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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 7,540 $ 11,268
Trade accounts receivable, net 5,045 5,721
Inventories, net 12,162 11,466
Prepaid expenses and other current assets 2,544 2,401
Total current assets 27,291 30,856
Property, plant and equipment, net 3,302 2,729
Right-of-use (ROU) asset 2,746 0
Investment in securities 2,511 1,919
Deferred tax assets, net 3,850 3,495
Other assets 191 192
Total assets 39,891 39,191
Current liabilities:    
Accounts payable 6,197 5,595
Accrued compensation and related taxes 1,063 2,014
Accrued warranty expense 1,458 1,546
Accrued other expenses and other current liabilities 224 292
Dividends payable 254 256
Short-term lease liability 291 0
Deferred revenue 184 180
Total current liabilities 9,671 9,883
Long-term lease liability 2,455 0
Deferred revenue 1,888 1,596
Total liabilities 14,014 11,479
Commitments and contingencies
Stockholders' equity:    
Preferred stock; $1.00 par value; 1,000,000 authorized shares; none issued or outstanding 0 0
Common stock; $.60 par value; 20,000,000 authorized shares; 13,883,937 and 13,882,937 issued; and 12,740,894 and 12,817,829 outstanding shares at March 31, 2019 and December 31, 2018, respectively 8,330 8,330
Additional paid-in capital 25,941 25,867
Accumulated deficit (3,965) (2,393)
Treasury stock, at cost, 1,143,043 and 1,065,108 shares at March 31, 2019 and December 31, 2018, respectively (4,429) (4,092)
Total stockholders' equity 25,877 27,712
Total liabilities and stockholders' equity $ 39,891 $ 39,191