Reliv' International (RELV) 10-Q 14 Nov 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 03, 2017
Document Information [Line Items]
Entity Registrant Name	RELIV INTERNATIONAL INC
Entity Central Index Key	768,710
Trading Symbol	relv
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		1,845,160
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 2,465,411	$ 3,606,817
Accounts receivable, less allowances of $25,800 in 2017 and $26,700 in 2016	33,705	126,113
Accounts and note due from employees and distributors	138,684	139,931
Inventories
Finished goods	2,702,561	2,629,541
Raw materials	2,035,138	1,728,136
Sales aids and promotional materials	139,895	130,153
Total inventories	4,877,594	4,487,830
Refundable income taxes	48,247	97,194
Prepaid expenses and other current assets	500,458	474,183
Total current assets	8,064,099	8,932,068
Other assets	335,711	305,137
Cash surrender value of life insurance	3,056,387	2,965,981
Note receivable due from distributor	1,434,739	1,521,005
Deferred income taxes	535,000	487,000
Intangible assets, net	2,230,745	2,400,234
Property, plant and equipment:
Land and land improvements	905,190	905,190
Building	9,943,531	9,943,512
Machinery & equipment	4,707,262	4,329,329
Office equipment	1,181,443	1,203,868
Computer equipment & software	2,250,209	2,218,766
	18,987,635	18,600,665
Less: Accumulated depreciation	13,189,768	12,746,363
Net property, plant and equipment	5,797,867	5,854,302
Total assets	21,454,548	22,465,727
Accounts payable and accrued expenses:
Trade accounts payable and other accrued expenses	1,991,902	2,352,692
Distributors' commissions payable	1,144,612	1,402,370
Sales taxes payable	175,188	234,153
Payroll and payroll taxes payable	298,017	245,090
Total accounts payable and accrued expenses	3,609,719	4,234,305
Income taxes payable	26,950
Current portion of long-term debt	2,626,661	389,096
Total current liabilities	6,263,330	4,623,401
Noncurrent liabilities:
Long-term debt, less current portion		2,518,341
Other noncurrent liabilities	432,389	409,813
Total noncurrent liabilities	432,389	2,928,154
Stockholders' equity:
Preferred stock, par value $.001 per share; 500,000 shares authorized; -0- shares issued and outstanding in 2017 and 2016	0	0
Common stock, par value $.001 per share; 5,000,000 authorized; 2,110,013 shares issued and 1,845,160 shares outstanding as of 9/30/2017; 2,110,013 shares issued and 1,845,160 shares outstanding as of 12/31/2016	2,110	2,110
Additional paid-in capital	30,590,476	30,565,144
Accumulated deficit	(9,599,292)	(9,284,317)
Accumulated other comprehensive loss:
Foreign currency translation adjustment	(895,905)	(1,030,205)
Treasury stock	(5,338,560)	(5,338,560)
Total stockholders' equity	14,758,829	14,914,172
Total liabilities and stockholders' equity	$ 21,454,548	$ 22,465,727

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Accounts receivable, allowances	$ 25,800	$ 26,700
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, shares issued (in shares)	2,110,013	2,110,013
Common stock, shares outstanding (in shares)	1,845,160	1,845,160

Condensed Consolidated Statemen

Condensed Consolidated Statements of Net Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Product sales	$ 8,385,999	$ 9,972,547	$ 29,479,924	$ 32,181,585
Handling & freight income	683,324	812,868	2,373,809	2,693,602
Net sales	9,069,323	10,785,415	31,853,733	34,875,187
Costs and expenses:
Cost of products sold	1,949,670	2,214,633	7,113,647	7,729,508
Distributor royalties and commissions	3,199,596	3,799,791	11,252,922	12,345,171
Selling, general and administrative	4,253,675	4,737,305	13,811,814	15,887,901
Total costs and expenses	9,402,941	10,751,729	32,178,383	35,962,580
Income (loss) from operations	(333,618)	33,686	(324,650)	(1,087,393)
Other income (expense):
Interest income	25,277	26,199	76,630	80,689
Interest expense	(27,183)	(28,982)	(79,472)	(82,161)
Other income / (expense)	(4,579)	41,575	40,517	226,519
Income (loss) before income taxes	(340,103)	72,478	(286,975)	(862,346)
Provision (benefit) for income taxes	(21,000)	(62,000)	28,000	35,000
Net income (loss)	(319,103)	134,478	(314,975)	(897,346)
Other comprehensive income (loss):
Foreign currency translation adjustment	43,666	(74,503)	134,300	(296,116)
Comprehensive income (loss)	$ (275,437)	$ 59,975	$ (180,675)	$ (1,193,462)
Earnings (loss) per common share - Basic (in dollars per share)	$ (0.17)	$ 0.07	$ (0.17)	$ (0.49)
Weighted average shares (in shares)	1,845,000	1,846,000	1,845,000	1,846,000
Earnings (loss) per common share - Diluted (in dollars per share)	$ (0.17)	$ 0.07	$ (0.17)	$ (0.49)
Weighted average shares (in shares)	1,845,000	1,846,000	1,845,000	1,846,000

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Operating activities:
Net loss	$ (314,975)	$ (897,346)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	653,625	734,763
Stock-based compensation	25,332	52,083
Non-cash life insurance policy accretion	(90,406)	(87,732)
(Gain) loss on sale of property, plant and equipment	(8,906)
Deferred income taxes	(6,000)	27,000
Foreign currency transaction (gain) loss	(29,299)	(191,091)
(Increase) decrease in accounts receivable and accounts due from employees and distributors	98,634	81,571
(Increase) decrease in inventories	(313,382)	868,287
(Increase) decrease in refundable income taxes	49,500	(2,153)
(Increase) decrease in prepaid expenses and other current assets	(21,418)	(71,431)
(Increase) decrease in other assets	(30,196)	(4,180)
Increase (decrease) in income taxes payable	26,950
Increase (decrease) in accounts payable & accrued expenses and other noncurrent liabilities	(632,607)	253,012
Net cash provided by (used in) operating activities	(593,148)	762,783
Investing activities:
Purchase of property, plant and equipment	(430,083)	(18,686)
Proceeds from the sale of property, plant and equipment	13,001	912
Payments received on distributor note receivable	81,254	76,534
Net cash provided by (used in) investing activities	(335,828)	58,760
Financing activities:
Principal payments on long-term borrowings	(282,496)	(904,461)
Net cash used in financing activities	(282,496)	(904,461)
Effect of exchange rate changes on cash and cash equivalents	70,066	(9,337)
Increase (decrease) in cash and cash equivalents	(1,141,406)	(92,255)
Cash and cash equivalents at beginning of period	3,606,817	3,262,263
Cash and cash equivalents at end of period	$ 2,465,411	$ 3,170,008

Note 1 - Accounting Policies

Note 1 - Accounting Policies	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
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 These statements, however, do not may not may 10 December 31, 2016, March 28, 2017 On October 4, 2016, 1 7 Each stockholder's percentage ownership and proportional voting power remained unchanged as a result of the reverse stock split. All applicable share data, per share amounts, and related information in these Condensed Consolidated Financial Statements and notes thereto have been adjusted retroactively to give effect to the 1 7

Note 2 - Basic and Diluted Earn

Note 2 - Basic and Diluted Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
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 September 30 Nine months ended September 30 2017 2016 2017 2016 Numerator: Net income (loss) $ (319,103 ) $ 134,478 $ (314,975 ) $ (897,346 ) Denominator: Denominator for basic earnings (loss) per 1,845,000 1,846,000 1,845,000 1,846,000 Dilutive effect of employee stock options and other warrants - - - - Denominator for diluted earnings (loss) per 1,845,000 1,846,000 1,845,000 1,846,000 Basic earnings (loss) per share $ (0.17 ) $ 0.07 $ (0.17 ) $ (0.49 ) Diluted earnings (loss) per share $ (0.17 ) $ 0.07 $ (0.17 ) $ (0.49 ) Options and warrants to purchase 146,715 three nine September 30, 2017, not Options and warrants to purchase 265,001 267,184 three nine September 30, 2016, not

Note 3 - Fair Value of Financia

Note 3 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
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 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 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 September 30, 2017 Long-term debt $ 2,626,661 $ 2,626,661 - $ 2,626,661 - Note receivable 1,548,910 1,742,000 - 1,742,000 - Marketable securities 327,000 327,000 $ 327,000 - - December 31, 2016 Long-term debt $ 2,907,437 $ 2,907,437 - $ 2,907,437 - Note receivable 1,630,164 1,812,000 - 1,812,000 - Marketable securities 296,000 296,000 $ 296,000 - - Long-term debt : The fair value of the Company's term and revolver loans approximate carrying value as these loans were incurred within the past two thirty 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 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.

Note 4 - Debt

Note 4 - Debt	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 4 Debt September 30 December 31 2017 2016 Term loan $ 2,626,661 $ 2,843,301 Notes payable - 64,136 2,626,661 2,907,437 Less current portion 2,626,661 389,096 Total long-term debt $ - $ 2,518,341 Effective September 30, 2015, $3.25 $3.5 These lending agreements replaced similar borrowings under agreements with the Company’s former primary lender. The $3.25 three ten $27,080 September 30, 2018. Accordingly, the outstanding term loan balance is presented as a current liability in the September 30, 2017 30 2.25% 3.48% September 30, 2017. The $3.5 September 30, 2015, 30 2.25% one Effective September 30, 2016, April 30, 2018. September 30, 2017, no October 2017, $500,000 Borrowings under the lending agreements are secured by all tangible and intangible assets of the Company, a whole life insurance policy on the life of the Company's Chief Executive Officer, and by a mortgage on the real estate of the Company's headquarters. The lending agreements include quarterly financial covenants requiring the Company to maintain net tangible worth of not $9.5 i) a cumulative minimum EBITDA requirement of $600,000 $800,000 September 30, 2017 December 31, 2017, $200,000 March 31, 2018. As defined, EBITDA equals the Company's consolidated net income for such period, before interest expense, income tax expense, depreciation and amortization, and management fees, and further adjusted to exclude any gain or loss on the sale of assets, other extraordinary gains or losses, and any one At September 30, 2017, The Company anticipates it will be able to refinance its term loan and renew its revolving line of credit with its current lender prior to the respective maturity dates of each agreement; however, there can be no Company management believes that the Company's cash on hand and its ability, if necessary, to borrow a significant portion of or liquidate the cash surrender value of the Company's key-man life insurance policy, will be sufficient to meet the Company's working capital requirements and debt service requirements for the next twelve

Note 5 - Taxes

Note 5 - Taxes	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 5 Taxes The interim financial statement provision (benefit) for income taxes 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: Nine months ended September 30 2017 2016 Income taxes (benefit) at U.S. statutory rate $ (98,000 ) $ (293,000 ) Change in valuation allowance 201,000 363,000 State income taxes, net of federal benefit 11,000 20,000 Higher / (lower) effective taxes on earnings/losses in certain foreign countries (103,000 ) (50,000 ) Foreign corporate income taxes 28,000 66,000 Other, net (11,000 ) (71,000 ) $ 28,000 $ 35,000 For fiscal year 2016, second not 2016 2016 not Accordingly, the Company's full year 2016 $292,000 2016 From a U.S. tax perspective, for the nine September 30, 2017, 2017. One of the Company's foreign subsidiaries is presently under local country audit for alleged deficiencies (totaling approximately $800,000 20% 2004 2006. The Company, in consultation with its legal counsel, believes that there are strong legal grounds that it is not December 31, 2010, $185,000 2010 2011, September 30, 2017 December 31, 2016, $171,000 $158,000, no first nine 2017.

Note 6 - Restructuring Activiti

Note 6 - Restructuring Activities - 2016	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	Note 6 Restructuring Activities - 2016 In May 2016, 9% The total cost of this program, representing severance and benefits, was approximately $275,000, June 30, 2016. $1,100,000. At June 30, 2016, $47,000, third 2016.

Note 7 - Recent Accounting Stan

Note 7 - Recent Accounting Standards	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	Note 7 Recent Accounting Standards Adopted in 2017 In July 2015, No. 2015 11, Inventory (Topic 330 January 1, 2017. not In March 2016, No. 2016 09, Compensation - Stock Compensation (Topic 781 January 1, 2017. not Not In May 2014, No. 2014 09, Revenue from Contracts with Customers January 1, 2018. January 1, 2018, $350,000 $400,000; 2017 In February 2016, No. 2016 2, Leases (Topic 842 twelve December 15, 2018 not

Note 2 - Basic and Diluted Ea13

Note 2 - Basic and Diluted Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended September 30 Nine months ended September 30 2017 2016 2017 2016 Numerator: Net income (loss) $ (319,103 ) $ 134,478 $ (314,975 ) $ (897,346 ) Denominator: Denominator for basic earnings (loss) per 1,845,000 1,846,000 1,845,000 1,846,000 Dilutive effect of employee stock options and other warrants - - - - Denominator for diluted earnings (loss) per 1,845,000 1,846,000 1,845,000 1,846,000 Basic earnings (loss) per share $ (0.17 ) $ 0.07 $ (0.17 ) $ (0.49 ) Diluted earnings (loss) per share $ (0.17 ) $ 0.07 $ (0.17 ) $ (0.49 )

Note 3 - Fair Value of Financ14

Note 3 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	Description Carrying Value Fair Value Level 1 Level 2 Level 3 September 30, 2017 Long-term debt $ 2,626,661 $ 2,626,661 - $ 2,626,661 - Note receivable 1,548,910 1,742,000 - 1,742,000 - Marketable securities 327,000 327,000 $ 327,000 - - December 31, 2016 Long-term debt $ 2,907,437 $ 2,907,437 - $ 2,907,437 - Note receivable 1,630,164 1,812,000 - 1,812,000 - Marketable securities 296,000 296,000 $ 296,000 - -

Note 4 - Debt (Tables)

Note 4 - Debt (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Debt [Table Text Block]	September 30 December 31 2017 2016 Term loan $ 2,626,661 $ 2,843,301 Notes payable - 64,136 2,626,661 2,907,437 Less current portion 2,626,661 389,096 Total long-term debt $ - $ 2,518,341

Note 5 - Taxes (Tables)

Note 5 - Taxes (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Nine months ended September 30 2017 2016 Income taxes (benefit) at U.S. statutory rate $ (98,000 ) $ (293,000 ) Change in valuation allowance 201,000 363,000 State income taxes, net of federal benefit 11,000 20,000 Higher / (lower) effective taxes on earnings/losses in certain foreign countries (103,000 ) (50,000 ) Foreign corporate income taxes 28,000 66,000 Other, net (11,000 ) (71,000 ) $ 28,000 $ 35,000

Note 1 - Accounting Policies (D

Note 1 - Accounting Policies (Details Textual)	Oct. 04, 2016
Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio	7

Note 2 - Basic and Diluted Ea18

Note 2 - Basic and Diluted Earnings (Loss) Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	146,715	265,001	146,715	267,184

Note 2 - Basic and Diluted Ea19

Note 2 - Basic and Diluted Earnings (Loss) Per Share - Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Net loss	$ (319,103)	$ 134,478	$ (314,975)	$ (897,346)
Denominator for basic earnings (loss) per share--weighted average shares (in shares)	1,845,000	1,846,000	1,845,000	1,846,000
Dilutive effect of employee stock options and other warrants (in shares)
Denominator for diluted earnings (loss) per share--adjusted weighted average shares (in shares)	1,845,000	1,846,000	1,845,000	1,846,000
Basic earnings (loss) per share (in dollars per share)	$ (0.17)	$ 0.07	$ (0.17)	$ (0.49)
Diluted earnings (loss) per share (in dollars per share)	$ (0.17)	$ 0.07	$ (0.17)	$ (0.49)

Note 3 - Fair Value of Financ20

Note 3 - Fair Value of Financial Instruments - Financial Instruments (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Long-term debt, carrying amount	$ 2,626,661	$ 2,907,437
Long-term debt, fair value	2,626,661	2,907,437
Note receivable, carrying amount	1,548,910	1,630,164
Note receivable, fair value	1,742,000	1,812,000
Marketable securities	327,000	296,000
Fair Value, Inputs, Level 1 [Member]
Long-term debt, fair value	0	0
Note receivable, fair value	0	0
Marketable securities	327,000	296,000
Fair Value, Inputs, Level 2 [Member]
Long-term debt, fair value	2,626,661	2,907,437
Note receivable, fair value	1,742,000	1,812,000
Marketable securities	0	0
Fair Value, Inputs, Level 3 [Member]
Long-term debt, fair value	0	0
Note receivable, fair value	0	0
Marketable securities	$ 0	$ 0

Note 4 - Debt (Details Textual)

Note 4 - Debt (Details Textual) - USD ($)	Sep. 30, 2015	Oct. 31, 2017	Mar. 31, 2018	Sep. 30, 2017	Dec. 31, 2017
Net Tangible Worth				$ 9,500,000
Minimum EBITDA Requirement				600,000
Scenario, Forecast [Member]
Minimum EBITDA Requirement			$ 200,000		$ 800,000
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 3,500,000
Debt Instrument, Term	1 year
Long-term Line of Credit				$ 0
Revolving Credit Facility [Member] | Subsequent Event [Member]
Proceeds from Lines of Credit		$ 500,000
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Term Loan [Member]
Debt Instrument, Face Amount	$ 3,250,000
Debt Instrument, Term	3 years
Debt Instrument, Periodic Payment, Principal	$ 27,080
Debt Instrument, Interest Rate, Effective Percentage				3.48%
Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%

Note 4 - Debt - Summary of Debt

Note 4 - Debt - Summary of Debt (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Long-term debt	$ 2,626,661	$ 2,907,437
Long-term debt	2,626,661	2,907,437
Less current portion	2,626,661	389,096
Total long-term debt		2,518,341
Term Loan [Member]
Long-term debt	2,626,661	2,843,301
Long-term debt	2,626,661	2,843,301
Notes Payable, Other Payables [Member]
Long-term debt		64,136
Long-term debt		$ 64,136

Note 5 - Taxes (Details Textual

Note 5 - Taxes (Details Textual) - USD ($)	9 Months Ended		12 Months Ended		36 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2010	Dec. 31, 2006
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$ 201,000	$ 363,000
VAT and Withholding Taxes					$ 800,000
Interest Penalty Percentage					20.00%
Reserve for Tax Deficiencies of Subsidiaries [Member]
Loss Contingency Accrual	$ 171,000		$ 158,000
Selling, General and Administrative Expenses [Member] | Reserve for Tax Deficiencies of Subsidiaries [Member]
Loss Contingency Accrual, Period Increase (Decrease)				$ 185,000
Operating Loss Carryforwards [Member]
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount			$ 292,000

Note 5 - Taxes - Income Tax Rat

Note 5 - Taxes - Income Tax Rate Reconciliation (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income taxes (benefit) at U.S. statutory rate			$ (98,000)	$ (293,000)
Change in valuation allowance			201,000	363,000
State income taxes, net of federal benefit			11,000	20,000
Higher / (lower) effective taxes on earnings/losses in certain foreign countries			(103,000)	(50,000)
Foreign corporate income taxes			28,000	66,000
Other, net			(11,000)	(71,000)
	$ (21,000)	$ (62,000)	$ 28,000	$ 35,000

Note 6 - Restructuring Activi25

Note 6 - Restructuring Activities - 2016 (Details Textual) - Employee Headcount Cost Reduction Program [Member] - USD ($)	1 Months Ended	3 Months Ended
	May 31, 2016	Jun. 30, 2016
Restructuring and Related Cost, Number of Positions Eliminated, Period Percent	9.00%
Severance Costs		$ 275,000
Restructuring and Related Cost, Aggregate Annual Salaries of Positions Eliminated	$ 1,100,000
Restructuring Reserve		$ 47,000

Note 7 - Recent Accounting St26

Note 7 - Recent Accounting Standards (Details Textual) - Scenario, Forecast [Member] - Accounting Standards Update 2014-09 [Member]	Jan. 01, 2018USD ($)
Minimum [Member]
Cumulative Effect on Retained Earnings, Net of Tax	$ 350,000
Maximum [Member]
Cumulative Effect on Retained Earnings, Net of Tax	$ 400,000