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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 4,669 $ 5,507
Accounts receivable, net 8,659 10,948
Inventories 8,881 8,875
Prepaid income taxes 356 514
Other current assets 565 517
Total current assets 23,130 26,361
Fixed assets, net of accumulated depreciation of $18,991 and $18,336, respectively 2,361 2,169
Goodwill 2,621 2,621
Deferred tax assets 2,295 2,308
Intangible assets, net of accumulated amortization of $3,024, and $2,779, respectively 436 458
Other assets 32 33
Total noncurrent assets 7,745 7,589
Total assets 30,875 33,950
Current liabilities:    
Accounts payable 3,181 3,841
Accrued liabilities 2,329 3,339
Deferred revenue 313 169
Total current liabilities 5,823 7,349
Deferred revenue, net of current portion 68 69
Deferred rent, net of current portion 272 271
Other liabilities 245 247
Total noncurrent liabilities 585 587
Total liabilities 6,408 7,936
Shareholders' equity:    
Common stock, $0.01 par value, 20,000,000 shares authorized; 11,185,331 and 11,170,881 shares issued, respectively; 7,383,364 and 7,782,292 shares outstanding, respectively 114 114
Additional paid-in capital 31,362 31,353
Retained earnings 24,763 24,756
Treasury stock, 3,851,967 and 3,388,589 shares, at cost (100) (99)
Treasury stock, at cost, 3,801,967 and 3,388,589 shares, respectively (31,672) (30,110)
Total shareholders' equity 24,467 26,014
Total liabilities and shareholders' equity $ 30,875 $ 33,950