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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
BALANCE at Dec. 31, 2017 $ 250,000 $ 27,000 $ 15,760,000 $ (101,000) $ 3,889,000 $ 19,825,000
Net Income (Loss) 362,000 362,000
Cumulative Adjustment 1,381,000 1,381,000
Foreign currency translation adjustment (137,000) (137,000)
Compensation on stock-based awards 80,000 80,000
Share repurchases (228,000) (228,000)
BALANCE at Sep. 30, 2018 250,000 27,000 15,612,000 (238,000) 5,632,000 21,283,000
BALANCE at Jun. 30, 2018 250,000 27,000 15,619,000 (155,000) 5,268,000 21,009,000
Net Income (Loss) 364,000 364,000
Cumulative Adjustment
Foreign currency translation adjustment (83,000) (83,000)
Compensation on stock-based awards 35,000 35,000
Share repurchases (42,000) (42,000)
BALANCE at Sep. 30, 2018 250,000 27,000 15,612,000 (238,000) 5,632,000 21,283,000
BALANCE at Dec. 31, 2018 250,000 27,000 15,610,000 (233,000) 5,436,000 21,090,000 [1]
Net Income (Loss) (1,502,000) (1,502,000)
Foreign currency translation adjustment (56,000) (56,000)
Compensation on stock-based awards 226,000 226,000
Share repurchases (130,000) (130,000)
Stock option exercises 7,000 7,000
BALANCE at Sep. 30, 2019 250,000 27,000 15,713,000 (289,000) 3,934,000 19,635,000
BALANCE at Jun. 30, 2019 250,000 27,000 15,682,000 (233,000) 3,521,000 19,247,000
Net Income (Loss) 413,000 413,000
Foreign currency translation adjustment (56,000) (56,000)
Compensation on stock-based awards 35,000 35,000
Share repurchases (4,000) (4,000)
BALANCE at Sep. 30, 2019 $ 250,000 $ 27,000 $ 15,713,000 $ (289,000) $ 3,934,000 $ 19,635,000
[1] The balance sheet at December 31, 2018 has been derived from the audited financial statements at that date.