Document_And_Entity_Informatio
Document And Entity Information (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Mar. 19, 2014 | Jun. 30, 2013 | |
Document and Entity Information [Abstract] | ' | ' | ' |
Entity Registrant Name | 'INTERPHASE CORP | ' | ' |
Document Type | '10-K | ' | ' |
Current Fiscal Year End Date | '--12-31 | ' | ' |
Entity Common Stock, Shares Outstanding | ' | 7,011,146 | ' |
Entity Public Float | ' | ' | $17,100,000 |
Amendment Flag | 'false | ' | ' |
Entity Central Index Key | '0000728249 | ' | ' |
Entity Current Reporting Status | 'Yes | ' | ' |
Entity Voluntary Filers | 'No | ' | ' |
Entity Filer Category | 'Smaller Reporting Company | ' | ' |
Entity Well-known Seasoned Issuer | 'No | ' | ' |
Document Period End Date | 31-Dec-13 | ' | ' |
Document Fiscal Year Focus | '2013 | ' | ' |
Document Fiscal Period Focus | 'FY | ' | ' |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Cash and cash equivalents | $1,478 | $3,949 |
Marketable securities | 5,121 | 4,854 |
Trade accounts receivable, less allowances of $45 and $39, respectively | 2,679 | 2,781 |
Inventories | 3,332 | 2,219 |
Prepaid expenses and other current assets | 1,041 | 350 |
Total current assets | 13,651 | 14,153 |
Machinery and equipment | 6,064 | 6,036 |
Leasehold improvements | 380 | 332 |
Furniture and fixtures | 425 | 400 |
6,869 | 6,768 | |
Less-accumulated depreciation and amortization | -6,552 | -6,434 |
Total property and equipment, net | 317 | 334 |
Capitalized software, net | 96 | 175 |
Other assets | 345 | 516 |
Total assets | 14,409 | 15,178 |
Liabilities | ' | ' |
Accounts payable | 1,475 | 777 |
Deferred revenue | 652 | 375 |
Accrued liabilities | 1,513 | 1,149 |
Accrued compensation | 231 | 221 |
Total current liabilities | 3,871 | 2,522 |
Deferred lease obligations | 16 | 103 |
Long term debt | 3,500 | 3,500 |
Total liabilities | 7,387 | 6,125 |
Commitments and contingencies | ' | ' |
Shareholders' Equity | ' | ' |
Common stock, $.10 par value; 100,000,000 shares authorized; 7,011,146 and 7,006,310 shares issued and outstanding, respectively | 701 | 701 |
Additional paid in capital | 46,442 | 45,730 |
Accumulated deficit | -39,196 | -36,493 |
Cumulative other comprehensive loss | -925 | -885 |
Total shareholders' equity | 7,022 | 9,053 |
Total liabilities and shareholders' equity | $14,409 | $15,178 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parentheticals) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, except Share data, unless otherwise specified | ||
Trade accounts receivable, allowances (in Dollars) | $45 | $39 |
Common stock par value (in Dollars per share) | $0.10 | $0.10 |
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, shares issued | 7,011,146 | 7,006,310 |
Common stock, shares outstanding | 7,011,146 | 7,006,310 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 12 Months Ended | ||
Share data in Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Revenues: | ' | ' | ' |
Product | $11,256,000 | $10,609,000 | $19,524,000 |
Service | 4,332,000 | 3,246,000 | 2,469,000 |
Total revenues | 15,588,000 | 13,855,000 | 21,993,000 |
Cost of sales: | ' | ' | ' |
Product | 6,000,000 | 5,382,000 | 9,907,000 |
Service | 3,279,000 | 2,324,000 | 1,555,000 |
Total cost of sales | 9,279,000 | 7,706,000 | 11,462,000 |
Gross margin | 6,309,000 | 6,149,000 | 10,531,000 |
Research and development | 2,992,000 | 3,290,000 | 3,814,000 |
Sales and marketing | 2,625,000 | 3,358,000 | 3,498,000 |
General and administrative | 2,946,000 | 3,034,000 | 3,529,000 |
Restructuring (benefit) charge | -67,000 | 253,000 | ' |
Total operating expenses | 8,496,000 | 9,935,000 | 10,841,000 |
Loss from operations | -2,187,000 | -3,786,000 | -310,000 |
Interest income, net | 7,000 | 25,000 | 22,000 |
Other loss, net | -477,000 | -12,000 | ' |
Loss before income tax | -2,657,000 | -3,773,000 | -288,000 |
Income tax provision | 46,000 | 12,000 | 217,000 |
Net loss | ($2,703,000) | ($3,785,000) | ($505,000) |
Net loss per share: | ' | ' | ' |
Basic (in Dollars per share) | ($0.39) | ($0.54) | ($0.07) |
Diluted (in Dollars per share) | ($0.39) | ($0.54) | ($0.07) |
Weighted average common shares (in Shares) | 7,006 | 6,975 | 6,857 |
Weighted average common and dilutive shares (in Shares) | 7,006 | 6,975 | 6,857 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Net loss | ($2,703) | ($3,785) | ($505) |
Other comprehensive loss: | ' | ' | ' |
Foreign currency translation adjustment | -37 | -14 | -28 |
Unrealized holding (loss) gain arising during period, net of tax | -3 | 1 | -20 |
Other comprehensive loss | -40 | -13 | -48 |
Comprehensive loss | ($2,743) | ($3,798) | ($553) |
Consolidated_Statements_of_Sha
Consolidated Statements of Shareholders' Equity (USD $) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Total |
In Thousands | |||||
Balance at Dec. 31, 2010 | $682 | $43,355 | ($32,203) | ($824) | $11,010 |
Balance (in Shares) at Dec. 31, 2010 | 6,816 | ' | ' | ' | ' |
Option exercises | 11 | 516 | ' | ' | 527 |
Option exercises (in Shares) | 107 | ' | ' | ' | 107 |
Stock forfeited under restricted stock plan, net of stock issued | -3 | 3 | ' | ' | ' |
Stock forfeited under restricted stock plan, net of stock issued (in Shares) | -28 | ' | ' | ' | ' |
Amortization of restricted stock and stock option plan compensation | ' | 358 | ' | ' | 358 |
Foreign currency translation | ' | ' | ' | -28 | -28 |
Unrealized holding gain (loss) | ' | ' | ' | -20 | -20 |
Net loss | ' | ' | -505 | ' | -505 |
Balance at Dec. 31, 2011 | 690 | 44,232 | -32,708 | -872 | 11,342 |
Balance (in Shares) at Dec. 31, 2011 | 6,895 | ' | ' | ' | ' |
Option exercises | 17 | 818 | ' | ' | 835 |
Option exercises (in Shares) | 177 | ' | ' | ' | 176 |
Stock forfeited under restricted stock plan, net of stock issued | -6 | 6 | ' | ' | ' |
Stock forfeited under restricted stock plan, net of stock issued (in Shares) | -66 | ' | ' | ' | ' |
Amortization of restricted stock and stock option plan compensation | ' | 674 | ' | ' | 674 |
Foreign currency translation | ' | ' | ' | -14 | -14 |
Unrealized holding gain (loss) | ' | ' | ' | 1 | 1 |
Net loss | ' | ' | -3,785 | ' | -3,785 |
Balance at Dec. 31, 2012 | 701 | 45,730 | -36,493 | -885 | 9,053 |
Balance (in Shares) at Dec. 31, 2012 | 7,006 | ' | ' | ' | ' |
Option exercises | 1 | 25 | ' | ' | 26 |
Option exercises (in Shares) | 15 | ' | ' | ' | 15 |
Stock forfeited under restricted stock plan, net of stock issued | -1 | 1 | ' | ' | ' |
Stock forfeited under restricted stock plan, net of stock issued (in Shares) | -10 | ' | ' | ' | ' |
Amortization of restricted stock and stock option plan compensation | ' | 686 | ' | ' | 686 |
Foreign currency translation | ' | ' | ' | -37 | -37 |
Unrealized holding gain (loss) | ' | ' | ' | -3 | -3 |
Net loss | ' | ' | -2,703 | ' | -2,703 |
Balance at Dec. 31, 2013 | $701 | $46,442 | ($39,196) | ($925) | $7,022 |
Balance (in Shares) at Dec. 31, 2013 | 7,011 | ' | ' | ' | ' |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Cash flows from operating activities: | ' | ' | ' |
Net loss | ($2,703,000) | ($3,785,000) | ($505,000) |
Adjustments to reconcile net loss to net cash (used in) provided by operating activities: | ' | ' | ' |
Allowance for/(recovery of) doubtful accounts and returns | 19,000 | -4,000 | -22,000 |
Writedowns of excess and obsolete inventories | 120,000 | 57,000 | 60,000 |
Depreciation and amortization | 221,000 | 377,000 | 565,000 |
Amortization of stock-based compensation | 686,000 | 674,000 | 358,000 |
Loss on retirement of machinery and equipment | 8,000 | ' | ' |
Change in assets and liabilities: | ' | ' | ' |
Trade accounts receivable | 83,000 | 221,000 | 1,914,000 |
Inventories | -1,233,000 | -720,000 | 29,000 |
Prepaid expenses and other current assets | -677,000 | 66,000 | -51,000 |
Other assets | 174,000 | -77,000 | 312,000 |
Accounts payable, deferred revenue and accrued liabilities | 1,294,000 | -120,000 | -1,550,000 |
Accrued compensation | 10,000 | -172,000 | -276,000 |
Deferred lease obligations | -87,000 | -77,000 | -63,000 |
Net cash (used in) provided by operating activities | -2,085,000 | -3,560,000 | 771,000 |
Cash flows from investing activities: | ' | ' | ' |
Purchase of property and equipment | -120,000 | -165,000 | -205,000 |
Purchase of capitalized software | -14,000 | -127,000 | -93,000 |
Proceeds from the sale of marketable securities | 14,670,000 | 10,248,000 | 7,878,000 |
Purchases of marketable securities | -14,938,000 | -10,746,000 | -6,249,000 |
Net cash (used in) provided by investing activities | -402,000 | -790,000 | 1,331,000 |
Cash flows from financing activities: | ' | ' | ' |
Borrowings under credit facility | 14,000,000 | 14,000,000 | 10,500,000 |
Payments on credit facility | -14,000,000 | -14,000,000 | -10,500,000 |
Proceeds from the exercise of stock options | 26,000 | 835,000 | 527,000 |
Net cash provided by financing activities | 26,000 | 835,000 | 527,000 |
Effect of exchange rate changes on cash and cash equivalents | -10,000 | -6,000 | 69,000 |
Net (decrease) increase in cash and cash equivalents | -2,471,000 | -3,521,000 | 2,698,000 |
Cash and cash equivalents at beginning of year | 3,949,000 | 7,470,000 | 4,772,000 |
Cash and cash equivalents at end of year | 1,478,000 | 3,949,000 | 7,470,000 |
Supplemental Disclosure of Cash Flow Information: | ' | ' | ' |
Income taxes paid | 12,000 | 10,000 | 14,000 |
Interest paid | $7,000 | $7,000 | $30,000 |
Note_1_Summary_of_Significant_
Note 1 - Summary of Significant Accounting Policies | 12 Months Ended | |||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||
Accounting Policies [Abstract] | ' | |||||||||||||||||||||||||
Significant Accounting Policies [Text Block] | ' | |||||||||||||||||||||||||
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ||||||||||||||||||||||||||
Description of the Business: Interphase Corporation (“Interphase” or the “Company”) is a diversified information and communications technology company, committed to innovation through the process of identifying, developing and introducing new products and services. The Company provides its customers solutions for connectivity, interworking and packet processing. Clients of the Company’s communications networking products include Alcatel-Lucent, Fujitsu Ltd., Genband, Hewlett Packard, Nokia Solutions and Networks (formerly Nokia Siemens Networks), and Samsung. | ||||||||||||||||||||||||||
The Company also offers engineering design and manufacturing services to customers from a wide variety of industries within the electronics market. | ||||||||||||||||||||||||||
Interphase recently expanded its business to include penveu®, a handheld device that adds interactivity to the installed base of projectors and large screen displays, making any flat surface, from pull down screens to HDTVs, an interactive display system. penveu is an affordable and portable solution that targets the education and enterprise markets. | ||||||||||||||||||||||||||
The Company, founded in 1974, is headquartered in Carrollton, Texas, with sales offices in the United States and Europe. See Note 13 for information regarding the Company’s revenues related to North America and foreign regions. | ||||||||||||||||||||||||||
Principles of Consolidation and Basis of Presentation: The accompanying consolidated financial statements include the accounts of Interphase Corporation and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated. In the opinion of the Company, all material adjustments and disclosures necessary to fairly present the results of such periods have been made. All such adjustments are of a normal, recurring nature. | ||||||||||||||||||||||||||
Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) requires management to make estimates and assumptions that affect the reported amounts and disclosures. Actual results could differ from those estimates. Areas involving estimates include the allowance for doubtful accounts and returns, warranties, inventory impairment charges, accrued liabilities, income tax accounts and revenues. | ||||||||||||||||||||||||||
Fair Value of Financial Instruments: Fair value is the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company classifies the levels used to measure fair value into the following hierarchy: | ||||||||||||||||||||||||||
1 | Level 1 – Valuations based on quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to obtain at the measurement date. This level provides the most reliable evidence of fair value. | |||||||||||||||||||||||||
2 | Level 2 – Valuations based on observable inputs other than Level 1, such as: quoted prices for similar assets or liabilities in active markets; quoted prices in markets that are not active; or inputs that are derived principally from or corroborated by observable market data by correlation or other means. Valuations in the category are inherently less reliable than Level 1 due to the degree of subjectivity involved in determining appropriate methodologies and the applicable observable market underlying assumptions. | |||||||||||||||||||||||||
3 | Level 3 – Valuations based on inputs that are unobservable, supported by little or no market activity, and significant to the overall fair value measurement. | |||||||||||||||||||||||||
Cash and Cash Equivalents: The Company considers cash and temporary investments with original maturities of less than three months, as well as interest-bearing money market accounts, to be cash equivalents. The Company maintains cash balances at various financial institutions with high credit ratings. From time to time, the Company has had cash in financial institutions in excess of federally insured limits or in interest bearing accounts. | ||||||||||||||||||||||||||
Marketable Securities: The Company’s investments in marketable securities primarily consist of investments in debt securities, which are classified as available-for-sale and presented as current assets on the balance sheet. Earnings from debt securities are calculated on a yield to maturity basis and recorded in the results of operations. Unrealized gains or losses for the periods presented are included in other comprehensive loss. Realized gains and losses are computed based on the specific identification method and were not material for the periods presented. Marketable securities are used to secure the Company’s credit facility. | ||||||||||||||||||||||||||
The fair values of marketable securities were estimated using the market approach using prices and other relevant information generated by market transactions involving identical or comparable assets. The Company uses quoted market prices in active markets or quoted market prices in markets that are not active to measure fair value. When developing fair value estimates, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs. As of December 31, 2013, the fair market value of marketable securities was approximately $5.1 million, of which approximately $4.6 million matures in one year or less, and approximately $500,000 matures after one year, but less than five years. As of December 31, 2012, the fair market value of marketable securities was approximately $4.9 million, of which approximately $4.7 million matures in one year or less, and approximately $200,000 matures after one year, but less than five years. The Company recorded an unrealized loss with respect to certain available-for-sale securities in 2013 of $3,000. The Company recorded an unrealized gain with respect to certain available-for-sale securities in 2012 of $1,000. | ||||||||||||||||||||||||||
Financial assets, measured at fair value, by level within the fair value hierarchy were as follows (in thousands): | ||||||||||||||||||||||||||
31-Dec-13 | 31-Dec-12 | |||||||||||||||||||||||||
Fair Value Hierarchy | Cost | Unrealized Gain | Fair Value | Cost | Unrealized Gain | Fair Value | ||||||||||||||||||||
Asset Backed | Level 2 | $ | 455 | $ | 1 | $ | 456 | $ | 952 | $ | 3 | $ | 955 | |||||||||||||
Corporate Bonds | Level 2 | 164 | 1 | 165 | 698 | 1 | 699 | |||||||||||||||||||
US Treasuries | Level 2 | 4,500 | - | 4,500 | 3,200 | - | 3,200 | |||||||||||||||||||
Total | $ | 5,119 | $ | 2 | $ | 5,121 | $ | 4,850 | $ | 4 | $ | 4,854 | ||||||||||||||
Accounts Receivable and Allowance for Doubtful Accounts: The Company records accounts receivable at their net realizable value, which requires management to estimate the collectability of the Company’s trade receivables. A considerable amount of judgment is required in assessing the realization of these receivables, including the current creditworthiness of each customer and related aging of the past due balances. Management evaluates all accounts periodically and a reserve is established based on the best facts available to management. This reserve is also partially determined by using percentages applied to certain aged receivable categories based on historical results and is reevaluated and adjusted as additional information is received. After all attempts to collect a receivable have failed, the receivable is written off against the allowance for doubtful accounts. | ||||||||||||||||||||||||||
The activity in this account was as follows (in thousands): | ||||||||||||||||||||||||||
Balance at | (Write-offs) | Balance | ||||||||||||||||||||||||
Beginning | Charged to | Net of | at End | |||||||||||||||||||||||
Year Ended December 31: | of Period | Expense | Recoveries | of Period | ||||||||||||||||||||||
2013 | $ | 17 | $ | 13 | $ | (13 | ) | $ | 17 | |||||||||||||||||
2012 | $ | 18 | $ | 1 | $ | (2 | ) | $ | 17 | |||||||||||||||||
2011 | $ | 23 | $ | - | $ | (5 | ) | $ | 18 | |||||||||||||||||
Allowance for Returns: The Company maintains an allowance for returns, based upon expected return rates, when such return rates are estimable. The estimates of expected return rates are generally based upon historical returns experience. Changes in return rates could impact allowance for return estimates. As of December 31, 2013, 2012 and 2011, the allowance for returns was $28,000, $22,000 and $25,000, respectively, and presented as a reduction to accounts receivable. | ||||||||||||||||||||||||||
Inventories: Inventories are valued at the lower of cost or market and include material, labor and manufacturing overhead. Cost is determined on a first-in, first-out basis (in thousands): | ||||||||||||||||||||||||||
Years ended December 31, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
Raw Materials | $ | 2,108 | $ | 1,616 | ||||||||||||||||||||||
Work-in-Process | 903 | 462 | ||||||||||||||||||||||||
Finished Goods | 321 | 141 | ||||||||||||||||||||||||
Total | $ | 3,332 | $ | 2,219 | ||||||||||||||||||||||
Valuing inventory at the lower of cost or market involves an inherent level of risk and uncertainty due to technology trends in the industry and customer demand for the Company’s products. Future events may cause significant fluctuations in the Company’s operating results. Inventories are written down when needed to ensure the Company carries inventory at the lower of cost or market. Writedowns in 2013, 2012 and 2011 were $120,000, $57,000 and $60,000, respectively. | ||||||||||||||||||||||||||
Property and Equipment: Property and equipment are recorded at cost. Depreciation is provided over the estimated useful lives of depreciable assets using the straight-line method. When property and equipment are sold or otherwise retired, the cost and accumulated depreciation applicable to such assets are eliminated from the accounts, and any resulting gain or loss is reflected in current operations. Related depreciation expense was as follows (in thousands): | ||||||||||||||||||||||||||
Year ended December 31: | Depreciation Expense | |||||||||||||||||||||||||
2013 | $ | 129 | ||||||||||||||||||||||||
2012 | $ | 200 | ||||||||||||||||||||||||
2011 | $ | 217 | ||||||||||||||||||||||||
The depreciable lives of property and equipment are as follows: | ||||||||||||||||||||||||||
Machinery and equipment | 3 | - | 5 | years | ||||||||||||||||||||||
Leasehold improvements | Term of the respective leases | |||||||||||||||||||||||||
Furniture and fixtures | 3 | - | 10 | years | ||||||||||||||||||||||
Capitalized Software: Capitalized software represents various software licenses purchased by the Company and utilized in connection with the Company’s products as well as the general operations of the Company. In addition, the Company capitalizes certain external direct costs incurred to create internal use software, principally related to applications, infrastructure and the development of its websites. Capitalized software is amortized over three to five years utilizing the straight-line method. Related amortization expense and accumulated amortization were as follows (in thousands): | ||||||||||||||||||||||||||
Year ended December 31: | Amortization Expense | Accumulated Amortization | ||||||||||||||||||||||||
2013 | $ | 92 | $ | 3,495 | ||||||||||||||||||||||
2012 | $ | 177 | $ | 3,401 | ||||||||||||||||||||||
2011 | $ | 348 | $ | 3,306 | ||||||||||||||||||||||
Long-Lived Assets: Property and equipment and other long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. All impairments are recognized in operating results when a permanent reduction in value occurs. There was no such writedown during 2013, 2012 or 2011. | ||||||||||||||||||||||||||
Revenue Recognition: Product revenues and electronic manufacturing services revenues are recognized in accordance with shipping terms, which is typically upon shipment, provided fees are fixed and determinable, a customer purchase order is obtained (when applicable), and collection is probable. Sales tax collected from customers and remitted to the applicable taxing authorities is accounted for on a net basis, with no impact to revenues. Service revenue, other than electronic manufacturing services revenue, is recognized as the services are performed. Deferred revenue consists primarily of advance payments for electronic manufacturing services where the goods have not yet shipped. | ||||||||||||||||||||||||||
The Company’s engineering design services are typically provided on a fixed-fee basis. The revenues for such longer duration projects that require significant customization and integration are recognized using the percentage-of-completion method. In using the percentage-of-completion method, revenues are generally recorded based on the percentage of effort incurred to date on a contract relative to the estimated total expected contract effort. Significant judgment is required when estimating total contract effort and progress to completion on the arrangements as well as whether a loss is expected to be incurred on the contract. Management uses historical experience, project plans and an assessment of the risks and uncertainties inherent in the arrangement to establish these estimates. Uncertainties include implementation delays or performance issues that may or may not be within the Company’s control. Changes in these estimates could result in a material impact on revenues and net earnings (loss). If the Company is unable to develop reasonably dependable cost or revenue estimates, the completed contract method is applied under which all revenues and related costs are deferred until the contract is completed. The Company had unbilled receivables of $46,000 and $77,000 included in trade accounts receivable on the Company’s balance sheet at December 31, 2013 and 2012, respectively. | ||||||||||||||||||||||||||
Warranty Reserve: The Company offers to its customers a limited warranty that its products will be free from defect in the materials and workmanship for a specified period. The Company has established a warranty reserve of $20,000 and $15,000 at December 31, 2013 and 2012, respectively, as a component of accrued liabilities, for any potential claims. The Company estimates its warranty reserve based upon an analysis of all identified or expected claims and an estimate of the cost to resolve those claims. | ||||||||||||||||||||||||||
Research and Development: Research and development costs are charged to expense as incurred. | ||||||||||||||||||||||||||
Interest Income, Net: Interest income from investments in securities and cash balances was $12,000, $34,000 and $46,000 for the years ended December 31, 2013, 2012 and 2011, respectively. Interest expense related to the Company’s credit facility was $5,000, $9,000 and $24,000 for the years ended December 31, 2013, 2012 and 2011, respectively. | ||||||||||||||||||||||||||
Advertising Expense: Advertising costs are charged to expense as incurred. Advertising expense was $1,000, $9,000 and $6,000 for the years ended December 31, 2013, 2012 and 2011, respectively. | ||||||||||||||||||||||||||
Foreign Currency Translation: Assets and liabilities of the Company’s French subsidiary, whose functional currency is other than the U.S. Dollar, are translated at year-end rates of exchange, and revenues and expenses are translated at average exchange rates prevailing during the year. Realized foreign currency transaction gains and losses are recognized in the Consolidated Statements of Operations as incurred. Unrealized gains or losses are accumulated in shareholders’ equity as a component of other comprehensive income. | ||||||||||||||||||||||||||
Income Taxes: The Company determines its deferred taxes using the asset and liability method. Deferred tax assets and liabilities are based on the estimated future tax effects of differences between the financial statement basis and tax basis of assets and liabilities given the provisions of enacted tax law. The Company’s consolidated financial statements include deferred income taxes arising from the recognition of revenues and expenses in different periods for income tax and financial reporting purposes. | ||||||||||||||||||||||||||
The Company records a valuation allowance to reduce its deferred income tax assets to the amount that are more likely than not to be realizable. The Company considers all available evidence, both positive and negative, such as future reversals of deferred tax assets and liabilities, cumulative losses in recent years, projected future taxable income and ongoing prudent and feasible tax planning strategies in assessing the need for a valuation allowance. In making such judgments, significant weight is given to evidence that can be objectively verified. Management is continuously assessing the realizability of deferred tax assets. | ||||||||||||||||||||||||||
The Company recognizes the impact of uncertain tax positions taken or expected to be taken on an income tax return in the financial statements at the amount that is more likely than not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position, interest, and penalties will not be recognized in the financial statements unless it is more likely than not of being sustained. | ||||||||||||||||||||||||||
Other Comprehensive Loss: Other comprehensive loss is presented on the Consolidated Statements of Comprehensive Loss and is comprised of unrealized gains and losses excluded from the Consolidated Statements of Operations. These unrealized gains and losses consist of holding period gains and losses related to marketable securities, net of income taxes, and foreign currency translation, which are not adjusted for income taxes since they relate to indefinite investments in a non-U.S. subsidiary. |
Note_2_Prepaid_Expenses_and_Ot
Note 2 - Prepaid Expenses and Other Current Assets | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||
Other Current Assets [Text Block] | ' | ||||||||
2. PREPAID EXPENSES AND OTHER CURRENT ASSETS | |||||||||
Prepaid expenses and other current assets consisted of the following (in thousands): | |||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Prepaid inventory | $ | 415 | $ | - | |||||
Foreign research and development tax credit | 381 | 69 | |||||||
Prepaid insurance | 75 | 95 | |||||||
Prepaid maintenance contracts | 59 | 58 | |||||||
Prepaid rent | 38 | 61 | |||||||
Prepaid other | 73 | 67 | |||||||
Total prepaid expenses and other current assets | $ | 1,041 | $ | 350 | |||||
Note_3_Accrued_Liabilities
Note 3 - Accrued Liabilities | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block] | ' | ||||||||
3. ACCRUED LIABILITIES | |||||||||
Accrued liabilities consisted of the following (in thousands): | |||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Reserve for uncertain tax positions | $ | 885 | $ | 820 | |||||
French litigation payroll taxes | 180 | - | |||||||
Inventory receipts | 174 | 48 | |||||||
Property taxes | 59 | - | |||||||
Legal | 47 | 16 | |||||||
Provision for restructuring | - | 162 | |||||||
Accrued other | 168 | 103 | |||||||
Total accrued liabilites | $ | 1,513 | $ | 1,149 | |||||
Note_4_Credit_Facility
Note 4 - Credit Facility | 12 Months Ended |
Dec. 31, 2013 | |
Debt Disclosure [Abstract] | ' |
Debt Disclosure [Text Block] | ' |
4. CREDIT FACILITY | |
The Company maintains a $5.0 million revolving bank credit facility maturing December 19, 2015. The applicable interest rate on outstanding balances is LIBOR plus 1.0% to 1.5% based on certain factors included in the credit agreement. At December 31, 2013 and December 31, 2012, the Company’s interest rate on the $3.5 million outstanding balance was 1.7% and 1.2%, respectively. The unused portion of the credit facility is subject to an unused facility fee ranging from .25% to .75% depending on total deposits with the creditor. All borrowings under this facility are secured by marketable securities. The outstanding balance of $3.5 million as of December 31, 2013 and 2012 was classified as long-term debt on the Company’s consolidated balance sheets. Subsequent to December 31, 2013 and prior to the Company’s filing of the consolidated financial statements, the outstanding balance on the credit facility was repaid. |
Note_5_Income_Taxes
Note 5 - Income Taxes | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||
Income Tax Disclosure [Text Block] | ' | ||||||||||||
5. INCOME TAXES | |||||||||||||
The provision for income taxes applicable to operations for each period presented was as follows (in thousands): | |||||||||||||
Year ended December 31, | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
United States tax provision | $ | 16 | $ | 7 | $ | 7 | |||||||
Foreign tax provision | 30 | 5 | 210 | ||||||||||
Total income tax provision | $ | 46 | $ | 12 | $ | 217 | |||||||
The tax effect of temporary differences that give rise to significant components of the deferred tax assets as of December 31, 2013 and 2012, are presented as follows (in thousands): | |||||||||||||
Year ended December 31, | |||||||||||||
2013 | 2012 | ||||||||||||
Current deferred tax assets: | |||||||||||||
Inventories | $ | 325 | $ | 283 | |||||||||
Trade accounts receivable | 6 | 6 | |||||||||||
Deferred revenue | 325 | 130 | |||||||||||
Other accruals | 605 | 432 | |||||||||||
Total current deferred tax assets | $ | 1,261 | $ | 851 | |||||||||
Noncurrent deferred tax assets: | |||||||||||||
Depreciation | $ | 239 | $ | 295 | |||||||||
Other | 377 | 397 | |||||||||||
Net operating loss carryforwards | 16,323 | 15,872 | |||||||||||
Total noncurrent deferred tax assets | $ | 16,939 | $ | 16,564 | |||||||||
Valuation allowance for deferred tax assets | (18,200 | ) | (17,415 | ) | |||||||||
Deferred tax assets, net of valuation allowance | $ | - | $ | - | |||||||||
A valuation allowance is established when it is “more likely than not” that all or a portion of a deferred tax asset will not be realized. A review of all available positive and negative evidence is considered, including current and past performance, the market environment in which the Company operates, the utilization of past tax credits, length of carry back and carry forward periods, existing contracts or sales backlog and other factors. | |||||||||||||
Concluding that a valuation allowance is not needed is difficult when there is negative evidence such as cumulative losses in recent years. Cumulative losses in recent years is significant negative evidence in considering whether deferred tax assets are realizable and also restricts the reliance on projections of future taxable income to support the recovery of deferred tax assets. The Company continues to maintain a valuation allowance on all of the net deferred tax assets at December 31, 2013 because management believes, after considering all available objective evidence, that the realization of the assets is not reasonably assured. Until an appropriate level of profitability is sustained, the Company expects to record a full valuation allowance on future tax benefits, except for those that may be generated in foreign jurisdictions. | |||||||||||||
The differences between the actual income tax provision and the amount computed by applying the statutory federal tax rate to the loss before income tax shown in the Consolidated Statements of Operations are as follows (in thousands): | |||||||||||||
Year ended December 31, | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Income tax benefit at statutory rate | $ | (903 | ) | $ | (1,283 | ) | $ | (98 | ) | ||||
State provision | 4 | 2 | 15 | ||||||||||
French permanent items | 117 | (84 | ) | 81 | |||||||||
Foreign income inclusion | (7 | ) | (5 | ) | 100 | ||||||||
Adjustment to deferred tax assets | 40 | (66 | ) | (38 | ) | ||||||||
Other | 10 | (11 | ) | (2 | ) | ||||||||
Change in valuation allowance | 785 | 1,459 | 159 | ||||||||||
Income tax provision | $ | 46 | $ | 12 | $ | 217 | |||||||
At December 31, 2013, the Company had approximately $47.9 million of federal net operating loss carryforwards, the earliest of which does not expire until 2022. The federal net operating loss includes $3.6 million related to non-qualified stock option deductions. The Company also had state net operating losses of $4.2 million. The valuation allowance recorded on the portion of net operating losses related to stock options will reverse as a credit to shareholders’ equity once management believes that these losses are more likely than not to be realized. At December 31, 2013, the Company’s French subsidiary has a net research and development tax credit, generated in 2010, of $381,000, classified as a current asset on the Company’s consolidated balance sheet. The Company expects to receive the refund for the research and development tax credit generated for the year ended December 31, 2010 in 2014 or to utilize it to offset future tax payments in advance of the refund. The Company no longer generates tax credits from French research and development activities as a result of the closure of its French operations at the end of 2010. | |||||||||||||
The earnings of the Company’s foreign subsidiary are considered to be indefinitely reinvested and, accordingly, no provision for U.S. federal and state income taxes have been provided thereon. Upon distribution of those earnings in the form of dividends or otherwise, the Company would be subject to both U.S. income taxes (subject to foreign tax credits) and withholding taxes, if applicable, payable to foreign countries. | |||||||||||||
At both December 31, 2013 and 2012, the Company had an uncertain U.S. tax position of approximately $80,000 related to foreign operations. Due to the net operating loss position in the U.S., the Company would not incur tax, interest or penalty currently or in the near future. As such, no expense was recorded on the income statement and there is no impact on the Company’s effective tax rate. The Company does not anticipate any event in the next twelve months that would cause a change to this position. The Company will recognize any penalties and interest when necessary as tax expense. The U.S. federal returns for the years ending December 31, 2010 and after are open for IRS examination. The Company’s operations during the year ended December 31, 2002 generated a loss and the 2002 net operating loss (“NOL”) is still being used by the Company. The IRS may audit up to the NOL amount generated during the year ended December 31, 2002 until the statute of limitations expiration on open tax years. | |||||||||||||
The Company is also subject to income tax in France. At December 31, 2013, the Company had an uncertain tax position of $885,000, of which $756,000 is related to a potential liability, $102,000 is related to possible interest, and $27,000 is related to a potential penalty. At December 31, 2012, the Company had an uncertain tax position of $820,000, of which $722,000 is related to a potential liability, $72,000 is related to possible interest, and $26,000 is related to a potential penalty. The uncertain tax position in France is expected to have a favorable impact in the amount of $885,000, resulting in a favorable impact on the effective tax rate. The Company is under a tax audit in France related to the years ended December 31, 2009, 2010, and 2011; however, it does not anticipate any event, other than the results of this tax audit, in the next twelve months that would cause a change to this position. As a result of the tax audit, the French income tax returns for the years ended December 31, 2009 and subsequent remain open for examination. | |||||||||||||
A reconciliation of the beginning and ending amount of unrecognized tax benefit is as follows (in thousands): | |||||||||||||
Unrecognized | |||||||||||||
Tax Benefit | |||||||||||||
Balance as of January 1, 2012 | $ | 784 | |||||||||||
Additions based on tax positions - previous years | 22 | ||||||||||||
Effect of exchange rate changes | 14 | ||||||||||||
Balance as of December 31, 2012 | 820 | ||||||||||||
Additions based on tax positions - previous years | 32 | ||||||||||||
Effect of exchange rate changes | 33 | ||||||||||||
Balance as of December 31, 2013 | $ | 885 | |||||||||||
Note_6_Restructuring_Charge
Note 6 - Restructuring Charge | 12 Months Ended |
Dec. 31, 2013 | |
Restructuring and Related Activities [Abstract] | ' |
Restructuring and Related Activities Disclosure [Text Block] | ' |
6. RESTRUCTURING CHARGE | |
On October 19, 2012, the Company committed to a plan intended to improve the balance between the Company’s telecommunications product expenses with the reduced revenue levels of this product line. Under the 2012 restructuring plan, the Company reduced its workforce by 10 regular full-time positions. As a result of the 2012 restructuring plan, the Company recorded a restructuring charge of $253,000, classified as an operating expense, in the fourth quarter of 2012 related to future cash expenditures to cover employee severance and benefits. During the three months ended March 31, 2013, the Company reduced its restructuring charge by $67,000 related to reduced future cash expenditures related to severance and benefits for a former employee. The former employee’s accepting other employment in April 2013 reduced the amount of severance and benefit payouts by the Company. These amounts were paid out under the restructuring plan by the end of 2013. | |
On September 30, 2010, the Company initiated a restructuring plan to mitigate gross margin erosion by reducing manufacturing and procurement costs, streamline research and development expense and focus remaining resources on key strategic growth areas, and reduce selling and administrative expenses through product rationalization and consolidation of support functions. Under the 2010 restructuring plan, the Company reduced its worldwide workforce by 39 regular full-time positions, including the closure of its European engineering and support center located in Chaville, France. As a result of the 2010 restructuring plan, the Company recorded a restructuring charge of approximately $3.3 million, classified as an operating expense, in the third quarter of 2010 related to future cash expenditures to cover employee severance and benefits and other related costs. These amounts were paid out under the restructuring plan by the end of 2011. |
Note_7_Earning_Per_Share
Note 7 - Earning Per Share | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||
Earnings Per Share [Text Block] | ' | ||||||||||||
7. EARNINGS PER SHARE | |||||||||||||
Basic earnings per share are computed by dividing reported earnings available to common shareholders by weighted average common shares outstanding. Diluted earnings per share give effect to dilutive potential common shares. | |||||||||||||
Earnings per share are calculated as follows (in thousands, except per share data): | |||||||||||||
Years ended December 31, | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Basic loss per share: | |||||||||||||
Net loss | $ | (2,703 | ) | $ | (3,785 | ) | $ | (505 | ) | ||||
Weighted average common shares outstanding | 7,006 | 6,975 | 6,857 | ||||||||||
Basic loss per share | $ | (0.39 | ) | $ | (0.54 | ) | $ | (0.07 | ) | ||||
Diluted loss per share: | |||||||||||||
Net loss | $ | (2,703 | ) | $ | (3,785 | ) | $ | (505 | ) | ||||
Weighted average common shares outstanding | 7,006 | 6,975 | 6,857 | ||||||||||
Dilutive stock options and restricted stock | - | - | - | ||||||||||
Weighted average common shares outstanding – assuming dilution | 7,006 | 6,975 | 6,857 | ||||||||||
Diluted loss per share | $ | (0.39 | ) | $ | (0.54 | ) | $ | (0.07 | ) | ||||
Outstanding stock options that were not included in the diluted calculation because their effect would be anti-dilutive | 686 | 750 | 704 | ||||||||||
Note_8_Common_Stock
Note 8 - Common Stock | 12 Months Ended | ||||||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||||||||||||||||||
Stockholders' Equity Note Disclosure [Text Block] | ' | ||||||||||||||||||||||||
8. COMMON STOCK | |||||||||||||||||||||||||
2004 Long-Term Stock Incentive Plan: The Interphase Corporation Amended and Restated Stock Option Plan and the Interphase Corporation Directors Stock Option Plan were collectively amended and restated as the “Interphase Corporation 2004 Long-Term Stock Incentive Plan,” effective May 5, 2004. Options granted under the separate plans prior to the effective date of the amended and restated plan are subject to the terms and conditions of the separate plans in effect with respect to such options prior to the effective date, and awards granted after the effective date are subject to the terms and conditions of the 2004 Long-Term Stock Incentive Plan. Awards granted under this plan may be (a) incentive stock options, (b) non-qualified stock options, (c) bonus stock awards, (d) stock appreciation rights, (e) performance share awards and performance unit awards, (f) phantom stock awards, and (g) any other type of award established by the Compensation Committee which is consistent with the Plan’s purposes, as designated at the time of grant. The total amount of Common Stock with respect to which awards may be granted under the Plan is 5,250,000 shares. The Company issues new shares upon exercise of stock options. | |||||||||||||||||||||||||
Amended and Restated Stock Option Plan: The exercise price of incentive stock options must be at least equal to the fair market value of the Company’s common stock on the date of the grant, while the exercise price of nonqualified stock options may be less than fair market value on the date of grant, as determined by the Board of Directors. The Board of Directors may provide for the exercise of options in installments and upon such terms, conditions and restrictions as it may determine. Options generally vest ratably over a three-year or four-year period from the date of grant or upon the achievement of certain performance conditions. The term of option grants may be up to ten years. Options are canceled upon the lapse of three months, in most cases, following termination of employment except in the event of death or disability, as defined. | |||||||||||||||||||||||||
Amended and Restated Director Stock Option Plan: Stock option grants pursuant to the directors’ plan vest over a period of one to three years and have a term of ten years. The exercise prices related to these options are equal to the market value of the Company’s stock on the date of grant. | |||||||||||||||||||||||||
Stock Options: During 2013, the Company issued 49,000 stock options that vest over a four year period and expire ten years from date of grant. The weighted average exercise price of these stock options is $4.33. During 2012, the Company issued 194,500 stock options that vest over a one to four year period and expire ten years from date of grant. The weighted average exercise price of these stock options is $4.56. During 2011, the Company issued 219,500 stock options that vest over a one to four year period and expire ten years from date of grant. The weighted average exercise price of these stock options is $2.05. Compensation expense related to these stock options was $344,000, $392,000 and $162,000 for the years ended December 31, 2013, 2012 and 2011, respectively. | |||||||||||||||||||||||||
During 2013, the Company also issued 542,500 stock options with performance-based vesting conditions for the years ending December 31, 2014, 2015, 2016, and 2017, the achievement of which would result in pro rata vesting per year in February 2015, 2016, 2017, and 2018, respectively. The weighted average exercise price of these stock options is $4.67. During 2012, the Company issued 900,500 stock options with performance-based vesting conditions for the years ending December 31, 2012, 2013, 2014, 2015, and 2016, the achievement of which would result in pro rata vesting per year in February 2013, 2014, 2015, 2016, and 2017, respectively. The weighted average exercise price of these stock options is $3.80. During 2011, the Company issued 150,500 stock options with performance-based conditions through the year ended December 31, 2015, the achievement of which would result in vesting in February 2016. The weighted average exercise price of these stock options is $4.32. All stock options with performance-based conditions expire ten years from the date of grant. Of the stock options outstanding at December 31, 2013, approximately 1,375,000 are subject to the achievement of certain performance conditions. The performance conditions related to approximately 91,000 of these stock options were deemed probable as of December 31, 2013. Compensation expense related to performance-based stock options, for which vesting was deemed probable, was $239,000, $147,000 and $9,000 for the years ended December 31, 2013, 2012 and 2011, respectively. The performance conditions related to the remaining stock options were not deemed probable; therefore, no compensation expense related to these options has been recorded. | |||||||||||||||||||||||||
As of December 31, 2013, there were 1,586,076 unvested options expected to vest over a weighted-average period of 8.9 years. As of December 31, 2012, there were 1,508,910 unvested options expected to vest over a weighted-average period of 9.1 years. | |||||||||||||||||||||||||
The following table summarizes the combined stock option activity under all of the plans (in thousands, except option prices): | |||||||||||||||||||||||||
Number of | Weighted Average | Aggregate | |||||||||||||||||||||||
Options | Option Price | Intrinsic Value | |||||||||||||||||||||||
Balance, December 31, 2010 | 1,470 | $ | 5 | $ | - | ||||||||||||||||||||
Granted | 370 | 2.98 | |||||||||||||||||||||||
Exercised | (107 | ) | 4.92 | ||||||||||||||||||||||
Canceled | (401 | ) | 5.77 | ||||||||||||||||||||||
Balance, December 31, 2011 | 1,332 | 4.21 | 1,724 | ||||||||||||||||||||||
Granted | 1,095 | 3.94 | |||||||||||||||||||||||
Exercised | (176 | ) | 4.71 | ||||||||||||||||||||||
Canceled | (198 | ) | 3.79 | ||||||||||||||||||||||
Balance, December 31, 2012 | 2,053 | 4.06 | 448 | ||||||||||||||||||||||
Granted | 592 | 4.64 | |||||||||||||||||||||||
Exercised | (15 | ) | 1.71 | ||||||||||||||||||||||
Canceled | (443 | ) | 4.69 | ||||||||||||||||||||||
Balance, December 31, 2013 | 2,187 | 4.11 | 1,455 | ||||||||||||||||||||||
Exercisable at December 31, 2013 | 601 | $ | 4.76 | $ | 649 | ||||||||||||||||||||
The following table summarizes information about options granted under the plans that were outstanding at December 31, 2013 (in thousands, except option prices): | |||||||||||||||||||||||||
Options Outstanding | Options Exercisable | ||||||||||||||||||||||||
Range of | Number | Weighted- | Weighted | Number | Weighted | ||||||||||||||||||||
Exercise Prices | Outstanding at | Average | Average Exercise | Exercisable at | Average Exercise | ||||||||||||||||||||
12/31/13 | Remaining | Price | 12/31/13 | Price | |||||||||||||||||||||
Contractual Life | |||||||||||||||||||||||||
(years) | |||||||||||||||||||||||||
$ | 1.36 | - | 4.18 | 1,015 | 7.96 | $ | 2.45 | 319 | $ | 1.84 | |||||||||||||||
$ | 4.19 | - | 8.35 | 1,027 | 9.01 | 4.79 | 137 | 5.1 | |||||||||||||||||
$ | 8.36 | - | 11.45 | 145 | 0.23 | 10.89 | 145 | 10.89 | |||||||||||||||||
Total | 2,187 | 7.94 | $ | 4.11 | 601 | $ | 4.76 | ||||||||||||||||||
Option Valuation: The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with weighted-average assumptions based on the grant date. | |||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Risk free interest rate range | 1.86 | - | 2.88 | % | 1.53 | - | 2.26 | % | 1.81 | - | 3.75 | % | |||||||||||||
Weighted average life (in years) | 10 | 10 | 10 | ||||||||||||||||||||||
Weighted average volatility | 66.81 | % | 66.1 | % | 64.81 | % | |||||||||||||||||||
Volatility range | 66.1 | - | 66.93 | % | 65.81 | - | 66.34 | % | 60.27 | - | 66.44 | % | |||||||||||||
Expected dividend yield | - | - | - | ||||||||||||||||||||||
Weighted average grant-date fair value per share of options granted | $ | 3.48 | $ | 2.87 | $ | 2.2 | |||||||||||||||||||
Restricted Stock: The Interphase Corporation 2004 Long-Term Stock Incentive Plan provides for grants of bonus stock awards (“restricted stock”) to its directors and certain employees at no cost to the recipient. Holders of restricted stock are entitled to cash dividends, if any, and to vote their respective shares. Restrictions limit the sale or transfer of these shares during a predefined vesting period, currently ranging from three to six years, and in some cases vesting is subject to the achievement of certain performance conditions. During 2013, the Company issued no restricted stock shares. During 2012, the Company issued 9,000 restricted stock shares at a market price of $5.72. During 2011, the Company issued 72,000 restricted stock shares at a market price of $4.41. Upon issuance of restricted stock under the plan, unearned compensation equivalent to the market value at the date of grant is recorded as a reduction to shareholders’ equity and subsequently amortized to expense over the respective restriction periods. Compensation expense related to restricted stock was $103,000, $135,000 and $188,000 for the years ended December 31, 2013, 2012 and 2011, respectively. As of December 31, 2013, there was $124,000 of total unamortized compensation cost related to unvested restricted stock remaining to be recognized. The expense is expected to be recognized over a weighted-average period of 1.2 years. As of December 31, 2012, there was $261,000 of total unamortized compensation cost related to unvested restricted stock remaining to be recognized. The expense is expected to be recognized over a weighted-average period of 2.1 years. | |||||||||||||||||||||||||
The following summarizes the restricted stock activity for 2013 and 2012 (in thousands, except weighted average grant date value): | |||||||||||||||||||||||||
Restricted Stock | Weighted Average | ||||||||||||||||||||||||
Shares | Grant Date Value | ||||||||||||||||||||||||
Nonvested restricted stock at December 31, 2011 | 226 | $ | 2.67 | ||||||||||||||||||||||
Granted | 9 | 5.72 | |||||||||||||||||||||||
Vested | (49 | ) | 3.35 | ||||||||||||||||||||||
Cancelled/Forfeited | (74 | ) | 1.82 | ||||||||||||||||||||||
Nonvested restricted stock at December 31, 2012 | 112 | 3.17 | |||||||||||||||||||||||
Granted | - | - | |||||||||||||||||||||||
Vested | (40 | ) | 3.08 | ||||||||||||||||||||||
Cancelled/Forfeited | (10 | ) | 3.35 | ||||||||||||||||||||||
Nonvested restricted stock at December 31, 2013 | 62 | $ | 3.21 | ||||||||||||||||||||||
Shareholder Rights Plan: The Board of Directors adopted a Shareholder Rights Plan (the “Plan”) and, under the Plan, declared a non-taxable dividend, paid at the close of business on August 9, 2011 (the “Record Date”), of one common share purchase right (a “Right”) for each outstanding share of Common Stock. From the Record Date until the Rights become exercisable, the Rights will be attached to all outstanding shares of Common Stock and, therefore, will be represented by the certificates evidencing the shares of Common Stock and transferrable only with the shares of Common Stock. A Right will be exercisable, upon certain conditions, to purchase one share of Common Stock from the Company at a price of $39, subject to adjustment. The Rights will become exercisable, and separate from the shares of Common Stock, upon the earlier of: | |||||||||||||||||||||||||
-1 | ten business days following the date of the first public announcement (the “Stock Acquisition Date”) that a person or a group of affiliated or associated persons has acquired, or obtained the right to acquire, beneficial ownership of 15% or more of the outstanding shares of Common Stock (an “Acquiring Person”), or | ||||||||||||||||||||||||
-2 | ten business days (or such later date as the Board of Directors may determine) following the commencement of a tender or exchange offer that, if consummated, would result in a person or group of persons becoming an Acquiring Person. | ||||||||||||||||||||||||
Upon a Stock Acquisition Date, each holder of a Right (other than an Acquiring Person) will be entitled to receive, upon exercise of the Right, shares of Common Stock at a 50% discount. Also, if, at any time following a Stock Acquisition Date, the Company is acquired in a merger or business combination and its Common Stock is exchanged or converted, or if 50% or more of the Company’s assets, cash flow or earning power is sold or transferred, then each holder of a Right (other than an Acquiring Person) will be entitled to receive, upon exercise of the Right, shares of the acquirer’s common stock at a 50% discount. Further, at any time after a person or group of persons becomes an Acquiring Person, but before any person or group of persons becomes the beneficial owner of 50% or more of the outstanding shares of Common Stock, the Company may cause each exercisable Right to be exchanged for one share of Common Stock. The Rights will expire at the close of business on July 29, 2021, or such other date as the Board of Directors may determine under certain circumstances. The Board of Directors may terminate the Plan or cause the Company to redeem the Rights, at a price of $0.001 per Right, at any time before the earlier of a Stock Acquisition Date or the expiration of the Rights. The Company has reserved 90,315,210 shares of Common Stock for possible issuance upon exercise of Rights under the Plan. |
Note_9_Related_Party_Transacti
Note 9 - Related Party Transactions | 12 Months Ended |
Dec. 31, 2013 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions Disclosure [Text Block] | ' |
9. RELATED PARTY TRANSACTIONS | |
During the years ended December 31, 2013, 2012 and 2011, the Company had no related party transactions. |
Note_10_Employee_Benefit_Plan
Note 10 - Employee Benefit Plan | 12 Months Ended |
Dec. 31, 2013 | |
Disclosure Text Block Supplement [Abstract] | ' |
Compensation and Employee Benefit Plans [Text Block] | ' |
10. EMPLOYEE BENEFIT PLAN | |
The Company maintains a defined contribution plan for those employees who meet the plan’s length of service requirements. Under the defined contribution plan, employees may make voluntary contributions to the plan, subject to certain limitations, and, through July 6, 2012, the Company matched 50% up to 6% of the employee’s contributions, up to a maximum of $7,500 per employee for the year ended December 31, 2012. Subsequent to July 6, 2012, the Company suspended its match of the United States employee’s contributions. The total expense under this plan was $43,000, $130,000 and $208,000 for the years ended December 31, 2013, 2012 and 2011, respectively. The Company offers no post-retirement or post-employment benefits to its employees generally. |
Note_11_Other_Financial_Inform
Note 11 - Other Financial Information | 12 Months Ended | ||||
Dec. 31, 2013 | |||||
Disclosure Text Block Supplement [Abstract] | ' | ||||
Additional Financial Information Disclosure [Text Block] | ' | ||||
11. OTHER FINANCIAL INFORMATION | |||||
Major Customers: During 2013, sales to Nokia Solutions and Networks (formerly Nokia Siemens Networks) and Alcatel-Lucent were $3.5 million (or 23%) and $3.3 million (or 21%), respectively, of the Company’s consolidated revenues. During 2012, sales to Alcatel-Lucent and Nokia Siemens Networks were $3.8 million (or 27%) and $1.9 million (or 13%), respectively, of the Company’s consolidated revenues. During 2011, sales to Nokia Siemens Networks and Alcatel-Lucent were $6.7 million (or 31%) and $4.6 million (or 21%), respectively, of the Company’s consolidated revenues. No other customers individually accounted for more than 10% of the Company’s consolidated revenues in the periods presented. | |||||
Included in accounts receivable at December 31, 2013, was $809,000, $491,000, and $404,000 due from Alcatel-Lucent, E4D Technologies LLC, and Nokia Solutions and Networks (formerly Nokia Siemens Networks), respectively. Included in accounts receivable at December 31, 2012, was $721,000, $401,000, $387,000, and $312,000 due from Nokia Siemens Networks, Networks Engines, Alcatel-Lucent, and Genband, respectively. No other customers individually accounted for more than 10% of the Company’s accounts receivable at the balance sheet dates presented. | |||||
Commitments: The Company leases its facilities under non-cancelable operating leases with the longest terms extending to February 2025. The Company leases its phone system under a non-cancelable operating lease extending to October 2014. Certain of the leases contain escalation clauses over their respective terms. Rent expense related to these leases is recorded on a straight-line basis with the difference between rent expense recognized and cash payments made recorded as deferred rent, a component of accrued liabilities in the accompanying consolidated balance sheets. | |||||
As of December 31, 2013, operating lease commitments having non-cancelable terms of more than one year are as follows (in thousands): | |||||
Year ending December 31: | |||||
2014 | $ | 322 | |||
2015 | $ | 380 | |||
2016 | $ | 380 | |||
2017 | $ | 417 | |||
Thereafter | $ | 3,448 | |||
Total rent expense for operating leases was as follows (in thousands): | |||||
Year ending December 31: | |||||
2013 | $ | 572 | |||
2012 | $ | 580 | |||
2011 | $ | 630 | |||
As of December 31, 2013, the Company had approximately $230,000 of non-cancelable purchase commitments for inventory as part of the normal course of business. | |||||
Contingencies: Twenty-five former employees (“Plaintiffs”) of Interphase SAS, a France domiciled subsidiary of Interphase Corporation, brought suit in France against Interphase SAS alleging various causes of action and rights to damages relating to claims of wrongful dismissal of employment, specific French employment indemnities, general economic losses, and contractual claims relating specifically to their employment relationship and contracts entered into between the individual and Interphase SAS. The lawsuits were filed between November 2010 and April 2011 in the Labor Court of Boulogne-Billancourt, France and the Administrative Court of Cergy-Pontoise, France. The various claims and assertions arose from, and related to, the Plaintiffs’ release from employment as part of the restructuring actions taken during the third quarter of 2010. The updated statement of claim is for an aggregate payment of approximately €2.1 million, which translated to approximately $2.9 million at December 31, 2013. The Company believes that the Plaintiffs’ claims were without merit and has vigorously defended itself in these lawsuits. | |||||
On March 22, 2012, a hearing was conducted before the Labor Court of Boulogne-Billancourt, France related to the claims of twenty-three of the twenty-five former employees. On May 31, 2012, the Court reported that the four judges’ votes were split; therefore, another hearing before the Labor Court took place on January 25, 2013. The same four judges heard the case again, along with a professional judge from another court to ensure that a majority decision would be reached. | |||||
The decision of the Labor Court regarding the claims of twenty-two former employees was rendered on March 22, 2013. All of those claims were rejected, because the Labor Court ruled that the redundancy procedure was regular and that redundancies were based on valid reasons, except claims from four Plaintiffs based on non-competition indemnity (amounting in total to approximately €265,000, which translated to approximately $340,000 at March 31, 2013). During the three months ended March 31, 2013 and the three months ended December 31, 2013, the Company recorded a charge of approximately $340,000 and $115,000 (to reflect payroll taxes corresponding to the allowed claims), respectively, classified as other loss on its condensed consolidated statements of operations and as a current liability on its condensed consolidated balance sheets in connection with the non-competition indemnity. Regarding the claims of the four Plaintiffs based on non-competition indemnity, one of these Plaintiffs has filed an appeal of the Labor Court’s decision (the part of the judgment dismissing his claims based on the redundancy procedures; the economic and financial justification for the redundancy); therefore, related to this Plaintiff, the Company is currently evaluating its appeal options. No payment to this Plaintiff is to be made until the appeal process is resolved. The Company is not filing an appeal related to the other three Plaintiffs’ claims based on non-competition indemnity. For these three Plaintiffs, the Company must pay approximately €238,000, which translated to approximately $305,000 at March 31, 2013. Approximately $275,000 was paid during the three months ended December 31, 2013. Fourteen other former employees also filed an appeal. The date of the hearing before the Court of Appeals of Versailles is on October 8, 2014. The Company intends to vigorously defend itself against these appeals. | |||||
On May 22, 2012, a hearing was conducted before the Labor Court of Boulogne-Billancourt, France related to the claims of one of the twenty-five former employees with non-executive status. On July 31, 2012, the Court reported that the four judges’ votes were split; therefore, the Labor Court decided to join this case to the cases of the other twenty-three former employees described above in order to be heard again at the same hearing. Therefore, this case was heard again at the hearing on January 25, 2013 before the Labor Court. On March 22, 2013, the Labor Court rejected this former employee's claims. This former employee is one of the fourteen other former employees that filed an appeal, as described in the preceding paragraph. | |||||
Among the twenty-five cases described above, two former employees were made redundant related to a decision of the Labor Inspector to authorize their redundancy. Because of their protected status as employee representatives, their redundancy required the prior authorization of the French administration. Each of those former employees also filed a claim before the Administrative Tribunal in order to challenge the decision of the Labor Inspector which authorized their redundancy. Although each such claim or action is directed against the State, Interphase is also a party to these proceedings. The decision of the Administrative Tribunal regarding these two cases was rendered on February 3, 2014. The Administrative Tribunal dismissed these two former employees’ claims challenging the administrative decision authorizing their redundancy. Each former employee will have two months to file an appeal from the receipt of official notice of the dismissal of his claim. | |||||
For one of the twenty-five former employees, who was an employee representative, the Labor Court granted the Company’s motion at the January 25, 2013 hearing; the Labor Court rejected the Plaintiff’s claim to hear the case on the merits, regarding the alleged irregularity of the information and consultation procedure, and postponed this case in deference to the pending case before the Administrative Tribunal as described above. This case was heard again on September 27, 2013, and the Labor Court rendered the same decision (to postpone the case to a hearing on September 5, 2014). On September 5, 2014, the case will not be heard on the merits if the Plaintiff files an appeal against the Administrative Tribunal’s judgment before the Administrative Court of Appeal. | |||||
On June 12, 2012, a hearing was conducted with the Labor Court of Boulogne-Billancourt, France related to the claims of one of the twenty-five former employees, who was also an employee representative. The Labor Court granted the Company’s motion and rejected the Plaintiff’s claim to hear the case on the merits, regarding the alleged irregularity of the information and consultation procedure, and decided to postpone this case in deference to the pending case before the Administrative Tribunal as described above. This case was heard again on May 28, 2013. The Labor Court rendered the same decision and again postponed the hearing until the Administrative Tribunal makes its decision; therefore, this case will be heard again on June 17, 2014. On June 17, 2014, the case will not be heard on the merits if the Plaintiff files an appeal against the Administrative Tribunal’s judgment before the Administrative Court of Appeal. |
Note_12_Recently_Issued_Accoun
Note 12 - Recently Issued Accounting Pronouncements | 12 Months Ended |
Dec. 31, 2013 | |
Accounting Changes and Error Corrections [Abstract] | ' |
Accounting Changes and Error Corrections [Text Block] | ' |
12. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS | |
In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This ASU addresses the diversity in practice regarding financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The guidance requires an unrecognized tax benefit, or a portion of it, to be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. To the extent the deferred tax asset is not available at the reporting date to settle any additional income taxes that would result from the disallowance of a tax position, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with the deferred tax asset. The amendments to this standard are effective for reporting periods beginning after December 15, 2013, with early adoption permitted. The adoption of this update did not have a material impact on the consolidated financial statements, as it is consistent with the Company’s present practice. | |
In February 2013, the FASB issued ASU 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. This ASU was effective prospectively for interim and annual periods beginning after December 15, 2012. The Company’s adoption of this update did not have a material impact on the consolidated financial statements. | |
In December 2011, the Financial Accounting Standards Board (“FASB”) issued ASU 2011-12, Comprehensive Income (Topic 220), Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05. This ASU deferred the ASU 2011-05 requirement that companies present reclassification adjustments for each component of accumulated other comprehensive income (“AOCI”) in both net income and other comprehensive income on the face of the financial statements. Companies are still required to present reclassifications out of AOCI on the face of the financial statements or disclose those amounts in the notes to the financial statements. This ASU also defers the requirement to report reclassification adjustments in interim periods. This ASU is effective for interim and annual periods beginning after December 15, 2011 and is to be applied retrospectively. The Company’s adoption of this update did not have a material impact on the consolidated financial statements. | |
In June 2011, the FASB issued ASU 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income. This update requires that all nonowner changes in stockholders’ equity be presented in either a single continuous statement of comprehensive income or in two separate but consecutive statements. This ASU is effective for interim and annual periods beginning after December 15, 2011 and is to be applied retrospectively. The Company’s adoption of this update did not have a material impact on the consolidated financial statements. | |
In May 2011, the FASB issued ASU 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. The amendments in this ASU generally represent clarification of Topic 820, but also include instances where a particular principle or requirement for measuring fair value or disclosing information about fair value measurements has changed. This update results in common principles and requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) and International Financial Reporting Standards (“IFRS”). The amendments are effective for interim and annual periods beginning after December 15, 2011 and are to be applied prospectively. Early application is not permitted. The Company’s adoption of this update did not have a material impact on the consolidated financial statements. |
Note_13_Segment_Data
Note 13 - Segment Data | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||
Segment Reporting Disclosure [Text Block] | ' | ||||||||||||
13. SEGMENT DATA | |||||||||||||
Interphase is a diversified information and communications technology company, committed to innovation through the process of identifying, developing and introducing new products and services. The Company provides its customers solutions for connectivity, interworking and packet processing. The Company also offers engineering design and manufacturing services to customers from a wide variety of industries within the electronics market. Interphase recently expanded its business to include penveu®, a handheld device that adds interactivity to the installed base of projectors and large screen displays, making any flat surface, from pull down screens to HDTVs, an interactive display system. Except for revenues, which are monitored by product line, the chief operating decision-makers review financial information presented on a consolidated basis for purposes of making operating decisions and assessing financial performance. Accordingly, the Company considers itself to have only a single reporting segment. | |||||||||||||
Geographic long lived assets, determined by physical location, are all located in North America as of December 31, 2013 and 2012. Revenue, determined by location of the customer, related to North America and foreign regions for the years ended December 31, 2013, 2012 and 2011 is as follows (in thousands): | |||||||||||||
Revenues | 2013 | 2012 | 2011 | ||||||||||
North America | $ | 8,317 | $ | 7,947 | $ | 7,608 | |||||||
Pacific Rim | 4,861 | 3,340 | 7,679 | ||||||||||
Europe | 2,410 | 2,568 | 6,706 | ||||||||||
Total | $ | 15,588 | $ | 13,855 | $ | 21,993 | |||||||
Additional information regarding revenues by product-line is as follows (in thousands): | |||||||||||||
Product and Service Revenues | 2013 | 2012 | 2011 | ||||||||||
Telecommunications | $ | 11,077 | $ | 10,082 | $ | 17,771 | |||||||
Services | 4,332 | 3,246 | 2,469 | ||||||||||
Enterprise | 23 | 393 | 1,591 | ||||||||||
Other | 156 | 134 | 162 | ||||||||||
Total | $ | 15,588 | $ | 13,855 | $ | 21,993 | |||||||
Note_14_Quarterly_Financial_Da
Note 14 - Quarterly Financial Data (Unaudited) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | ||||||||||||||||
Quarterly Financial Information [Text Block] | ' | ||||||||||||||||
14. QUARTERLY FINANCIAL DATA (Unaudited) | |||||||||||||||||
Quarterly results of operations for 2013 (unaudited) | |||||||||||||||||
(In thousands, except per share amounts) | |||||||||||||||||
Quarter Ended | |||||||||||||||||
31-Mar | 30-Jun | 30-Sep | 31-Dec | ||||||||||||||
Revenues | $ | 3,280 | $ | 3,818 | $ | 4,168 | $ | 4,322 | |||||||||
Gross margin | 1,270 | 1,395 | 1,985 | 1,659 | |||||||||||||
(Loss) income before income tax | (1,398 | ) | (887 | ) | 89 | (461 | ) | ||||||||||
Net (loss) income | (1,410 | ) | (895 | ) | 76 | (474 | ) | ||||||||||
Net (loss) income per share: | |||||||||||||||||
Basic EPS | $ | (0.20 | ) | $ | (0.13 | ) | $ | 0.01 | $ | (0.07 | ) | ||||||
Diluted EPS | $ | (0.20 | ) | $ | (0.13 | ) | $ | 0.01 | $ | (0.07 | ) | ||||||
Quarterly results of operations for 2012 (unaudited) | |||||||||||||||||
(In thousands, except per share amounts) | |||||||||||||||||
Quarter Ended | |||||||||||||||||
31-Mar | 30-Jun | 30-Sep | 31-Dec | ||||||||||||||
Revenues | $ | 4,014 | $ | 3,470 | $ | 3,167 | $ | 3,204 | |||||||||
Gross margin | 1,849 | 1,577 | 1,464 | 1,259 | |||||||||||||
Loss before income tax | (933 | ) | (1,127 | ) | (532 | ) | (1,181 | ) | |||||||||
Net loss | (929 | ) | (1,122 | ) | (541 | ) | (1,193 | ) | |||||||||
Net loss per share: | |||||||||||||||||
Basic EPS | $ | (0.13 | ) | $ | (0.16 | ) | $ | (0.08 | ) | $ | (0.17 | ) | |||||
Diluted EPS | $ | (0.13 | ) | $ | (0.16 | ) | $ | (0.08 | ) | $ | (0.17 | ) | |||||
Due to changes in the weighted average common shares outstanding per quarter, the sum of basic and diluted earnings per common share per quarter may not equal the basic and diluted income (loss) per common share for the applicable year. |
Accounting_Policies_by_Policy_
Accounting Policies, by Policy (Policies) | 12 Months Ended | |||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||
Accounting Policies [Abstract] | ' | |||||||||||||||||||||||||
Description of Business [Policy Text Block] | ' | |||||||||||||||||||||||||
Description of the Business: Interphase Corporation (“Interphase” or the “Company”) is a diversified information and communications technology company, committed to innovation through the process of identifying, developing and introducing new products and services. The Company provides its customers solutions for connectivity, interworking and packet processing. Clients of the Company’s communications networking products include Alcatel-Lucent, Fujitsu Ltd., Genband, Hewlett Packard, Nokia Solutions and Networks (formerly Nokia Siemens Networks), and Samsung. | ||||||||||||||||||||||||||
The Company also offers engineering design and manufacturing services to customers from a wide variety of industries within the electronics market. | ||||||||||||||||||||||||||
Interphase recently expanded its business to include penveu®, a handheld device that adds interactivity to the installed base of projectors and large screen displays, making any flat surface, from pull down screens to HDTVs, an interactive display system. penveu is an affordable and portable solution that targets the education and enterprise markets. | ||||||||||||||||||||||||||
The Company, founded in 1974, is headquartered in Carrollton, Texas, with sales offices in the United States and Europe. See Note 13 for information regarding the Company’s revenues related to North America and foreign regions. | ||||||||||||||||||||||||||
Consolidatio Policy and Basis of Presentation [Policy Text Block] | ' | |||||||||||||||||||||||||
Principles of Consolidation and Basis of Presentation: The accompanying consolidated financial statements include the accounts of Interphase Corporation and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated. In the opinion of the Company, all material adjustments and disclosures necessary to fairly present the results of such periods have been made. All such adjustments are of a normal, recurring nature. | ||||||||||||||||||||||||||
Use of Estimates, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) requires management to make estimates and assumptions that affect the reported amounts and disclosures. Actual results could differ from those estimates. Areas involving estimates include the allowance for doubtful accounts and returns, warranties, inventory impairment charges, accrued liabilities, income tax accounts and revenues. | ||||||||||||||||||||||||||
Fair Value Measurement, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Fair Value of Financial Instruments: Fair value is the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company classifies the levels used to measure fair value into the following hierarchy: | ||||||||||||||||||||||||||
1 | Level 1 – Valuations based on quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to obtain at the measurement date. This level provides the most reliable evidence of fair value. | |||||||||||||||||||||||||
2 | Level 2 – Valuations based on observable inputs other than Level 1, such as: quoted prices for similar assets or liabilities in active markets; quoted prices in markets that are not active; or inputs that are derived principally from or corroborated by observable market data by correlation or other means. Valuations in the category are inherently less reliable than Level 1 due to the degree of subjectivity involved in determining appropriate methodologies and the applicable observable market underlying assumptions. | |||||||||||||||||||||||||
3 | Level 3 – Valuations based on inputs that are unobservable, supported by little or no market activity, and significant to the overall fair value measurement. | |||||||||||||||||||||||||
Cash and Cash Equivalents, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Cash and Cash Equivalents: The Company considers cash and temporary investments with original maturities of less than three months, as well as interest-bearing money market accounts, to be cash equivalents. The Company maintains cash balances at various financial institutions with high credit ratings. From time to time, the Company has had cash in financial institutions in excess of federally insured limits or in interest bearing accounts. | ||||||||||||||||||||||||||
Marketable Securities, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Marketable Securities: The Company’s investments in marketable securities primarily consist of investments in debt securities, which are classified as available-for-sale and presented as current assets on the balance sheet. Earnings from debt securities are calculated on a yield to maturity basis and recorded in the results of operations. Unrealized gains or losses for the periods presented are included in other comprehensive loss. Realized gains and losses are computed based on the specific identification method and were not material for the periods presented. Marketable securities are used to secure the Company’s credit facility. | ||||||||||||||||||||||||||
The fair values of marketable securities were estimated using the market approach using prices and other relevant information generated by market transactions involving identical or comparable assets. The Company uses quoted market prices in active markets or quoted market prices in markets that are not active to measure fair value. When developing fair value estimates, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs. As of December 31, 2013, the fair market value of marketable securities was approximately $5.1 million, of which approximately $4.6 million matures in one year or less, and approximately $500,000 matures after one year, but less than five years. As of December 31, 2012, the fair market value of marketable securities was approximately $4.9 million, of which approximately $4.7 million matures in one year or less, and approximately $200,000 matures after one year, but less than five years. The Company recorded an unrealized loss with respect to certain available-for-sale securities in 2013 of $3,000. The Company recorded an unrealized gain with respect to certain available-for-sale securities in 2012 of $1,000. | ||||||||||||||||||||||||||
Financial assets, measured at fair value, by level within the fair value hierarchy were as follows (in thousands): | ||||||||||||||||||||||||||
31-Dec-13 | 31-Dec-12 | |||||||||||||||||||||||||
Fair Value Hierarchy | Cost | Unrealized Gain | Fair Value | Cost | Unrealized Gain | Fair Value | ||||||||||||||||||||
Asset Backed | Level 2 | $ | 455 | $ | 1 | $ | 456 | $ | 952 | $ | 3 | $ | 955 | |||||||||||||
Corporate Bonds | Level 2 | 164 | 1 | 165 | 698 | 1 | 699 | |||||||||||||||||||
US Treasuries | Level 2 | 4,500 | - | 4,500 | 3,200 | - | 3,200 | |||||||||||||||||||
Total | $ | 5,119 | $ | 2 | $ | 5,121 | $ | 4,850 | $ | 4 | $ | 4,854 | ||||||||||||||
Receivables, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Accounts Receivable and Allowance for Doubtful Accounts: The Company records accounts receivable at their net realizable value, which requires management to estimate the collectability of the Company’s trade receivables. A considerable amount of judgment is required in assessing the realization of these receivables, including the current creditworthiness of each customer and related aging of the past due balances. Management evaluates all accounts periodically and a reserve is established based on the best facts available to management. This reserve is also partially determined by using percentages applied to certain aged receivable categories based on historical results and is reevaluated and adjusted as additional information is received. After all attempts to collect a receivable have failed, the receivable is written off against the allowance for doubtful accounts. | ||||||||||||||||||||||||||
The activity in this account was as follows (in thousands): | ||||||||||||||||||||||||||
Balance at | (Write-offs) | Balance | ||||||||||||||||||||||||
Beginning | Charged to | Net of | at End | |||||||||||||||||||||||
Year Ended December 31: | of Period | Expense | Recoveries | of Period | ||||||||||||||||||||||
2013 | $ | 17 | $ | 13 | $ | (13 | ) | $ | 17 | |||||||||||||||||
2012 | $ | 18 | $ | 1 | $ | (2 | ) | $ | 17 | |||||||||||||||||
2011 | $ | 23 | $ | - | $ | (5 | ) | $ | 18 | |||||||||||||||||
Revenue Recognition, Sales Returns [Policy Text Block] | ' | |||||||||||||||||||||||||
Allowance for Returns: The Company maintains an allowance for returns, based upon expected return rates, when such return rates are estimable. The estimates of expected return rates are generally based upon historical returns experience. Changes in return rates could impact allowance for return estimates. As of December 31, 2013, 2012 and 2011, the allowance for returns was $28,000, $22,000 and $25,000, respectively, and presented as a reduction to accounts receivable. | ||||||||||||||||||||||||||
Inventory, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Inventories: Inventories are valued at the lower of cost or market and include material, labor and manufacturing overhead. Cost is determined on a first-in, first-out basis (in thousands): | ||||||||||||||||||||||||||
Years ended December 31, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
Raw Materials | $ | 2,108 | $ | 1,616 | ||||||||||||||||||||||
Work-in-Process | 903 | 462 | ||||||||||||||||||||||||
Finished Goods | 321 | 141 | ||||||||||||||||||||||||
Total | $ | 3,332 | $ | 2,219 | ||||||||||||||||||||||
Valuing inventory at the lower of cost or market involves an inherent level of risk and uncertainty due to technology trends in the industry and customer demand for the Company’s products. Future events may cause significant fluctuations in the Company’s operating results. Inventories are written down when needed to ensure the Company carries inventory at the lower of cost or market. Writedowns in 2013, 2012 and 2011 were $120,000, $57,000 and $60,000, respectively. | ||||||||||||||||||||||||||
Property, Plant and Equipment, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Property and Equipment: Property and equipment are recorded at cost. Depreciation is provided over the estimated useful lives of depreciable assets using the straight-line method. When property and equipment are sold or otherwise retired, the cost and accumulated depreciation applicable to such assets are eliminated from the accounts, and any resulting gain or loss is reflected in current operations. Related depreciation expense was as follows (in thousands): | ||||||||||||||||||||||||||
Year ended December 31: | Depreciation Expense | |||||||||||||||||||||||||
2013 | $ | 129 | ||||||||||||||||||||||||
2012 | $ | 200 | ||||||||||||||||||||||||
2011 | $ | 217 | ||||||||||||||||||||||||
The depreciable lives of property and equipment are as follows: | ||||||||||||||||||||||||||
Machinery and equipment | 3 | - | 5 | years | ||||||||||||||||||||||
Leasehold improvements | Term of the respective leases | |||||||||||||||||||||||||
Furniture and fixtures | 3 | - | 10 | years | ||||||||||||||||||||||
Capitalized Software: Capitalized software represents various software licenses purchased by the Company and utilized in connection with the Company’s products as well as the general operations of the Company. In addition, the Company capitalizes certain external direct costs incurred to create internal use software, principally related to applications, infrastructure and the development of its websites. Capitalized software is amortized over three to five years utilizing the straight-line method. Related amortization expense and accumulated amortization were as follows (in thousands): | ||||||||||||||||||||||||||
Year ended December 31: | Amortization Expense | Accumulated Amortization | ||||||||||||||||||||||||
2013 | $ | 92 | $ | 3,495 | ||||||||||||||||||||||
2012 | $ | 177 | $ | 3,401 | ||||||||||||||||||||||
2011 | $ | 348 | $ | 3,306 | ||||||||||||||||||||||
Research, Development, and Computer Software, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Capitalized Software: Capitalized software represents various software licenses purchased by the Company and utilized in connection with the Company’s products as well as the general operations of the Company. In addition, the Company capitalizes certain external direct costs incurred to create internal use software, principally related to applications, infrastructure and the development of its websites. Capitalized software is amortized over three to five years utilizing the straight-line method. Related amortization expense and accumulated amortization were as follows (in thousands): | ||||||||||||||||||||||||||
Year ended December 31: | Amortization Expense | Accumulated Amortization | ||||||||||||||||||||||||
2013 | $ | 92 | $ | 3,495 | ||||||||||||||||||||||
2012 | $ | 177 | $ | 3,401 | ||||||||||||||||||||||
2011 | $ | 348 | $ | 3,306 | ||||||||||||||||||||||
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Long-Lived Assets: Property and equipment and other long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. All impairments are recognized in operating results when a permanent reduction in value occurs. There was no such writedown during 2013, 2012 or 2011. | ||||||||||||||||||||||||||
Revenue Recognition, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Revenue Recognition: Product revenues and electronic manufacturing services revenues are recognized in accordance with shipping terms, which is typically upon shipment, provided fees are fixed and determinable, a customer purchase order is obtained (when applicable), and collection is probable. Sales tax collected from customers and remitted to the applicable taxing authorities is accounted for on a net basis, with no impact to revenues. Service revenue, other than electronic manufacturing services revenue, is recognized as the services are performed. Deferred revenue consists primarily of advance payments for electronic manufacturing services where the goods have not yet shipped. | ||||||||||||||||||||||||||
The Company’s engineering design services are typically provided on a fixed-fee basis. The revenues for such longer duration projects that require significant customization and integration are recognized using the percentage-of-completion method. In using the percentage-of-completion method, revenues are generally recorded based on the percentage of effort incurred to date on a contract relative to the estimated total expected contract effort. Significant judgment is required when estimating total contract effort and progress to completion on the arrangements as well as whether a loss is expected to be incurred on the contract. Management uses historical experience, project plans and an assessment of the risks and uncertainties inherent in the arrangement to establish these estimates. Uncertainties include implementation delays or performance issues that may or may not be within the Company’s control. Changes in these estimates could result in a material impact on revenues and net earnings (loss). If the Company is unable to develop reasonably dependable cost or revenue estimates, the completed contract method is applied under which all revenues and related costs are deferred until the contract is completed. The Company had unbilled receivables of $46,000 and $77,000 included in trade accounts receivable on the Company’s balance sheet at December 31, 2013 and 2012, respectively. | ||||||||||||||||||||||||||
Standard Product Warranty, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Warranty Reserve: The Company offers to its customers a limited warranty that its products will be free from defect in the materials and workmanship for a specified period. The Company has established a warranty reserve of $20,000 and $15,000 at December 31, 2013 and 2012, respectively, as a component of accrued liabilities, for any potential claims. The Company estimates its warranty reserve based upon an analysis of all identified or expected claims and an estimate of the cost to resolve those claims. | ||||||||||||||||||||||||||
Research and Development Expense, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Research and Development: Research and development costs are charged to expense as incurred. | ||||||||||||||||||||||||||
Interest Income and Expense, Net [Policy Text Block] | ' | |||||||||||||||||||||||||
Interest Income, Net: Interest income from investments in securities and cash balances was $12,000, $34,000 and $46,000 for the years ended December 31, 2013, 2012 and 2011, respectively. Interest expense related to the Company’s credit facility was $5,000, $9,000 and $24,000 for the years ended December 31, 2013, 2012 and 2011, respectively. | ||||||||||||||||||||||||||
Advertising Costs, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Advertising Expense: Advertising costs are charged to expense as incurred. Advertising expense was $1,000, $9,000 and $6,000 for the years ended December 31, 2013, 2012 and 2011, respectively. | ||||||||||||||||||||||||||
Foreign Currency Transactions and Translations Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Foreign Currency Translation: Assets and liabilities of the Company’s French subsidiary, whose functional currency is other than the U.S. Dollar, are translated at year-end rates of exchange, and revenues and expenses are translated at average exchange rates prevailing during the year. Realized foreign currency transaction gains and losses are recognized in the Consolidated Statements of Operations as incurred. Unrealized gains or losses are accumulated in shareholders’ equity as a component of other comprehensive income. | ||||||||||||||||||||||||||
Income Tax, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Income Taxes: The Company determines its deferred taxes using the asset and liability method. Deferred tax assets and liabilities are based on the estimated future tax effects of differences between the financial statement basis and tax basis of assets and liabilities given the provisions of enacted tax law. The Company’s consolidated financial statements include deferred income taxes arising from the recognition of revenues and expenses in different periods for income tax and financial reporting purposes. | ||||||||||||||||||||||||||
The Company records a valuation allowance to reduce its deferred income tax assets to the amount that are more likely than not to be realizable. The Company considers all available evidence, both positive and negative, such as future reversals of deferred tax assets and liabilities, cumulative losses in recent years, projected future taxable income and ongoing prudent and feasible tax planning strategies in assessing the need for a valuation allowance. In making such judgments, significant weight is given to evidence that can be objectively verified. Management is continuously assessing the realizability of deferred tax assets. | ||||||||||||||||||||||||||
The Company recognizes the impact of uncertain tax positions taken or expected to be taken on an income tax return in the financial statements at the amount that is more likely than not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position, interest, and penalties will not be recognized in the financial statements unless it is more likely than not of being sustained. | ||||||||||||||||||||||||||
Comprehensive Income, Policy [Policy Text Block] | ' | |||||||||||||||||||||||||
Other Comprehensive Loss: Other comprehensive loss is presented on the Consolidated Statements of Comprehensive Loss and is comprised of unrealized gains and losses excluded from the Consolidated Statements of Operations. These unrealized gains and losses consist of holding period gains and losses related to marketable securities, net of income taxes, and foreign currency translation, which are not adjusted for income taxes since they relate to indefinite investments in a non-U.S. subsidiary. |
Note_1_Summary_of_Significant_1
Note 1 - Summary of Significant Accounting Policies (Tables) | 12 Months Ended | |||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||
Accounting Policies [Abstract] | ' | |||||||||||||||||||||||||
Fair Value, Assets Measured on Recurring Basis [Table Text Block] | ' | |||||||||||||||||||||||||
31-Dec-13 | 31-Dec-12 | |||||||||||||||||||||||||
Fair Value Hierarchy | Cost | Unrealized Gain | Fair Value | Cost | Unrealized Gain | Fair Value | ||||||||||||||||||||
Asset Backed | Level 2 | $ | 455 | $ | 1 | $ | 456 | $ | 952 | $ | 3 | $ | 955 | |||||||||||||
Corporate Bonds | Level 2 | 164 | 1 | 165 | 698 | 1 | 699 | |||||||||||||||||||
US Treasuries | Level 2 | 4,500 | - | 4,500 | 3,200 | - | 3,200 | |||||||||||||||||||
Total | $ | 5,119 | $ | 2 | $ | 5,121 | $ | 4,850 | $ | 4 | $ | 4,854 | ||||||||||||||
Allowance for Credit Losses on Financing Receivables [Table Text Block] | ' | |||||||||||||||||||||||||
Balance at | (Write-offs) | Balance | ||||||||||||||||||||||||
Beginning | Charged to | Net of | at End | |||||||||||||||||||||||
Year Ended December 31: | of Period | Expense | Recoveries | of Period | ||||||||||||||||||||||
2013 | $ | 17 | $ | 13 | $ | (13 | ) | $ | 17 | |||||||||||||||||
2012 | $ | 18 | $ | 1 | $ | (2 | ) | $ | 17 | |||||||||||||||||
2011 | $ | 23 | $ | - | $ | (5 | ) | $ | 18 | |||||||||||||||||
Schedule of Inventory, Current [Table Text Block] | ' | |||||||||||||||||||||||||
Years ended December 31, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
Raw Materials | $ | 2,108 | $ | 1,616 | ||||||||||||||||||||||
Work-in-Process | 903 | 462 | ||||||||||||||||||||||||
Finished Goods | 321 | 141 | ||||||||||||||||||||||||
Total | $ | 3,332 | $ | 2,219 | ||||||||||||||||||||||
Property, Plant and Equipment [Table Text Block] | ' | |||||||||||||||||||||||||
Year ended December 31: | Depreciation Expense | |||||||||||||||||||||||||
2013 | $ | 129 | ||||||||||||||||||||||||
2012 | $ | 200 | ||||||||||||||||||||||||
2011 | $ | 217 | ||||||||||||||||||||||||
Property, Plan and Equipment, Estimated Useful Lives [Table Text Block] | ' | |||||||||||||||||||||||||
Machinery and equipment | 3 | - | 5 | years | ||||||||||||||||||||||
Leasehold improvements | Term of the respective leases | |||||||||||||||||||||||||
Furniture and fixtures | 3 | - | 10 | years | ||||||||||||||||||||||
Capitalized Software Amortization [Table Text Block] | ' | |||||||||||||||||||||||||
Year ended December 31: | Amortization Expense | Accumulated Amortization | ||||||||||||||||||||||||
2013 | $ | 92 | $ | 3,495 | ||||||||||||||||||||||
2012 | $ | 177 | $ | 3,401 | ||||||||||||||||||||||
2011 | $ | 348 | $ | 3,306 |
Note_2_Prepaid_Expenses_and_Ot1
Note 2 - Prepaid Expenses and Other Current Assets (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||
Prepaid Expenses and Other Current Assets [Table Text Block] | ' | ||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Prepaid inventory | $ | 415 | $ | - | |||||
Foreign research and development tax credit | 381 | 69 | |||||||
Prepaid insurance | 75 | 95 | |||||||
Prepaid maintenance contracts | 59 | 58 | |||||||
Prepaid rent | 38 | 61 | |||||||
Prepaid other | 73 | 67 | |||||||
Total prepaid expenses and other current assets | $ | 1,041 | $ | 350 |
Note_3_Accrued_Liabilities_Tab
Note 3 - Accrued Liabilities (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||
Schedule of Accrued Liabilities [Table Text Block] | ' | ||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Reserve for uncertain tax positions | $ | 885 | $ | 820 | |||||
French litigation payroll taxes | 180 | - | |||||||
Inventory receipts | 174 | 48 | |||||||
Property taxes | 59 | - | |||||||
Legal | 47 | 16 | |||||||
Provision for restructuring | - | 162 | |||||||
Accrued other | 168 | 103 | |||||||
Total accrued liabilites | $ | 1,513 | $ | 1,149 |
Note_5_Income_Taxes_Tables
Note 5 - Income Taxes (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||
Income Tax Expense (Benefit), Continuing Operations, by Jurisdiction [Table Text Block] | ' | ||||||||||||
Year ended December 31, | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
United States tax provision | $ | 16 | $ | 7 | $ | 7 | |||||||
Foreign tax provision | 30 | 5 | 210 | ||||||||||
Total income tax provision | $ | 46 | $ | 12 | $ | 217 | |||||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | ' | ||||||||||||
Year ended December 31, | |||||||||||||
2013 | 2012 | ||||||||||||
Current deferred tax assets: | |||||||||||||
Inventories | $ | 325 | $ | 283 | |||||||||
Trade accounts receivable | 6 | 6 | |||||||||||
Deferred revenue | 325 | 130 | |||||||||||
Other accruals | 605 | 432 | |||||||||||
Total current deferred tax assets | $ | 1,261 | $ | 851 | |||||||||
Noncurrent deferred tax assets: | |||||||||||||
Depreciation | $ | 239 | $ | 295 | |||||||||
Other | 377 | 397 | |||||||||||
Net operating loss carryforwards | 16,323 | 15,872 | |||||||||||
Total noncurrent deferred tax assets | $ | 16,939 | $ | 16,564 | |||||||||
Valuation allowance for deferred tax assets | (18,200 | ) | (17,415 | ) | |||||||||
Deferred tax assets, net of valuation allowance | $ | - | $ | - | |||||||||
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | ' | ||||||||||||
Year ended December 31, | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Income tax benefit at statutory rate | $ | (903 | ) | $ | (1,283 | ) | $ | (98 | ) | ||||
State provision | 4 | 2 | 15 | ||||||||||
French permanent items | 117 | (84 | ) | 81 | |||||||||
Foreign income inclusion | (7 | ) | (5 | ) | 100 | ||||||||
Adjustment to deferred tax assets | 40 | (66 | ) | (38 | ) | ||||||||
Other | 10 | (11 | ) | (2 | ) | ||||||||
Change in valuation allowance | 785 | 1,459 | 159 | ||||||||||
Income tax provision | $ | 46 | $ | 12 | $ | 217 | |||||||
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] | ' | ||||||||||||
Unrecognized | |||||||||||||
Tax Benefit | |||||||||||||
Balance as of January 1, 2012 | $ | 784 | |||||||||||
Additions based on tax positions - previous years | 22 | ||||||||||||
Effect of exchange rate changes | 14 | ||||||||||||
Balance as of December 31, 2012 | 820 | ||||||||||||
Additions based on tax positions - previous years | 32 | ||||||||||||
Effect of exchange rate changes | 33 | ||||||||||||
Balance as of December 31, 2013 | $ | 885 |
Note_7_Earning_Per_Share_Table
Note 7 - Earning Per Share (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||||||
Years ended December 31, | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Basic loss per share: | |||||||||||||
Net loss | $ | (2,703 | ) | $ | (3,785 | ) | $ | (505 | ) | ||||
Weighted average common shares outstanding | 7,006 | 6,975 | 6,857 | ||||||||||
Basic loss per share | $ | (0.39 | ) | $ | (0.54 | ) | $ | (0.07 | ) | ||||
Diluted loss per share: | |||||||||||||
Net loss | $ | (2,703 | ) | $ | (3,785 | ) | $ | (505 | ) | ||||
Weighted average common shares outstanding | 7,006 | 6,975 | 6,857 | ||||||||||
Dilutive stock options and restricted stock | - | - | - | ||||||||||
Weighted average common shares outstanding – assuming dilution | 7,006 | 6,975 | 6,857 | ||||||||||
Diluted loss per share | $ | (0.39 | ) | $ | (0.54 | ) | $ | (0.07 | ) | ||||
Outstanding stock options that were not included in the diluted calculation because their effect would be anti-dilutive | 686 | 750 | 704 |
Note_8_Common_Stock_Tables
Note 8 - Common Stock (Tables) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | ||||||||||||||||||||||||
Number of | Weighted Average | Aggregate | |||||||||||||||||||||||
Options | Option Price | Intrinsic Value | |||||||||||||||||||||||
Balance, December 31, 2010 | 1,470 | $ | 5 | $ | - | ||||||||||||||||||||
Granted | 370 | 2.98 | |||||||||||||||||||||||
Exercised | (107 | ) | 4.92 | ||||||||||||||||||||||
Canceled | (401 | ) | 5.77 | ||||||||||||||||||||||
Balance, December 31, 2011 | 1,332 | 4.21 | 1,724 | ||||||||||||||||||||||
Granted | 1,095 | 3.94 | |||||||||||||||||||||||
Exercised | (176 | ) | 4.71 | ||||||||||||||||||||||
Canceled | (198 | ) | 3.79 | ||||||||||||||||||||||
Balance, December 31, 2012 | 2,053 | 4.06 | 448 | ||||||||||||||||||||||
Granted | 592 | 4.64 | |||||||||||||||||||||||
Exercised | (15 | ) | 1.71 | ||||||||||||||||||||||
Canceled | (443 | ) | 4.69 | ||||||||||||||||||||||
Balance, December 31, 2013 | 2,187 | 4.11 | 1,455 | ||||||||||||||||||||||
Exercisable at December 31, 2013 | 601 | $ | 4.76 | $ | 649 | ||||||||||||||||||||
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | ' | ||||||||||||||||||||||||
Options Outstanding | Options Exercisable | ||||||||||||||||||||||||
Range of | Number | Weighted- | Weighted | Number | Weighted | ||||||||||||||||||||
Exercise Prices | Outstanding at | Average | Average Exercise | Exercisable at | Average Exercise | ||||||||||||||||||||
12/31/13 | Remaining | Price | 12/31/13 | Price | |||||||||||||||||||||
Contractual Life | |||||||||||||||||||||||||
(years) | |||||||||||||||||||||||||
$ | 1.36 | - | 4.18 | 1,015 | 7.96 | $ | 2.45 | 319 | $ | 1.84 | |||||||||||||||
$ | 4.19 | - | 8.35 | 1,027 | 9.01 | 4.79 | 137 | 5.1 | |||||||||||||||||
$ | 8.36 | - | 11.45 | 145 | 0.23 | 10.89 | 145 | 10.89 | |||||||||||||||||
Total | 2,187 | 7.94 | $ | 4.11 | 601 | $ | 4.76 | ||||||||||||||||||
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | ' | ||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Risk free interest rate range | 1.86 | - | 2.88 | % | 1.53 | - | 2.26 | % | 1.81 | - | 3.75 | % | |||||||||||||
Weighted average life (in years) | 10 | 10 | 10 | ||||||||||||||||||||||
Weighted average volatility | 66.81 | % | 66.1 | % | 64.81 | % | |||||||||||||||||||
Volatility range | 66.1 | - | 66.93 | % | 65.81 | - | 66.34 | % | 60.27 | - | 66.44 | % | |||||||||||||
Expected dividend yield | - | - | - | ||||||||||||||||||||||
Weighted average grant-date fair value per share of options granted | $ | 3.48 | $ | 2.87 | $ | 2.2 | |||||||||||||||||||
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] | ' | ||||||||||||||||||||||||
Restricted Stock | Weighted Average | ||||||||||||||||||||||||
Shares | Grant Date Value | ||||||||||||||||||||||||
Nonvested restricted stock at December 31, 2011 | 226 | $ | 2.67 | ||||||||||||||||||||||
Granted | 9 | 5.72 | |||||||||||||||||||||||
Vested | (49 | ) | 3.35 | ||||||||||||||||||||||
Cancelled/Forfeited | (74 | ) | 1.82 | ||||||||||||||||||||||
Nonvested restricted stock at December 31, 2012 | 112 | 3.17 | |||||||||||||||||||||||
Granted | - | - | |||||||||||||||||||||||
Vested | (40 | ) | 3.08 | ||||||||||||||||||||||
Cancelled/Forfeited | (10 | ) | 3.35 | ||||||||||||||||||||||
Nonvested restricted stock at December 31, 2013 | 62 | $ | 3.21 |
Note_11_Other_Financial_Inform1
Note 11 - Other Financial Information (Tables) | 12 Months Ended | ||||
Dec. 31, 2013 | |||||
Disclosure Text Block Supplement [Abstract] | ' | ||||
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | ' | ||||
Year ending December 31: | |||||
2014 | $ | 322 | |||
2015 | $ | 380 | |||
2016 | $ | 380 | |||
2017 | $ | 417 | |||
Thereafter | $ | 3,448 | |||
Schedule of Rent Expense [Table Text Block] | ' | ||||
Year ending December 31: | |||||
2013 | $ | 572 | |||
2012 | $ | 580 | |||
2011 | $ | 630 |
Note_13_Segment_Data_Tables
Note 13 - Segment Data (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2013 | |||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||
Revenue from External Customers by Geographic Areas [Table Text Block] | ' | ||||||||||||
Revenues | 2013 | 2012 | 2011 | ||||||||||
North America | $ | 8,317 | $ | 7,947 | $ | 7,608 | |||||||
Pacific Rim | 4,861 | 3,340 | 7,679 | ||||||||||
Europe | 2,410 | 2,568 | 6,706 | ||||||||||
Total | $ | 15,588 | $ | 13,855 | $ | 21,993 | |||||||
Revenue from External Customers by Products and Services [Table Text Block] | ' | ||||||||||||
Product and Service Revenues | 2013 | 2012 | 2011 | ||||||||||
Telecommunications | $ | 11,077 | $ | 10,082 | $ | 17,771 | |||||||
Services | 4,332 | 3,246 | 2,469 | ||||||||||
Enterprise | 23 | 393 | 1,591 | ||||||||||
Other | 156 | 134 | 162 | ||||||||||
Total | $ | 15,588 | $ | 13,855 | $ | 21,993 |
Note_14_Quarterly_Financial_Da1
Note 14 - Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | ||||||||||||||||
Schedule of Quarterly Financial Information [Table Text Block] | ' | ||||||||||||||||
Quarter Ended | |||||||||||||||||
31-Mar | 30-Jun | 30-Sep | 31-Dec | ||||||||||||||
Revenues | $ | 3,280 | $ | 3,818 | $ | 4,168 | $ | 4,322 | |||||||||
Gross margin | 1,270 | 1,395 | 1,985 | 1,659 | |||||||||||||
(Loss) income before income tax | (1,398 | ) | (887 | ) | 89 | (461 | ) | ||||||||||
Net (loss) income | (1,410 | ) | (895 | ) | 76 | (474 | ) | ||||||||||
Net (loss) income per share: | |||||||||||||||||
Basic EPS | $ | (0.20 | ) | $ | (0.13 | ) | $ | 0.01 | $ | (0.07 | ) | ||||||
Diluted EPS | $ | (0.20 | ) | $ | (0.13 | ) | $ | 0.01 | $ | (0.07 | ) | ||||||
Quarter Ended | |||||||||||||||||
31-Mar | 30-Jun | 30-Sep | 31-Dec | ||||||||||||||
Revenues | $ | 4,014 | $ | 3,470 | $ | 3,167 | $ | 3,204 | |||||||||
Gross margin | 1,849 | 1,577 | 1,464 | 1,259 | |||||||||||||
Loss before income tax | (933 | ) | (1,127 | ) | (532 | ) | (1,181 | ) | |||||||||
Net loss | (929 | ) | (1,122 | ) | (541 | ) | (1,193 | ) | |||||||||
Net loss per share: | |||||||||||||||||
Basic EPS | $ | (0.13 | ) | $ | (0.16 | ) | $ | (0.08 | ) | $ | (0.17 | ) | |||||
Diluted EPS | $ | (0.13 | ) | $ | (0.16 | ) | $ | (0.08 | ) | $ | (0.17 | ) |
Note_1_Summary_of_Significant_2
Note 1 - Summary of Significant Accounting Policies (Details) (USD $) | 12 Months Ended | 24 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | |
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items] | ' | ' | ' | ' |
Available-for-sale Securities | $5,121,000 | $4,854,000 | ' | $4,854,000 |
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Fair Value | 4,600,000 | 4,700,000 | ' | 4,700,000 |
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value | 500,000 | 200,000 | ' | 200,000 |
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax | -3,000 | 1,000 | ' | ' |
Sales Returns and Allowances, Goods | 28,000 | 22,000 | 25,000 | ' |
Inventory Write-down | 120,000 | 57,000 | 60,000 | ' |
Tangible Asset Impairment Charges | 0 | 0 | ' | 0 |
Unbilled Receivables, Current | 46,000 | 77,000 | ' | 77,000 |
Standard Product Warranty Accrual | 20,000 | 15,000 | ' | 15,000 |
Investment Income, Interest | 12,000 | 34,000 | 46,000 | ' |
Interest Expense | 5,000 | 9,000 | 24,000 | ' |
Advertising Expense | $1,000 | $9,000 | $6,000 | ' |
Minimum [Member] | Computer Software, Intangible Asset [Member] | ' | ' | ' | ' |
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items] | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | '3 years | ' | ' | ' |
Maximum [Member] | Computer Software, Intangible Asset [Member] | ' | ' | ' | ' |
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items] | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | '5 years | ' | ' | ' |
Note_1_Summary_of_Significant_3
Note 1 - Summary of Significant Accounting Policies (Details) - Financial Assets, Measured at Fair Value (USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Note 1 - Summary of Significant Accounting Policies (Details) - Financial Assets, Measured at Fair Value [Line Items] | ' | ' |
Cost | $5,119 | $4,850 |
Unrealized Gain | 2 | 4 |
Estimated Fair Value | 5,121 | 4,854 |
Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 1 - Summary of Significant Accounting Policies (Details) - Financial Assets, Measured at Fair Value [Line Items] | ' | ' |
Cost | 455 | 952 |
Unrealized Gain | 1 | 3 |
Estimated Fair Value | 456 | 955 |
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 1 - Summary of Significant Accounting Policies (Details) - Financial Assets, Measured at Fair Value [Line Items] | ' | ' |
Cost | 164 | 698 |
Unrealized Gain | 1 | 1 |
Estimated Fair Value | 165 | 699 |
US Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 1 - Summary of Significant Accounting Policies (Details) - Financial Assets, Measured at Fair Value [Line Items] | ' | ' |
Cost | 4,500 | 3,200 |
Unrealized Gain | 0 | 0 |
Estimated Fair Value | $4,500 | $3,200 |
Note_1_Summary_of_Significant_4
Note 1 - Summary of Significant Accounting Policies (Details) - Accounts Receivable and Allowance for Doubtful Accounts, Activity (Allowance for Doubtful Accounts [Member], USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Allowance for Doubtful Accounts [Member] | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' |
Balance, Beginning | $17 | $18 | $23 |
Charged to Expense | 13 | 1 | 0 |
(Write-offs) Net of Recoveries | -13 | -2 | -5 |
Balance, Ending | $17 | $17 | $18 |
Note_1_Summary_of_Significant_5
Note 1 - Summary of Significant Accounting Policies (Details) - Inventories (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Inventories [Abstract] | ' | ' |
Raw Materials | $2,108 | $1,616 |
Work-in-Process | 903 | 462 |
Finished Goods | 321 | 141 |
Total | $3,332 | $2,219 |
Note_1_Summary_of_Significant_6
Note 1 - Summary of Significant Accounting Policies (Details) - Property and Equipment, Depreciation Expense (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Property and Equipment, Depreciation Expense [Abstract] | ' | ' | ' |
Depreciation Expense | $129 | $200 | $217 |
Note_1_Summary_of_Significant_7
Note 1 - Summary of Significant Accounting Policies (Details) - Depreciable Lives of Property and Equipment | 12 Months Ended |
Dec. 31, 2013 | |
Machinery and Equipment [Member] | Minimum [Member] | ' |
Note 1 - Summary of Significant Accounting Policies (Details) - Depreciable Lives of Property and Equipment [Line Items] | ' |
Useful Life | '3 years |
Machinery and Equipment [Member] | Maximum [Member] | ' |
Note 1 - Summary of Significant Accounting Policies (Details) - Depreciable Lives of Property and Equipment [Line Items] | ' |
Useful Life | '5 years |
Leasehold Improvements [Member] | ' |
Note 1 - Summary of Significant Accounting Policies (Details) - Depreciable Lives of Property and Equipment [Line Items] | ' |
Leasehold improvements | 'Term of the respective leases |
Furniture and Fixtures [Member] | Minimum [Member] | ' |
Note 1 - Summary of Significant Accounting Policies (Details) - Depreciable Lives of Property and Equipment [Line Items] | ' |
Useful Life | '3 years |
Furniture and Fixtures [Member] | Maximum [Member] | ' |
Note 1 - Summary of Significant Accounting Policies (Details) - Depreciable Lives of Property and Equipment [Line Items] | ' |
Useful Life | '10 years |
Note_1_Summary_of_Significant_8
Note 1 - Summary of Significant Accounting Policies (Details) - Capitalized Software, Depreciation Expense (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Capitalized Software, Depreciation Expense [Abstract] | ' | ' | ' |
Amortization Expense | $92 | $177 | $348 |
Accumulated Amortization | $3,495 | $3,401 | $3,306 |
Note_2_Prepaid_Expenses_and_Ot2
Note 2 - Prepaid Expenses and Other Current Assets (Details) - Prepaid Expenses and Other Current Assets (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Note 2 - Prepaid Expenses and Other Current Assets (Details) - Prepaid Expenses and Other Current Assets [Line Items] | ' | ' |
Prepaid inventory | $415 | ' |
Prepaid insurance | 75 | 95 |
Prepaid maintenance contracts | 59 | 58 |
Prepaid rent | 38 | 61 |
Prepaid other | 73 | 67 |
Total prepaid expenses and other current assets | 1,041 | 350 |
Foreign Tax Authority [Member] | Research Tax Credit Carryforward [Member] | ' | ' |
Note 2 - Prepaid Expenses and Other Current Assets (Details) - Prepaid Expenses and Other Current Assets [Line Items] | ' | ' |
Foreign research and development tax credit | $381 | $69 |
Note_3_Accrued_Liabilities_Det
Note 3 - Accrued Liabilities (Details) - Accrued Liabilities (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
Note 3 - Accrued Liabilities (Details) - Accrued Liabilities [Line Items] | ' | ' |
Reserve for uncertain tax positions | $885,000 | $820,000 |
Inventory receipts | 174,000 | 48,000 |
Property taxes | 59,000 | ' |
Legal | 47,000 | 16,000 |
Provision for restructuring | ' | 162,000 |
Accrued other | 168,000 | 103,000 |
Total accrued liabilites | 1,513,000 | 1,149,000 |
FRANCE | ' | ' |
Note 3 - Accrued Liabilities (Details) - Accrued Liabilities [Line Items] | ' | ' |
Reserve for uncertain tax positions | 885,000 | 820,000 |
French litigation payroll taxes | $180,000 | ' |
Note_4_Credit_Facility_Details
Note 4 - Credit Facility (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 |
In Millions, unless otherwise specified | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | ||
London Interbank Offered Rate (LIBOR) [Member] | London Interbank Offered Rate (LIBOR) [Member] | |||||
Note 4 - Credit Facility (Details) [Line Items] | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars) | $5 | ' | ' | ' | ' | ' |
Debt Instrument, Basis Spread on Variable Rate | ' | ' | 1.00% | ' | 1.50% | ' |
Line of Credit Facility, Amount Outstanding (in Dollars) | $3.50 | $3.50 | ' | ' | ' | ' |
Line of Credit Facility, Interest Rate at Period End | 1.70% | 1.20% | ' | ' | ' | ' |
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage | ' | ' | ' | 0.25% | ' | 0.75% |
Note_5_Income_Taxes_Details
Note 5 - Income Taxes (Details) (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Note 5 - Income Taxes (Details) [Line Items] | ' | ' | ' |
Operating Loss Carryforwards | $47,900,000 | ' | ' |
Deferred Tax Assets, Operating Loss Carryforwards | 16,323,000 | 15,872,000 | ' |
Deferred Tax Assets, Operating Loss Carryforwards, State and Local | 4,200,000 | ' | ' |
Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Amount | 117,000 | -84,000 | 81,000 |
Liability for Uncertain Tax Positions, Current | 885,000 | 820,000 | ' |
French Subsidiary [Member] | ' | ' | ' |
Note 5 - Income Taxes (Details) [Line Items] | ' | ' | ' |
Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Amount | 381,000 | ' | ' |
Foreign Tax Authority [Member] | ' | ' | ' |
Note 5 - Income Taxes (Details) [Line Items] | ' | ' | ' |
Liability for Uncertain Tax Positions, Current | 80,000 | 80,000 | ' |
FRANCE | Potential Liability [Member] | ' | ' | ' |
Note 5 - Income Taxes (Details) [Line Items] | ' | ' | ' |
Liability for Uncertain Tax Positions, Current | 756,000 | 722,000 | ' |
FRANCE | Possible Interest [Member] | ' | ' | ' |
Note 5 - Income Taxes (Details) [Line Items] | ' | ' | ' |
Liability for Uncertain Tax Positions, Current | 102,000 | 72,000 | ' |
FRANCE | Potential Penalty [Member] | ' | ' | ' |
Note 5 - Income Taxes (Details) [Line Items] | ' | ' | ' |
Liability for Uncertain Tax Positions, Current | 27,000 | 26,000 | ' |
FRANCE | ' | ' | ' |
Note 5 - Income Taxes (Details) [Line Items] | ' | ' | ' |
Liability for Uncertain Tax Positions, Current | 885,000 | 820,000 | ' |
Unrecognized Tax Benefits that Would Impact Effective Tax Rate | 885,000 | ' | ' |
Non-Qualified Option Deductions [Member] | ' | ' | ' |
Note 5 - Income Taxes (Details) [Line Items] | ' | ' | ' |
Deferred Tax Assets, Operating Loss Carryforwards | $3,600,000 | ' | ' |
Note_5_Income_Taxes_Details_Pr
Note 5 - Income Taxes (Details) - Provision for Income Taxes Applicable to Operations (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Provision for Income Taxes Applicable to Operations [Abstract] | ' | ' | ' |
United States tax provision | $16 | $7 | $7 |
Foreign tax provision | 30 | 5 | 210 |
Total income tax provision | $46 | $12 | $217 |
Note_5_Income_Taxes_Details_De
Note 5 - Income Taxes (Details) - Deferred Tax Assets and Liabilities (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Deferred Tax Assets and Liabilities [Abstract] | ' | ' |
Inventories | $325 | $283 |
Trade accounts receivable | 6 | 6 |
Deferred revenue | 325 | 130 |
Other accruals | 605 | 432 |
Total current deferred tax assets | 1,261 | 851 |
Depreciation | 239 | 295 |
Other | 377 | 397 |
Net operating loss carryforwards | 16,323 | 15,872 |
Total noncurrent deferred tax assets | 16,939 | 16,564 |
Valuation allowance for deferred tax assets | -18,200 | -17,415 |
Deferred tax assets, net of valuation allowance | $0 | $0 |
Note_5_Income_Taxes_Details_Ef
Note 5 - Income Taxes (Details) - Effective Income Tax Rate Reconcilliation (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Effective Income Tax Rate Reconcilliation [Abstract] | ' | ' | ' |
Income tax benefit at statutory rate | ($903) | ($1,283) | ($98) |
State provision | 4 | 2 | 15 |
French permanent items | 117 | -84 | 81 |
Foreign income inclusion | -7 | -5 | 100 |
Adjustment to deferred tax assets | 40 | -66 | -38 |
Other | 10 | -11 | -2 |
Change in valuation allowance | 785 | 1,459 | 159 |
Income tax provision | $46 | $12 | $217 |
Note_5_Income_Taxes_Details_Un
Note 5 - Income Taxes (Details) - Unrecognized Tax Benefit (USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Unrecognized Tax Benefit [Abstract] | ' | ' |
Balance | $820 | $784 |
Additions based on tax positionsbprevious years | 32 | 22 |
Effect of exchange rate changes | 33 | 14 |
Balance | $885 | $820 |
Note_6_Restructuring_Charge_De
Note 6 - Restructuring Charge (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||
Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2010 | Dec. 31, 2013 | Dec. 31, 2012 | |
Restructuring and Related Activities [Abstract] | ' | ' | ' | ' | ' |
Restructuring and Related Cost, Number of Positions Eliminated | ' | 10 | ' | ' | ' |
Restructuring Charges | ' | $253,000 | $3,300,000 | ($67,000) | $253,000 |
Restructuring Reserve, Accrual Adjustment | $67,000 | ' | ' | ' | ' |
Note_7_Earning_Per_Share_Detai
Note 7 - Earning Per Share (Details) - Earning Per Share (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Basic loss per share: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net (loss) income (in Dollars) | ($474) | $76 | ($895) | ($1,410) | ($1,193) | ($541) | ($1,122) | ($929) | ($2,703) | ($3,785) | ($505) |
Weighted average common shares outstanding | ' | ' | ' | ' | ' | ' | ' | ' | 7,006 | 6,975 | 6,857 |
Dilutive stock options and restricted stock | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Weighted average common shares outstanding b assuming dilution | ' | ' | ' | ' | ' | ' | ' | ' | 7,006 | 6,975 | 6,857 |
Diluted loss per share (in Dollars per share) | ($0.07) | $0.01 | ($0.13) | ($0.20) | ($0.17) | ($0.08) | ($0.16) | ($0.13) | ($0.39) | ($0.54) | ($0.07) |
Basic loss per share (in Dollars per share) | ($0.07) | $0.01 | ($0.13) | ($0.20) | ($0.17) | ($0.08) | ($0.16) | ($0.13) | ($0.39) | ($0.54) | ($0.07) |
Equity Option [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic loss per share: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Outstanding stock options that were not included in the diluted calculation because their effect would be anti-dilutive | ' | ' | ' | ' | ' | ' | ' | ' | 686 | 750 | 704 |
Note_8_Common_Stock_Details
Note 8 - Common Stock (Details) (USD $) | 12 Months Ended | 116 Months Ended | 12 Months Ended | 116 Months Ended | 116 Months Ended | 12 Months Ended | 12 Months Ended | 116 Months Ended | 12 Months Ended | 116 Months Ended | ||||||||||||||||||||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | 4-May-04 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2013 | Aug. 09, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | |
Director Stock Option Plan [Member] | Director Stock Option Plan [Member] | Director Stock Option Plan [Member] | Employee Stock Option [Member] | Employee Stock Option [Member] | Performance Shares [Member] | Performance Shares [Member] | Performance Shares [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Restricted Stock [Member] | Shareholder Rights Plan [Member] | Shareholder Rights Plan [Member] | Expected to Vest Only [Member] | Expected to Vest Only [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | ||||||
Minimum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | ||||||||||||||||||||||||||
Note 8 - Common Stock (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | ' | ' | ' | ' | 5,250,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | ' | ' | ' | ' | ' | ' | '1 year | '3 years | ' | ' | ' | ' | ' | ' | ' | ' | '3 years | ' | '6 years | ' | ' | ' | ' | '1 year | '1 year | '3 years | '4 years | '4 years | '4 years | '4 years |
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award | ' | ' | ' | ' | ' | 'ten | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'ten |
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period | 49,000 | 194,500 | 219,500 | ' | ' | ' | ' | ' | ' | ' | 542,500 | 900,500 | 150,500 | 0 | 9,000 | 72,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $4.33 | $3.94 | $2.98 | ' | ' | ' | ' | ' | $4.56 | $2.05 | $4.67 | $3.80 | $4.32 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Allocated Share-based Compensation Expense | $344,000 | $392,000 | $162,000 | ' | ' | ' | ' | ' | ' | ' | $239,000 | $147,000 | $9,000 | $103,000 | $135,000 | $188,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 2,187,000 | 2,053,000 | 1,332,000 | 1,470,000 | ' | ' | ' | ' | ' | ' | 1,375,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 91,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares | 1,586,076 | 1,508,910 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '8 years 328 days | '9 years 36 days | ' | ' | ' | ' | ' | ' | ' |
Share Price | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $5.72 | ' | ' | $4.41 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $124,000 | $261,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '1 year 73 days | '2 years 36 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Class of Warrant or Right, Exercise Price of Warrants or Rights | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 39 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Shareholder Rights Exercisable Conditions Beneficial Ownership Percentage | 15.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Redemption Discount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Shareholder Rights Percentage of Assets Cash Flow or Earning Power That Must Be Sold or Transferre to Trigger Discount | 50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Shareholder Rights Beneficial Owner Threshold Percentage for Exchange of Exercisable Rights for Common Stock | 50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Class of Warrant or Right, Redemption Price | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.00 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock, Capital Shares Reserved for Future Issuance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 90,315,210 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note_8_Common_Stock_Details_Co
Note 8 - Common Stock (Details) - Combined Stock Option Activity (USD $) | 12 Months Ended | |||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Combined Stock Option Activity [Abstract] | ' | ' | ' | ' |
Number of Options | 2,187 | 2,053 | 1,332 | 1,470 |
Weighted Average Option Price | $4.11 | $4.06 | $4.21 | $5 |
Aggregate Intrinsic Value | $1,455 | $448 | $1,724 | $0 |
Exercisable at December 31, 2013 | 601 | ' | ' | ' |
Exercisable at December 31, 2013 | $4.76 | ' | ' | ' |
Exercisable at December 31, 2013 | $649 | ' | ' | ' |
Number of Options Granted | 592 | 1,095 | 370 | ' |
Weighted Average Option Price, Granted | $4.33 | $3.94 | $2.98 | ' |
Number of Options Exercised | -15 | -176 | -107 | ' |
Weighted Average Option Price, Exercised | $1.71 | $4.71 | $4.92 | ' |
Number of Options Canceled | -443 | -198 | -401 | ' |
Weighted Average Option Price, Canceled | $4.69 | $3.79 | $5.77 | ' |
Note_8_Common_Stock_Details_Op
Note 8 - Common Stock (Details) - Options Granted Under the Plans (USD $) | 12 Months Ended | |||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Number Outstanding at 12/31/13 (in Shares) | 2,187 | ' | ' | ' |
Weighted- Average Remaining Contractual Life (years) | '7 years 343 days | ' | ' | ' |
Weighted Average Exercise Price | $4.11 | $4.06 | $4.21 | $5 |
Number Exercisable at 12/31/13 (in Shares) | 601 | ' | ' | ' |
Weighted Average Exercise Price, Exercisable | $4.76 | ' | ' | ' |
Range 1 [Member] | ' | ' | ' | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Range of Exercise Prices, Lower | $1.36 | ' | ' | ' |
Range of Exercise Prices, Upper | $4.18 | ' | ' | ' |
Number Outstanding at 12/31/13 (in Shares) | 1,015 | ' | ' | ' |
Weighted- Average Remaining Contractual Life (years) | '7 years 350 days | ' | ' | ' |
Weighted Average Exercise Price | $2.45 | ' | ' | ' |
Number Exercisable at 12/31/13 (in Shares) | 319 | ' | ' | ' |
Weighted Average Exercise Price, Exercisable | $1.84 | ' | ' | ' |
Range 2 [Member] | ' | ' | ' | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Range of Exercise Prices, Lower | $4.19 | ' | ' | ' |
Range of Exercise Prices, Upper | $8.35 | ' | ' | ' |
Number Outstanding at 12/31/13 (in Shares) | 1,027 | ' | ' | ' |
Weighted- Average Remaining Contractual Life (years) | '9 years 3 days | ' | ' | ' |
Weighted Average Exercise Price | $4.79 | ' | ' | ' |
Number Exercisable at 12/31/13 (in Shares) | 137 | ' | ' | ' |
Weighted Average Exercise Price, Exercisable | $5.10 | ' | ' | ' |
Range 3 [Member] | ' | ' | ' | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Range of Exercise Prices, Lower | $8.36 | ' | ' | ' |
Range of Exercise Prices, Upper | $11.45 | ' | ' | ' |
Number Outstanding at 12/31/13 (in Shares) | 145 | ' | ' | ' |
Weighted- Average Remaining Contractual Life (years) | '83 days | ' | ' | ' |
Weighted Average Exercise Price | $10.89 | ' | ' | ' |
Number Exercisable at 12/31/13 (in Shares) | 145 | ' | ' | ' |
Weighted Average Exercise Price, Exercisable | $10.89 | ' | ' | ' |
Note_8_Common_Stock_Details_Fa
Note 8 - Common Stock (Details) - Fair Value Assumptions of Each Grant (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Fair Value Assumptions of Each Grant [Abstract] | ' | ' | ' |
Risk free interest rate range | 1.86% | 1.53% | 1.81% |
Risk free interest rate range | 2.88% | 2.26% | 3.75% |
Weighted average life (in years) | '10 years | '10 years | '10 years |
Weighted average volatility | 66.81% | 66.10% | 64.81% |
Volatility range | 66.10% | 65.81% | 60.27% |
Volatility range | 66.93% | 66.34% | 66.44% |
Expected dividend yield | 0.00% | ' | ' |
Weighted average grant-date fair value per share of options granted (in Dollars per share) | $3.48 | $2.87 | $2.20 |
Note_8_Common_Stock_Details_Re
Note 8 - Common Stock (Details) - Restricted Stock Activity (USD $) | 12 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Restricted Stock Activity [Abstract] | ' | ' | ' |
Restricted Stock Shares | 62 | 112 | 226 |
Weighted Average Grant Date Value | $3.21 | $3.17 | $2.67 |
Restricted Stock Shares, Granted | 0 | 9 | ' |
Weighted Average Grant Date Value, Granted | $0 | $5.72 | ' |
Restricted Stock Shares, Vested | -40 | -49 | ' |
Weighted Average Grant Date Value, Vested | $3.08 | $3.35 | ' |
Restricted Stock Shares, Cancelled/Forfeited | -10 | -74 | ' |
Weighted Average Grant Date Value, Cancelled/Forfeited | $3.35 | $1.82 | ' |
Note_10_Employee_Benefit_Plan_
Note 10 - Employee Benefit Plan (Details) (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Disclosure Text Block Supplement [Abstract] | ' | ' | ' |
Defined Contribution Plan, Maximum Employer Annual Contribution Per Employee Percent | ' | 50.00% | ' |
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Amount | ' | $7,500 | ' |
Defined Contribution Plan, Cost Recognized | $43,000 | $130,000 | $208,000 |
Note_11_Other_Financial_Inform2
Note 11 - Other Financial Information (Details) | 3 Months Ended | 12 Months Ended | 36 Months Ended | 12 Months Ended | 24 Months Ended | 3 Months Ended | |||||||||||||||||||||||||||||||
Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2013 | Mar. 31, 2013 | Mar. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Mar. 31, 2013 | Mar. 31, 2013 | |
USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | Nokia Solutions and Networks [Member] | Nokia Solutions and Networks [Member] | Alcatel-Lucent [Member] | Alcatel-Lucent [Member] | Alcatel-Lucent [Member] | Alcatel-Lucent [Member] | Alcatel-Lucent [Member] | Alcatel-Lucent [Member] | Nokia Siemens Networks [Member] | Nokia Siemens Networks [Member] | Nokia Siemens Networks [Member] | Nokia Siemens Networks [Member] | E4D Technologies [Member] | Networks Engines [Member] | Genband [Member] | FRANCE | FRANCE | Other Liabilities [Member] | Other Liabilities [Member] | Customer Concentration Risk [Member] | Pending Litigation [Member] | Pending Litigation [Member] | Accounts Receivable [Member] | Non-Competition Indemnity [Member] | Non-Competition Indemnity [Member] | Non-Competition Indemnity [Member] | |
Customer Concentration Risk [Member] | USD ($) | Customer Concentration Risk [Member] | Customer Concentration Risk [Member] | Customer Concentration Risk [Member] | USD ($) | USD ($) | USD ($) | Customer Concentration Risk [Member] | Customer Concentration Risk [Member] | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | Other Loss [Member] | Other Loss [Member] | Non-Competition Indemnity [Member] | Non-Competition Indemnity [Member] | USD ($) | EUR (€) | USD ($) | USD ($) | EUR (€) | ||||||||||||||
Sales [Member] | Sales [Member] | Sales [Member] | Sales [Member] | Sales [Member] | Sales [Member] | Non-Competition Indemnity [Member] | Non-Competition Indemnity [Member] | USD ($) | EUR (€) | ||||||||||||||||||||||||||||
USD ($) | USD ($) | ||||||||||||||||||||||||||||||||||||
Note 11 - Other Financial Information (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $4,322,000 | $4,168,000 | $3,818,000 | $3,280,000 | $3,204,000 | $3,167,000 | $3,470,000 | $4,014,000 | $15,588,000 | $13,855,000 | $21,993,000 | ' | $3,500,000 | ' | ' | ' | $3,300,000 | $3,800,000 | $4,600,000 | ' | ' | $1,900,000 | $6,700,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 23.00% | ' | 21.00% | 27.00% | 21.00% | ' | ' | ' | 13.00% | 31.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | ' | ' | 10.00% | ' | ' | ' |
Receivables from Customers | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 404,000 | ' | ' | ' | 809,000 | 387,000 | ' | ' | ' | 721,000 | ' | 491,000 | 401,000 | 312,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Purchase Obligation | 230,000 | ' | ' | ' | ' | ' | ' | ' | 230,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Damages Sought, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,900,000 | 2,100,000 | ' | ' | ' | ' |
Estimated Litigation Liability | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 115,000 | 340,000 | 305,000 | 238,000 | ' | ' | ' | ' | ' | 340,000 | 265,000 |
Loss Contingency, Damages Paid, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $275,000 | ' | ' |
Note_11_Other_Financial_Inform3
Note 11 - Other Financial Information (Details) - Future Minimum Rental Payments for Operating Leases (USD $) | Dec. 31, 2013 |
In Thousands, unless otherwise specified | |
Future Minimum Rental Payments for Operating Leases [Abstract] | ' |
2014 | $322 |
2015 | 380 |
2016 | 380 |
2017 | 417 |
Thereafter | $3,448 |
Note_11_Other_Financial_Inform4
Note 11 - Other Financial Information (Details) - Rent Expense (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Rent Expense [Abstract] | ' | ' | ' |
Rent Expense | $572 | $580 | $630 |
Note_13_Segment_Data_Details_G
Note 13 - Segment Data (Details) - Geographic Revenue Related to North America and Foreign Regions (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Note 13 - Segment Data (Details) - Geographic Revenue Related to North America and Foreign Regions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $4,322 | $4,168 | $3,818 | $3,280 | $3,204 | $3,167 | $3,470 | $4,014 | $15,588 | $13,855 | $21,993 |
Reportable Geographical Components [Member] | North America [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 13 - Segment Data (Details) - Geographic Revenue Related to North America and Foreign Regions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 8,317 | 7,947 | 7,608 |
Reportable Geographical Components [Member] | Pacific Rim [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 13 - Segment Data (Details) - Geographic Revenue Related to North America and Foreign Regions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 4,861 | 3,340 | 7,679 |
Reportable Geographical Components [Member] | Europe [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 13 - Segment Data (Details) - Geographic Revenue Related to North America and Foreign Regions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | $2,410 | $2,568 | $6,706 |
Note_13_Segment_Data_Details_A
Note 13 - Segment Data (Details) - Additional Information Regarding Revenue by Product Line (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Revenue from External Customer [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $4,322 | $4,168 | $3,818 | $3,280 | $3,204 | $3,167 | $3,470 | $4,014 | $15,588 | $13,855 | $21,993 |
Operating Segments [Member] | Telecomunications [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue from External Customer [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 11,077 | 10,082 | 17,771 |
Operating Segments [Member] | Services [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue from External Customer [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 4,332 | 3,246 | 2,469 |
Operating Segments [Member] | Enterprise [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue from External Customer [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | 23 | 393 | 1,591 |
Operating Segments [Member] | Other Segments [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue from External Customer [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' | ' | ' | ' | $156 | $134 | $162 |
Note_14_Quarterly_Financial_Da2
Note 14 - Quarterly Financial Data (Unaudited) (Details) - Quarterly Results of Operations (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Quarterly Results of Operations [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $4,322 | $4,168 | $3,818 | $3,280 | $3,204 | $3,167 | $3,470 | $4,014 | $15,588 | $13,855 | $21,993 |
Gross margin | 1,659 | 1,985 | 1,395 | 1,270 | 1,259 | 1,464 | 1,577 | 1,849 | 6,309 | 6,149 | 10,531 |
(Loss) income before income tax | -461 | 89 | -887 | -1,398 | -1,181 | -532 | -1,127 | -933 | -2,657 | -3,773 | -288 |
Net (loss) income | ($474) | $76 | ($895) | ($1,410) | ($1,193) | ($541) | ($1,122) | ($929) | ($2,703) | ($3,785) | ($505) |
Basic EPS (in Dollars per share) | ($0.07) | $0.01 | ($0.13) | ($0.20) | ($0.17) | ($0.08) | ($0.16) | ($0.13) | ($0.39) | ($0.54) | ($0.07) |
Diluted EPS (in Dollars per share) | ($0.07) | $0.01 | ($0.13) | ($0.20) | ($0.17) | ($0.08) | ($0.16) | ($0.13) | ($0.39) | ($0.54) | ($0.07) |