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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 5,904 $ 10,580
Trade accounts receivable, net 6,519 8,229
Inventories, net 22,498 16,978
Prepaid expenses and other current assets 1,282 1,634
Total current assets 36,203 37,421
Property, plant and equipment, net 4,574 4,556
Right-of-use (ROU) asset 2,198 2,399
Investment in securities 697 1,795
Deferred tax assets, net 4,116 4,116
Other assets 137 98
Total assets 47,925 50,385
Current liabilities:    
Accounts payable 9,804 5,883
Accrued compensation and related taxes 1,781 1,099
Accrued warranty expense 551 533
Accrued other expenses and other current liabilities 417 938
Dividends payable 508 505
Short-term lease liability 466 447
Credit facility 3,958 1,470
Notes payable-current portion 272 267
Deferred revenue 1,063 1,045
Total current liabilities 18,820 12,187
Notes payable, net of current portion 468 605
Long-term lease liability 2,032 2,269
Deferred revenue 2,894 2,706
Total liabilities 24,214 17,767
Stockholders' equity:    
Preferred stock; $1.00 par value; 1,000,000 authorized shares; none issued or outstanding 0 0
Common stock; $.60 par value; 50,000,000 authorized shares; 18,368,863 and 18,298,999 issued and 16,918,463 and 16,848,599 outstanding shares at June 30, 2022, and December 31, 2021, respectively 11,021 10,979
Additional paid-in capital 36,197 35,862
Accumulated deficit (18,105) (8,821)
Treasury stock, at cost, 1,450,400 shares at June 30, 2022, and December 31, 2021, respectively (5,402) (5,402)
Total stockholders' equity 23,711 32,618
Total liabilities and stockholders' equity $ 47,925 $ 50,385