Wireless Telecom (WTT) 10-K 29 Mar 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015	Mar. 18, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	WIRELESS TELECOM GROUP INC
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding			18,593,013
Entity Public Float		$ 41,546,046
Amendment Flag	false
Entity Central Index Key	878,828
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 9,726,007	$ 10,723,513
Accounts receivable - net of allowance for doubtful accounts of $105,568 and $51,421 for 2015 and 2014, respectively	5,451,161	5,106,241
Inventories – net of reserves of $1,110,288 and $1,037,247, respectively	8,068,728	8,541,077
Prepaid expenses and other current assets	586,889	835,250
TOTAL CURRENT ASSETS	23,832,785	25,206,081
PROPERTY, PLANT AND EQUIPMENT - NET	1,742,888	1,689,289
OTHER ASSETS:
Goodwill	1,351,392	1,351,392
Deferred income taxes	7,013,929	7,289,649
Other assets	765,330	752,511
TOTAL OTHER ASSETS	9,130,651	9,393,552
TOTAL ASSETS	34,706,324	36,288,922
CURRENT LIABILITIES:
Accounts payable	1,046,651	1,185,230
Accrued expenses and other current liabilities	648,010	1,307,043
Equipment leases payable – current	73,760	134,230
TOTAL CURRENT LIABILITIES	1,768,421	2,626,503
LONG TERM LIABILITIES:
Deferred rent	$ 33,452
Equipment leases payable		$ 32,054
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:
Preferred stock, $.01 par value, 2,000,000 shares authorized, none issued
Common stock, $.01 par value, 75,000,000 shares authorized, 29,627,891 and 29,510,891 shares issued, 18,636,008 and 19,496,455 shares outstanding, respectively	$ 296,279	$ 295,109
Additional paid-in capital	39,865,331	39,530,325
Retained earnings	13,500,853	13,124,172
Treasury stock, at cost – 10,991,883 and 10,014,436 shares, respectively	(20,758,012)	(19,319,241)
	32,904,451	33,630,365
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 34,706,324	$ 36,288,922

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Allowance for doubtful accounts (in Dollars)	$ 105,568	$ 51,421
Inventories, net of reserves (in Dollars)	$ 1,110,288	$ 1,037,247
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	29,627,891	29,510,891
Common stock, shares outstanding	18,636,008	19,496,455
Treasury stock, shares	10,991,883	10,014,436

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
NET SALES	$ 33,109,106	$ 40,337,368
COST OF SALES	18,281,232	21,293,675
GROSS PROFIT	14,827,874	19,043,693
OPERATING EXPENSES
Research and development	3,957,274	3,379,920
Sales and marketing	5,159,805	5,487,192
General and administrative	4,963,756	5,497,579
TOTAL OPERATING EXPENSES	14,080,835	14,364,691
OPERATING INCOME	747,039	4,679,002
OTHER EXPENSE - NET	24,418	90,132
INCOME FROM OPERATIONS BEFORE PROVISION FOR INCOME TAXES	722,621	4,588,870
PROVISION FOR INCOME TAXES	345,940	2,164,718
NET INCOME	$ 376,681	$ 2,424,152
INCOME PER COMMON SHARE:
Basic (in Dollars per share)	$ 0.02	$ 0.12
Diluted (in Dollars per share)	$ 0.02	$ 0.11
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in Shares)	19,335,768	20,446,867
Diluted (in Shares)	20,378,140	21,800,700

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
BALANCE at Dec. 31, 2013	$ 292,326	$ 38,970,783	$ 10,700,020	$ (9,689,022)	$ 40,274,107
BALANCE (in Shares) at Dec. 31, 2013	29,232,557
Net income			2,424,152		2,424,152
Restricted stock issued	$ 800	(800)
Restricted stock issued (in Shares)	80,000
Forfeiture of restricted stock	$ (67)	67
Forfeiture of restricted stock (in Shares)	(6,666)
Issuance of shares in connection with stock options exercised	$ 2,050	203,350			205,400
Issuance of shares in connection with stock options exercised (in Shares)	205,000
Stock compensation expense		356,925			356,925
Repurchase of treasury stock				(9,630,219)	(9,630,219)
BALANCE at Dec. 31, 2014	$ 295,109	39,530,325	13,124,172	(19,319,241)	$ 33,630,365
BALANCE (in Shares) at Dec. 31, 2014	29,510,891				19,496,455
Net income			376,681		$ 376,681
Restricted stock issued	$ 1,000	(1,000)
Restricted stock issued (in Shares)	100,000
Forfeiture of restricted stock	$ (130)	130
Forfeiture of restricted stock (in Shares)	(13,000)
Issuance of shares in connection with stock options exercised	$ 300	23,100			23,400
Issuance of shares in connection with stock options exercised (in Shares)	30,000
Stock compensation expense		312,776			312,776
Repurchase of treasury stock				(1,438,771)	(1,438,771)
BALANCE at Dec. 31, 2015	$ 296,279	$ 39,865,331	$ 13,500,853	$ (20,758,012)	$ 32,904,451
BALANCE (in Shares) at Dec. 31, 2015	29,627,891				18,636,008

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOW FROM OPERATING ACTIVITIES:
Net income	$ 376,681	$ 2,424,152
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	458,633	370,271
Stock compensation expense	312,776	356,925
Deferred rent	33,452
Deferred income taxes	275,720	1,627,838
Provision for (recovery of) doubtful accounts	54,147	(84,321)
Inventory reserves	73,041	271,834
Changes in assets and liabilities:
Accounts receivable	(399,067)	335,849
Inventories	399,308	(643,635)
Prepaid expenses and other assets	235,542	(155,330)
Accounts payable	(138,579)	(274,364)
Accrued expenses and other current liabilities	(659,033)	(216,888)
Net cash provided by operating activities	1,022,621	4,012,331
CASH FLOWS (USED FOR) INVESTING ACTIVITIES:
Capital expenditures	(463,428)	(300,701)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments on equipment leases payable	(141,328)	(162,547)
Proceeds from exercise of stock options	23,400	205,400
Repurchase of treasury stock – 977,447 shares in 2015 and 4,815,110 shares in 2014	(1,438,771)	(9,630,219)
Net cash (used for) financing activities	(1,556,699)	(9,587,366)
NET (DECREASE) IN CASH AND CASH EQUIVALENTS	(997,506)	(5,875,736)
Cash and cash equivalents, at beginning of year	10,723,513	16,599,249
CASH AND CASH EQUIVALENTS, AT END OF YEAR	9,726,007	10,723,513
Cash paid during the year for:
Taxes	63,762	778,617
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Capital expenditures	(48,804)	(149,432)
Equipment lease payable	$ 48,804	$ 149,432

CONSOLIDATED STATEMENTS OF CAS7

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parentheticals) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Treasury stock repurchase, shares	977,447	4,815,110

DESCRIPTION OF COMPANY AND SUMM

DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 1 - DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Organization and Basis of Presentation: Wireless Telecom Group, Inc. and Subsidiaries (collectively, the “Company”) develop and manufacture a wide variety of electronic noise sources, testing and measurement instruments and high-power, passive microwave components, which it sells to customers throughout the United States and worldwide through its foreign sales corporation and foreign distributors to commercial and government customers in the electronics industry. The consolidated financial statements include the accounts of Wireless Telecom Group, Inc., which operates one of its product lines under the trade name Noise Com, Inc. (“Noisecom”), and its wholly-owned subsidiaries, Boonton Electronics Corporation (“Boonton”), Microlab/FXR (“Microlab”), WTG Foreign Sales Corporation and NC Mahwah, Inc. All intercompany transactions are eliminated in consolidation. The Company discloses its operations in two reportable segments, network solutions and test and measurement. The network solutions segment is comprised primarily of the operations of Microlab. The test and measurement segment is comprised primarily of the operations of Boonton and Noisecom. Use of Estimates: The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. The most significant estimates and assumptions include management’s analysis in support of realization of the Company’s deferred tax asset, accounting for performance-based stock options, inventory reserves and allowance for doubtful accounts. Concentrations of Credit Risk, Purchases and Fair Value: Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and accounts receivable. The Company maintains significant cash investments primarily with two financial institutions, which at times may exceed federally insured limits. The Company performs periodic evaluations of the relative credit rating of these institutions as part of its investment strategy. The Company has limited concentration of credit risk in accounts receivable due to the large number of entities comprising our customer base and their dispersion across many different industries and geographies. Credit evaluations are performed on customers requiring credit over a certain amount. Credit risk is mitigated to a lesser extent through collateral such as letters of credit, bank guarantees or payment terms like cash in advance. Credit evaluation is performed independent of the Company’s sales team to ensure segregation of duties. For the year ended December 31, 2015, no single customer accounted for 10% or more of the Company’s total consolidated sales. For the year ended December 31, 2014, one customer accounted for approximately 10% of total consolidated sales. At December 31, 2015, no single customer represented 10% or more of the Company’s gross accounts receivable balance. At December 31, 2014, one customer represented 11% of the Company’s gross accounts receivable balance. For the year ended December 31 2015, two third-party suppliers each accounted for approximately 10% of the Company’s total consolidated inventory purchases. For the year ended December 31, 2014, two third-party suppliers each accounted for 12% of the Company’s total consolidated inventory purchases. No other third-party supplier accounted for 10% or more of the Company’s total consolidated inventory purchases for either of the years ended 2015 or 2014. The carrying amounts of cash and cash equivalents, trade receivables, prepaid expenses and other current assets, accounts payable and accrued expenses and other current liabilities approximate fair value due to the short-term nature of these instruments. Cash and Cash Equivalents: The Company considers all highly liquid investments purchased with maturities of three months or less at the date of purchase to be cash equivalents. Cash and cash equivalents consist of operating and money market accounts. The Company classifies investments as short-term investments if their original or remaining maturities are greater than three months and their remaining maturities are one year or less. As of December 31, 2015, substantially all of the Company’s investments consisted of cash and cash equivalents. Accounts Receivable and allowance for doubtful accounts: Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. Estimated allowances for doubtful accounts are reviewed periodically taking into account the customer’s recent payment history, the customer’s current financial statements and other information regarding the customer’s credit worthiness. Account balances are charged off against the allowance when it is determined the receivable will not be recovered. Inventories: Raw material inventories are stated at the lower of cost (first-in, first-out method) or market. Finished goods and work-in-process are valued at average cost of production, which includes material, labor and manufacturing expenses. The Company maintains reserves to reduce the value of inventory to the lower of cost or market and reserves for excess and obsolete inventory. The Company reviews inventory for excess and obsolescence based on its best estimates of future demand, product lifecycle status and product development plans. The Company uses historical information along with those future estimates to reduce the inventory cost basis to its estimated realizable value. Inventory carrying value is net of inventory reserves of $1,110,288 and $1,037,247 as of December 31, 2015 and 2014, respectively. Inventories consist of: December 31, 2015 2014 Raw materials $ 3,993,052 $ 4,161,734 Work-in-process 628,140 735,364 Finished goods 3,447,536 3,643,979 $ 8,068,728 $ 8,541,077 Property, Plant and Equipment: Property, plant and equipment are reflected at cost, less accumulated depreciation. Depreciation and amortization are provided on a straight-line basis over the following useful lives: Minimum Maximum Machinery and equipment 5 years 10 years Furniture and fixtures 5 years 10 years Transportation equipment 3 years 5 years Leasehold improvements are amortized over the remaining term of the lease and reflect the estimated life of the improvements. Repairs and maintenance are charged to operations as incurred; renewals and betterments are capitalized. Goodwill: Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in a purchase business combination. Goodwill is not amortized but rather is reviewed for impairment at least annually, or more frequently if a triggering event occurs. Management first makes a qualitative assessment of whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount before applying the two-step goodwill impairment test. If, based on the qualitative assessment it is more-likely-than-not, the estimated fair value of a reporting unit is well in excess of its carrying amount, management will not perform any quantitative assessment. If, however, the conclusion is that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, management then performs a two-step goodwill impairment test. Under the first step, the fair value of the reporting unit is compared with its carrying value, and, if an indication of goodwill impairment exists for the reporting unit, the Company must perform step two of the impairment test (measurement). Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill as determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation. The residual fair value after this allocation is the implied fair value of the reporting unit goodwill. If the fair value of the reporting unit exceeds its carrying value, step two does not need to be performed. The Company’s goodwill balance of $1,351,392 at December 31, 2015 and 2014 relates to one of the Company’s reporting units, Microlab. Management’s qualitative assessment performed in the fourth quarters of 2015 and 2014 did not indicate any impairment of Microlab’s goodwill as its fair value is estimated to be in excess of its carrying value. Impairment of long-lived assets: Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted cash flows resulting from the use of the assets and its eventual disposition. Measurement of an impairment loss for long-lived assets that management expects to hold for sale is based on the fair value of the assets. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. Revenue Recognition: Revenue from product shipments, including shipping and handling fees, is recognized once delivery has occurred provided that persuasive evidence of an arrangement exists, the price is fixed or determinable, and collectability is reasonably assured. Delivery is considered to have occurred when title and risk of loss have transferred to the customer. Sales to international distributors are recognized in the same manner. If title does not pass until the product reaches the customer’s delivery site, then recognition of revenue is deferred until that time. There are no formal sales incentives offered to any of the Company’s customers. Volume discounts may be offered from time to time to customers purchasing large quantities on a per transaction basis. There are no special post shipment obligations or acceptance provisions that exist with any sales arrangements. Research and Development Costs: Research and development costs are charged to operations when incurred. The amounts charged to operations for the years ended December 31, 2015 and 2014 were $3,957,274 and $3,379,920, respectively. Advertising Costs: Advertising expenses are charged to operations during the year in which they are incurred and aggregated $210,940 and $226,593 for the years ended December 31, 2015 and 2014, respectively. Stock-Based Compensation: The Company follows the provisions of ASC 718, “Share-Based Payment” which requires that compensation expense be recognized, based on the fair value of the stock awards less estimated forfeitures. The fair value of the stock awards is equal to the fair value of the Company’s stock on the date of grant. The fair value of options at the date of grant was estimated using the Black-Scholes option pricing model. When performance-based options are granted, the Company takes into consideration guidance under ASC 718 and SEC Staff Accounting Bulletin No. 107 (SAB 107) when determining assumptions. The expected option life is derived from assumed exercise rates based upon historical exercise patterns and represents the period of time that options granted are expected to be outstanding. The expected volatility is based upon historical volatility of our shares using weekly price observations over an observation period that approximates the expected life of the options. The risk-free rate is based on the U.S. Treasury yield curve rate in effect at the time of grant for periods similar to the expected option life. The estimated forfeiture rate included in the option valuation is based on our past history of forfeitures. Due to the limited amount of forfeitures in the past, the Company’s estimated forfeiture rate has been zero. Management estimates are necessary in determining compensation expense for stock options with performance-based vesting criteria. Compensation expense for this type of stock-based award is recognized over the period from the date the performance conditions are determined to be probable of occurring through the implicit service period, which is the date the applicable conditions are expected to be met. If the performance conditions are not considered probable of being achieved, no expense is recognized until such time as the performance conditions are considered probable of being met, if ever. If the award is forfeited because the performance condition is not satisfied, previously recognized compensation cost is reversed. Management evaluates performance conditions on a quarterly basis. Income Taxes: The Company records deferred taxes in accordance with ASC 740, “Accounting for Income Taxes”. This ASC requires recognition of deferred tax assets and liabilities for temporary differences between tax basis of assets and liabilities and the amounts at which they are carried in the financial statements, based upon the enacted rates in effect for the year in which the differences are expected to reverse. The Company establishes a valuation allowance when necessary to reduce deferred tax assets to the amount expected to be realized. The Company periodically assesses the value of its deferred tax asset, a majority of which has been generated by a history of net operating losses and determines the necessity for a valuation allowance. The Company evaluates which portion, if any, will more likely than not be realized by offsetting future taxable income, taking into consideration any limitations that may exist on its use of its net operating loss carry-forwards. Under ASC 740, the Company must recognize and disclose uncertain tax positions only if it is more-likely-than-not the tax position will be sustained on examination by the taxing authority, based on the technical merits of the position. The amounts recognized in the financial statements attributable to such position, if any, are recorded if there is a greater than 50% likelihood of being realized upon the ultimate resolution of the position. The Company has analyzed its filing positions in all of the federal and state jurisdictions where it is required to file income tax returns. As of December 31, 2015 and 2014, the Company has identified its federal tax return and its state tax return in New Jersey as “major” tax jurisdictions, as defined, in which it is required to file income tax returns. Based on the evaluations noted above, the Company has concluded that there are no significant uncertain tax positions requiring recognition or disclosure in its consolidated financial statements. Based on a review of tax positions for all open years as set out in the Company’s notes to the consolidated financial statements, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740 during the years ended December 31, 2015 and 2014. Income Per Common Share: Basic income per share is calculated by dividing income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted income per share is calculated by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period and, when dilutive, potential shares from stock options and warrants to purchase common stock, using the treasury stock method. In accordance with ASC 260, “Earnings Per Share”, the following table reconciles basic shares outstanding to fully diluted shares outstanding. Years Ended December 31, 2015 2014 Weighted average number of common shares outstanding — Basic 19,335,768 20,446,867 Potentially dilutive common stock equivalents 1,042,372 1,353,833 Weighted average number of common and equivalent shares outstanding-Diluted 20,378,140 21,800,700 Common stock equivalents are included in the diluted income per share calculation only when option exercise prices are lower than the average market price of the common shares for the period presented. The weighted average number of common stock equivalents not included in diluted income per share, because the effects are anti-dilutive, was 1,829,271 and 1,612,948 for 2015 and 2014, respectively. Subsequent events: The Company has evaluated subsequent events and has determined that there were no subsequent events or transactions requiring recognition or disclosure in the consolidated financial statements. Recent Accounting Pronouncements Affecting the Company: In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02 “Leases” During the fourth quarter of 2015, the Company adopted ASU 2015-17, “ Balance Sheet Classification of Deferred Taxes,” In July 2015, the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory.” In June 2014, the FASB issued ASU 2014-12, “Compensation-Stock Compensation” In May 2014, the FASB issued ASU 2014-09 “Revenue from Contracts with Customers” Management does not believe there are any other recently issued, but not yet effective accounting pronouncements, if adopted, that would have a material effect on the accompanying consolidated financial statements. Reclassifications: Certain information from the prior year’s presentation has been reclassified to conform to the current year’s reporting presentation.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 2 - PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment, consist of the following as of December 31: 2015 2014 Machinery and equipment $ 5,532,832 $ 5,053,575 Furniture and fixtures 124,943 123,808 Transportation equipment 158,549 157,677 Leasehold improvements 984,105 984,105 6,800,429 6,319,165 Less: accumulated depreciation 5,057,541 4,629,876 $ 1,742,888 $ 1,689,289 Depreciation expense of $458,633 and $370,271 was recorded for the years ended December 31, 2015 and 2014, respectively.

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Other Assets Disclosure [Text Block]	NOTE 3 - OTHER ASSETS: Other assets consist of the following as of December 31: 2015 2014 Product demo assets $ 680,298 $ 694,758 Security deposit 50,000 50,000 Miscellaneous 35,032 7,753 Total $ 765,330 $ 752,511 Product demo assets are net of reserves of $872,012 and $744,904 as of December 31, 2015 and 2014, respectively.

ACCRUED EXPENSES AND OTHER CURR

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	NOTE 4 - ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES: Accrued expenses and other current liabilities consist of the following as of December 31: 2015 2014 Commissions $ 211,051 $ 94,751 Payroll and related benefits 192,902 911,215 Sales and use tax 114,806 79,339 Professional fees 65,055 51,856 Goods received not invoiced 2,986 123,683 Other 61,210 46,199 Total $ 648,010 $ 1,307,043

STOCK REPURCHASE

STOCK REPURCHASE	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Treasury Stock [Text Block]	NOTE 5 - STOCK REPURCHASES: In November 2015, the Company’s Board of Directors approved the repurchase of the remaining approximately 1,200,000 shares of the Company’s common stock under its previously announced stock repurchase program. During the period from November 23, 2015 through December 31, 2015, the Company repurchased 977,447 shares of its own common stock pursuant to the program at an aggregate cost of $1,438,771, or $1.47 average cost per share. Subsequent to December 31, 2015, the Company repurchased an additional 42,995 shares at an aggregate cost of $65,467, or $1.52 average cost per share. In April 2014, the Company entered into and consummated an agreement to repurchase a total of 4,815,110 shares of the Company’s common stock from its largest shareholder at the time at a cost of $9,630,219, or $2.00 per share. The Company funded the above transactions from available cash.

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 6 - SHAREHOLDERS’ EQUITY: Incentive Compensation Plan: In 2012, the Company’s Board of Directors and shareholders approved the Company’s 2012 Incentive Compensation Plan (the “2012 Plan”), which provides for the grant of restricted stock awards, non-qualified stock options and incentive stock options in compliance with the Internal Revenue Code of 1986, as amended, to employees, officers, directors, consultants and advisors of the Company who are expected to contribute to the Company’s future growth and success. When originally approved, the 2012 Plan provided for the grant of awards relating to 2,000,000 shares of common stock, plus those shares still available under the Company’s prior incentive compensation plan. In June 2014, the Company’s shareholders approved the Amended and Restated 2012 Incentive Compensation Plan allowing for an additional 1,658,045 shares of the Company’s common stock to be available for future grants under the 2012 Plan. As of December 31, 2015, there were 2,238,500 shares available for issuance under the 2012 Plan, including those shares available under the Company’s prior incentive compensation plan as of such date. All service-based options granted have ten year terms and, from the date of grant, vest annually and become fully exercisable after a maximum of five years. Performance-based options granted have ten year terms and vest and become fully exercisable when determinable performance targets are achieved. Performance targets are agreed to, and approved by, the Company’s board of directors. Under the Company’s 2012 Plan, options may be granted to purchase shares of the Company’s common stock exercisable at prices generally equal to or above the fair market value on the date of the grant. The following summarizes the components of stock-based compensation expense by equity instrument for the years ended December 31: 2015 2014 Service-Based Restricted Common Stock $ 210,600 $ 180,133 Performance-Based Stock Options 85,205 146,838 Performance-Based Restricted Common Stock 16,971 29,954 Total Share-Based Compensation Expense $ 312,776 $ 356,925 Stock-based compensation for the years ended 2015 and 2014 is included in general and administrative expenses in the accompanying consolidated statement of operations. The performance-based and service-based stock options outstanding and exercisable as of December 31, 2015 are summarized as follows: Weighted average Options Options Weighted average exercise price Outstanding Exercisable remaining life Performance-based $ 1.32 1,965,000 1,090,000 5.4 years Service-based $ 2.23 523,000 378,000 2.7 years 2,488,000 1,468,000 Restricted common stock awards: In June 2015, the Company granted 100,000 shares of restricted common stock to certain directors of the Company under the 2012 Plan. The fair market value of shares were granted at a price of $2.22 per share and will fully vest on the date of the Company’s next annual shareholders meeting to be held in June 2016, or a vesting period of approximately one year, provided that the director’s service continues through the vesting date. The total compensation expense to be recognized over the vesting period is $222,000. The following tables summarize the restricted common stock awards granted to certain directors, officers and employees of the Company during the years ended December 31, 2015 and 2014 under the 2012 Plan: Year ended December 31, 2015 Individuals Number Fair Market Vesting Date Board of Directors 100,000 $ 2.22 Next Annual Meeting (June 2016) Year ended December 31, 2014 Individuals Number Fair Market Vesting Date Board of Directors 80,000 $ 2.49 Annual Meeting (June 2015) A summary of the status of the Company’s non-vested restricted common stock, as granted under the Company’s approved stock compensation plan, as of December 31, 2015 and 2014, and changes during the years ended December 31, 2015 and 2014 are presented below: Weighted Average Grant Date Non-vested Shares Number of Shares Fair Value Non-vested at January 1, 2014 220,000 $ 1.63 Granted 80,000 $ 2.49 Vested (113,334 ) $ 1.51 Forfeited (6,666 ) $ 1.51 Non-vested at December 31, 2014 180,000 $ 2.09 Granted 100,000 $ 2.22 Vested (80,000 ) $ 2.49 Forfeited (13,000 ) $ 1.77 Non-vested at December 31, 2015 187,000 $ 2.01 Under the terms of the performance-based restricted common stock award agreements (pertaining to the 100,000 shares of restricted stock awards granted in 2013), the awards will fully vest and become exercisable on the date on which the Company’s Board of Directors shall have determined that specific financial milestones have been met, provided the employee remains in the employ of the Company at such time; provided, however, upon a Change in Control (as defined in the award agreements and the 2012 Plan), the restricted stock shall automatically vest as permitted by the 2012 Plan. For the performance-based restricted stock awarded in 2013, the Company’s Board of Directors adopted specific revenue and earnings performance targets as vesting conditions. During the first quarter of 2015, management determined the performance conditions related to these restricted stock awards are probable to be achieved by the year ending 2020. As a result, the Company adjusted the amortization of the fair market value of these awards over the revised implicit service period from December 2017 to December 2020. The impact of this adjustment for the year ended December 31, 2015 was to reduce stock compensation expense attributable to performance-based restricted common stock awards by $5,989. If management determines in future periods the achievement of performance conditions are probable to occur sooner than expected, the Company will accelerate the expensing of any unamortized balance as of that determination date. As of December 31, 2015, the unearned compensation related to Company granted restricted common stock is $218,064 of which $111,000 (pertaining to 100,000 service-based restricted common stock awards) will be amortized on a straight-line basis through the date of the Company’s next annual meeting to be held in June 2016, the vesting date. The remaining balance of $107,064 (pertaining to 87,000 performance-based restricted common stock awards issued in 2013) will be amortized on a straight-line basis through December 31, 2020, the revised implicit service period. Performance-based stock option awards: A summary of performance-based stock option activity, and related information for the years ended December 31 2015 and 2014 follows: Weighted Average Options Exercise Price Outstanding, January 1, 2014 2,250,000 $ 1.28 Granted — — Vested — — Exercised (180,000 ) $ 0.78 Forfeited — — Expired — — Outstanding, December 31, 2014 2,070,000 $ 1.33 Granted 50,000 $ 1.83 Vested — — Exercised (30,000 ) $ 0.78 Forfeited (125,000 ) $ 1.77 Expired — — Outstanding, December 31, 2015 1,965,000 $ 1.32 Options exercisable: December 31, 2014 1,120,000 $ 0.95 December 31, 2015 1,090,000 $ 0.96 The aggregate intrinsic value of performance-based stock options outstanding (regardless of whether or not such options are exercisable) as of December 31, 2015 and 2014 was $846,350 and $2,690,050, respectively. The aggregate intrinsic value of performance-based stock options exercised in 2015 and 2014 was $42,300 and $320,850, respectively. On September 8, 2015, the Company granted performance-based stock options to a non-executive officer employee to acquire 50,000 shares of common stock at an exercise price of $1.83 per share, which represents the closing price of the Company’s common stock as reported on the NYSE MKT on September 8, 2015, the date of grant. The per share fair-value of these performance-based options was $1.03. The per share fair-value was estimated on the date of grant using the Black-Scholes option pricing method and included the following range of assumptions; dividend yield 0%, risk-free interest rate of 1.53% and expected option life of 4 years. Volatility assumption was 75.46% and the forfeiture rate was assumed to be 0%. Under the terms of the performance-based stock option agreements, the awards will fully vest and become exercisable on the date on which the Company’s Board of Directors shall have determined that specific financial performance milestones have been met, provided the employee remains in the employ of the Company at such time; provided, however, upon a Change in Control (as defined in the stock option agreements and the 2012 Plan), the stock options shall automatically vest as permitted by the 2012 Plan. During the first quarter of 2015, management determined the performance conditions related to stock option awards (pertaining to stock awards granted in 2013 and subsequent grants made) are probable to be achieved by the year ending 2020. As a result, the Company adjusted the amortization of the fair market value of these awards over the revised implicit service period from December 2017 to December 2020. The impact of this adjustment for the year ended December 31, 2015 was to reduce stock compensation expense attributable to performance-based stock option awards by $29,713. If management determines in future periods the achievement of performance conditions are probable to occur sooner than expected, the Company will accelerate the expensing of any unamortized balance as of that determination date. As of December 31, 2015, the unearned compensation related to the 950,000 performance-based stock options granted in August 2013 (with a a weighted average per share exercise price of $1.77) and the 50,000 performance-based stock options granted in September 2015 (with a weighted average per share exercise price of $1.83) is $523,926 and $49,074, respectively, which will be amortized on a straight-line basis through December 31, 2020, the revised implicit service period. The Company’s performance-based stock options granted prior to 2013 (consisting of 1,090,000 options) are fully amortized. For the years ended December 31, 2015 and 2014, the Company recorded compensation expense related to performance-based options in the amount of $85,205 and $146,838, respectively. Service-based stock option awards: A summary of service-based stock option activity, and related information for the years ended December 31, follows: Weighted Average Options Exercise Price Outstanding, January 1, 2014 787,000 $ 2.65 Granted — — Vested — — Exercised (25,000 ) $ 2.60 Forfeited — — Expired (240,000 ) $ 2.96 Outstanding, December 31, 2014 522,000 $ 2.51 Granted 145,000 $ 1.30 Vested — — Exercised — — Forfeited (120,000 ) $ 2.28 Expired (24,000 ) $ 2.55 Outstanding, December 31, 2015 523,000 $ 2.23 Options exercisable: December 31, 2014 522,000 $ 2.51 December 31, 2015 378,000 $ 2.58 The aggregate intrinsic value of service-based stock options (regardless of whether or not such options are exercisable) as of December 31, 2015 and 2014 was $0 and $102,640, respectively. The aggregate intrinsic value of service-based stock options exercised in 2015 and 2014 was $0 and $1,250, respectively. On November 19, 2015, the Company granted service-based stock options to acquire 145,000 shares of common stock at an exercise price of $1.30 per share to the members of the Company’s Strategic and Planning Committee, which represents the closing price of the Company’s common stock as reported on the NYSE MKT on November 19, 2015, the date of grant. The per share fair-value of these service-based options was $0.75. The per share fair-value was estimated on the date of grant using the Black-Scholes option pricing method and included the following range of assumptions; dividend yield 0%, risk-free interest rate of 1.68% and expected option life of 4 years. Volatility assumption was 78.22% and the forfeiture rate was assumed to be 0%. Under the terms of the service-based stock option agreements relating to the November 19, 2015 stock option grants, the awards shall vest in twelve equal quarterly installments over a period of three years and shall be fully vested on November 19, 2018. As of December 31, 2015, the unearned compensation related to the 145,000 service-based stock options granted in November 2015 (with a weighted average per share exercise price of $1.30) is $109,386, which will be amortized on a straight-line basis over the service period through November 2018. At December 31, 2015, the Company’s service-based stock options granted prior to November 2015 were fully amortized.

SEGMENT AND RELATED INFORMATION

SEGMENT AND RELATED INFORMATION	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 7 - SEGMENT AND RELATED INFORMATION: Financial information by segment: The operating businesses of the Company are segregated into two reportable segments, network solutions and test and measurement. The network solutions segment is comprised primarily of the operations of the Company’s subsidiary, Microlab. The test and measurement segment is comprised primarily of the Company’s operations (Noisecom) and the operations of its subsidiary, Boonton. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. The Company allocates resources and evaluates the performance of segments based on income or loss from operations, excluding interest, corporate expenses and other income (expenses). Financial information by reportable segment as of and for the years ended December 31, 2015 and 2014 is presented below: 2015 2014 Net sales by segment: Network solutions $ 21,534,831 $ 28,211,609 Test and measurement 11,574,275 12,125,759 Total consolidated net sales and net sales of reportable segments $ 33,109,106 $ 40,337,368 Segment income: Network solutions $ 3,290,220 $ 7,555,578 Test and measurement 729,090 1,085,357 Income from reportable segments 4,019,310 8,640,935 Other unallocated amounts: Corporate expenses (3,272,271 ) (3,961,933 ) Other expense - net (24,418 ) (90,132 ) Consolidated income from operations before income tax provision $ 722,621 $ 4,588,870 Depreciation by segment: Network solutions $ 225,194 $ 155,015 Test and measurement 233,439 215,256 Total depreciation for reportable segments $ 458,633 $ 370,271 Capital expenditures by segment (a): Network solutions $ 371,718 $ 202,934 Test and measurement 91,710 97,767 Total consolidated capital expenditures by reportable segment $ 463,428 $ 300,701 Total assets by segment: Network solutions $ 10,638,961 $ 11,088,332 Test and measurement 7,153,310 7,006,853 Total assets for reportable segments 17,792,271 18,095,185 Corporate assets, principally cash and cash equivalents and deferred and current taxes 16,914,053 18,193,737 Total consolidated assets $ 34,706,324 $ 36,288,922 (a) Net of equipment lease payable of $48,804 for 2015 (test and measurement segment) and $149,432 for 2014 (network solutions segment). In addition to its in-house sales staff, the Company uses various manufacturers’ representatives to sell its products. For the years ended December 31, 2015 and 2014, no representative accounted for more than 10% of total consolidated sales. Regional Sales: Net consolidated sales from operations by region were as follows: For the Years Ended December 31, 2015 2014 Americas $ 24,946,340 $ 30,480,266 Europe, Middle East, Africa (EMEA) 5,885,975 7,248,171 Asia Pacific (APAC) 2,276,791 2,608,931 $ 33,109,106 $ 40,337,368 Net sales are attributable to a geographic area based on the destination of the product shipment. The majority of shipments in the Americas are to customers located within the United States. For the years ended December 31, 2015 and 2014, sales in the United States amounted to $23,040,410 and $28,635,920, respectively. Shipments to the remaining regions presented above were largely concentrated in Israel and Germany (EMEA) and China (APAC). For the years ended December 31, 2015 and 2014, sales to Israel amounted to $1,667,854, or 28%, and $2,109,089, or 29%, of all shipments to the EMEA region, respectively. For the years ended December 31, 2015 and 2014, sales to Germany amounted to $1,068,093, or 18%, and $1,257,457, or 17%, of all shipments to the EMEA region, respectively. Sales to China, for the years ended December 31, 2015 and 2014, amounted to $1,453,736, or 64%, and $1,227,352, or 47%, of all shipments to the APAC region, respectively. There were no other shipments significantly concentrated in one country.

RETIREMENT PLAN

RETIREMENT PLAN	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	NOTE 8 - RETIREMENT PLAN: The Company has a 401(k) profit sharing plan covering all eligible U.S. employees. Company contributions to the plan for the years ended December 31, 2015 and 2014 amounted to $425,462 and $428,242, respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 9 - INCOME TAXES: The components of income tax expense related to income from operations are as follows: Years Ended December 31 , 2015 2014 Current: Federal $ 5,272 $ 84,073 State 64,948 452,807 Deferred: Federal 244,737 1,373,732 State 30,983 254,106 $ 345,940 $ 2,164,718 The following is a reconciliation of the maximum statutory federal tax rate to the Company’s effective tax relative to operations: Years Ended December 31, 2015 2014 % of Pre Tax Earnings % of Statutory federal income tax rate 34.0 % 34.0 % State income tax net of federal tax benefit 9.6 8.7 Under accrual 2.3 3.0 Permanent differences 1.8 0.3 Other 0.2 1.2 47.9 % 47.2 % In 2015 and 2014, the difference between the statutory and the effective tax rate is primarily due to a current provision for state income taxes. The components of deferred income taxes are as follows: December 31, 2015 2014 Deferred tax assets: Uniform capitalization of inventory costs for tax purposes $ 158,599 $ 168,119 Reserves on inventories 444,115 414,898 Accruals 10,000 240,000 Tax effect of goodwill (507,524 ) (471,487 ) Book depreciation over tax (43,514 ) (17,699 ) Other timing differences 105,725 20,568 Net operating loss carryforward 13,858,662 13,947,384 14,026,063 14,301,783 Valuation allowance for deferred tax assets (7,012,134 ) (7,012,134 ) $ 7,013,929 $ 7,289,649 The Company has a domestic net operating loss carryforward at December 31, 2015 of approximately $17,100,000 which expires in 2029. The Company also has a foreign net operating loss carryforward at December 31, 2015 of approximately $23,400,000 which has no expiration. Realization of the Company’s deferred tax assets is dependent upon the Company generating sufficient taxable income in the appropriate tax jurisdictions in future years to obtain benefit from the reversal of net deductible temporary differences and from utilization of net operating losses. The Company’s valuation allowance of $7,012,134 at December 31, 2015, is associated with the Company’s foreign net operating loss carryforward from an inactive foreign entity which is unlikely to be realized in future periods. The amount of deferred tax assets considered realizable is subject to adjustment in future periods if estimates of future taxable income are changed. As of December 31, 2015, management believes that is more likely than not that the Company will fully realize the benefits of its deferred tax assets associated with its domestic net operating loss carryforward. The Company files income tax returns in its U.S. (federal and state of New Jersey) taxing jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal and state tax examinations in its major tax jurisdictions for periods before 2012. The Company does not have any significant unrecognized tax positions and does not anticipate significant increase or decrease in unrecognized tax positions within the next twelve months.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 - COMMITMENTS AND CONTINGENCIES: Warranties: The Company typically provides one-year warranties on all of its products covering both parts and labor. The Company, at its option, repairs or replaces products that are defective during the warranty period if the proper preventive maintenance procedures have been followed by its customers. Historically, warranty expense within the Company has been minimal. Operating Leases: The Company leases a 45,700 square foot facility located in Hanover Township, Parsippany, New Jersey, which is currently being used as its principal corporate headquarters and manufacturing plant. The Company is also responsible for its proportionate share of the cost of utilities, repairs, taxes, and insurance. In May 2015, the Company and its landlord entered into an amendment to the existing lease agreement to remain at its principal corporate headquarters in Hanover Township, Parsippany, New Jersey through March 31, 2023. Monthly lease payments range from approximately $33,000 in year one to approximately $41,000 in year eight. Additionally, the Company has available an allowance of approximately $300,000 towards alterations and improvements to the premises through November 30, 2016. The lease can be renewed at the Company’s option for one five-year period at fair market value to be determined at term expiration. The future minimum lease payments are shown below: 2016 408,872 2017 421,138 2018 433,772 2019 446,786 2020 460,189 Thereafter 1,085,160 $ 3,255,917 Rent expense, inclusive of common area maintenance charges, for the years ended December 31, 2015 and 2014 was $542,218 and $487,857, respectively. The Company leases certain equipment under operating lease arrangements. These operating leases expire in various years through 2018. All leases may be renewed at the end of their respective leasing periods. Future payments relative to continuing operations consist of the following at December 31, 2015: 2016 $ 63,775 2017 63,775 2018 58,461 $ 186,011 Additionally, in 2015 and 2014, the Company entered into Lease agreements for production test equipment at various dates through October 2016. The remaining lease obligation for this equipment was approximately $74,000 at December 31, 2015. The following is a summary of the Company’s contractual obligations as of December 31, 2015: Table of Contractual Obligations Payments by Period Less than More than Total 1 Year 1-3 Years 4-5 Years 5 Years Facility Leases $ 3,255,917 $ 408,872 $ 1,301,696 $ 934,184 $ 611,165 Operating and Equipment Leases 186,011 63,775 122,236 — — $ 3,441,928 $ 472,647 $ 1,423,932 $ 934,184 $ 611,165 Environmental Contingencies: In 1982, Boonton and the New Jersey Department of Environmental Protection (the “NJDEP”) agreed upon a plan to correct ground water contamination at the site, located in the township of Parsippany-Troy Hills, pursuant to which wells have been installed by Boonton. The plan contemplates that the wells will be operated and that soil and water samples will be taken and analyzed until such time that contamination levels are satisfactory to the NJDEP. In 2014, the Company received approval for a groundwater permit from the NJDEP to carry out the final Remedial Action Work Plan and report. Under the final phase of the Remedial Action Work Plan, there will be limited and reduced monitoring and testing as long as concentrations at the site continue on a decreasing trend. Expenditures incurred by the Company during the year ended December 31, 2015 and 2014 in connection with the site amounted to approximately $22,000 and $78,000, respectively. While management anticipates that the expenditures in connection with this site will not be substantial in future years, the Company could be subject to significant future liabilities and may incur significant future expenditures if further contaminants from Boonton’s testing are identified and the NJDEP requires additional remediation activities. Management is unable to estimate future remediation costs, if any, at this time. The Company will continue to be liable under the plan, in all future years, until such time as the NJDEP releases it from all obligations applicable thereto. At this time, the Company believes that it is in material compliance with all environmental laws, does not anticipate any material expenditure to meet current or pending environmental requirements, and generally believes that its processes and products do not present any unusual environmental concerns. Besides the matter referred to above with the NJDEP, the Company is unaware of any existing, pending or threatened contingent liability that may have a material adverse effect on its ongoing business operations. Line of Credit: The Company maintains a line of credit with an investment bank. The credit facility provides borrowing availability of up to 100% of the Company’s money market account balance and 99% of the Company’s short-term investment securities and, under the terms and conditions of the loan agreement, is fully secured by said money fund account and any short-term investment holdings. Advances under the facility will bear interest at a variable rate equal to the London InterBank Offered Rate (“LIBOR”) in effect at time of borrowing. Additionally, under the terms and conditions of the loan agreement, there is no annual fee and any amount outstanding under the loan facility may be paid at any time in whole or in part without penalty. As of December 31, 2015, the Company had no borrowings outstanding under the facility and approximately $4,500,000 of borrowing availability. The Company believes cash generated from operations will adequately meet near-term working capital requirements. Risks and Uncertainties: Proprietary information and know-how are important to the Company’s commercial success. There can be no assurance that others will not either develop independently the same or similar information or obtain and use proprietary information of the Company. Certain key employees have signed confidentiality and non-compete agreements regarding the Company’s proprietary information. The Company believes that its products do not infringe the proprietary rights of third parties. There can be no assurance, however, that third parties will not assert infringement claims in the future.

SELECTED QUARTERLY FINANCIAL DA

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information [Text Block]	NOTE 11 - SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED): The following is a summary of selected quarterly financial data from operations (in thousands, except per share amounts). 2015 Quarter 1 st 2 nd 3 rd 4 th Net sales $ 8,628 $ 8,213 $ 8,339 $ 7,929 Gross profit 3,864 3,566 3,623 3,775 Operating income 339 148 162 98 Net income 194 84 75 24 Diluted net income per share $ .01 $ .01 $ .00 $ .00 2014 Quarter 1 st 2 nd 3 rd 4 th Net sales $ 9,185 $ 10,439 $ 11,372 $ 9,341 Gross profit 4,266 4,930 5,765 4,083 Operating income 802 1,268 2,126 483 Net income 440 716 983 285 Diluted net income per share $ .02 $ .03 $ .05 $ .01

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Organization and Basis of Presentation: Wireless Telecom Group, Inc. and Subsidiaries (collectively, the “Company”) develop and manufacture a wide variety of electronic noise sources, testing and measurement instruments and high-power, passive microwave components, which it sells to customers throughout the United States and worldwide through its foreign sales corporation and foreign distributors to commercial and government customers in the electronics industry. The consolidated financial statements include the accounts of Wireless Telecom Group, Inc., which operates one of its product lines under the trade name Noise Com, Inc. (“Noisecom”), and its wholly-owned subsidiaries, Boonton Electronics Corporation (“Boonton”), Microlab/FXR (“Microlab”), WTG Foreign Sales Corporation and NC Mahwah, Inc. All intercompany transactions are eliminated in consolidation. The Company discloses its operations in two reportable segments, network solutions and test and measurement. The network solutions segment is comprised primarily of the operations of Microlab. The test and measurement segment is comprised primarily of the operations of Boonton and Noisecom.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates: The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. The most significant estimates and assumptions include management’s analysis in support of realization of the Company’s deferred tax asset, accounting for performance-based stock options, inventory reserves and allowance for doubtful accounts.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Credit Risk, Purchases and Fair Value: Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and accounts receivable. The Company maintains significant cash investments primarily with two financial institutions, which at times may exceed federally insured limits. The Company performs periodic evaluations of the relative credit rating of these institutions as part of its investment strategy. The Company has limited concentration of credit risk in accounts receivable due to the large number of entities comprising our customer base and their dispersion across many different industries and geographies. Credit evaluations are performed on customers requiring credit over a certain amount. Credit risk is mitigated to a lesser extent through collateral such as letters of credit, bank guarantees or payment terms like cash in advance. Credit evaluation is performed independent of the Company’s sales team to ensure segregation of duties. For the year ended December 31, 2015, no single customer accounted for 10% or more of the Company’s total consolidated sales. For the year ended December 31, 2014, one customer accounted for approximately 10% of total consolidated sales. At December 31, 2015, no single customer represented 10% or more of the Company’s gross accounts receivable balance. At December 31, 2014, one customer represented 11% of the Company’s gross accounts receivable balance. For the year ended December 31 2015, two third-party suppliers each accounted for approximately 10% of the Company’s total consolidated inventory purchases. For the year ended December 31, 2014, two third-party suppliers each accounted for 12% of the Company’s total consolidated inventory purchases. No other third-party supplier accounted for 10% or more of the Company’s total consolidated inventory purchases for either of the years ended 2015 or 2014. The carrying amounts of cash and cash equivalents, trade receivables, prepaid expenses and other current assets, accounts payable and accrued expenses and other current liabilities approximate fair value due to the short-term nature of these instruments.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents: The Company considers all highly liquid investments purchased with maturities of three months or less at the date of purchase to be cash equivalents. Cash and cash equivalents consist of operating and money market accounts. The Company classifies investments as short-term investments if their original or remaining maturities are greater than three months and their remaining maturities are one year or less. As of December 31, 2015, substantially all of the Company’s investments consisted of cash and cash equivalents.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Accounts Receivable and allowance for doubtful accounts: Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. Estimated allowances for doubtful accounts are reviewed periodically taking into account the customer’s recent payment history, the customer’s current financial statements and other information regarding the customer’s credit worthiness. Account balances are charged off against the allowance when it is determined the receivable will not be recovered.
Inventory, Policy [Policy Text Block]	Inventories: Raw material inventories are stated at the lower of cost (first-in, first-out method) or market. Finished goods and work-in-process are valued at average cost of production, which includes material, labor and manufacturing expenses. The Company maintains reserves to reduce the value of inventory to the lower of cost or market and reserves for excess and obsolete inventory. The Company reviews inventory for excess and obsolescence based on its best estimates of future demand, product lifecycle status and product development plans. The Company uses historical information along with those future estimates to reduce the inventory cost basis to its estimated realizable value. Inventory carrying value is net of inventory reserves of $1,110,288 and $1,037,247 as of December 31, 2015 and 2014, respectively. Inventories consist of: December 31, 2015 2014 Raw materials $ 3,993,052 $ 4,161,734 Work-in-process 628,140 735,364 Finished goods 3,447,536 3,643,979 $ 8,068,728 $ 8,541,077
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment: Property, plant and equipment are reflected at cost, less accumulated depreciation. Depreciation and amortization are provided on a straight-line basis over the following useful lives: Minimum Maximum Machinery and equipment 5 years 10 years Furniture and fixtures 5 years 10 years Transportation equipment 3 years 5 years Leasehold improvements are amortized over the remaining term of the lease and reflect the estimated life of the improvements. Repairs and maintenance are charged to operations as incurred; renewals and betterments are capitalized.
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill: Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in a purchase business combination. Goodwill is not amortized but rather is reviewed for impairment at least annually, or more frequently if a triggering event occurs. Management first makes a qualitative assessment of whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount before applying the two-step goodwill impairment test. If, based on the qualitative assessment it is more-likely-than-not, the estimated fair value of a reporting unit is well in excess of its carrying amount, management will not perform any quantitative assessment. If, however, the conclusion is that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, management then performs a two-step goodwill impairment test. Under the first step, the fair value of the reporting unit is compared with its carrying value, and, if an indication of goodwill impairment exists for the reporting unit, the Company must perform step two of the impairment test (measurement). Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill as determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation. The residual fair value after this allocation is the implied fair value of the reporting unit goodwill. If the fair value of the reporting unit exceeds its carrying value, step two does not need to be performed. The Company’s goodwill balance of $1,351,392 at December 31, 2015 and 2014 relates to one of the Company’s reporting units, Microlab. Management’s qualitative assessment performed in the fourth quarters of 2015 and 2014 did not indicate any impairment of Microlab’s goodwill as its fair value is estimated to be in excess of its carrying value.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of long-lived assets: Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted cash flows resulting from the use of the assets and its eventual disposition. Measurement of an impairment loss for long-lived assets that management expects to hold for sale is based on the fair value of the assets. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition: Revenue from product shipments, including shipping and handling fees, is recognized once delivery has occurred provided that persuasive evidence of an arrangement exists, the price is fixed or determinable, and collectability is reasonably assured. Delivery is considered to have occurred when title and risk of loss have transferred to the customer. Sales to international distributors are recognized in the same manner. If title does not pass until the product reaches the customer’s delivery site, then recognition of revenue is deferred until that time. There are no formal sales incentives offered to any of the Company’s customers. Volume discounts may be offered from time to time to customers purchasing large quantities on a per transaction basis. There are no special post shipment obligations or acceptance provisions that exist with any sales arrangements.
Research and Development Expense, Policy [Policy Text Block]	Research and Development Costs: Research and development costs are charged to operations when incurred. The amounts charged to operations for the years ended December 31, 2015 and 2014 were $3,957,274 and $3,379,920, respectively.
Advertising Costs, Policy [Policy Text Block]	Advertising Costs: Advertising expenses are charged to operations during the year in which they are incurred and aggregated $210,940 and $226,593 for the years ended December 31, 2015 and 2014, respectively.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation: The Company follows the provisions of ASC 718, “Share-Based Payment” which requires that compensation expense be recognized, based on the fair value of the stock awards less estimated forfeitures. The fair value of the stock awards is equal to the fair value of the Company’s stock on the date of grant. The fair value of options at the date of grant was estimated using the Black-Scholes option pricing model. When performance-based options are granted, the Company takes into consideration guidance under ASC 718 and SEC Staff Accounting Bulletin No. 107 (SAB 107) when determining assumptions. The expected option life is derived from assumed exercise rates based upon historical exercise patterns and represents the period of time that options granted are expected to be outstanding. The expected volatility is based upon historical volatility of our shares using weekly price observations over an observation period that approximates the expected life of the options. The risk-free rate is based on the U.S. Treasury yield curve rate in effect at the time of grant for periods similar to the expected option life. The estimated forfeiture rate included in the option valuation is based on our past history of forfeitures. Due to the limited amount of forfeitures in the past, the Company’s estimated forfeiture rate has been zero. Management estimates are necessary in determining compensation expense for stock options with performance-based vesting criteria. Compensation expense for this type of stock-based award is recognized over the period from the date the performance conditions are determined to be probable of occurring through the implicit service period, which is the date the applicable conditions are expected to be met. If the performance conditions are not considered probable of being achieved, no expense is recognized until such time as the performance conditions are considered probable of being met, if ever. If the award is forfeited because the performance condition is not satisfied, previously recognized compensation cost is reversed. Management evaluates performance conditions on a quarterly basis.
Income Tax, Policy [Policy Text Block]	Income Taxes: The Company records deferred taxes in accordance with ASC 740, “Accounting for Income Taxes”. This ASC requires recognition of deferred tax assets and liabilities for temporary differences between tax basis of assets and liabilities and the amounts at which they are carried in the financial statements, based upon the enacted rates in effect for the year in which the differences are expected to reverse. The Company establishes a valuation allowance when necessary to reduce deferred tax assets to the amount expected to be realized. The Company periodically assesses the value of its deferred tax asset, a majority of which has been generated by a history of net operating losses and determines the necessity for a valuation allowance. The Company evaluates which portion, if any, will more likely than not be realized by offsetting future taxable income, taking into consideration any limitations that may exist on its use of its net operating loss carry-forwards. Under ASC 740, the Company must recognize and disclose uncertain tax positions only if it is more-likely-than-not the tax position will be sustained on examination by the taxing authority, based on the technical merits of the position. The amounts recognized in the financial statements attributable to such position, if any, are recorded if there is a greater than 50% likelihood of being realized upon the ultimate resolution of the position. The Company has analyzed its filing positions in all of the federal and state jurisdictions where it is required to file income tax returns. As of December 31, 2015 and 2014, the Company has identified its federal tax return and its state tax return in New Jersey as “major” tax jurisdictions, as defined, in which it is required to file income tax returns. Based on the evaluations noted above, the Company has concluded that there are no significant uncertain tax positions requiring recognition or disclosure in its consolidated financial statements. Based on a review of tax positions for all open years as set out in the Company’s notes to the consolidated financial statements, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740 during the years ended December 31, 2015 and 2014.
Earnings Per Share, Policy [Policy Text Block]	Income Per Common Share: Basic income per share is calculated by dividing income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted income per share is calculated by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period and, when dilutive, potential shares from stock options and warrants to purchase common stock, using the treasury stock method. In accordance with ASC 260, “Earnings Per Share”, the following table reconciles basic shares outstanding to fully diluted shares outstanding. Years Ended December 31, 2015 2014 Weighted average number of common shares outstanding — Basic 19,335,768 20,446,867 Potentially dilutive common stock equivalents 1,042,372 1,353,833 Weighted average number of common and equivalent shares outstanding-Diluted 20,378,140 21,800,700 Common stock equivalents are included in the diluted income per share calculation only when option exercise prices are lower than the average market price of the common shares for the period presented. The weighted average number of common stock equivalents not included in diluted income per share, because the effects are anti-dilutive, was 1,829,271 and 1,612,948 for 2015 and 2014, respectively.
Subsequent Events, Policy [Policy Text Block]	Subsequent events: The Company has evaluated subsequent events and has determined that there were no subsequent events or transactions requiring recognition or disclosure in the consolidated financial statements.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Affecting the Company: In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02 “Leases” During the fourth quarter of 2015, the Company adopted ASU 2015-17, “ Balance Sheet Classification of Deferred Taxes,” In July 2015, the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory.” In June 2014, the FASB issued ASU 2014-12, “Compensation-Stock Compensation” In May 2014, the FASB issued ASU 2014-09 “Revenue from Contracts with Customers” Management does not believe there are any other recently issued, but not yet effective accounting pronouncements, if adopted, that would have a material effect on the accompanying consolidated financial statements.
Reclassification, Policy [Policy Text Block]	Reclassifications: Certain information from the prior year’s presentation has been reclassified to conform to the current year’s reporting presentation.

DESCRIPTION OF COMPANY AND SU20

DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories consist of: December 31, 2015 2014 Raw materials $ 3,993,052 $ 4,161,734 Work-in-process 628,140 735,364 Finished goods 3,447,536 3,643,979 $ 8,068,728 $ 8,541,077
Property Plant and Equipment Estimated Useful Lives [Table Text Block]	Depreciation and amortization are provided on a straight-line basis over the following useful lives: Minimum Maximum Machinery and equipment 5 years 10 years Furniture and fixtures 5 years 10 years Transportation equipment 3 years 5 years
Schedule of Weighted Average Number of Shares [Table Text Block]	The following table reconciles basic shares outstanding to fully diluted shares outstanding. Years Ended December 31, 2015 2014 Weighted average number of common shares outstanding — Basic 19,335,768 20,446,867 Potentially dilutive common stock equivalents 1,042,372 1,353,833 Weighted average number of common and equivalent shares outstanding-Diluted 20,378,140 21,800,700

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment, consist of the following 2015 2014 Machinery and equipment $ 5,532,832 $ 5,053,575 Furniture and fixtures 124,943 123,808 Transportation equipment 158,549 157,677 Leasehold improvements 984,105 984,105 6,800,429 6,319,165 Less: accumulated depreciation 5,057,541 4,629,876 $ 1,742,888 $ 1,689,289

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Schedule of Other Assets [Table Text Block]	Other assets consist of the following as of December 31: 2015 2014 Product demo assets $ 680,298 $ 694,758 Security deposit 50,000 50,000 Miscellaneous 35,032 7,753 Total $ 765,330 $ 752,511

ACCRUED EXPENSES AND OTHER CU23

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Accrued expenses and other current liabilities consist of the following 2015 2014 Commissions $ 211,051 $ 94,751 Payroll and related benefits 192,902 911,215 Sales and use tax 114,806 79,339 Professional fees 65,055 51,856 Goods received not invoiced 2,986 123,683 Other 61,210 46,199 Total $ 648,010 $ 1,307,043

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2015
SHAREHOLDERS' EQUITY (Tables) [Line Items]
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]	The following summarizes the components of stock-based compensation expense by equity instrument for the years ended December 31: 2015 2014 Service-Based Restricted Common Stock $ 210,600 $ 180,133 Performance-Based Stock Options 85,205 146,838 Performance-Based Restricted Common Stock 16,971 29,954 Total Share-Based Compensation Expense $ 312,776 $ 356,925
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]	The performance-based and service-based stock options outstanding and exercisable as of December 31, 2015 are summarized as follows: Weighted average Options Options Weighted average exercise price Outstanding Exercisable remaining life Performance-based $ 1.32 1,965,000 1,090,000 5.4 years Service-based $ 2.23 523,000 378,000 2.7 years 2,488,000 1,468,000
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	A summary of the status of the Company’s non-vested restricted common stock, as granted under the Company’s approved stock compensation plan, as of December 31, 2015 and 2014, and changes during the years ended December 31, 2015 and 2014 are presented below: Weighted Average Grant Date Non-vested Shares Number of Shares Fair Value Non-vested at January 1, 2014 220,000 $ 1.63 Granted 80,000 $ 2.49 Vested (113,334 ) $ 1.51 Forfeited (6,666 ) $ 1.51 Non-vested at December 31, 2014 180,000 $ 2.09 Granted 100,000 $ 2.22 Vested (80,000 ) $ 2.49 Forfeited (13,000 ) $ 1.77 Non-vested at December 31, 2015 187,000 $ 2.01
Performance Based Restricted Common Stock Awards [Member]
SHAREHOLDERS' EQUITY (Tables) [Line Items]
Schedule of Restricted Stock Awards Granted [Table Text Block]	The following tables summarize the restricted common stock awards granted to certain directors, officers and employees of the Company during the years ended December 31, 2015 and 2014 under the 2012 Plan: Year ended December 31, 2015 Individuals Number Fair Market Vesting Date Board of Directors 100,000 $ 2.22 Next Annual Meeting (June 2016) Year ended December 31, 2014 Individuals Number Fair Market Vesting Date Board of Directors 80,000 $ 2.49 Annual Meeting (June 2015)
Performance Based Stock Options [Member]
SHAREHOLDERS' EQUITY (Tables) [Line Items]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of performance-based stock option activity, and related information for the years ended December 31 2015 and 2014 follows: Weighted Average Options Exercise Price Outstanding, January 1, 2014 2,250,000 $ 1.28 Granted — — Vested — — Exercised (180,000 ) $ 0.78 Forfeited — — Expired — — Outstanding, December 31, 2014 2,070,000 $ 1.33 Granted 50,000 $ 1.83 Vested — — Exercised (30,000 ) $ 0.78 Forfeited (125,000 ) $ 1.77 Expired — — Outstanding, December 31, 2015 1,965,000 $ 1.32 Options exercisable: December 31, 2014 1,120,000 $ 0.95 December 31, 2015 1,090,000 $ 0.96
Service Based Stock Options [Member]
SHAREHOLDERS' EQUITY (Tables) [Line Items]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of service-based stock option activity, and related information for the years ended December 31, follows: Weighted Average Options Exercise Price Outstanding, January 1, 2014 787,000 $ 2.65 Granted — — Vested — — Exercised (25,000 ) $ 2.60 Forfeited — — Expired (240,000 ) $ 2.96 Outstanding, December 31, 2014 522,000 $ 2.51 Granted 145,000 $ 1.30 Vested — — Exercised — — Forfeited (120,000 ) $ 2.28 Expired (24,000 ) $ 2.55 Outstanding, December 31, 2015 523,000 $ 2.23 Options exercisable: December 31, 2014 522,000 $ 2.51 December 31, 2015 378,000 $ 2.58

SEGMENT AND RELATED INFORMATI25

SEGMENT AND RELATED INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Schedule Of Segment Reporting Financial Information Including Total Assets By Segment [Table Text Block]	Financial information by reportable segment as of and for the years ended December 31, 2015 and 2014 is presented below: 2015 2014 Net sales by segment: Network solutions $ 21,534,831 $ 28,211,609 Test and measurement 11,574,275 12,125,759 Total consolidated net sales and net sales of reportable segments $ 33,109,106 $ 40,337,368 Segment income: Network solutions $ 3,290,220 $ 7,555,578 Test and measurement 729,090 1,085,357 Income from reportable segments 4,019,310 8,640,935 Other unallocated amounts: Corporate expenses (3,272,271 ) (3,961,933 ) Other expense - net (24,418 ) (90,132 ) Consolidated income from operations before income tax provision $ 722,621 $ 4,588,870 Depreciation by segment: Network solutions $ 225,194 $ 155,015 Test and measurement 233,439 215,256 Total depreciation for reportable segments $ 458,633 $ 370,271 Capital expenditures by segment (a): Network solutions $ 371,718 $ 202,934 Test and measurement 91,710 97,767 Total consolidated capital expenditures by reportable segment $ 463,428 $ 300,701 Total assets by segment: Network solutions $ 10,638,961 $ 11,088,332 Test and measurement 7,153,310 7,006,853 Total assets for reportable segments 17,792,271 18,095,185 Corporate assets, principally cash and cash equivalents and deferred and current taxes 16,914,053 18,193,737 Total consolidated assets $ 34,706,324 $ 36,288,922 (a) Net of equipment lease payable of $48,804 for 2015 (test and measurement segment) and $149,432 for 2014 (network solutions segment).
Schedule Of Net Consolidated Sales By Region [Table Text Block]	Net consolidated sales from operations by region were as follows: For the Years Ended December 31, 2015 2014 Americas $ 24,946,340 $ 30,480,266 Europe, Middle East, Africa (EMEA) 5,885,975 7,248,171 Asia Pacific (APAC) 2,276,791 2,608,931 $ 33,109,106 $ 40,337,368

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The components of income tax expense related to income from operations are as follows: Years Ended December 31 , 2015 2014 Current: Federal $ 5,272 $ 84,073 State 64,948 452,807 Deferred: Federal 244,737 1,373,732 State 30,983 254,106 $ 345,940 $ 2,164,718
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The following is a reconciliation of the maximum statutory federal tax rate to the Company’s effective tax relative to operations: Years Ended December 31, 2015 2014 % of Pre Tax Earnings % of Statutory federal income tax rate 34.0 % 34.0 % State income tax net of federal tax benefit 9.6 8.7 Under accrual 2.3 3.0 Permanent differences 1.8 0.3 Other 0.2 1.2 47.9 % 47.2 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The components of deferred income taxes are as follows: December 31, 2015 2014 Deferred tax assets: Uniform capitalization of inventory costs for tax purposes $ 158,599 $ 168,119 Reserves on inventories 444,115 414,898 Accruals 10,000 240,000 Tax effect of goodwill (507,524 ) (471,487 ) Book depreciation over tax (43,514 ) (17,699 ) Other timing differences 105,725 20,568 Net operating loss carryforward 13,858,662 13,947,384 14,026,063 14,301,783 Valuation allowance for deferred tax assets (7,012,134 ) (7,012,134 ) $ 7,013,929 $ 7,289,649

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	The future minimum lease payments are shown below: 2016 408,872 2017 421,138 2018 433,772 2019 446,786 2020 460,189 Thereafter 1,085,160 $ 3,255,917
Operating Leases of Lessee Disclosure [Table Text Block]	Future payments relative to continuing operations consist of the following at December 31, 2015 2016 $ 63,775 2017 63,775 2018 58,461 $ 186,011
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	The following is a summary of the Company’s contractual obligations as of December 31, 2015: Table of Contractual Obligations Payments by Period Less than More than Total 1 Year 1-3 Years 4-5 Years 5 Years Facility Leases $ 3,255,917 $ 408,872 $ 1,301,696 $ 934,184 $ 611,165 Operating and Equipment Leases 186,011 63,775 122,236 — — $ 3,441,928 $ 472,647 $ 1,423,932 $ 934,184 $ 611,165

SELECTED QUARTERLY FINANCIAL 28

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information [Table Text Block]	The following is a summary of selected quarterly financial data from operations (in thousands, except per share amounts). 2015 Quarter 1 st 2 nd 3 rd 4 th Net sales $ 8,628 $ 8,213 $ 8,339 $ 7,929 Gross profit 3,864 3,566 3,623 3,775 Operating income 339 148 162 98 Net income 194 84 75 24 Diluted net income per share $ .01 $ .01 $ .00 $ .00 2014 Quarter 1 st 2 nd 3 rd 4 th Net sales $ 9,185 $ 10,439 $ 11,372 $ 9,341 Gross profit 4,266 4,930 5,765 4,083 Operating income 802 1,268 2,126 483 Net income 440 716 983 285 Diluted net income per share $ .02 $ .03 $ .05 $ .01

DESCRIPTION OF COMPANY AND SU29

DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Dec. 31, 2015USD ($)shares	Dec. 31, 2014USD ($)shares
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Number of Reportable Segments	2
Number of Financial Institutions in Which Company Maintains Cash Investments	2
Number of significant customer respect to revenue	0	1
Inventory Valuation Reserves	$ 1,110,288	$ 1,037,247
Goodwill	1,351,392	1,351,392
Discount to Customers	0
Post Shipment Obligation Acceptances Provisions	0
Research and Development Expense	3,957,274	3,379,920
Advertising Expense	210,940	226,593
Share Based Compensation Performance Condition Not Achieved	$ 0
Percentage of Largest Benefit to Tax Benefits Recognized	50.00%
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	$ 0	$ 0
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | shares	1,829,271	1,612,948
Deferred Tax Assets Adjustment from Current to Non Current		$ 2,026,269
Deferral Effective Period	1 year
No Customer [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Concentration Risk, Percentage	10.00%
Number of Significant Customer Respect to Accounts Receivable	0
Percentage Of Accounts Receivable Attributable To Significant Customer	10.00%
Customer One [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Concentration Risk, Percentage		10.00%
Number of Significant Customer Respect to Accounts Receivable		1
Percentage Of Accounts Receivable Attributable To Significant Customer		11.00%
Two Third Party Supplier [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Percentage Of Inventory	10.00%	12.00%
No Other Third Party Supplier [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Percentage Of Inventory	10.00%

DESCRIPTION OF COMPANY AND SU30

DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Schedule of inventory current - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule of inventory current [Abstract]
Raw materials	$ 3,993,052	$ 4,161,734
Work-in-process	628,140	735,364
Finished goods	3,447,536	3,643,979
	$ 8,068,728	$ 8,541,077

DESCRIPTION OF COMPANY AND SU31

DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Property, plant and equipment, useful lives	12 Months Ended
	Dec. 31, 2015
Minimum [Member] | Machinery and Equipment [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Property, plant and equipment, useful lives [Line Items]
Useful Life	5 years
Minimum [Member] | Furniture and Fixtures [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Property, plant and equipment, useful lives [Line Items]
Useful Life	5 years
Minimum [Member] | Transportation Equipment [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Property, plant and equipment, useful lives [Line Items]
Useful Life	3 years
Maximum [Member] | Machinery and Equipment [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Property, plant and equipment, useful lives [Line Items]
Useful Life	10 years
Maximum [Member] | Furniture and Fixtures [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Property, plant and equipment, useful lives [Line Items]
Useful Life	10 years
Maximum [Member] | Transportation Equipment [Member]
DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Property, plant and equipment, useful lives [Line Items]
Useful Life	5 years

DESCRIPTION OF COMPANY AND SU32

DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Schedule of weighted average number of shares - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of weighted average number of shares [Abstract]
Weighted average number of common shares outstanding — Basic	19,335,768	20,446,867
Potentially dilutive common stock equivalents	1,042,372	1,353,833
Weighted average number of common and equivalent shares outstanding-Diluted	20,378,140	21,800,700

PROPERTY, PLANT AND EQUIPMENT33

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Depreciation	$ 458,633	$ 370,271

PROPERTY, PLANT AND EQUIPMENT34

PROPERTY, PLANT AND EQUIPMENT (Details) - Property, Plant and Equipment - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	$ 6,800,429	$ 6,319,165
Less: accumulated depreciation	5,057,541	4,629,876
	1,742,888	1,689,289
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	5,532,832	5,053,575
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	124,943	123,808
Transportation Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	158,549	157,677
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	$ 984,105	$ 984,105

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Disclosure Text Block Supplement [Abstract]
Other inventory demo reserve	$ 872,012	$ 744,904

OTHER ASSETS (Details) - Other

OTHER ASSETS (Details) - Other assets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Other Assets [Abstract]
Product demo assets	$ 680,298	$ 694,758
Security deposit	50,000	50,000
Miscellaneous	35,032	7,753
Total	$ 765,330	$ 752,511

ACCRUED EXPENSES AND OTHER CU37

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) - Accrued Expenses and Other Current Liabilities - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Accrued Expenses and Other Current Liabilities [Abstract]
Commissions	$ 211,051	$ 94,751
Payroll and related benefits	192,902	911,215
Sales and use tax	114,806	79,339
Professional fees	65,055	51,856
Goods received not invoiced	2,986	123,683
Other	61,210	46,199
Total	$ 648,010	$ 1,307,043

STOCK REPURCHASE (Details)

STOCK REPURCHASE (Details) - USD ($)	1 Months Ended			12 Months Ended
	Jan. 31, 2016	Dec. 31, 2015	Apr. 30, 2014	Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2015
STOCK REPURCHASE (Details) [Line Items]
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased						1,200,000
Stock Repurchase Program, Number of Shares Authorized to be Repurchased		977,447	4,815,110	977,447
Payments For Repurchase Of Treasury Stock (in Dollars)		$ 1,438,771	$ 9,630,219	$ 1,438,771	$ 9,630,219
Sale of Stock, Price Per Share (in Dollars per share)		$ 1.47	$ 2	$ 1.47
Subsequent Event [Member]
STOCK REPURCHASE (Details) [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	42,995
Payments For Repurchase Of Treasury Stock (in Dollars)	$ 65,467
Sale of Stock, Price Per Share (in Dollars per share)	$ 1.52

SHAREHOLDERS' EQUITY (Details)

SHAREHOLDERS' EQUITY (Details)	Sep. 08, 2015$ / sharesshares	Nov. 19, 2015$ / sharesshares	Sep. 30, 2015USD ($)$ / shares	Jun. 30, 2015USD ($)$ / sharesshares	Aug. 31, 2013USD ($)$ / shares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / shares	Dec. 31, 2013shares
SHAREHOLDERS' EQUITY (Details) [Line Items]
Stock or Units Available for Distributions (in Shares) | shares						2,000,000
Share Based Compensation Arrangement By Share Based Payment Award Additional Number Of Shares Available For Grant (in Shares) | shares						1,658,045
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares) | shares						2,238,500
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period						10 years
Share Based Compensation Arrangement by Share Based Payment Award Maximum Period Consider for Option Fully Exercisable						5 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ / shares	$ 1.03	$ 0.75
Allocated Share-based Compensation Expense						$ 312,776	$ 356,925
Share-based Compensation						$ 312,776	$ 356,925
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.00%	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	1.53%	1.68%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	4 years	4 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	75.46%	78.22%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum	0.00%	0.00%
Non Executive Officer [Member]
SHAREHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | shares	50,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $ / shares	$ 1.83
Restricted Stock [Member]
SHAREHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				1 year
Share Based Compensation Arrangement by Share Based Payment Award Equity Instruments Other Than Options Grants in Period to Each Director (in Shares) | shares				100,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ / shares				$ 2.22		$ 2.22	$ 2.49
Allocated Share-based Compensation Expense				$ 222,000		$ 210,600	$ 180,133
Share-based Compensation						5,989
Adjustments to Additional Paid in Capital, Share-based Compensation, Restricted Stock Unit or Restricted Stock Award, Requisite Service Period Recognition						218,064
Stock Based Compensation to be Amortized Next Fiscal Year						$ 111,000
Stock Based Compensation to be Amortized Vesting Period						June 2,016
Stock Based Compensation to be Amortized Depending on Certain Performance Conditions						$ 107,064
Performance Based Stock Options [Member]
SHAREHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted (in Shares) | shares						1,090,000		100,000
Share-based Compensation						$ 85,205	146,838
Adjustments to Additional Paid in Capital, Share-based Compensation, Restricted Stock Unit or Restricted Stock Award, Requisite Service Period Recognition					$ 950,000
Stock Based Compensation to be Amortized Next Fiscal Year			$ 49,074		$ 523,926
Stock Based Compensation to be Amortized Depending on Certain Performance Conditions			$ 50,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value						846,350	2,690,050
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value						$ 42,300	320,850
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | shares						50,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $ / shares			$ 1.83		$ 1.77	$ 1.83
Performance Shares [Member]
SHAREHOLDERS' EQUITY (Details) [Line Items]
Allocated Share-based Compensation Expense						$ 85,205	146,838
Share-based Compensation						29,713
Service Based Stock Options [Member]
SHAREHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value						$ 0	102,640
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | shares		145,000				145,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $ / shares						$ 1.30
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value						$ 0	$ 1,250
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ / shares		$ 1.30
Number Of Equal Quarterly Installments Vested Awards						12
Terms of Equal Quarterly Installments Vested Awards						3 years
Service Based Stock Options [Member] | November 2015 Plan [Member]
SHAREHOLDERS' EQUITY (Details) [Line Items]
Adjustments to Additional Paid in Capital, Share-based Compensation, Restricted Stock Unit or Restricted Stock Award, Requisite Service Period Recognition						$ 145,000
Service Based Stock Options [Member] | September 2015 Plan [Member]
SHAREHOLDERS' EQUITY (Details) [Line Items]
Stock Based Compensation to be Amortized Next Fiscal Year						$ 109,386
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $ / shares						$ 1.30

SHAREHOLDERS' EQUITY (Details)

SHAREHOLDERS' EQUITY (Details) - Schedule of share-based compensation expense, components by equity type - USD ($)	1 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
SHAREHOLDERS' EQUITY (Details) - Schedule of share-based compensation expense, components by equity type [Line Items]
Share Based Compensation		$ 312,776	$ 356,925
Restricted Stock [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of share-based compensation expense, components by equity type [Line Items]
Share Based Compensation	$ 222,000	210,600	180,133
Performance Shares [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of share-based compensation expense, components by equity type [Line Items]
Share Based Compensation		85,205	146,838
Performance Based Restricted Common Stock Awards [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of share-based compensation expense, components by equity type [Line Items]
Share Based Compensation		$ 16,971	$ 29,954

SHAREHOLDERS' EQUITY (Details41

SHAREHOLDERS' EQUITY (Details) - Schedule of stock options outstanding and exercisable - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
SHAREHOLDERS' EQUITY (Details) - Schedule of stock options outstanding and exercisable [Line Items]
Options Outstanding	2,488,000
Options Exercisable	1,468,000
Performance Based Stock Options [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of stock options outstanding and exercisable [Line Items]
Weighted average exercise price (in Dollars per share)	$ 1.32	$ 1.33	$ 1.28
Options Outstanding	1,965,000	2,070,000	2,250,000
Options Exercisable	1,090,000	1,120,000
Weighted average remaining life	5 years 146 days
Service Based Stock Options [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of stock options outstanding and exercisable [Line Items]
Weighted average exercise price (in Dollars per share)	$ 2.23	$ 2.51	$ 2.65
Options Outstanding	523,000	522,000	787,000
Options Exercisable	378,000	522,000
Weighted average remaining life	2 years 255 days

SHAREHOLDERS' EQUITY (Details42

SHAREHOLDERS' EQUITY (Details) - Schedule of restricted common stock awards granted - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
SHAREHOLDERS' EQUITY (Details) - Schedule of restricted common stock awards granted [Line Items]
Number of Shares Granted	100,000	80,000
Board Of Directors [Member] | Performance Based Restricted Common Stock Awards [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of restricted common stock awards granted [Line Items]
Number of Shares Granted	100,000	80,000
Fair Market Value per Granted Share	$ 2.22	$ 2.49
Vesting Date	Next Annual Meeting	Annual Meeting

SHAREHOLDERS' EQUITY (Details43

SHAREHOLDERS' EQUITY (Details) - Schedule of non-vested restricted stock activity - $ / shares	Sep. 08, 2015	Nov. 19, 2015	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
SHAREHOLDERS' EQUITY (Details) - Schedule of non-vested restricted stock activity [Line Items]
Weighted Average Grant Date Fair Value, Granted	$ 1.03	$ 0.75
Restricted Stock [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of non-vested restricted stock activity [Line Items]
Number of Shares, Non-vested				187,000	180,000	220,000
Weighted Average Grant Date Fair Value, Non-vested				$ 2.01	$ 2.09	$ 1.63
Number of Shares, Granted				100,000	80,000
Weighted Average Grant Date Fair Value, Granted			$ 2.22	$ 2.22	$ 2.49
Number of Shares, Vested				(80,000)	(113,334)
Weighted Average Grant Date Fair Value, Vested				$ 2.49	$ 1.51
Number of Shares, Forfeited				(13,000)	(6,666)
Weighted Average Grant Date Fair Value, Forfeited				$ 1.77	$ 1.51

SHAREHOLDERS' EQUITY (Details44

SHAREHOLDERS' EQUITY (Details) - Schedule of performance-based stock option activity, and related information - $ / shares	1 Months Ended		12 Months Ended
	Sep. 30, 2015	Aug. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
SHAREHOLDERS' EQUITY (Details) - Schedule of performance-based stock option activity, and related information [Line Items]
Options, Outstanding			2,488,000
Options exercisable:
Option, Options exercisable			1,468,000
Performance Based Stock Options [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of performance-based stock option activity, and related information [Line Items]
Options, Outstanding			1,965,000	2,070,000	2,250,000
Weighted Average Exercise Price, Outstanding			$ 1.32	$ 1.33	$ 1.28
Options, Granted			50,000
Weighted Average Exercise Price, Granted	$ 1.83	$ 1.77	$ 1.83
Options, Exercised			(30,000)	(180,000)
Weighted Average Exercise Price, Exercised			$ 0.78	$ 0.78
Options, Forfeited			(125,000)
Weighted Average Exercise Price, Forfeited			$ 1.77
Options exercisable:
Option, Options exercisable			1,090,000	1,120,000
Weighted Average Exercise Price, Options exercisable			$ 0.96	$ 0.95

SHAREHOLDERS' EQUITY (Details45

SHAREHOLDERS' EQUITY (Details) - Schedule of service-based stock option activity, and related information - $ / shares	1 Months Ended	12 Months Ended
	Nov. 19, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
SHAREHOLDERS' EQUITY (Details) - Schedule of service-based stock option activity, and related information [Line Items]
Options, Outstanding		2,488,000
Options exercisable:
Options, Balance		1,468,000
Service Based Stock Options [Member]
SHAREHOLDERS' EQUITY (Details) - Schedule of service-based stock option activity, and related information [Line Items]
Options, Outstanding		523,000	522,000	787,000
Weighted Average Exercise Price, Outstanding		$ 2.23	$ 2.51	$ 2.65
Options, Granted	145,000	145,000
Weighted Average Exercise Price, Granted		$ 1.30
Options, Exercised			(25,000)
Weighted Average Exercise Price, Exercised			$ 2.60
Options, Forfeited		(120,000)
Weighted Average Exercise Price, Forfeited		$ 2.28
Options, Expired		(24,000)	(240,000)
Weighted Average Exercise Price, Expired		$ 2.55	$ 2.96
Options exercisable:
Options, Balance		378,000	522,000
Weighted Average Exercise Price, Balance		$ 2.58	$ 2.51

SEGMENT AND RELATED INFORMATI46

SEGMENT AND RELATED INFORMATION (Details)	3 Months Ended								12 Months Ended
	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Number of Reportable Segments									2
Capital Lease Obligations Incurred (in Dollars)									$ 48,804	$ 149,432
Number of Third Party Supplier Related to Percentage of Consolidated Inventory Purchased									0	0
Entity-Wide Revenue, Major Sales Representative, Percentage									10.00%	10.00%
Revenue, Net (in Dollars)	$ 7,929,000	$ 8,339,000	$ 8,213,000	$ 8,628,000	$ 9,341,000	$ 11,372,000	$ 10,439,000	$ 9,185,000
Test and Measurement [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Capital Lease Obligations Incurred (in Dollars)									$ 48,804
Network Solutions [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Capital Lease Obligations Incurred (in Dollars)										$ 149,432
United States [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Revenue, Net (in Dollars)									23,040,410	$ 28,635,920
Israel [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Revenue, Net (in Dollars)									$ 1,667,854
Israel Percentage of EMEA [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Revenue, Net Percentage									28.00%	29.00%
ISRAEL
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Revenue, Net (in Dollars)										$ 2,109,089
Germany [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Revenue, Net (in Dollars)									$ 1,068,093	$ 1,257,457
German Percentage of EMEA [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Revenue, Net Percentage									18.00%	17.00%
China [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Revenue, Net (in Dollars)									$ 1,453,736	$ 1,227,352
Chinese Percentage of APAC [Member]
SEGMENT AND RELATED INFORMATION (Details) [Line Items]
Revenue, Net Percentage									64.00%	47.00%

SEGMENT AND RELATED INFORMATI47

SEGMENT AND RELATED INFORMATION (Details) - Schedule of Segment Reporting Financial Information Including Total Assets by Segment - USD ($)		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Net sales by segment:
Net sales by segment		$ 33,109,106	$ 40,337,368
Segment income:
Segment income		4,019,310	8,640,935
Other unallocated amounts:
Corporate expenses		(3,272,271)	(3,961,933)
Other expense - net		(24,418)	(90,132)
Consolidated income from operations before income tax provision		722,621	4,588,870
Depreciation by segment:
Depreciation by segment		458,633	370,271
Capital expenditures by segment (a):
Capital expenditures by segment		463,428	300,701
Total assets by segment:
Total assets by segment		17,792,271	18,095,185
Corporate assets, principally cash and cash equivalents and deferred and current taxes		16,914,053	18,193,737
Total consolidated assets		34,706,324	36,288,922
Network Solutions [Member]
Net sales by segment:
Net sales by segment		21,534,831	28,211,609
Segment income:
Segment income		3,290,220	7,555,578
Depreciation by segment:
Depreciation by segment		225,194	155,015
Capital expenditures by segment (a):
Capital expenditures by segment	[1]	371,718	202,934
Total assets by segment:
Total assets by segment		10,638,961	11,088,332
Test and Measurement [Member]
Net sales by segment:
Net sales by segment		11,574,275	12,125,759
Segment income:
Segment income		729,090	1,085,357
Depreciation by segment:
Depreciation by segment		233,439	215,256
Capital expenditures by segment (a):
Capital expenditures by segment	[1]	91,710	97,767
Total assets by segment:
Total assets by segment		7,153,310	7,006,853
Continuing Operations Only [Member]
Capital expenditures by segment (a):
Capital expenditures by segment	[1]	$ 463,428	$ 300,701
[1]	Net of equipment lease payable of $48,804 for 2015 (test and measurement segment) and $149,432 for 2014 (network solutions segment).

SEGMENT AND RELATED INFORMATI48

SEGMENT AND RELATED INFORMATION (Details) - Schedule of net consolidated sales from operations by region - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
SEGMENT AND RELATED INFORMATION (Details) - Schedule of net consolidated sales from operations by region [Line Items]
Revenues	$ 33,109,106	$ 40,337,368
Americas [Member]
SEGMENT AND RELATED INFORMATION (Details) - Schedule of net consolidated sales from operations by region [Line Items]
Revenues	24,946,340	30,480,266
Europe, Middle East, Africa [Member]
SEGMENT AND RELATED INFORMATION (Details) - Schedule of net consolidated sales from operations by region [Line Items]
Revenues	5,885,975	7,248,171
Asia Pacific [Member]
SEGMENT AND RELATED INFORMATION (Details) - Schedule of net consolidated sales from operations by region [Line Items]
Revenues	$ 2,276,791	$ 2,608,931

RETIREMENT PLAN (Details)

RETIREMENT PLAN (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Pension Contributions	$ 425,462	$ 428,242

INCOME TAXES (Details)

INCOME TAXES (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
INCOME TAXES (Details) [Line Items]
Operating Loss Carryforwards Expiration Period	2,029
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	$ 0
Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating Loss Carryforwards	17,100,000
Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating Loss Carryforwards	23,400,000
Operating Loss Carryforwards, Valuation Allowance	$ 7,012,134

INCOME TAXES (Details) - Schedu

INCOME TAXES (Details) - Schedule of income tax expense related to income from operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Current:
Federal	$ 5,272	$ 84,073
State	64,948	452,807
Deferred:
Federal	244,737	1,373,732
State	30,983	254,106
	$ 345,940	$ 2,164,718

INCOME TAXES (Details) - Sche52

INCOME TAXES (Details) - Schedule of reconciliation of the maximum statutory federal tax rate to the company's effective tax relative to operations	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of reconciliation of the maximum statutory federal tax rate to the company's effective tax relative to operations [Abstract]
Statutory federal income tax rate	34.00%	34.00%
State income tax net of federal tax benefit	9.60%	8.70%
Under accrual	2.30%	3.00%
Permanent differences	1.80%	0.30%
Other	0.20%	1.20%
	47.90%	47.20%

INCOME TAXES (Details) - Sche53

INCOME TAXES (Details) - Schedule of deferred tax assets and liabilities - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Uniform capitalization of inventory costs for tax purposes	$ 158,599	$ 168,119
Reserves on inventories	444,115	414,898
Accruals	10,000	240,000
Tax effect of goodwill	(507,524)	(471,487)
Book depreciation over tax	(43,514)	(17,699)
Other timing differences	105,725	20,568
Net operating loss carryforward	13,858,662	13,947,384
	14,026,063	14,301,783
Valuation allowance for deferred tax assets	(7,012,134)	(7,012,134)
	$ 7,013,929	$ 7,289,649

COMMITMENTS AND CONTINGENCIES54

COMMITMENTS AND CONTINGENCIES (Details)	12 Months Ended
	Dec. 31, 2015USD ($)ft²	Dec. 31, 2014USD ($)
Commitments and Contingencies Disclosure [Abstract]
Warranties Period of Product	1 year
Operating Leases Area (in Square Feet) | ft²	45,700
Lease Expiration Date	Mar. 31, 2023
Monthly Leases Minimum Payments Due In Year One	$ 33,000
Monthly Leases Maximum Payments Due In Year Eight	41,000
Allowance Received For Improvement	$ 300,000
Description of Lessor Leasing Arrangements, Operating Leases	The lease can be renewed at the Company’s option for one five-year period at fair market value to be determined at term expiration.
Lease Renewal Option	1
Lease Renewable Term	5 years
Lease Expense Included In Continuing Operations	$ 542,218	$ 487,857
Operating Leases, Rent Expense, Net	74,000
Litigation Settlement, Amount	$ 22,000	$ 78,000
Line of Credit Facility, Borrowing Capacity, Description	The Company maintains a line of credit with an investment bank. The credit facility provides borrowing availability of up to 100% of the Company’s money market account balance and 99% of the Company’s short-term investment securities and, under the terms and conditions of the loan agreement, is fully secured by said money fund account and any short-term investment holdings.
Line of Credit Availability Equal to Percent of Money Market Account	100.00%
Line of Credit Availability Equal to Percent of Short-term Investment	99.00%
Line Of Credit Annual Fees Amount	$ 0
Long-term Line of Credit	0
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,500,000

COMMITMENTS AND CONTINGENCIES55

COMMITMENTS AND CONTINGENCIES (Details) - Schedule of future minimum lease payments	Dec. 31, 2015USD ($)
Schedule of future minimum lease payments [Abstract]
2,016	$ 408,872
2,017	421,138
2,018	433,772
2,019	446,786
2,020	460,189
Thereafter	1,085,160
	$ 3,255,917

COMMITMENTS AND CONTINGENCIES56

COMMITMENTS AND CONTINGENCIES (Details) - Schedule of future lease payments relative to continuing operations	Dec. 31, 2015USD ($)
Schedule of future lease payments relative to continuing operations [Abstract]
2,016	$ 63,775
2,017	63,775
2,018	58,461
	$ 3,255,917

COMMITMENTS AND CONTINGENCIES57

COMMITMENTS AND CONTINGENCIES (Details) - Schedule of contractual obligations	Dec. 31, 2015USD ($)
COMMITMENTS AND CONTINGENCIES (Details) - Schedule of contractual obligations [Line Items]
Contractual Obligations, Total	$ 3,441,928
Contractual Obligations, Less than 1 Year	472,647
Contractual Obligations, 1-3 Years	1,423,932
Contractual Obligations, 4-5 Years	934,184
Contractual Obligations, More than 5 Years	611,165
Facility Lease [Member]
COMMITMENTS AND CONTINGENCIES (Details) - Schedule of contractual obligations [Line Items]
Contractual Obligations, Total	3,255,917
Contractual Obligations, Less than 1 Year	408,872
Contractual Obligations, 1-3 Years	1,301,696
Contractual Obligations, 4-5 Years	934,184
Contractual Obligations, More than 5 Years	611,165
Operating and Equipment Leases [Member]
COMMITMENTS AND CONTINGENCIES (Details) - Schedule of contractual obligations [Line Items]
Contractual Obligations, Total	186,011
Contractual Obligations, Less than 1 Year	63,775
Contractual Obligations, 1-3 Years	$ 122,236

SELECTED QUARTERLY FINANCIAL 58

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - Summary of selected quarterly financial data - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Summary of selected quarterly financial data [Abstract]
Net sales	$ 7,929,000	$ 8,339,000	$ 8,213,000	$ 8,628,000	$ 9,341,000	$ 11,372,000	$ 10,439,000	$ 9,185,000
Gross profit	3,775,000	3,623,000	3,566,000	3,864,000	4,083,000	5,765,000	4,930,000	4,266,000	$ 14,827,874	$ 19,043,693
Operating income	98,000	162,000	148,000	339,000	483,000	2,126,000	1,268,000	802,000	$ 747,039	$ 4,679,002
Net income	$ 24,000	$ 75,000	$ 84,000	$ 194,000	$ 285,000	$ 983,000	$ 716,000	$ 440,000
Diluted net income per share (in Dollars per share)	$ 0	$ 0	$ 0.01	$ 0.01	$ 0.01	$ 0.05	$ 0.03	$ 0.02