Quarterly report pursuant to Section 13 or 15(d)

Long Term Debt (Details Narrative)

v3.19.3
Long Term Debt (Details Narrative) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended
Jul. 02, 2019
Jun. 20, 2019
Apr. 02, 2019
Mar. 29, 2019
Oct. 31, 2011
Sep. 30, 2019
Sep. 30, 2019
Dec. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Long-term debt           $ 3,909,000 $ 3,909,000   $ 3,909,000 $ 3,302,000
Tangible adjusted net worth requirement       $ 26,000,000            
Letters of credit outstanding, amount           2,639,000 2,639,000   2,639,000  
Prepayments in principal amount           208,000        
Amendment to Revised Loan Agreement [Member]                    
Debt maturity date   Mar. 24, 2021                
Fixed charge coverage ratio description   Removed the FCCR calculation requirement for the second, third and fourth quarter of 2019. Starting in the first quarter of 2020, the Company will again be required to maintain a minimum FCCR of not less than 1.15 to 1.0 for the four quarter period ending March 31, 2020 and for each fiscal quarter thereafter;                
Release of sinking fund related to insurance policy   $ 4,000,000                
Minimum adjusted EBITDA           475,000        
Release of indefinite reduction in borrowing availability, description   Immediate release of $450,000 of the $1,000,000 indefinite reduction in borrowing availability that our lender had previously imposed. Release of another $300,000 of the remaining $550,000 reduction in borrowing availability by our lender if the Company meets its minimum Adjusted EBITDA requirement for the quarter ending September 30, 2019 as discussed above, in addition to the Company having received no less than $4,000,000 of the restricted finite risk sinking funds held as collateral by AIG under our financial assurance policy. Our lender will release the final $250,000 reduction in borrowing availability if the Company meets its Adjusted EBITDA requirement for the three quarter period ending December 31, 2019                
Release of amount from reduction in borrowing availability   $ 1,000,000       450,000        
Loan and Securities Purchase Agreement, Promissory Note and Subordination Agreement [Member]                    
Debt instrument, periodic payment, principal     $ 208,333              
Debt outstanding     $ 2,500,000              
Debt instrument, interest rate, stated percentage     4.00%              
Debt instrument, first required interest payment     May 01, 2019              
Debt discount and debt issuance costs     $ 398,000              
Common stock, minimum closing bid price per share     $ 3.51              
Common stock issued percentage     14.90%              
Loan and Securities Purchase Agreement, Promissory Note and Subordination Agreement [Member] | Private Placement [Member]                    
Warrants to purchase share of common stock     60,000              
Warrants exercise price     $ 3.51              
Warrants, exercisable term     6 months              
Warrants, maturity date     Apr. 01, 2024              
Fair value of warrants     $ 93,000              
Shares issued to lender     75,000              
Fair value of shares issued to lender     $ 263,000              
Loan and Securities Purchase Agreement, Promissory Note and Subordination Agreement [Member] | Private Placement [Member] | Volatility Rate [Member]                    
Warrants, measurement input percentage     50.76%              
Loan and Securities Purchase Agreement, Promissory Note and Subordination Agreement [Member] | Private Placement [Member] | Risk Free Interest Rate [Member]                    
Warrants, measurement input percentage     2.31%              
Loan and Securities Purchase Agreement, Promissory Note and Subordination Agreement [Member] | Private Placement [Member] | Expected Term [Member]                    
Warrants, term     5 years              
Loan and Securities Purchase Agreement, Promissory Note and Subordination Agreement [Member] | Private Placement [Member] | Expected Dividend Rate [Member]                    
Warrants, measurement input percentage     0.00%              
Scenario, Plan [Member] [Member] | Amendment to Revised Loan Agreement [Member]                    
Minimum adjusted EBITDA             2,350,000 $ 3,750,000    
Release of amount from reduction in borrowing availability             300,000 $ 250,000    
Term Loan [Member]                    
Long-term debt [1],[2]           1,915,000 1,915,000   $ 1,915,000 $ 2,663,000
PNC Bank [Member] | Term Loan [Member]                    
Number of years used to determine monthly payment on term loan         7 years          
PNC Bank [Member] | Term Loan [Member] | Amendment to Revised Loan Agreement [Member]                    
Debt maturity date Mar. 24, 2021                  
Debt instrument, periodic payment, principal $ 35,547                  
Revised Loan Agreement [Member]                    
Tangible adjusted net worth requirement       $ 25,000,000            
Revised Loan Agreement [Member] | Second and Third Quarters of 2019 [Member]                    
Fixed charge coverage ratio description       Revised the methodology to be used in calculating the FCCR in each of the second and third quarters of 2019 (with continued requirement to maintain a minimum 1.15:1 ratio in each of the quarters)            
Revised Loan Agreement [Member] | PNC Bank [Member]                    
Debt instrument, termination notice                 90 days  
Revised Loan Agreement [Member] | PNC Bank [Member] | Term Loan [Member]                    
Long-term debt         $ 6,100,000          
Debt instrument, periodic payment, principal         $ 101,600          
Revised Loan Agreement [Member] | PNC Bank [Member] | Term Loan [Member] | Prime Plus [Member]                    
Debt instrument, basis spread on variable rate       2.50%            
Revised Loan Agreement [Member] | PNC Bank [Member] | Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]                    
Debt instrument, basis spread on variable rate       3.50%            
Revolving Credit and Term Loan Agreement [Member]                    
Debt outstanding     $ 2,500,000              
Facility fee line of credit percentage       0.25%            
Lender fee   $ 50,000   $ 20,000            
Revolving Credit and Term Loan Agreement [Member] | Revised Loan Agreement [Member]                    
Facility fee line of credit percentage       0.375%            
Revolving Credit and Term Loan Agreement [Member] | American International Group [Member]                    
Release of sinking fund related to insurance policy     $ 5,000,000              
Revolving Credit Facility [Member] | PNC Bank [Member]                    
Release of indefinite reduction in borrowing availability, description                 The Company meeting the "Adjusted EBITDA" minimum requirement for the third quarter of 2019, the Company's lender is expected to release $300,000 of the $550,000 reduction in borrowing availability subsequent to the filing of the Company's Form 10-Q for the third quarter 2019.  
Line of credit facility, remaining borrowing capacity           9,319,000 9,319,000   $ 9,319,000  
Indefinite reduction of borrowing availability                 550,000  
Letters of credit outstanding, amount           $ 2,639,000 $ 2,639,000   $ 2,639,000  
Revolving Credit Facility [Member] | Revised Loan Agreement [Member] | PNC Bank [Member]                    
Debt maturity date         Mar. 24, 2021          
Line of credit facility, maximum borrowing capacity         $ 12,000,000          
Revolving Credit Facility [Member] | Revised Loan Agreement [Member] | PNC Bank [Member] | Prime Plus [Member]                    
Debt instrument, basis spread on variable rate       2.00%         5.00%  
Revolving Credit Facility [Member] | Revised Loan Agreement [Member] | PNC Bank [Member] | London Interbank Offered Rate (LIBOR) [Member]                    
Debt instrument, basis spread on variable rate       3.00%            
[1] Net of debt issuance costs of ($111,000) and ($80,000) at September 30, 2019 and December 31, 2018, respectively.
[2] Our revolving credit facility is collateralized by our accounts receivable and our term loan is collateralized by our property, plant, and equipment. Effective July 1, 2019, monthly installment principal payment on the Term Loan was amended to approximately $35,547 from approximately $101,600. See discussion of the amendment dated June 20, 2019 to the Company's loan agreement below.