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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 5,154 $ 5,276
Restricted cash 405 312
Accounts receivable, net 5,504 3,794
Current portion of lease receivable 255 247
Contract revenue in excess of billings 4,657 2,763
Inventories, net 4,258 3,973
Prepaid expenses and deposits 688 712
Total current assets 20,921 17,077
Long-term lease receivable, net of current portion 707 836
Property and equipment, net 4,447 4,527
Goodwill 635 635
Other assets 2,039 1,955
Total assets 28,749 25,030
Current liabilities:    
Accounts payable 1,900 1,667
Accrued liabilities 1,318 912
Billings in excess of contract revenue 9,229 7,117
Current portion of retirement obligations 469 500
Current portion of pension settlement obligation 409 409
Current portion of long-term debt 231 224
Total current liabilities 13,556 10,829
Retirement obligations, net of current portion 4,059 4,150
Pension settlement obligation, net of current portion 4,478 4,478
Long-term debt, net of current portion 1,423 1,540
Deferred rent obligation 591 808
Total liabilities 24,107 21,805
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 53,894 53,818
Common stock in treasury, at cost, 264,350 shares (3,532) (3,532)
Accumulated deficit (45,867) (47,208)
Accumulated other comprehensive loss (2,176) (2,176)
Total stockholders' equity 4,642 3,225
Total liabilities and stockholders' equity $ 28,749 $ 25,030