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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 27, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,024 $ 8,365
Restricted cash 252 220
Accounts receivable, net 3,319 3,250
Current portion of lease receivable 274 262
Contract revenue in excess of billings 3,563 3,484
Inventories, net 2,615 3,072
Prepaid expenses and deposits 461 655
Total current assets 16,508 19,308
Long-term lease receivable, net of current portion 367 574
Operating lease right-of-use asset 2,592 187
Property and equipment, net 4,297 4,395
Goodwill 635 635
Other assets 2,009 2,249
Total assets 26,408 27,348
Current liabilities:    
Accounts payable 1,049 1,527
Accrued liabilities 1,428 1,059
Billings in excess of contract revenue 4,198 5,959
Current portion of operating lease liability 300 188
Current portion of retirement obligations 668 621
Current portion of pension settlement obligation 438 438
Current portion of long-term debt 247 237
Total current liabilities 8,328 10,029
Operating lease liability, net of current portion 2,268 0
Retirement obligations, net of current portion 3,430 3,601
Pension settlement obligation, net of current portion 4,042 4,042
Long-term debt, net of current portion 1,116 1,303
Total liabilities 19,184 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 54,034 53,967
Common stock in treasury, at cost, 264,350 shares (3,532) (3,532)
Accumulated deficit (43,651) (42,409)
Accumulated other comprehensive loss (1,976) (1,976)
Total stockholders' equity 7,224 8,373
Total liabilities and stockholders' equity $ 26,408 $ 27,348