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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 7,415 $ 11,268
Trade accounts receivable, net 5,093 5,721
Inventories, net 13,257 11,466
Prepaid expenses and other current assets 2,132 2,401
Total current assets 27,897 30,856
Property, plant and equipment, net 3,616 2,729
Right-of-use (ROU) asset 2,652 0
Investment in securities 2,363 1,919
Deferred tax assets, net 3,659 3,495
Other assets 196 192
Total assets 40,383 39,191
Current liabilities:    
Accounts payable 6,841 5,595
Accrued compensation and related taxes 1,324 2,014
Accrued warranty expense 1,440 1,546
Accrued other expenses and other current liabilities 447 292
Dividends payable 254 256
Short-term lease liability 267 0
Deferred revenue 219 180
Total current liabilities 10,792 9,883
Long-term lease liability 2,385 0
Deferred revenue 1,974 1,596
Total liabilities 15,151 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; 13,922,290 and 13,882,937 issued; and 12,728,116 and 12,817,829 outstanding shares at June 30, 2019 and December 31, 2018, respectively 8,353 8,330
Additional paid-in capital 25,988 25,867
Accumulated deficit (4,467) (2,393)
Treasury stock, at cost, 1,194,174 and 1,065,108 shares at June 30, 2019 and December 31, 2018, respectively (4,642) (4,092)
Total stockholders' equity 25,232 27,712
Total liabilities and stockholders' equity $ 40,383 $ 39,191