$TPCS
TECHPRECISION CORP Stock $tpcs

$tpcs Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-K Financial Statement

#000095015914000365 Filed on July 15, 2014

Income Statement

Concept	2014 Q1	2014	2013 Q4
Revenue	$3.608M	$21.07M	$5.167M
YoY Change	-63.76%	-35.12%	-29.16%
Cost Of Revenue	$6.260M	$21.80M	$4.395M
YoY Change	-24.76%	-15.88%	-18.76%
Gross Profit	-$2.651M	-$731.8K	$773.0K
YoY Change	-262.54%	-111.16%	-58.97%
Gross Profit Margin	-73.48%	-3.47%	14.96%
Selling, General & Admin	$1.420M	$6.113M	$1.434M
YoY Change	-26.8%	-25.1%	-37.48%
% of Gross Profit			185.53%
Research & Development		$0.00
YoY Change
% of Gross Profit
Depreciation & Amortization	$230.0K	$953.4K	$240.0K
YoY Change	0.0%	12.7%	23.12%
% of Gross Profit			31.05%
Operating Expenses	$1.420M	$6.113M	$1.434M
YoY Change	-27.18%	-25.1%	-37.48%
Operating Profit	-$4.071M	-$6.845M	-$661.5K
YoY Change	1176.18%	327.15%	61.45%
Interest Expense	-$220.0K	$440.6K	$80.80K
YoY Change	144.44%	42.23%	24.47%
% of Operating Profit
Other Income/Expense, Net	$20.00K	-$436.2K	-$96.20K
YoY Change		29.35%	3.93%
Pretax Income	-$4.280M	-$7.281M	-$757.7K
YoY Change	943.9%	275.38%	50.85%
Income Tax	-$190.0K	-$185.5K	$0.00
% Of Pretax Income
Net Earnings	-$4.100M	-$7.100M	-$760.0K
YoY Change	266.07%	194.61%	38.18%
Net Earnings / Revenue	-113.64%	-33.7%	-14.71%
Basic Earnings Per Share	-$0.19	-$0.34	-$0.04
Diluted Earnings Per Share	-$0.19	-$0.34	-$0.04
COMMON SHARES
Basic Shares Outstanding		20.77M shares	20.27M shares
Diluted Shares Outstanding		20.77M shares	20.27M shares

Balance Sheet

Concept	2014 Q1	2014	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.090M	$1.090M	$3.750M
YoY Change	-64.61%	-64.61%	86.57%
Cash & Equivalents	$1.087M	$1.090M	$3.747M
Short-Term Investments
Other Short-Term Assets	$461.2K	$1.460M	$1.675M
YoY Change	-70.78%	-20.22%	-2.16%
Inventory	$5.550M	$5.550M	$3.700M
Prepaid Expenses
Receivables	$2.280M	$2.280M	$2.400M
Other Receivables	$10.00K	$10.00K	$380.0K
Total Short-Term Assets	$10.38M	$10.38M	$12.16M
YoY Change	-27.25%	-27.26%	-18.99%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.489M	$6.490M	$6.693M
YoY Change	-11.11%	-11.1%	-7.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$105.4K	$110.0K
YoY Change
Total Long-Term Assets	$6.595M	$6.590M	$6.692M
YoY Change	-9.67%	-9.73%	-9.69%
TOTAL ASSETS
Total Short-Term Assets	$10.38M	$10.38M	$12.16M
Total Long-Term Assets	$6.595M	$6.590M	$6.692M
Total Assets	$16.97M	$16.97M	$18.85M
YoY Change	-21.3%	-21.33%	-15.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.888M	$2.890M	$1.023M
YoY Change	13.85%	13.78%	-58.25%
Accrued Expenses	$3.893M	$400.0K	$638.0K
YoY Change	107.64%	-67.21%	-55.73%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change	-100.0%	-100.0%
Long-Term Debt Due	$4.170M	$4.170M	$5.200M
YoY Change	-27.85%	-27.85%	453.19%
Total Short-Term Liabilities	$12.41M	$12.41M	$11.01M
YoY Change	11.0%	11.0%	84.91%
LONG-TERM LIABILITIES
Long-Term Debt	$40.00K	$40.00K	$40.00K
YoY Change	33.33%	33.33%	-99.23%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$40.00K	$40.00K	$40.00K
YoY Change	33.33%	33.33%	-99.23%
TOTAL LIABILITIES
Total Short-Term Liabilities	$12.41M	$12.41M	$11.01M
Total Long-Term Liabilities	$40.00K	$40.00K	$40.00K
Total Liabilities	$13.40M	$13.44M	$11.30M
YoY Change	16.83%	17.18%	1.53%
SHAREHOLDERS EQUITY
Retained Earnings	-$3.165M
YoY Change	-180.53%
Common Stock	$2.395K
YoY Change	19.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.531M	$3.530M	$7.550M
YoY Change
Total Liabilities & Shareholders Equity	$16.97M	$16.97M	$18.85M
YoY Change	-21.3%	-21.33%	-15.94%

Cashflow Statement

Concept	2014 Q1	2014	2013 Q4
OPERATING ACTIVITIES
Net Income	-$4.100M	-$7.100M	-$760.0K
YoY Change	266.07%	194.61%	38.18%
Depreciation, Depletion And Amortization	$230.0K	$953.4K	$240.0K
YoY Change	0.0%	12.7%	23.12%
Cash From Operating Activities	-$1.620M	$200.0K	$2.440M
YoY Change	-243.36%	-88.76%	328.07%
INVESTING ACTIVITIES
Capital Expenditures	-$10.00K	$64.90K	$0.00
YoY Change	-96.15%	-90.21%	-100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$10.00K	-$60.00K	$0.00
YoY Change	-96.15%	-90.91%	-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-1.030M	-2.130M	-220.0K
YoY Change	-615.0%	144.83%	-43.59%
NET CHANGE
Cash From Operating Activities	-1.620M	200.0K	2.440M
Cash From Investing Activities	-10.00K	-60.00K	0.000
Cash From Financing Activities	-1.030M	-2.130M	-220.0K
Net Change In Cash	-2.660M	-1.990M	2.220M
YoY Change	-348.6%	-896.0%	-1685.71%
FREE CASH FLOW
Cash From Operating Activities	-$1.620M	$200.0K	$2.440M
Capital Expenditures	-$10.00K	$64.90K	$0.00
Free Cash Flow	-$1.610M	$135.1K	$2.440M
YoY Change	-215.83%	-87.9%	174.16%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1086701	USD
CY2014Q1	us-gaap	Liabilities Current LiabilitiesCurrent	12412873	USD
CY2014	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Use of Estimates in the Preparation of Financial Statements</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In preparing the consolidated financial statements in conformity with U.S. generally accepted accounting principles (GAAP), management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and revenues and expenses during the reported period. We continually evaluate our estimates, including those related to contract accounting, accounts receivable, inventories, recovery of long-lived assets, income taxes and the valuation of equity transactions. We base our estimates on historical and current experiences and on various other assumptions that we believe to be reasonable under the circumstances. Actual results could differ from those estimates. We believe the following critical accounting policies affect our more significant judgments and estimates used in the preparation of the financial statements.</font></p> </div>
CY2014Q1	us-gaap	Other Assets Current OtherAssetsCurrent	461245	USD
CY2013Q1	tpcs	Cash Deposits In Bank CashDepositsInBank	482630	USD
CY2014Q1	tpcs	Cash Deposits In Bank CashDepositsInBank	29191	USD
CY2013	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2014	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2013	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	0	USD
CY2014	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	0	USD
CY2013	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	USD
CY2014	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	USD
CY2014Q1	us-gaap	Number Of Interest Rate Derivatives Held NumberOfInterestRateDerivativesHeld	2	item
CY2010Q3	tpcs	Class Of Warrants Or Rights Expired ClassOfWarrantsOrRightsExpired	112500	shares
CY2011Q1	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights	100000	shares
CY2011Q1	tpcs	Warrants Exercise Price WarrantsExercisePrice	1.65
CY2011Q1	us-gaap	Warrants Not Settleable In Cash Fair Value Disclosure WarrantsNotSettleableInCashFairValueDisclosure	51428	USD
CY2013	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	0	USD
CY2014	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	0	USD
CY2013	us-gaap	Labor And Related Expense LaborAndRelatedExpense	4460708	USD
CY2013	us-gaap	Professional Fees ProfessionalFees	1793282	USD
CY2013	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	1906994	USD
CY2013	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	8160984	USD
CY2014	us-gaap	Labor And Related Expense LaborAndRelatedExpense	3634538	USD
CY2014	us-gaap	Professional Fees ProfessionalFees	1165523	USD
CY2014	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	1312848	USD
CY2014	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6112909	USD
CY2013	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	337023	USD
CY2014	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	362962	USD
CY2014	us-gaap	Depreciation Depreciation	895528	USD
CY2013Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	12244221	USD
CY2014Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	12326412	USD
CY2013Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	4943973	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7300248	USD
CY2014Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5837200	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6489212	USD
CY2013	us-gaap	Depreciation Depreciation	804564	USD
CY2013Q1	tpcs	Cost Incurred On Uncompleted Contracts CostIncurredOnUncompletedContracts	6180839	USD
CY2012Q1	tpcs	Cost Incurred On Uncompleted Contracts CostIncurredOnUncompletedContracts	10879743	USD
CY2014Q1	tpcs	Cost Incurred On Uncompleted Contracts CostIncurredOnUncompletedContracts	9960072	USD
CY2014	tpcs	Cost Incurred On Uncompleted Contracts During Period CostIncurredOnUncompletedContractsDuringPeriod	25579089	USD
CY2013	tpcs	Cost Incurred On Uncompleted Contracts During Period CostIncurredOnUncompletedContractsDuringPeriod	21215441	USD
CY2014	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	21799856	USD
CY2013	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	25914345	USD
CY2013Q1	tpcs	Billings On Uncompleted Contracts BillingsOnUncompletedContracts	1882546	USD
CY2012Q1	tpcs	Billings On Uncompleted Contracts BillingsOnUncompletedContracts	6969717	USD
CY2014Q1	tpcs	Billings On Uncompleted Contracts BillingsOnUncompletedContracts	4702070	USD
CY2014	tpcs	Billings On Contracts During Period BillingsOnContractsDuringPeriod	23887587	USD
CY2013	tpcs	Billings On Contracts During Period BillingsOnContractsDuringPeriod	27385748	USD
CY2014	us-gaap	Sales Revenue Net SalesRevenueNet	21068063	USD
CY2013	us-gaap	Sales Revenue Net SalesRevenueNet	32472919	USD
CY2013Q1	us-gaap	Supplies Supplies	267513	USD
CY2013Q1	us-gaap	Prepaid Insurance PrepaidInsurance	187086	USD
CY2013Q1	us-gaap	Deposits Assets Current DepositsAssetsCurrent	1032348	USD
CY2014Q1	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs CostsInExcessOfBillingsOnUncompletedContractsOrPrograms	5258002	USD
CY2013Q1	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs CostsInExcessOfBillingsOnUncompletedContractsOrPrograms	4298293	USD
CY2014Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	1461689	USD
CY2013Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	57930	USD
CY2013Q1	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	33607	USD
CY2013Q1	us-gaap	Other Assets Current OtherAssetsCurrent	1578484	USD
CY2014Q1	us-gaap	Supplies Supplies	196534	USD
CY2013Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	668038	USD
CY2013Q1	us-gaap	Interest Rate Derivative Liabilities At Fair Value InterestRateDerivativeLiabilitiesAtFairValue	388982	USD
CY2013Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	547732	USD
CY2013Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1874924	USD
CY2013Q1	us-gaap	Provision For Loss On Contracts ProvisionForLossOnContracts	270172	USD
CY2014Q1	us-gaap	Prepaid Insurance PrepaidInsurance	229727	USD
CY2014Q1	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	34984	USD
CY2014Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	320419	USD
CY2014Q1	us-gaap	Interest Rate Derivative Liabilities At Fair Value InterestRateDerivativeLiabilitiesAtFairValue	231783	USD
CY2014Q1	us-gaap	Provision For Loss On Contracts ProvisionForLossOnContracts	3259103	USD
CY2014Q1	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	105395	USD
CY2014Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	105395	USD
CY2014Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	81723	USD
CY2014Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3893028	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	4169771	USD
CY2013Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	5784479	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	38071	USD
CY2013Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	31108	USD
CY2014Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	4207842	USD
CY2013Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	5815587	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths	4169771	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo	11426	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree	12130	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour	10596	USD
CY2014Q1	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive	3919	USD
CY2014	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	3055490	shares
CY2011Q1	us-gaap	Adjustment Of Warrants Granted For Services AdjustmentOfWarrantsGrantedForServices	51428	USD
CY2013Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	0	shares
CY2014	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-7280864	USD
CY2013	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-1939606	USD
CY2014	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-185473	USD
CY2013	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	472331	USD
CY2014	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-7095391	USD
CY2013	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2411937	USD
CY2013Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	90000000	shares
CY2014	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-232624	USD
CY2013	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	695762	USD
CY2014	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.01	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.32	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.53	pure
CY2013Q1	us-gaap	Deferred Tax Assets Derivative Instruments DeferredTaxAssetsDerivativeInstruments	152792	USD
CY2014Q1	tpcs	Deferred Tax Assets Other Liabilities Not Currently Deductible Current DeferredTaxAssetsOtherLiabilitiesNotCurrentlyDeductibleCurrent	310089	USD
CY2013Q1	tpcs	Deferred Tax Assets Other Liabilities Not Currently Deductible Current DeferredTaxAssetsOtherLiabilitiesNotCurrentlyDeductibleCurrent	341726	USD
CY2014Q1	us-gaap	Deferred Tax Assets Valuation Allowance Current DeferredTaxAssetsValuationAllowanceCurrent	759518	USD
CY2013Q1	us-gaap	Deferred Tax Assets Valuation Allowance Current DeferredTaxAssetsValuationAllowanceCurrent	562548	USD
CY2013	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-332580	USD
CY2013	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.24	pure
CY2013	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	12987	USD
CY2013	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	96162	USD
CY2013	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-223431	USD
CY2014	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.03	pure
CY2013	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	606757	USD
CY2013	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-47458	USD
CY2013	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	136463	USD
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	-0.01	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	-0.06	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.02	pure
CY2014Q1	tpcs	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost Current DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCostCurrent	32965	USD
CY2013Q1	tpcs	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost Current DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCostCurrent	177703	USD
CY2014Q1	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	9866	USD
CY2013Q1	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	9824	USD
CY2014Q1	tpcs	Deferred Tax Assets Loss On Uncompleted Contracts Current DeferredTaxAssetsLossOnUncompletedContractsCurrent	1272070	USD
CY2013Q1	tpcs	Deferred Tax Assets Loss On Uncompleted Contracts Current DeferredTaxAssetsLossOnUncompletedContractsCurrent	106123	USD
CY2014Q1	tpcs	Deferred Tax Assets Operating Loss Carryforwards Current DeferredTaxAssetsOperatingLossCarryforwardsCurrent	30145	USD
CY2013Q1	tpcs	Deferred Tax Assets Operating Loss Carryforwards Current DeferredTaxAssetsOperatingLossCarryforwardsCurrent	30145	USD
CY2014Q1	us-gaap	Deferred Tax Assets Derivative Instruments DeferredTaxAssetsDerivativeInstruments	95479	USD
CY2014Q1	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	991096	USD
CY2013Q1	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	255765	USD
CY2014Q1	tpcs	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost Noncurrent DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCostNoncurrent	369880	USD
CY2013Q1	tpcs	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost Noncurrent DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCostNoncurrent	323734	USD
CY2014Q1	tpcs	Deferred Tax Assets Operating Loss Carryforwards Noncurrent DeferredTaxAssetsOperatingLossCarryforwardsNoncurrent	3315221	USD
CY2013Q1	tpcs	Deferred Tax Assets Operating Loss Carryforwards Noncurrent DeferredTaxAssetsOperatingLossCarryforwardsNoncurrent	1662848	USD
CY2014Q1	us-gaap	Deferred Tax Assets Valuation Allowance Noncurrent DeferredTaxAssetsValuationAllowanceNoncurrent	3647070	USD
CY2013Q1	us-gaap	Deferred Tax Assets Valuation Allowance Noncurrent DeferredTaxAssetsValuationAllowanceNoncurrent	1062741	USD
CY2014Q1	tpcs	Deferred Tax Assets Net Noncurrent Before Accelerated Depreciation DeferredTaxAssetsNetNoncurrentBeforeAcceleratedDepreciation	38031	USD
CY2013Q1	tpcs	Deferred Tax Assets Net Noncurrent Before Accelerated Depreciation DeferredTaxAssetsNetNoncurrentBeforeAcceleratedDepreciation	923841	USD
CY2014Q1	tpcs	Deferred Tax Assets Accelerated Depreciation DeferredTaxAssetsAcceleratedDepreciation	1029127	USD
CY2013Q1	tpcs	Deferred Tax Assets Accelerated Depreciation DeferredTaxAssetsAcceleratedDepreciation	1179606	USD
CY2014Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	991096	USD
CY2013Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	255765	USD
CY2013Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	17206	USD
CY2014Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	17908	USD
CY2014	tpcs	Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions	702	USD
CY2014	us-gaap	Unrecognized Tax Benefits Interest On Income Taxes Expense UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense	702	USD
CY2014	tpcs	Related Party Transaction Percentage Of Dilutive Equity Interest Held By Common Shareholder RelatedPartyTransactionPercentageOfDilutiveEquityInterestHeldByCommonShareholder	0.36	pure
CY2014Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2011Q1	tpcs	Class Of Warrants Or Rights Term ClassOfWarrantsOrRightsTerm	P2Y
CY2011Q1	tpcs	Warrant Issued During Period Shares For Service Provided WarrantIssuedDuringPeriodSharesForServiceProvided	100000	shares
CY2011Q1	us-gaap	Fair Value Assumptions Risk Free Interest Rate FairValueAssumptionsRiskFreeInterestRate	0.0030	pure
CY2011Q1	us-gaap	Fair Value Assumptions Expected Volatility Rate FairValueAssumptionsExpectedVolatilityRate	0.79	pure
CY2011Q1	us-gaap	Fair Value Assumptions Expected Term FairValueAssumptionsExpectedTerm	P1Y
CY2011Q1	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights	0.51
CY2014Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	90000000	shares
CY2014Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	23951004	shares
CY2013Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	19956871	shares
CY2013	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	1964694	shares
CY2006Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	1000000	shares
CY2010Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	3000000	shares
CY2011Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	3300000	shares
CY2014	tpcs	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Yield Term Of Us Treasury Issues On Which Risk Free Interest Rate Is Based ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsYieldTermOfUSTreasuryIssuesOnWhichRiskFreeInterestRateIsBased	P5Y
CY2014	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum	1.007	pure
CY2014	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum	1.162	pure
CY2014	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum	0.00061	pure
CY2014	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum	0.01750	pure
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1547006	shares
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	2415666	shares
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	2484000	shares
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1355500	shares
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.040
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.027
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.014
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	107375	USD
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	776475	USD
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	329025	USD
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	329025	USD
CY2014Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	189525	USD
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	1.014
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	1.055
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	1355500	shares
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	734167	shares
CY2012	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P7Y8M16D
CY2013	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P9Y25D
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P7Y3M25D
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P7Y3M25D
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P5Y11M23D
CY2013	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	120000	shares
CY2014	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	580000	shares
CY2013	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	51666	shares
CY2014	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	1708500	shares
CY2013	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.820
CY2014	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.670
CY2013	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	1.150
CY2014	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0.952
CY2014	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P3Y
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	244655	USD
CY2014Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	340731	USD
CY2012Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares	1489000	shares
CY2013Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares	854334	shares
CY2014Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares	621333	shares
CY2012Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue	1.205
CY2013Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue	1.249
CY2014Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue	0.967
CY2013	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares	51666	shares
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares	607667	shares
CY2013	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares	703000	shares
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares	205334	shares
CY2013	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue	1.150
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue	1.191
CY2013	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue	1.090
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue	1.783
CY2014	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	item
CY2014	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	104047	USD
CY2013	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	138765	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	150314	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Rolling Year Two OperatingLeasesFutureMinimumPaymentsDueInRollingYearTwo	64954	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Rolling Year Three OperatingLeasesFutureMinimumPaymentsDueInRollingYearThree	63624	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Rolling Year Four OperatingLeasesFutureMinimumPaymentsDueInRollingYearFour	21736	USD
CY2014Q1	us-gaap	Purchase Obligation PurchaseObligation	700000	USD
CY2014Q1	tpcs	Employee Agreement Annual Commitment For Future Salaries During Next Fiscal Year EmployeeAgreementAnnualCommitmentForFutureSalariesDuringNextFiscalYear	900000	USD
CY2014	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20766914	shares
CY2013	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19004897	shares
CY2014	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.34
CY2013	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.13
CY2014	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20766914	shares
CY2013	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19004897	shares
CY2013	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.13
CY2014	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4801246	shares
CY2013	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5594949	shares
CY2013Q2	us-gaap	Sales Revenue Net SalesRevenueNet	7097000	USD
CY2013Q3	us-gaap	Sales Revenue Net SalesRevenueNet	5196000	USD
CY2013Q4	us-gaap	Sales Revenue Net SalesRevenueNet	5167000	USD
CY2014Q1	us-gaap	Sales Revenue Net SalesRevenueNet	3608000	USD
CY2013Q2	us-gaap	Gross Profit GrossProfit	420000	USD
CY2013Q3	us-gaap	Gross Profit GrossProfit	727000	USD
CY2013Q4	us-gaap	Gross Profit GrossProfit	773000	USD
CY2014Q1	us-gaap	Gross Profit GrossProfit	-2651000	USD
CY2013Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1424000	USD
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-819000	USD
CY2013Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-757000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-4095000	USD
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.19
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2013Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.19
CY2012Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2012Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2012Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
CY2012Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2012Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.06
CY2012Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.06
CY2012Q2	us-gaap	Sales Revenue Net SalesRevenueNet	7145000	USD
CY2012Q3	us-gaap	Sales Revenue Net SalesRevenueNet	8079000	USD
CY2012Q4	us-gaap	Sales Revenue Net SalesRevenueNet	7294000	USD
CY2013Q1	us-gaap	Sales Revenue Net SalesRevenueNet	9955000	USD
CY2012Q2	us-gaap	Gross Profit GrossProfit	1105000	USD
CY2012Q3	us-gaap	Gross Profit GrossProfit	1938000	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	1631000	USD
CY2012Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-706000	USD
CY2012Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-45000	USD
CY2012Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-545000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1115000	USD
CY2014Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2280469	USD
CY2014Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	293326	USD
CY2014Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	8062	USD
CY2014Q1	us-gaap	Assets Current AssetsCurrent	10378901	USD
CY2014Q1	us-gaap	Assets Assets	16973508	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3075376	USD
CY2013Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4330637	USD
CY2013Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	354516	USD
CY2013Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	374030	USD
CY2013Q1	us-gaap	Assets Current AssetsCurrent	14267101	USD
CY2013Q1	us-gaap	Assets Assets	21567349	USD
CY2014Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	2888385	USD
CY2014	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	-365968	USD
CY2014	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	105395	USD
CY2013Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	2537060	USD
CY2013Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	232624	USD
CY2013Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	500000	USD
CY2013Q1	us-gaap	Liabilities Current LiabilitiesCurrent	11182900	USD
CY2014Q1	us-gaap	Preferred Stock Value PreferredStockValue	644110	USD
CY2013Q1	us-gaap	Preferred Stock Value PreferredStockValue	1310206	USD
CY2014Q1	us-gaap	Common Stock Value CommonStockValue	2395	USD
CY2014Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6105211	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-55097	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-3165151	USD
CY2013Q1	us-gaap	Common Stock Value CommonStockValue	1996	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	3531468	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	16973508	USD
CY2013Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5076552	USD
CY2013Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-221418	USD
CY2013Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3930240	USD
CY2013Q1	us-gaap	Stockholders Equity StockholdersEquity	10097576	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	21567349	USD
CY2014Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	25010	USD
CY2013Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	25010	USD
CY2013Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2014Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	.0001
CY2013Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	.0001
CY2014Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	.0001
CY2013Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	.0001
CY2014Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	23951004	shares
CY2013Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	19956871	shares
CY2014	us-gaap	Gross Profit GrossProfit	-731793	USD
CY2014	us-gaap	Operating Income Loss OperatingIncomeLoss	-6844702	USD
CY2014	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	874	USD
CY2014	us-gaap	Interest Expense InterestExpense	440634	USD
CY2014	us-gaap	Investment Income Interest InvestmentIncomeInterest	3598	USD
CY2014	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-436162	USD
CY2013	us-gaap	Gross Profit GrossProfit	6558574	USD
CY2013	us-gaap	Operating Income Loss OperatingIncomeLoss	-1602410	USD
CY2013	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-29586	USD
CY2013	us-gaap	Interest Expense InterestExpense	309799	USD
CY2013	us-gaap	Investment Income Interest InvestmentIncomeInterest	2189	USD
CY2013	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-337196	USD
CY2014	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	157197	USD
CY2014	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent	9124	USD
CY2014	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	166321	USD
CY2013	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-13470	USD
CY2013	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent	10964	USD
CY2013	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-2506	USD
CY2013	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-4672	USD
CY2014	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6929070	USD
CY2013	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2409771	USD
CY2014	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	953428	USD
CY2014	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-882	USD
CY2014	us-gaap	Share Based Compensation ShareBasedCompensation	362962	USD
CY2014	tpcs	Provision For Contract Losses ProvisionForContractLosses	2988931	USD
CY2014	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2056509	USD
CY2014	tpcs	Increase Decrease In Costs Incurred On Uncompleted Contracts IncreaseDecreaseInCostsIncurredOnUncompletedContracts	959709	USD
CY2014	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-62220	USD
CY2014	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-1059350	USD
CY2014	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	357115	USD
CY2014	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-818858	USD
CY2014	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	1207223	USD
CY2014	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	202611	USD
CY2013	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-572786	USD
CY2013	tpcs	Increase Decrease In Costs Incurred On Uncompleted Contracts IncreaseDecreaseInCostsIncurredOnUncompletedContracts	388267	USD
CY2013	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-19985	USD
CY2013	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	75540	USD
CY2013	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	-1824262	USD
CY2013	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-212700	USD
CY2013	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1171600	USD
CY2013	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-822450	USD
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-866017	USD
CY2014	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	544	USD
CY2013	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	1947	USD
CY2014	us-gaap	Interest Paid InterestPaid	385767	USD
CY2013	us-gaap	Interest Paid InterestPaid	268351	USD
CY2014	us-gaap	Conversion Of Stock Shares Converted1 ConversionOfStockSharesConverted1	3994133	shares
CY2013	us-gaap	Conversion Of Stock Shares Converted1 ConversionOfStockSharesConverted1	1502984	shares
CY2013	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	72638	USD
CY2013	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-545600	USD
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	1779146	USD
CY2013	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	846012	USD
CY2013	us-gaap	Share Based Compensation ShareBasedCompensation	337023	USD
CY2013	tpcs	Provision For Contract Losses ProvisionForContractLosses	270172	USD
CY2014	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	64895	USD
CY2014	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-64895	USD
CY2013	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	663185	USD
CY2013	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-663185	USD
CY2014	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	2126935	USD
CY2014	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-2126935	USD
CY2013	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	500000	USD
CY2013	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	1366017	USD
CY2014	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	231784	USD
CY2013	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	388982	USD
CY2014	tpcs	Tax On Liabilities Assumed TaxOnLiabilitiesAssumed	0	USD
CY2013	tpcs	Tax On Liabilities Assumed TaxOnLiabilitiesAssumed	0	USD
CY2013	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	46378	USD
CY2012Q1	us-gaap	Stockholders Equity StockholdersEquity	12170324	USD
CY2014	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-size:10.0pt;font-family:Times New Roman;FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">NOTE 1 - DESCRIPTION OF BUSINESS</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">TechPrecision Corporation, or TechPrecision, is a Delaware corporation organized in February 2005 under the name Lounsberry Holdings II, Inc. The name was changed to TechPrecision Corporation on March 6, 2006. TechPrecision is the parent company of Ranor, Inc., or Ranor, a Delaware corporation and Wuxi Critical Mechanical Components Co., Ltd., or WCMC, a wholly foreign owned enterprise (WFOE), to meet growing demand for local manufacturing of components in China. TechPrecision, WCMC and Ranor are collectively referred to as the “Company”, “we”, “us” or “our”.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">We manufacture large scale metal fabricated and machined precision components and equipment. These products are used in a variety of markets including the alternative energy, medical, nuclear, defense, commercial, and aerospace industries.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The formation of WCMC was made in consultation with one of our largest customers in the Solar Energy industry, and was based on the forecasted demand for solar and nuclear energy components in Asia, and especially in China. During the third quarter of fiscal 2011, WCMC commenced organizational and start-up activities and production began during the fourth quarter of fiscal 2011, with initial production units shipped to our largest solar customer on March 31, 2011. Through our subcontractors, we have the capability and capacity to manufacture production furnaces for the Solar Energy industry and HEM Sapphire industry in both the U.S. and Asia.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><b><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Liquidity and Capital Resources</font></i></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">At March 31, 2013, we were not in compliance with the fixed charges and interest coverage financial covenants under our Loan and Security Agreement between Ranor and Santander Bank, or the Bank, dated February 24, 2006, or, as amended, the Loan Agreement, and the Bank did not agree to waive the non-compliance with the covenants. In addition, the Bank did not renew the revolving credit facility which expired on July 31, 2013. Since we were in default, the Bank had the right to accelerate payment of the debt in full upon 60 days written notice. As a consequence, we classified all amounts under the Loan Agreement ($5.8 million) as a current liability at March 31, 2013. The Loan Agreement was amended by the F</font><font style="FONT-SIZE: 10pt;" size="2">orbearance and Modification Agreement, dated January 16, 2014, or the Forbearance Agreement</font><font style="FONT-SIZE: 10pt;" size="2">. The Forbearance Agreement expired on March 31, 2014. The Bank did not agree to waive the non-compliance with the covenants at March 31, 2014. Since we were in default, the Bank had the right to accelerate payment of the debt in full upon the termination date of the Forbearance Agreement. As a consequence, we classified all amounts under the Loan Agreement,</font> <font style="FONT-SIZE: 10pt;" size="2">$4.2 million at March 31, 2014, as a current liability. We entered into a</font> <font style="FONT-SIZE: 10pt;" size="2">Forbearance and Modification Agreement, dated May 30, 2013, or the Second Forbearance Agreement, pursuant to which the Bank has agreed to forbear from exercising certain of its rights and remedies arising as a result of the Company’s non-compliance with certain financial covenants under the Loan Agreement commencing retroactively on April 1, 2014 and extending until no later than June 30, 2014.</font> <font style="FONT-SIZE: 10pt;" size="2">On July 1, 2014, the Company and the Bank entered into a Forbearance and Modification Agreement, dated July 1, 2014, or the Third Forbearance Agreement. Under the Third Forbearance  Agreement, the Bank has agreed to forbear from exercising certain of its rights and remedies arising as a result of the Company’s non-compliance with certain financial covenants under the Loan Agreement commencing on July 1, 2014 and extending until no later than July 31, 2014. We continue to make principal and interest payments pursuant to the terms of the Forbearance Agreement. If the Bank were to demand full repayment, we would</font> <font style="FONT-SIZE: 10pt;" size="2">be unable to pay the obligation</font> <font style="FONT-SIZE: 10pt;" size="2">as we do</font> <font style="FONT-SIZE: 10pt;" size="2">not have existing facilities or sufficient cash on hand to satisfy these obligations and would need to seek alternative financing.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">On May 30, 2014, we and Ranor entered into a Loan and Security Agreement, or the LSA, with Utica Leasco, LLC, or Utica. Pursuant to the LSA, Utica agreed to loan $4.15 million to Ranor under a Credit Loan Note, which is collateralized by a first secured interest in certain machinery and equipment at Ranor.  Payments under the LSA and Credit Loan Note are due in monthly installments with an interest rate on the unpaid principal balance of the Credit Loan Note equal to 7.5% plus the greater of 3.3% and the six-month LIBOR interest rate, as described in the Credit Loan Note. Ranor’s obligations under the LSA and Credit Loan Note are guaranteed by the Company.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">We have incurred an operating loss of $7.1 million for the period ended March 31, 2014. At March 31, 2014, we had cash and cash equivalents of $1.1 million. Fiscal 2014 margins were impacted by approximately $4.9 million of new contract losses. We have recorded a provision for potential losses and, in one case, filed a demand for arbitration under a customer’s purchase agreement to recover all of our costs under the contract terms. We cannot be certain that we will be successful in recovering the full amount of our loss.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">These factors raise substantial doubt about our ability to continue as a going concern. In order for us to continue operations beyond the next twelve months and be able to discharge our liabilities and commitments in the normal course of business, we must secure long-term financing on terms consistent with our near-term business plans. In addition, we must increase our backlog and change the composition of our revenues to focus on recurring unit of delivery projects rather than custom first article and prototyping projects which do not efficiently use our manufacturing capacity, and reduce our operating expenses to be in line with current business conditions in order to increase profit margins and decrease the amount of cash used in operations. If successful in changing the composition of revenue and reducing costs, we expect that fiscal 2015 operating results will reflect positive cash flows. We plan to closely monitor our expenses and, if required, will further reduce operating costs and capital spending to enhance liquidity.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The consolidated financial statements for the years ended March 31, 2014 and 2013 were prepared on the basis of a going concern which contemplates that we will be able to realize assets and discharge liabilities in the normal course of business. Accordingly, they do not give effect to adjustments that would be necessary should we be required to liquidate assets. Our ability to satisfy our total liabilities of $13.4 million at March 31, 2014 and to continue as a going concern is dependent upon the timely availability of long-term financing and successful execution of an operating plan. The financial statements do not include any adjustments that might result from the outcome of these uncertainties.</font></p></div>
CY2014	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	362962	USD
CY2013	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	337023	USD
CY2013	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2166	USD
CY2014	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	166321	USD
CY2014	dei	Entity Registrant Name EntityRegistrantName	TECHPRECISION CORP
CY2014	dei	Entity Central Index Key EntityCentralIndexKey	0001328792
CY2014	dei	Document Type DocumentType	10-K
CY2014	dei	Document Period End Date DocumentPeriodEndDate	2014-03-31
CY2014	dei	Amendment Flag AmendmentFlag	false
CY2014	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2014	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2014	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2014	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2014	tpcs	Other Comprehensive Income Loss Tax Portion Attributable To Parent Equity OtherComprehensiveIncomeLossTaxPortionAttributableToParentEquity	0	USD
CY2013	tpcs	Other Comprehensive Income Loss Tax Portion Attributable To Parent Equity OtherComprehensiveIncomeLossTaxPortionAttributableToParentEquity	-4672	USD
CY2013Q3	dei	Entity Public Float EntityPublicFloat	10100000	USD
CY2014Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	24669958	shares
CY2014	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	28450	USD
CY2014Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2823485	USD
CY2014	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.34
CY2014	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-1988675	USD
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	251891	USD
CY2013Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q1	us-gaap	Debt Default Longterm Debt Amount DebtDefaultLongtermDebtAmount	5800000	USD
CY2014	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	702	USD
CY2014	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	-214625	USD
CY2014	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-185473	USD
CY2014Q1	tpcs	Provision For Loss On Customer Purchase Agreement ProvisionForLossOnCustomerPurchaseAgreement	2700000	USD
CY2014	tpcs	Contract Losses ContractLosses	4900000	USD
CY2014Q1	us-gaap	Liabilities Liabilities	13400000	USD

Files In Submission

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0000950159-14-000365.txt	Edgar Link	pending
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report.css	Edgar Link	pending
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tpcs-20140331.xml	Edgar Link	completed
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tpcs-20140331_def.xml	Edgar Link	unprocessable
tpcs-20140331_lab.xml	Edgar Link	unprocessable
tpcs-20140331_pre.xml	Edgar Link	unprocessable

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$TPCS
TECHPRECISION CORP Stock $tpcs

2014 Q1 Form 10-K Financial Statement

#000095015914000365 Filed on July 15, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$TPCS TECHPRECISION CORP Stock $tpcs

2014 Q1 Form 10-K Financial Statement

#000095015914000365 Filed on July 15, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TPCS
TECHPRECISION CORP Stock $tpcs