| Schedule of notes payable and long-term debt |
| | |
June
30, 2014 | | |
December
31, 2013 | |
| Long-Term and
Short-Term Debt | |
| | | |
| | |
| Term loan with
a U.S. bank with monthly payments of principal and interest at prime plus 0.75% (floor rate: 4%), maturing November 15, 2014 | |
| – | | |
| 3,076 | |
| Revolving line of credit
with a U.S. bank up to $7,000 with interest at prime plus 0.5% (floor rate: 3.75%), maturing November 15, 2015 | |
| – | | |
| 7,000 | |
| Term loan with a U.S. bank
with monthly payments of principal and interest at prime plus 0.75% (floor rate: 4.00%), maturing September 10, 2017 | |
| – | | |
| 1,850 | |
| Revolving line of credit
with a China bank up to $12,000 with interest at 108% of China Prime rate which was 6.48% in 2013 with various maturity dates
from April 2014 and August 2014 | |
| – | | |
| 7,053 | |
| Revolving line of
credit with a China bank up to $3,250 with interest rates ranged from 2.03% to 2.13% with various maturity dates from July
2014 to September 2014 | |
| 1,246 | | |
| 2,413 | |
| Revolving line of
credit with a Taiwan bank up to $4,000 with interest an interest rate of 1.75%, maturing December 15, 2014 | |
| 3,744 | | |
| 3,795 | |
| Revolving line of credit
with a Taiwan bank up to $4,000 with an interest rate of 1.78%, with various maturity dates from July 2014 to August 2014 | |
| 3,818 | | |
| – | |
| Note payable to a finance
company due in monthly installments with 4.95% interest, maturing July 30, 2015 | |
| 821 | | |
| 921 | |
| Total | |
| 9,629 | | |
| 26,108 | |
| Less current portion | |
| 9,562 | | |
| 17,185 | |
| Long term portion | |
$ | 67 | | |
$ | 8,923 | |
| Bank
Acceptance Payable | |
| | | |
| | |
| Bank acceptance notes issued to vendors with
a zero percent interest rate, a 30% guarantee deposit of $769, and maturity dates ranging from July 2014 to December
2014 | |
$ | 2,377 | | |
$ | 2,347 | |
|