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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | Income tax provision is summarized as follows:
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |
Current: |  |  |  |  |  |  |  |
Federal |  | $ | - |  |  | $ | - |
Foreign |  |  | - |  |  |  | - |
State |  |  | - |  |  |  | 6,000 |
|  |  | - |  |  |  | 6,000 |
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | 97,000 |  |  |  | 216,000 |
State |  |  | 7,000 |  |  |  | 103,000 |
Decrease in valuation allowance |  |  | (104,000 | ) |  |  | (319,000 | )
|  |  | - |  |  |  | - |
Income tax provision |  | $ | - |  |  | $ | 6,000 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | The actual income tax provision differs from the “expected” tax computed by applying the Federal corporate tax rate of 21% to the loss before income taxes as follows:
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |
“Expected” income tax benefit |  | $ | 204,000 |  |  | $ | 288,000 |
State tax expense, net of Federal benefit |  |  | - |  |  |  | 5,000 |
Foreign loss |  |  | (30,000 | ) |  |  | - |
Decrease in valuation allowance |  |  | (104,000 | ) |  |  | (319,000 | )
Foreign tax expense |  |  | - |  |  |  | (4,000 | )
Other |  |  | (70,000 | ) |  |  | 36,000 |
Income tax provision |  | $ | - |  |  | $ | 6,000 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The tax effects of temporary differences which give rise to significant portions of the deferred taxes are summarized as follows:
|  | December 31, |
|  | 2019 |  |  | 2018 |
Deferred tax assets: |  |  |  |  |  |  |  |
Inventory reserves |  | $ | 1,758,000 |  |  | $ | 2,146,000 |
Allowances for bad debts and returns |  |  | 5,000 |  |  |  | 11,000 |
Accrued expenses |  |  | 21,000 |  |  |  | 19,000 |
Asset valuation reserve |  |  | 539,000 |  |  |  | 481,000 |
Net operating loss carry forwards |  |  | 283,000 |  |  |  | 136,000 |
Other |  |  | 160,000 |  |  |  | 152,000 |
Total deferred tax assets |  |  | 2,766,000 |  |  |  | 2,945,000 |
Valuation allowance |  |  | (2,587,000 | ) |  |  | (2,691,000 | )
|  |  | 179,000 |  |  |  | 254,000 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Inventory overhead deferred tax liability |  |  | - |  |  |  | (73,000 | )
Deferred state taxes |  |  | (179,000 | ) |  |  | (181,000 | )
Total deferred tax liabilities |  |  | (179,000 | ) |  |  | (254,000 | )
Net deferred tax assets |  | $ | - |  |  | $ | - |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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