Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Details Narrative)

v3.20.1
Long-Term Debt (Details Narrative) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Jul. 02, 2019
Jun. 20, 2019
Apr. 02, 2019
Mar. 29, 2019
May 30, 2018
Oct. 31, 2011
Jun. 30, 2019
Sep. 30, 2019
Dec. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Long-term debt                 $ 2,580,000 $ 2,580,000  
Tangible adjusted net worth requirement       $ 26,000,000              
Debt outstanding                 4,220,000 4,220,000  
Letters of credit outstanding, amount                 2,639,000 2,639,000  
Prepayments in principal amount                   520,000  
Fair value of shares issued to lender         $ 648,000            
Debt discount and debt issuance costs                 340,000 340,000  
Amendment to Revised Loan Agreement [Member]                      
Fixed charge coverage ratio description   Removal of 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 PNC had previously imposed; the release of another $300,000 of the remaining $550,000 reduction in borrowing availability if the Company meets it minimum Adjusted EBITDA requirement for the quarter ending September 30, 2019 as discussed above (which our lender released in November 2019), 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; and the release the final $250,000 reduction in borrowing availability if we meet our 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        
Indefinite reduction of borrowing availability   550,000                  
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]                      
Debt outstanding [1],[2]                 1,827,000 $ 1,827,000 $ 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 fourth quarter of 2019, the Company's lender is expected to release the remaining $250,000 reduction in borrowing availability subsequent to the filing of our 2019 Form 10-K.  
Indefinite reduction of borrowing availability                   $ 250,000  
Line of credit facility, remaining borrowing capacity                 8,714,000 8,714,000  
Letters of credit outstanding, amount                 $ 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%           4.75%  
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 ($92,000) and ($80,000) at December 31, 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 $35,500 from approximately $101,600. See discussion of the amendment dated June 20, 2019 to the Company's loan agreement below.