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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 27,455 $ 28,611
Trade accounts receivable, net of allowance for doubtful accounts of $146 and $146, respectively 9,817 5,377
Inventories 3,921 3,676
Prepaid expenses and other current assets 374 342
Total current assets 41,567 38,006
Property and equipment:    
Machinery and equipment 4,418 4,383
Leasehold improvements 604 603
Gross property and equipment 5,022 4,986
Less: accumulated depreciation (4,088) (4,042)
Net property and equipment 934 944
Deferred tax assets 1,116 1,110
Goodwill 1,706 1,706
Intangible assets, net 822 875
Restricted certificates of deposit 175 175
Other assets 33 28
Total assets 46,353 42,844
Current liabilities:    
Accounts payable 1,833 1,368
Accrued wages and benefits 1,191 1,588
Accrued rent 544 572
Accrued professional fees 408 419
Accrued sales commissions 435 287
Domestic and foreign income taxes payable 1,625 575
Other current liabilities 397 247
Total current liabilities 6,433 5,056
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.01 par value; 20,000,000 shares authorized; 10,435,135 and 10,394,018 shares issued, respectively 104 104
Addtional paid-in capital 25,604 25,578
Retained earnings 13,749 11,671
Accumulated other comprehensive earnings 667 639
Treasury stock, at cost; 33,077 and 33,077 shares, respectively (204) (204)
Total stockholders' equity 39,920 37,788
Total liabilities and stockholders' equity $ 46,353 $ 42,844