7. Stockholders' Equity

6 Months Ended

Jun. 30, 2019

Stockholders' equity:

NOTE 7 - Stockholders' Equity

The changes in condensed consolidated stockholders’ equity for the three and six months ended June 30, 2019 and 2018 are as follows:

	Common Stock Shares		Common Stock Amount		Additional Paid-In Capital			Accumulated Deficit			Other Comprehensive Income			Treasury Stock			Total
Balance at December 31, 2017		13,844,584	$	8,307	$	25,642		$	(5,450	)	$	4,318		$	(810	)	$	32,007
Share-based compensation expense		—		—		21			—			—			—			21
Restricted stock unit compensation expense		—		—		34			—			—			—			34
Dividends declared ($0.02 per share)		—		—		—			(271	)		—			—			(271	)
Net loss		—		—		—			(443	)		—			—			(443	)
Effect of adoption of ASU 2016-01		—		—		—			4,318			(4,318	)		—			—
Repurchase of common stock		—		—		—			—			—			(357	)		(357	)
Balance at March 31, 2018		13,844,584		8,307		25,697			(1,846	)		—			(1,167	)		30,991
Restricted stock units issued		38,353		23		(23	)		—			—			—			—
Share-based compensation expense		—		—		17			—			—			—			17
Restricted stock unit compensation expense		—		—		39			—			—			—			39
Dividends declared ($0.02 per share)		—		—		—			(271	)		—			—			(271	)
Net income		—		—		—			946			—			—			946
Effect of adoption of ASU 2016-01		—		—		—			—			—			—			—
Repurchase of common stock		—		—		—			—			—			(259	)		(259	)
Balance at June 30, 2018		13,882,937	$	8,330	$	25,730		$	(1,171	)	$	—		$	(1,426	)	$	31,463

	Common Stock Shares		Common Stock Amount		Additional Paid-In Capital			Accumulated Deficit			Treasury Stock			Total
Balance at December 31, 2018		13,882,937	$	8,330	$	25,867		$	(2,393	)	$	(4,092	)	$	27,712
Stock options exercised and issued		1,000		—		2			—			—			2
Share-based compensation expense		—		—		31			—			—			31
Restricted stock unit compensation expense		—		—		41			—			—			41
Dividends declared ($0.02 per share)		—		—		—			(254	)		—			(254	)
Net loss		—		—		—			(1,318	)		—			(1,318	)
Repurchase of common stock		—		—		—			—			(337	)		(337	)
Balance at March 31, 2019		13,883,937		8,330		25,941			(3,965	)		(4,429	)		25,877
Restricted stock units issued		38,353		23		(23	)		—			—			—
Share-based compensation expense		—		—		37			—			—			37
Restricted stock unit compensation expense		—		—		33			—			—			33
Dividends declared ($0.02 per share)		—		—		—			(255	)		—			(255	)
Net loss		—		—		—			(247	)		—			(247	)
Repurchase of common stock		—		—		—			—			(213	)		(213	)
Balance at June 30, 2019		13,922,290	$	8,353	$	25,988		$	(4,467	)	$	(4,642	)	$	25,232