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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 572 $ 559
Accounts receivable, net of allowance for doubtful accounts of $27 and $53 as of December 31, 2019 and 2018, respectively 2,505 2,654
Inventories, current 8,484 6,172
Prepaid benefit costs 89 288
Deferred loan costs 149
Prepaid and other current assets 524 555
Total current assets 12,174 10,377
Inventories, non-current 551
Property, plant and equipment, net 392 2,890
License agreements, net 20 12
Intangible assets, net 1,098 1,269
Goodwill 493 493
Right of use assets, net 3,167
Other assets, net 1,003 9
Total assets 18,347 15,601
Current liabilities:    
Line of credit 2,705 2,603
Current portion of long-term debt 33 3,075
Current portion of lease liability 751
Accounts payable 4,313 1,523
Accrued compensation 397 332
Income taxes payable 26 28
Other accrued expenses 144 702
Total current liabilities 8,369 8,263
Subordinated convertible debt with related parties 139
Lease liability, net of current portion 2,568
Long-term debt, net of current portion 47 32
Total liabilities 10,984 8,434
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.001 par value; authorized 5,000 shares; no shares outstanding as of December 31, 2019 and 2018, respectively
Common stock, $.001 par value; authorized 25,000 shares, 9,766 and 9,508 shares Issued, 9,766 and 9,335 shares outstanding as of December 31, 2019 and 2018, respectively 10 9
Paid-in capital 28,158 27,910
Accumulated deficit (19,920) (19,178)
Accumulated other comprehensive loss (885) (832)
Treasury stock, at cost, zero and 173 shares as of December 31, 2019 and 2018, respectively (742)
Total stockholders' equity 7,363 7,167
Total liabilities and stockholders' equity $ 18,347 $ 15,601