Reliv' International (RELV) 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2015	1-May-15
Document Information [Line Items]
Entity Registrant Name	RELIV INTERNATIONAL INC
Entity Central Index Key	768710
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Trading Symbol	RELV
Entity Common Stock, Shares Outstanding		12,819,110
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$5,845,823	$4,989,392
Accounts receivable, less allowances of $25,600 in 2015 and $26,300 in 2014	170,652	265,530
Accounts and note due from employees and distributors	121,290	121,208
Inventories
Finished goods	3,487,752	3,782,171
Raw materials	1,582,605	1,216,031
Sales aids and promotional materials	161,999	179,263
Total inventories	5,232,356	5,177,465
Refundable income taxes	126,619	257,577
Prepaid expenses and other current assets	963,772	661,038
Deferred income taxes	67,000	61,000
Total current assets	12,527,512	11,533,210
Other assets	306,562	295,929
Cash surrender value of life insurance	2,773,016	2,747,944
Note receivable due from distributor	1,707,852	1,732,982
Deferred income taxes	598,000	686,000
Intangible assets, net	2,858,243	2,925,775
Property, plant and equipment:
Land and land improvements	883,563	883,563
Building	9,967,154	9,966,748
Machinery & equipment	4,361,357	4,355,040
Office equipment	1,222,781	1,235,192
Computer equipment & software	2,549,257	2,505,229
Property, plant, and equipment,Gross	18,984,112	18,945,772
Less: Accumulated depreciation	12,132,088	12,019,802
Net property, plant and equipment	6,852,024	6,925,970
Total assets	27,623,209	26,847,810
Accounts payable and accrued expenses:
Trade accounts payable and other accrued expenses	3,005,527	2,026,198
Distributors' commissions payable	1,822,888	1,753,908
Sales taxes payable	241,664	292,188
Payroll, payroll taxes, and incentive compensation payable	899,654	1,114,763
Total accounts payable and accrued expenses	5,969,733	5,187,057
Current maturities of long-term debt	697,423	697,423
Total current liabilities	6,667,156	5,884,480
Noncurrent liabilities:
Revolving line of credit	500,000	500,000
Long-term debt, less current maturities	2,926,317	3,047,267
Other noncurrent liabilities	429,814	418,785
Total noncurrent liabilities	3,856,131	3,966,052
Stockholders' equity:
Preferred stock, par value $.001 per share; 3,000,000 shares authorized; -0- shares issued and outstanding in 2015 and 2014	0	0
Common stock, par value $.001 per share; 30,000,000 authorized; 14,673,083 shares issued and 12,819,110 shares outstanding as of 3/31/2015; 14,673,083 shares issued and 12,819,110 shares outstanding as of 12/31/2014	14,673	14,673
Additional paid-in capital	30,331,182	30,321,598
Accumulated deficit	-7,318,148	-7,434,595
Accumulated other comprehensive loss:
Foreign currency translation adjustment	-589,225	-565,838
Treasury stock	-5,338,560	-5,338,560
Total stockholders' equity	17,099,922	16,997,278
Total liabilities and stockholders' equity	$27,623,209	$26,847,810

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Allowance for accounts receivable (in dollars)	$25,600	$26,300
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	3,000,000	3,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares, issued	14,673,083	14,673,083
Common stock, shares, outstanding	12,819,110	12,819,110

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Net Income (Loss) and Comprehensive Income (Loss) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Product sales	$13,708,123	$13,305,781
Handling & freight income	1,126,240	1,159,108
Net sales	14,834,363	14,464,889
Costs and expenses:
Cost of products sold	2,994,949	2,886,851
Distributor royalties and commissions	5,280,747	5,207,287
Selling, general and administrative	6,129,949	6,540,867
Total costs and expenses	14,405,645	14,635,005
Income (loss) from operations	428,718	-170,116
Other income (expense):
Interest income	30,382	36,124
Interest expense	-23,939	-24,268
Other income / (expense)	-170,714	-24,690
Income (loss) before income taxes	264,447	-182,950
Provision (benefit) for income taxes	148,000	-32,000
Net income (loss)	116,447	-150,950
Other comprehensive income (loss):
Foreign currency translation adjustment	-23,387	32,743
Comprehensive income (loss)	$93,060	($118,207)
Earnings (loss) per common share - Basic (in dollars per share)	$0.01	($0.01)
Weighted average shares (in shares)	12,819,000	12,666,000
Earnings (loss) per common share - Diluted (in dollars per share)	$0.01	($0.01)
Weighted average shares (in shares)	12,822,000	12,666,000
Cash dividends declared per common share (in dollars per share)	$0	$0

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Operating activities:
Net income	$116,447	($150,950)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	255,382	242,067
Stock-based compensation	9,583	12,059
Non-cash life insurance policy accretion	-25,072	-22,083
Deferred income taxes	18,000	-32,000
Foreign currency transaction (gain)/loss	145,311	28,597
(Increase) decrease in accounts receivable and accounts due from employees and distributors	92,150	3,062
(Increase) decrease in inventories	-127,096	-563,699
(Increase) decrease in refundable income taxes	130,978	-35,857
(Increase) decrease in prepaid expenses and other current assets	-308,882	-481,735
(Increase) decrease in other assets	-10,633	-7,236
Increase (decrease) in income taxes payable	0	-199,558
Increase (decrease) in accounts payable & accrued expenses and other noncurrent liabilities	849,385	-178,684
Net cash provided by (used in) operating activities	1,145,553	-1,386,017
Investing activities:
Proceeds from the sale of property, plant and equipment	5,657	87
Purchase of property, plant and equipment	-127,561	-53,831
Payments received on distributor note receivable	23,671	22,295
Payment of life insurance premiums	0	-252,250
Net cash used in investing activities	-98,233	-283,699
Financing activities:
Principal payments on long-term borrowings	-124,356	-110,190
Net cash used in financing activities	-124,356	-110,190
Effect of exchange rate changes on cash and cash equivalents	-66,533	5,636
Increase (decrease) in cash and cash equivalents	856,431	-1,774,270
Cash and cash equivalents at beginning of period	4,989,392	6,656,798
Cash and cash equivalents at end of period	$5,845,823	$4,882,528

Accounting_Policies

Accounting Policies	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]		Note 1--	Accounting Policies
	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements and notes thereto have been prepared in accordance with the instructions to Form 10-Q and reflect all adjustments (which primarily include normal recurring accruals) which management believes are necessary to present fairly the financial position, results of operations and cash flows. These statements, however, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States. Interim results may not necessarily be indicative of results that may be expected for any other interim period or for the year as a whole. These financial statements should be read in conjunction with the audited consolidated financial statements and footnotes included in the annual report on Form 10-K for the year ended December 31, 2014, filed March 24, 2015 with the Securities and Exchange Commission.
	Certain reclassifications have been made to 2014 year amounts within the condensed consolidated statements of cash flows in order to conform to the current year presentation.

Basic_and_Diluted_Earnings_Los

Basic and Diluted Earnings (Loss) per Share	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 2--	Basic and Diluted Earnings (Loss) per Share
	Basic earnings (loss) per common share is computed using the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed using the weighted average number of common shares and potential dilutive common shares that were outstanding during the period. Potential dilutive common shares consist of outstanding stock options, outstanding stock warrants, and convertible preferred stock.
	The following table sets forth the computation of basic and diluted earnings (loss) per share:
			Three months ended March 31
			2015		2014
	Numerator:
	Net income (loss)		$	116,447	$	-150,950
	Denominator:
	Denominator for basic earnings (loss) per
	share--weighted average shares			12,819,000		12,666,000
	Dilutive effect of employee stock options
	and other warrants			3,000		-
	Denominator for diluted earnings (loss) per
	share--adjusted weighted average shares			12,822,000		12,666,000
	Basic earnings (loss) per share		$	0.01	$	-0.01
	Diluted earnings (loss) per share		$	0.01	$	-0.01
	Option and warrants to purchase 1,622,525 shares and 1,502,987 shares of common stock for the three months March 31, 2015 and 2014, respectively, were not included in the denominator for diluted earnings (loss) per share because their effect would be antidilutive or because the shares were deemed contingently issuable.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 3--	Fair Value of Financial Instruments
	Fair value can be measured using valuation techniques such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). Accounting standards utilize a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those levels:
	Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities.
	Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets or similar assets or liabilities in markets that are not active.
	Level 3: Unobservable inputs that reflect the reporting entity's own assumptions.
	The carrying amount and fair value of the Company's financial instruments are approximately as follows:
	Description		Carrying Value		Fair Value		Level 1		Level 2		Level 3
	March 31, 2015
	Long-term debt		$	4,123,740	$	4,123,740		-	$	4,123,740		-
	Note receivable			1,806,157		2,071,000		-		2,071,000		-
	Marketable securities			295,000		295,000	$	295,000		-		-
	December 31, 2014
	Long-term debt		$	4,244,690	$	4,244,690		-	$	4,244,690		-
	Note receivable			1,829,827		2,098,000		-		2,098,000		-
	Marketable securities			284,000		284,000	$	284,000		-		-
	Long-term debt: The fair value of the Company's term and revolver loans approximate carrying value as these loans have variable market-based interest rates which reset every thirty days. The fair value of the Company's obligation for the acquisition of its lunasin technology license approximates carrying value as this obligation is a zero-interest based obligation discounted utilizing an interest rate factor comparable to the Company's market-based interest rate for its term and revolver loans.
	Note receivable: The Company's note receivable is a variable rate residential mortgage-based financial instrument. An average of published interest rate quotes for a fifteen-year residential jumbo mortgage, a comparable financial instrument, was used to estimate fair value of this note receivable under a discounted cash flow model.
	Marketable securities: The assets (trading securities) of the Company's Supplemental Executive Retirement Plan are recorded at fair value on a recurring basis, and are presented within Other Assets in the consolidated balance sheets.
	The carrying value of other financial instruments, including cash, accounts receivable and accounts payable, and accrued liabilities approximate fair value due to their short maturities or variable-rate nature of their respective balances.

Debt

Debt	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	Note 4--	Debt
			March 31		December 31
			2015		2014
	Term loan		$	2,943,086	$	3,067,442
	Revolving line of credit			500,000		500,000
	Obligation for acquisition of technology license, net			680,654		677,248
				4,123,740		4,244,690
	Less current maturities			697,423		697,423
	Total long-term debt		$	3,426,317	$	3,547,267
	Principal maturities of debt at March 31, 2015 are as follows:
	Twelve months ending March 31,
	2016		$	697,423
	2017			3,195,663
	2018			230,654
	2019			-
	2020			-
	Thereafter			-
			$	4,123,740
	The Company has outstanding borrowings from its primary lender under a revolving line of credit agreement and a term loan agreement (collectively, "Credit Agreement"). As amended, the $3.5 million revolving line of credit agreement accrues interest at a floating interest rate based on the 30-day LIBOR plus 1.85%. As of March 31, 2015, the revolver's interest rate was 2.023% and $3.0 million remains available for additional borrowings under the revolving line of credit.
	As amended, the term loan agreement requires monthly term loan payments consisting of principal of $41,452 plus interest with a balloon payment for the outstanding balance due and payable on July 1, 2016. The term loan's interest rate is based on the 30-day LIBOR plus 2.0% and was 2.173% at March 31, 2015.
	As amended in 2014 and on March 4, 2015, borrowings under the Credit Agreement are secured by all tangible and intangible assets of the Company and also by a mortgage on the real estate of the Company's headquarters. The amended Credit Agreement restricts the Company from the declaration and cash payment of common stock dividends and the repurchase of company common stock.
	A loan covenant under the amended Credit Agreement requires the Company to maintain a fixed charge coverage ratio in which EBITDA adjusted for certain non-cash expenses shall exceed fixed charges by a ratio of 1.0 to 1 at March 31, 2015 and a ratio of 1.15 to 1 for all subsequent quarterly reporting periods. Fixed charges, as defined, include unfinanced capital expenditures, dividends and other distributions, cash taxes paid, and principal and interest due on all debt obligations.
	The amended Credit Agreement also includes a loan covenant which requires the Company to maintain net tangible worth of not less than $9.5 million. Net tangible worth is defined as actual stockholders' equity reduced by the sum of net intangible assets, accounts due from employees and distributors, and note receivable due from distributor. At March 31, 2015, the Company was in compliance with its loan covenants.

LongTerm_Incentive_Compensatio

Long-Term Incentive Compensation Plan	3 Months Ended
	Mar. 31, 2015
Compensation Related Costs [Abstract]
Compensation Related Costs, General [Text Block]	Note 5--	Long-Term Incentive Compensation Plan
	In July 2010, the Company’s Reliv Europe subsidiary entered into a long-term performance-based incentive compensation agreement with the subsidiary’s senior managers. The valuation of the compensation agreement is an EBITDA-based formula derived from the subsidiary’s financial performance and vests in 20% annual increments which began in April 2011. The amount of the incentive, if any, can increase or decrease each quarter in accordance with a 24-month look-back of the subsidiary’s financial performance and the vesting provisions. Upon initial vesting, a manager may elect to exercise his/her put option to receive in cash some or all of his/her respective share of the incentive. For the three months ended March 31, 2015 and 2014, decreases in compensation expense associated with this incentive plan were $(74,300) and $(12,000), respectively. This decrease to compensation expense is presented in Selling, General and Administrative in the accompanying condensed consolidated statements of net income (loss) and comprehensive income (loss). At March 31, 2015 and December 31, 2014, accrued compensation for this incentive plan was $591,700 and $666,000, respectively, and was presented in "Payroll, Payroll Taxes, and Incentive Compensation Payable" in the accompanying condensed consolidated balance sheets.
	Beginning April 2015, the Company may exercise a call option on one or more of the managers' incentive amount; redeeming such amount in cash or a combination of cash and the Company's common stock, depending upon the amount of the vested incentive. On April 1, 2015, the incentive amount became 100% vested, and concurrently, each of the subsidiary's senior managers exercised 100% of his/her put option. The managers' exercise of their incentive and related payout will be recorded in the Company's second quarter 2015 condensed consolidated financial statements.

Taxes

Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 6--	Taxes
	The interim financial statement provision for income taxes (benefit) is different from the amounts computed by applying the United States federal statutory income tax rate of 34%. In summary, the reasons for these differences are as follows:
			Three months ended March 31
			2015		2014
	Income taxes (benefit) at U.S. statutory rate		$	90,000	$	-62,000
	State income taxes, net of federal benefit			14,000		18,000
	Higher / (lower) effective taxes on earnings/losses
	in certain foreign countries			11,000		6,000
	Foreign corporate income taxes			27,000		-5,000
	Other, net			6,000		11,000
			$	148,000	$	-32,000
	One of the company's foreign subsidiaries is presently under local country audit for alleged deficiencies (totaling approximately $800,000 plus interest at 20% per annum) in value-added tax (VAT) and withholding tax for the years 2004 through 2006. The Company, in consultation with its legal counsel, believes that there are strong legal grounds that it is not liable to pay the majority of the alleged tax deficiencies. As of December 31, 2010, management estimated and reserved approximately $185,000 in taxes and interest for resolution of this matter and recorded this amount within Selling, General, and Administrative expense in the 2010 Consolidated Statement of Income. In 2011, the Company made good faith deposits to the local tax authority under the tax agency's administrative judicial resolution process. As of March 31, 2015 and December 31, 2014, management's estimated reserve (net of deposits) for this matter is approximately $128,000 and $122,000, respectively. There has been no change in this matter during the first three months of 2015.

Recent_Accounting_Standard_Pen

Recent Accounting Standard Pending Adoption	3 Months Ended
	Mar. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Standards Pending Adoption [Text Block]	Note 7--	Recent Accounting Standard Pending Adoption
	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The original standard was effective for fiscal years beginning after December 15, 2016; however, in April 2015, the FASB proposd a a one-year deferral of this standard, with a new effective date for fiscal years beginning after December 15, 2017. The new standard permits the use of either the retrospective or modified retrospective transition method. The Company is currently evaluating the effect, if any, that the updated standard will have on its consolidated financial statements and related disclosures, as well its planned transition method.
	In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern, which requires management to assess, at each annual and interim reporting period, the entity's ability to continue as a going concern within one year from the date the financial statements are issued and provide related disclosures. The new standard will be effective for the company for the annual reporting period ending December 31, 2016, with early adoption permitted. This standard is not currently expected to have a material effect on the Company's financial statement disclosures upon adoption, though the ultimate impact will be dependent on the Company's financial condition and expected operating outlook at such time.

Accounting_Policies_Policies

Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements and notes thereto have been prepared in accordance with the instructions to Form 10-Q and reflect all adjustments (which primarily include normal recurring accruals) which management believes are necessary to present fairly the financial position, results of operations and cash flows. These statements, however, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States. Interim results may not necessarily be indicative of results that may be expected for any other interim period or for the year as a whole. These financial statements should be read in conjunction with the audited consolidated financial statements and footnotes included in the annual report on Form 10-K for the year ended December 31, 2014, filed March 24, 2015 with the Securities and Exchange Commission.
	Certain reclassifications have been made to 2014 year amounts within the condensed consolidated statements of cash flows in order to conform to the current year presentation.

Basic_and_Diluted_Earnings_Los1

Basic and Diluted Earnings (Loss) per Share (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]	The following table sets forth the computation of basic and diluted earnings (loss) per share:
		Three months ended March 31
		2015		2014
	Numerator:
	Net income (loss)	$	116,447	$	-150,950
	Denominator:
	Denominator for basic earnings (loss) per
	share--weighted average shares		12,819,000		12,666,000
	Dilutive effect of employee stock options
	and other warrants		3,000		-
	Denominator for diluted earnings (loss) per
	share--adjusted weighted average shares		12,822,000		12,666,000
	Basic earnings (loss) per share	$	0.01	$	-0.01
	Diluted earnings (loss) per share	$	0.01	$	-0.01

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	The carrying amount and fair value of the Company's financial instruments are approximately as follows:
	Description	Carrying Value		Fair Value		Level 1		Level 2		Level 3
	March 31, 2015
	Long-term debt	$	4,123,740	$	4,123,740		-	$	4,123,740		-
	Note receivable		1,806,157		2,071,000		-		2,071,000		-
	Marketable securities		295,000		295,000	$	295,000		-		-
	December 31, 2014
	Long-term debt	$	4,244,690	$	4,244,690		-	$	4,244,690		-
	Note receivable		1,829,827		2,098,000		-		2,098,000		-
	Marketable securities		284,000		284,000	$	284,000		-		-

Debt_Tables

Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]		March 31		December 31
		2015		2014
	Term loan	$	2,943,086	$	3,067,442
	Revolving line of credit		500,000		500,000
	Obligation for acquisition of technology license, net		680,654		677,248
			4,123,740		4,244,690
	Less current maturities		697,423		697,423
	Total long-term debt	$	3,426,317	$	3,547,267
Schedule of Maturities of Long-term Debt [Table Text Block]	Principal maturities of debt at March 31, 2015 are as follows:
	Twelve months ending March 31,
	2016	$	697,423
	2017		3,195,663
	2018		230,654
	2019		-
	2020		-
	Thereafter		-
		$	4,123,740

Taxes_Tables

Taxes (Tables)	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The interim financial statement provision for income taxes (benefit) is different from the amounts computed by applying the United States federal statutory income tax rate of 34%. In summary, the reasons for these differences are as follows:
		Three months ended March 31
		2015		2014
	Income taxes (benefit) at U.S. statutory rate	$	90,000	$	-62,000
	State income taxes, net of federal benefit		14,000		18,000
	Higher / (lower) effective taxes on earnings/losses
	in certain foreign countries		11,000		6,000
	Foreign corporate income taxes		27,000		-5,000
	Other, net		6,000		11,000
		$	148,000	$	-32,000

Basic_and_Diluted_Earnings_Los2

Basic and Diluted Earnings (Loss) per Share (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Numerator:
Net income (loss)	$116,447	($150,950)
Denominator:
Denominator for basic earnings (loss) per share--weighted average shares	12,819,000	12,666,000
Dilutive effect of employee stock options and other warrants	3,000	0
Denominator for diluted earnings (loss) per share--adjusted weighted average shares	12,822,000	12,666,000
Basic earnings (loss) per share (in dollars per share)	$0.01	($0.01)
Diluted earnings (loss) per share (in dollars per share)	$0.01	($0.01)

Basic_and_Diluted_Earnings_Los3

Basic and Diluted Earnings (Loss) per Share (Details Textual)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount	1,622,525	1,502,987

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Fair Value of Financial Instruments [Line Items]
Long-term debt, Carrying Value	$4,123,740	$4,244,690
Note receivable, Carrying Value	1,806,157	1,829,827
Marketable securities, Carrying Value	295,000	284,000
Long-term debt, Fair Value	4,123,740	4,244,690
Note receivable, Fair Value	2,071,000	2,098,000
Marketable securities, Fair Value	295,000	284,000
Fair Value, Inputs, Level 1 [Member]
Fair Value of Financial Instruments [Line Items]
Long-term debt, Fair Value	0	0
Note receivable, Fair Value	0	0
Marketable securities, Fair Value	295,000	284,000
Fair Value, Inputs, Level 2 [Member]
Fair Value of Financial Instruments [Line Items]
Long-term debt, Fair Value	4,123,740	4,244,690
Note receivable, Fair Value	2,071,000	2,098,000
Marketable securities, Fair Value	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value of Financial Instruments [Line Items]
Long-term debt, Fair Value	0	0
Note receivable, Fair Value	0	0
Marketable securities, Fair Value	$0	$0

Debt_Details

Debt (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Carrying Value Of Debt [Line Items]
Term loan	$2,943,086	$3,067,442
Revolving line of credit	500,000	500,000
Obligation for acquisition of technology license, net	680,654	677,248
Long-term Debt	4,123,740	4,244,690
Less current maturities	697,423	697,423
Total long-term debt	$3,426,317	$3,547,267

Debt_Details_1

Debt (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Twelve months ending March 31,
2016	$697,423
2017	3,195,663
2018	230,654
2019	0
2020	0
Thereafter	0
Long-term Debt, Total	$4,123,740	$4,244,690

Debt_Details_Textual

Debt (Details Textual) (USD $)	3 Months Ended
	Mar. 31, 2015
Revolving Credit Facility [Member]
Carrying Value Of Debt [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$3,500,000
Line of Credit Facility, Remaining Borrowing Capacity	3,000,000
Line of Credit Facility, Interest Rate Description	a floating interest rate based on the 30-day LIBOR plus 1.85%
Line of Credit Facility, Interest Rate at Period End	2.02%
Secured Debt [Member]
Carrying Value Of Debt [Line Items]
Debt Instrument, Description Of Variable Rate Basis	The term loan's interest rate is based on the 30-day LIBOR plus 2.0%
Debt Instrument, Frequency Of Periodic Payment	monthly
Debt Instrument, Periodic Payment, Principal	$41,452
Debt Instrument, Maturity Date	1-Jul-16
Debt Instrument, Restrictive Covenants	The amended Credit Agreement also includes a loan covenant which requires the Company to maintain net tangible worth of not less than $9.5 million.
Debt Instrument, Covenant Compliance, Fixed charge Coverage Ratio, Minimum	1
Debt Instrument, Interest Rate, Stated Percentage	2.17%
Secured Debt [Member] | Subsequent Event [Member]
Carrying Value Of Debt [Line Items]
Debt Instrument, Covenant Compliance, Fixed charge Coverage Ratio, Minimum	1.15

LongTerm_Incentive_Compensatio1

Long-Term Incentive Compensation Plan (Details Textual) (USD $)	0 Months Ended	3 Months Ended		12 Months Ended
	Apr. 01, 2015	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2011	Dec. 31, 2014
Subsequent Event [Member]
Long-Term Incentive Compensation Plan [Line Items]
Share based Compensation Arrangement by Share-based Payment Award Percentage of Options Vested Number of Shares	100.00%
Incentive Compensation Plan [Member]
Long-Term Incentive Compensation Plan [Line Items]
Performance Based Incentive Compensation Vest Based On Annual Increment Percentage				20.00%
Increase (Decrease) in Deferred Compensation		($74,300)	($12,000)
Payroll Payroll Taxes And Incentive Compensation Payable		$591,700			$666,000

Taxes_Details

Taxes (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Taxes [Line Items]
Income taxes (benefit) at U.S. statutory rate	$90,000	($62,000)
State income taxes, net of federal benefit	14,000	18,000
Higher / (lower) effective taxes on earnings/losses in certain foreign countries	11,000	6,000
Foreign corporate income taxes	27,000	-5,000
Other, net	6,000	11,000
Income Tax Expense (Benefit), Total	$148,000	($32,000)

Taxes_Details_Textual

Taxes (Details Textual) (USD $)	3 Months Ended	12 Months Ended	36 Months Ended
	Mar. 31, 2015	Dec. 31, 2010	Dec. 31, 2006	Dec. 31, 2014
Taxes [Line Items]
Effective Income Tax Rate Reconciliation, Percent, Total	34.00%
Vat And Withholding Taxes			$800,000
Interest Penalty Percentage			20.00%
Selling, General and Administrative Expense		185,000
Management Estimated Reserve For Tax	$128,000			$122,000