Liquidity and Management's Plans

3 Months Ended

Mar. 31, 2014

Liquidity and management's plans [Abstract]

Liquidity and Management's Plans

Liquidity and Management’s Plans

As of March 31, 2014, the Company had approximately $43,020,000 of cash and cash equivalents.  The Company reported total current assets of approximately $67,904,000 and current liabilities of approximately $9,594,000 as of March 31, 2014.  The Company believes that its anticipated cash from operating and financing activities, existing cash and cash equivalents, as well as its $3 million line of credit will enable the Company to meet its operational liquidity needs and fund its planned investing activities for the next twelve months.