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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 8,825 $ 11,268
Trade accounts receivable, net 2,871 5,721
Inventories, net 14,450 11,466
Prepaid expenses and other current assets 1,792 2,401
Total current assets 27,938 30,856
Property, plant and equipment, net 4,134 2,729
Right-of-use (ROU) asset 2,558 0
Investment in securities 2,105 1,919
Deferred tax assets, net 3,911 3,495
Other assets 223 192
Total assets 40,869 39,191
Current liabilities:    
Accounts payable 6,854 5,595
Accrued compensation and related taxes 1,160 2,014
Accrued warranty expense 1,390 1,546
Accrued other expenses and other current liabilities 512 292
Dividends payable 253 256
Short-term lease liability 263 0
Note payable-current portion 77 0
Deferred revenue 281 180
Total current liabilities 10,790 9,883
Note payable, net of current portion 348 0
Long-term lease liability 2,295 0
Deferred revenue 2,419 1,596
Total liabilities 15,852 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; 13,929,381 and 13,882,937 issued; and 12,672,056 and 12,817,829 outstanding shares at September 30, 2019 and December 31, 2018, respectively 8,357 8,330
Additional paid-in capital 26,037 25,867
Accumulated deficit (4,482) (2,393)
Treasury stock, at cost, 1,257,325 and 1,065,108 shares at September 30, 2019 and December 31, 2018, respectively (4,895) (4,092)
Total stockholders' equity 25,017 27,712
Total liabilities and stockholders' equity $ 40,869 $ 39,191