Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Taxes [Abstract]

Summary of provision (benefit) for income taxes

	2017			2016
Current:
Federal	$	-		$	-
State and local		17			19
		17			19
Deferred:
Federal		4,086			(332	)
State and local		(10	)		1,004
		4,076			672
Valuation allowance		4,111			(662	)
Provision for income taxes	$	(18	)	$	29

Schedule of provision (benefit) for income taxes federal statutory rates

	2017			2016
Provision (benefit) for Federal income taxes at the statutory rate	$	(137	)	$	(396	)
State and local income taxes, net of Federal benefit		10			12
Permanent differences:
Other		147			66
Deferred tax asset true-up		-			1,007
Change in valuation allowance		(4,111	)		(662	)
Rate differential		4,078			-
Other		(5	)		2
Provision (benefit) for income taxes	$	(18	)	$	29

Schedule of components of deferred income tax assets

	December 31,
	2017			2016
Deferred tax assets:
Allowance for doubtful accounts	$	38		$	62
Inventories		746			1,673
Intangible		105			154
Share based compensation		70			68
Net operating loss carry forward		5,874			9,032
Other		1			2
Total deferred tax assets		6,834			10,991
Deferred tax liabilities:
Depreciation		(44	)		(77	)
Intangible		(4	)		(7	)
Pension liability		(12	)		(22	)
Indefinite life intangibles		(104	)		(139	)
Total deferred tax liabilities		(164	)		(245	)
		6,670			10,746
Valuation allowance		(6,774	)		(10,885	)
Net	$	(104	)	$	(139	)