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Condensed Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 6,804,000 $ 7,189,000
Cost of goods sold 4,668,000 4,992,000
Gross profit 2,136,000 2,197,000
Selling, general and administrative expenses 2,793,000 2,641,000
Operating loss (657,000) (444,000)
Interest expense, net (65,000) (44,000)
Other income, net 92,000 132,000
Loss before income taxes (630,000) (356,000)
Income tax provision (3,000) (7,000)
Net loss (633,000) (363,000)
Net loss attributable to noncontrolling interest in subsidiary (20,000) (20,000)
Net loss attributable to Taitron Components Inc. $ (613,000) $ (343,000)
Net loss per share: Basic & Diluted (in Dollars per share) $ (0.11) $ (0.07)
Weighted average common shares outstanding: Basic & Diluted (in Shares) 5,539,756 5,539,756