10-Q Filing

TECHPRECISION CORP CIK: 1328792 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0000950159-13-000620`
Period End Date	20130930
Filing Date	20131114
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	tpcs-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 90 Cash Flow Statement 60

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	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`	$4.33M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 in 2013 and 2012	`AccountsReceivableNetCurrent`	$2.69M	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`	$5.06M	USD	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$355.17K	USD	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$354.52K	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
Income taxes receivable	`IncomeTaxesReceivable`	$374.03K	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
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
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
Other current assets	`OtherAssetsCurrent`	$1.39M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.66M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.27M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.91M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars)	`ConvertiblePreferredStockSeriesALiquidationPreference`	$1.58M	USD	Point-in-time
Total assets	`Assets`	$18.57M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars)	`ConvertiblePreferredStockSeriesALiquidationPreference`	$1.58M	USD	Point-in-time
Total assets	`Assets`	$21.57M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.25M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	19.96M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	19.96M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.54M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	19.96M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	19.96M	shares	Point-in-time
Contract loss provision	`ProvisionForLossOnContracts`	$270.17K	USD	Point-in-time
Contract loss provision	`ProvisionForLossOnContracts`	$1.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$803.96K	USD	Point-in-time
Accrued taxes payable	`AccruedIncomeTaxesCurrent`	$232.62K	USD	Point-in-time
Accrued taxes payable	`AccruedIncomeTaxesCurrent`	$232.62K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$677.91K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$253.81K	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$500.00K	USD	Point-in-time
Current maturity of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.78M	USD	Point-in-time
Current maturity of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.18M	USD	Point-in-time
Long-term debt, including capital leases	`LongTermDebtAndCapitalLeaseObligations`	$31.11K	USD	Point-in-time
Long-term debt, including capital leases	`LongTermDebtAndCapitalLeaseObligations`	$43.53K	USD	Point-in-time
Noncurrent deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$255.76K	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 shares issued and outstanding at September 30, 2013 and March 31, 2013, (liquidation preference of $1,576,904 at September 30, 2013 and March 31, 2013)	`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 shares issued and outstanding at September 30, 2013 and March 31, 2013, (liquidation preference of $1,576,904 at September 30, 2013 and March 31, 2013)	`PreferredStockValue`	$1.31M	USD	Point-in-time
Common stock -par value $.0001 per share, authorized, 90,000,000 shares issued and outstanding, 19,956,871 shares at September 30, 2013 and March 31, 2013	`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 September 30, 2013 and March 31, 2013	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.08M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.29M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-101.21K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-221.42K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$8.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$21.57M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$18.57M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$32.47M	USD	Annual
Net sales	`SalesRevenueNet`	$15.22M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$12.29M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$5.20M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$8.08M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$11.14M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$25.91M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$12.18M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$4.47M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$6.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.04M	USD	2 Qtrs
Gross profit	`GrossProfit`	$727.27K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.15M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.25M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.92M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.48M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.92M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-2.11M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$14.29K	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-757.22K	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-880.79K	USD	2 Qtrs
Other income, expense	`OtherNonoperatingIncomeExpense`	$2.51K	USD	2 Qtrs
Other income, expense	`OtherNonoperatingIncomeExpense`	$6.99K	USD	1 Quarter
Other income, expense	`OtherNonoperatingIncomeExpense`	$-567.00	USD	2 Qtrs
Other income, expense	`OtherNonoperatingIncomeExpense`	$2.56K	USD	1 Quarter
Interest expense	`InterestExpense`	$137.77K	USD	2 Qtrs
Interest expense	`InterestExpense`	$67.65K	USD	1 Quarter
Interest expense	`InterestExpense`	$74.39K	USD	1 Quarter
Interest expense	`InterestExpense`	$154.49K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.82K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.19K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$-794.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.88K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-70.65K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-61.45K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-149.09K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-135.52K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.03M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-56.36K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-818.67K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.24M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-278.60K	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-11.34K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.02K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-751.29K	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.40M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.24M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-818.67K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.10M	USD	Annual
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-7.48K	USD	1 Quarter
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-117.81K	USD	2 Qtrs
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
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-184.00	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$26.21K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-2.40K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$14.11K	USD	2 Qtrs
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-65.03K	USD	2 Qtrs
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-120.21K	USD	2 Qtrs
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$17.66K	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-7.66K	USD	1 Quarter
Net tax benefit of other comprehensive loss items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-31.22K	USD	2 Qtrs
Net tax benefit of other comprehensive loss items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-3.37K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$21.04K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-120.21K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.66K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.81K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-826.33K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.36M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-23.98K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-785.10K	USD	2 Qtrs
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.11	USD	2 Qtrs
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	2 Qtrs
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.11	USD	2 Qtrs
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	2 Qtrs
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net loss per share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.96M	shares	1 Quarter
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.96M	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`	18.61M	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`	19.96M	shares	1 Quarter
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.96M	shares	2 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.02K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-751.29K	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.40M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.24M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-818.67K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.10M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$478.90K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$415.43K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$214.29K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$282.72K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-282.02K	USD	2 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$83.20K	USD	2 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$1.43M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.64M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-219.29K	USD	2 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$948.19K	USD	2 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$765.74K	USD	2 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$202.36K	USD	2 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-1.28K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-61.20K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-180.50K	USD	2 Qtrs
Taxes receivable	`IncreaseDecreaseInPrepaidTaxes`	$-553.07K	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-88.13K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$664.63K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.30M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-682.92K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.04M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$423.55K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$931.45K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-616.08K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$78.28K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$53.94K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$75.11K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-75.11K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-53.94K	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$683.93K	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$875.28K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-683.93K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-875.28K	USD	2 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-3.97K	USD	2 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$1.95K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-684.73K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-1.54M	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`	$1.53M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	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`	$2.14M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	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`	$2.82M	USD	Point-in-time
Interest	`InterestPaid`	$140.14K	USD	2 Qtrs
Interest	`InterestPaid`	$127.31K	USD	2 Qtrs
Common stock issued in conversion of Series A Convertible Preferred Stock (in shares)	`ConversionOfStockSharesIssued1`	912,400.00	shares	2 Qtrs
Series A Convertible Preferred Stock converted (in shares)	`ConversionOfStockSharesConverted1`	697,984.00	shares	2 Qtrs
Capital lease arrangement for new office equipment	`CapitalLeaseObligationsIncurred`	$46.38K	USD	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`	$271.17K	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
Tax on liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`TaxOnLiabilitiesAssumed`	-	USD	2 Qtrs

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