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Nature of Operations and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2013
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]  
Summary Of Uncompleted Contracts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2013

 

 

December 31, 2012

 

 

 

 

 

 

 

 

Cost incurred on uncompleted contracts

$

131 

 

$

14 

 

Estimated earnings

 

216 

 

 

61 

 

Revenue recognized

 

347 

 

 

75 

 

Less: billings to date

 

(341)

 

 

(32)

 

 

$

 

$

43 

 

 

 

 

 

 

 

 

 

Financial Statement Presentation On Uncompleted Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The above information is presented in the balance sheet as follows:

 

 

 

 

 

 

 

 

September 30, 2013

 

 

December 31, 2012

 

Costs and estimated earnings in excess of billings on uncompleted contracts

$

 

$

44 

 

Billings in excess of costs and estimated earnings on uncompleted contracts

 

(2)

 

 

(1)

 

 

$

 

$

43 

 

 

 

 

 

 

 

 

 

Estimated Useful Lives Used To Compute Depreciation And Amortization

Equipment

3  -  5 years

Demonstration equipment

3  -  5 years

Furniture and fixtures

7 years

Purchased software

3 years

Leased equipment

3 years

Leasehold improvements

Shorter of 5 years or term of lease