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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,381 $ 4,676
Trade accounts receivable, net 5,778 3,964
Inventories, net 8,426 13,513
Prepaid expenses and other current assets 1,455 1,733
Total current assets 22,040 23,886
Property, plant and equipment, net 3,701 3,964
Right-of-use (ROU) asset 3,013 2,885
Investment in securities 1,838 2,635
Deferred tax assets, net 4,272 4,373
Other assets 122 197
Total assets 34,986 37,940
Current liabilities:    
Accounts payable 3,129 5,310
Accrued compensation and related taxes 1,428 1,271
Accrued warranty expense 911 1,248
Accrued other expenses and other current liabilities 660 479
Dividends payable 250 252
Short-term lease liability 496 369
Note payable-current portion 81 78
Deferred revenue 667 369
Total current liabilities 7,622 9,376
Note payable, net of current portion 268 328
Long-term lease liability 2,829 2,606
Deferred revenue 2,622 2,354
Total liabilities 13,341 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; 13,962,366 and 13,929,381 issued and 12,511,966 and 12,596,923 outstanding shares at September 30, 2020 and December 31, 2019, respectively 8,377 8,357
Additional paid-in capital 26,281 26,095
Accumulated deficit (7,611) (6,043)
Treasury stock, at cost, 1,450,400 and 1,332,458 shares at September 30, 2020 and December 31, 2019, respectively (5,402) (5,133)
Total stockholders' equity 21,645 23,276
Total liabilities and stockholders' equity $ 34,986 $ 37,940