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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 6,363 $ 6,826
Trade accounts receivable, net 4,566 6,466
Inventories, net 10,511 9,441
Prepaid expenses and other current assets 1,821 1,878
Total current assets 23,261 24,611
Property, plant and equipment, net 4,299 3,566
Right-of-use (ROU) asset 2,689 2,887
Investment in securities 2,219 2,014
Deferred tax assets, net 4,300 4,300
Other assets 118 112
Total assets 36,886 37,490
Current liabilities:    
Accounts payable 5,418 5,119
Accrued compensation and related taxes 1,320 1,635
Accrued warranty expense 718 791
Accrued other expenses and other current liabilities 162 307
Dividends payable 251 250
Short-term lease liability 418 525
Credit facility 800 0
Note payable-current portion 82 82
Deferred revenue 847 757
Total current liabilities 10,016 9,466
Note payable, net of current portion 226 247
Long-term lease liability 2,607 2,702
Deferred revenue 2,323 2,551
Total liabilities 15,172 14,966
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; 13,986,871 and 13,962,366 issued and 12,536,471 and 12,511,966 outstanding shares at March 31, 2021 and December 31, 2020, respectively 8,392 8,377
Additional paid-in capital 26,466 26,346
Accumulated deficit (7,742) (6,797)
Treasury stock, at cost, 1,450,400 shares at March 31, 2021, and December 31, 2020, respectively (5,402) (5,402)
Total stockholders' equity 21,714 22,524
Total liabilities and stockholders' equity $ 36,886 $ 37,490