Note 7 - Contracts in Progress

12 Months Ended

Dec. 31, 2012

Contracts In Progress [Text Block]

7.    Contracts in Progress

Costs and estimated earnings on contracts in progress for the year ending December 31, 2012 and 2011 are summarized in the table below (in thousands):

	December 31,
	2012			2011
Costs incurred on uncompleted contracts	$	7,067		$	3,193
Estimated earnings		1,330			855
Total revenues		8,397			4,048
Less: billings to date		8,762			4,031
Total	$	(365	)	$	17
Balance sheet classification:
Costs in excess of billings on uncompleted contracts	$	99		$	171
Billings in excess of costs on uncompleted contracts		(464	)		(154	)
Total	$	(365	)	$	17