BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2013

BUSINESS SEGMENTS [Abstract]

Schedule of segment reporting information

The following is the Company's reporting segment information as of and for the years ended December 31, 2013 and 2012:

Year ended December 31,	2013			2012
Net sales:
Electronics Group:
Domestic	$	12,112,000		$	15,311,000
Foreign		1,035,000			1,755,000
Total Electronics Group		13,147,000			17,066,000
Power Group:
Domestic		10,780,000			11,326,000
Foreign		931,000			1,056,000
Total Power Group		11,711,000			12,382,000
Intersegment Sales		(20,000	)		(10,000	)
Total net sales	$	24,838,000		$	29,438,000
Income (loss) before income tax provision:
Electronics Group (1)	$	(1,022,000	)	$	(1,592,000	)
Power Group		1,978,000			2,717,000
Intersegment profit		9,000			14,000
General corporate expenses not allocated		(1,191,000	)		(1,224,000	)
Interest expense		(59,000	)		(124,000	)
Investment and other income, net		22,000			144,000
Loss before income tax provision	$	(263,000	)	$	(65,000	)
December 31,		2013			2012
Assets:
Electronics Group	$	8,859,000		$	12,540,000
Power Group		7,240,000			8,504,000
General corporate assets not allocated		3,673,000			3,982,000
Elimination of intersegment gross profit in ending inventory		(41,000	)		(50,000	)
Total assets	$	19,731,000		$	24,976,000
Depreciation and amortization:
Electronics Group	$	428,000		$	266,000
Power Group		35,000			22,000
Total depreciation and amortization	$	463,000		$	288,000

(1) Includes restructuring charges of $29,000 in 2013 and costs related to non-renewal of a senior officer contract and a goodwill impairment charge of $1,194,000 and $820,000, respectively, in 2012.