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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 15,254 $ 18,331
Marketable securities 5,993 5,791
Accounts receivable, net of allowances of $196 and $189, respectively 4,654 4,122
Inventories, net 5,548 5,280
Prepaid expenses and other current assets 270 257
Total Current Assets 31,719 33,781
Property, plant and equipment:    
Land 536 536
Buildings and improvements 4,822 4,810
Machinery and equipment 18,162 17,775
Gross property, plant and equipment 23,520 23,121
Less: accumulated depreciation (20,568) (20,336)
Net property, plant, and equipment 2,952 2,785
Right-of-use lease assets 362 422
Equity investment in unconsolidated subsidiary 5,045 3,072
Intangible assets, net 290 327
Deferred income taxes, net 2,996 3,052
Other assets 35 16
Total Assets 43,399 43,455
Current Liabilities:    
Accounts payable 1,568 1,265
Accrued compensation and commissions 1,104 1,324
Other accrued expenses 610 808
Total Current Liabilities 3,282 3,397
Long-term lease liabilities 246 293
Total Liabilities 3,528 3,690
Contingencies (Note N)
Stockholders’ Equity    
Common stock, $0.01 par value - 10,000,000 shares authorized; 5,383,300 shares issued and 5,272,204 shares outstanding at June 30, 2021, and 5,409,550 shares issued and 5,272,204 shares outstanding at December 31, 2020 53 53
Additional paid-in capital 45,574 45,477
Accumulated deficit (5,176) (5,185)
Treasury stock, 81,584 shares held in treasury at cost at June 30, 2021 and December 31, 2020 (580) (580)
Total Stockholders' Equity 39,871 39,765
Total Liabilities and Stockholders' Equity $ 43,399 $ 43,455