Subsequent Events |
9 Months Ended | ||
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Sep. 30, 2011 | |||
Subsequent Events [Abstract] | |||
Subsequent Events |
On October 11, 2011, the Company was informed that one of its contract manufacturers in China had ceased operations. The contract manufacturer originally produced certain components for the Company's PAR 38 lamp and had recently started manufacturing the Company's new PAR 20 and PAR 30 lamps, among other products. As of September 30, 2011, the Company had approximately $85,000 of net equipment and $18,000 of working capital related to the contract manufacturer. In addition, the closure may affect the Company's investment in certifications for certain products. The Company has filed an insurance claim relating to these assets, however, the amount that the Company will recover from the insurance claim, if any, is unknown. The Company does not believe the delay in shifting production to another manufacturer will have a material adverse affect on its business. |