10-Q Filing

TECHPRECISION CORP CIK: 1328792 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0000950159-14-000065`
Period End Date	20131231
Filing Date	20140213
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	tpcs-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 82 Cash Flow Statement 63

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.75M	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 for both years	`AccountsReceivableNetCurrent`	$4.33M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 for both years	`AccountsReceivableNetCurrent`	$2.40M	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`	$3.35M	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`	$354.52K	USD	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$352.38K	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$374.03K	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
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$255.76K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$255.76K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.68M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.16M	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`	$6.69M	USD	Point-in-time
Total assets	`Assets`	$21.57M	USD	Point-in-time
Total assets	`Assets`	$18.85M	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
Common stock, shares issued	`CommonStockSharesIssued`	21.66M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.54M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	19.96M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.02M	USD	Point-in-time
Contract loss provision	`ProvisionForLossOnContracts`	$524.85K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	19.96M	shares	Point-in-time
Contract loss provision	`ProvisionForLossOnContracts`	$270.17K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.66M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$638.01K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.60M	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`	$3.39M	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`	$5.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.01M	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`	$40.82K	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 4,232,508 and 5,532,998 shares issued and outstanding at December 31, 2013 and March 31, 2013, respectively (liquidation preference: $1,206,265 and $1,576,904 at December 31, 2013 and March 31, 2013)	`PreferredStockValue`	$1.03M	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 4,232,508 and 5,532,998 shares issued and outstanding at December 31, 2013 and March 31, 2013, respectively (liquidation preference: $1,206,265 and $1,576,904 at December 31, 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: 21,656,871 and 19,956,871 shares at December 31, 2013 and March 31, 2013, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock -par value $.0001 per share, authorized, 90,000,000 shares; issued and outstanding: 21,656,871 and 19,956,871 shares at December 31, 2013 and March 31, 2013, respectively	`CommonStockValue`	$2.17K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.65M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-56.49K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-221.42K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$929.99K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.55M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$18.85M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$21.57M	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$7.29M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$32.47M	USD	Annual
Net sales	`SalesRevenueNet`	$22.52M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$5.17M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$17.46M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$15.54M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$5.41M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$17.59M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$25.91M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.93M	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.88M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.92M	USD	3 Qtrs
Gross profit	`GrossProfit`	$772.67K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.22M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.43M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.29M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.69M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-661.48K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.77M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-409.70K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.29M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-16.58K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-26.59K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-16.02K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-29.09K	USD	1 Quarter
Interest expense	`InterestExpense`	$80.80K	USD	1 Quarter
Interest expense	`InterestExpense`	$218.57K	USD	3 Qtrs
Interest expense	`InterestExpense`	$64.92K	USD	1 Quarter
Interest expense	`InterestExpense`	$219.40K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.45K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$619.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.33K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.44K	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-231.72K	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-241.65K	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-96.20K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-92.56K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-757.68K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-502.26K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.53M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.00M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-235.38K	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$43.22K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.40M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-545.49K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.30M	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.10M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.00M	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-757.68K	USD	1 Quarter
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-154.49K	USD	3 Qtrs
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-53.78K	USD	3 Qtrs
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-36.68K	USD	1 Quarter
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$25.36K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-8.04K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-8.06K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$6.05K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-10.44K	USD	3 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$17.30K	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-44.72K	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-164.93K	USD	3 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-47.73K	USD	3 Qtrs
Net tax benefit of other comprehensive loss items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-21.21K	USD	3 Qtrs
Net tax benefit of other comprehensive loss items	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$10.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.52K	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-164.93K	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.30K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-44.72K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.17M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-802.40K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.32M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-538.19K	USD	1 Quarter
Net loss per share (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	3 Qtrs
Net loss per share (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
Net loss per share (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.15	USD	3 Qtrs
Net loss per share (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Weighted average number of shares outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	19.09M	shares	1 Quarter
Weighted average number of shares outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.77M	shares	3 Qtrs
Weighted average number of shares outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.06M	shares	3 Qtrs
Weighted average number of shares outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.27M	shares	1 Quarter

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.40M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-545.49K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.30M	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.10M	USD	Annual
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.00M	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-757.68K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$722.52K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$624.76K	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$285.80K	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$448.61K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$103.76K	USD	3 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$254.68K	USD	3 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$20.00K	USD	3 Qtrs
Loss on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-882.00	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.93M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.41M	USD	3 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$-947.75K	USD	3 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$991.66K	USD	3 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-4.08K	USD	3 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$100.92K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$225.46K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$136.47K	USD	3 Qtrs
Taxes receivable	`IncreaseDecreaseInPrepaidTaxes`	$-324.76K	USD	3 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-141.04K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.09M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.52M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.02M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-801.87K	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$122.58K	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$3.14M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$650.51K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.82M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$54.34K	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$395.37K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-395.37K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-54.34K	USD	3 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.10M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.07M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.10M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.07M	USD	3 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$554.00	USD	3 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$1.37K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-809.86K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$671.54K	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.01M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.75M	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`	$2.01M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.82M	USD	Point-in-time
Interest	`InterestPaid`	$219.40K	USD	3 Qtrs
Interest	`InterestPaid`	$183.87K	USD	3 Qtrs
Common stock issued in conversion of Series A Convertible Preferred Stock (in shares)	`ConversionOfStockSharesIssued1`	1.57M	shares	3 Qtrs
Common stock issued in conversion of Series A Convertible Preferred Stock (in shares)	`ConversionOfStockSharesIssued1`	1.70M	shares	3 Qtrs
Series A Convertible Preferred Stock converted (in shares)	`ConversionOfStockSharesConverted1`	1.20M	shares	3 Qtrs
Series A Convertible Preferred Stock converted (in shares)	`ConversionOfStockSharesConverted1`	1.30M	shares	3 Qtrs
Liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`LiabilitiesAssumed1`	$259.96K	USD	3 Qtrs
Liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`LiabilitiesAssumed1`	$234.49K	USD	3 Qtrs
Tax on liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`TaxOnLiabilitiesAssumed`	$169.34K	USD	3 Qtrs
Tax on liability recorded for fair value of an interest rate swap contract in connection with a tax exempt bond	`TaxOnLiabilitiesAssumed`	-	USD	3 Qtrs
Capital lease arrangement for new office equipment	`CapitalLeaseObligationsIncurred`	$46.38K	USD	3 Qtrs

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