Quarterly report pursuant to sections 13 or 15(d)

NOTE 7 - LINE OF CREDIT (Detail)

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NOTE 7 - LINE OF CREDIT (Detail) (USD $)
6 Months Ended
Jun. 30, 2012
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars) $ 750,000
Line of Credit Facility, Interest Rate Description two and three quarter's percentage points (2.75%) above the Prime Rate
Line of Credit Facility, Interest Rate at Period End 6.00%
Line of Credit Facility, Collateral Fees The credit facility required the Company to pay a monitoring fee of 0.315% of eligible collateral to be paid monthly. An annual facility fee equal to one percent (1%) of the Maximum Credit is assessed upon the initial funding, annually thereafter
Debt Instrument, Maturity Date, Description The term of the agreement is for three years and expires in October 2014
Line of Credit Facility, Description The fixed charge coverage ratio requires the Company's subsidiary SWK Technologies, Inc. (SWK) at all times a ratio of Operating Cash Flow to Fixed Charges, as defined in the agreement, of not less than two to one (2:1) measured of the last day of each fiscal quarter, for the four (4) most recent quarters just ended.The debt to net worth ratio requires SWK to maintain at all times a ratio of Debt to Net Worth, as defined in the agreement, not in excess of one point one five to one (1.215:1) for each quarter during fiscal 2012
Line of Credit Facility, Amount Outstanding (in Dollars) 579,824
Line of Credit Facility, Remaining Borrowing Capacity (in Dollars) $ 160,249