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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Sep. 30, 2017
Current assets:    
Cash and cash equivalents $ 933 $ 434
Accounts receivable    
Trade, net of allowance of $2,019 at December 31, 2017 and $2,404 at September 30, 2017 2,267 2,530
Unbilled revenues and other 450 615
Inventories, net 931 913
Prepaid expenses 987 814
Total current assets 5,568 5,306
Property and equipment, net 14,740 14,965
Lease rent receivable 96 87
Deferred tax asset 68 0
Goodwill 38 38
Other assets 20 21
Total assets 20,530 20,417
Current liabilities:    
Accounts payable 1,725 2,052
Restructuring liability 1,117 1,117
Accrued expenses 1,380 1,202
Customer advances 3,263 2,980
Income taxes payable 21 20
Revolving line of credit 0 0
Current portion of capital lease obligation 130 128
Current portion of long-term debt 226 224
Total current liabilities 7,862 7,723
Capital lease obligation, less current portion 36 69
Long-term debt, less current portion, net of debt issuance costs 4,104 4,158
Total liabilities 12,002 11,950
Shareholders’ equity:    
Preferred shares, authorized 1,000,000 shares, no par value: 1,035 Series A shares at $1,000 stated value issued and outstanding at December 31, 2017 and at September 30, 2017 1,035 1,035
Common shares, no par value: Authorized 19,000,000 shares; 8,244,201 issued and outstanding at December 31, 2017 and 8,243,896 at September 30, 2017 2,023 2,023
Additional paid-in capital 21,481 21,446
Accumulated deficit (16,011) (16,037)
Total shareholders’ equity 8,528 8,467
Total liabilities and shareholders’ equity $ 20,530 $ 20,417