Lendway (LDWY) 10-K 5 Mar 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Feb. 26, 2014	Jun. 28, 2013
Document and Entity Information	'	'	'
Entity Registrant Name	'INSIGNIA SYSTEMS INC/MN	'	'
Entity Central Index Key	'0000875355	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-13	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$28,004,000
Entity Common Stock, Shares Outstanding	'	12,850,131	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current Assets:	'	'
Cash and cash equivalents	$21,763,000	$20,271,000
Accounts receivable, net	4,287,000	3,784,000
Inventories	307,000	310,000
Deferred tax assets	171,000	478,000
Income tax receivable	11,000	800,000
Prepaid expenses and other	324,000	516,000
Total Current Assets	26,863,000	26,159,000
Other Assets:	'	'
Property and equipment, net	1,753,000	2,149,000
Other, net	2,956,000	3,398,000
Total Assets	31,572,000	31,706,000
Current Liabilities:	'	'
Accounts payable	2,636,000	2,122,000
Accrued liabilities:	'	'
Compensation	1,236,000	1,303,000
Other	505,000	541,000
Income tax payable	22,000	'
Deferred revenue	261,000	402,000
Total Current Liabilities	4,660,000	4,368,000
Long-Term Liabilities:	'	'
Deferred tax liabilities	284,000	413,000
Accrued income taxes	458,000	430,000
Total Long-Term Liabilities	742,000	843,000
Commitments and Contingencies	'	'
Shareholders' Equity:	'	'
Common stock, par value $.01: Authorized shares - 40,000,000 Issued and outstanding shares - 12,782,000 in 2013 and 13,602,000 in 2012	128,000	136,000
Additional paid-in capital	20,982,000	22,678,000
Retained earnings	5,060,000	3,681,000
Total Shareholders' Equity	26,170,000	26,495,000
Total Liabilities and Shareholders' Equity	$31,572,000	$31,706,000

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
BALANCE SHEETS	'	'
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	12,782,000	13,602,000
Common stock, shares outstanding	12,782,000	13,602,000

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
STATEMENTS OF OPERATIONS	'	'
Services revenues	$26,128,000	$18,433,000
Products revenues	1,627,000	1,741,000
Total Net Sales	27,755,000	20,174,000
Cost of services	13,826,000	11,669,000
Cost of goods sold	1,183,000	1,203,000
Total Cost of Sales	15,009,000	12,872,000
Gross Profit	12,746,000	7,302,000
Operating Expenses:	'	'
Selling	5,505,000	5,049,000
Marketing	856,000	1,149,000
General and administrative	3,988,000	3,388,000
Total Operating Expenses	10,349,000	9,586,000
Operating Income (Loss)	2,397,000	-2,284,000
Other income	28,000	27,000
Income (Loss) Before Taxes	2,425,000	-2,257,000
Income tax expense (benefit)	1,046,000	-633,000
Net Income (Loss)	$1,379,000	($1,624,000)
Net income (loss) per share:	'	'
Basic	$0.10	($0.12)
Diluted	$0.10	($0.12)
Shares used in calculation of net income (loss) per share:	'	'
Basic	13,324,000	13,605,000
Diluted	13,422,000	13,605,000

STATEMENTS_OF_SHAREHOLDERS_EQU

STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-In Capital	Retained Earnings
Balances at Dec. 31, 2011	$27,859,000	$136,000	$22,418,000	$5,305,000
Balances, shares at Dec. 31, 2011	'	13,630,000	'	'
Issuance of common stock, net	131,000	1,000	130,000	'
Issuance of common stock, shares	'	76,000	'	'
Repurchase of common stock	-213,000	-1,000	-212,000	'
Repurchase of common stock, shares	'	-104,000	'	'
Value of stock-based compensation	342,000	'	342,000	'
Net income (loss)	-1,624,000	'	'	-1,624,000
Balances at Dec. 31, 2012	26,495,000	136,000	22,678,000	3,681,000
Balances, shares at Dec. 31, 2012	'	13,602,000	'	'
Issuance of common stock, net	91,000	1,000	90,000	'
Issuance of common stock, shares	'	70,000	'	'
Repurchase of common stock	-2,328,000	-9,000	-2,319,000	'
Repurchase of common stock, shares	'	-929,000	'	'
Value of stock-based compensation	533,000	'	533,000	'
Value of stock-based compensation, shares	'	39,000	'	'
Net income (loss)	1,379,000	'	'	1,379,000
Balances at Dec. 31, 2013	$26,170,000	$128,000	$20,982,000	$5,060,000
Balances, shares at Dec. 31, 2013	'	12,782,000	'	'

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Operating Activities:	'	'
Net income (loss)	$1,379,000	($1,624,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	1,058,000	1,148,000
Deferred income tax expense	178,000	92,000
Stock-based compensation	533,000	342,000
Gain on sale of property and equipment	-12,000	'
Changes in operating assets and liabilities:	'	'
Accounts receivable	-503,000	-1,121,000
Inventories	3,000	11,000
Income tax receivable	789,000	-427,000
Prepaid expenses and other	234,000	479,000
Accounts payable	514,000	-322,000
Accrued liabilities	-103,000	-858,000
Income tax payable	22,000	-748,000
Accrued income taxes	28,000	6,000
Deferred revenue	-141,000	311,000
Net cash provided by (used in) operating activities	3,979,000	-2,711,000
Investing Activities:	'	'
Purchases of property and equipment	-265,000	-138,000
Proceeds received from sale of property and equipment	15,000	'
Net cash used in investing activities	-250,000	-138,000
Financing Activities:	'	'
Proceeds from issuance of common stock, net	91,000	131,000
Repurchase of common stock	-2,328,000	-213,000
Net cash used in financing activities	-2,237,000	-82,000
Increase (decrease) in cash and cash equivalents	1,492,000	-2,931,000
Cash and cash equivalents at beginning of year	20,271,000	23,202,000
Cash and cash equivalents at end of year	21,763,000	20,271,000
Supplemental disclosures for cash flow information:	'	'
Cash paid during the year for income taxes	$842,000	$835,000

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies	'
Summary of Significant Accounting Policies	'
	1.              Summary of Significant Accounting Policies.
	Description of Business. Insignia Systems, Inc. (the “Company”) markets in-store advertising products, programs and services to retailers and consumer packaged goods manufacturers. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store advertising program, thermal sign card supplies for the Company’s SIGNright and Impulse systems, Stylus software and laser printable cardstock and label supplies.
	Revenue Recognition. Revenues are recognized by the Company when persuasive evidence of an arrangement exists, shipment has occurred, the price is fixed, and collectability is reasonably assured. The Company recognizes revenue from Insignia POPSigns ratably over the period of service.  The Company recognizes revenue related to equipment, software and sign card sales at the time the products are shipped to customers.  Revenue associated with maintenance agreements is recognized ratably over the life of the contract. Revenue that has been billed and not yet earned is reflected as deferred revenue on the balance sheet.
	Cash and Cash Equivalents.  The Company considers all highly liquid investments with an original maturity date of three months or less to be cash equivalents. Cash equivalents are stated at cost, which approximates fair value. At December 31, 2013, $4,580,000 was invested in an overnight repurchase account and $17,000,000 was invested in certificates of deposit. At December 31, 2012, $6,831,000 was invested in an overnight repurchase account and $13,000,000 was invested in certificates of deposit. The balances in cash accounts, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash equivalents. Amounts held in checking accounts during the years ended December 31, 2013 and 2012, were fully insured under the Federal Deposit Insurance Corporation (“FDIC”). Amounts held in repurchase accounts during the years ended December 31, 2013 and 2012, were secured by Federal Home Loan securities and were fully insured by the FDIC. Bank certificates of deposit at December 31, 2013 and 2012, were held at various institutions with amounts at each institution at or below the $250,000 insured limit of the FDIC.
	Fair Value of Financial Instruments. The financial statements include the following financial instruments: cash and cash equivalents, accounts receivable, and accounts payable. The carrying value of these financial instruments approximate fair value because of the short-term nature of these instruments.
	Accounts Receivable. The majority of the Company’s accounts receivable is due from companies in the consumer packaged goods industry.  Credit is extended based on evaluation of a customer’s financial condition and, generally, collateral is not required.  Accounts receivable are due within 30-90 days and are stated at amounts due from customers, net of an allowance for doubtful accounts.  Accounts receivable outstanding longer than the contractual payment terms are considered past due.  The Company determines its allowance by considering a number of factors, including the length of time trade accounts receivable are past due, the Company’s previous loss history, the customer’s current ability to pay its obligation to the Company, and the condition of the general economy and the industry as a whole.  The Company writes-off accounts receivable when they become uncollectible, and payments subsequently received on such receivables are credited to the allowance for doubtful accounts.
	Changes in the Company’s allowance for doubtful accounts are as follows:
	December 31	2013			2012
	Beginning balance	$	22,000		$	12,000
	Bad debt provision	101,000			11,000
	Accounts written-off	(106,000		)	(1,000		)
	Ending balance	$	17,000		$	22,000
	Inventories.  Inventories are primarily comprised of parts and supplies for the Impulse machine, sign cards, and roll stock.  Inventory is valued at the lower of cost or market using the first-in, first-out (FIFO) method, and consists of the following:
	December 31	2013			2012
	Raw materials	$	71,000		$	72,000
	Work-in-process	12,000			3,000
	Finished goods	224,000			235,000
		$	307,000		$	310,000
	Property and Equipment.  Property and equipment is recorded at cost. Significant additions or improvements extending asset lives are capitalized, while repairs and maintenance are charged to expense when incurred.  Depreciation is provided in amounts sufficient to relate the cost of assets to operations over their estimated useful lives. The straight-line method of depreciation is used for financial reporting purposes and accelerated methods are used for tax purposes. Estimated useful lives of the assets are as follows:
	Production tooling, machinery and equipment	1 - 6 years
	Office furniture and fixtures	3 years
	Computer equipment and software	3 years
	Web development	3 years
	Leasehold improvements are amortized over the shorter of the remaining term of the lease or estimated life of the asset.
	Impairment of Long-Lived Assets. The Company records impairment losses on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amount. Impaired assets are then recorded at their estimated fair market value.  There were no impairment losses during the years ended December 31, 2013 and 2012.
	Income Taxes.  Income taxes are accounted for under the liability method. Deferred income taxes are provided for temporary differences between the financial reporting and tax basis of assets and liabilities. Deferred taxes are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or the entire deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of the enactment. It is the Company’s policy to provide for uncertain tax positions and the related interest and penalties based upon management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. The Company recognizes interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense.
	Stock-Based Compensation. The Company measures and recognizes compensation expense for all stock-based payments at fair value. We use the Black-Scholes option pricing model to determine the weighted average fair value of options and employee stock purchase plan rights. The determination of fair value of share-based payment awards on the date of grant using an option-pricing model is affected by our stock price as well as by assumptions regarding a number of complex and subjective variables. These variables include, but are not limited to, the expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors.
	The expected lives of the options and employee stock purchase plan rights are based on evaluations of historical and expected future employee exercise behavior. The risk-free interest rate is based on the U.S. Treasury rates at the date of grant with maturity dates approximately equal to the expected term at grant date. Volatility is based on historical and expected future volatility of the Company’s stock. The Company has not historically issued any dividends beyond the one-time dividend in 2011 and does not expect to in the future. Forfeitures are estimated at the time of the grant and revised, if necessary, in subsequent periods if actual forfeitures differ from estimates.
	If factors change and we employ different assumptions in the valuation of grants in future periods, the compensation expense that we record may differ significantly from what we have recorded in the current periods.
	Advertising Costs.  Advertising costs are charged to operations as incurred. Advertising expenses were approximately $14,000 and $34,000 during the years ended December 31, 2013 and 2012, respectively.
	Net Income (Loss) Per Share.  Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average shares outstanding and excludes any dilutive effects of options and warrants. Diluted net income (loss) per share gives effect to all diluted potential common shares outstanding during the year.
	Options to purchase approximately 901,000 shares of common stock with a weighted average exercise price of $3.60 were outstanding at December 31, 2013 and were not included in the computation of common stock equivalents because their exercise prices were higher than the average fair market value of the common shares during the year. Due to the net loss incurred during the year ended December 31, 2012, all common stock options were anti-dilutive.
	Weighted average common share outstanding for the years ended December 31, 2013 and 2012 were as follows:
	Year ended December 31	2013		2012
	Denominator for basic net income (loss) per share - weighted average shares	13,324,000		13,605,000
	Effect of dilutive securities:
	Stock options	98,000		—
	Denominator for diluted net income (loss) per share - weighted average shares	13,422,000		13,605,000
	Use of Estimates.  The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.  Actual results could differ from these estimates.

Selling_Arrangement

Selling Arrangement	12 Months Ended
	Dec. 31, 2013
Selling Arrangement	'
Selling Arrangement	'
	2.              Selling Arrangement.  In February 2011, the Company paid News America Marketing In-Store, LLC (News America) $4,000,000 in exchange for a 10-year arrangement to sell signs with price into News America’s network of retailers as News America’s exclusive agent. The $4,000,000 is being amortized on a straight-line basis over the 10-year term of the arrangement. Amortization expense, which was $400,000 for each of the years ended December 31, 2013 and 2012, and is expected to be $400,000 per year over the next five years, is recorded within Cost of Services in the Company’s Statements of Operations. The net carrying amount of the selling arrangement is recorded within other assets on the Company’s balance sheet. A summary of the carrying amount of this selling arrangement is as follows as of December 31:
		2013			2012
	Gross cost	$	4,000,000		$	4,000,000
	Accumulated amortization	(1,083,000		)	(683,000		)
	Net carrying amount	$	2,917,000		$	3,317,000

Property_and_Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2013
Property and Equipment	'
Property and Equipment	'
	3.              Property and Equipment. Property and equipment consists of the following at December 31:
	Year ended December 31	2013			2012
	Property and Equipment:
	Production tooling, machinery and equipment	$	3,826,000		$	3,923,000
	Office furniture and fixtures	260,000			260,000
	Computer equipment and software	896,000			1,085,000
	Web development	65,000			38,000
	Leasehold improvements	616,000			616,000
	Construction in-progress	34,000			25,000
		5,697,000			5,947,000
	Accumulated depreciation and amortization	(3,944,000		)	(3,798,000		)
	Net Property and Equipment	$	1,753,000		$	2,149,000
	Depreciation expense for the years ended December 31, 2013 and 2012 was $658,000 and $748,000, respectively.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies	'
Commitments and Contingencies	'
	4.     Commitments and Contingencies.
	Operating Leases.  The Company has an operating lease for its current facility which is in effect from August 2008 through February 2016.  Rent expense under this lease, excluding operating costs, was approximately $445,000 in each of the years ended December 31, 2013 and 2012.
	Minimum future lease obligations under this lease, excluding operating costs, are approximately as follows for the years ending December 31:
	2014	$	484,000
	2015	492,000
	2016	82,000
	Retailer Agreements.  The Company has contracts in the normal course of business with various retailers, some of which provide for fixed or store-based payments rather than sign placement-based payments.  During the years ended December 31, 2013 and 2012, the Company incurred $1,914,000 and $1,704,000 of costs related to fixed and store-based payments, respectively. The amounts are recorded in Cost of Services in the Company’s Statements of Operations.
	Aggregate commitment amounts under agreements with retailers are approximately as follows for the years ending December 31:
	2014	$	1,030,000
	2015	608,000
	2016	94,000
	On an ongoing basis the Company negotiates renewals of various retailer agreements. Upon the completion of future contract renewals, the annual commitment amounts for 2014 and thereafter could be in excess of the amounts above.
	Legal. The Company is subject to various legal matters in the normal course of business. Management believes the outcome of these matters will not have a material adverse effect on the Company’s financial position or results of operations.

Shareholders_Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2013
Shareholders' Equity	'
Shareholders' Equity	'
	5.              Shareholders’ Equity.
	Stock-Based Compensation. The Company’s stock-based compensation plans are administered by the Compensation Committee of the Board of Directors, which selects persons to receive awards and determines the number of shares subject to each award and the terms, conditions, performance measures and other provisions of the award.
	The following table summarizes the stock-based compensation expense which was recognized in the Company’s Statements of Operations for the years ended December 31, 2013 and 2012:
	Year ended December 31	2013			2012
	Cost of sales	$	22,000		$	93,000
	Selling	176,000			104,000
	Marketing	16,000			18,000
	General and administrative	319,000			127,000
		$	533,000		$	342,000
	The Company uses the Black-Scholes option-pricing model to estimate fair value of stock-based awards with the following weighted average assumptions:
		2013		2012
	Stock Options:
	Expected life (years)	3.9		4.2
	Expected volatility	52	%	71	%
	Dividend yield	0	%	0	%
	Risk-free interest rate	1.2	%	0.6	%
		2013		2012
	Stock Purchase Plan Options:
	Expected life (years)	1		1
	Expected volatility	51	%	46	%
	Dividend yield	0	%	0	%
	Risk-free interest rate	0.2	%	0.1	%
	The Company uses the straight-line attribution method to recognize expense for unvested options.  The amount of stock-based compensation recognized during a period is based on the value of the awards that are ultimately expected to vest. Forfeitures are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The Company re-evaluates the forfeiture rate annually and adjusts it as necessary.
	As of December 31, 2013, there was approximately $296,000 of total unrecognized compensation costs related to the outstanding stock options which is expected to be recognized over a weighted average period of 1.8 years.
	Stock Options. Prior to 2013, the Company had stock options plans (the “1990 Plan” and the “2003 Plan”) for its employees and directors under which substantially all of the shares reserved for issuance had been issued. In May 2013, the Company’s shareholders approved the 2013 Omnibus Stock and Incentive Plan (the “2013 Plan”), which replaced the 2003 Plan. Options granted under the 2003 Plan will remain in effect until they are exercised or expire according to their terms. There are no options outstanding in the 1990 Plan. All current option grants are made under the 2013 Plan.
	Under the terms of the 2013 Plan, the Company may grant up to 250,000 awards in a variety of instruments including incentive or non-qualified stock options to employees, consultants and directors generally at an exercise price at or above 100% of fair market value at the close of business on the date of grant. Stock options expire 10 years after the date of grant and generally vest over three years. The Company issues new shares of common stock when stock options are exercised.
	The following table summarizes activity under the option plans:
		Plan Shares		Plan Options		Weighted		Aggregate
		Available		Outstanding		Average		Intrinsic
		for Grant				Exercise		Value
						Price Per
						Share
	Balance at December 31, 2011	21		1,234,737		$	4.87
	Reserved	500,000		—
	Granted	(737,500	)	737,500		1.67
	Cancelled - 2003 Plan	337,164		(337,164	)	3.77
	Cancelled - 1990 Plan	—		(165,400	)	9.19
	Balance at December 31, 2012	99,685		1,469,673		3.03
	Reserved	250,000		—
	Stock awards granted	(39,032	)	—
	Granted	(115,000	)	115,000		2.49
	Exercised	—		(38,165	)	1.84		$	20,810
	Cancelled - 2003 Plan	(99,685	)	(263,666	)	3.64
	Cancelled - 1990 Plan	—		(31,400	)	10.37
	Balance at December 31, 2013	95,968		1,251,442		2.72
	The number of options exercisable under the option plans was:
	December 31, 2012	572,552
	December 31, 2013	686,998
	The following table summarizes information about the stock options outstanding at December 31, 2013:
		Options Outstanding						Options Exercisable
	Ranges of	Number		Weighted Average		Weighted		Number		Weighted
	Exercise Prices	Outstanding		Remaining		Average		Exercisable		Average
				Contractual Life		Exercise Price				Exercise Price
						Per Share				Per Share
	$1.61 - $2.46	784,701		8.60 years		$	1.81	288,839		$	1.78
	$2.79 - $4.22	324,741		6.78 years		3.67		256,159		3.58
	$5.49	142,000		6.08 years		5.49		142,000		5.49
		1,251,442		7.84 years		$	2.72	686,998		$	3.22
	Options outstanding under the option plans expire at various dates during the period from January 2013 through October 2023. Options outstanding at December 31, 2013 had a weighted average remaining life of 7.84 years and an aggregate intrinsic value of $722,000.  Options exercisable at December 31, 2013 had a weighted average remaining life of 7.14 years and an aggregate intrinsic value of $275,000. The weighted average grant-date fair value of options granted during the years ended December 31, 2013 and 2012 were $1.01 and $0.90, respectively.
	In December 2013, equity grants were made by the Company to the Board of Directors, pursuant to the 2013 Plan in the form of shares of common stock. The total number of shares granted to the Board of Directors was 39,032 during the year ended December 31, 2013. The shares were issued at $2.69 per share, based on the stock price on the date of grant, for a total value of $105,000, which is included in stock-based compensation.
	Employee Stock Purchase Plan. The Company has an Employee Stock Purchase Plan (the “Plan”) that enables employees to contribute up to 10% of their base compensation toward the purchase of the Company’s common stock at 85% of its market value on the first or last day of the year. During the years ended December 31, 2013 and 2012, employees purchased 56,000 and 76,000 shares under the Plan. At December 31, 2013, 179,000 shares are reserved for future employee purchases of common stock under the Plan. For the years ended December 31, 2013 and 2012, the Company recognized $34,000 and $33,000, respectively, of stock-based compensation expense related to the Plan.
	Stock Repurchase Plans. On February 22, 2011, the Board of Directors authorized the repurchase of up to $15,000,000 of the Company’s common stock on or before January 31, 2012. On May 25, 2011, the Board amended the plan to increase the maximum share purchase amount from $15,000,000 to $20,000,000. The plan expired on January 31, 2012. The Company repurchased a total of 3,877,000 shares totaling $17,562,000 under this plan.
	On July 18, 2013, the Company commenced a “modified Dutch auction” tender offer (“Tender Offer”) to purchase up to $12 million of its common stock. Under the terms of the Tender Offer, the Company’s shareholders had the opportunity to tender some or all of their shares at a price within the range of $2.15 to $2.35 per share. The Tender Offer expired on August 15, 2013. The Tender Offer resulted in the purchase of 929,051 shares at $2.35 per share, for an aggregate cost to the Company of approximately $2.2 million, excluding fees and expenses related to the Tender Offer.
On December 3, 2013, the Board of Directors authorized the repurchase of up to $5,000,000 of the Company’s common stock on or before December 3, 2015.  The Plan allows the repurchases to be made in open market or privately negotiated transactions.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2013
Income Taxes	'
Income Taxes	'
	6.              Income Taxes. Income tax expense (benefit) consists of the following:
	Year Ended December 31	2013			2012
	Current taxes - Federal	$	816,000		$	(772,000	)
	Current taxes - State	52,000			47,000
	Deferred taxes - Federal	139,000			101,000
	Deferred taxes - State	39,000			(9,000		)
	Income tax expense (benefit)	$	1,046,000		$	(633,000	)
	Significant components of the deferred taxes are as follows:
	As of December 31	2013			2012
	Current Deferred Tax Assets:
	Accrued compensation	$	—		$	304,000
	Accrued expenses	134,000			142,000
	Net operating loss carryforwards	16,000			8,000
	Inventory reserve	14,000			10,000
	Other	7,000			14,000
	Current deferred tax assets	$	171,000		$	478,000
	Long-Term Deferred Tax Assets (Liabilities):
	Depreciation	$	(372,000	)	$	(513,000	)
	Stock options	68,000			46,000
	Net operating loss carryforwards	20,000			54,000
	Long-term deferred tax liabilities	$	(284,000	)	$	(413,000	)
	The Company evaluates all significant available positive and negative evidence, including the existence of losses in prior years and its forecast of future taxable income, in assessing the need for a valuation allowance. The underlying assumptions the Company uses in forecasting future taxable income require significant judgment and take into account the Company’s recent performance.
	The actual tax expense (benefit) attributable to income from continuing operations differs from the expected tax expense (benefit) computed by applying the U.S. federal corporate income tax rate of 34% to the net income (loss) as follows:
	Year Ended December 31	2013		2012
	Federal statutory rate	34	%	(35.0	)%
	Stock options	4.9		4.6
	State taxes	1.6		0.1
	Other permanent differences	0.7		1.1
	Impact of uncertain tax positions	1.2		0.9
	Other	0.7		0.2
	Effective federal income tax rate	43.1	%	(28.1	)%
	The Company has recorded a liability of $458,000 and $430,000 for uncertain tax positions taken in tax returns in previous years as of December 31, 2013 and 2012, respectively. This liability is reflected as Accrued Income Taxes on the Company’s Balance Sheets. The Company files income tax returns in the United States and numerous state and local tax jurisdictions. Tax years 2010 and forward are open for examination and assessment by the Internal Revenue Service. With limited exceptions, tax years prior to 2010 are no longer open in major state and local tax jurisdictions.  The Company does not anticipate that the total unrecognized tax benefits will change significantly prior to December 31, 2014.
	A reconciliation of the beginning and ending amount of the liability for uncertain tax positions is as follows:
	Balance at January 1, 2012	$	424,000
	Reduction as a result of filing state tax returns	(13,000		)
	Increases due to interest	19,000
	Balance at December 31, 2012	430,000
	Resolution of prior year items	(3,000		)
	Increases due to current year positions	10,000
	Increases due to interest	21,000
	Balance at December 31, 2013	$	458,000

Employee_Benefit_Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2013
Employee Benefit Plans	'
Employee Benefit Plans	'
	7.              Employee Benefit Plans.  The Company sponsors a Retirement Profit Sharing and Savings Plan under Section 401(k) of the Internal Revenue Code. The plan allows employees to defer up to 50% of their wages, subject to Federal limitations, on a pre-tax basis through contributions to the plan. During the years ended December 31, 2013 and 2012, the Company made a matching contribution of $61,000 and $59,000, respectively.

Restructuring

Restructuring	12 Months Ended
	Dec. 31, 2013
Restructuring	'
Restructuring	'
	8.              Restructuring.  The Company implemented a plan to restructure its operations in March 2012, including workforce reductions, salary adjustments and other cost-saving initiatives. As part of this restructuring plan, approximately 29% of the Company’s workforce was reduced. A restructuring charge of $373,000 was recorded during 2012. The Company recorded $93,000 of this charge within Cost of Sales, and $280,000 within Operating Expenses in the Company’s Statements of Operations. All amounts related to this restructuring had been paid by December 31, 2012.

Concentrations

Concentrations	12 Months Ended
	Dec. 31, 2013
Concentrations	'
Concentrations	'
	9.              Concentrations.
	Major Customers.  During the year ended December 31, 2013, one customer accounted for 31% of the Company’s total net sales. At December 31, 2013, this customer represented 47% of the Company’s total accounts receivable. Additionally, another customer accounted for 14% of the Company’s total accounts receivable as of December 31, 2013.  During the year ended December 31, 2012, one customer accounted for 30% of the Company’s total net sales. At December 31, 2012, this customer represented 43% of the Company’s total accounts receivable.
	Although there are a number of customers that the Company sells to, the loss of a major customer could adversely affect operating results. Additionally, the loss of a major retailer from the Company’s retail network could adversely affect operating results.
	Export Sales.  Export sales accounted for less than 1% of total net sales during the years ended December 31, 2013 and 2012.

Quarterly_Financial_Data

Quarterly Financial Data	12 Months Ended
	Dec. 31, 2013
Quarterly Financial Data	'
Quarterly Financial Data	'
	10.       Quarterly Financial Data.  (Unaudited)
	Quarterly data for the years ended December 31, 2013 and 2012 was as follows:
	Year Ended December 31, 2013	1st Quarter			2nd Quarter			3rd Quarter		4th Quarter
	Net sales	$	7,396,000		$	6,133,000		$	7,320,000	$	6,906,000
	Gross profit	3,536,000			2,541,000			3,320,000		3,349,000
	Net income	420,000			164,000			354,000		441,000
	Net income per share:
	Basic	$	0.03		$	0.01		$	0.03	$	0.03
	Diluted	$	0.03		$	0.01		$	0.03	$	0.03
	Year Ended December 31, 2012
	Net sales	$	3,997,000		$	4,773,000		$	6,074,000	$	5,330,000
	Gross profit	900,000			1,494,000			2,560,000		2,348,000
	Net income (loss)	(1,577,000		)	(496,000		)	380,000		69,000
	Net income (loss) per share:
	Basic	$	(0.12	)	$	(0.04	)	$	0.03	$	0.01
	Diluted	$	(0.12	)	$	(0.04	)	$	0.03	$	0.01

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2013
Subsequent Events	'
Subsequent Events	'
	11.       Subsequent Events.
	In February 2014, the Company and Valassis Sales and Marketing Services, Inc. ("Valassis") signed a new agreement that replaced all prior agreements. As a result of this new agreement, which is in effect through December 31, 2017, among other things, Valassis is no longer an exclusive reseller of the Company’s POPSign and the Company now has access to all consumer packaged goods manufacturers for the sale of POPSigns, in exchange for total consideration of $500,000 which is being paid in 2014.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies	'
Description Of Business	'
	Description of Business. Insignia Systems, Inc. (the “Company”) markets in-store advertising products, programs and services to retailers and consumer packaged goods manufacturers. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store advertising program, thermal sign card supplies for the Company’s SIGNright and Impulse systems, Stylus software and laser printable cardstock and label supplies.
Revenue Recognition	'
	Revenue Recognition. Revenues are recognized by the Company when persuasive evidence of an arrangement exists, shipment has occurred, the price is fixed, and collectability is reasonably assured. The Company recognizes revenue from Insignia POPSigns ratably over the period of service.  The Company recognizes revenue related to equipment, software and sign card sales at the time the products are shipped to customers.  Revenue associated with maintenance agreements is recognized ratably over the life of the contract. Revenue that has been billed and not yet earned is reflected as deferred revenue on the balance sheet.
Cash And Cash Equivalents	'
	Cash and Cash Equivalents.  The Company considers all highly liquid investments with an original maturity date of three months or less to be cash equivalents. Cash equivalents are stated at cost, which approximates fair value. At December 31, 2013, $4,580,000 was invested in an overnight repurchase account and $17,000,000 was invested in certificates of deposit. At December 31, 2012, $6,831,000 was invested in an overnight repurchase account and $13,000,000 was invested in certificates of deposit. The balances in cash accounts, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash equivalents. Amounts held in checking accounts during the years ended December 31, 2013 and 2012, were fully insured under the Federal Deposit Insurance Corporation (“FDIC”). Amounts held in repurchase accounts during the years ended December 31, 2013 and 2012, were secured by Federal Home Loan securities and were fully insured by the FDIC. Bank certificates of deposit at December 31, 2013 and 2012, were held at various institutions with amounts at each institution at or below the $250,000 insured limit of the FDIC.
Fair Value Of Financial Instruments	'
	Fair Value of Financial Instruments. The financial statements include the following financial instruments: cash and cash equivalents, accounts receivable, and accounts payable. The carrying value of these financial instruments approximate fair value because of the short-term nature of these instruments.
Accounts Receivable	'
	Accounts Receivable. The majority of the Company’s accounts receivable is due from companies in the consumer packaged goods industry.  Credit is extended based on evaluation of a customer’s financial condition and, generally, collateral is not required.  Accounts receivable are due within 30-90 days and are stated at amounts due from customers, net of an allowance for doubtful accounts.  Accounts receivable outstanding longer than the contractual payment terms are considered past due.  The Company determines its allowance by considering a number of factors, including the length of time trade accounts receivable are past due, the Company’s previous loss history, the customer’s current ability to pay its obligation to the Company, and the condition of the general economy and the industry as a whole.  The Company writes-off accounts receivable when they become uncollectible, and payments subsequently received on such receivables are credited to the allowance for doubtful accounts.
	Changes in the Company’s allowance for doubtful accounts are as follows:
	December 31	2013			2012
	Beginning balance	$	22,000		$	12,000
	Bad debt provision	101,000			11,000
	Accounts written-off	(106,000		)	(1,000		)
	Ending balance	$	17,000		$	22,000
Inventories	'
	Inventories.  Inventories are primarily comprised of parts and supplies for the Impulse machine, sign cards, and roll stock.  Inventory is valued at the lower of cost or market using the first-in, first-out (FIFO) method, and consists of the following:
	December 31	2013			2012
	Raw materials	$	71,000		$	72,000
	Work-in-process	12,000			3,000
	Finished goods	224,000			235,000
		$	307,000		$	310,000
Property And Equipment	'
	Property and Equipment.  Property and equipment is recorded at cost. Significant additions or improvements extending asset lives are capitalized, while repairs and maintenance are charged to expense when incurred.  Depreciation is provided in amounts sufficient to relate the cost of assets to operations over their estimated useful lives. The straight-line method of depreciation is used for financial reporting purposes and accelerated methods are used for tax purposes. Estimated useful lives of the assets are as follows:
	Production tooling, machinery and equipment	1 - 6 years
	Office furniture and fixtures	3 years
	Computer equipment and software	3 years
	Web development	3 years
	Leasehold improvements are amortized over the shorter of the remaining term of the lease or estimated life of the asset.
Impairment Of Long-Lived Assets	'
	Impairment of Long-Lived Assets. The Company records impairment losses on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amount. Impaired assets are then recorded at their estimated fair market value.  There were no impairment losses during the years ended December 31, 2013 and 2012.
Income Taxes	'
	Income Taxes.  Income taxes are accounted for under the liability method. Deferred income taxes are provided for temporary differences between the financial reporting and tax basis of assets and liabilities. Deferred taxes are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or the entire deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of the enactment. It is the Company’s policy to provide for uncertain tax positions and the related interest and penalties based upon management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. The Company recognizes interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense.
Stock-Based Compensation	'
	Stock-Based Compensation. The Company measures and recognizes compensation expense for all stock-based payments at fair value. We use the Black-Scholes option pricing model to determine the weighted average fair value of options and employee stock purchase plan rights. The determination of fair value of share-based payment awards on the date of grant using an option-pricing model is affected by our stock price as well as by assumptions regarding a number of complex and subjective variables. These variables include, but are not limited to, the expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors.
	The expected lives of the options and employee stock purchase plan rights are based on evaluations of historical and expected future employee exercise behavior. The risk-free interest rate is based on the U.S. Treasury rates at the date of grant with maturity dates approximately equal to the expected term at grant date. Volatility is based on historical and expected future volatility of the Company’s stock. The Company has not historically issued any dividends beyond the one-time dividend in 2011 and does not expect to in the future. Forfeitures are estimated at the time of the grant and revised, if necessary, in subsequent periods if actual forfeitures differ from estimates.
	If factors change and we employ different assumptions in the valuation of grants in future periods, the compensation expense that we record may differ significantly from what we have recorded in the current periods.
Advertising Costs	'
	Advertising Costs.  Advertising costs are charged to operations as incurred. Advertising expenses were approximately $14,000 and $34,000 during the years ended December 31, 2013 and 2012, respectively.
Net Income (Loss) Per Share	'
	Net Income (Loss) Per Share.  Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average shares outstanding and excludes any dilutive effects of options and warrants. Diluted net income (loss) per share gives effect to all diluted potential common shares outstanding during the year.
	Options to purchase approximately 901,000 shares of common stock with a weighted average exercise price of $3.60 were outstanding at December 31, 2013 and were not included in the computation of common stock equivalents because their exercise prices were higher than the average fair market value of the common shares during the year. Due to the net loss incurred during the year ended December 31, 2012, all common stock options were anti-dilutive.
	Weighted average common share outstanding for the years ended December 31, 2013 and 2012 were as follows:
	Year ended December 31	2013		2012
	Denominator for basic net income (loss) per share - weighted average shares	13,324,000		13,605,000
	Effect of dilutive securities:
	Stock options	98,000		—
	Denominator for diluted net income (loss) per share - weighted average shares	13,422,000		13,605,000
Use Of Estimates	'
	Use of Estimates.  The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.  Actual results could differ from these estimates.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies	'
Schedule Of Allowance For Doubtful Accounts	'
	December 31	2013			2012
	Beginning balance	$	22,000		$	12,000
	Bad debt provision	101,000			11,000
	Accounts written-off	(106,000		)	(1,000		)
	Ending balance	$	17,000		$	22,000
Schedule Of Inventories	'
	December 31	2013			2012
	Raw materials	$	71,000		$	72,000
	Work-in-process	12,000			3,000
	Finished goods	224,000			235,000
		$	307,000		$	310,000
Schedule Of Estimated Useful Lives	'
	Production tooling, machinery and equipment	1 - 6 years
	Office furniture and fixtures	3 years
	Computer equipment and software	3 years
	Web development	3 years
Schedule Of Weighted Average Common Shares Outstanding	'
	Year ended December 31	2013		2012
	Denominator for basic net income (loss) per share - weighted average shares	13,324,000		13,605,000
	Effect of dilutive securities:
	Stock options	98,000		—
	Denominator for diluted net income (loss) per share - weighted average shares	13,422,000		13,605,000

Selling_Arrangement_Tables

Selling Arrangement (Tables)	12 Months Ended
	Dec. 31, 2013
Selling Arrangement	'
Summary Of The Carrying Amount Of The Selling Arrangement	'
		2013			2012
	Gross cost	$	4,000,000		$	4,000,000
	Accumulated amortization	(1,083,000		)	(683,000		)
	Net carrying amount	$	2,917,000		$	3,317,000

Property_and_Equipment_Tables

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2013
Property and Equipment	'
Schedule Of Property And Equipment	'
	Year ended December 31	2013			2012
	Property and Equipment:
	Production tooling, machinery and equipment	$	3,826,000		$	3,923,000
	Office furniture and fixtures	260,000			260,000
	Computer equipment and software	896,000			1,085,000
	Web development	65,000			38,000
	Leasehold improvements	616,000			616,000
	Construction in-progress	34,000			25,000
		5,697,000			5,947,000
	Accumulated depreciation and amortization	(3,944,000		)	(3,798,000		)
	Net Property and Equipment	$	1,753,000		$	2,149,000

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies	'
Schedule Of Minimum Future Lease Obligations	'
	2014	$	484,000
	2015	492,000
	2016	82,000
Schedule Of Aggregate Commitment Amounts	'
	2014	$	1,030,000
	2015	608,000
	2016	94,000

Shareholders_Equity_Tables

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2013
Shareholders' Equity	'
Schedule Of Stock-Based Compensation Expense	'
	Year ended December 31	2013			2012
	Cost of sales	$	22,000		$	93,000
	Selling	176,000			104,000
	Marketing	16,000			18,000
	General and administrative	319,000			127,000
		$	533,000		$	342,000
Schedule Of Weighted Average Assumptions	'
		2013		2012
	Stock Options:
	Expected life (years)	3.9		4.2
	Expected volatility	52	%	71	%
	Dividend yield	0	%	0	%
	Risk-free interest rate	1.2	%	0.6	%
		2013		2012
	Stock Purchase Plan Options:
	Expected life (years)	1		1
	Expected volatility	51	%	46	%
	Dividend yield	0	%	0	%
	Risk-free interest rate	0.2	%	0.1	%
Summary Of Activity Under Stock Option Plans	'
		Plan Shares		Plan Options		Weighted		Aggregate
		Available		Outstanding		Average		Intrinsic
		for Grant				Exercise		Value
						Price Per
						Share
	Balance at December 31, 2011	21		1,234,737		$	4.87
	Reserved	500,000		—
	Granted	(737,500	)	737,500		1.67
	Cancelled - 2003 Plan	337,164		(337,164	)	3.77
	Cancelled - 1990 Plan	—		(165,400	)	9.19
	Balance at December 31, 2012	99,685		1,469,673		3.03
	Reserved	250,000		—
	Stock awards granted	(39,032	)	—
	Granted	(115,000	)	115,000		2.49
	Exercised	—		(38,165	)	1.84		$	20,810
	Cancelled - 2003 Plan	(99,685	)	(263,666	)	3.64
	Cancelled - 1990 Plan	—		(31,400	)	10.37
	Balance at December 31, 2013	95,968		1,251,442		2.72
Schedule Of The Number Of Options Exercisable	'
	December 31, 2012	572,552
	December 31, 2013	686,998
Summary Of Information About Stock Options Outstanding	'
		Options Outstanding						Options Exercisable
	Ranges of	Number		Weighted Average		Weighted		Number		Weighted
	Exercise Prices	Outstanding		Remaining		Average		Exercisable		Average
				Contractual Life		Exercise Price				Exercise Price
						Per Share				Per Share
	$1.61 - $2.46	784,701		8.60 years		$	1.81	288,839		$	1.78
	$2.79 - $4.22	324,741		6.78 years		3.67		256,159		3.58
	$5.49	142,000		6.08 years		5.49		142,000		5.49
		1,251,442		7.84 years		$	2.72	686,998		$	3.22

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2013
Income Taxes	'
Schedule Of Income Tax Expense (Benefit)	'
	Year Ended December 31	2013			2012
	Current taxes - Federal	$	816,000		$	(772,000	)
	Current taxes - State	52,000			47,000
	Deferred taxes - Federal	139,000			101,000
	Deferred taxes - State	39,000			(9,000		)
	Income tax expense (benefit)	$	1,046,000		$	(633,000	)
Schedule Of Significant Components Of Deferred Taxes	'
	As of December 31	2013			2012
	Current Deferred Tax Assets:
	Accrued compensation	$	—		$	304,000
	Accrued expenses	134,000			142,000
	Net operating loss carryforwards	16,000			8,000
	Inventory reserve	14,000			10,000
	Other	7,000			14,000
	Current deferred tax assets	$	171,000		$	478,000
	Long-Term Deferred Tax Assets (Liabilities):
	Depreciation	$	(372,000	)	$	(513,000	)
	Stock options	68,000			46,000
	Net operating loss carryforwards	20,000			54,000
	Long-term deferred tax liabilities	$	(284,000	)	$	(413,000	)
Reconciliation Of Effective Income Tax Rate	'
	Year Ended December 31	2013		2012
	Federal statutory rate	34	%	(35.0	)%
	Stock options	4.9		4.6
	State taxes	1.6		0.1
	Other permanent differences	0.7		1.1
	Impact of uncertain tax positions	1.2		0.9
	Other	0.7		0.2
	Effective federal income tax rate	43.1	%	(28.1	)%
Reconciliation Of The Liability For Uncertain Tax Positions	'
	Balance at January 1, 2012	$	424,000
	Reduction as a result of filing state tax returns	(13,000		)
	Increases due to interest	19,000
	Balance at December 31, 2012	430,000
	Resolution of prior year items	(3,000		)
	Increases due to current year positions	10,000
	Increases due to interest	21,000
	Balance at December 31, 2013	$	458,000

Quarterly_Financial_Data_Table

Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2013
Quarterly Financial Data	'
Schedule Of Quarterly Financial Data	'
	Year Ended December 31, 2013	1st Quarter			2nd Quarter			3rd Quarter		4th Quarter
	Net sales	$	7,396,000		$	6,133,000		$	7,320,000	$	6,906,000
	Gross profit	3,536,000			2,541,000			3,320,000		3,349,000
	Net income	420,000			164,000			354,000		441,000
	Net income per share:
	Basic	$	0.03		$	0.01		$	0.03	$	0.03
	Diluted	$	0.03		$	0.01		$	0.03	$	0.03
	Year Ended December 31, 2012
	Net sales	$	3,997,000		$	4,773,000		$	6,074,000	$	5,330,000
	Gross profit	900,000			1,494,000			2,560,000		2,348,000
	Net income (loss)	(1,577,000		)	(496,000		)	380,000		69,000
	Net income (loss) per share:
	Basic	$	(0.12	)	$	(0.04	)	$	0.03	$	0.01
	Diluted	$	(0.12	)	$	(0.04	)	$	0.03	$	0.01

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Cash and Cash Equivalents	'	'
Overnight repurchase account	$4,580,000	$6,831,000
Certificates of deposit	$17,000,000	$13,000,000

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Changes in allowance for doubtful accounts	'	'
Beginning balance	$22,000	$12,000
Bad debt provision	101,000	11,000
Accounts written-off	-106,000	-1,000
Ending balance	$17,000	$22,000

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details 3) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Inventories	'	'
Raw materials	$71,000	$72,000
Work-in-process	12,000	3,000
Finished goods	224,000	235,000
Inventories	$307,000	$310,000

Summary_of_Significant_Account6

Summary of Significant Accounting Policies (Details 4)	12 Months Ended
	Dec. 31, 2013
Production tooling, machinery and equipment | Minimum	'
Property and Equipment	'
Estimated Useful lives	'P1Y
Production tooling, machinery and equipment | Maximum	'
Property and Equipment	'
Estimated Useful lives	'P6Y
Office furniture and fixtures	'
Property and Equipment	'
Estimated Useful lives	'P3Y
Computer equipment and software	'
Property and Equipment	'
Estimated Useful lives	'P3Y
Web development	'
Property and Equipment	'
Estimated Useful lives	'P3Y

Summary_of_Significant_Account7

Summary of Significant Accounting Policies (Details 5) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Impairment of Long-Lived Assets	'	'
Impairment losses on long-lived assets	$0	$0
Advertising Costs	'	'
Advertising costs	$14,000	$34,000
Net Income (Loss) Per Share	'	'
Denominator for basic net income (loss) per share - weighted average shares	13,324,000	13,605,000
Effect of dilutive securities: Stock options	98,000	'
Denominator for diluted net income (loss) per share - weighted average shares	13,422,000	13,605,000
Options	'	'
Net Income (Loss) Per Share	'	'
Options not included in computation because they were anti-dilutive	901,000	'
Weighted average exercise of price of options outstanding that were anti-dilutive	$3.60	'

Selling_Arrangement_Details

Selling Arrangement (Details) (Selling Agreement, USD $)	1 Months Ended	12 Months Ended
	Feb. 28, 2011	Dec. 31, 2013	Dec. 31, 2012
Selling Agreement	'	'	'
Selling Arrangement	'	'	'
Payment for arrangement to sell signs	$4,000,000	'	'
Term of arrangement	'10 years	'	'
Amortization expense	'	400,000	400,000
2014	'	400,000	'
2015	'	400,000	'
2016	'	400,000	'
2017	'	400,000	'
2018	'	$400,000	'

Selling_Arrangement_Details_2

Selling Arrangement (Details 2) (Selling Agreement, USD $)	Dec. 31, 2013	Dec. 31, 2012
Selling Agreement	'	'
Selling Arrangement	'	'
Gross cost	$4,000,000	$4,000,000
Accumulated amortization	-1,083,000	-683,000
Net carrying amount	$2,917,000	$3,317,000

Property_and_Equipment_Details

Property and Equipment (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Property and Equipment	'	'
Gross Property and Equipment	$5,697,000	$5,947,000
Accumulated depreciation and amortization	-3,944,000	-3,798,000
Net Property and Equipment	1,753,000	2,149,000
Depreciation expense	658,000	748,000
Production tooling, machinery and equipment	'	'
Property and Equipment	'	'
Gross Property and Equipment	3,826,000	3,923,000
Office furniture and fixtures	'	'
Property and Equipment	'	'
Gross Property and Equipment	260,000	260,000
Computer equipment and software	'	'
Property and Equipment	'	'
Gross Property and Equipment	896,000	1,085,000
Web development	'	'
Property and Equipment	'	'
Gross Property and Equipment	65,000	38,000
Leasehold improvements	'	'
Property and Equipment	'	'
Gross Property and Equipment	616,000	616,000
Construction in-progress	'	'
Property and Equipment	'	'
Gross Property and Equipment	$34,000	$25,000

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Commitments and Contingencies	'	'
Rent expense	$445,000	$445,000
Minimum future lease obligations	'	'
2014	484,000	'
2015	492,000	'
2016	$82,000	'

Commitments_and_Contingencies_2

Commitments and Contingencies (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Commitments And Contingencies	'	'
Fixed and store-based payments	$1,914,000	$1,704,000
Aggregate commitment amounts under agreements with retailers	'	'
2014	1,030,000	'
2015	608,000	'
2016	$94,000	'

Shareholders_Equity_Details

Shareholders' Equity (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Amount recognized in Statements of Operations-	'	'
Stock-based compensation expense	$533,000	$342,000
Cost of sales	'	'
Amount recognized in Statements of Operations-	'	'
Stock-based compensation expense	22,000	93,000
Selling	'	'
Amount recognized in Statements of Operations-	'	'
Stock-based compensation expense	176,000	104,000
Marketing	'	'
Amount recognized in Statements of Operations-	'	'
Stock-based compensation expense	16,000	18,000
General and administrative	'	'
Amount recognized in Statements of Operations-	'	'
Stock-based compensation expense	$319,000	$127,000

Shareholders_Equity_Details_2

Shareholders' Equity (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Stock Options	'	'
Black-Scholes Option-Pricing model assumptions	'	'
Expected life	'3 years 10 months 24 days	'4 years 2 months 12 days
Expected volatility	52.00%	71.00%
Dividend yield	0.00%	0.00%
Risk-free interest rate	1.20%	0.60%
Unrecognized compensation	'	'
Total unrecognized compensation costs related to the outstanding stock options	$296,000	'
Total unrecognized compensation costs related to the outstanding stock options weighted average period of recognition	'1 year 9 months 18 days	'
Stock option disclosures	'	'
Expiration period from date of grant	'10 years	'
Vesting period	'3 years	'
Stock Options | Minimum	'	'
Stock option disclosures	'	'
Exercise price, expressed as percentage of fair value on date of grant	100.00%	'
Stock Purchase Plan Options	'	'
Black-Scholes Option-Pricing model assumptions	'	'
Expected life	'1 year	'1 year
Expected volatility	51.00%	46.00%
Dividend yield	0.00%	0.00%
Risk-free interest rate	0.20%	0.10%
Stock option disclosures	'	'
Exercise price, expressed as percentage of fair value on date of grant	85.00%	'
2013 Omnibus Stock and Incentive Plan	'	'
Stock option disclosures	'	'
Awards reserved for issuance	250,000	'

Shareholders_Equity_Details_3

Shareholders' Equity (Details 3) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Plan Shares Available for Grant	'	'
Balance at the beginning of the period (in shares)	99,685	21
Reserved (in shares)	250,000	500,000
Stock awards granted	-39,032	'
Balance at the end of the period (in shares)	95,968	99,685
Stock Options	'	'
Plan Shares Available for Grant	'	'
Available for grant (in shares)	-115,000	-737,500
Plan Options Outstanding	'	'
Balance at the beginning of the period (in shares)	1,469,673	1,234,737
Granted (in shares)	115,000	737,500
Exercised (in shares)	-38,165	'
Balance at the end of the period (in shares)	1,251,442	1,469,673
Weighted Average Exercise Price Per Share	'	'
Balance at the beginning of the period (in dollars per share)	3.03	4.87
Granted (in dollars per share)	2.49	1.67
Exercised (in dollars per share)	1.84	'
Balance at the beginning of the period (in dollars per share)	2.72	3.03
Aggregate Intrinsic Value, Exercised (in dollars)	20,810	'
2003 Plan | Stock Options	'	'
Plan Shares Available for Grant	'	'
Available for grant cancelled (in shares)	-99,685	337,164
Plan Options Outstanding	'	'
Cancelled (in shares)	-263,666	-337,164
Weighted Average Exercise Price Per Share	'	'
Cancelled (in dollars per share)	3.64	3.77
1990 Plan | Stock Options	'	'
Plan Options Outstanding	'	'
Cancelled (in shares)	-31,400	-165,400
Weighted Average Exercise Price Per Share	'	'
Cancelled (in dollars per share)	10.37	9.19

Shareholders_Equity_Details_4

Shareholders' Equity (Details 4) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Information by exercise price range	'	'
Options Outstanding, Number Outstanding (in shares)	1,251,442	'
Options Outstanding, Weighted Average Remaining Contractual Life	'7 years 10 months 2 days	'
Options Outstanding, Weighted Average Exercise Price Per Share	$2.72	'
Options Exercisable, Number Exercisable (in shares)	686,998	572,552
Options Exercisable, Weighted Average Exercise Price Per Share	$3.22	'
Stock option disclosures	'	'
Weighted average remaining life of options outstanding	'7 years 10 months 2 days	'
Aggregate intrinsic value of options outstanding (in dollars)	$722,000	'
Weighted average remaining life of options exercisable	'7 years 1 month 20 days	'
Aggregate intrinsic value of options exercisable (in dollars)	275,000	'
Weighted average grant-date fair value of options granted (in dollars per share)	$1.01	$0.90
Total number of shares granted to the Board of directors (in shares)	39,032	'
Shares issue price (in dollars per share)	$2.69	'
Total value of shares issued	$105,000	'
$1.61 - $2.46	'	'
Information by exercise price range	'	'
Ranges of Exercise Prices, Lower (in dollars per share)	$1.61	'
Ranges of Exercise Prices, Upper (in dollars per share)	$2.46	'
Options Outstanding, Number Outstanding (in shares)	784,701	'
Options Outstanding, Weighted Average Remaining Contractual Life	'8 years 7 months 6 days	'
Options Outstanding, Weighted Average Exercise Price Per Share	$1.81	'
Options Exercisable, Number Exercisable (in shares)	288,839	'
Options Exercisable, Weighted Average Exercise Price Per Share	$1.78	'
$2.79 - $4.22	'	'
Information by exercise price range	'	'
Ranges of Exercise Prices, Lower (in dollars per share)	$2.79	'
Ranges of Exercise Prices, Upper (in dollars per share)	$4.22	'
Options Outstanding, Number Outstanding (in shares)	324,741	'
Options Outstanding, Weighted Average Remaining Contractual Life	'6 years 9 months 11 days	'
Options Outstanding, Weighted Average Exercise Price Per Share	$3.67	'
Options Exercisable, Number Exercisable (in shares)	256,159	'
Options Exercisable, Weighted Average Exercise Price Per Share	$3.58	'
$5.49	'	'
Information by exercise price range	'	'
Exercise price (in dollars per share)	$5.49	'
Options Outstanding, Number Outstanding (in shares)	142,000	'
Options Outstanding, Weighted Average Remaining Contractual Life	'6 years 29 days	'
Options Outstanding, Weighted Average Exercise Price Per Share	$5.49	'
Options Exercisable, Number Exercisable (in shares)	142,000	'
Options Exercisable, Weighted Average Exercise Price Per Share	$5.49	'

Shareholders_Equity_Details_5

Shareholders' Equity (Details 5) (USD $)	0 Months Ended			1 Months Ended	11 Months Ended	12 Months Ended			0 Months Ended	12 Months Ended
	Dec. 03, 2013	25-May-11	Feb. 22, 2011	Aug. 15, 2013	Jan. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Jul. 18, 2013	Jul. 18, 2013	Dec. 31, 2013	Dec. 31, 2012
								Minimum	Maximum	Stock Purchase Plan	Stock Purchase Plan
Stock option disclosures	'	'	'	'	'	'	'	'	'	'	'
Maximum percent of base compensation contributed towards purchase of shares	'	'	'	'	'	'	'	'	'	10.00%	'
Percent of market value for employee purchases	'	'	'	'	'	'	'	'	'	85.00%	'
Employees purchased shares	'	'	'	'	'	'	'	'	'	56,000	76,000
Shares are reserved for future employee purchases	'	'	'	'	'	'	'	'	'	179,000	'
Stock-based compensation expense	'	'	'	'	'	$533,000	$342,000	'	'	$34,000	$33,000
Stock Repurchase Plans	'	'	'	'	'	'	'	'	'	'	'
Repurchase of common stock, authorized	5,000,000	20,000,000	15,000,000	'	'	'	'	'	12,000,000	'	'
Offered price per share under tender offer (in dollars per share)	'	'	'	'	'	'	'	$2.15	$2.35	'	'
Repurchase of common stock, shares	'	'	'	929,051	3,877,000	'	'	'	'	'	'
Price per share (in dollars per share)	'	'	'	$2.35	'	'	'	'	'	'	'
Repurchase of common stock, net	'	'	'	$2,200,000	$17,562,000	$2,328,000	$213,000	'	'	'	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Taxes	'	'
Current taxes - Federal	$816,000	($772,000)
Current taxes - State	52,000	47,000
Deferred taxes - Federal	139,000	101,000
Deferred taxes - State	39,000	-9,000
Income tax expense (benefit)	$1,046,000	($633,000)

Income_Taxes_Details_2

Income Taxes (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current Deferred Tax Assets:	'	'
Accrued compensation	'	$304,000
Accrued expenses	134,000	142,000
Net operating loss carryforwards	16,000	8,000
Inventory reserve	14,000	10,000
Other	7,000	14,000
Current deferred tax assets	171,000	478,000
Long-Term Deferred Tax Assets (Liabilities):	'	'
Depreciation	-372,000	-513,000
Stock options	68,000	46,000
Net operating loss carryforwards	20,000	54,000
Long-term deferred tax liabilities	($284,000)	($413,000)

Income_Taxes_Details_3

Income Taxes (Details 3)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Reconciliation to effective federal income tax rate	'	'
Federal statutory rate	34.00%	-35.00%
Stock options	4.90%	4.60%
State taxes	1.60%	0.10%
Other permanent differences	0.70%	1.10%
Impact of uncertain tax positions	1.20%	0.90%
Other	0.70%	0.20%
Effective federal income tax rate	43.10%	-28.10%

Income_Taxes_Details_4

Income Taxes (Details 4) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Liability for uncertain tax positions	'	'
Balance at the beginning of the period	$430,000	$424,000
Resolution of prior year items	-3,000	'
Increases due to current year positions	10,000	'
Reductions as a result of filing state tax returns	'	-13,000
Increases due to interest	21,000	19,000
Balance at the end of the period	$458,000	$430,000

Employee_Benefit_Plans_Details

Employee Benefit Plans (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
401(k) Plan disclosures	'	'
Employee contribution percentage	50.00%	'
Matching employer contribution	$61,000	$59,000

Restructuring_Details

Restructuring (Details) (USD $)	1 Months Ended	12 Months Ended
	Mar. 31, 2012	Dec. 31, 2012
Restructuring Cost and Reserve	'	'
Reduction in workforce	29.00%	'
Restructuring charge	'	$373,000
Cost of sales	'	'
Restructuring Cost and Reserve	'	'
Restructuring charge	'	93,000
Operating Expenses	'	'
Restructuring Cost and Reserve	'	'
Restructuring charge	'	$280,000

Concentrations_Details

Concentrations (Details)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Concentration Risk	'	'
Export sales of net sales	1.00%	1.00%
Net sales	'	'
Concentration Risk	'	'
Number of customers	1	1
Net sales | Customer one	'	'
Concentration Risk	'	'
Customer's percentage of net sales	31.00%	30.00%
Accounts receivable	'	'
Concentration Risk	'	'
Number of customers	'	1
Accounts receivable | Customer one	'	'
Concentration Risk	'	'
Customer's percentage of net sales	47.00%	43.00%
Accounts receivable | Customer two	'	'
Concentration Risk	'	'
Customer's percentage of net sales	14.00%	'

Quarterly_Financial_Data_Detai

Quarterly Financial Data (Details) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Data	'	'	'	'	'	'	'	'	'	'
Net sales	$6,906,000	$7,320,000	$6,133,000	$7,396,000	$5,330,000	$6,074,000	$4,773,000	$3,997,000	$27,755,000	$20,174,000
Gross profit	3,349,000	3,320,000	2,541,000	3,536,000	2,348,000	2,560,000	1,494,000	900,000	12,746,000	7,302,000
Net income (loss)	$441,000	$354,000	$164,000	$420,000	$69,000	$380,000	($496,000)	($1,577,000)	$1,379,000	($1,624,000)
Net income (loss) per share:	'	'	'	'	'	'	'	'	'	'
Basic	$0.03	$0.03	$0.01	$0.03	$0.01	$0.03	($0.04)	($0.12)	$0.10	($0.12)
Diluted	$0.03	$0.03	$0.01	$0.03	$0.01	$0.03	($0.04)	($0.12)	$0.10	($0.12)

Subsequent_Events_Details

Subsequent Events (Details) (Subsequent event, Valassis, USD $)	Feb. 28, 2014
Subsequent event | Valassis	'
Subsequent events	'
Payment made for marketing and service agreement	$500,000