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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 615 $ 4,203
Accounts receivable, net 6,261 6,418
Note receivable 100 1,017
Inventories, net 12,586 12,099
Prepaid income taxes 124 180
Other current assets 1,300 998
Total current assets 20,986 24,915
Fixed assets, net 2,414 2,244
Accounts Receivable, before Allowance for Credit Loss, Noncurrent 1,530 0
Right-of-use asset, net of accumulated amortization of $211 and $0 4,159 2,855
Goodwill 2,621 2,621
Deferred tax assets 3,086 2,565
Intangible assets, net 754 817
Other assets 237 44
Total noncurrent assets 14,801 11,146
Total assets 35,787 36,061
Current liabilities:    
Accounts payable 1,737 2,960
Accrued liabilities 2,419 3,041
Short-term Bank Loans and Notes Payable 794 0
Lease liability 880 945
Deferred revenue 643 700
Total current liabilities 6,473 7,646
Deferred revenue, net of current portion 183 219
Lease liability 3,456 2,104
Other liabilities 170 166
Total noncurrent liabilities 3,809 2,489
Total liabilities 10,282 10,135
Shareholders' equity:    
Common stock, $0.01 par value, 20,000,000 shares authorized; 11,500,502 and 11,463,141 shares issued, respectively; 7,455,660 and 7,418,299 shares outstanding, respectively 116 115
Additional paid-in capital 33,103 32,604
Retained earnings 24,356 25,348
Accumulated other comprehensive loss, net of tax 40 (31)
Treasury stock, 4,044,842 shares, at cost (32,110) (32,110)
Total shareholders' equity 25,505 25,926
Total liabilities and shareholders' equity $ 35,787 $ 36,061