10-Q Filing

TECHPRECISION CORP CIK: 1328792 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0000950159-15-000059`
Period End Date	20141231
Filing Date	20150217
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	tpcs-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 77 Cash Flow Statement 65 Comprehensive Income 2

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 at December 31, 2014 and March 31, 2014	`AccountsReceivableNetCurrent`	$2.06M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $25,010 at December 31, 2014 and March 31, 2014	`AccountsReceivableNetCurrent`	$2.28M	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`	$3.19M	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`	$222.44K	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`	$675.51K	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`	$8.43M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$5.91M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.49M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$76.20K	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`	$16.97M	USD	Point-in-time
Total assets	`Assets`	$14.41M	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`	23.95M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.67M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.78M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.67M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.95M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.89M	USD	Point-in-time
Trade notes payable	`NotesPayableCurrent`	$205.06K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.35M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.89M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$1.18M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$1.46M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$2.25M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$4.17M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$933.48K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.41M	USD	Point-in-time
Long-term debt, including capital lease	`LongTermDebtAndCapitalLeaseObligations`	$38.07K	USD	Point-in-time
Long-term debt, including capital lease	`LongTermDebtAndCapitalLeaseObligations`	$2.80M	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 December 31, 2014 and March 31, 2014, respectively (liquidation preference of $549,340 and $706,090 at December 31, 2014 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 December 31, 2014 and March 31, 2014, respectively (liquidation preference of $549,340 and $706,090 at December 31, 2014 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 December 31, 2014 and March 31, 2014, respectively.	`CommonStockValue`	$2.47K	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 December 31, 2014 and March 31, 2014, respectively.	`CommonStockValue`	$2.40K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$6.42M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$6.11M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$19.65K	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`	$-6.03M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.53M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$937.12K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$16.97M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.41M	USD	Point-in-time

Income Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$17.46M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$3.51M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$21.07M	USD	Annual
Net sales	`SalesRevenueNet`	$5.17M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$14.31M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$12.88M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$21.80M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.39M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.17M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$15.54M	USD	3 Qtrs
Gross profit	`GrossProfit`	$341.39K	USD	1 Quarter
Gross profit	`GrossProfit`	$772.67K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.43M	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.92M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.24M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.43M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.69M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$705.06K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-661.48K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-363.67K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.77M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.82M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-16.02K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.02K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-16.58K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$136.00	USD	1 Quarter
Interest expense (includes OCI reclassifications for cash flow hedges of ($0) and ($248,464) in 2014)	`InterestExpense`	$218.57K	USD	3 Qtrs
Interest expense (includes OCI reclassifications for cash flow hedges of ($0) and ($248,464) in 2014)	`InterestExpense`	$80.80K	USD	1 Quarter
Interest expense (includes OCI reclassifications for cash flow hedges of ($0) and ($248,464) in 2014)	`InterestExpense`	$1.20M	USD	3 Qtrs
Interest expense (includes OCI reclassifications for cash flow hedges of ($0) and ($248,464) in 2014)	`InterestExpense`	$582.20K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$96.00	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.44K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$21.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$619.00	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-582.04K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-231.72K	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-96.20K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.20M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.00M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-945.72K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-757.68K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.02M	USD	3 Qtrs
Income tax benefit (related to OCI reclassification)	`IncomeTaxExpenseBenefit`	$-152.79K	USD	3 Qtrs
Income tax benefit (related to OCI reclassification)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-945.72K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.00M	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-757.68K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.87M	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`	$-16.68K	USD	3 Qtrs
Change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-154.49K	USD	3 Qtrs
Reclassification adjustment for cash flow hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-248.46K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-4.27K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-4.32K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-10.44K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-8.04K	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-4.32K	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-44.72K	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$227.51K	USD	3 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-164.93K	USD	3 Qtrs
Tax expense from reclassification adjustment	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$152.79K	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$74.72K	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-164.93K	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.32K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-44.72K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.79M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-950.04K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.17M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-802.40K	USD	1 Quarter
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`	$-0.04	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`	$-0.12	USD	3 Qtrs
Weighted average number of shares outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.27M	shares	1 Quarter
Weighted average number of shares outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	24.45M	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`	24.67M	shares	1 Quarter

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-945.72K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.00M	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-757.68K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.87M	USD	3 Qtrs
Depreciation	`Depreciation`	$206.47K	USD	1 Quarter
Depreciation	`Depreciation`	$213.68K	USD	1 Quarter
Depreciation	`Depreciation`	$682.43K	USD	3 Qtrs
Depreciation	`Depreciation`	$633.74K	USD	3 Qtrs
Loss on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-882.00	USD	3 Qtrs
Interest paid	`InterestPaid`	$626.96K	USD	3 Qtrs
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$177.77K	USD	3 Qtrs
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$40.10K	USD	3 Qtrs
Interest paid	`InterestPaid`	$183.87K	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$196.46K	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$285.80K	USD	3 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$254.68K	USD	3 Qtrs
Provision for contract losses	`ProvisionForContractLosses`	$-589.39K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.93M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-220.26K	USD	3 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$-2.07M	USD	3 Qtrs
Costs incurred on uncompleted contracts, in excess of progress billings	`IncreaseDecreaseInCostsIncurredOnUncompletedContracts`	$-947.75K	USD	3 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-70.59K	USD	3 Qtrs
Inventories - raw materials	`IncreaseDecreaseInInventories`	$-4.08K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$136.47K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$214.29K	USD	3 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-105.39K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-908.08K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.52M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-801.87K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$116.29K	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-283.57K	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$3.14M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.27M	USD	3 Qtrs
Net cash (used in) 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`	$54.10K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-54.10K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-54.34K	USD	3 Qtrs
Borrowings of debt	`ProceedsFromShortTermDebt`	$6.40M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.10M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$4.63M	USD	3 Qtrs
Deferred loan costs	`PaymentsOfLoanCosts`	$253.97K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.10M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.52M	USD	3 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$76.00	USD	3 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$1.37K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$191.97K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$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`	$1.28M	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`	$1.09M	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`	$1.28M	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`	$1.09M	USD	Point-in-time
Interest (includes $246,668 of cash paid for interest rate swaps terminated in 2014)	`InterestPaid`	$626.96K	USD	3 Qtrs
Interest (includes $246,668 of cash paid for interest rate swaps terminated in 2014)	`InterestPaid`	$183.87K	USD	3 Qtrs
Notes Issued	`NotesIssued1`	$279.30K	USD	3 Qtrs
Number of shares of common stock issued for converted preferred stock	`ConversionOfStockSharesIssued1`	718,954.00	shares	3 Qtrs
Number of shares of common stock issued for converted preferred stock	`ConversionOfStockSharesIssued1`	1.70M	shares	3 Qtrs
Shares converted into common stock	`ConversionOfStockSharesConverted1`	1.30M	shares	3 Qtrs
Shares converted into common stock	`ConversionOfStockSharesConverted1`	550,000.00	shares	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`	-	USD	3 Qtrs

Comprehensive Income 2 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income (loss) reclassifications for cash flow hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss) reclassifications for cash flow hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$248.46K	USD	3 Qtrs

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