2016 Q4 Form 10-Q Financial Statement

#000114420416134030 Filed on November 14, 2016

View on sec.gov

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	12039	USD
CY2015Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5108	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	30793	USD
CY2015Q4	tbtc	Accounts Receivable Under Normal30 Days AccountsReceivableUnderNormal30Days	664938	USD
CY2016Q3	tbtc	Accounts Receivable Under Normal30 Days AccountsReceivableUnderNormal30Days	638968	USD
CY2015Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	2015389	USD
CY2016Q3	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	2274413	USD
CY2015Q4	us-gaap	Accounts Receivable Gross Noncurrent AccountsReceivableGrossNoncurrent	1569285	USD
CY2016Q3	us-gaap	Accounts Receivable Gross Noncurrent AccountsReceivableGrossNoncurrent	2418061	USD
CY2015Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	4249612	USD
CY2016Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	5331442	USD
CY2015Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	4064215	USD
CY2016Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	5146045	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	185397	USD
CY2016Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	185397	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	0	USD
CY2015	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	84318	USD
CY2015	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	0	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	185397	USD
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	36300	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	36000	USD
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4518103	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4615812	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.06
CY2016Q3	us-gaap	Other Commitment OtherCommitment	93750	USD
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2016-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Registrant Name EntityRegistrantName	TABLE TRAC INC
	dei	Entity Central Index Key EntityCentralIndexKey	0001090396
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Trading Symbol TradingSymbol	TBTC
CY2016Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	4504465	shares
CY2016Q3	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	2768244	USD
CY2015Q4	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	2764971	USD
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2016Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4656734	shares
CY2016Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4656734	shares
CY2016Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4504465	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4533265	shares
CY2016Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	152269	shares
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	123469	shares
	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Use of Estimates</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. The Company uses estimates and assumptions in accounting for the following significant matters, among others: revenue recognition, realizability of accounts receivable, the valuation of deferred tax assets and liabilities, deferred revenue and costs, and other contingencies. Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	tbtc	Vehicle Financed With Note Payable VehicleFinancedWithNotePayable	0	USD
	tbtc	Vehicle Financed With Note Payable VehicleFinancedWithNotePayable	34580	USD
CY2015Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	34259	USD
CY2016Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8654	USD
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.95
	us-gaap	Accelerated Share Repurchases Final Price Paid Per Share AcceleratedShareRepurchasesFinalPricePaidPerShare	1.00
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	6000	USD

Files In Submission

Name	View Source	Status
0001144204-16-134030-index-headers.html	Edgar Link	pending
0001144204-16-134030-index.html	Edgar Link	pending
0001144204-16-134030.txt	Edgar Link	pending
0001144204-16-134030-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tbtc-20160930.xml	Edgar Link	completed
tbtc-20160930.xsd	Edgar Link	pending
tbtc-20160930_cal.xml	Edgar Link	unprocessable
tbtc-20160930_def.xml	Edgar Link	unprocessable
tbtc-20160930_lab.xml	Edgar Link	unprocessable
tbtc-20160930_pre.xml	Edgar Link	unprocessable
v451519_10q.htm	Edgar Link	pending
v451519_ex31.htm	Edgar Link	pending
v451519_ex32.htm	Edgar Link	pending