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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,918 $ 10,580
Trade accounts receivable, net 10,616 8,229
Inventories, net 22,105 16,978
Prepaid expenses and other current assets 1,578 1,634
Total current assets 36,217 37,421
Property, plant and equipment, net 4,884 4,556
Right-of-use (ROU) assets 1,991 2,399
Investments 1,481 1,795
Deferred tax assets, net 4,116 4,116
Other assets 143 98
Total assets 48,832 50,385
Current liabilities:    
Accounts payable 12,898 5,883
Accrued compensation and related taxes 1,143 1,099
Accrued warranty expense 591 533
Accrued other expenses and other current liabilities 700 938
Dividends payable 0 505
Short-term lease liability 485 447
Credit facility 5,854 1,470
Notes payable-current portion 277 267
Deferred revenues 1,022 1,045
Total current liabilities 22,970 12,187
Notes payable, net of current portion 329 605
Long-term lease liability 1,785 2,269
Deferred revenue 3,613 2,706
Total liabilities 28,697 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 16,984,295 and 16,848,599 outstanding shares at December 31, 2022, and 2021, respectively 11,061 10,979
Additional paid-in capital 36,455 35,862
Accumulated deficit (21,979) (8,821)
Treasury stock, at cost, 1,450,400 shares at December 31, 2022, and 2021, respectively (5,402) (5,402)
Total stockholders' equity 20,135 32,618
Total liabilities and stockholders' equity $ 48,832 $ 50,385