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Note 5. Line of Credit
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Line of Credit

Effective September 2, 2014, the Company renewed its Line of Credit and increased the amount of funds available to 80% 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 3.0%, and therefore was 3.17% at December 31, 2014. The Company borrowed $500,000 during the year ended December 31, 2013 to partially finance the acquisition of PIR.  All borrowings, plus the balance from the prior year, were repaid during the year ended December 31, 2013, and therefore the Company did not owe any amounts on the Line of Credit at December 31, 2013 or December 31, 2014. As of December 31, 2014, the Company had approximately $991,000 remaining for future borrowings under the line of credit based on the calculation of eligible accounts receivable.