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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2016
Accounting Policies [Abstract] |
Allowance for doubtful accounts rollforward | The following is a summary of activity for the allowance for doubtful accounts from continuing operations during the years ended December 31, 2016 and 2015:
| Dollars in Thousands
| Beginning Balance |  | Provision |  | Write Offs |  | Ending Balance
Twelve months ended December 31, 2016 | $ | 87 |  |  | $ | 72 |  |  | $ | (19 | ) |  | $ | 140 |
Twelve months ended December 31, 2015 | $ | 20 |  |  | $ | 67 |  |  | $ | — |  |  | $ | 87 |
Schedule of property and equipment, useful lives | Depreciation is computed by the straight-line method over the estimated useful lives of the related assets as follows:
Leasehold improvements | 1 to 10 years
Furniture and fixtures | 3 to 7 years
Production equipment | 3 to 7 years
Computer equipment | 3 to 7 years
Research and development equipment | 2 to 7 years
Schedule of Error Corrections and Prior Period Adjustments | A beneficial conversion dividend was incurred in Q1 2016 but not accounted for until Q4 2016. Since the recording of the dividend has no impact on our earnings, we do not believe the omission is material but below are the effects of the dividend on each of our quarterly results.
| Three Months Ended March 31, 2016
(dollars in thousands except per share data) | As Reported | Beneficial Conversion Dividend | Adjusted
NET LOSS | $ | (3,264 | ) |  | $ | (3,264 | )
PREFERRED STOCK DIVIDENDS | (21 | ) | (372 | ) | (393 | )
NET LOSS FROM CONTINUING OPERATIONS AVAILABLE TO COMMON STOCKHOLDERS | (2,112 | ) | (372 | ) | (2,484 | )
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS AVAILABLE TO COMMON STOCKHOLDERS | (1,173 | ) |  | (1,173 | )
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS | $ | (3,285 | ) | (372 | ) | $ | (3,657 | )
BASIC AND DILUTED LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS | $ | (0.10 | ) |  | $ | (0.12 | )
BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE FROM DISCONTINUED OPERATIONS | $ | (0.06 | ) |  | $ | (0.06 | )
BASIC AND DILUTED LOSS PER COMMON SHARE | $ | (0.16 | ) |  | $ | (0.18 | )
BASIC AND DILUTED WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING | 20,323,333 |  |  | 20,323,333 |
| Six Months Ended June 30, 2016
(dollars in thousands except per share data) | As Reported | Beneficial Conversion Dividend | Adjusted
NET LOSS | $ | (4,261 | ) |  | $ | (4,261 | )
PREFERRED STOCK DIVIDENDS | (21 | ) | (372 | ) | (393 | )
NET LOSS FROM CONTINUING OPERATIONS AVAILABLE TO COMMON STOCKHOLDERS | (4,291 | ) | (372 | ) | (4,663 | )
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS AVAILABLE TO COMMON STOCKHOLDERS | 9 |  |  | 9 |
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS | $ | (4,282 | ) | (372 | ) | $ | (4,654 | )
BASIC AND DILUTED LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS | $ | (0.20 | ) |  | $ | (0.22 | )
BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE FROM DISCONTINUED OPERATIONS | $ | — |  |  | $ | — |
BASIC AND DILUTED LOSS PER COMMON SHARE | $ | (0.20 | ) |  | $ | (0.22 | )
BASIC AND DILUTED WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING | 21,060,387 |  |  | 21,060,387 |
| Nine Months Ended September 30, 2016
(dollars in thousands except per share data) | As Reported | Beneficial Conversion Dividend | Adjusted
NET LOSS | $ | (6,187 | ) |  | $ | (6,187 | )
PREFERRED STOCK DIVIDENDS | (21 | ) | (372 | ) | (393 | )
NET LOSS FROM CONTINUING OPERATIONS AVAILABLE TO COMMON STOCKHOLDERS | (6,183 | ) | (372 | ) | (6,555 | )
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS AVAILABLE TO COMMON STOCKHOLDERS | (25 | ) |  | (25 | )
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS | $ | (6,208 | ) | (372 | ) | $ | (6,580 | )
BASIC AND DILUTED LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS | $ | (0.28 | ) |  | $ | (0.30 | )
BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE FROM DISCONTINUED OPERATIONS | $ | — |  |  | $ | — |
BASIC AND DILUTED LOSS PER COMMON SHARE | $ | (0.28 | ) |  | $ | (0.30 | )
BASIC AND DILUTED WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING | 21,896,943 |  |  | 21,896,943 |

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