DEBT AND LINE OF CREDIT (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

The Company’s Line of Credit and Debt consisted of the following as of December 31, 2015 and December 31, 2014:

	December 31, 2015		December 31, 2014
Loan and Security Agreement with Cherokee Financial, LLC(1): 5 year note at an annual interest rate of 8% plus a 1% annual oversight fee, interest only and oversight fee paid quarterly with first payment being due on May 15, 2015, annual principal reduction payment of $75,000 due each year beginning on February 15, 2016, with a final balloon payment being due on February 15, 2020. Loan is collateralized by a first security interest in building, land and property	$	1,200,000	$	0
Crestmark Line of Credit(2): 3 year line of credit with interest payable at a variable rate based on WSJ Prime plus 2% with a floor or 5.25%; loan fee of 0.5% annually & monthly maintenance fee of 0.3% on actual loan balance from prior month. Early termination fee of 3% if terminated in year 1 and 2% if terminated in year 2 or after (and prior to natural expiration). Loan is collateralized by first security interest in receivables and inventory.		777,000		0
First Niagara(1): Mortgage payable in equal monthly installments of $13,199 including interest at 8.25%, collateralized by the building, land and personal property.(1)		0		348,000
Debenture financing(1): $523,000 in principal amount of Series A Debentures; interest at 15% per annum from August 1, 2013 through January 31, 2015, payable quarterly.		0		523,000
Bridge Loan with Cantone Asset Management, LLC(1): Interest rate of 15% payable upon loan maturity.		0		200,000
Imperium Line of Credit(2): Interest payable in arrears for the preceding calendar month on the first day of each calendar month at a rate of 8% per annum plus “PIK” interest at a 2% per annum. Unused line fee equal to 2% of the maximum amount available under the line, less the aggregate amounts outstanding to Imperium, payable on the first day of each calendar month. Collateral Monitoring Fee of $2,500 due on the first day of each month. Success fee if Imperium terminates due to an event of default, or if we terminate and pre-pay all amounts due to Imperium prior to the stated expiration date of January 16, 2016.		0		1,076,000
		1,977,000		2,147,000
Less debt discount (Debenture and line of credit financings)		(180,000)		(97,000)
Total debt	$	1,797,000	$	2,050,000
Current portion	$	852,000	$	1,837,000
Long-term portion	$	945,000	$	213,000

(1) On March 26, 2015, the Company entered into a Loan and Security Agreement (“LSA”) with Cherokee Financial, LLC (the “Cherokee LSA”). The purpose of the Cherokee LSA was to refinance the Series A Debentures and Cantone Asset Management LLC Bridge Loan (both of which matured on February 1, 2015) and the Mortgage Consolidation Loan with First Niagara Bank at a better interest rate.

(2) On June 29, 2015, the Company entered into a Loan and Security Agreement with Crestmark Bank. The purpose of the Crestmark LSA was to refinance the Company’s line of credit with Imperium at a better interest rate.

Schedule of Maturities of Long-term Debt [Table Text Block]

At December 31, 2015, the following are the debt maturities for each of the next five years:

2016	$	852,000	(3)
2017		75,000
2018		75,000
2019		75,000
2020		720,000
	$	1,797,000

(3) Although the Crestmark Line of Credit does not mature until June 29, 2018, the balance on the line of credit is included in the debt maturity for 2016 given the “demand” nature of the line of credit.