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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 3,893 $ 19,457
Accounts receivable, net 11,991 7,593
Employee retention credit receivable 1,500 1,500
Inventories 10,907 7,711
Prepaid income taxes 188 137
Other current assets 794 738
Total current assets 29,273 37,136
Fixed assets, net of accumulated depreciation of $17,216 and $16,736, respectively 2,838 2,684
Right-of-use asset 2,937 2,553
Goodwill 2,621 2,621
Deferred tax assets 7,325 5,143
Intangible assets, net of accumulated amortization of $1,286 and $1,209, respectively 319 397
Other assets 230 400
Total noncurrent assets 16,270 13,798
Total assets 45,543 50,934
Current liabilities:    
Accounts payable 5,017 4,308
Accrued liabilities 3,649 3,894
Lease liability 789 789
Deferred revenue 887 805
Total current liabilities 10,342 9,796
Deferred revenue, net of current portion 169 186
Lease liability, net of current portion 2,170 1,781
Other liabilities 190 187
Total noncurrent liabilities 2,529 2,154
Total liabilities 12,871 11,950
Shareholders' equity:    
Common stock, $0.01 par value, 20,000,000 shares authorized; 13,954,850 and 13,917,731 shares issued, respectively; 9,910,008 and 9,872,889 shares outstanding, respectively 139 139
Additional paid-in capital 55,708 55,246
Retained earnings 8,842 15,566
Accumulated other comprehensive income, net of tax 93 143
Treasury stock, at cost, 4,044,842 shares (32,110) (32,110)
Total shareholders' equity 32,672 38,984
Total liabilities and shareholders' equity $ 45,543 $ 50,934