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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,688 $ 1,918
Trade accounts receivable, net 9,189 10,616
Inventories, net 22,911 22,105
Prepaid expenses and other current assets 1,382 1,578
Total current assets 36,170 36,217
Property, plant and equipment, net 5,025 4,884
Right-of-use (ROU) assets 1,777 1,991
Investments 992 1,481
Deferred tax assets, net 4,116 4,116
Other assets 379 143
Total assets 48,459 48,832
Current liabilities:    
Accounts payable 12,549 12,898
Accrued compensation and related taxes 1,572 1,143
Accrued warranty expense 730 591
Accrued other expenses and other current liabilities 786 700
Short-term lease liabilities 503 485
Credit facility 6,516 5,854
Notes payable-current portion 93 277
Deferred revenues 1,055 1,022
Total current liabilities 23,804 22,970
Notes payable, net of current portion 24 329
Long-term lease liabilities 1,529 1,785
Deferred revenue 5,276 3,613
Total liabilities 30,633 28,697
Stockholders' equity:    
Preferred stock; $1.00 par value; 1,000,000 authorized shares; none issued or outstanding 0 0
Common stock; $.60 par value; 10,000,000 authorized shares; 3,694,298 and 3,686,939 issued and 3,404,218 and 3,396,859 outstanding shares at June 30, 2023 and December 31, 2022, respectively 2,217 2,212
Additional paid-in capital 45,600 45,304
Accumulated deficit (24,589) (21,979)
Treasury stock, at cost, 290,080 shares at June 30, 2023, and December 31, 2022, respectively (5,402) (5,402)
Total stockholders' equity 17,826 20,135
Total liabilities and stockholders' equity $ 48,459 $ 48,832