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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash $ 351 $ 480
Restricted Cash 309 467
Accounts Receivable, less allowances of $335 and $222 18,558 20,093
Inventories 14,279 17,004
Contract Assets 7,659 6,431
Prepaid Assets and Other Current Assets 2,128 1,381
Total Current Assets 43,284 45,856
Property and Equipment, Net 9,581 10,178
Operating Lease Assets 4,827
Goodwill 2,375 2,375
Other Intangible Assets, Net 1,343 1,523
Other Non Current Assets 28
Total Assets 61,410 59,960
Current Liabilities    
Current Portion of Long-Term Debt 444 780
Current Portion of Finance Lease Obligations 557 337
Current Portion of Operating Leases 858
Accounts Payable 14,014 18,142
Accrued Payroll and Commissions 3,493 2,747
Other Accrued Liabilities 2,866 2,886
Total Current Liabilities 22,232 24,892
Long-Term Liabilities    
Long-term Line of Credit 10,088 9,264
Long-Term Debt, Net of Current Maturities 3,179 3,624
Long-Term Finance Lease Obligations, Net of Current Portion 1,451 951
Long-Tem Operating Lease Obligations, Net of current Portion 4,366
Other Long-Term Liabilities 118 139
Total Long-Term Liabilities 19,202 13,978
Total Liabilities 41,434 38,870
Shareholders' Equity    
Preferred Stock, $1 par value; 1,000,000 Shares Authorized; 250,000 Shares Issued and Outstanding 250 250
Common Stock - $0.01 par value; 9,000,000 Shares Authorized; 2,657,530 and 2,739,250 Shares Issued and Outstanding, respectively 27 27
Additional Paid-In Capital 15,748 15,610
Accumulated Other Comprehensive Loss (257) (233)
Retained Earnings 4,208 5,436
Total Shareholders' Equity 19,976 21,090
Total Liabilities and Shareholders' Equity $ 61,410 $ 59,960