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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,296 $ 3,456
Trade accounts receivable, net 11,467 7,902
Inventories, net 22,543 23,952
Prepaid expenses and other current assets 1,991 1,892
Total current assets 39,297 37,202
Property, plant and equipment, net 5,174 5,366
Operating lease right-of-use (ROU) assets 1,448 1,560
Investments 0 742
Deferred tax assets, net 4,116 4,116
Capitalized product development cost 147 0
Other assets 397 422
Total assets 50,579 49,408
Current liabilities:    
Accounts payable 9,067 9,822
Accrued compensation and related taxes 1,577 1,302
Accrued warranty expense 774 722
Accrued other expenses and other current liabilities 371 363
Short-term operating lease liabilities 536 525
Credit facility 7,338 6,476
Notes payable-current portion 48 71
Deferred revenue 1,239 1,137
Total current liabilities 20,950 20,418
Long-term operating lease liabilities 1,122 1,260
Deferred revenue 6,990 6,419
Total liabilities 29,062 28,097
Stockholders' equity:    
Preferred stock; $1.00 par value; 1,000,000 authorized shares; none issued or outstanding 0 0
Common stock; $0.60 par value; 10,000,000 authorized shares; 3,871,792 and 3,867,082 issued and 3,529,712 and 3,577,002 outstanding shares as of March, 31, 2024 and December 31, 2023, respectively 2,323 2,320
Additional paid-in capital 48,775 48,602
Accumulated deficit (23,528) (24,209)
Treasury stock, at cost, 342,080 and 290,080 shares as of March 31, 2024, and December 31, 2023, respectively (6,053) (5,402)
Total stockholders' equity 21,517 21,311
Total liabilities and stockholders' equity $ 50,579 $ 49,408