Items]
Accounts Payable, Current	$ 268,000	$ 1,021,000
Accounts Receivable, Net, Current	856,000	644,000
Customer Three [Member]
Concentration Risk [Line Items]
Accounts Receivable, Net, Current	$ 433,000	239,000
Three Vendors [Member]
Concentration Risk [Line Items]
Accounts Payable, Current		$ 24,000
Three Vendors [Member] | Supplier Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		46.00%
Sales Revenue, Net [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	34.00%	19.00%
Sales Revenue, Net [Member] | Customer Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	8.00%	18.00%
Sales Revenue, Net [Member] | Customer Three [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	7.00%	12.00%
One Vendors [Member]
Concentration Risk [Line Items]
Accounts Payable, Current	$ 6,000
One Vendors [Member] | Supplier Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	31.00%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual)	Mar. 09, 2015USD ($)	Oct. 26, 2016USD ($)	Aug. 28, 2015USD ($)	Aug. 18, 2015USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2012USD ($)	Jul. 31, 2015USD ($)
Commitments And Contingencies [Line Items]
Minimum royalty payments, Years Three through Six									$ 50,000
Minimum royalty payments, Years Seven through Ten									125,000
Minimum royalty payments, Eleven through Fifteen									187,500
Minimum royalty payments, Years Sixteen through Twenty-five									$ 250,000
Royalty rate							2.00%	4.00%
Cost Of Parts			$ 678,669
Incidental Expenses			$ 35,000
Royalty Expense					$ 371,000	$ 262,000
Operating Lease, Monthly Rental Payments					13,850
Other Commitment										$ 835,000
Accounts Payable, Current					$ 268,000	1,021,000
Other Commitments, Description					Under the terms of the agreement, there is no interest and the Company will make 12 monthly payments of $65,000 beginning in August 2015, and one final payment of $65,000 in August 2016.
Lessee Leasing Arrangements Operating Leases Date					Jan. 31, 2018
Number of specially constructed computer components			219,200
Accrued Royalties, Current					$ 125,000	$ 103,000
Memphis Electronics, Inc. [Member]
Commitments And Contingencies [Line Items]
Loss Contingency, Damages Sought, Value	$ 275,000
Litigation Settlement, Amount	$ 170,000
Phison Electronics Corp. [Member]
Commitments And Contingencies [Line Items]
Loss Contingency, Damages Sought, Value				$ 585,000
Unigen Corporation [Member]
Commitments And Contingencies [Line Items]
Loss Contingency, Damages Sought, Value			$ 180,000
Litigation Settlement, Amount		$ 225,000
Other Commitments [Member]
Commitments And Contingencies [Line Items]
Accounts Payable, Current					$ 445,000
Trademarks [Member]
Commitments And Contingencies [Line Items]
Finite Lived Intangible Asset Expiration Date									Jul. 7, 2035
Finite-Lived Intangible Asset, Useful Life									25 years