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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 4,034 $ 10,580
Trade accounts receivable, net 5,379 8,229
Inventories, net 26,332 16,978
Prepaid expenses and other current assets 1,711 1,634
Total current assets 37,456 37,421
Property, plant and equipment, net 4,454 4,556
Right-of-use (ROU) asset 2,095 2,399
Investments 773 1,795
Deferred tax assets, net 4,116 4,116
Other assets 144 98
Total assets 49,038 50,385
Current liabilities:    
Accounts payable 13,257 5,883
Accrued compensation and related taxes 1,461 1,099
Accrued warranty expense 587 533
Accrued other expenses and other current liabilities 772 938
Dividends payable 510 505
Short-term lease liability 476 447
Credit facility 4,458 1,470
Notes payable-current portion 274 267
Deferred revenues 1,029 1,045
Total current liabilities 22,824 12,187
Notes payable, net of current portion 400 605
Long-term lease liability 1,909 2,269
Deferred revenue 2,912 2,706
Total liabilities 28,045 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; 18,434,697 and 18,298,999 issued and 16,984,297 and 16,848,599 outstanding shares at September 30, 2022, and December 31, 2021, respectively 11,061 10,979
Additional paid-in capital 36,352 35,862
Accumulated deficit (21,018) (8,821)
Treasury stock, at cost, 1,450,400 shares at September 30, 2022, and December 31, 2021, respectively (5,402) (5,402)
Total stockholders' equity 20,993 32,618
Total liabilities and stockholders' equity $ 49,038 $ 50,385