XML 29 R61.htm IDEA: XBRL DOCUMENT
v2.4.0.8

SUBSEQUENT EVENTS (Details) (USD $) | 12 Months Ended | 0 Months Ended
--- | --- | ---
Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 Series A Convertible Preferred Stock | Mar. 31, 2013 Series A Convertible Preferred Stock | Jun. 25, 2014 Subsequent event Series A Convertible Preferred Stock | May 30, 2014 Subsequent event LSA | May 30, 2014 Subsequent event Loan agreement with bank | May 30, 2014 Subsequent event Utica LSA | Jun. 23, 2014 Subsequent event Ranor, Inc. Alexander Shen
Subsequent events |  |  |  |  |  |  |  |  |
Aggregate principal amount |  |  |  |  |  |  |  | $ 4,150,000 |
Stated interest rate to be used as variable interest basis |  |  |  |  |  |  |  | 7.50% |
Interest margin (as a percent) |  |  |  |  |  |  |  | 3.30% |
Variable interest basis |  |  |  |  |  |  |  | six-month LIBOR interest rate |
Maximum amount of debt that can be defaulted |  |  |  |  |  |  |  | 5,000 |
Fees and associated costs paid |  |  |  |  |  | 240,000 |  |  |
Repayment of debt |  |  |  |  |  |  | 2,650,000 |  |
Loan proceeds retained for general corporate purposes |  |  |  |  |  | 1,270,000 |  |  |
Annual base salary to be received to pursuant to the employment agreement |  |  |  |  |  |  |  |  | 275,000
Black Scholes value at the time of grant of stock options awards granted |  |  |  |  |  |  |  |  | $ 250,000
Annual cash performance bonus as a percentage of base salary |  |  |  |  |  |  |  |  | 50.00%
Shares converted into common stock | 3,994,133 | 1,502,984 | 3,055,490 | 1,502,984 | 550,000 |  |  |  |
Number of shares of common stock issued for converted preferred stock | 3,055,490 | 1,964,694 | 3,994,134 | 1,964,694 | 718,959 |  |  |  |

X
- Definition Amount of base salary to be received by the individual pursuant to employment agreements. + References No definition available. + Details
Name: | tpcs_AnnualBaseSalaryToBeReceivedByIndividualPursuantToEmploymentAgreement
Namespace Prefix: | tpcs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the annual cash performance bonus as a percentage of base salary pursuant to employment agreements. + References No definition available. + Details
Name: | tpcs_AnnualCashPerformanceBonusAsPercentageOfBaseSalary
Namespace Prefix: | tpcs_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the maximum amount of debt that can be defaulted under the terms of the covenant. + References No definition available. + Details
Name: | tpcs_DebtInstrumentCovenantMaximumDefaultInPaymentOfDebtAmount
Namespace Prefix: | tpcs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Stated interest rate to be used as the basis for the variable rate calculation of the debt instrument. + References No definition available. + Details
Name: | tpcs_DebtInstrumentStatedVariableRateBasis
Namespace Prefix: | tpcs_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Loan proceeds retained for general corporate purposes. + References No definition available. + Details
Name: | tpcs_LoanProceedsRetainedForGeneralUse
Namespace Prefix: | tpcs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Intrinsic value of equity-based compensation awards granted. + References No definition available. + Details
Name: | tpcs_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateTotalIntrinsicValue
Namespace Prefix: | tpcs_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_ConversionOfStockSharesConverted1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of new shares issued in the conversion of stock in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_ConversionOfStockSharesIssued1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDebtIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. + References No definition available. + Details
Name: | us-gaap_RepaymentsOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_SubsequentEventLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration