XML 49 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 7. Line of Credit
6 Months Ended
Jun. 30, 2013
Notes to Financial Statements  
Line of Credit

Effective April 30, 2013, the Company renewed it’s Line of Credit and increased the amount of funds available to 75% of eligible accounts receivable, as defined in the Line of Credit agreement, up to a maximum of $2,000,000. The interest rate was also reduced to Libor plus 3.5%. No amounts were outstanding under the Line of Credit as of June 30, 2013.