10-Q Filing

TECHPRECISION CORP CIK: 1328792 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0000950159-12-000637`
Period End Date	20120930
Filing Date	20121121
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	tpcs-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 88 Cash Flow Statement 67

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.54M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.01K	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 and $25,010	`AccountsReceivableNetCurrent`	$4.68M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 and $25,010	`AccountsReceivableNetCurrent`	$4.90M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.01K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Costs incurred on uncompleted contracts, in excess of progress billings	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$3.91M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Costs incurred on uncompleted contracts, in excess of progress billings	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$4.86M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$373.54K	USD	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$578.05K	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$1.75M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$1.20M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	6.34M	shares	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$1.05M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	7.04M	shares	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$1.02M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	7.04M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	6.34M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.49M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.43M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars)	`ConvertiblePreferredStockSeriesALiquidationPreference`	$2.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.27M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars)	`ConvertiblePreferredStockSeriesALiquidationPreference`	$1.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.94M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.40M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.13M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Noncurrent deferred taxes	`DeferredTaxAssetsNetNoncurrent`	$396.60K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Noncurrent deferred taxes	`DeferredTaxAssetsNetNoncurrent`	$118.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.90M	shares	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$158.42K	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$270.63K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.99M	shares	Point-in-time
Total assets	`Assets`	$23.62M	USD	Point-in-time
Total assets	`Assets`	$24.05M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.90M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.36M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.54M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.42M	USD	Point-in-time
Accrued taxes payable	`AccruedIncomeTaxesCurrent`	$159.99K	USD	Point-in-time
Accrued taxes payable	`AccruedIncomeTaxesCurrent`	$159.99K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$799.41K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$1.73M	USD	Point-in-time
Current maturity of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.36M	USD	Point-in-time
Current maturity of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.10M	USD	Point-in-time
Long-term debt, including capital leases	`LongTermDebtAndCapitalLeaseObligations`	$5.78M	USD	Point-in-time
Long-term debt, including capital leases	`LongTermDebtAndCapitalLeaseObligations`	$5.42M	USD	Point-in-time
Commitments and contingent liabilities (see Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (see Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - par value $.0001 per share, 10,000,000 shares authorized, of which 9,890,980 are designated as Series A Convertible Preferred Stock, with 6,337,998 and 7,035,982 shares issued and outstanding at September 30, 2012 and March 31, 2012, (liquidation preference of $1,806,329 and $2,005,254 at September 30, 2012 and March 31, 2012)	`PreferredStockValue`	$1.64M	USD	Point-in-time
Preferred stock - par value $.0001 per share, 10,000,000 shares authorized, of which 9,890,980 are designated as Series A Convertible Preferred Stock, with 6,337,998 and 7,035,982 shares issued and outstanding at September 30, 2012 and March 31, 2012, (liquidation preference of $1,806,329 and $2,005,254 at September 30, 2012 and March 31, 2012)	`PreferredStockValue`	$1.49M	USD	Point-in-time
Common stock - par value $0.0001 per share, authorized, 90,000,000 shares issued and outstanding, 18,904,577 shares at September 30, 2012 and 17,992,177 at March 31, 2012	`CommonStockValue`	$1.80K	USD	Point-in-time
Common stock - par value $0.0001 per share, authorized, 90,000,000 shares issued and outstanding, 18,904,577 shares at September 30, 2012 and 17,992,177 at March 31, 2012	`CommonStockValue`	$1.89K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.84M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-223.58K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-257.40K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$11.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$12.17M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$23.62M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$24.05M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$33.27M	USD	Annual
Net sales	`SalesRevenueNet`	$16.32M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$15.22M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$8.08M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$7.15M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$6.14M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$11.98M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$5.23M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$28.18M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$12.18M	USD	2 Qtrs
Gross profit	`GrossProfit`	$3.04M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.92M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.34M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.92M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.95M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.92M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.69M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$14.29K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-38.52K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$655.73K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-880.79K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$2.56K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$2.51K	USD	2 Qtrs
Interest expense	`InterestExpense`	$137.22K	USD	2 Qtrs
Interest expense	`InterestExpense`	$78.53K	USD	1 Quarter
Interest expense	`InterestExpense`	$74.39K	USD	1 Quarter
Interest expense	`InterestExpense`	$154.49K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.19K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$10.41K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.88K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$8.46K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-70.65K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-126.81K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-149.09K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-70.07K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-108.59K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$528.92K	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.03M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-56.36K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$235.55K	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-20.49K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-11.34K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-278.60K	USD	2 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$293.36K	USD	2 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-751.29K	USD	2 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.02K	USD	1 Quarter
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-88.10K	USD	1 Quarter
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-8.55K	USD	1 Quarter
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-79.14K	USD	2 Qtrs
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-208.53K	USD	1 Quarter
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-421.93K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$18.18K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$14.35K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$14.11K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$26.21K	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$17.66K	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-194.18K	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-65.03K	USD	2 Qtrs
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-403.74K	USD	2 Qtrs
Net tax benefit of other comprehensive income (loss) items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-31.22K	USD	2 Qtrs
Net tax benefit of other comprehensive income (loss) items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-169.91K	USD	2 Qtrs
Net tax benefit of other comprehensive income (loss) items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-83.97K	USD	1 Quarter
Net tax benefit of other comprehensive income (loss) items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-3.37K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-233.83K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.81K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-110.20K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$21.04K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$59.53K	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-198.30K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-785.10K	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-23.98K	USD	1 Quarter
Net (loss) income per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Net (loss) income per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	2 Qtrs
Net (loss) income per share (basic) (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net (loss) income per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	2 Qtrs
Net (loss) income per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Net (loss) income per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net (loss) income per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	2 Qtrs
Net (loss) income per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	2 Qtrs
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.55M	shares	1 Quarter
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.05M	shares	2 Qtrs
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.61M	shares	2 Qtrs
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.70M	shares	1 Quarter
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.14M	shares	2 Qtrs
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.70M	shares	1 Quarter
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.61M	shares	2 Qtrs
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.55M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$293.36K	USD	2 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-751.29K	USD	2 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.02K	USD	1 Quarter
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-88.10K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$237.24K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$415.43K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$282.72K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$249.06K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$41.35K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-282.02K	USD	2 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$83.20K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.52M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-219.29K	USD	2 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$5.62M	USD	2 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$948.19K	USD	2 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-319.82K	USD	2 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$202.36K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$102.80K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-61.20K	USD	2 Qtrs
Taxes receivable	`IncreaseDecreaseInPrepaidTaxes`	$579.89K	USD	2 Qtrs
Taxes receivable	`IncreaseDecreaseInPrepaidTaxes`	$-553.07K	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$277.50K	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-88.13K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$664.63K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$549.51K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.04M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$98.76K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$1.31M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$931.45K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$78.28K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-964.27K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$75.11K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.34M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.34M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-75.11K	USD	2 Qtrs
Proceeds from exercised stock options	`ProceedsFromStockOptionsExercised`	$35.51K	USD	2 Qtrs
Tax expense from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-1.03K	USD	2 Qtrs
Repayment of long-term debt, including capital lease	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$683.93K	USD	2 Qtrs
Repayment of long-term debt, including capital lease	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$686.98K	USD	2 Qtrs
Borrowings of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.62M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-683.93K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$965.83K	USD	2 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$6.84K	USD	2 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-3.97K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-684.73K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-2.33M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.14M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.82M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.54M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.14M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.54M	USD	Point-in-time
Interest expense	`InterestPaid`	$170.99K	USD	2 Qtrs
Interest expense	`InterestPaid`	$140.14K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$764.31K	USD	2 Qtrs
Series A Convertible Preferred Stock converted (in shares)	`ConversionOfStockSharesConverted1`	697,984.00	shares	2 Qtrs
Series A Convertible Preferred Stock converted (in shares)	`ConversionOfStockSharesConverted1`	898,000.00	shares	2 Qtrs
Common stock issued in conversion of Series A Preferred Stock (in shares)	`ConversionOfStockSharesIssued1`	1.17M	shares	2 Qtrs
Common stock issued in conversion of Series A Preferred Stock (in shares)	`ConversionOfStockSharesIssued1`	912,400.00	shares	2 Qtrs
Liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`LiabilitiesAssumed1`	$275.31K	USD	2 Qtrs
Liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`LiabilitiesAssumed1`	$246.54K	USD	2 Qtrs
Tax on liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`TaxOnLiabilitiesAssumed`	$166.22K	USD	2 Qtrs
Tax on liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`TaxOnLiabilitiesAssumed`	$179.34K	USD	2 Qtrs
Capital lease arrangement for new office equipment	`CapitalLeaseObligationsIncurred`	$46.38K	USD	2 Qtrs
Placed equipment into service which was under construction	`EquipmentUnderConstructionNowPlacedInService`	$1.14M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.