XML 40 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 5,962 $ 8,365
Restricted cash 31 220
Accounts receivable, net 4,957 3,250
Current portion of lease receivable 278 262
Contract revenue in excess of billings 2,655 3,484
Inventories, net 2,516 3,072
Prepaid expenses and deposits 652 655
Total current assets 17,051 19,308
Long-term lease receivable, net of current portion 295 574
Operating lease right-of-use asset 2,509 187
Property and equipment, net 4,260 4,395
Goodwill 635 635
Other assets 1,928 2,249
Total assets 26,678 27,348
Current liabilities:    
Accounts payable 1,243 1,527
Accrued liabilities 1,214 1,059
Billings in excess of contract revenue 5,428 5,959
Current portion of operating lease liability 307 188
Current portion of retirement obligations 682 621
Current portion of pension settlement obligation 468 438
Current portion of long-term debt 251 237
Total current liabilities 9,593 10,029
Operating lease liability, net of current portion 2,189 0
Retirement obligations, net of current portion 3,585 3,601
Pension settlement obligation, net of current portion 3,575 4,042
Long-term debt, net of current portion 1,052 1,303
Total liabilities 19,994 18,975
Commitments and contingencies 0 0
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 54,057 53,967
Common stock in treasury, at cost, 264,350 shares (3,532) (3,532)
Accumulated deficit (44,008) (42,409)
Accumulated other comprehensive loss (2,182) (1,976)
Total stockholders' equity 6,684 8,373
Total liabilities and stockholders' equity $ 26,678 $ 27,348