XML 31 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 2,475,000 $ 1,905,000
Restricted cash (Note 2) 100,000 200,000
Accounts receivable, less allowances of $87,000 and $92,000, respectively 853,000 501,000
Inventories, less reserves for obsolescence of $5,108,000, and $4,233,000, respectively 10,986,000 12,801,000
Prepaid expenses and other current assets 66,000 55,000
Total current assets 14,480,000 15,462,000
Property and equipment, net (Note 3) 4,630,000 4,822,000
Other assets (Note 4) 1,297,000 874,000
Total assets 20,407,000 21,158,000
Current Liabilities:    
Accounts payable 668,000 793,000
Accrued liabilities 428,000 332,000
Current portion of long-term debt from related party (Note 5) 1,500,000  
Total current liabilities 2,596,000 1,125,000
Long-term debt from related party (Note 5)   1,500,000
Total Liabilities 2,596,000 2,625,000
Commitments and contingencies (Notes 5, 8 and 9) 0 0
Shareholders’ Equity:    
Preferred stock, $0.001 par value. Authorized 5,000,000 shares; None issued or outstanding 0 0
Additional paid-in capital 10,635,000 10,616,000
Accumulated other comprehensive income 128,000 98,000
Retained earnings 6,892,000 7,631,000
Noncontrolling interest in subsidiary 150,000 182,000
Total Shareholders’ Equity 17,811,000 18,533,000
Total Liabilities and Shareholders’ Equity 20,407,000 21,158,000
Common Class A [Member]
   
Shareholders’ Equity:    
Common Stock, value, issued 5,000 5,000
Common Class B [Member]
   
Shareholders’ Equity:    
Common Stock, value, issued $ 1,000 $ 1,000