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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash $ 9 $ 232
Accounts receivable, net of allowance for doubtful accounts of $239 and $176 2,432 2,425
Inventories 5,595 9,257
Prepaid and other current assets 277 651
Prepaid benefit costs 0 0
Total current assets 8,313 12,565
Inventories, net non-current 1,444 1,628
Property, plant and equipment, net of accumulated depreciation and amortization 3,621 3,923
License agreements, net 458 645
Intangible assets, net 1,784 1,962
Goodwill 493 493
Other assets, net 117 28
Total Assets 16,230 21,244
Current liabilities:    
Line of credit 2,664 1,269
Current portion of long-term debt 3,604 286
Accounts payable 1,387 1,351
Accrued compensation 388 513
Accrued benefit pension liability 54 260
Income taxes payable 6 24
Other accrued expenses 519 101
Total current liabilities 8,622 3,804
Long-term debt 110 3,607
Deferred income taxes 129 95
Commitments and contingencies 0 0
Stockholders’ equity:    
Preferred stock, $.001 par value; authorized 5,000 shares; no shares outstanding 0 0
Common stock, $.001 par value; authorized 25,000 shares, 8,465 shares Issued, 6,766 and 6,263 shares outstanding 8 8
Paid-in capital 26,361 26,435
Accumulated deficit (12,198) (4,096)
Accumulated other comprehensive loss (1,168) (1,354)
Treasury stock, at cost, 1,699 and 2,202 shares (5,634) (7,255)
Total stockholders’ equity 7,369 13,738
Total Liabilities and Stockholders' Equity $ 16,230 $ 21,244