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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 3,082 $ 4,203
Accounts receivable, net 3,290 6,418
Note receivable 100 1,017
Inventories 11,905 12,099
Prepaid income taxes 126 180
Other current assets 970 998
Total current assets 19,473 24,915
Fixed assets, net of accumulated depreciation of $19,334 and $19,010, respectively 2,396 2,244
Note receivable, net of current portion 1,547 0
Right-of-use asset 3,970 2,855
Goodwill 2,621 2,621
Deferred tax assets 4,057 2,565
Intangible assets, net of accumulated amortization of $3,896 and $3,771, respectively 692 817
Other assets 218 44
Total noncurrent assets 15,501 11,146
Total assets 34,974 36,061
Current liabilities:    
Accounts payable 1,316 2,960
Accrued liabilities 2,638 3,041
Revolving bank loan payable 6 0
Lease liability 878 945
Deferred revenue 519 700
Total current liabilities 5,357 7,646
Long-term debt 2,173 0
Deferred revenue, net of current portion 145 219
Lease liability, net of current portion 3,241 2,104
Other liabilities 170 166
Total noncurrent liabilities 5,729 2,489
Total liabilities 11,086 10,135
Shareholders' equity:    
Common stock, $0.01 par value, 20,000,000 shares authorized; 11,592,202 and 11,515,090 shares issued, respectively; 7,547,360 and 7,470,248 shares outstanding, respectively 116 115
Additional paid-in capital 33,329 32,604
Retained earnings 22,503 25,348
Accumulated other comprehensive income (loss), net of tax 50 (31)
Treasury stock, at cost, 4,044,842 shares (32,110) (32,110)
Total shareholders' equity 23,888 25,926
Total liabilities and shareholders' equity $ 34,974 $ 36,061