Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,567	$ 6,100
Accounts receivable, less allowance of $885 in 2023 and $1,061 in 2022	33,855	32,604
Inventories	54,575	63,325
Prepaid expenses and other current assets	3,779	2,821
Restricted cash	750	750
Total current assets	98,526	105,600
Property, plant and equipment:
Land	1,978	1,979
Buildings	16,378	16,614
Machinery and equipment	35,182	31,492
Total property, plant and equipment	53,538	50,085
Less: accumulated depreciation	25,830	23,669
Net property, plant and equipment	27,708	26,416
Operating lease right-of-use asset, net	2,300	2,632
Goodwill	8,189	8,189
Intangible assets, less accumulated amortization	19,546	20,790
Other assets - restricted cash		750
Total assets	156,269	164,377
Current liabilities:
Accounts payable	9,976	10,514
Operating lease liability - current portion	1,165	1,130
Current portion of mortgage payable	415	405
Other current liabilities	13,873	10,078
Total current liabilities	25,429	22,127
Long-term debt	32,934	49,916
Mortgage payable, net of current portion	10,393	10,694
Operating lease liability - non-current portion	1,279	1,683
Deferred income taxes	305	305
Other non-current liabilities	23	622
Total liabilities	70,363	85,347
Commitments and contingencies (see note 2)
STOCKHOLDERS' EQUITY
Common stock, par value $2.50: authorized 8,000,000 shares; 5,129,942 shares issued and 3,585,070 shares outstanding in 2023 and 5,083,051 shares issued and 3,538,179 shares outstanding in 2022	12,816	12,699
Additional paid-in capital	15,201	13,448
Retained earnings	76,055	70,967
Treasury stock, at cost - 1,544,872 shares in 2023 and 2022	(15,996)	(15,996)
Accumulated other comprehensive loss:
Translation adjustment	(2,170)	(2,088)
Total stockholders’ equity	85,906	79,030
Total liabilities and stockholders’ equity	$ 156,269	$ 164,377