Recycling Asset (IDSA) 10-Q 13 Nov 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 06, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	INDUSTRIAL SERVICES OF AMERICA INC /FL
Entity Central Index Key	4,187
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		8,107,865
Entity Small Business	true
Entity Emerging Growth Company	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 736	$ 841
Income tax receivable	13	0
Accounts receivable – trade after allowance for doubtful accounts of $60.0 thousand in 2018 and 2017	6,502	4,220
Receivables and other assets from related parties (Note 6)	48	92
Inventories (Note 2)	5,775	5,106
Prepaid expenses and other current assets	312	182
Total current assets	13,386	10,441
Net property and equipment	10,047	11,212
Other assets
Deferred income taxes	27	27
Other non-current assets	162	187
Total other assets	189	214
Total assets	23,622	21,867
Current liabilities
Current maturities of long-term debt (Note 3)	6,134	5,018
Current maturities of long-term debt, related parties (Notes 3 and 6)	48	64
Current maturities of capital lease obligations (Note 4)	344	300
Checks in excess of bank	141	148
Accounts payable	2,406	1,784
Payables and accrued expenses to related parties (Note 6)	13	173
Income tax payable	0	2
Other current liabilities	620	765
Total current liabilities	9,706	8,254
Long-term liabilities
Long-term debt, net of current maturities	54	0
Long-term debt, net of current maturities, related parties (Notes 3 and 6)	1,504	1,536
Capital lease obligations, net of current maturities (Note 4)	680	819
Total long-term liabilities	2,238	2,355
Shareholders’ equity
Common stock, $0.0033 par value: 20.0 million shares authorized in 2018 and 2017; 8,107,865 and 8,089,129 shares issued and outstanding in 2018 and 2017	27	27
Additional paid-in capital	24,092	24,028
Stock warrants outstanding	1,025	1,025
Retained losses	(13,422)	(13,778)
Treasury stock at cost, 30,690 shares in 2018 and 2017	(44)	(44)
Total shareholders’ equity	11,678	11,258
Total liabilities and shareholders’ equity	$ 23,622	$ 21,867

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 60,000	$ 60,000
Common stock, par value	$ 0.0033	$ 0.0033
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	8,107,865	8,089,129
Common stock, shares outstanding	8,107,865	8,089,129
Treasury stock, shares	30,690	30,690

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue from product sales
Total revenue from product sales	$ 16,798	$ 14,909	$ 48,056	$ 41,480
Cost of sales for product sales	16,114	13,968	44,662	38,928
Gross profit	684	941	3,394	2,552
Selling, general and administrative expenses	891	859	2,710	2,757
(Loss) income before other income (expense)	(207)	82	684	(205)
Other income (expense)
Interest expense, including loan fee amortization	(292)	(240)	(817)	(625)
Gain on sale of assets	0	0	0	28
Gain on insurance proceeds	0	0	487	0
Other income (expense), net	15	(17)	15	(14)
Total other income (expense), net	(277)	(257)	(315)	(611)
(Loss) income before income taxes	(484)	(175)	369	(816)
Income tax provision	(7)	2	13	9
Net (loss) income	$ (477)	$ (177)	$ 356	$ (825)
Basic (loss) earnings per share (in dollars per share)	$ (0.06)	$ (0.02)	$ 0.04	$ (0.10)
Diluted (loss) earnings per share (in dollars per share)	$ (0.06)	$ (0.02)	$ 0.04	$ (0.10)
Weighted average shares outstanding:
Basic (in Shares)	8,108	8,082	8,100	8,077
Diluted (in Shares)	8,108	8,082	8,166	8,077
Ferrous operations [Member]
Revenue from product sales
Total revenue from product sales	$ 7,738	$ 6,649	$ 22,786	$ 16,461
Non-ferrous operations [Member]
Revenue from product sales
Total revenue from product sales	8,806	7,936	24,413	23,891
Auto parts operations and other [Member]
Revenue from product sales
Total revenue from product sales	$ 254	$ 324	$ 857	$ 1,128

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - 9 months ended Sep. 30, 2018 - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Stock Warrants [Member]	Retained Losses [Member]	Treasury Stock [Member]
Balance at Dec. 31, 2017	$ 11,258	$ 27	$ 24,028	$ 1,025	$ (13,778)	$ (44)
Balance (in Shares) at Dec. 31, 2017		8,119,819				(30,690)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, shares		18,736
Share-based compensation	64		64
Net income	356				356
Balance at Sep. 30, 2018	$ 11,678	$ 27	$ 24,092	$ 1,025	$ (13,422)	$ (44)
Balance (in Shares) at Sep. 30, 2018		8,138,555				(30,690)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Net income (loss)	$ 356,000	$ (825,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Bad debt expense	0	25,000
Depreciation and amortization	1,571,000	1,669,000
Share-based compensation expense	64,000	90,000
Gain on sale of assets	0	(28,000)
Gain from insurance proceeds	(487,000)	0
Amortization of loan fees included in interest expense	113,000	94,000
Change in assets and liabilities
Receivables	(2,282,000)	(2,231,000)
Receivables from related parties	44,000	59,000
Inventories	(669,000)	(310,000)
Income tax receivable/payable	(15,000)	11,000
Other assets	(82,000)	(181,000)
Accounts payable	622,000	92,000
Payables and accrued expenses to related parties	(160,000)	(170,000)
Other current liabilities	(145,000)	192,000
Net cash used in operating activities	(1,070,000)	(1,513,000)
Cash flows from investing activities
Proceeds from insurance claim, net	487,000	0
Proceeds from sale of property and equipment	0	28,000
Purchases of property and equipment	(203,000)	(75,000)
Net cash from (used in) investing activities	284,000	(47,000)
Cash flows from financing activities
Loan fees capitalized	(136,300)	(125,000)
Change in checks in excess of bank	(7,000)	(79,000)
Payments on related party debt	(48,000)	(16,000)
Payments on capital lease obligations	(229,000)	(133,000)
Proceeds from revolving line of credit, net	1,101,000	2,239,000
Net cash from financing activities	681,000	1,886,000
Net change in cash and cash equivalents	(105,000)	326,000
Cash and cash equivalents at beginning of period	841,000	526,000
Cash and cash equivalents at end of period	736,000	852,000
Supplemental disclosure of cash flow information:
Cash paid for interest	690,000	498,000
Cash paid for taxes	29,000	2,000
Tax refunds received	1,000	5,000
Supplemental disclosure of noncash investing and financing activities:
Equipment additions financed by debt	69,000	0
Equipment additions financed by capital lease obligations	134,000	75,000
Equipment additions financed by related party debt	$ 0	$ 129,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies and General	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL Industrial Services of America, Inc. (herein “ISA,” the “Company,” or other similar terms) is a Louisville, Kentucky-based company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities and buys used autos in order to sell used auto parts. The Company purchases, processes and sells ferrous and non-ferrous scrap metal to steel mini-mills, integrated steel makers, foundries, refineries and processors. The Company purchases ferrous and non-ferrous scrap metal primarily from industrial and commercial generators of steel, aluminum, copper, brass, stainless steel and other metals as well as from scrap dealers and retail customers who deliver these materials directly to ISA facilities. The Company processes scrap metal through sorting, cutting, baling, and shredding operations. The shredding operations were restarted in May 2017, which had previously been idled in May 2015. The Company operates the auto shredder in the normal course of business subject to market conditions and operating needs. The non-ferrous scrap recycling operations consist primarily of collecting, sorting and processing various grades of copper, aluminum, stainless steel and brass. The used automobile yard primarily purchases automobiles so that retail customers can locate and remove used parts for purchase. The Company's core business is focused on the metal recycling industry. The Company is focused on returning the core recycling business to profitability. The Company intends to do this by increasing efficiencies and productivity, which included the commercial restart of its auto shredder in the second quarter of 2017 On March 26, 2018, the Board appointed Todd L. Phillips as Chief Executive Officer. See Note 7 – Share-Based Compensation and Other Compensation Agreements Liquidity During the first quarter of 2017 Note 3 – Long-Term Debt and Notes Payable to Bank The borrowings under the working capital line of credit are classified as short-term obligations under GAAP as the agreement with the lender contains a subjective acceleration clause and requires the Company to maintain a lockbox arrangement with the lender. However, the contractual maturity date of the revolver is February 28, 2020. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 The Accounting Standards Codification ("ASC") as produced by the Financial Accounting Standards Board ("FASB") is the sole source of authoritative GAAP. necessary to present fairly the financial position at September 30, 2018 , and the results of operations and changes in cash flows for the quarters ended September 30, 2018 2017 . Results of operations for the period ended September 30, 2018 are not necessarily indicative of the results that may be expected for the entire year. Additional information, including the audited December 31, 2017 consolidated financial statements and the Summary of Significant Accounting Policies, is included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017 , on file with the Securities and Exchange Commission. Estimates In preparing the consolidated financial statements in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 Principles of Consolidation The Condensed Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries. Upon consolidation, all inter-company accounts, transactions and profits have been eliminated. Revenue Recognition The Company's revenue is primarily generated from contracts with customers. The Company notes there have been no credit losses recorded on any receivables or contract assets arising from contracts with customers for the three and nine September 30, 2018 2017 one F errous and nonferrous revenue Ferrous and non-ferrous contracts contain one 30 Ferrous and non-ferrous transaction prices are stated in the contract with no variable considerations present. As ferrous and non-ferrous contracts contain one one revenue is recognized when the Company satisfies the shipment of materials per the contract. The shipment and delivery of material typically occurs on the same day. No contract assets or contract liabilities were recognized as of September 30, 2018 2017 Revenue from auto parts operations and other revenue Revenue from auto parts primarily consists of individual transactions by customers who enter the Company’s premises and purchase auto parts by cash or credit card. Related to these sales, a customer may be charged a core charge. The customer has 30 Additionally, customers have the option to separately purchase a warranty related to certain goods purchased. Total core charges and warranty sales are immaterial, in aggregate accounting for less than 1 Sale prices, core charges and warranties are tracked separately and recognized as revenue when the purchase is completed. No contract assets or contract liabilities were recognized as of September 30, 2018 2017 Fair Value The Company carries certain of its financial assets and liabilities at fair value on a recurring basis. These financial assets and liabilities are composed of cash and cash equivalents. Long-term debt is carried at cost, and the fair value is disclosed herein. In addition, the Company measures certain assets, such as long-lived assets, at fair value on a non-recurring basis to evaluate those assets for potential impairment. Fair value is defined as the price 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. In accordance with applicable accounting standards, the Company categorizes its financial assets and liabilities into the following fair value hierarchy: Level 1 – Financial assets and liabilities with values based on unadjusted quoted prices for identical assets or liabilities in an active market. Examples of Level 1 Level 2 – Financial assets and liabilities with values based on quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability. Examples of Level 2 2 Level 3 – Financial assets and liabilities with values based on prices or valuation techniques that require inputs that are both unobservable in the market and significant to the overall fair value measurement. These inputs reflect management’s judgment about the assumptions that a market participant would use in pricing the asset or liability, and are based on the best available information, some of which is internally developed. When determining the fair value measurements for financial assets and liabilities carried at fair value on a recurring basis, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability. When possible, ISA looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to market observable data for similar assets and liabilities. Nevertheless, certain assets and liabilities are not actively traded in observable markets, and the Company uses alternative valuation techniques to derive fair value measurements. The Company uses the fair value methodology outlined in the related accounting standards to value the assets and liabilities for cash and debt. All of our cash is defined as Level 1 2 In accordance with this guidance, the following table represents our fair value hierarchy for Level 1 and Level 2 financial instruments at September 30, 2018 and December 31, 2017 in thousands Fair Value at Reporting Date Using September 30, 2018 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Assets: Level 1 Level 2 Total Cash and cash equivalents $ 736 $ — $ 736 Liabilities: Long-term debt $ — $ (6,173 ) $ (6,173 ) Long-term debt, related parties — (1,344 ) (1,344 ) Fair Value at Reporting Date Using December 31, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Assets: Level 1 Level 2 Total Cash and cash equivalents $ 841 $ — $ 841 Liabilities: Current maturities of long-term debt $ — $ (5,018 ) $ (5,018 ) Long-term debt, related parties — (1,331 ) (1,331 ) The Company had no transfers in or out of Levels 1 2 3 nine month periods ended September 30, 2018 or 2017 Common Stock and Share-based Compensation Arrangements The Company has a Long Term Incentive Plan adopted in 2009 2.4 The Company provides compensation benefits by granting stock options and other share-based awards to employees and directors. The exercise price of each option is equal to the market price of the Company's stock on the date of grant. The maximum term of the option is five years. The plan is accounted for based on 718 " The Company recognizes share-based compensation expense for the fair value of the awards, on the date granted, on a straight-line basis over their vesting term (service period). Compensation expense is recognized only for share-based payments expected to vest. The Company estimates forfeitures at the date of grant based on the Company's historical experience and future expectations. The Company uses the grant date stock price to value the Company's restricted stock units. The fair value of each restricted stock unit is estimated on the date of grant. The Company uses the Modified Black-Scholes-Merton option-pricing model to value the Company's stock options for each employee stock option award. See Note 7 – Share-Based Compensation and Other Compensation Agreements There are two The Company estimates expected volatility based on traded option volatility of the Company's stock over a term equal to the expected term of the option granted. The expected term of stock option awards granted is derived from historical exercise experience under the Company's stock option plans and represents the period of time that stock option awards granted are expected to be outstanding. The expected term assumption incorporates the contractual term of an option grant, as well as the vesting period of an award. The risk-free interest rate is based on the implied yield on a U.S. Treasury constant maturity with a remaining term equal to the expected term of the option granted. The assumptions used in calculating the fair value of stock-based payment awards represent management's best estimates, but these estimates involve inherent uncertainties and the application of management's judgment. As a result, if factors change and different assumptions are used, stock-based compensation expense could be materially different in the future. In addition, the Company is required to estimate the expected forfeiture rate, and only recognize expense for those shares expected to vest. If the actual forfeiture rate is materially different from the estimate, the stock-based compensation expense could be significantly different from what was recorded in the current period. Treasury shares or new shares are issued for exercised options. The Company does not expect to repurchase any additional shares within the following annual period to accommodate the exercise of outstanding stock options. Under the LTIP, the Company may grant any of these types of awards: non-qualified and incentive stock options; stock appreciation rights; and other stock awards including stock units, restricted stock units, performance shares, performance units and restricted stock. The performance goals that the Company may use for such awards will be based on any one The LTIP is administered by a committee selected by the Board consisting of two one six months before the participant may dispose of such shares. Gain on Insurance Proceeds The Company filed an insurance claim related to six roofs on certain of its buildings due to weather related damage. In 2016 2018 net of expenses and consulting fees related to the claim, $487.4 thousan S ubsequent Even The Company has evaluated the period from September 30, 2018 through the date the financial statements herein were issued for subsequent events requiring recognition or disclosure in the financial statements and identified the following: On November 9, 2018, the Company entered into a loan and security agreement with Bank of America, N.A. ("BofA" and the "BofA Loan Agreement") that provides for (i) a revolving line of credit in the aggregate principal amount of $10.0 million (subject to a borrowing base), which includes a $1.0 million letter of credit subline ("Revolving Loan"), and (ii) a term loan in the amount of $2.5 million ("Term Loan"). The interest rate on the Revolving Loan is equal to LIBOR plus 2.25% to 2.75% depending on financial performance. The interest rate on the Term Loan is equal to LIBOR plus 2.75% to 3.25% depending on financial performance. The BofA Loan Agreement will terminate on the earlier of: (i) September 30, 2020, with an option to extend such date to September 30, 2023 upon certain conditions, (ii) the date on which the Borrowers terminate the Revolving Loan pursuant to the BofA Loan Agreement, or (iii) the date on which BofA terminates the Revolving Loan as a result of an event of default. The BofA Loan Agreement also requires a certain fixed charge coverage ratio. Proceeds from the BofA Loan Agreement were used to satisfy the Company's existing credit facility. See Note 3 – Long-Term Debt and Notes Payable to Bank Impact of Recently Issued Accounting Standards In May 2014, the FASB issued ASU 2014 09 Revenue from Contracts with Customers (Topic 606 . The amendments in ASU 2014 09 e.g. The amendments are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. On January 1, 2018, the Company adopted ASU 2014 09 Note 1 – Summary of Significant Accounting Policies and General for additional information In November 2015, the FASB issued ASU 2015 17 Balance Sheet Classification of Deferred Taxes , which requires that deferred tax assets and liabilities be classified as noncurrent on the consolidated balance sheet. ASU 2015 17 2015 2017 In February 2016, the FASB issued ASU No. 2016 02 Leases , to improve financial reporting about leasing transactions. This ASU will require organizations that lease assets (“lessees”) to recognize a lease liability and a right-of-use asset on its balance sheet for all leases with terms of more than twelve 606 Revenue from Contracts with Customers The amendments in ASU 2016 02 2016 02 expects to record a right-of-use asset and a lease liability of approximately $ 7.0 not expect the changes to have a material impact on the Condensed Consolidated Statement of Operations and the Condensed Consolidated Statement of Cash Flows. Upon adoption, the Company expects that its financial statement disclosures will be expanded to present additional details of its leasing arrangements. In June 2016, the FASB issued ASU 2016 13 Financial Instruments - Credit Losses 2016 13 2016 13 In August 2016, the FASB issued ASU 2016 15 Statement of Cash Flows, Classification of Certain Cash Receipts and Cash Payments , which provides guidance on eight 2016 15 2016 15 2018 material impact from the adoption of ASU 2016 15 . No other new accounting pronouncements issued or effective during the reporting period had, or is expected to have, a material impact on our Condensed Consolidated Financial Statements.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2018
Inventory Disclosure [Abstract]
Inventories	NOTE 2 – INVENTORIES The Company's inventories primarily consist of ferrous and non-ferrous scrap metals, and are valued at the lower of average purchased cost or net realizable value ("NRV") based on the specific scrap commodity. Quantities of inventories are determined based on the Company's inventory systems and are subject to periodic physical verification using estimation techniques including observation, weighing and other industry methods. The Company recognizes inventory impairment and related adjustments when the NRV, based upon current market pricing, falls below recorded value or when the estimated volume is less than the recorded volume of the inventory. The Company records the loss in cost of sales in the period during which the loss is identified. Certain assumptions are made regarding future demand and net realizable value in order to assess whether inventory is properly recorded at the lower of cost or NRV. Assumptions are based on historical experience, current market conditions and remaining costs of processing (if any) and disposal. If the anticipated future selling prices of scrap metal and finished steel products should decline, the Company would re-assess the recorded NRV of the inventory and make any adjustments believed necessary in order to reduce the value of the inventory (and increase cost of sales) to the lower of cost or NRV. The Company did not have a lower of cost or NRV inventory write-down in the nine September 30, 2018 2017 Some commodities are in saleable condition at acquisition. The Company purchases these commodities in small amounts until it has a truckload of material available for shipment. Some commodities are not in saleable condition at acquisition. These commodities must be sorted, shredded, cut or baled. ISA does not have work-in-process inventory that needs to be manufactured to become finished goods. The Company includes processing costs in inventory for all commodities by weight. I n ventorie September 30, 2018 and December 31, 2017 consist of the following: September 30, 2018 (unaudited) December 31, 2017 (in thousands) R aw materials $ 4,191 $ 3,046 Finished goods 843 1,366 Processing costs 741 694 Total inventories for sale $ 5,775 $ 5,106

LONG TERM DEBT AND NOTES PAYABL

LONG TERM DEBT AND NOTES PAYABLE TO BANK	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Long term debt and notes payable to bank	NOTE 3 – LONG-TERM DEBT AND NOTES PAYABLE TO BANK Summary: O n February 29, 2016, the Company closed on new financings with MidCap and paid off all remaining amounts due to the Company's previous lender Wells Fargo. Additionally, on February 29, 2016, the Company converted certain amounts payable to related parties into unsecured term notes payable to the same related parties as more fully described in Note 6 – Related Party Transactions On March 31, 2017 Note 6 – Related Party Transactions MidCap: On February 29, 2016, the Company entered into the 2016 $6.0 million senior, secured asset-based line of credit with MidCap. The Company could borrow up to the sum of (a) 85% of the value of its eligible domestic accounts receivable; (b) the lesser of (i) $2.5 million and (ii) 75% of the net orderly liquidation value of eligible inventory; and (c) the lesser of (i) $500,000 and (ii) 40% of appraised net forced liquidation value of eligible fixed assets (the "Equipment Sublimit"). The Equipment Sublimit amortizes monthly on a straight line basis over six ty (60) months with no reduction to the overall line of credit availability. As described below, the 2016 Proceeds from this loan were used to pay transaction expenses, pay off and close the remaining balance on the Wells Fargo revolving line of credit and fund working capital requirements. The interest rate on the 2016 250 In the Event of a Default (as defined in the 2016 300 The 2016 27.5 100 50 2016 The 2016 The Company was subject to a prepayment fee of $120.0 thousand if the 2016 one year anniversary of the loan. The Company is subject to a prepayment fee of $60.0 thousand if the 2016 After 18 months subsequent to the loan origination date, no termination fee shall be owed by the Company in the event the Company pays the obligation with initial proceeds of loans made under a loan facility provided to the Company by a financial institution insured under the Federal Deposit Insurance Corporation. Interest and monthly fees under the 2016 The 2016 $350.0 thousand. This covenant may be replaced by a Fixed Charge Coverage Ratio ("FCCR") covenant once the Company has achieved a FCCR of 1.0 The Company granted MidCap a first priority security interest in all of the assets of ISA pursuant to the terms of a Security Agreement. The Company is allowed to sell or refinance up to $3.0 million in fair market value of real property provided (i) the proceeds from such refinance or sale remain with the Company; and (ii) no event of default exists at the time of such refinance or sale. On March 31, 2017 2016 2016 2016 On April 26, 2017, certain borrowing base restrictions were satisfied with MidCap which resulted in an increase in availability of $1.75 million. On June 4, 2018, the Company and each of its wholly-owned subsidiaries entered into an amendment to the 2016 2016 In June 2018, the Company achieved an FCCR greater than 1.1x on an annual basis. Beginning July 1, 2018 the minimum line covenant equal to $350.0 thousand was replaced by an FCCR covenant with a result of an increase in availability of $350.0 thousand. The amended 2016 $3.0 million September 30, 2018 . Other Debt: Amounts owed to K&R, LLC and 7100 described in Note 6 – Related Party Transactions . In June 2018, the Company executed a note for $68.9 thousand to purchase equipment to be used in the operation of the Company's business. The note is for a period of five years Debt as of September 30, 2018 and December 31, 2017 consisted of the following: September 30 December 31 2018 2017 (unaudited) (in thousands) Revolving credit facility with MidCap, see above description for additional details $ 6,121 $ 5,018 K&R, LLC related party notes (See Note 6 668 716 7100 6 884 884 Equipment note, see above description for additional details — 7,740 6,618 Less amounts classified as current maturities 6,182 5,082 $ 1,558 $ 1,536 The annual contractual maturities of long-term debt (in thousands) for the next five twelve September 30 2019 $ 61 2020 6,134 2021 1,518 2022 15 2023 12 Total $ 7,740 The Company paid and capitalized loan fees in the amount of $136.3 thousand nine September 30, 2018 nine September 30, 2018

LEASE COMMITMENTS

LEASE COMMITMENTS	9 Months Ended
	Sep. 30, 2018
Leases [Abstract]
Lease Commitments	NOTE 4 – LEASE COMMITMENTS Operating Leases : The Company leased a portion of its Louisville, Kentucky facility from a related party (see Note 6 7100 T he lease amount was $53.8 thousand per month. Effective October 1, 2017, the Company entered into a new lease agreement with a related party for the same property (the " 7100 7100 The lease is for a period of seven years five five years The Company signed a lease, effective December 1, 2014, to lease a facility in the Seymour, Indiana area. This lease was for an initial period of three years, with the option to extend the lease for three 3 three 3 $8.0 thousand per month and increases each year by $0.2 thousand per month. The Company exercised the first option to extend the lease. Because ISA exercised the option to renew the lease for a second three year second three year The Company leased a lot in Louisville, Kentucky for a term that commenced in March 2012 and ended in February 2016. The monthly payment amount from March 2012 through February 2014 was $3.5 thousand. Beginning March 2014, the monthly payment amount increased to $3.8 thousand for the remaining term. As of August 31, 2015, the Company entered into a settlement to abandon the leased property and paid the remaining balance of scheduled payments over a 19 month period, ending March 31, 2017. On April 30, 2015, the Company entered into a lease agreement with LK Property Investments LLC ("LK Property") (see Note 6 4.4 acre parcel of real estate located at 6709 $3.0 thousand per month. The lease terminates on April 14 2019 90 The Company is required to reimburse the lessor for 40% of the property taxes on the parcel during the term. On March 3, 2018, the Company entered into a lease agreement to lease a piece of equipment for $0.6 thousand per month. The lease is for a period of five years. On June 15, 2018, the Company entered into a lease agreement to lease a piece of equipment for $ 0.6 four years . Future minimum lease payments for operating leases for the next five twelve September 30 of each year and thereafter, in thousands, as o f September 30, 2018 , reflective of the new lease agreement, a Related Party Other Total 2019 $ 470 $ 110 $ 580 2020 450 110 560 2021 450 38 488 2022 450 11 461 2023 450 3 453 2024 450 — 450 Future minimum lease payments $ 2,720 $ 272 $ 2,992 Total lease expense for the nine months ended September 30, 2018 and 2017 $472.9 thousand and $614.3 thousand, respectively. Capital Leases On May 1, 2016, the Company entered into an amended agreement to lease three twelve of $ million. The Company used a weighted average cost of capital of 9.3% to calculate the capital lease obligation. The six years At inception, the Company recorded a capital lease obligation of $75.2 thousand. The Company used a weighted average cost of capital of 10.0% to calculate the capital lease obligation. The Company entered into a capital lease, effective May 2018, to lease a piece of equipment for use in the Company's operations. The lease is for a period of four years $0.6 thousand At inception, the Company recorded a capital lease obligation of $24.7 thousand. The Company entered into a capital lease, effective June 2018, to lease a piece of equipment for use in the Company's operations. The lease is for a period of four years and the payments are $0.7 thousand At inception, the Company recorded a capital lease obligation of $29.0 thousand. The Company entered into a capital lease, effective July 2018, to lease two pieces of equipment for use in the Company's operations. The lease is for a period of 6 years and 4 months Depreciation and interest expense for capital leases, in thousands, are as follows: For the three September 30 For the nine September 30 2018 2017 2018 2017 Depreciation expense $ 74 $ 67 $ 210 $ 197 Interest expense 26 29 76 87 Accumulated depreciation and net book value for capital leases, in thousands, are as follows: September 30 2018 2017 Accumulated depreciation $ 645 $ 368 Net book value 848 992 Future minimum lease payments for capital leases for the next five twelve September 30 September 30, 2018 Total Principal Interest 2019 $ 424 $ 344 $ 80 2020 424 377 47 2021 236 222 14 2022 43 37 6 2023 28 25 3 2024 and thereafter 19 1 $ 1,175 $ 1,024 $ 151

PER SHARE DATA

PER SHARE DATA	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Per Share Data	NOTE 5 – PER SHARE DATA The computation for basic and diluted income (loss) per share is as follows: Nine September 30, 2018 nine September 30, 2017 2018 2017 (in thousands, except per share information) Basic income (loss) per share Net income (loss) $ 356 $ (825 ) Weighted average shares outstanding 8,100 8,077 Basic income (loss) per share $ 0.04 $ (0.10 ) Diluted income (loss) per share Net income (loss) $ 356 $ (825 ) Weighted average shares outstanding 8,100 8,077 Add dilutive effect of assumed exercising of stock options, RSUs and warrants 66 — Diluted weighted average shares outstanding 8,166 8,077 Diluted income (loss) per share $ 0.04 $ (0.10 ) Three September 30, 2018 three September 30, 2017 2018 2017 (in thousands, except per share information) Basic loss per share Net loss $ (477 ) $ (177 ) Weighted average shares outstanding 8,108 8,082 Basic loss per share $ (0.06 ) $ (0.02 ) Diluted loss per share Net loss $ (477 ) $ (177 ) Weighted average shares outstanding 8,108 8,082 Add dilutive effect of assumed exercising of stock options, RSUs and warrants — — Diluted weighted average shares outstanding 8,108 8,082 Diluted loss per share $ (0.06 ) $ (0.02 )

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 6 – RELATED PARTY TRANSACTIONS During the periods ended September 30, 2018 2017 K&R, LLC ("K&R") and 7100 7100 The Company is involved in various transactions with K&R and 7100 2014 September 30, 2018 The Company leased a portion of the Louisville, Kentucky facility from 7100 the " 7100 Prior Lease," Effective October 1, 2017, the Company entered into a new lease agreement with 7100 7100 7100 Note 4 – Lease Commitments During 2015 2017 2016 On September 13, 2013, K&R made a $500.0 thousand refundable, non-interest bearing deposit with the Company related to K&R's potential purchase of the Company's formerly owned real property located at 1565 4 2016 As of September 30, 2018 2017 7100 due due due On February 29, 2016, K&R assigned its interest in the 7100 7100 due 7100 due 7110 due On June 23, 2017 two Under the Handler Agreement, the Company purchased a hydraulic scrap handler from K&R for a purchase price of $90.0, thousand, with a $9.0 thousand down payment and a 24-month promissory note ("Handler Note") in the face principal amount of the remaining $81.0 thousand. The Handler Note is interest free and provides for payments in equal monthly installments of $3.4 thousand. Under the Handler Note, payments commenced on July 1, 2017. Upon a default, the Handler Note will bear interest at 1% per annum. Under the Crane Agreement, the Company purchased a 2011 The Crane Note and the Handler Note are each secured by a security interest in the subject equipment and proceeds the Company derives from the equipment. The Company entered into an agreement and promissory note (the "Back Rent Agreement"), effective October 1, 2017, to pay 7100 7100 Board of Directors' fees: The Company pays board and committee fees to non-employee directors. Effective October 1, 2017, the Company revised its Board compensation policy to provide an annual retainer of $50.0 thousand per Board member, an additional $10.0 thousand annual retainer to the chairman of the audit committee, and an additional $5.0 thousand annual retainer to the chairman, if any, of other standing committees. Additional fees may be paid to directors for service on non-standing committees. Director fees are to be paid in quarterly installments, in advance upon the first day of each quarter. No equal to $25.0 thousand that vest over one year LK Property Investments LLC ("LK Property"): On April 30, 2015, the Company entered into a lease agreement with LK Property, for a portion of the 6709 90 MetalX: During 2017 Note 9 – Financing and Related Matters Related party balances are as follows, in thousands: 2018 2017 K&R and 7100 Deposit amounts owed to the Company by related parties ( 1 $ 42 $ 42 Prepaid expenses to related parties ( 1 — 43 Notes payable to related parties ( 3 1,552 1,600 Accrued interest ( 2 — Facility rent payable to related parties ( 2 — 123 Facility rent expense to related parties ( 4 338 484 Interest expense to related parties ( 4 56 56 Board of Directors: * Accounts payable to the Board of Directors for fees ( 2 $ 6 $ 50 Board of director fee expense ( 4 171 160 Board of director share-based compensation expense ( 4 25 — LK Property: Lease deposit to LK Property ( 1 $ 3 $ 3 Prepaid expenses to related parties ( 1 3 3 Accounts payable to LK Property ( 2 1 — Rent expense to LK Property** ( 4 27 27 MetalX: Accounts receivable from MetalX ( 1 $ — $ 1 Revenue from product sales to MetalX ( 4 — 188 * Excludes insignificant amount of travel reimbursement. **Excludes amounts reimbursed to LK Property for utilities and property tax. ( 1 September 30, 2018 December 31, 2017 ( 2 September 30, 2018 December 31, 2017 ( 3 September 30, 2018 December 31, 2017 ( 4 nine September 30, 2018 September 30, 2017

SHARE-BASED COMPENSATION AND OT

SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS	9 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation and Other Compensation Agreements	NOTE 7 – SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS Following is a summary of stock option activity and number of shares reserved for outstanding options Options N umber of shares (in thousands) Weighted Average Exercise Price per Share Weighted Average Remaining Contractual Term Weighted Average Grant Date Fair Value Outstanding at December 31, 2016 502 $ 4.78 2.07 years $ 2.43 Cancelled (30 ) 5.40 — 2.85 Expired (90 ) 4.94 — 1.71 Outstanding at December 31, 2017 382 $ 4.70 1.41 years $ 2.57 Issued 31 2.46 4.50 years 1.61 Outstanding at September 30, 2018 413 $ 4.53 0.95 years $ 2.49 Exercisable at September 30, 2018 382 $ 4.70 0.66 years $ 2.57 Securities available for grant at September 30, 2018 1,645 *Securities available for grant include securities available for stock option grants and RSUs. Option Grants: On March 28, 2018, the Company awarded options to purchase 31.0 thousand shares of the Company's common stock to its Chief Executive Officer. These options are scheduled to vest over a three year 1 3 1 3 twelve three The weighted 2018 2018 Weighted average grant-date fair value of grants per option $ 1.61 Volatility 80.40 % Risk-free interest rate 2.59 % Expected life (in years) 5.00 Expected dividend yield — % Restricted Stock Unit Grants: On March 29, 2016, the Compensation Committee granted 11.4 thousand RSUs to an employee under the LTIP pursuant to an RSU agreement. The grant date fair value is based on the Company's closing common stock price on the day immediately prior to the date of grant. The grant date fair value was $32.0 thousand and the expense was recognized beginning in the second quarter of 2016 Each RSU vested on March 29, 2018 and represented the right to receive one share of the Company's common stock upon the vesting of the RSU, subject to the terms and conditions set forth in the RSU Agreement and the Plan. On June 15, 2016, at the Company's annual meeting, the Company's shareholders approved a one 170.0 thousand stock options, including 20.0 thousand 90.0 thousand RSUs to the CFO. T he RSUs vested over a period ending June 15, 2018. Each RSU represents the right to receive one share of the Company's common stock upon the vesting of the RSU, subject to the terms and conditions set forth in the RSU Agreement and the Plan. The CFO continued his employment with the Company through the end of the agreement and the related 90.0 thousand On March 28, 2018, the Company granted an aggregate of 18.0 thousand RSUs to six employees under the LTIP pursuant to RSU agreements. The grant date fair value is based on the Company's closing common stock price on the date one day prior to grant. The grant date fair value was $44.3 thousand and was recognized as expensed beginning in the second quarter of 2018 On March 28, 2018, the Company granted 40.6 thousand to the CEO under the LTIP pursuant to an RSU agreement. The grant date fair value is based on the Company's closing common stock price on the date one day prior to grant. The grant date fair value was $100.0 thousand and was recognized as expensed beginning in the second quarter of 2018 On July 9, 2018, the Compensation Committee of the Board of Directors of the Company granted each of the four 13,228 2009 one day 100.0 2018 one F ollowing is a summary of RSU activit Restricted Stock Units Number of shares (in thousands) Weighted Average Remaining Contractual Term Weighted Average Grant Date Fair Value Outstanding at December 31, 2017 22.6 0.35 years $ 2.37 Granted 111.6 1.68 years 2.19 Vested (22.6 ) — 2.37 Outstanding at September 30, 2018 111.6 1.68 years $ 2.19 Non-Equity Transactions: Under a retention agreement with the Company's CFO dated March 25, 2016, the Company agreed to pay the CFO bonuses of $ thousand and $ thousand on each of December 31, 2016 and December 31, 2017 , respectively, as long as he remained employed with the Company on those dates. The December 31, 2016 bonus of $ thousand was paid during the three month period ended March 31, 2017. The December 31, 2017 bonus of $ 125.0 thousand was paid during the three month period ended March 31, 2018 . On September 30, 2016, the Company entered into retention agreements ("Retention Agreements") with certain management employees (individually "Staff Member"). Under the Retention Agreements, if the Staff Member remained continuously employed by the Company through and including the date which is the first to occur of: (a) the date of a change in control of the Company; (b) the date the Staff Member is terminated without cause; and (c) December 31, 2017 three On March 26, 2018, the Board appointed Todd L. Phillips as CEO of the Company. March 26, 2018 12 12 Pursuant to the Employment Agreement, Mr. Phillips is also entitled to receive annual equity compensation awards, consisting of RSUs and Options. Each award will consist of (A) that number of RSUs equal in Value (as defined in the Employment Agreement) on the date of the grant to 33.33% of Mr. Phillips’ base salary, and (B) that number of Options equal in Value (as defined in the Employment Agreement) on the date of the grant to 16.67% of Mr. Phillips’ base salary. The RSUs will be subject to three year cliff vesting, with the entire award vesting 36 1/3

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	NOTE 8 – LEGAL PROCEEDINGS The Company has litigation from time to time, including employment-related claims, none of which the Company currently believes to be material. Our operations are subject to various environmental statutes and regulations, including laws and regulations addressing materials used in the processing of our products. In addition, certain of our operations are subject to federal, state and local environmental laws and regulations that impose limitations on the discharge of pollutants into the air and water and establish standards for the treatment, storage and disposal of solid and hazardous wastes. Failure to maintain or achieve compliance with these laws and regulations or with the permits required for our operations could result in substantial operating costs and capital expenditures, in addition to fines and civil or criminal sanctions, third party claims for property damage or personal injury, cleanup costs or temporary or permanent discontinuance of operations. Certain of the Company's facilities have been in operation for many years and, over time, the Company and other predecessor operators of these facilities have generated, used, handled and disposed of hazardous and other regulated wastes. Environmental liabilities in material amounts could exist, including cleanup obligations at these facilities or at off-site locations where the Company disposed of materials from its operations, which could result in future expenditures that the Company cannot currently estimate and which could reduce its profits. The Company records liabilities for remediation and restoration costs related to past activities when its obligation is probable and the costs can be reasonably estimated. Costs of future expenditures for environmental remediation are not discounted to their present value. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed probable. Costs of ongoing compliance activities related to current operations are expensed as incurred. Such compliance has not historically constituted a material expense to the Company.

FINANCING AND RELATED MATTERS

FINANCING AND RELATED MATTERS	9 Months Ended
	Sep. 30, 2018
Financing and Related Matters [Abstract]
Financing and Related Matters	NOTE 9 – FINANCING AND RELATED MATTERS Securities Purchase Agreement On June 13, 2014, the Company issued 857,143 shares of the Company's common stock pursuant to a Securities Purchase Agreement (the "Securities Purchase Agreement") to RCP, an investment entity principally owned by Daniel M. Rifkin, the founder and CEO of MetalX, for an aggregate purchase price of $3.0 million. Pursuant to the Securities Purchase Agreement, the Company also issued to RCP a five year 857,143 additional shares of the Company's common stock, exercisable 6 months after the date of the Securities Purchase Agreement for an exercise price of $5.00 per share and expiring June 13, 2019. The net proceeds were allocated between common stock and warrants based on the relative fair value of the common stock and the warrants. The Securities Purchase Agreement provides RCP with preemptive rights and a right of first refusal with respect to future securities offerings by the Company. The Company used the proceeds from the Securities Purchase Agreement for general corporate purposes including debt reduction, growth initiatives, capital expenditures, and review of potential acquisitions. On June 13, 2014, in connection with the Securities Purchase Agreement, the Company and the Investor entered into a Registration Rights Agreement (the "Registration Rights Agreement"), under which the Company (a) prepared and filed a registration statement no later than December 12, 2014 and (b) caused the registration statement to be declared effective by the Securities and Exchange Commission no later than February 1, 2015 for (i) agreed to resales of the common stock issued to the Investor under the Securities Purchase Agreement, and (ii) agreed to resales of any shares of common stock issuable upon exercise of the warrant. Director Designation Agreement On June 13, 2014, in connection with the Securities Purchase Agreement, the Company and RCP entered into a Director Designation Agreement (the "Director Designation Agreement") pursuant to which RCP will have the right to designate, and require the Company's Board to appoint, up to two directors (each, a " Designated Director "). As of the date of this report, RCP had the right to designate one director. A Designated Director will hold office until (i) his or her term expires and such Designated Director's successor designated by RCP has been appointed or (ii) such Designated Director's earlier death, disability, disqualification, resignation or removal, and RCP shall have the right to appoint any successor to such Designated Director. RCP's designation rights terminate at such time that RCP and its affiliates collectively hold less than 5% of the Company's outstanding common stock. Pursuant to the Director Designation Agreement, the Company and RCP agreed that the designation and appointment of the Designated Director nominees will not violate applicable law and will not cause the Company to become delisted from any securities exchange or other trading market.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Liquidity	Liquidity During the first quarter of 2017 Note 3 – Long-Term Debt and Notes Payable to Bank The borrowings under the working capital line of credit are classified as short-term obligations under GAAP as the agreement with the lender contains a subjective acceleration clause and requires the Company to maintain a lockbox arrangement with the lender. However, the contractual maturity date of the revolver is February 28, 2020.
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 The Accounting Standards Codification ("ASC") as produced by the Financial Accounting Standards Board ("FASB") is the sole source of authoritative GAAP. necessary to present fairly the financial position at September 30, 2018 , and the results of operations and changes in cash flows for the quarters ended September 30, 2018 2017 . Results of operations for the period ended September 30, 2018 are not necessarily indicative of the results that may be expected for the entire year. Additional information, including the audited December 31, 2017 consolidated financial statements and the Summary of Significant Accounting Policies, is included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017 , on file with the Securities and Exchange Commission.
Estimates	Estimates In preparing the consolidated financial statements in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10
Principles of Consolidation	Principles of Consolidation The Condensed Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries. Upon consolidation, all inter-company accounts, transactions and profits have been eliminated.
Revenue Recognition	Revenue Recognition The Company's revenue is primarily generated from contracts with customers. The Company notes there have been no credit losses recorded on any receivables or contract assets arising from contracts with customers for the three and nine September 30, 2018 2017 one F errous and nonferrous revenue Ferrous and non-ferrous contracts contain one 30 Ferrous and non-ferrous transaction prices are stated in the contract with no variable considerations present. As ferrous and non-ferrous contracts contain one one revenue is recognized when the Company satisfies the shipment of materials per the contract. The shipment and delivery of material typically occurs on the same day. No contract assets or contract liabilities were recognized as of September 30, 2018 2017 Revenue from auto parts operations and other revenue Revenue from auto parts primarily consists of individual transactions by customers who enter the Company’s premises and purchase auto parts by cash or credit card. Related to these sales, a customer may be charged a core charge. The customer has 30 Additionally, customers have the option to separately purchase a warranty related to certain goods purchased. Total core charges and warranty sales are immaterial, in aggregate accounting for less than 1 Sale prices, core charges and warranties are tracked separately and recognized as revenue when the purchase is completed. No contract assets or contract liabilities were recognized as of September 30, 2018 2017
Fair Value	Fair Value The Company carries certain of its financial assets and liabilities at fair value on a recurring basis. These financial assets and liabilities are composed of cash and cash equivalents. Long-term debt is carried at cost, and the fair value is disclosed herein. In addition, the Company measures certain assets, such as long-lived assets, at fair value on a non-recurring basis to evaluate those assets for potential impairment. Fair value is defined as the price 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. In accordance with applicable accounting standards, the Company categorizes its financial assets and liabilities into the following fair value hierarchy: Level 1 – Financial assets and liabilities with values based on unadjusted quoted prices for identical assets or liabilities in an active market. Examples of Level 1 Level 2 – Financial assets and liabilities with values based on quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability. Examples of Level 2 2 Level 3 – Financial assets and liabilities with values based on prices or valuation techniques that require inputs that are both unobservable in the market and significant to the overall fair value measurement. These inputs reflect management’s judgment about the assumptions that a market participant would use in pricing the asset or liability, and are based on the best available information, some of which is internally developed. When determining the fair value measurements for financial assets and liabilities carried at fair value on a recurring basis, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability. When possible, ISA looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to market observable data for similar assets and liabilities. Nevertheless, certain assets and liabilities are not actively traded in observable markets, and the Company uses alternative valuation techniques to derive fair value measurements. The Company uses the fair value methodology outlined in the related accounting standards to value the assets and liabilities for cash and debt. All of our cash is defined as Level 1 2 In accordance with this guidance, the following table represents our fair value hierarchy for Level 1 and Level 2 financial instruments at September 30, 2018 and December 31, 2017 in thousands Fair Value at Reporting Date Using September 30, 2018 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Assets: Level 1 Level 2 Total Cash and cash equivalents $ 736 $ — $ 736 Liabilities: Long-term debt $ — $ (6,173 ) $ (6,173 ) Long-term debt, related parties — (1,344 ) (1,344 ) Fair Value at Reporting Date Using December 31, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Assets: Level 1 Level 2 Total Cash and cash equivalents $ 841 $ — $ 841 Liabilities: Current maturities of long-term debt $ — $ (5,018 ) $ (5,018 ) Long-term debt, related parties — (1,331 ) (1,331 )
Common Stock and Share-based Compensation Arrangements	Common Stock and Share-based Compensation Arrangements The Company has a Long Term Incentive Plan adopted in 2009 2.4 The Company provides compensation benefits by granting stock options and other share-based awards to employees and directors. The exercise price of each option is equal to the market price of the Company's stock on the date of grant. The maximum term of the option is five years. The plan is accounted for based on 718 " The Company recognizes share-based compensation expense for the fair value of the awards, on the date granted, on a straight-line basis over their vesting term (service period). Compensation expense is recognized only for share-based payments expected to vest. The Company estimates forfeitures at the date of grant based on the Company's historical experience and future expectations. The Company uses the grant date stock price to value the Company's restricted stock units. The fair value of each restricted stock unit is estimated on the date of grant. The Company uses the Modified Black-Scholes-Merton option-pricing model to value the Company's stock options for each employee stock option award. See Note 7 – Share-Based Compensation and Other Compensation Agreements There are two The Company estimates expected volatility based on traded option volatility of the Company's stock over a term equal to the expected term of the option granted. The expected term of stock option awards granted is derived from historical exercise experience under the Company's stock option plans and represents the period of time that stock option awards granted are expected to be outstanding. The expected term assumption incorporates the contractual term of an option grant, as well as the vesting period of an award. The risk-free interest rate is based on the implied yield on a U.S. Treasury constant maturity with a remaining term equal to the expected term of the option granted. The assumptions used in calculating the fair value of stock-based payment awards represent management's best estimates, but these estimates involve inherent uncertainties and the application of management's judgment. As a result, if factors change and different assumptions are used, stock-based compensation expense could be materially different in the future. In addition, the Company is required to estimate the expected forfeiture rate, and only recognize expense for those shares expected to vest. If the actual forfeiture rate is materially different from the estimate, the stock-based compensation expense could be significantly different from what was recorded in the current period. Treasury shares or new shares are issued for exercised options. The Company does not expect to repurchase any additional shares within the following annual period to accommodate the exercise of outstanding stock options. Under the LTIP, the Company may grant any of these types of awards: non-qualified and incentive stock options; stock appreciation rights; and other stock awards including stock units, restricted stock units, performance shares, performance units and restricted stock. The performance goals that the Company may use for such awards will be based on any one The LTIP is administered by a committee selected by the Board consisting of two one six months before the participant may dispose of such shares. Gain on Insurance Proceeds The Company filed an insurance claim related to six roofs on certain of its buildings due to weather related damage. In 2016 2018 net of expenses and consulting fees related to the claim, $487.4 thousan
Subsequent Events	S ubsequent Even The Company has evaluated the period from September 30, 2018 through the date the financial statements herein were issued for subsequent events requiring recognition or disclosure in the financial statements and identified the following: On November 9, 2018, the Company entered into a loan and security agreement with Bank of America, N.A. ("BofA" and the "BofA Loan Agreement") that provides for (i) a revolving line of credit in the aggregate principal amount of $10.0 million (subject to a borrowing base), which includes a $1.0 million letter of credit subline ("Revolving Loan"), and (ii) a term loan in the amount of $2.5 million ("Term Loan"). The interest rate on the Revolving Loan is equal to LIBOR plus 2.25% to 2.75% depending on financial performance. The interest rate on the Term Loan is equal to LIBOR plus 2.75% to 3.25% depending on financial performance. The BofA Loan Agreement will terminate on the earlier of: (i) September 30, 2020, with an option to extend such date to September 30, 2023 upon certain conditions, (ii) the date on which the Borrowers terminate the Revolving Loan pursuant to the BofA Loan Agreement, or (iii) the date on which BofA terminates the Revolving Loan as a result of an event of default. The BofA Loan Agreement also requires a certain fixed charge coverage ratio. Proceeds from the BofA Loan Agreement were used to satisfy the Company's existing credit facility. See Note 3 – Long-Term Debt and Notes Payable to Bank
Impact of Recently Issued Accounting Standards	Impact of Recently Issued Accounting Standards In May 2014, the FASB issued ASU 2014 09 Revenue from Contracts with Customers (Topic 606 . The amendments in ASU 2014 09 e.g. The amendments are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. On January 1, 2018, the Company adopted ASU 2014 09 Note 1 – Summary of Significant Accounting Policies and General for additional information In November 2015, the FASB issued ASU 2015 17 Balance Sheet Classification of Deferred Taxes , which requires that deferred tax assets and liabilities be classified as noncurrent on the consolidated balance sheet. ASU 2015 17 2015 2017 In February 2016, the FASB issued ASU No. 2016 02 Leases , to improve financial reporting about leasing transactions. This ASU will require organizations that lease assets (“lessees”) to recognize a lease liability and a right-of-use asset on its balance sheet for all leases with terms of more than twelve 606 Revenue from Contracts with Customers The amendments in ASU 2016 02 2016 02 expects to record a right-of-use asset and a lease liability of approximately $ 7.0 not expect the changes to have a material impact on the Condensed Consolidated Statement of Operations and the Condensed Consolidated Statement of Cash Flows. Upon adoption, the Company expects that its financial statement disclosures will be expanded to present additional details of its leasing arrangements. In June 2016, the FASB issued ASU 2016 13 Financial Instruments - Credit Losses 2016 13 2016 13 In August 2016, the FASB issued ASU 2016 15 Statement of Cash Flows, Classification of Certain Cash Receipts and Cash Payments , which provides guidance on eight 2016 15 2016 15 2018 material impact from the adoption of ASU 2016 15 . No other new accounting pronouncements issued or effective during the reporting period had, or is expected to have, a material impact on our Condensed Consolidated Financial Statements.

INVENTORIES (Policies)

INVENTORIES (Policies)	9 Months Ended
	Sep. 30, 2018
Inventory Disclosure [Abstract]
Inventory, Policy	The Company's inventories primarily consist of ferrous and non-ferrous scrap metals, and are valued at the lower of average purchased cost or net realizable value ("NRV") based on the specific scrap commodity. Quantities of inventories are determined based on the Company's inventory systems and are subject to periodic physical verification using estimation techniques including observation, weighing and other industry methods. The Company recognizes inventory impairment and related adjustments when the NRV, based upon current market pricing, falls below recorded value or when the estimated volume is less than the recorded volume of the inventory. The Company records the loss in cost of sales in the period during which the loss is identified.

SHARE-BASED COMPENSATION AND _2

SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS (Policies)	9 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Common Stock and Share-based Compensation Arrangements	Common Stock and Share-based Compensation Arrangements The Company has a Long Term Incentive Plan adopted in 2009 2.4 The Company provides compensation benefits by granting stock options and other share-based awards to employees and directors. The exercise price of each option is equal to the market price of the Company's stock on the date of grant. The maximum term of the option is five years. The plan is accounted for based on 718 " The Company recognizes share-based compensation expense for the fair value of the awards, on the date granted, on a straight-line basis over their vesting term (service period). Compensation expense is recognized only for share-based payments expected to vest. The Company estimates forfeitures at the date of grant based on the Company's historical experience and future expectations. The Company uses the grant date stock price to value the Company's restricted stock units. The fair value of each restricted stock unit is estimated on the date of grant. The Company uses the Modified Black-Scholes-Merton option-pricing model to value the Company's stock options for each employee stock option award. See Note 7 – Share-Based Compensation and Other Compensation Agreements There are two The Company estimates expected volatility based on traded option volatility of the Company's stock over a term equal to the expected term of the option granted. The expected term of stock option awards granted is derived from historical exercise experience under the Company's stock option plans and represents the period of time that stock option awards granted are expected to be outstanding. The expected term assumption incorporates the contractual term of an option grant, as well as the vesting period of an award. The risk-free interest rate is based on the implied yield on a U.S. Treasury constant maturity with a remaining term equal to the expected term of the option granted. The assumptions used in calculating the fair value of stock-based payment awards represent management's best estimates, but these estimates involve inherent uncertainties and the application of management's judgment. As a result, if factors change and different assumptions are used, stock-based compensation expense could be materially different in the future. In addition, the Company is required to estimate the expected forfeiture rate, and only recognize expense for those shares expected to vest. If the actual forfeiture rate is materially different from the estimate, the stock-based compensation expense could be significantly different from what was recorded in the current period. Treasury shares or new shares are issued for exercised options. The Company does not expect to repurchase any additional shares within the following annual period to accommodate the exercise of outstanding stock options. Under the LTIP, the Company may grant any of these types of awards: non-qualified and incentive stock options; stock appreciation rights; and other stock awards including stock units, restricted stock units, performance shares, performance units and restricted stock. The performance goals that the Company may use for such awards will be based on any one The LTIP is administered by a committee selected by the Board consisting of two one six months before the participant may dispose of such shares. Gain on Insurance Proceeds The Company filed an insurance claim related to six roofs on certain of its buildings due to weather related damage. In 2016 2018 net of expenses and consulting fees related to the claim, $487.4 thousan

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	In accordance with this guidance, the following table represents our fair value hierarchy for Level 1 and Level 2 financial instruments at September 30, 2018 and December 31, 2017 in thousands Fair Value at Reporting Date Using September 30, 2018 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Assets: Level 1 Level 2 Total Cash and cash equivalents $ 736 $ — $ 736 Liabilities: Long-term debt $ — $ (6,173 ) $ (6,173 ) Long-term debt, related parties — (1,344 ) (1,344 ) Fair Value at Reporting Date Using December 31, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Assets: Level 1 Level 2 Total Cash and cash equivalents $ 841 $ — $ 841 Liabilities: Current maturities of long-term debt $ — $ (5,018 ) $ (5,018 ) Long-term debt, related parties — (1,331 ) (1,331 )

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2018
Inventory Disclosure [Abstract]
Schedule of Inventories for ferrous and non-ferrous materials	I n ventorie September 30, 2018 and December 31, 2017 consist of the following: September 30, 2018 (unaudited) December 31, 2017 (in thousands) R aw materials $ 4,191 $ 3,046 Finished goods 843 1,366 Processing costs 741 694 Total inventories for sale $ 5,775 $ 5,106

LONG TERM DEBT AND NOTES PAYA_2

LONG TERM DEBT AND NOTES PAYABLE TO BANK (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Long-term	Debt as of September 30, 2018 and December 31, 2017 consisted of the following: September 30 December 31 2018 2017 (unaudited) (in thousands) Revolving credit facility with MidCap, see above description for additional details $ 6,121 $ 5,018 K&R, LLC related party notes (See Note 6 668 716 7100 6 884 884 Equipment note, see above description for additional details — 7,740 6,618 Less amounts classified as current maturities 6,182 5,082 $ 1,558 $ 1,536
Schedule of Maturities of Long-term Debt	The annual contractual maturities of long-term debt (in thousands) for the next five twelve September 30 2019 $ 61 2020 6,134 2021 1,518 2022 15 2023 12 Total $ 7,740

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	9 Months Ended
	Sep. 30, 2018
Leases [Abstract]
Schedule of future minimum lease payments for operating leases	Future minimum lease payments for operating leases for the next five twelve September 30 of each year and thereafter, in thousands, as o f September 30, 2018 , reflective of the new lease agreement, a Related Party Other Total 2019 $ 470 $ 110 $ 580 2020 450 110 560 2021 450 38 488 2022 450 11 461 2023 450 3 453 2024 450 — 450 Future minimum lease payments $ 2,720 $ 272 $ 2,992
Schedule of depreciation and interest expense for capital leases	Depreciation and interest expense for capital leases, in thousands, are as follows: For the three September 30 For the nine September 30 2018 2017 2018 2017 Depreciation expense $ 74 $ 67 $ 210 $ 197 Interest expense 26 29 76 87
Schedule of accumulated depreciation and net book value for capital leases	Accumulated depreciation and net book value for capital leases, in thousands, are as follows: September 30 2018 2017 Accumulated depreciation $ 645 $ 368 Net book value 848 992
Schedule of future minimum lease payments for capital leases	Future minimum lease payments for capital leases for the next five twelve September 30 September 30, 2018 Total Principal Interest 2019 $ 424 $ 344 $ 80 2020 424 377 47 2021 236 222 14 2022 43 37 6 2023 28 25 3 2024 and thereafter 19 1 $ 1,175 $ 1,024 $ 151

PER SHARE DATA (Tables)

PER SHARE DATA (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The computation for basic and diluted income (loss) per share is as follows: Nine September 30, 2018 nine September 30, 2017 2018 2017 (in thousands, except per share information) Basic income (loss) per share Net income (loss) $ 356 $ (825 ) Weighted average shares outstanding 8,100 8,077 Basic income (loss) per share $ 0.04 $ (0.10 ) Diluted income (loss) per share Net income (loss) $ 356 $ (825 ) Weighted average shares outstanding 8,100 8,077 Add dilutive effect of assumed exercising of stock options, RSUs and warrants 66 — Diluted weighted average shares outstanding 8,166 8,077 Diluted income (loss) per share $ 0.04 $ (0.10 ) Three September 30, 2018 three September 30, 2017 2018 2017 (in thousands, except per share information) Basic loss per share Net loss $ (477 ) $ (177 ) Weighted average shares outstanding 8,108 8,082 Basic loss per share $ (0.06 ) $ (0.02 ) Diluted loss per share Net loss $ (477 ) $ (177 ) Weighted average shares outstanding 8,108 8,082 Add dilutive effect of assumed exercising of stock options, RSUs and warrants — — Diluted weighted average shares outstanding 8,108 8,082 Diluted loss per share $ (0.06 ) $ (0.02 )

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Related party balances are as follows, in thousands: 2018 2017 K&R and 7100 Deposit amounts owed to the Company by related parties ( 1 $ 42 $ 42 Prepaid expenses to related parties ( 1 — 43 Notes payable to related parties ( 3 1,552 1,600 Accrued interest ( 2 — Facility rent payable to related parties ( 2 — 123 Facility rent expense to related parties ( 4 338 484 Interest expense to related parties ( 4 56 56 Board of Directors: * Accounts payable to the Board of Directors for fees ( 2 $ 6 $ 50 Board of director fee expense ( 4 171 160 Board of director share-based compensation expense ( 4 25 — LK Property: Lease deposit to LK Property ( 1 $ 3 $ 3 Prepaid expenses to related parties ( 1 3 3 Accounts payable to LK Property ( 2 1 — Rent expense to LK Property** ( 4 27 27 MetalX: Accounts receivable from MetalX ( 1 $ — $ 1 Revenue from product sales to MetalX ( 4 — 188 * Excludes insignificant amount of travel reimbursement. **Excludes amounts reimbursed to LK Property for utilities and property tax. ( 1 September 30, 2018 December 31, 2017 ( 2 September 30, 2018 December 31, 2017 ( 3 September 30, 2018 December 31, 2017 ( 4 nine September 30, 2018 September 30, 2017

SHARE-BASED COMPENSATION AND _3

SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS (Tables)	9 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	Following is a summary of stock option activity and number of shares reserved for outstanding options Options N umber of shares (in thousands) Weighted Average Exercise Price per Share Weighted Average Remaining Contractual Term Weighted Average Grant Date Fair Value Outstanding at December 31, 2016 502 $ 4.78 2.07 years $ 2.43 Cancelled (30 ) 5.40 — 2.85 Expired (90 ) 4.94 — 1.71 Outstanding at December 31, 2017 382 $ 4.70 1.41 years $ 2.57 Issued 31 2.46 4.50 years 1.61 Outstanding at September 30, 2018 413 $ 4.53 0.95 years $ 2.49 Exercisable at September 30, 2018 382 $ 4.70 0.66 years $ 2.57 Securities available for grant at September 30, 2018 1,645 *Securities available for grant include securities available for stock option grants and RSUs.
Schedule of Weighted Average Assumptions	The weighted 2018 2018 Weighted average grant-date fair value of grants per option $ 1.61 Volatility 80.40 % Risk-free interest rate 2.59 % Expected life (in years) 5.00 Expected dividend yield — %
Summary of restricted stock units	F ollowing is a summary of RSU activit Restricted Stock Units Number of shares (in thousands) Weighted Average Remaining Contractual Term Weighted Average Grant Date Fair Value Outstanding at December 31, 2017 22.6 0.35 years $ 2.37 Granted 111.6 1.68 years 2.19 Vested (22.6 ) — 2.37 Outstanding at September 30, 2018 111.6 1.68 years $ 2.19

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL (Fair Value of Financial Instruments) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Fair value
Assets, Fair Value Disclosure [Abstract]
Cash and cash equivalents	$ 736	$ 841
Liabilities, Fair Value Disclosure [Abstract]
Current maturities of long-term debt	(6,173)	(5,018)
Long-term debt, related parties	(1,344)	(1,331)
Level 1 [Member]
Assets, Fair Value Disclosure [Abstract]
Cash and cash equivalents	736	841
Liabilities, Fair Value Disclosure [Abstract]
Current maturities of long-term debt	0	0
Long-term debt, related parties	0	0
Level 2 [Member]
Assets, Fair Value Disclosure [Abstract]
Cash and cash equivalents	0	0
Liabilities, Fair Value Disclosure [Abstract]
Current maturities of long-term debt	(6,173)	(5,018)
Long-term debt, related parties	$ (1,344)	$ (1,331)

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL (Stock Option Plan) (Details) - shares shares in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2009
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available under plan		2.4
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum term of options		5 years
Restricted Stock Units (RSUs) [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, Holding Period	6 months

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Gain on Insurance Proceeds) (Details)	3 Months Ended
	Jun. 30, 2018USD ($)	Sep. 30, 2018roof
Accounting Policies [Abstract]
Gain on settlement of insurance claim	$ 487,400
Number of roofs for which insurance claim filed | roof		6
Proceeds from Legal Settlements	$ 744,900

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Subsequent Events) (Details) - Subsequent Event [Member] $ in Millions	Nov. 09, 2018USD ($)
Loan and Security Agreement with Bank of America Na [Member]
Subsequent Event [Line Items]
Face amount	$ 10
Revolving Loan [Member]
Subsequent Event [Line Items]
Face amount	$ 1
Interest rate, Description of variable rate basis	LIBOR
Revolving Loan [Member] | Minimum [Member]
Subsequent Event [Line Items]
Interest rate, Basis spread on variable rate	2.25%
Revolving Loan [Member] | Maximum [Member]
Subsequent Event [Line Items]
Interest rate, Basis spread on variable rate	2.75%
Term Loan [Member]
Subsequent Event [Line Items]
Face amount	$ 2.5
Interest rate, Description of variable rate basis	LIBOR
Term Loan [Member] | Minimum [Member]
Subsequent Event [Line Items]
Interest rate, Basis spread on variable rate	2.75%
Term Loan [Member] | Maximum [Member]
Subsequent Event [Line Items]
Interest rate, Basis spread on variable rate	3.25%

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Inventory [Line Items]
Raw materials	$ 4,191	$ 3,046
Finished goods	843	1,366
Processing costs	741	694
Total inventories for sale	$ 5,775	$ 5,106

LONG TERM DEBT AND NOTES PAYA_3

LONG TERM DEBT AND NOTES PAYABLE TO BANK (MidCap) (Details)	Jun. 04, 2018USD ($)	Feb. 29, 2016USD ($)	Jun. 30, 2018USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Jul. 01, 2018USD ($)	Jun. 03, 2018USD ($)	Jun. 23, 2017USD ($)	Apr. 26, 2017USD ($)	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Principal amount due to related party								$ 129,000
Loan fees paid				$ 136,300	$ 125,000
Line of Credit Facility Borrowing Capacity Eligible Fixed Assets									$ 1,750,000
Loan amortization expense				113,000	$ 94,000
Line of Credit [Member] | MidCap 2016 Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 10,000,000			$ 8,000,000			$ 8,000,000			$ 6,000,000
Line of Credit Facility Borrowing Capacity Percent of Eligible Domestic Accounts Receivable				85.00%
Eligible inventory				$ 2,500,000
Percent of eligible inventory				75.00%
Line of Credit Facility Borrowing Capacity Appraised Net Forced Liquidation Value Of Eligible Fixed Assets				$ 400,000
Percent of eligible fixed assets				40.00%
Minimum borrowing capacity required			$ 350,000	$ 350,000
Minimum line covenant to be replaced by Fixed Charge Coverage Ratio covenant						$ 350,000
Fixed Charge Coverage Ratio, multiple used to replace the covenant				1.1
Loan fees paid	$ 15,000			$ 20,000
Line of Credit [Member] | MidCap 2016 Loan [Member] | Maximum [Member]
Debt Instrument [Line Items]
Fixed Charge Coverage Ratio, multiple achieved on an annual basis			0.011
Line of Credit [Member] | MidCap 2016 Loan [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument [Line Items]
Prepayment fee, less than 12 months		$ 120,000
Line of Credit, Prepayment Fee, Period to Refinance		1 year
Line of Credit [Member] | MidCap 2016 Loan [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument [Line Items]
Prepayment fee, greater than 12 months		$ 60,000
Line of Credit, Prepayment Fee, Period to Refinance		1 year
Equipment Sublimit [Member] | Line of Credit [Member] | MidCap 2016 Loan [Member]
Debt Instrument [Line Items]
Eligible inventory		$ 500,000
Percent of eligible inventory accounts receivable		85.00%
Eligible accounts receivable		$ 2,500,000
Percent of eligible inventory		75.00%
Percent of eligible fixed assets		40.00%		45.00%
Amortization period for equipment sublimit (in months)		60 months
Line of Credit Facility Borrowing Capacity Eligible Fixed Assets				$ 1,750,000
Secured Debt [Member] | Line of Credit [Member] | MidCap 2016 Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 6,000,000
Collateral-monitoring fee percent		0.275%
Annual facility fee		1.00%
Unused line fee percent		0.50%
Fixed Charge Coverage Ratio, multiple achieved on an annual basis		0.010
Minimum borrowing capacity required		$ 350,000
Amount eligible for sale or refinance		$ 3,000,000
Remaining borrowing capacity				$ 3,000,000
Secured Debt [Member] | Line of Credit [Member] | MidCap 2016 Loan [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		2.50%
Prime rate percent		5.25%
Interest rate increase		3.00%

LONG TERM DEBT AND NOTES PAYA_4

LONG TERM DEBT AND NOTES PAYABLE TO BANK (Promissory Notes) (Details) - Equipment note [Member]	1 Months Ended
	Jun. 30, 2018USD ($)
Debt Instrument [Line Items]
Face amount	$ 68,900
Debt Instrument, Term	5 years
Interest rate (as a percentage)	6.00%
Monthly debt payment	$ 1,300

LONG TERM DEBT AND NOTES PAYA_5

LONG TERM DEBT AND NOTES PAYABLE TO BANK (Schedule of Long-Term Debt) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Long-term Debt	$ 1,558	$ 1,536
Total long-term debt	7,740	6,618
Less amounts classified as current maturities	6,182	5,082
Revolving credit facility with MidCap, see above description for additional details
Debt Instrument [Line Items]
Total long-term debt	6,121	5,018
Equipment note [Member]
Debt Instrument [Line Items]
Total long-term debt	67	0
K and R, LLC [Member]
Debt Instrument [Line Items]
Total long-term debt	668	716
Grade Lane 7100, LLC [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 884	$ 884

LONG TERM DEBT AND NOTES PAYA_6

LONG TERM DEBT AND NOTES PAYABLE TO BANK (Annual Maturities) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
2,019	$ 61
2,020	6,134
2,021	1,518
2,022	15
2,023	12
Total long-term debt	$ 7,740	$ 6,618

LEASE COMMITMENTS (Narrative) (

LEASE COMMITMENTS (Narrative) (Details)	Jun. 15, 2018USD ($)	Mar. 03, 2018USD ($)	Oct. 01, 2017USD ($)item	Apr. 30, 2015USD ($)a	Dec. 01, 2014USD ($)	Mar. 02, 2014USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Feb. 28, 2014USD ($)	Aug. 31, 2015
Operating Leased Assets [Line Items]
Monthly rent expense	$ 600	$ 600
Rent expense, gross							$ 472,900	$ 614,300
Lease term	4 years	5 years
Affiliated Entity, LK Property Investments, LLC [Member]
Operating Leased Assets [Line Items]
Monthly rental payments				$ 3,000
Termination notice period				90 days
Reimbursement percentage of property taxes				40.00%
Facility [Member] | Louisville, Kentucky [Member] | 7100 Lease [Member]
Operating Leased Assets [Line Items]
Lease renewal, option period			5 years
Monthly rent expense			$ 37,500
Description of leasing arrangements			For each of the following one year periods, the annual rent increases the lesser of (a) the percentage change in the CPI over the preceding twelve months, or (b) 2% of the previous year's annual rent.
Number of additional consecutive terms to extend the lease | item			2
Lease term			7 years
Facility [Member] | Louisville, Kentucky [Member] | K and R, LLC [Member]
Operating Leased Assets [Line Items]
Monthly rent expense							$ 53,800
Facility [Member] | Seymour, Indiana [Member]
Operating Leased Assets [Line Items]
Lease renewal, option period					3 years
Number of lease extensions					3 years
Monthly rent expense					$ 8,000
Monthly rent expense increase					$ 200
Lease term					3 years
Property [Member] | Louisville, Kentucky [Member]
Operating Leased Assets [Line Items]
Monthly rent expense						$ 3,800			$ 3,500
Lease term										19 months
ISA Real Estate LLC | Affiliated Entity, LK Property Investments, LLC [Member]
Operating Leased Assets [Line Items]
Number of acres | a				4.4

LEASE COMMITMENTS (Lease Paymen

LEASE COMMITMENTS (Lease Payments) (Details) $ in Thousands	Sep. 30, 2018USD ($)
Operating Leased Assets [Line Items]
2,019	$ 580
2,020	560
2,021	488
2,022	461
2,023	453
2024 and thereafter	450
Future minimum lease payments	2,992
Related Party [Member]
Operating Leased Assets [Line Items]
2,019	470
2,020	450
2,021	450
2,022	450
2,023	450
2024 and thereafter	450
Future minimum lease payments	2,720
Other [Member]
Operating Leased Assets [Line Items]
2,019	110
2,020	110
2,021	38
2,022	11
2,023	3
2024 and thereafter	0
Future minimum lease payments	$ 272

LEASE COMMITMENTS (Capital Leas

LEASE COMMITMENTS (Capital Leases - Narrative) (Details)	May 01, 2016USD ($)	Jul. 31, 2018USD ($)item	Jun. 30, 2018USD ($)	May 31, 2018USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)
Capital Leases
Monthly payments for the first twelve months following the amendment date	$ 14,500
Monthly payments for the reminder of the lease term	$ 31,300
Number of pieces of equipment on lease		2			2
Lease term					6 years
Monthly rent expense, gross					$ 1,400
Purchase price per item of equipment upon the expiration of the lease		$ 1			1
Capital lease obligation, accumulated depreciation					$ 645,000	$ 368,000
Weighted average cost of capital (as a percent)		10.00%
Crane Lease [Member]
Capital Leases
Weighted average cost of capital (as a percent)					9.30%
Forklift Lease[Member]
Capital Leases
Weighted average cost of capital (as a percent)					10.00%
Capital lease obligation effective May 2016
Capital Leases
Capital lease obligation, net book value					$ 1,300,000
Capital lease obligation effective June 2017
Capital Leases
Capital lease obligation, net book value					$ 75,200
Capital lease obligation effective May 2018
Capital Leases
Lease term				4 years
Monthly rent expense, gross				$ 600
Capital lease obligation, net book value				$ 24,700
Capital leases obligation, interest rate				5.80%
Capital lease obligation effective June 2018
Capital Leases
Lease term			4 years
Monthly rent expense, gross			$ 700
Capital lease obligation, net book value			$ 29,000
Capital leases obligation, interest rate			5.80%
Capital lease obligation effective July 2018
Capital Leases
Lease term		6 years 4 months
Monthly rent expense, gross		$ 1,400
Capital lease obligation, net book value		$ 79,900

LEASE COMMITMENTS (Depreciation

LEASE COMMITMENTS (Depreciation and Interest Expense for Capital Leases) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Depreciation and interest expense for capital leases [Abstract]
Depreciation expense	$ 74	$ 67	$ 210	$ 197
Interest expense	$ 26	$ 29	$ 76	$ 87

LEASE COMMITMENTS (Accumulated

LEASE COMMITMENTS (Accumulated Depreciation and Net Book Value for Capital Leases) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Sep. 30, 2017
Accumulated depreciation and net book value for capital leases [Abstract]
Accumulated depreciation	$ 645	$ 368
Net book value	$ 848	$ 992

LEASE COMMITMENTS (Future Minim

LEASE COMMITMENTS (Future Minimum Lease Payments for Capital Leases) (Details) $ in Thousands	Sep. 30, 2018USD ($)
Future minimum lease payments for capital leases - Total
2,019	$ 424
2,020	424
2,021	236
2,022	43
2,023	28
2024 and thereafter	20
Total	1,175
Future minimum lease payments for capital leases - Principal
2,019	344
2,020	377
2,021	222
2,022	37
2,023	25
2024 and thereafter	19
Total	1,024
Future minimum lease payments for capital leases - Interest
2,019	80
2,020	47
2,021	14
2,022	6
2,023	3
2024 and thereafter	1
Total	$ 151

PER SHARE DATA (Details)

PER SHARE DATA (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Basic income (loss) per share
Net income (loss)	$ (477)	$ (177)	$ 356	$ (825)
Weighted average shares outstanding (in Shares)	8,108	8,082	8,100	8,077
Basic income (loss) per share (in dollars per share)	$ (0.06)	$ (0.02)	$ 0.04	$ (0.10)
Diluted income (loss) per share
Net income (loss)	$ (477)	$ (177)	$ 356	$ (825)
Weighted average shares outstanding (in Shares)	8,108	8,082	8,100	8,077
Add dilutive effect of assumed exercising of stock options, RSUs and warrants (in Shares)	0	0	66	0
Diluted weighted average shares outstanding (in Shares)	8,108	8,082	8,166	8,077
Diluted income (loss) per share (in dollars per share)	$ (0.06)	$ (0.02)	$ 0.04	$ (0.10)

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details)	Nov. 01, 2017USD ($)mo	Oct. 01, 2017USD ($)	Jun. 23, 2017USD ($)	Apr. 30, 2015USD ($)a	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)	Feb. 29, 2016USD ($)	Sep. 13, 2013USD ($)
Related Party Transaction [Line Items]
Notes Payable, Related Parties			$ 129,000
Amount paid as down payment under the agreement							$ 203,000	$ 75,000
Gain on the sale of equipment					$ 0	$ 0	$ 0	$ 28,000
Director [Member] | Restricted Stock Units (RSUs) [Member]
Related Party Transaction [Line Items]
Vesting period		1 year
Director [Member] | Maximum [Member] | Restricted Stock Units (RSUs) [Member]
Related Party Transaction [Line Items]
Amount of share granted		$ 25,000
Non-employee directors [Member]
Related Party Transaction [Line Items]
Revised amount of annual retainer (per Board member)		50,000
Chairman of other standing committees [Member]
Related Party Transaction [Line Items]
Additional amount of annual retainer		5,000
Chairman of audit committee [Member]
Related Party Transaction [Line Items]
Additional amount of annual retainer		$ 10,000
Former Chairman and Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Percentage shares owned (in excess)					20.00%		20.00%
Affiliated Entity, LK Property Investments, LLC [Member]
Related Party Transaction [Line Items]
Monthly rental payments				$ 3,000
Termination notice period				90 days
Reimbursement percentage of property taxes				40.00%
ISA Real Estate LLC | Affiliated Entity, LK Property Investments, LLC [Member]
Related Party Transaction [Line Items]
Number of acres | a				4.4
K and R, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Notes Payable, Related Parties					$ 1,552,000		$ 1,552,000		$ 1,600,000	$ 1,500,000
Due from Related Parties										32,000,000
Due to Related Parties										500,000
K and R, LLC [Member] | Affiliated Entity [Member] | Louisville, Kentucky [Member]
Related Party Transaction [Line Items]
Payable to related parties											$ 500,000
K and R, LLC [Member] | Handler Agreement
Related Party Transaction [Line Items]
Amount of assets purchased under the agreement			90,000
Amount paid as down payment under the agreement			$ 9,000
Term period of promissory note			24 months
Face principal amount			$ 81,000
Amount payable in equal monthly installments under the agreement			$ 3,400
Interest rate Upon a default of promissory note (as a percentage)			1.00%
K and R, LLC [Member] | Crane Agreement
Related Party Transaction [Line Items]
Amount of assets purchased under the agreement			$ 60,000
Amount paid as down payment under the agreement			$ 12,000
Term period of promissory note			24 months
Face principal amount			$ 48,000
Amount payable in equal monthly installments under the agreement			$ 2,000
Interest rate Upon a default of promissory note (as a percentage)			1.00%
Grade Lane 7100, LLC [Member] | K and R, LLC [Member]
Related Party Transaction [Line Items]
Face principal amount	$ 345,800
Payment of initial amount at the signing of the agreement	$ 100,000
Number of consecutive monthly payments | mo	6
Amount payable in equal monthly installments under the agreement	$ 41,000
Kletter Notes [Member] | Unsecured Debt [Member] | K and R, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Notes Payable, Related Parties										$ 620,300
Debt Instrument, Interest Rate, Stated Percentage										5.00%
Kletter Notes [Member] | Unsecured Debt [Member] | Grade Lane 7100, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Notes Payable, Related Parties										$ 883,800
Kletter Notes [Member] | Unsecured Debt [Member] | Kletter Estate [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Notes Payable, Related Parties										$ 1,500,000

RELATED PARTY TRANSACTIONS (Sch

RELATED PARTY TRANSACTIONS (Schedule of Related Party Transactions) (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Jun. 23, 2017	Feb. 29, 2016
Related Party Transaction [Line Items]
Accounts payable	$ 13,000		$ 173,000
Notes Payable, Related Parties				$ 129,000
Board of director share based compensation	64,000	$ 90,000
Director [Member]
Related Party Transaction [Line Items]
Accounts payable	6,000		50,000
Expenses	171,000	160,000
Board of director share based compensation	25,000	0
K and R, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Deposits (included in other long-term assets)	42,000		42,000
Notes Payable, Related Parties	1,552,000		1,600,000		$ 1,500,000
Accrued interest	6,000		0
K and R, LLC [Member] | Affiliated Entity [Member] | Prepaid expenses [Member]
Related Party Transaction [Line Items]
Expenses	0		43,000
K and R, LLC [Member] | Affiliated Entity [Member] | Accrued rent payable
Related Party Transaction [Line Items]
Related party payables	0		123,000
K and R, LLC [Member] | Affiliated Entity [Member] | Rent expense (property)
Related Party Transaction [Line Items]
Expenses	338,000	484,000
K and R, LLC [Member] | Affiliated Entity [Member] | Interest expense [Member]
Related Party Transaction [Line Items]
Expenses	56,000	56,000
Affiliated Entity, LK Property Investments, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Deposits (included in other long-term assets)	3,000		3,000
Accounts payable	1,000	0
Affiliated Entity, LK Property Investments, LLC [Member] | Affiliated Entity [Member] | Prepaid expenses [Member]
Related Party Transaction [Line Items]
Expenses	3,000		3,000
Affiliated Entity, LK Property Investments, LLC [Member] | Affiliated Entity [Member] | Rent expense (property)
Related Party Transaction [Line Items]
Expenses	27,000	27,000
MetalX, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Accounts receivable	0		$ 1,000
Revenue from product sales & services	$ 0	$ 188,000

SHARE-BASED COMPENSATION AND _4

SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS (Details)	Jul. 09, 2018USD ($)directorshares	Mar. 28, 2018USD ($)item$ / sharesshares	Mar. 26, 2018USD ($)	Jun. 15, 2016shares	Mar. 29, 2016USD ($)shares	Jan. 31, 2015shares	Sep. 30, 2018USD ($)shares	Sep. 30, 2018shares	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of non-employee directors | director	4
Payment of retention amounts | $							$ 135,900
Chief Financial Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in Shares)				170,000		20,000
President/CFO [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accrued bonuses included in payable to related party | $									$ 125,000	$ 100,000
Staff [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of bonus to be paid on annual base salary									25.00%
CEO [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of bonus to be paid on annual base salary			50.00%
Initial term of employment agreement			1 year
Period of initial term automatically extended			12 months
Notice period to terminate employment agreement			30 days
Annual base salary | $			$ 300,000
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options (in Shares)							31,000
Stock Option [Member] | CEO [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options (in Shares)		31,000
Exercise price (USD per Share) | $ / shares		$ 2.46
Vesting period		3 years	3 years
Percentage of annual equity compensation awards to be paid on annual base salary			16.67%
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in Shares)	13,228	18,000			11,400		111,600
Number of Employees Under Long Term Incentive Plan | item		6
Number of day prior to grant closing common stock price taken into consideration for grant date fair value	1 day	1 day
Grant date fair value | $	$ 100,000	$ 44,300			$ 32,000
Award vesting							22,600
Number of shares in each RSU	1	1			1
Restricted Stock Units (RSUs) [Member] | Chief Financial Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in Shares)						90,000
Award vesting								90,000
Number of shares in each RSU							1
Restricted Stock Units (RSUs) [Member] | CEO [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years
Awards granted (in Shares)		40,600
Number of day prior to grant closing common stock price taken into consideration for grant date fair value		1 day
Grant date fair value | $		$ 100,000
Number of shares in each RSU		1
Percentage of annual equity compensation awards to be paid on annual base salary			33.33%
Expiration period			36 months
Share options vested and became exercisable, tranche one [Member] | Stock Option [Member] | CEO [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage			33.33333%				33.33333%
Share options vested and became exercisable, tranche two [Member] | Stock Option [Member] | CEO [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage							33.33333%
Share options vested and became exercisable, tranche three [Member] | Stock Option [Member] | CEO [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage							33.33333%

SHARE-BASED COMPENSATION AND _5

SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS (Stock Option Plan Activity) (Details) - Stock Option [Member] - $ / shares shares in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
Number of Shares Outstanding [Roll Forward]
Beginning Balance, Outstanding Shares		382	502
Issued, Shares		31
Cancelled, Shares			(30)
Expired, Shares			(90)
Ending Balance, Outstanding Shares		413	382	502
Exercisable, Shares		382
Available for Grant, Shares	[1]	1,645
Weighted Average Exercise Price [Roll Forward]
Outstanding, Weighted Average Exercise Price ($ per Share)		$ 4.70	$ 4.78
Issued, Weighted Average Exercise Price ($ per Share)		2.46
Cancelled, Weighted Average Exercise Price ($ per Share)			5.40
Expired, Weighted Average Exercise Price ($ per share)			4.94
Outstanding, Weighted Average Exercise Price ($ per Share)		4.53	$ 4.70	$ 4.78
Exercisable, Weighted Average Exercise Price ($ per Share)		$ 4.70
Weighted Average Remaining Contractual Term
Outstanding, Weighted Average Remaining Contractual Term		11 months 12 days	1 year 4 months 28 days	2 years 25 days
Issued, Weighted Average Remaining Contractual Term		4 years 6 months
Exercisable, Weighted Average Remaining Contractual Term		7 months 28 days
Weighted Average Grant Date Fair Value [Roll Forward]
Outstanding, Weighted Average Grant Date Fair Value ($ per Share)		$ 2.49	$ 2.57	$ 2.43
Issued, Weighted Average Grant Date Fair Value ($ per Share)		1.61
Cancelled, Weighted Average Grant Date Fair Value ($ per Share)			2.85
Expired, Weighted Average Grant Date Fair Value ($ per Share)			1.71
Outstanding, Weighted Average Grant Date Fair Value ($ per Share)		2.49	$ 2.57	$ 2.43
Exercisable, Weighted Average Grant Date Fair Value ($ per Share)		$ 2.57
[1]	Securities available for grant include securities available for stock option grants and RSUs.

SHARE-BASED COMPENSATION AND _6

SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS (Restricted Stock Units Activity) (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	Jul. 09, 2018	Mar. 28, 2018	Mar. 29, 2016	Sep. 30, 2018	Dec. 31, 2017
Number of shares
Beginning Balance, Outstanding Shares				22,600
Granted, Shares	13,228	18,000	11,400	111,600
Vested, Shares				(22,600)
Ending Balance, Outstanding Shares				111,600	22,600
Weighted Average Remaining Contractual Term
Outstanding, Weighted Average Remaining Contractual Term				1 year 8 months 4 days	4 months 6 days
Granted, Weighted Average Remaining Contractual Term				1 year 8 months 4 days
Weighted Average Grant Date Fair Value
Outstanding, Weighted Average Grant Date Fair Value ($ per Share)				$ 2.37
Granted, Weighted Average Grant Date Fair Value ($ per Share)				2.19
Vested, Weighted Average Grant Date Fair Value ($ per Share)				2.37
Outstanding, Weighted Average Grant Date Fair Value ($ per Share)				$ 2.19	$ 2.37

SHARE BASED COMPENSATION (Weigh

SHARE BASED COMPENSATION (Weighted Average Assumptions) (Details) - Stock Option [Member]	9 Months Ended
	Sep. 30, 2018$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value of grants per option	$ 1.61
Volatility	80.40%
Risk-free interest rate	2.59%
Expected life (in years)	5 years
Expected dividend yield	0.00%

FINANCING AND RELATED MATTERS (

FINANCING AND RELATED MATTERS (Details) $ / shares in Units, $ in Millions	Jun. 13, 2014USD ($)director$ / sharesshares	Sep. 30, 2018director
Related Party Transaction [Line Items]
Number of board members designated by investor | director		1
Securities Purchase Agreement [Member] | Recycling Capital Partners, LLC [Member]
Related Party Transaction [Line Items]
Shares issued (in shares) | shares	857,143
Offering price | $	$ 3
Warrant term	5 years
Additional shares | shares	857,143
Expiration period	6 months
Exercise price (USD per Share) | $ / shares	$ 5
Director Designation Agreement [Member]
Related Party Transaction [Line Items]
Number of board members authorized to appoint | director	2
Percentage of stock owned by investor	5.00%