10-K Filing

TECHPRECISION CORP CIK: 1328792 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0000950159-13-000526`
Period End Date	20130331
Filing Date	20130816
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	tpcs-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 82 Cash Flow Statement 77 Stockholders Equity 24

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.82M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 in 2013 and 2012	`AccountsReceivableNetCurrent`	$4.90M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 in 2013 and 2012	`AccountsReceivableNetCurrent`	$4.33M	USD	Point-in-time
Costs incurred on uncompleted contracts, in excess of progress billings	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$4.30M	USD	Point-in-time
Costs incurred on uncompleted contracts, in excess of progress billings	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$3.91M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.01K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.01K	USD	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$373.54K	USD	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$354.52K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$374.03K	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$1.75M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$255.76K	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
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$1.02M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.58M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.49M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	5.53M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$16.27M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	7.04M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$14.27M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	7.04M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	5.53M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.40M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.30M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars)	`ConvertiblePreferredStockSeriesALiquidationPreference`	$1.58M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars)	`ConvertiblePreferredStockSeriesALiquidationPreference`	$2.01M	USD	Point-in-time
Noncurrent deferred taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$118.00K	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$270.63K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Total assets	`Assets`	$21.57M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Total assets	`Assets`	$24.05M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.99M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	19.96M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	19.96M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.42M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.36M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.42M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.87M	USD	Point-in-time
Accrued taxes payable	`AccruedIncomeTaxesCurrent`	$159.99K	USD	Point-in-time
Accrued taxes payable	`AccruedIncomeTaxesCurrent`	$232.62K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$799.41K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$253.81K	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$500.00K	USD	Point-in-time
Debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.36M	USD	Point-in-time
Debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.18M	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`	$31.11K	USD	Point-in-time
Noncurrent deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$255.76K	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 Preferred Stock, with 5,532,998 and 7,035,982 shares issued and outstanding at March 31, 2013 and 2012, (liquidation preference of $1,576,904 and $2,005,254 at March 31, 2013 and 2012)	`PreferredStockValue`	$1.31M	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 Preferred Stock, with 5,532,998 and 7,035,982 shares issued and outstanding at March 31, 2013 and 2012, (liquidation preference of $1,576,904 and $2,005,254 at March 31, 2013 and 2012)	`PreferredStockValue`	$1.64M	USD	Point-in-time
Common stock -par value $.0001 per share, authorized, 90,000,000 shares issued and outstanding, 19,956,871 shares at March 31, 2013 and 17,992,177 at March 31, 2012	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock -par value $.0001 per share, authorized, 90,000,000 shares issued and outstanding, 19,956,871 shares at March 31, 2013 and 17,992,177 at March 31, 2012	`CommonStockValue`	$1.80K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.08M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-221.42K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-223.58K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.93M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.10M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$12.17M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$13.86M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$21.57M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$24.05M	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$9.18M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$10.86M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$6.08M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$33.27M	USD	Annual
Net sales	`SalesRevenueNet`	$7.29M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$7.14M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$8.08M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$9.96M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$7.15M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$32.47M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$25.91M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$28.18M	USD	Annual
Gross profit	`GrossProfit`	$1.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$5.08M	USD	Annual
Gross profit	`GrossProfit`	$1.88M	USD	1 Quarter
Gross profit	`GrossProfit`	$740.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$2.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.92M	USD	1 Quarter
Gross profit	`GrossProfit`	$6.56M	USD	Annual
Gross profit	`GrossProfit`	$1.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.43M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$8.16M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$8.45M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-3.36M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-1.60M	USD	Annual
Other (expense) income	`OtherNonoperatingIncomeExpense`	$18.82K	USD	Annual
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-29.59K	USD	Annual
Interest expense	`InterestExpense`	$309.80K	USD	Annual
Interest expense	`InterestExpense`	$267.58K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$20.04K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$2.19K	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-337.20K	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-228.72K	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.59M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.94M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.47M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$472.33K	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.27M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$381.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.11M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-88.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-706.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.15M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.12M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.41M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-545.00K	USD	1 Quarter
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-384.69K	USD	Annual
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-13.47K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$10.96K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$3.38K	USD	Annual
Other comprehensive loss, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-381.30K	USD	Annual
Other comprehensive loss, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-2.51K	USD	Annual
Net tax benefit of other comprehensive loss items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-4.67K	USD	Annual
Net tax benefit of other comprehensive loss items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-151.81K	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.35M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.41M	USD	Annual
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	Annual
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	Annual
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	Annual
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	Annual
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.74M	shares	Annual
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.00M	shares	Annual
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.00M	shares	Annual
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.74M	shares	Annual

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Interest expense, amounts capitalized	`InterestPaidCapitalized`	-	USD	Annual
Interest expense, amounts capitalized	`InterestPaidCapitalized`	$114.14K	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.27M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$381.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.11M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-88.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-706.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.15M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.12M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.41M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-545.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$681.43K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$846.01K	USD	Annual
Stock based compensation expense	`ShareBasedCompensation`	$622.25K	USD	Annual
Stock based compensation expense	`ShareBasedCompensation`	$337.02K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$695.76K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-524.17K	USD	Annual
Provision for contract losses	`ProvisionForContractLosses`	$887.46K	USD	Annual
Provision for contract losses	`ProvisionForContractLosses`	$270.17K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-683.39K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-572.79K	USD	Annual
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$1.06M	USD	Annual
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$388.27K	USD	Annual
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-19.98K	USD	Annual
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-351.24K	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$75.54K	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.04M	USD	Annual
Taxes receivable	`IncreaseDecreaseInPrepaidTaxes`	$-1.82M	USD	Annual
Taxes receivable	`IncreaseDecreaseInPrepaidTaxes`	$1.63M	USD	Annual
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-212.70K	USD	Annual
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$171.25K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.17M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$237.05K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-139.84K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-822.45K	USD	Annual
Accrued taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$159.99K	USD	Annual
Accrued taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$72.64K	USD	Annual
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$417.28K	USD	Annual
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-545.60K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.78M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.65M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.68M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$663.18K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-663.18K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.68M	USD	Annual
Proceeds from exercised stock options	`ProceedsFromStockOptionsExercised`	$41.40K	USD	Annual
Borrowings of short-term debt	`ProceedsFromShortTermDebt`	$500.00K	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.37M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.37M	USD	Annual
Borrowings of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.92M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$587.43K	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-866.02K	USD	Annual
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$1.95K	USD	Annual
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$24.31K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$251.89K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-4.72M	USD	Annual
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.54M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.54M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.82M	USD	Point-in-time
Interest, net of amounts capitalized of $0 and $114,145 in 2013 and 2012	`InterestPaid`	$208.22K	USD	Annual
Interest, net of amounts capitalized of $0 and $114,145 in 2013 and 2012	`InterestPaid`	$268.35K	USD	Annual
Income taxes	`IncomeTaxesPaid`	$764.31K	USD	Annual
Common stock issued in conversion of Series A Convertible Preferred Stock (in shares)	`ConversionOfStockSharesIssued1`	2.41M	shares	Annual
Common stock issued in conversion of Series A Convertible Preferred Stock (in shares)	`ConversionOfStockSharesIssued1`	1.96M	shares	Annual
Series A Convertible Preferred Stock converted (in shares)	`ConversionOfStockSharesConverted1`	1.50M	shares	Annual
Series A Convertible Preferred Stock converted (in shares)	`ConversionOfStockSharesConverted1`	1.84M	shares	Annual
Liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`LiabilitiesAssumed1`	$388.98K	USD	Annual
Liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`LiabilitiesAssumed1`	$227.39K	USD	Annual
Tax on liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`TaxOnLiabilitiesAssumed`	$148.12K	USD	Annual
Tax on liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`TaxOnLiabilitiesAssumed`	-	USD	Annual
Capital lease arrangement for new office equipment	`CapitalLeaseObligationsIncurred`	$46.38K	USD	Annual
Placed plant and equipment into service which were under construction	`EquipmentUnderConstructionNowPlacedInService`	$2.10M	USD	Annual
Stock options exercised as broker assisted cashless transactions (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercisedBrokerAssistedCashlessTransactions`	44,865.00	shares	Annual

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income (loss), tax	`OtherComprehensiveIncomeLossTaxPortionAttributableToParentEquity`	$-4.67K	USD	Annual
Other comprehensive income (loss), tax	`OtherComprehensiveIncomeLossTaxPortionAttributableToParentEquity`	$-148.12K	USD	Annual
Balance	`StockholdersEquity`	$10.10M	USD	Point-in-time
Balance	`StockholdersEquity`	$12.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.86M	USD	Point-in-time
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$622.25K	USD	Annual
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$337.02K	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$41.40K	USD	Annual
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	160,130.00	shares	Annual
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.27M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$381.00K	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.00K	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.11M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-88.00K	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-706.00K	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.15M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.12M	USD	Annual
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.41M	USD	Annual
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-545.00K	USD	1 Quarter
Other comprehensive loss, net of tax benefit, ($4,672) and ($148,120) for the year 2013, 2012, respectively	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-229.49K	USD	Annual
Other comprehensive loss, net of tax benefit, ($4,672) and ($148,120) for the year 2013, 2012, respectively	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.17K	USD	Annual
Balance	`StockholdersEquity`	$10.10M	USD	Point-in-time
Balance	`StockholdersEquity`	$12.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.86M	USD	Point-in-time

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