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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 18,743 $ 10,277
Trade accounts receivable, net of allowance for doubtful accounts of $211 and $212, respectively 12,232 8,435
Inventories 9,359 7,476
Prepaid expenses and other current assets 798 776
Total current assets 41,132 26,964
Property and equipment:    
Machinery and equipment 5,414 5,356
Leasehold improvements 2,908 2,636
Gross property and equipment 8,322 7,992
Less: accumulated depreciation (5,925) (5,642)
Net property and equipment 2,397 2,350
Right-of-use assets, net 5,819 6,387
Goodwill 13,738 13,738
Intangible assets, net 11,503 12,421
Restricted certificates of deposit 100 140
Other assets 40 30
Total assets 74,729 62,030
Current liabilities:    
Accounts payable 3,849 2,424
Accrued wages and benefits 2,881 1,944
Accrued professional fees 827 776
Customer deposits and deferred revenue 2,082 396
Accrued sales commissions 836 472
Current portion of operating lease liabilities 1,207 1,215
Domestic and foreign income taxes payable 1,121 825
Other current liabilities 741 804
Total current liabilities 13,544 8,856
Operating lease liabilities, net of current portion 5,332 6,050
Deferred tax liabilities 1,701 1,922
Other liabilities 436 450
Total liabilities 21,013 17,278
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.01 par value; 20,000,000 shares authorized; 10,819,294 and 10,562,200 shares issued, respectively 108 106
Additional paid-in capital 28,962 26,851
Retained earnings 24,106 17,110
Accumulated other comprehensive earnings 744 889
Treasury stock, at cost; 33,077 shares (204) (204)
Total stockholders' equity 53,716 44,752
Total liabilities and stockholders' equity $ 74,729 $ 62,030