2018 Q4 Form 10-Q Financial Statement
#000114420418060767 Filed on November 19, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
Revenue | $3.555M | $3.583M | $3.583M |
YoY Change | 0.0% | 0.0% | 9.29% |
Cost Of Revenue | $3.430M | $3.070M | $2.420M |
YoY Change | 37.77% | 26.86% | -18.52% |
Gross Profit | $1.068M | $1.159M | $1.159M |
YoY Change | 0.0% | 0.0% | 69.25% |
Gross Profit Margin | 30.03% | 32.34% | 32.34% |
Selling, General & Admin | $1.121M | $1.099M | $1.146M |
YoY Change | -1.36% | -4.12% | -0.79% |
% of Gross Profit | 104.97% | 94.8% | 98.88% |
Research & Development | $86.46K | $120.9K | $168.7K |
YoY Change | -49.0% | -28.32% | -7.49% |
% of Gross Profit | 8.1% | 10.43% | 14.56% |
Depreciation & Amortization | $7.300K | $0.00 | $10.00K |
YoY Change | -100.0% | 0.0% | |
% of Gross Profit | 0.68% | 0.0% | 0.86% |
Operating Expenses | $1.207M | $1.219M | $1.315M |
YoY Change | -7.55% | -7.23% | -1.7% |
Operating Profit | -$145.7K | $237.0K | -$155.7K |
YoY Change | -38.8% | -252.21% | -76.14% |
Interest Expense | $115.9K | $93.93K | $22.20K |
YoY Change | 15.83% | 323.13% | -26.0% |
% of Operating Profit | 39.63% | ||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$517.0K | -$120.0K | -$170.0K |
YoY Change | -48.81% | -29.41% | 183.33% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$1.015M | -$167.9K | -$167.9K |
YoY Change | 0.0% | 0.0% | -59.17% |
Net Earnings / Revenue | -28.54% | -4.69% | -4.69% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$223.5K | -$51.95K | -$73.59K |
COMMON SHARES | |||
Basic Shares Outstanding | 2.313M shares | 2.313M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $144.4K | $10.00K | $260.0K |
YoY Change | 188.7% | -96.15% | 85.71% |
Cash & Equivalents | $144.3K | $13.07K | $257.6K |
Short-Term Investments | |||
Other Short-Term Assets | $203.5K | $260.0K | $290.0K |
YoY Change | 13.04% | -10.34% | 38.1% |
Inventory | $7.244M | $6.673M | $5.850M |
Prepaid Expenses | $203.5K | $263.3K | |
Receivables | $1.015M | $533.6K | $380.0K |
Other Receivables | $2.037M | $2.240M | $1.900M |
Total Short-Term Assets | $10.65M | $9.830M | $8.690M |
YoY Change | 28.84% | 13.11% | 20.03% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $21.64K | $23.28K | $50.00K |
YoY Change | -45.9% | -53.43% | -14.03% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $8.611M | $9.026M | $10.64M |
YoY Change | -14.57% | -15.17% | -6.09% |
Other Assets | $4.000K | $4.000K | $0.00 |
YoY Change | |||
Total Long-Term Assets | $8.691M | $9.109M | $10.75M |
YoY Change | -14.71% | -15.26% | -6.21% |
TOTAL ASSETS | |||
Total Short-Term Assets | $10.65M | $9.830M | $8.690M |
Total Long-Term Assets | $8.691M | $9.109M | $10.75M |
Total Assets | $19.35M | $18.94M | $19.44M |
YoY Change | 4.8% | -2.58% | 3.95% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $803.9K | $377.9K | $4.490M |
YoY Change | -80.3% | -91.58% | 96.07% |
Accrued Expenses | $153.3K | $140.0K | $130.0K |
YoY Change | 39.38% | 7.69% | 18.18% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.528M | $1.550M | $1.050M |
YoY Change | 10.7% | 47.62% | 59.09% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $8.318M | $7.234M | $5.660M |
YoY Change | 49.07% | 27.81% | 84.36% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | ||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.318M | $7.234M | $5.660M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $8.318M | $7.230M | $5.660M |
YoY Change | 49.07% | 27.74% | 84.36% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$2.376M | -$1.859M | |
YoY Change | |||
Common Stock | $12.91M | $12.91M | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $11.03M | $11.70M | $13.77M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $19.35M | $18.94M | $19.44M |
YoY Change | 4.8% | -2.58% | 3.96% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.015M | -$167.9K | -$167.9K |
YoY Change | 0.0% | 0.0% | -59.17% |
Depreciation, Depletion And Amortization | $7.300K | $0.00 | $10.00K |
YoY Change | -100.0% | 0.0% | |
Cash From Operating Activities | $149.6K | -$410.0K | $690.0K |
YoY Change | -127.71% | -159.42% | -180.23% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | -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 | -23.44K | 350.0K | -680.0K |
YoY Change | -106.89% | -151.47% | -203.03% |
NET CHANGE | |||
Cash From Operating Activities | 149.6K | -410.0K | 690.0K |
Cash From Investing Activities | 0.000 | 0.000 | 0.000 |
Cash From Financing Activities | -23.44K | 350.0K | -680.0K |
Net Change In Cash | 126.2K | -60.00K | 10.00K |
YoY Change | -163.09% | -700.0% | -125.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | $149.6K | -$410.0K | $690.0K |
Capital Expenditures | $0.00 | $0.00 | $0.00 |
Free Cash Flow | $149.6K | -$410.0K | $690.0K |
YoY Change | -127.71% | -159.42% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13067 | USD |
CY2018Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
128161 | USD |
CY2018Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
533616 | USD |
CY2018Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
418550 | USD |
CY2018Q3 | us-gaap |
Other Receivables
OtherReceivables
|
62257 | USD |
CY2018Q1 | us-gaap |
Other Receivables
OtherReceivables
|
55568 | USD |
CY2018Q3 | us-gaap |
Due From Joint Ventures Current
DueFromJointVenturesCurrent
|
107900 | USD |
CY2018Q1 | us-gaap |
Due From Joint Ventures Current
DueFromJointVenturesCurrent
|
0 | USD |
CY2018Q3 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
703773 | USD |
CY2018Q1 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
474118 | USD |
CY2018Q3 | uuu |
Due From Factor
DueFromFactor
|
2176369 | USD |
CY2018Q1 | uuu |
Due From Factor
DueFromFactor
|
2410680 | USD |
CY2018Q3 | us-gaap |
Inventory Net
InventoryNet
|
6673098 | USD |
CY2018Q1 | us-gaap |
Inventory Net
InventoryNet
|
5491892 | USD |
CY2018Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
263265 | USD |
CY2018Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
278100 | USD |
CY2018Q3 | uuu |
Cost Of Goods Sold Acquired From Joint Venture
CostOfGoodsSoldAcquiredFromJointVenture
|
2796928 | USD |
CY2017Q3 | uuu |
Cost Of Goods Sold Acquired From Joint Venture
CostOfGoodsSoldAcquiredFromJointVenture
|
2360196 | USD |
CY2018Q3 | uuu |
Cost Of Goods Sold Other
CostOfGoodsSoldOther
|
272832 | USD |
CY2018Q3 | us-gaap |
Assets Current
AssetsCurrent
|
9829572 | USD |
CY2018Q1 | us-gaap |
Assets Current
AssetsCurrent
|
8782951 | USD |
CY2018Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
9025865 | USD |
CY2018Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
10023275 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
23283 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
35585 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
55896 | USD |
CY2018Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
58132 | USD |
CY2018Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
4000 | USD |
CY2018Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
4000 | USD |
CY2018Q3 | us-gaap |
Assets
Assets
|
18938616 | USD |
CY2018Q1 | us-gaap |
Assets
Assets
|
18903943 | USD |
CY2018Q3 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
1546847 | USD |
CY2018Q1 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
1611154 | USD |
CY2018Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
377910 | USD |
CY2018Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
494253 | USD |
CY2018Q3 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
5167049 | USD |
CY2018Q1 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
3838627 | USD |
CY2018Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
84574 | USD |
CY2018Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
51066 | USD |
CY2018Q3 | uuu |
Commissions And Other
CommissionsAndOther
|
57671 | USD |
CY2018Q1 | uuu |
Commissions And Other
CommissionsAndOther
|
155507 | USD |
CY2018Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7234051 | USD |
CY2018Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6150607 | USD |
CY2018Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
23129 | USD |
CY2018Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
23129 | USD |
CY2018Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
12885841 | USD |
CY2018Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
12885841 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1859037 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1298880 | USD |
CY2018Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
654632 | USD |
CY2018Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1143246 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11704565 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12753336 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
18938616 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
18903943 | USD |
uuu |
Increase Decrease In Working Capital
IncreaseDecreaseInWorkingCapital
|
36823 | USD | |
CY2018Q1 | uuu |
Working Capital
WorkingCapital
|
2632344 | USD |
CY2018Q3 | uuu |
Working Capital
WorkingCapital
|
2595521 | USD |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2262310 | USD |
CY2017Q3 | uuu |
Cost Of Goods Sold Other
CostOfGoodsSoldOther
|
63832 | USD |
CY2018Q3 | us-gaap |
Gross Profit
GrossProfit
|
1456492 | USD |
CY2017Q3 | us-gaap |
Gross Profit
GrossProfit
|
1158788 | USD |
CY2018Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1098568 | USD |
CY2017Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1145801 | USD |
CY2018Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2018Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
120918 | USD |
CY2017Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
168701 | USD |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
93934 | USD |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
22200 | USD |
CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.07 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2312887 | shares |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
4526252 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
3582816 | USD |
uuu |
Cost Of Goods Sold Acquired From Joint Venture
CostOfGoodsSoldAcquiredFromJointVenture
|
5415795 | USD | |
uuu |
Cost Of Goods Sold Acquired From Joint Venture
CostOfGoodsSoldAcquiredFromJointVenture
|
4612623 | USD | |
uuu |
Cost Of Goods Sold Other
CostOfGoodsSoldOther
|
459817 | USD | |
uuu |
Cost Of Goods Sold Other
CostOfGoodsSoldOther
|
148109 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
2696636 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
2140321 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2296339 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2289721 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
274305 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
343424 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-508796 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-178121 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
177353 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
40643 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.24 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.31 | ||
us-gaap |
Revenues
Revenues
|
8572248 | USD | |
us-gaap |
Revenues
Revenues
|
6901053 | USD | |
CY2018Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
640000 | USD |
us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
7956223 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
8069639 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
|
1115832 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
|
1653871 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
-749404 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
-501882 | USD | |
CY2018Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
|
14298736 | USD |
CY2017Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
|
12905014 | USD |
CY2018Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
|
21306062 | USD |
CY2017Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
|
24026974 | USD |
CY2018Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
|
2915045 | USD |
CY2017Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
|
2019534 | USD |
CY2018Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
|
3304457 | USD |
CY2017Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
|
2409799 | USD |
uuu |
Increase Or Decrease In Inter Company Profit In Inventory
IncreaseOrDecreaseInInterCompanyProfitInInventory
|
72820 | USD | |
uuu |
Increase Or Decrease In Inter Company Profit In Inventory
IncreaseOrDecreaseInInterCompanyProfitInInventory
|
134094 | USD | |
CY2017Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
57000 | USD |
CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2312887 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2312887 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2312887 | shares | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-121324 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-167925 | USD |
CY2018Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-58381 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
112941 | USD |
CY2018Q3 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-41463 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-10904 | USD |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-99844 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
102037 | USD |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-221168 | USD |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-65888 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-711588 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-437860 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
245485 | USD | |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-50754 | USD | |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
8619 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-488614 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
254104 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1048771 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-457484 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-560157 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
14538 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
15880 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-508796 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-178121 | USD | |
uuu |
Increase Decrease In Accounts Receivable And Due From Factor
IncreaseDecreaseInAccountsReceivableAndDueFromFactor
|
-4656 | USD | |
uuu |
Increase Decrease In Accounts Receivable And Due From Factor
IncreaseDecreaseInAccountsReceivableAndDueFromFactor
|
27413 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1166371 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
950837 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1147751 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2724601 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-50787 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1228764 | USD | |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
0 | USD | |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
16106 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-16106 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-64307 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-1217376 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-64307 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1217376 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-115094 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-4718 | USD | |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
262355 | USD |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
257637 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
177353 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
40643 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
CY2018Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
57000 | USD |
CY2018Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2312887 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2312887 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2312887 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2312887 | shares |
CY2018Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-264396 | USD |
CY2017Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
9989 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11925733 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14232258 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
132544 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
19523 | USD |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-543663 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13840662 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13774774 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2058902 | USD |
CY2018Q3 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
1546847 | USD |
us-gaap |
Line Of Credit Facility Borrowing Capacity Description
LineOfCreditFacilityBorrowingCapacityDescription
|
Under the Agreement the Company may borrow eighty percent (80%) of eligible accounts receivable. Additional funding, characterized by Merchant as an over advance, may be provided up to one hundred percent (100%) of eligible accounts receivable. The over advance portion, if any, may not exceed fifty percent (50%) of eligible inventory up to a maximum of $500,000. | ||
us-gaap |
Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
|
bear interest at the prime commercial rate of interest, as published, plus two percent (Effective rate 7.25% at September 30, 2018). | ||
uuu |
Accounts Receivables Factoring Agreement Term
AccountsReceivablesFactoringAgreementTerm
|
P2Y | ||
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-438833 | USD |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
237006 | USD |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-155714 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
125992 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-492824 | USD | |
uuu |
Accounts Receivables Factoring Agreement Expiration Date
AccountsReceivablesFactoringAgreementExpirationDate
|
2020-01-06 | ||
CY2018Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-379479 | USD |
CY2018Q2 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-9291 | USD |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2019 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
UNIVERSAL SECURITY INSTRUMENTS INC | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000102109 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--03-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Trading Symbol
TradingSymbol
|
UUU | ||
CY2018Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
2312887 | shares |
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true |