PART I - FINANCIAL INFORMATION Item 1. FINANCIAL STATEMENTS TRANSACT TECHNOLOGIES INCORPORATED CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parentheticals) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Accumulated Amortization (in Dollars)	$ 1,025	$ 730
Common stock par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	10,891,577	10,851,955
Common stock, shares outstanding	8,813,519	9,390,262
Treasury shares	2,078,058	1,461,693