XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 29, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,244 $ 8,365
Restricted cash 251 220
Accounts receivable, net 3,794 3,250
Current portion of lease receivable 266 262
Contract revenue in excess of billings 2,525 3,484
Inventories, net 3,350 3,072
Prepaid expenses and deposits 777 655
Total current assets 17,207 19,308
Long-term lease receivable, net of current portion 506 574
Operating lease right-of-use asset 49 187
Property and equipment, net 4,387 4,395
Goodwill 635 635
Other assets 2,159 2,249
Total assets 24,943 27,348
Current liabilities:    
Accounts payable 1,263 1,527
Accrued liabilities 1,303 1,059
Billings in excess of contract revenue 4,414 5,959
Current portion of operating lease liability 49 188
Current portion of retirement obligations 643 621
Current portion of pension settlement obligation 438 438
Current portion of long-term debt 240 237
Total current liabilities 8,350 10,029
Retirement obligations, net of current portion 3,533 3,601
Pension settlement obligation, net of current portion 4,042 4,042
Long-term debt, net of current portion 1,241 1,303
Total liabilities 17,166 18,975
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; 11,746,866 shares issued 2,349 2,323
Additional paid-in-capital 53,988 53,967
Common stock in treasury, at cost, 264,350 shares (3,532) (3,532)
Accumulated deficit (43,052) (42,409)
Accumulated other comprehensive loss (1,976) (1,976)
Total stockholders' equity 7,777 8,373
Total liabilities and stockholders' equity $ 24,943 $ 27,348