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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 129,238 $ 279,288
Accounts receivable, less allowance for doubtful accounts of approximately $145,000 in 2014 and $199,000 in 2013 2,361,199 2,097,644
Inventories, net 3,353,030 2,738,813
Prepaid expenses 491,225 299,730
Total current assets 6,334,692 5,415,475
Property, plant and equipment:    
Buildings and leasehold improvements 456,333 552,561
Machinery and equipment 10,521,425 12,089,799
10,977,758 12,642,360
Less allowance for depreciation and amortization (8,452,428) (9,226,076)
2,525,330 3,416,284
Other noncurrent assets 191,465 123,856
Total assets 9,051,487 8,955,615
Current liabilities:    
Accounts payable 2,943,024 2,496,331
Customer deposits 280,206 216,107
Commissions, salaries, wages, and taxes thereon 160,684 77,101
Income taxes payable 4,011 5,326
Revolving line of credit 2,164,569 1,580,611
Current portion of long-term debt 240,000 240,000
Note payable to related party 200,000 200,000
Current portion of capital lease obligation 14,287 13,883
Accrued settlement, current portion   156,000
Other accrued expenses 982,421 660,771
Total current liabilities 6,989,202 5,646,130
Long-term liabilities:    
Long-term debt, net of current portion 680,000 920,000
Capital lease obligation, net of current portion 52,522 59,768
Accrued settlement, net of current portion   130,000
Pension and other benefits 1,192,372 1,274,173
1,924,894 2,383,941
Total liabilities 8,914,096 8,030,071
Stockholders’ equity:    
Common stock, $1.00 par value: Authorized shares – 4,000,000 Issued shares – 1,879,319 in 2014 and 1,879,319 in 2013; Outstanding shares – 1,687,319 in 2014 and 1,687,319 in 2013 1,879,319 1,879,319
Other capital 271,381 271,381
Retained earnings 765,953 1,565,134
Treasury stock at cost, 192,000 shares (2,112,000) (2,112,000)
Accumulated other comprehensive loss (967,262) (978,290)
Total stockholders’ equity 137,391 925,544
Total liabilities and stockholders’ equity 9,051,487 8,955,615
Series C Preferred Stock [Member]
   
Stockholders’ equity:    
Series C redeemable, convertible preferred stock, $1.00 par value: Liquidation preference of $5 per share Authorized shares - 100,000 Issued and outstanding shares - 60,000 in 2014 and 60,000 in 2013 $ 300,000 $ 300,000