XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 40,314,000 $ 21,507,000
Marketable securities 25,000 16,585,000
Accounts receivable, net of reserves of $58 and $86, respectively 373,000 543,000
Inventories, net 226,000 265,000
Prepaid expenses and other current assets 266,000 440,000
Total Current Assets 41,204,000 39,340,000
Net property, plant, and equipment 0 1,000
Right-of-use lease assets 87,000 132,000
Intangible assets, net 72,000 78,000
Deferred income tax assets 216,000 234,000
Total Assets 41,579,000 39,785,000
LIABILITIES AND EQUITY    
Common stock, $0.01 par value - 30,000,000 shares authorized; 5,434,521 shares issued and 5,352,937 shares outstanding at June 30, 2023 and December 31, 2022 53,000 53,000
Additional paid-in capital 46,346,000 46,346,000
Retained earnings (7,302,000) (7,329,000)
Treasury stock, 81,584 shares held in treasury at cost at June 30, 2023 and December 31, 2022 (580,000) (580,000)
Stockholders' Equity 38,517,000 38,490,000
Non-controlling interests 1,872,000 0
Total Equity 40,389,000 38,490,000
Total liabilities and equity 41,579,000 39,785,000
Current Liabilities:    
Accounts payable 58,000 310,000
Accrued compensation and commissions 238,000 170,000
Income taxes payable 0 1,000
Other accrued expenses 207,000 106,000
Total Current Liabilities 503,000 587,000
Other liabilities 687,000 708,000
Total Liabilities 1,190,000 1,295,000
Contingencies (Note M)