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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 15,661,000 $ 6,826,000
Trade accounts receivable, net 7,210,000 6,466,000
Inventories, net 12,036,000 9,441,000
Prepaid expenses and other current assets 1,866,000 1,878,000
Total current assets 36,773,000 24,611,000
Property, plant and equipment, net 4,426,000 3,566,000
Right-of-use (ROU) asset 2,594,000 2,887,000
Investment in securities 4,481,000 2,014,000
Deferred tax assets, net 4,116,000 4,300,000
Other assets 101,000 112,000
Total assets 52,491,000 37,490,000
Current liabilities:    
Accounts payable 6,316,000 5,119,000
Accrued compensation and related taxes 1,481,000 1,635,000
Accrued warranty expense 644,000 791,000
Accrued other expenses and other current liabilities 364,000 307,000
Dividends payable 0 250,000
Short-term lease liability 428,000 525,000
Credit facility 1,470,000 0
Notes payable-current portion 262,000 82,000
Deferred revenue 934,000 757,000
Total current liabilities 11,899,000 9,466,000
Notes payable, net of current portion- 740,000 247,000
Long-term lease liability 2,498,000 2,702,000
Deferred revenue- 2,327,000 2,551,000
Total liabilities 17,464,000 14,966,000
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; 18,236,121 and 13,962,366 issued and 16,785,721 and 12,511,966 outstanding shares at June 30, 2021, and December 31, 2020, respectively 10,941,000 8,377,000
Additional paid-in capital 35,534,000 26,346,000
Accumulated deficit (6,046,000) (6,797,000)
Treasury stock, at cost, 1,450,400 shares at June 30, 2021, and December 31, 2020, respectively (5,402,000) (5,402,000)
Total stockholders' equity 35,027,000 22,524,000
Total liabilities and stockholders' equity $ 52,491,000 $ 37,490,000