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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 9,820 $ 15,508
Marketable securities 8,920 3,775
Accounts receivable, net of allowances of $90 and $40, respectively 5,041 3,394
Inventories, net 5,761 4,466
Prepaid expenses and other current assets 271 242
Total Current Assets 29,813 27,385
Property, plant and equipment:    
Land 536 536
Buildings and improvements 4,545 4,029
Machinery and equipment 17,188 17,012
Gross property, plant and equipment 22,269 21,577
Less: accumulated depreciation (19,693) (19,491)
Net property, plant, and equipment 2,576 2,086
Intangible assets, net 439 477
Deferred income taxes, net 103 127
Right-of-use lease asset 408  
Total Assets 33,339 30,075
Current Liabilities:    
Accounts payable 2,255 1,418
Accrued compensation and commissions 1,211 1,143
Other accrued expenses 749 191
Total Current Liabilities 4,215 2,752
Commitments and Contingencies (Note L)
Stockholders’ Equity    
Common stock, $0.01 par value - 10,000,000 shares authorized; 4,958,062 shares issued and 4,886,478 shares outstanding at June 30, 2019, and 4,912,762 shares issued and 4,831,178 shares outstanding at December 31, 2018 49 49
Additional paid-in capital 41,303 41,023
Accumulated deficit (11,648) (13,169)
Treasury stock, 81,584 shares held in treasury at cost at June 30, 2019 and December 31, 2018 (580) (580)
Total Stockholders' Equity 29,124 27,323
Total Liabilities and Stockholders' Equity $ 33,339 $ 30,075