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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,939 $ 4,676
Trade accounts receivable, net 3,583 3,964
Inventories, net 9,527 13,513
Prepaid expenses and other current assets 1,408 1,733
Total current assets 21,457 23,886
Property, plant and equipment, net 3,828 3,964
Right-of-use (ROU) asset 2,709 2,885
Investment in securities 2,129 2,635
Deferred tax assets, net 4,344 4,373
Other assets 143 197
Total assets 34,610 37,940
Current liabilities:    
Accounts payable 4,472 5,310
Accrued compensation and related taxes 940 1,271
Accrued warranty expense 911 1,248
Accrued other expenses and other current liabilities 385 479
Dividends payable 250 252
Short-term lease liability 417 369
Note payable-current portion 80 78
Deferred revenue 556 369
Total current liabilities 8,011 9,376
Note payable, net of current portion 289 328
Long-term lease liability 2,426 2,606
Deferred revenue 2,724 2,354
Total liabilities 13,450 14,664
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; 13,943,820 and 13,929,381 issued and 12,493,420 and 12,596,923 outstanding shares at June 30, 2020 and December 31, 2019, respectively 8,366 8,357
Additional paid-in capital 26,235 26,095
Accumulated deficit (8,039) (6,043)
Treasury stock, at cost, 1,450,400 and 1,332,458 shares at June 30, 2020 and December 31, 2019, respectively (5,402) (5,133)
Total stockholders' equity 21,160 23,276
Total liabilities and stockholders' equity $ 34,610 $ 37,940