Liquidity and Management's Plans

3 Months Ended

Mar. 31, 2016

Liquidity and management's plans [Abstract]

Liquidity and Management's Plans

Liquidity and Management’s Plans

As of March 31, 2016, the Company had approximately $15,117,000 of cash and cash equivalents.  The Company reported total current assets of approximately $95,240,000 and current liabilities of approximately $28,842,000 as of March 31, 2016.  The Company believes that its anticipated cash from operating and financing activities, existing cash and cash equivalents, short term investments and availability under its line of credit will enable the Company to meet its operational liquidity needs and fund its planned investing activities for the next twelve months.