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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 4,676 $ 11,268
Trade accounts receivable, net 3,964 5,721
Inventories, net 13,513 11,466
Prepaid expenses and other current assets 1,733 2,401
Total current assets 23,886 30,856
Property, plant and equipment, net 3,964 2,729
Right-of-use (ROU) asset 2,885 0
Investment in securities 2,635 1,919
Deferred tax assets, net 4,373 3,495
Other assets 197 192
Total assets 37,940 39,191
Current liabilities:    
Accounts payable 5,310 5,595
Accrued compensation and related taxes 1,271 2,014
Accrued warranty expense 1,248 1,546
Accrued other expenses and other current liabilities 479 292
Dividends payable 252 256
Short-term lease liability 369 0
Note payable-current portion 78 0
Deferred revenue 369 180
Total current liabilities 9,376 9,883
Note payable, net of current portion 328 0
Long-term lease liability 2,606 0
Deferred revenue 2,354 1,596
Total liabilities 14,664 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 12,596,923 and 12,817,829 outstanding shares at December 31, 2019 and 2018, respectively 8,357 8,330
Additional paid-in capital 26,095 25,867
Retained earnings (6,043) (2,393)
Treasury stock, at cost, 1,332,458 and 1,065,108 shares at December 31, 2019 and 2018, respectively (5,133) (4,092)
Total stockholders' equity 23,276 27,712
Total liabilities and stockholders' equity $ 37,940 $ 39,191