10-Q Filing

TECHPRECISION CORP CIK: 1328792 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0000950159-14-000501`
Period End Date	20140930
Filing Date	20141114
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	tpcs-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 87 Cash Flow Statement 56 Comprehensive Income 2

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$849.26K	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 in 2014 and 2013	`AccountsReceivableNetCurrent`	$2.28M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 in 2014 and 2013	`AccountsReceivableNetCurrent`	$2.05M	USD	Point-in-time
Costs incurred on uncompleted contracts, in excess of progress billings	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$5.26M	USD	Point-in-time
Costs incurred on uncompleted contracts, in excess of progress billings	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$3.91M	USD	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$293.33K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.01K	USD	Point-in-time
Inventories- raw materials	`InventoryRawMaterials`	$198.54K	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
Income taxes receivable	`IncomeTaxesReceivable`	$8.06K	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$8.06K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$991.10K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$991.10K	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`	$402.25K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$461.25K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.41M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.12M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.49M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$289.43K	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$105.39K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$14.82M	USD	Point-in-time
Total assets	`Assets`	$16.97M	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`	24.67M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.95M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.95M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.89M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.67M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.89M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.56M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$268.93K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$1.46M	USD	Point-in-time
Debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$4.17M	USD	Point-in-time
Debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.97M	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$38.07K	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$32.40K	USD	Point-in-time
Noncurrent deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$991.10K	USD	Point-in-time
Noncurrent deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$991.10K	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 1,927,508 and 2,477,508 shares issued and outstanding at September 30 and March 31, 2014; (liquidation preference of $549,340 and $706,090 at September 30 and March 31, 2014)	`PreferredStockValue`	$524.21K	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 1,927,508 and 2,477,508 shares issued and outstanding at September 30 and March 31, 2014; (liquidation preference of $549,340 and $706,090 at September 30 and March 31, 2014)	`PreferredStockValue`	$644.11K	USD	Point-in-time
Common stock - par value $.0001 per share, 90,000,000 shares authorized, with 24,669,958 and 23,951,004 shares issued and outstanding at September 30, 2014 and March 31, 2014, respectively.	`CommonStockValue`	$2.40K	USD	Point-in-time
Common stock - par value $.0001 per share, 90,000,000 shares authorized, with 24,669,958 and 23,951,004 shares issued and outstanding at September 30, 2014 and March 31, 2014, respectively.	`CommonStockValue`	$2.47K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$6.11M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$6.36M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$23.94K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.10K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.17M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.82M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.53M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.82M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$16.97M	USD	Point-in-time

Income Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$21.07M	USD	Annual
Net sales	`SalesRevenueNet`	$5.20M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$10.80M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$12.29M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$4.57M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$9.72M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$11.14M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$3.70M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.47M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$21.80M	USD	Annual
Gross profit	`GrossProfit`	$727.27K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.09M	USD	2 Qtrs
Gross profit	`GrossProfit`	$867.72K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.15M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.54M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.48M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.21M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.25M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-342.42K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-757.22K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.11M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.45M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-1.21K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-1.16K	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$6.99K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-567.00	USD	2 Qtrs
Interest expense (includes OCI reclassifications for cash flow hedges of ($219,359) and ($248,464) in 2014)	`InterestExpense`	$137.77K	USD	2 Qtrs
Interest expense (includes OCI reclassifications for cash flow hedges of ($219,359) and ($248,464) in 2014)	`InterestExpense`	$67.65K	USD	1 Quarter
Interest expense (includes OCI reclassifications for cash flow hedges of ($219,359) and ($248,464) in 2014)	`InterestExpense`	$458.00K	USD	1 Quarter
Interest expense (includes OCI reclassifications for cash flow hedges of ($219,359) and ($248,464) in 2014)	`InterestExpense`	$618.59K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.82K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$-794.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$75.00	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$75.00	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-61.45K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-619.68K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-459.14K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-135.52K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.24M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-818.67K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.07M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-801.56K	USD	1 Quarter
Income tax benefit (related to OCI reclassification)	`IncomeTaxExpenseBenefit`	$-152.79K	USD	2 Qtrs
Income tax benefit (related to OCI reclassification)	`IncomeTaxExpenseBenefit`	$-152.79K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.92M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-818.67K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-648.77K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.24M	USD	2 Qtrs
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-117.81K	USD	2 Qtrs
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-16.68K	USD	2 Qtrs
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-7.48K	USD	1 Quarter
Reclassification adjustment for cash flow hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-248.46K	USD	2 Qtrs
Reclassification adjustment for cash flow hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-219.36K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-2.40K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-184.00	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$17.00	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$47.00	USD	2 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-120.21K	USD	2 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-7.66K	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$231.83K	USD	2 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$219.38K	USD	1 Quarter
Tax expense from reclassification adjustment	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$152.79K	USD	1 Quarter
Tax expense from reclassification adjustment	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$152.79K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$79.04K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-120.21K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$66.58K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.66K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.84M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.36M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-582.19K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-826.33K	USD	1 Quarter
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`	$-0.04	USD	1 Quarter
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	2 Qtrs
Net loss per share (basic) (in dollars per share)	`EarningsPerShareBasic`	$-0.11	USD	2 Qtrs
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	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`	$-0.08	USD	2 Qtrs
Weighted average number of shares outstanding (basic) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.34M	shares	2 Qtrs
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`	24.67M	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
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.34M	shares	2 Qtrs
Weighted average number of shares outstanding (diluted) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.67M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.92M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-818.67K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-648.77K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.24M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$478.90K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$553.59K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$132.78K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$214.29K	USD	2 Qtrs
Loss on interest rate swaps	`GainLossOnInterestRateCashFlowHedgeIneffectiveness`	$-49.54K	USD	2 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$1.43M	USD	2 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$-576.61K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.64M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-228.64K	USD	2 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$-1.35M	USD	2 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$765.74K	USD	2 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-94.79K	USD	2 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-1.28K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-180.50K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-59.00K	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$169.32K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.30M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-44.85K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$270.05K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-682.92K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-1.19M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$423.55K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-616.08K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.17M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$53.94K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$54.10K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-54.10K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-53.94K	USD	2 Qtrs
Borrowings of debt	`ProceedsFromShortTermDebt`	$4.15M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$875.28K	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$3.02M	USD	2 Qtrs
Deferred loan costs	`PaymentsOfLoanCosts`	$141.04K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$984.46K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-875.28K	USD	2 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-1.00	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	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-237.44K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.54M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.09M	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`	$849.26K	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`	$1.09M	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`	$849.26K	USD	Point-in-time
Interest	`InterestPaid`	$281.18K	USD	2 Qtrs
Interest	`InterestPaid`	$127.31K	USD	2 Qtrs
Number of shares of common stock issued for converted preferred stock	`ConversionOfStockSharesIssued1`	718,954.00	shares	2 Qtrs
Shares converted into common stock	`ConversionOfStockSharesConverted1`	550,000.00	shares	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`	-	USD	2 Qtrs

Comprehensive Income 2 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income (loss) reclassifications for cash flow hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$248.46K	USD	2 Qtrs
Other comprehensive income (loss) reclassifications for cash flow hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$219.36K	USD	1 Quarter

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