2016 Q4 Form 10-Q Financial Statement
#000114420416133922 Filed on November 14, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q4 |
---|---|---|---|
Revenue | $21.44M | $13.48M | $15.89M |
YoY Change | 34.93% | -9.44% | 4.68% |
Cost Of Revenue | $15.49M | $10.06M | $11.15M |
YoY Change | 38.92% | -6.6% | -0.8% |
Gross Profit | $5.950M | $3.412M | $4.740M |
YoY Change | 25.53% | -16.89% | 20.3% |
Gross Profit Margin | 27.75% | 25.32% | 29.83% |
Selling, General & Admin | $4.040M | $2.786M | $3.800M |
YoY Change | 6.32% | 3.07% | 21.79% |
% of Gross Profit | 67.9% | 81.66% | 80.17% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $270.0K | $370.0K | $400.0K |
YoY Change | -32.5% | -15.91% | -16.67% |
% of Gross Profit | 4.54% | 10.84% | 8.44% |
Operating Expenses | $4.040M | $3.340M | $3.800M |
YoY Change | 6.32% | -1.56% | 21.79% |
Operating Profit | $1.910M | $72.42K | $940.0K |
YoY Change | 103.19% | -89.84% | 14.63% |
Interest Expense | -$340.0K | $358.6K | -$520.0K |
YoY Change | -34.62% | 2.19% | 57.58% |
% of Operating Profit | -17.8% | 495.22% | -55.32% |
Other Income/Expense, Net | -$301.4K | ||
YoY Change | 0.1% | ||
Pretax Income | $1.580M | -$228.9K | $410.0K |
YoY Change | 285.37% | -155.6% | -16.33% |
Income Tax | $720.0K | -$28.66K | -$20.00K |
% Of Pretax Income | 45.57% | -4.88% | |
Net Earnings | $910.0K | -$180.5K | $500.0K |
YoY Change | 82.0% | -186.25% | 31.58% |
Net Earnings / Revenue | 4.24% | -1.34% | 3.15% |
Basic Earnings Per Share | -$0.05 | ||
Diluted Earnings Per Share | $212.1K | -$0.05 | $147.1K |
COMMON SHARES | |||
Basic Shares Outstanding | 3.524M shares | 3.542M shares | |
Diluted Shares Outstanding | 3.714M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $560.0K | $620.0K | $350.0K |
YoY Change | 60.0% | 129.63% | 133.33% |
Cash & Equivalents | $563.0K | $623.9K | $346.4K |
Short-Term Investments | |||
Other Short-Term Assets | $530.7K | $2.550M | $991.3K |
YoY Change | -46.47% | -7.61% | 71.24% |
Inventory | $18.35M | $22.94M | $17.87M |
Prepaid Expenses | $678.7K | $1.057M | |
Receivables | $14.84M | $10.18M | $11.41M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $34.96M | $36.30M | $32.44M |
YoY Change | 7.78% | 17.63% | -0.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.311M | $5.520M | $6.554M |
YoY Change | -18.95% | -17.73% | -15.5% |
Goodwill | $1.473M | $1.473M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $473.1K | $1.660M | $242.3K |
YoY Change | 95.28% | 13.7% | 39.37% |
Total Long-Term Assets | $8.954M | $8.700M | $9.368M |
YoY Change | -4.41% | -10.31% | -11.4% |
TOTAL ASSETS | |||
Total Short-Term Assets | $34.96M | $36.30M | $32.44M |
Total Long-Term Assets | $8.954M | $8.700M | $9.368M |
Total Assets | $43.91M | $45.00M | $41.80M |
YoY Change | 5.04% | 10.95% | -2.89% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.862M | $7.420M | $4.272M |
YoY Change | 37.22% | 44.92% | -4.41% |
Accrued Expenses | $3.127M | $2.970M | $2.942M |
YoY Change | 6.29% | 20.73% | 18.01% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $11.26M | $10.36M | $10.95M |
YoY Change | 2.83% | 1.07% | -9.95% |
Long-Term Debt Due | $1.938M | $2.700M | $551.0K |
YoY Change | 251.72% | 357.63% | 46.54% |
Total Short-Term Liabilities | $23.88M | $24.97M | $20.20M |
YoY Change | 18.21% | 28.91% | -3.48% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $7.239M | $6.990M | $8.301M |
YoY Change | -12.8% | -16.19% | -5.51% |
Other Long-Term Liabilities | $1.120M | $1.240M | $710.0K |
YoY Change | 57.75% | 138.46% | 33.96% |
Total Long-Term Liabilities | $8.057M | $8.230M | $9.015M |
YoY Change | -10.63% | -7.11% | -3.17% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $23.88M | $24.97M | $20.20M |
Total Long-Term Liabilities | $8.057M | $8.230M | $9.015M |
Total Liabilities | $31.94M | $32.52M | $29.22M |
YoY Change | 9.31% | 14.91% | -3.38% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.323M | $1.671M | |
YoY Change | 39.06% | 167.99% | |
Common Stock | $16.15M | $15.35M | |
YoY Change | 5.18% | 0.23% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $160.8K | $160.8K | |
YoY Change | 0.0% | 0.0% | |
Treasury Stock Shares | 75.63K shares | 75.63K shares | |
Shareholders Equity | $12.72M | $12.48M | $12.79M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $43.91M | $45.00M | $41.80M |
YoY Change | 5.04% | 10.94% | -2.89% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $910.0K | -$180.5K | $500.0K |
YoY Change | 82.0% | -186.25% | 31.58% |
Depreciation, Depletion And Amortization | $270.0K | $370.0K | $400.0K |
YoY Change | -32.5% | -15.91% | -16.67% |
Cash From Operating Activities | -$200.0K | $130.0K | -$790.0K |
YoY Change | -74.68% | -244.44% | 54.9% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$70.00K | -$130.0K | -$210.0K |
YoY Change | -66.67% | -53.57% | -36.36% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | -$40.00K | |
YoY Change | |||
Cash From Investing Activities | -$70.00K | -$170.0K | -$210.0K |
YoY Change | -66.67% | -39.29% | -36.36% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 240.0K | 210.0K | 1.090M |
YoY Change | -77.98% | -52.27% | 37.97% |
NET CHANGE | |||
Cash From Operating Activities | -200.0K | 130.0K | -790.0K |
Cash From Investing Activities | -70.00K | -170.0K | -210.0K |
Cash From Financing Activities | 240.0K | 210.0K | 1.090M |
Net Change In Cash | -30.00K | 170.0K | 90.00K |
YoY Change | -133.33% | 142.86% | -280.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$200.0K | $130.0K | -$790.0K |
Capital Expenditures | -$70.00K | -$130.0K | -$210.0K |
Free Cash Flow | -$130.0K | $260.0K | -$580.0K |
YoY Change | -77.59% | 36.84% | 222.22% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
17869911 | USD |
CY2015Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
6665700 | USD |
CY2015Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
45351 | USD |
CY2016Q3 | us-gaap |
Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
|
346074 | USD |
CY2015Q4 | us-gaap |
Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
|
0 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
43476981 | USD | |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
42831655 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
31863004 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
31661039 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
11613977 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
11170616 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5300418 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5470523 | USD | |
us-gaap |
Selling Expense
SellingExpense
|
2425677 | USD | |
us-gaap |
Selling Expense
SellingExpense
|
3162083 | USD | |
us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
2005643 | USD | |
us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
1643852 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
9731738 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
10248758 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1882239 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
921858 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
1067895 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
1074295 | USD | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
30729 | USD | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
0 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
47230 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
77341 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-989936 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1176215 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
892303 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-254357 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
386514 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-16804 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
505789 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-237553 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-39754 | USD | |
CY2015Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
14880820 | USD |
CY2015Q3 | us-gaap |
Gross Profit
GrossProfit
|
4105320 | USD |
CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1840643 | USD |
CY2015Q3 | us-gaap |
Selling Expense
SellingExpense
|
862587 | USD |
CY2015Q3 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
689244 | USD |
CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
3392474 | USD |
CY2015Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
11410999 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
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CY2015Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1057464 | USD |
CY2015Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
501710 | USD |
CY2015Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
26847110 | USD |
CY2016Q3 | ctib |
Office Furniture And Equipment
OfficeFurnitureAndEquipment
|
3614814 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
991297 | USD |
CY2015Q4 | us-gaap |
Assets Current
AssetsCurrent
|
32437171 | USD |
CY2015Q4 | us-gaap |
Due To Affiliate Current
DueToAffiliateCurrent
|
8670 | USD |
CY2015Q4 | ctib |
Intellectual Property Gross
IntellectualPropertyGross
|
482088 | USD |
CY2016Q3 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
405306 | USD |
CY2015Q4 | ctib |
Fixtures And Equipment At Customer Locations Gross
FixturesAndEquipmentAtCustomerLocationsGross
|
3174535 | USD |
CY2015Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
773985 | USD |
CY2015Q4 | ctib |
Accumulated Depreciation Depletion And Amortization Property Plant Equipment And Intellectual Property
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantEquipmentAndIntellectualProperty
|
32471694 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6553556 | USD |
CY2015Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
112615 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
1473176 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
986181 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
242270 | USD |
CY2015Q4 | ctib |
Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
|
2814242 | USD |
CY2015Q4 | us-gaap |
Assets
Assets
|
41804969 | USD |
CY2015Q4 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
1481827 | USD |
CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
4271860 | USD |
CY2015Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
10952924 | USD |
CY2015Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
41204 | USD |
CY2015Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2942481 | USD |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
179261 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | USD | |
CY2015Q4 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
1323139 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
8301025 | USD |
CY2015Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
160784 | USD |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
20200676 | USD |
CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-4076318 | USD |
CY2015Q4 | us-gaap |
Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
|
266835 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12787487 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
44997129 | USD |
CY2015Q4 | ctib |
Warrants Payable
WarrantsPayable
|
714245 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
12589023 | USD |
CY2015Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
9015270 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
41804969 | USD |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
13775994 | USD |
CY2015Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1577807 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1670788 | USD |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-198464 | USD |
CY2016Q3 | us-gaap |
Minority Interest
MinorityInterest
|
-678124 | USD |
CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
623880 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
25486 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
125689 | USD | |
CY2015Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
10775500 | USD |
CY2016Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
10064066 | USD |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
146822 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
172657 | shares |
CY2016Q3 | ctib |
Shares To Be Issued Upon Exercise Of Options And Warrant
SharesToBeIssuedUponExerciseOfOptionsAndWarrant
|
288048 | shares |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
712846 | USD |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
350960 | USD |
CY2015Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
43932 | USD |
CY2015Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-301076 | USD |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
411770 | USD |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
161280 | USD |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
250490 | USD |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
41237 | USD |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
209253 | USD |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-416608 | USD |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-338222 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
32557 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
688340 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-106515 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
923251 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
61424 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
3390410 | USD | |
us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
-460401 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-1911937 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
395609 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
4715 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
440137 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-47666 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
277476 | USD | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
150332 | USD |
CY2016Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
13476157 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
19089 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
545543 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-256642 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1096786 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-464443 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-840144 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1009986 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3447938 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3703732 | shares | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.16 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3301116 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3541582 | shares | |
CY2016Q3 | us-gaap |
Gross Profit
GrossProfit
|
3412091 | USD |
CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1808299 | USD |
CY2016Q3 | us-gaap |
Selling Expense
SellingExpense
|
977928 | USD |
CY2016Q3 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
581143 | USD |
CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
3339670 | USD |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
72421 | USD |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
358643 | USD |
CY2015Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
5952 | USD |
CY2016Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
0 | USD |
CY2016Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
9663 | USD |
CY2016Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-301363 | USD |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-228942 | USD |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-28655 | USD |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-200287 | USD |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-19812 | USD |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-180475 | USD |
CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-236133 | USD |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-547475 | USD |
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3446808 | shares |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3714239 | shares |
CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | |
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3301116 | shares |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3541582 | shares |
CY2016Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-47617 | USD |
CY2015Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | USD |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1379031 | USD | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1153688 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
107681 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
28719 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
28685 | USD | |
us-gaap |
Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
|
179901 | USD | |
us-gaap |
Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
|
-31259 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
92208 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-170653 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-664907 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-807687 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
5597774 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
77839 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
236000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
840000 | USD | |
CY2016Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-4916462 | USD |
CY2015Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
2770636 | USD |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
148000 | shares |
CY2015Q3 | us-gaap |
Payments For Leasing Costs
PaymentsForLeasingCosts
|
36000 | USD |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
3461400 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
102981 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-254668 | USD | |
us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
31560 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-590594 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
652903 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1180000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
10000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-2781282 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-21474 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
122211 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
910414 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
929324 | USD | |
CY2015Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
272543 | USD |
us-gaap |
Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
87500 | USD | |
us-gaap |
Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
0 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
555961 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
465443 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
139673 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-465443 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
35012 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
47837 | USD | |
ctib |
Deferred Financing Costs
DeferredFinancingCosts
|
0 | USD | |
ctib |
Deferred Financing Costs
DeferredFinancingCosts
|
8050 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
783134 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
122500 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
0 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
43750 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
0 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Accounts Receivable Acquired1
NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1
|
183750 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Accounts Receivable Acquired1
NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1
|
0 | USD | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
162150 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
145692 | shares |
CY2015Q3 | ctib |
Shares To Be Issued Upon Exercise Of Options And Warrant
SharesToBeIssuedUponExerciseOfOptionsAndWarrant
|
343548 | shares |
CY2016Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2015Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
174000 | shares |
CY2016Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5000 | USD |
CY2015Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7000 | USD |
CY2016Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
31000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y2M12D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P1Y6M | ||
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
5.22 | |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
172850 | USD |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
5.20 | |
CY2016Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
104658 | USD |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
88000 | shares |
CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-4076318 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-840144 | USD | |
CY2015Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2198981 | USD |
CY2015Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
13723090 | USD |
CY2015Q4 | ctib |
Allowance For Excess Quantities Of Inventories
AllowanceForExcessQuantitiesOfInventories
|
822796 | USD |
CY2016Q3 | us-gaap |
Payments For Leasing Costs
PaymentsForLeasingCosts
|
0 | USD |
CY2016Q3 | us-gaap |
Legal Fees
LegalFees
|
57000 | USD |
us-gaap |
Legal Fees
LegalFees
|
114000 | USD | |
CY2015Q3 | us-gaap |
Legal Fees
LegalFees
|
22000 | USD |
us-gaap |
Legal Fees
LegalFees
|
128000 | USD | |
us-gaap |
Payments For Leasing Costs
PaymentsForLeasingCosts
|
65000 | USD | |
us-gaap |
Payments For Leasing Costs
PaymentsForLeasingCosts
|
108000 | USD | |
CY2016Q3 | ctib |
Warrant Liability
WarrantLiability
|
894000 | USD |
CY2015Q4 | ctib |
Warrant Liability
WarrantLiability
|
714000 | USD |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
CTI INDUSTRIES CORP | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001042187 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Trading Symbol
TradingSymbol
|
CTIB | ||
CY2016Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
3524354 | shares |
CY2016Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
38529713 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
39025250 | USD |
CY2016Q3 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
900000 | USD |
CY2015Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
0 | USD |
CY2016Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
132000 | USD |
CY2015Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
126000 | USD |
CY2016Q3 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
47000 | USD |
CY2015Q4 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
46000 | USD |
CY2016Q3 | ctib |
Discount On Notes Payable Current
DiscountOnNotesPayableCurrent
|
158000 | USD |
CY2015Q4 | ctib |
Discount On Notes Payable Current
DiscountOnNotesPayableCurrent
|
171000 | USD |
CY2016Q3 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
CY2015Q4 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
CY2016Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q3 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
CY2015Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
CY2016Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5000000 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3568012 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3568012 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3524354 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3524354 | shares |
CY2016Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
75627 | shares |
CY2015Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
75627 | shares |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
2000 | USD | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Use of estimates:</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">In preparing condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management makes estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amount of revenue and expenses during the reporting period in the condensed consolidated financial statements and accompanying notes. Actual results may differ from those estimates. The Company’s significant estimates include reserves for doubtful accounts, reserves for the lower of cost or market of inventory, reserves for deferred tax assets and recovery value of goodwill.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> Reclassification:</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Certain 2015 amounts have been reclassified to conform to the 2016 presentation.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2016Q3 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
894000 | USD |
CY2015Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
714000 | USD |
ctib |
Payment For Redemption Of Variable Interest Entity
PaymentForRedemptionOfVariableInterestEntity
|
455000 | USD | |
ctib |
Payment For Redemption Of Variable Interest Entity
PaymentForRedemptionOfVariableInterestEntity
|
0 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
288750 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
174000 | shares | |
CY2016Q3 | us-gaap |
Gain Loss On Sale Of Trust Assets To Pay Expenses
GainLossOnSaleOfTrustAssetsToPayExpenses
|
27700 | USD |
CY2015Q3 | us-gaap |
Gain Loss On Sale Of Trust Assets To Pay Expenses
GainLossOnSaleOfTrustAssetsToPayExpenses
|
0 | USD |
us-gaap |
Gain Loss On Sale Of Trust Assets To Pay Expenses
GainLossOnSaleOfTrustAssetsToPayExpenses
|
27700 | USD | |
us-gaap |
Gain Loss On Sale Of Trust Assets To Pay Expenses
GainLossOnSaleOfTrustAssetsToPayExpenses
|
0 | USD | |
CY2016Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
152850 | shares |
CY2016Q3 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
6.00 | |
CY2016Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
7.00 | |
CY2016Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
3793301 | USD |
CY2016Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2366341 | USD |
CY2016Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
17563321 | USD |
CY2016Q3 | ctib |
Allowance For Excess Quantities Of Inventories
AllowanceForExcessQuantitiesOfInventories
|
780622 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
638324 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
ctib |
Amortization Of Deferred Gain On Saleor Leaseback
AmortizationOfDeferredGainOnSaleorLeaseback
|
-27700 | USD | |
ctib |
Amortization Of Deferred Gain On Saleor Leaseback
AmortizationOfDeferredGainOnSaleorLeaseback
|
0 | USD |