XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Long-term lease receivable, net of current portion $ 961 $ 1,083
Property and equipment, net 4,595 4,638
Goodwill 635 635
Other assets 1,407 1,222
Total assets 26,601 26,218
Current assets:    
Cash and cash equivalents 5,717 6,823
Restricted cash 221 603
Accounts receivable, net 4,019 3,271
Current portion of lease receivable 240 252
Costs and estimated earnings in excess of billings on uncompleted contracts 3,934 3,038
Inventories, net 3,380 3,751
Prepaid expenses and deposits 1,492 902
Total current assets 19,003 18,640
LIABILITIES AND STOCKHOLDERS' EQUITY    
Pension and retirement obligations, net of current portion 4,229 4,344
Pension settlement obligation, net of current portion 4,886 4,886
Long-term debt, net of current portion 1,653 1,764
Deferred rent obligation 1,020 1,231
Total liabilities 24,905 24,621
Commitments and contingencies    
Total liabilities and stockholders' equity 26,601 26,218
Current liabilities:    
Accounts payable 858 1,158
Accrued liabilities 1,354 1,400
Billings in excess of costs and estimated earnings on uncompleted contracts 6,752 6,500
Customer deposits 3,047 2,238
Current portion of retirement obligations 507 507
Current portion of pension settlement obligation 382 382
Current portion of long-term debt 217 211
Total current liabilities 13,117 12,396
Stockholders' equity:    
Preferred stock, no par value: 10,000,000 shares authorized; no shares outstanding 0 0
Common stock, $0.20 par value: 30,000,000 shares authorized; 11,616,866 shares issued 2,323 2,323
Additional paid-in-capital 53,726 53,641
Common stock in treasury, at cost, 264,350 shares (3,532) (3,532)
Accumulated deficit (48,675) (48,689)
Accumulated other comprehensive loss (2,146) (2,146)
Total stockholders' equity $ 1,696 $ 1,597