Micron Solutions (MICRD) 10-Q 15 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 14, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	MICRON SOLUTIONS INC /DE/
Entity Central Index Key	819,689
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		2,844,935
Trading Symbol	micr

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 13,965	$ 606,988
Restricted cash		350,000
Trade accounts receivable, net of allowance for doubtful accounts of $40,000 at March 31, 2018 and December 31, 2017, respectively	3,091,572	2,595,248
Inventories	3,325,682	3,413,199
Prepaid expenses and other current assets	326,010	460,954
Total current assets	6,757,229	7,426,389
Property, plant and equipment, net	5,521,049	5,744,039
Assets held for sale, net	688,750	688,750
Intangible assets, net	54,157	55,133
Other assets	6,135	10,289
Total assets	13,027,320	13,924,600
Current liabilities:
Revolving line of credit	1,596,072	1,879,047
Term notes payable, current portion	393,481	367,779
Subordinated promissory notes, current portion		350,000
Accounts payable	1,378,648	1,534,349
Accrued expenses and other current liabilities	374,877	320,065
Contract liabilities, current portion	510,524	426,457
Total current liabilities	4,253,602	4,877,697
Long-term liabilities:
Term notes payable, non-current portion	3,864,623	3,978,415
Total long-term liabilities	3,864,623	3,978,415
Total liabilities	8,118,225	8,856,112
Commitments and Contingencies
Shareholders' equity:
Preferred stock, $0.001 par value; 2,000,000 shares authorized, none issued
Common stock, $0.01 par value; 10,000,000 shares authorized; 3,926,491 issued, 2,844,935 outstanding at March 31, 2018 and 3,926,491 issued, 2,839,274 outstanding at December 31, 2017	39,265	39,265
Additional paid-in-capital	11,551,004	11,532,207
Treasury stock at cost, 1,081,556 shares at March 31, 2018 and 1,087,217 shares at December 31, 2017	(2,951,350)	(2,966,798)
Accumulated deficit	(3,729,824)	(3,536,186)
Total shareholders’ equity	4,909,095	5,068,488
Total liabilities and shareholders’ equity	$ 13,027,320	$ 13,924,600

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Condensed Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts receivable, current	$ 40,000	$ 40,000
Preferred stock, par value per share	$ 0.001	$ 0.001
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, par value per share	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	3,926,491	3,926,491
Common stock, shares outstanding	2,844,935	2,839,274
Treasury stock, shares	1,081,556	1,087,217

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Condensed Consolidated Statements of Operations [Abstract]
Net sales	$ 5,119,048	$ 5,264,977
Cost of sales	4,387,688	4,526,882
Gross profit	731,360	738,095
Selling and marketing	190,540	265,873
General and administrative	604,035	616,829
Research and development	27,921	29,296
Total operating expenses	822,496	911,998
Net loss from operations	(91,136)	(173,903)
Other income (expense):
Interest expense	(97,012)	(63,901)
Other income, net	8,501	24,089
Total other expense, net	(88,511)	(39,812)
Net loss before income tax benefit	(179,647)	(213,715)
Income tax benefit
Net loss	$ (179,647)	$ (213,715)
Earnings (loss) per share - basic and diluted	$ (0.06)	$ (0.08)
Weighted average common shares outstanding - basic and diluted	2,842,105	2,818,819

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net loss	$ (179,647)	$ (213,715)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Gain on sale of property, plant and equipment		(12,315)
Depreciation and amortization	395,763	395,559
Non-cash interest expense	14,670	8,364
Changes in allowance for doubtful accounts		(6,000)
Share-based compensation expense	34,245	26,221
Changes in operating assets and liabilities:
Accounts receivable	(496,324)	(959,163)
Inventories	11,256	(293,198)
Prepaid expenses and other current assets	106,774	37,216
Other non-current assets		20,886
Accounts payable	(155,701)	332,626
Accrued expenses and other current liabilities	54,812	101,485
Contract liabilities, current portion	102,400	(66,872)
Other non-current liabilities		(24,000)
Net cash provided by (used in) operating activities	(111,752)	(652,906)
Cash flows from investing activities:
Purchases of property, plant and equipment	(95,536)	(493,576)
Proceeds from sale of property, plant and equipment		23,200
Cash paid for patents and trademarks		(5,281)
Net cash provided by (used in) investing activities	(95,536)	(475,657)
Cash flows from financing activities:
Proceeds from (payments on) revolving line of credit, net	(282,975)	825,000
Proceeds from equipment line of credit		314,449
Proceeds from term notes payable	(76,190)	(126,125)
Payment of debt issuance costs	(26,570)
Payment on subordinated debt	(350,000)
Net cash provided by (used in) financing activities	(735,735)	1,013,324
Net decrease in cash and cash equivalents and restricted cash	(943,023)	(115,239)
Cash and cash equivalents and restricted cash, beginning of period	956,988	380,381
Cash and cash equivalents and restricted cash, end of period	13,965	265,142
Supplemental Cash Flow Information
Cash paid for interest	82,342	59,086
Non-cash activities:
Issuance of treasury stock for directors fees	19,875	$ 11,250
Adjustment to accumulated deficit for change in accounting principle (Note 2)	$ (13,991)

Basis of Presentation and Accou

Basis of Presentation and Accounting Policies	3 Months Ended
	Mar. 31, 2018
Basis of Presentation and Accounting Policies [Abstract]
Basis of Presentation and Accounting Policies	1. Ba sis of Presentation and Accounting Policies  The consolidated financial statements (the "financial statements") include the accounts of Micron Solutions, Inc. ® (“Micron Solutions”) and its subsidiary, Micron Products, Inc. ® ("Micron" and together with Micron Solutions, the “Company”). All intercompany balances and transactions have been eliminated in consolidation.  The unaudited interim condensed consolidated financial statements and related notes have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Accordingly, certain information and footnote disclosures normally included in complete financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been omitted pursuant to such rules and regulations. These financial statements and related notes should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017 filed with the SEC on March 26, 2018 .  The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. The Company's balance sheet at December 31, 2017 has been derived from the audited financial statements at that date, but does not include all the information and footnotes required by GAAP for complete financial statements.  The information presented reflects, in the opinion of the management of the Company, all adjustments necessary for a fair presentation of the financial results for the interim periods presented. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.  Recent Accounting Pronouncements  In the normal course of business, management evaluates all new accounting pronouncements issued by the Financial Accounting Standard Board (“FASB”), Securities and Exchange Commission (“SEC”), or other authoritative accounting bodies to determine the potential impact they may have on the Company’s financial statements. Based upon this review, except as noted below, management does not expect any of the recently issued accounting pronouncements, which have not already been adopted, to have a material impact on the Company’s financial statements.  In February 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-02, “Leases (Topic 842),” which requires companies to recognize all leases as assets and liabilities on the consolidated balance sheet. The standard retains a distinction between finance leases and operating leases, and the classification criteria for distinguishing between finance leases and operating leases are substantially similar to the classification criteria for distinguishing between capital leases and operating leases in the current accounting literature. The result of retaining a distinction between finance leases and operating leases is that under the lessee accounting model in Topic 842, the effect of leases in a consolidated statement of operations and a consolidated statement of cash flows is largely unchanged from previous GAAP. The amendments in this standard are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Earlier application is permitted.  As of the date of this report, the Company is the lessee of office equipment in a single operating lease and is the lessee of a parking lot as well as storage units. The Company is not a lessor in any arrangements. The Company is evaluating other supplier relationships to determine if such arrangements constitute a lease per this guidance. The Company does not expect any material impact on reporting or on the results of operations.  Operating matters and liquidity  On December 29, 2017, the Company entered into a three-year asset based credit and security agreement (“credit agreement”), with a Massachusetts trust company, replacing the credit facility with the Company’s previous lender. The credit agreement includes a revolving line of credit and term loans as further described in Note 7. The agreement provides for daily cash sweeps against the revolver. In addition to providing funds to discharge all the indebtedness with the Company’s previous lender, the credit agreement provided $450,000 designated to discharge the outstanding subordinated promissory notes. On December 29, 2017, one subordinated note in the principal balance of $100,000 was discharged in full. The remaining five subordinated notes totaling an aggregate principal balance of $350,000 were discharged on January 2, 2018. At March 31, 2018, the Company identified certain conditions and events which in the aggregate required management to perform an assessment of the Company’s ability to continue as a going concern. These conditions included the Company’s recurring losses from operations and the resulting reliance on outside financing to support operations. Management’s analysis includes forecasting future revenues and cash flows, taking into consideration past performance and the requirements under the credit agreement. Revenue and cash flow forecasts are dependent on the Company’s ability to fill booked orders from existing customers, and its ability to close new and expanded business. Based on management’s analysis, the Company expects to generate sufficient cash flows to fulfill its payment obligations over the next twelve months from the date these financial statements were issued.

Change in Accounting Principle

Change in Accounting Principle	3 Months Ended
	Mar. 31, 2018
Change in Accounting Principle [Abstract]
Change in Accounting Principle	2. Change in Accounting Principle  Revenue Recognition  The Company adopted ASU No. 2014-09, “Revenue from Contracts with Customers, Topic 606” (“Topic 606”) effective January 1, 2018 using the modified retrospective approach. Under the modified retrospective method, a cumulative effect of initially applying the new standard is recorded as an adjustment to the opening balance of retained earnings at the date of initial application. By electing to use this method, there is no restatement of the comparative periods presented (i.e., interim periods and fiscal year ending 2017). As permitted by Topic 606 transition guidance (outlined below), the Company has elected to apply the new standard only to contracts that are not completed contracts at the date of initial application, and therefore, the Company only evaluated those contracts that were in-process and not completed before January 1, 2018.  As a result of the initial application of Topic 606, the Company made an adjustment to its beginning accumulated deficit of ( $13,991 ) to recognize the remaining deferred revenue ( $18,333 ) and deferred costs ( $32,324 ) recorded as of December 31, 2017 relative to certain completed tooling sales.  Beginning January 1, 2018, the Company applied Topic 606 using the five step approach outlined in the guidance: (1) Identify contracts with the customer, (2) Identify the performance obligations in the contract, (3) Determine the transaction price, (4) Allocate the transaction price to the performance obligations in the contract, and (5) Recognize revenue when (or as) the entity satisfies the performance obligations.  The Company reviewed its supply and manufacturing agreements with customers as well as the related purchase orders under these agreements. The Company also reviewed its customer relationships and purchase orders with those customers with which the Company has no formal supply agreement.  The Company determined that customer purchase orders represent contracts with a customer. For each contract, the Company considers the promise to transfer products, each of which are distinct, to be the identified performance obligations.  Shipping and handling activities for which the Company is responsible are not a separate promised service but instead are activities to fulfill the entity’s promise to transfer goods. Shipping and handling fees will be recognized at the same time as the related performance obligations are satisfied.  The Company determines the transaction price as the amount of consideration it expects to receive in exchange for transferring promised goods or services to the customer. If a contract includes a variable amount, such as a rebate, then the Company estimates the transaction price using either the expected value or the most likely amount of consideration to be received, depending upon the specific facts and circumstances. The Company includes estimated variable consideration in the transaction price only to the extent it is probable that a significant reversal of revenue will not occur when the uncertainty is resolved. The Company updates its estimate of variable consideration at the end of each reporting period to reflect changes in facts and circumstances.  The Company recognizes revenue at the point in time when it transfers control of the promised goods or services to the customer, which typically occurs once the product has shipped or has been delivered to the customer. For certain customer warehousing agreements, delivery is deemed to have occurred when the customer pulls inventory out of the warehouse for use in their production. Additionally, for certain customers, delivery is deemed to have occurred when items are delivered to bill and hold locations at the Company’s facility.  The Company evaluated the nature of any guarantees or warranties related to its contracts with customers. The Company determined that any such warranty is an assurance-type warranty that only covers the products’ compliance with agreed-upon specifications and does not provide the customer with a service in addition to the assurance that the product complies with agreed-upon specifications.  Certain contracts contain prepayment terms that result in liabilities for customer deposits. Additionally, certain contracts provide for invoicing before all performance obligations have been fulfilled which results in deferred revenue. Customer deposits and advance invoicing are recorded as contract liabilities on the Company’s consolidated balance sheet.  The Company generally expenses sales commission when incurred because the amortization period would have been one year or less. These costs are recorded within selling and marketing expenses.  The Company does not disclose the value of unsatisfied performance obligation for contracts with an original expected length of one year or less.  Based on our assessment, the implementation of Topic 606 will affect the timing of certain revenue related transactions primarily resulting from the earlier recognition of the Company's tooling revenue and costs. Under legacy GAAP, the Company accounted for tooling as multiple element arrangements whereby revenue and cost were recognized over a period of time after the tool was completed. Upon adoption of ASU 2014-09 tooling sales and costs will be recognized at the point in time upon which the tool is complete and the Company has satisfied all its performance obligations under the contract.  The table below compares the affected lines on the consolidated statements of operations to legacy GAAP treatment.      Three Months Ended  March 31,  2018 2018  As presented Legacy GAAP  Net sales $ 5,119,048 $ 4,971,648  Cost of sales 4,387,688 4,286,688  Gross profit 731,360 684,960   Net loss from operations (91,136) (137,536)  Net loss before income tax benefit (179,647) (226,047)  Net loss $ (179,647) $ (226,047)  Earnings (loss) per share - basic and diluted $ (0.06) $ (0.08)  Weighted average common shares outstanding - basic and diluted 2,842,105 2,842,105  The table below compares the affected lines on the consolidated balance sheets to legacy GAAP treatment.      March 31, March 31,  2018 2018  As presented Legacy GAAP  Assets  Current assets:  Prepaid expenses and other current assets $ 326,010 $ 359,677  Total current assets 6,757,229 6,790,896  Other assets 6,135 73,468  Total assets $ 13,027,320 $ 13,128,320  Liabilities and Shareholders’ Equity  Current liabilities:  Contract liabilities, current portion $ 510,524 $ 559,657  Total current liabilities 4,253,602 4,302,735  Long-term liabilities:  Contract liabilities, non-current portion — 98,267  Total long-term liabilities 3,864,623 3,962,890  Total liabilities 8,118,225 8,265,625  Shareholders’ equity :  Accumulated deficit (3,729,824) (3,776,224)  Total shareholders’ equity 4,909,095 4,862,695  Total liabilities and shareholders’ equity $ 13,027,320 $ 13,128,320

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings per Share ("EPS")  Basic earnings (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding. The computation of diluted earnings (loss) per share is similar to the computation of basic earnings (loss) per share except that the denominator is increased to include the average number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued. In addition, the numerator is adjusted for any changes in net income (loss) that would result from the assumed conversions of those potential shares.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2018
Inventories [Abstract]
Inventories	4. Inventories  Inventories consist of the following:      March 31, December 31,  2018 2017  Raw materials $ 1,048,842 $ 1,100,187  Work-in-process 844,056 822,244  Finished goods 1,432,784 1,490,768  Total $ 3,325,682 $ 3,413,199  Silver included in raw materials, work-in-process and finished goods inventory had an estimated cost of $503,646 and $536,963 as of March 31, 2018 and December 31, 2017 , respectively.

Property, Plant and Equipment,

Property, Plant and Equipment, net	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment, net [Abstract]
Property, Plant and Equipment, net	5. Property, Plant and Equipment, net  Property, plant and equipment, net consist of the following:      Asset Lives March 31, December 31,  (in years) 2018 2017  Machinery and equipment 3 to 15 $ 17,511,232 $ 17,498,586  Building and improvements 5 to 25 3,986,715 3,986,715  Vehicles 3 to 5 104,714 90,713  Furniture, fixtures, computers and software 3 to 5 1,576,033 1,542,027  Construction in progress 128,556 17,412  Total property, plant and equipment 23,307,250 23,135,453  Less: accumulated depreciation (17,786,201) (17,391,414)  Property, plant and equipment, net $ 5,521,049 $ 5,744,039  For the three months ended March 31, 2018 and 2017 , the Company recorded depreciation expense of $394,787 and $395,120 , respectively.  In January 2016, the Company entered into a Purchase and Sale Agreement (“Agreement”) to sell two unoccupied buildings, with a total of approximately 52,000 square feet, and land, at its Fitchburg, Massachusetts campus. As a result, the Company has since classified the real estate as Assets Held for Sale.  In December 2016, the Parties entered into a First Amendment to the Purchase and Sale Agreement (the “First Amendment”). The First Amendment extended the time to close to January 13, 2018. As consideration for extending the Agreement, the Buyer agreed to (i) release the $25,000 being held as a deposit to the Company; (ii) increase the purchase price by $25,000 ; (iii) pay the Company $4,000 per month as an extension fee beginning in January 2017 through January 2018, or the culmination of the Agreement, and (iv) pay the Company $7,500 per month for a 150 day additional extension, to June 2018, only for the purpose of the Buyer securing historical tax credits until the termination or culmination of the Agreement.  In January 2017, the Parties entered into a Second Amendment to the Purchase and Sale Agreement (the “Second Amendment”). The Second Amendment (i) permits the Buyer to assign the Agreement to a third party; (ii) extends the term of the $4,000 per month extension fee from January 2018 to March 2018 and (iii) and amends the term of the additional extension fee of $7,500 per month for the period April 2018 through July 2018. The extension fees are recorded as other income on the Company’s consolidated statements of operations.  In July 2017, the Parties entered into a Third Amendment to the Agreement (the “Third Amendment”) to further extend the time to close to June 2019. The Third Amendment permitted the Buyer to contract with outside parties to conduct certain due diligence activities on the property up until August 13, 2017. Additionally, the Third Amendment further extended the extension fees through June 2019, or the culmination of the Agreement, and allows for the Buyer to defer the last six months of extension fees to be settled at closing.  In September 2017, the Parties entered into a Fourth Amendment to the Agreement (the “Fourth Amendment”) to extend the time allowed to the Buyer to complete due diligence activities on the property from August 13, 2017 until October 13, 2017.  In January 2018, the Company was notified that the National Park Service of the Department of the Interior designated the area in which the buildings are located as a Historic District, which will enable the Buyer to proceed with securing historical tax credits as agreed between the Parties in the Second Amendment. The closing is subject to permitting and approvals from the City of Fitchburg and the Commonwealth of Massachusetts and is expected to take place by the end of the first quarter of 2019.  At March 31, 2018 and December 31, 2017, the carrying value of the assets held for sale remains at $688,750, which approximates the fair value less the expected costs to sell.

Intangible Assets, net

Intangible Assets, net	3 Months Ended
	Mar. 31, 2018
Intangible Assets, net [Abstract]
Intangibles Assets, net	6. Intangible Assets, net  The Company assesses the impairment of long-lived assets and intangible assets with finite lives annually or whenever events or changes in circumstances indicate that the carrying value may not be fully recoverable. For the three months ended March 31, 2018 and 2017, the Company did not impair any intangible assets.  Intangible assets consist of the following:      Estimated March 31, 2018 December 31, 2017  Useful Life Accumulated Accumulated  (in years) Gross Amortization Net Gross Amortization Net  Patents and trademarks 10 $ 22,911 $ 10,270 $ 12,641 $ 22,911 $ 9,888 $ 13,023  Patents and trademarks pending — 13,786 — 13,786 13,786 — 13,786  Trade names 15 29,062 1,332 27,730 29,062 738 28,324  Total intangible assets $ 65,759 $ 11,602 $ 54,157 $ 65,759 $ 10,626 $ 55,133  For the three months ended March 31, 2018 and 2017 , the Company recorded amortization expense of $602 and $439 , respectively.

Debt

Debt	3 Months Ended
	Mar. 31, 2018
Debt [Abstract]
Debt	7. Debt  The following table sets forth the items which comprise debt for the Company:     March 31, December 31,  2018 2017  Revolving line of credit $ 1,596,072 $ 1,879,047  Subordinated promissory notes $ — $ 350,000   Total term notes payable, net of issuance costs $ 4,258,104 $ 4,346,194  Less current portion, net 393,481 367,779  Term notes payable, non-current, net 3,864,623 3,978,415   Total short and long term debt, net $ 5,854,176 $ 6,575,241  Bank Debt  On December 29, 2017, the Company entered into a three -year $9,500,000 asset based credit and security agreement (“credit agreement”), with a Massachusetts trust company, replacing the credit facility with the Company’s previous lender. The credit agreement also provided funds with which to discharge the subordinated promissory notes.  The credit agreement includes a revolving line of credit of up to $5.0 million (“Revolver”), a machinery and equipment term loan of $2.5 million (“Equipment Loan”) and a real estate term loan of $2.0 million (“Real Estate Loan” and together with the “Equipment Loan” the “Term Loans”). The Revolver is subject to certain borrowing base limitations. Amounts available to borrow under the revolver are $1,222,135 at March 31, 2018.  Term Loans  The Equipment Loan requires monthly principal payments of approximately $29,762 , payable on the first day of each month commencing February 1, 2018. The Equipment Loan is based upon an 84 month amortization with a balloon payment of approximately $1,458,333 due and payable in full upon maturity on December 29, 2020 .  The Real Estate Loan requires monthly principal payments of approximately $8,333 , payable on the first day of each month commencing February 1, 2018. The Real Estate Loan is based upon a 240 month amortization with a balloon payment of approximately $1,708,333 due and payable in full upon maturity on December 29, 2020 .  Interest on the Term Loans shall be at such Wall Street Journal prime rate plus 0.75% ( 5.164% at March 31, 2018). In lieu of having interest charged at the Prime Rate, the Company shall have a LIBOR Option, as described above, to have interest charged at a rate of interest equal to the daily one-month LIBOR plus 3.5% for the following month.  All interest will be calculated based upon a year of 360 days for actual days elapsed. Interest is payable monthly in arrears. Upon the occurrence and during the continuation of an Event of Default, all interest will be increased by 2% above the per annum rate otherwise applicable thereto. The Term Loans carry a prepayment penalty with respect to the prepayment of any portion of either Term Loan equal to 3% , 2% , and 1% of the amount prepaid in the first, second, and third years, respectively, of the asset based credit and security agreement .  This credit agreement contains covenants related to various matters including certain financial covenants, prohibitions on further borrowings and security interests, merger or consolidation, acquisitions, guarantees, sales of assets other than in the normal course of business, leasing, and payment of dividends. The lender has a security interest in all assets and a mortgage encumbering certain real property.  Oher Debt  Subordinated promissory notes  In December 2013, the Company completed a private offering in which the Company sold an aggregate of $500,000 in subordinated promissory notes and issued warrants to purchase 100,000 shares of common stock. Three related parties participated in the private offering as follows: REF Securities, LLP, and with Mr. Rodd E. Friedman, a director of the Company, a beneficial owner of approximately 12% of the Company’s common stock, invested $100,000 in the offering; the Chambers Medical Foundation (the “Foundation”), beneficial owner of approximately 11% of the Company’s common stock, invested $100,000 in the offering; and Mr. E.P. Marinos, then a director of the Company, invested $50,000 in the offering. The Company’s Chairman of the Board is a co-trustee of the Foundation but has held no dispositive powers since his appointment as such.  On December 29, 2017, as part of entering into the credit agreement, the Company obtained funds to discharge the remaining $450,000 of subordinated debt. On December 29, 2017, the Company paid one of the subordinated notes in the principal amount of $100,000 . The remaining five notes, totaling an aggregate principal amount $350,000 , were discharged on January 2, 2018, including the subordinated notes held by the three related parties mentioned above. The Company carried $350,000 as restricted cash at December 31, 2017 for this purpose.  In connection with the private offering of subordinated promissory notes, the Company issued 100,000 warrants to purchase the Company's common stock, including 20,000 warrants to REF Securities, LLP, 20,000 warrants to the Foundation and 10,000 warrants to Mr. Marinos. The warrants were initially exercisable through December 2016 at an exercise price of $3.51 per share. In October 2016, in connection with the extension of the maturity dates of the subordinated promissory notes, the expiration date of the remaining unexercised 70,000 warrants was extended to December 31, 2018. The discharge of the subordinated promissory notes as described above did not affect the maturity date of the warrants. The exercise price remained unchanged at $3.51 per share. The 70,000 warrants remain unexercised at March 31, 2018.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2018
Income Taxes [Abstract]
Income Taxes	8. Income Taxes  No provision for income taxes has been recorded in the three months ended March 31, 2018 or 2017, respectively. But for a benefit of an immaterial amount of federal alternative minimum tax credit, the Company continues to maintain a full valuation allowance against its deferred tax assets as of March 31, 2018 and December 31, 2017.  At March 31, 2018 , the Company has federal and state net operating loss carryforwards totaling $10,275,000 and $12,317,000 , respectively, which begin to expire in 2031. The Company also has federal and state tax credit carryovers of $306,000 and $268,000 respectively. The federal and state tax credits begin to expire in 2027 and 2018, respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies  Legal matters  In the ordinary course of its business, the Company is involved in various legal proceedings involving a variety of matters. The Company does not believe there are any pending legal proceedings that will have a material impact on the Company’s financial position or results of operations.  Off-balance sheet arrangements  Lease expense under all operating leases was approximately $6,000 and $7,000 for the three months ended March 31, 2018 and 2017, respectively.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2018
Shareholders' Equity [Abstract]
Shareholders' Equity	10. Shareholders’ Equity  Stock options and share-based incentive plan  The following table sets forth the stock option transactions for the three months ended March 31, 2018 :      Weighted  Weighted average  Average remaining Aggregate  Number of Exercise contractual Intrinsic  options Price term (in years) Value  Outstanding at December 31, 2017 205,500 $ 6.04 6.07 $ 28,750  Granted 90,000 3.81  Outstanding at March 31, 2018 295,500 $ 5.36 7.09 $ 17,140  Exercisable at March 31, 2018 149,826 $ 6.46 5.12 $ 12,960  Exercisable at December 31, 2017 114,583 $ 6.42 5.30 $ 20,551  For the three months ended March 31, 2018 and 2017, share based compensation expense related to stock options amounted to $14,370 and $14,971 , respectively. Share based compensation is included in general and administrative expenses.  For the three months ended March 31, 2018, 90,000 options were granted with a fair value of $0.50 per share. No options were granted in the three months ended March 31, 2017. For the three months ended March 31, 2018 and 2017, no options were exercised or forfeited .  For the three months ended March 31, 2018 and 2017 the unrecognized stock based compensation expense was $111,047 and $119,382 , respectively, which is expected to be recognized over the next three years.  Warrants  For the three months ended March 31, 2018 and 2017 , there were no warrants exercised. As of March 31, 2018 , 70,000 warrants remain unexercised, including 20,000 held by the Company’s largest beneficial owner, REF Securities, LLP and with Mr. Rodd E. Friedman, a director of the Company, and 10,000 held by Mr. E. P. Marinos, a former director of the Company. The warrants expire in December 2018.  Common Stock  For the three months ended March 31, 2018, the Company issued 5,661 shares of the Company’s common stock, with a fair value of $19,875 for director fees in lieu of cash payments. For the three months ended March 31, 2017, the Company issued 4,360 shares of the Company’s common stock, with a fair value of $18,750 for director fees in lieu of cash payments.

Basis of Presentation and Acc16

Basis of Presentation and Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Basis of Presentation and Accounting Policies [Abstract]
Basis of Presentation	The consolidated financial statements (the "financial statements") include the accounts of Micron Solutions, Inc. ® (“Micron Solutions”) and its subsidiary, Micron Products, Inc. ® ("Micron" and together with Micron Solutions, the “Company”). All intercompany balances and transactions have been eliminated in consolidation.  The unaudited interim condensed consolidated financial statements and related notes have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Accordingly, certain information and footnote disclosures normally included in complete financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been omitted pursuant to such rules and regulations. These financial statements and related notes should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017 filed with the SEC on March 26, 2018 .  The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. The Company's balance sheet at December 31, 2017 has been derived from the audited financial statements at that date, but does not include all the information and footnotes required by GAAP for complete financial statements.  The information presented reflects, in the opinion of the management of the Company, all adjustments necessary for a fair presentation of the financial results for the interim periods presented. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Recently Accounting Pronouncements	Recent Accounting Pronouncements  In the normal course of business, management evaluates all new accounting pronouncements issued by the Financial Accounting Standard Board (“FASB”), Securities and Exchange Commission (“SEC”), or other authoritative accounting bodies to determine the potential impact they may have on the Company’s financial statements. Based upon this review, except as noted below, management does not expect any of the recently issued accounting pronouncements, which have not already been adopted, to have a material impact on the Company’s financial statements.  In February 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-02, “Leases (Topic 842),” which requires companies to recognize all leases as assets and liabilities on the consolidated balance sheet. The standard retains a distinction between finance leases and operating leases, and the classification criteria for distinguishing between finance leases and operating leases are substantially similar to the classification criteria for distinguishing between capital leases and operating leases in the current accounting literature. The result of retaining a distinction between finance leases and operating leases is that under the lessee accounting model in Topic 842, the effect of leases in a consolidated statement of operations and a consolidated statement of cash flows is largely unchanged from previous GAAP. The amendments in this standard are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Earlier application is permitted.  As of the date of this report, the Company is the lessee of office equipment in a single operating lease and is the lessee of a parking lot as well as storage units. The Company is not a lessor in any arrangements. The Company is evaluating other supplier relationships to determine if such arrangements constitute a lease per this guidance. The Company does not expect any material impact on reporting or on the results of operations. 
Operating Matters And Liquidity	Operating matters and liquidity  On December 29, 2017, the Company entered into a three-year asset based credit and security agreement (“credit agreement”), with a Massachusetts trust company, replacing the credit facility with the Company’s previous lender. The credit agreement includes a revolving line of credit and term loans as further described in Note 7. The agreement provides for daily cash sweeps against the revolver. In addition to providing funds to discharge all the indebtedness with the Company’s previous lender, the credit agreement provided $450,000 designated to discharge the outstanding subordinated promissory notes. On December 29, 2017, one subordinated note in the principal balance of $100,000 was discharged in full. The remaining five subordinated notes totaling an aggregate principal balance of $350,000 were discharged on January 2, 2018. At March 31, 2018, the Company identified certain conditions and events which in the aggregate required management to perform an assessment of the Company’s ability to continue as a going concern. These conditions included the Company’s recurring losses from operations and the resulting reliance on outside financing to support operations. Management’s analysis includes forecasting future revenues and cash flows, taking into consideration past performance and the requirements under the credit agreement. Revenue and cash flow forecasts are dependent on the Company’s ability to fill booked orders from existing customers, and its ability to close new and expanded business. Based on management’s analysis, the Company expects to generate sufficient cash flows to fulfill its payment obligations over the next twelve months from the date these financial statements were issued.

Change in Accounting Policies (

Change in Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Change in Accounting Principle [Abstract]
Recently Issued Accounting Pronouncements	Recent Accounting Pronouncements  In the normal course of business, management evaluates all new accounting pronouncements issued by the Financial Accounting Standard Board (“FASB”), Securities and Exchange Commission (“SEC”), or other authoritative accounting bodies to determine the potential impact they may have on the Company’s financial statements. Based upon this review, except as noted below, management does not expect any of the recently issued accounting pronouncements, which have not already been adopted, to have a material impact on the Company’s financial statements.  In February 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-02, “Leases (Topic 842),” which requires companies to recognize all leases as assets and liabilities on the consolidated balance sheet. The standard retains a distinction between finance leases and operating leases, and the classification criteria for distinguishing between finance leases and operating leases are substantially similar to the classification criteria for distinguishing between capital leases and operating leases in the current accounting literature. The result of retaining a distinction between finance leases and operating leases is that under the lessee accounting model in Topic 842, the effect of leases in a consolidated statement of operations and a consolidated statement of cash flows is largely unchanged from previous GAAP. The amendments in this standard are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Earlier application is permitted.  As of the date of this report, the Company is the lessee of office equipment in a single operating lease and is the lessee of a parking lot as well as storage units. The Company is not a lessor in any arrangements. The Company is evaluating other supplier relationships to determine if such arrangements constitute a lease per this guidance. The Company does not expect any material impact on reporting or on the results of operations. 

Change in Accounting Principle

Change in Accounting Principle (Tables)	3 Months Ended
	Mar. 31, 2018
Change in Accounting Principle [Abstract]
Affected Lines From Legacy GAAP Treatment	The table below compares the affected lines on the consolidated statements of operations to legacy GAAP treatment.      Three Months Ended  March 31,  2018 2018  As presented Legacy GAAP  Net sales $ 5,119,048 $ 4,971,648  Cost of sales 4,387,688 4,286,688  Gross profit 731,360 684,960   Net loss from operations (91,136) (137,536)  Net loss before income tax benefit (179,647) (226,047)  Net loss $ (179,647) $ (226,047)  Earnings (loss) per share - basic and diluted $ (0.06) $ (0.08)  Weighted average common shares outstanding - basic and diluted 2,842,105 2,842,105  The table below compares the affected lines on the consolidated balance sheets to legacy GAAP treatment.      March 31, March 31,  2018 2018  As presented Legacy GAAP  Assets  Current assets:  Prepaid expenses and other current assets $ 326,010 $ 359,677  Total current assets 6,757,229 6,790,896  Other assets 6,135 73,468  Total assets $ 13,027,320 $ 13,128,320  Liabilities and Shareholders’ Equity  Current liabilities:  Contract liabilities, current portion $ 510,524 $ 559,657  Total current liabilities 4,253,602 4,302,735  Long-term liabilities:  Contract liabilities, non-current portion — 98,267  Total long-term liabilities 3,864,623 3,962,890  Total liabilities 8,118,225 8,265,625  Shareholders’ equity :  Accumulated deficit (3,729,824) (3,776,224)  Total shareholders’ equity 4,909,095 4,862,695  Total liabilities and shareholders’ equity $ 13,027,320 $ 13,128,320 

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2018
Inventories [Abstract]
Inventories	   March 31, December 31,  2018 2017  Raw materials $ 1,048,842 $ 1,100,187  Work-in-process 844,056 822,244  Finished goods 1,432,784 1,490,768  Total $ 3,325,682 $ 3,413,199 

Property, Plant and Equipment20

Property, Plant and Equipment, net (Tables)	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment, net [Abstract]
Property, Plant and Equipment, net	   Asset Lives March 31, December 31,  (in years) 2018 2017  Machinery and equipment 3 to 15 $ 17,511,232 $ 17,498,586  Building and improvements 5 to 25 3,986,715 3,986,715  Vehicles 3 to 5 104,714 90,713  Furniture, fixtures, computers and software 3 to 5 1,576,033 1,542,027  Construction in progress 128,556 17,412  Total property, plant and equipment 23,307,250 23,135,453  Less: accumulated depreciation (17,786,201) (17,391,414)  Property, plant and equipment, net $ 5,521,049 $ 5,744,039 

Intangible Assets, net (Tables)

Intangible Assets, net (Tables)	3 Months Ended
	Mar. 31, 2018
Intangible Assets, net [Abstract]
Schedule Of Intangible Assets	   Estimated March 31, 2018 December 31, 2017  Useful Life Accumulated Accumulated  (in years) Gross Amortization Net Gross Amortization Net  Patents and trademarks 10 $ 22,911 $ 10,270 $ 12,641 $ 22,911 $ 9,888 $ 13,023  Patents and trademarks pending — 13,786 — 13,786 13,786 — 13,786  Trade names 15 29,062 1,332 27,730 29,062 738 28,324  Total intangible assets $ 65,759 $ 11,602 $ 54,157 $ 65,759 $ 10,626 $ 55,133 

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2018
Debt [Abstract]
Summary of Debt	   March 31, December 31,  2018 2017  Revolving line of credit $ 1,596,072 $ 1,879,047  Subordinated promissory notes $ — $ 350,000   Total term notes payable, net of issuance costs $ 4,258,104 $ 4,346,194  Less current portion, net 393,481 367,779  Term notes payable, non-current, net 3,864,623 3,978,415   Total short and long term debt, net $ 5,854,176 $ 6,575,241 

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2018
Shareholders' Equity [Abstract]
Stock Option Transactions	   Weighted  Weighted average  Average remaining Aggregate  Number of Exercise contractual Intrinsic  options Price term (in years) Value  Outstanding at December 31, 2017 205,500 $ 6.04 6.07 $ 28,750  Granted 90,000 3.81  Outstanding at March 31, 2018 295,500 $ 5.36 7.09 $ 17,140  Exercisable at March 31, 2018 149,826 $ 6.46 5.12 $ 12,960  Exercisable at December 31, 2017 114,583 $ 6.42 5.30 $ 20,551 

Basis of Presentation and Acc24

Basis of Presentation and Accounting Policies (Details)	Jan. 02, 2018USD ($)item	Dec. 29, 2017USD ($)item	Mar. 31, 2018USD ($)
Basis of Presentation and Accounting Policies [Abstract]
Maximum borrowing capacity		$ 450,000
Number of notes paid in full | item	5	1
Payment on subordinated debt	$ 350,000	$ 100,000	$ 350,000

Change in Accounting Policies25

Change in Accounting Policies (Narrative) (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accumulated deficit	$ (3,729,824)	$ (3,536,186)
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Restatement Adjustment [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accumulated deficit		(13,991)
Deferred revenue, current		(18,333)
Deferred costs		$ (32,324)

Change in Accounting Principl26

Change in Accounting Principle (Affected Lines From Legacy GAAP Treatment on Statement of Operations) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net sales	$ 5,119,048	$ 5,264,977
Cost of sales	4,387,688	4,526,882
Gross profit	731,360	738,095
Net loss from operations	(91,136)	(173,903)
Net loss before income tax benefit	(179,647)	(213,715)
Net loss	$ (179,647)	$ (213,715)
Earnings (loss) per share - basic and diluted	$ (0.06)	$ (0.08)
Weighted average common shares outstanding - basic and diluted	2,842,105	2,818,819
Legacy GAAP [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net sales	$ 4,971,648
Cost of sales	4,286,688
Gross profit	684,960
Net loss from operations	(137,536)
Net loss before income tax benefit	(226,047)
Net loss	$ (226,047)
Earnings (loss) per share - basic and diluted	$ (0.08)
Weighted average common shares outstanding - basic and diluted	2,842,105

Change in Accounting Principl27

Change in Accounting Principle (Affected Lines From Legacy GAAP Treatment on Balance Sheets) (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Prepaid expenses and other current assets	$ 326,010	$ 460,954
Total current assets	6,757,229	7,426,389
Other assets	6,135	10,289
Total assets	13,027,320	13,924,600
Contract liabilities, current portion	510,524	426,457
Total current liabilities	4,253,602	4,877,697
Total long-term liabilities	3,864,623	3,978,415
Total liabilities	8,118,225	8,856,112
Accumulated deficit	(3,729,824)	(3,536,186)
Total shareholders’ equity	4,909,095	5,068,488
Total liabilities and shareholders’ equity	13,027,320	$ 13,924,600
Legacy GAAP [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Prepaid expenses and other current assets	359,677
Total current assets	6,790,896
Other assets	73,468
Total assets	13,128,320
Contract liabilities, current portion	559,657
Total current liabilities	4,302,735
Contract liabilities, non-current potion	98,267
Total long-term liabilities	3,962,890
Total liabilities	8,265,625
Accumulated deficit	(3,776,224)
Total shareholders’ equity	4,862,695
Total liabilities and shareholders’ equity	$ 13,128,320

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Inventories [Abstract]
Silver inventory	$ 503,646	$ 536,963

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventories) (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Inventories [Abstract]
Raw materials	$ 1,048,842	$ 1,100,187
Work-in-process	844,056	822,244
Finished goods	1,432,784	1,490,768
Total	$ 3,325,682	$ 3,413,199

Property, Plant and Equipment30

Property, Plant and Equipment, net (Narrative) (Details)	1 Months Ended			3 Months Ended
	Jan. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Jan. 31, 2016ft²item	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Property, Plant and Equipment, net [Abstract]
Depreciation expense				$ 394,787	$ 395,120
Number of unoccupied buildings with letter of intent to sale | item			2
Area of building | ft²			52,000
Assets held for sale, net				$ 688,750		$ 688,750
Escrow Deposit		$ 25,000
Increase in purchase price		25,000
Extension fee monthly payment amount	$ 4,000	4,000
Extension fee monthly payment amount, additional extension	$ 7,500	$ 7,500
Additional extension period for purchase (in days)		150 days

Property, Plant and Equipment31

Property, Plant and Equipment, net (Property, Plant and Equipment, net) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment
Total property, plant and equipment	$ 23,307,250	$ 23,135,453
Less: accumulated depreciation	(17,786,201)	(17,391,414)
Property, plant and equipment, net	5,521,049	5,744,039
Machinery and Equipment [Member]
Property, Plant and Equipment
Total property, plant and equipment	17,511,232	17,498,586
Building and Improvements [Member]
Property, Plant and Equipment
Total property, plant and equipment	3,986,715	3,986,715
Vehicles [Member]
Property, Plant and Equipment
Total property, plant and equipment	104,714	90,713
Furniture, Fixtures, Computers and Software [Member]
Property, Plant and Equipment
Total property, plant and equipment	1,576,033	1,542,027
Construction in Progress [Member]
Property, Plant and Equipment
Total property, plant and equipment	$ 128,556	$ 17,412
Maximum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment
Asset Lives (in years)	15 years
Maximum [Member] | Building and Improvements [Member]
Property, Plant and Equipment
Asset Lives (in years)	25 years
Maximum [Member] | Vehicles [Member]
Property, Plant and Equipment
Asset Lives (in years)	5 years
Maximum [Member] | Furniture, Fixtures, Computers and Software [Member]
Property, Plant and Equipment
Asset Lives (in years)	5 years
Minimum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment
Asset Lives (in years)	3 years
Minimum [Member] | Building and Improvements [Member]
Property, Plant and Equipment
Asset Lives (in years)	5 years
Minimum [Member] | Vehicles [Member]
Property, Plant and Equipment
Asset Lives (in years)	3 years
Minimum [Member] | Furniture, Fixtures, Computers and Software [Member]
Property, Plant and Equipment
Asset Lives (in years)	3 years

Intangible Assets, net (Narrati

Intangible Assets, net (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Intangible Assets, net [Abstract]
Impairment of intangibles	$ 0	$ 0
Amortization expense	$ 602	$ 439

Intangible Assets, net (Intangi

Intangible Assets, net (Intangible Assets) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Intangible Assets [Line Items]
Gross	$ 65,759	$ 65,759
Accumulated Amortization	11,602	10,626
Net	$ 54,157	55,133
Patents and Trademarks [Member]
Intangible Assets [Line Items]
Estimated Useful Life (in years)	10 years
Gross	$ 22,911	22,911
Accumulated Amortization	10,270	9,888
Net	12,641	13,023
Patents and Trademarks Pending [Member]
Intangible Assets [Line Items]
Gross	13,786	13,786
Net	$ 13,786	13,786
Trade Names [Member]
Intangible Assets [Line Items]
Estimated Useful Life (in years)	15 years
Gross	$ 29,062	29,062
Accumulated Amortization	1,332	738
Net	$ 27,730	$ 28,324

Debt (Bank Debt Narrative) (Det

Debt (Bank Debt Narrative) (Details)	Dec. 29, 2017USD ($)item	Mar. 31, 2018USD ($)
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 450,000
Debt instrument, face amount	450,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	5,000,000
Credit Agreement [Member]
Debt Instrument [Line Items]
Amount available under line of credit facility		$ 1,222,135
Maximum borrowing capacity	$ 9,500,000
Debt maturity period	3 years
Agreement - Equipment Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 2,500,000
Monthly principal payments	$ 29,762
Debt instrument, maturity date		Dec. 29, 2020
Number of months, amortization schedule | item	84
Debt instrument, balloon payment	$ 1,458,333
Agreement - Real Estate Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	2,000,000
Monthly principal payments	$ 8,333
Debt instrument, maturity date		Dec. 29, 2020
Number of months, amortization schedule | item	240
Debt instrument, balloon payment	$ 1,708,333
Agreement - Term Loans [Member]
Debt Instrument [Line Items]
Interest rate		5.164%
Debt instrument, days of year, interest calculated | item	360
Percent of increase in event of default	2.00%
Percent of prepayment penalty, year one	3.00%
Percent of prepayment penalty, year two	2.00%
Percent of prepayment penalty, year three	1.00%
Agreement - Term Loans [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Spread on variable rate	0.75%
Agreement - Term Loans [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Spread on variable rate	3.50%

Debt (Other Debt Narrative) (De

Debt (Other Debt Narrative) (Details)	Jan. 02, 2018USD ($)item	Dec. 29, 2017USD ($)item	Dec. 31, 2013USD ($)itemshares	Mar. 31, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)	Dec. 31, 2016$ / shares
Debt Instruments [Line Items]
Debt instrument, face amount | $		$ 450,000
Payment on subordinated debt | $	$ 350,000	$ 100,000		$ 350,000
Number of warrants issued			100,000
Warrants unexercised				70,000
Number of notes paid in full | item	5	1
Restricted cash | $					$ 350,000
Subordinated promissory notes, exercise price of warrants | $ / shares				$ 3.51		$ 3.51
REF Securities, LLP & Mr. Rodd E. Friedman [Member]
Debt Instruments [Line Items]
Number of warrants issued			20,000
Warrants unexercised				20,000
Percent of beneficial owner of company's common stock			12.00%
Invested amount in private offering | $			$ 100,000
Chambers Medical Foundation [Member]
Debt Instruments [Line Items]
Number of warrants issued			20,000
Percent of beneficial owner of company's common stock			11.00%
Invested amount in private offering | $			$ 100,000
E.P. Marinos [Member]
Debt Instruments [Line Items]
Number of warrants issued			10,000
Warrants unexercised				10,000
Invested amount in private offering | $			$ 50,000
Three Related Parties [Member]
Debt Instruments [Line Items]
Debt instrument, face amount | $			$ 500,000
Number of investors in the private offering | item			3
Number of warrants issued			100,000

Debt (Summary of Debt) (Details

Debt (Summary of Debt) (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Debt [Abstract]
Revolving line of credit	$ 1,596,072	$ 1,879,047
Subordinated promissory notes		350,000
Total term notes payable, net of issuance costs	4,258,104	4,346,194
Less current portion, net	393,481	367,779
Term notes payable, non-current, net	3,864,623	3,978,415
Total short and long term debt, net	$ 5,854,176	$ 6,575,241

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	Mar. 31, 2018USD ($)
Federal Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Tax credit carryforwards	$ 306,000
State Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Tax credit carryforwards	268,000
Federal Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	10,275,000
State Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 12,317,000

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Commitments and Contingencies [Abstract]
Operating lease expense	$ 6,000	$ 7,000

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, granted in period	90,000	0
Weighted average grant date fair value, options granted	$ 0.50
Number of options, expired in period	0	0
Number of options, forfeited in period	0	0
Unrecognized stock based compensation expense	$ 111,047	$ 119,382
Unrecognized stock based compensation expense, recognition period	3 years
Warrants exercised	0	0
Warrants unexercised	70,000
Common stock granted, shares	5,661	4,360
Common stock granted, values	$ 19,875	$ 18,750
REF Securities, LLP & Mr. Rodd E. Friedman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants unexercised	20,000
E.P. Marinos [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants unexercised	10,000
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 14,370	$ 14,971

Shareholders' Equity (Stock Opt

Shareholders' Equity (Stock Option Transactions) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Shareholders' Equity [Abstract]
Number of options, outstanding, beginning balance	205,500
Number of options, outstanding, ending balance	295,500	205,500
Number of options, exercisable	149,826	114,583
Weighted average exercise price, outstanding, beginning of period	$ 6.04
Weighted average exercise price, options granted in period	3.81
Weighted average exercise price, outstanding, ending of period	5.36	$ 6.04
Weighted average exercise price, options exercisable	$ 6.46	$ 6.42
Weighted average remaining contractual term (in years), options outstanding	7 years 1 month 2 days	6 years 26 days
Weighted average remaining contractual term (in years), options exercisable	5 years 1 month 13 days	5 years 3 months 18 days
Aggregate intrinsic value, options outstanding	$ 17,140	$ 28,750
Aggregate intrinsic value, options exercisable	$ 12,960	$ 20,551