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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 7,596 $ 28,611
Trade accounts receivable, net of allowance for doubtful accounts of $146 and $146, respectively 11,938 5,377
Inventories 6,212 3,676
Prepaid expenses and other current assets 629 342
Total current assets 26,375 38,006
Property and equipment:    
Machinery and equipment 5,004 4,383
Leasehold improvements 711 603
Gross property and equipment 5,715 4,986
Less: accumulated depreciation (4,190) (4,042)
Net property and equipment 1,525 944
Deferred tax assets 1,110
Goodwill 18,526 1,706
Intangible assets, net 10,072 875
Restricted certificates of deposit 175 175
Other assets 31 28
Total assets 56,704 42,844
Current liabilities:    
Accounts payable 2,823 1,368
Accrued wages and benefits 2,103 1,588
Accrued rent 537 572
Accrued professional fees 514 419
Accrued sales commissions 450 287
Customer deposits and deferred revenue 787 74
Domestic and foreign income taxes payable 939 575
Current portion of contingent consideration liability 1,051
Other current liabilities 528 173
Total current liabilities 9,732 5,056
Deferred tax liabilities 4,103
Contingent consideration liability, net of current portion 1,251
Total liabilities 15,086 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 25,702 25,578
Retained earnings 15,194 11,671
Accumulated other comprehensive earnings 822 639
Treasury stock, at cost; 33,077 and 33,077 shares, respectively (204) (204)
Total stockholders' equity 41,618 37,788
Total liabilities and stockholders' equity $ 56,704 $ 42,844