10-Q Filing

CPI AEROSTRUCTURES INC CIK: 889348 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001387131-16-007794`
Period End Date	20160930
Filing Date	20161109
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	cvu-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 60 Cash Flow Statement 61 Stockholders Equity 23

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$75.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$470.75K	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
Cash	`Cash`	$665.32K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`Cash`	$1.00M	USD	Point-in-time
Cash	`Cash`	$1.89M	USD	Point-in-time
Cash	`Cash`	$1.50M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $470,748 as of September 30, 2016 and $75,000 as of December 31, 2015	`AccountsReceivableNetCurrent`	$7.67M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	8.58M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	8.72M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $470,748 as of September 30, 2016 and $75,000 as of December 31, 2015	`AccountsReceivableNetCurrent`	$9.00M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	8.58M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	8.72M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$95.74M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$102.62M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.66M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$108.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$112.36M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.36M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.36M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.89M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$5.35M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$204.24K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$108.08K	USD	Point-in-time
Total Assets	`Assets`	$115.99M	USD	Point-in-time
Total Assets	`Assets`	$116.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$830.75K	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$175.44K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.01M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.09M	USD	Point-in-time
Contract loss	`ProvisionForLossOnContracts`	$549.72K	USD	Point-in-time
Contract loss	`ProvisionForLossOnContracts`	$2.03M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$23.70M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$21.94M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$189.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$24.88K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.06M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$9.30M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$483.96K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$702.51K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$633.66K	USD	Point-in-time
Total Liabilities	`Liabilities`	$46.18M	USD	Point-in-time
Total Liabilities	`Liabilities`	$50.68M	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, 8,722,569 and 8,583,511 shares, respectively, issued and outstanding	`CommonStockValue`	$8.58K	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, 8,722,569 and 8,583,511 shares, respectively, issued and outstanding	`CommonStockValue`	$8.72K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$52.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$52.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.39M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.65M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.45K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.00K	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$64.81M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$70.53M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$65.31M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$69.79M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$116.71M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$115.99M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$26.79M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$22.11M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$57.06M	USD	3 Qtrs
Revenue	`SalesRevenueNet`	$68.61M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$55.56M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$21.19M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$17.09M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$58.64M	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$5.02M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$13.05M	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$-1.58M	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$5.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.97M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.01M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.60M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$3.01M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-8.18M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$7.08M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$3.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$937.52K	USD	3 Qtrs
Interest expense	`InterestExpense`	$703.44K	USD	3 Qtrs
Interest expense	`InterestExpense`	$218.38K	USD	1 Quarter
Interest expense	`InterestExpense`	$338.16K	USD	1 Quarter
Income (loss) before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.38M	USD	3 Qtrs
Income (loss) before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.67M	USD	1 Quarter
Income (loss) before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.48M	USD	1 Quarter
Income (loss) before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.12M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-3.38M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.03M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$2.01M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$986.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.74M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.69M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.36M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.45M	USD	1 Quarter
Other comprehensive income (loss) net of tax - Change in unrealized loss on interest rate swap	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-44.55K	USD	3 Qtrs
Other comprehensive income (loss) net of tax - Change in unrealized loss on interest rate swap	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.38K	USD	1 Quarter
Other comprehensive income (loss) net of tax - Change in unrealized loss on interest rate swap	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$3.91K	USD	3 Qtrs
Other comprehensive income (loss) net of tax - Change in unrealized loss on interest rate swap	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$25.94K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$4.37M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.45M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.71M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-5.79M	USD	3 Qtrs
Income (loss) per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Income (loss) per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	3 Qtrs
Income (loss) per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.67	USD	3 Qtrs
Income (loss) per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Income (loss) per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Income (loss) per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.67	USD	3 Qtrs
Income (loss) per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	3 Qtrs
Income (loss) per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.68M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.56M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.54M	shares	3 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.63M	shares	3 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.69M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.61M	shares	3 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.63M	shares	3 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.63M	shares	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-5.74M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.69M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.36M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.45M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$623.57K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$555.31K	USD	3 Qtrs
Deferred rent	`DeferredRent`	$6.18K	USD	3 Qtrs
Deferred rent	`DeferredRent`	$34.51K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$491.50K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$564.59K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$395.75K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.46M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.62M	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$33.00K	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.26M	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.73M	USD	3 Qtrs
(Increase) decrease in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$-6.88M	USD	3 Qtrs
(Increase) decrease in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$17.48M	USD	3 Qtrs
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.59M	USD	3 Qtrs
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$81.29K	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.47M	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.66M	USD	3 Qtrs
Increase (decrease) in billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$655.31K	USD	3 Qtrs
Increase (decrease) in billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-80.53K	USD	3 Qtrs
Increase in accrued losses on uncompleted contracts	`IncreaseDecreaseInAccruedLossOnUncompletedContracts`	$1.48M	USD	3 Qtrs
Increase in accrued losses on uncompleted contracts	`IncreaseDecreaseInAccruedLossOnUncompletedContracts`	$594.18K	USD	3 Qtrs
Taxes refunded	`IncreaseDecreaseInTaxesRefunded`	$8.13M	USD	3 Qtrs
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-164.12K	USD	3 Qtrs
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$209.53K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-6.81M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.61M	USD	3 Qtrs
Cash used in investing activities - purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$93.75K	USD	3 Qtrs
Cash used in investing activities - purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$126.95K	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$752.99K	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.51M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$10.00M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$28.64M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$8.20M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$8.65M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$30.40M	USD	3 Qtrs
Debt issue costs paid	`PaymentsOfDebtIssuanceCosts`	$153.85K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$80.00K	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$33.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$6.57M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.09M	USD	3 Qtrs
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$388.63K	USD	3 Qtrs
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$-336.71K	USD	3 Qtrs
Cash at beginning of period	`Cash`	$665.32K	USD	Point-in-time
Cash at beginning of period	`Cash`	$1.00M	USD	Point-in-time
Cash at beginning of period	`Cash`	$1.89M	USD	Point-in-time
Cash at beginning of period	`Cash`	$1.50M	USD	Point-in-time
Cash at end of period	`Cash`	$665.32K	USD	Point-in-time
Cash at end of period	`Cash`	$1.00M	USD	Point-in-time
Cash at end of period	`Cash`	$1.89M	USD	Point-in-time
Cash at end of period	`Cash`	$1.50M	USD	Point-in-time
Equipment acquired under capital lease	`CapitalLeaseObligationsIncurred`	$465.47K	USD	3 Qtrs
Equipment acquired under capital lease	`CapitalLeaseObligationsIncurred`	$116.18K	USD	3 Qtrs
Interest	`InterestPaid`	$736.99K	USD	3 Qtrs
Interest	`InterestPaid`	$806.28K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$29.00	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$260.03K	USD	3 Qtrs

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning	`StockholdersEquity`	$64.81M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$70.53M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$65.31M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$69.79M	USD	Point-in-time
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	8.58M	shares	Point-in-time
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	8.72M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-5.74M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.69M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.36M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.45M	USD	1 Quarter
Loss on settlement and reclassification into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-3.45K	USD	3 Qtrs
Change in unrealized loss from interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-48.00K	USD	3 Qtrs
Change in unrealized loss from interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$3.91K	USD	3 Qtrs
Common stock issued upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$80.00K	USD	3 Qtrs
Tax benefit of stock option exercise	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$33.00K	USD	3 Qtrs
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$564.59K	USD	3 Qtrs
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$491.50K	USD	3 Qtrs
Balance, ending	`StockholdersEquity`	$64.81M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$70.53M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$65.31M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$69.79M	USD	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	8.58M	shares	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	8.72M	shares	Point-in-time

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