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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash $ 661 $ 352 [1]
Restricted Cash 592 3,212 [1]
Accounts Receivable, less allowances of $459 and $343 16,670 15,625 [1]
Inventories, Net 18,301 13,917
Contract Assets 6,918 5,899 [1]
Income Taxes Receivable 1,257 547 [1]
Prepaid Expenses and Other Current Assets 1,773 1,485 [1]
Total Current Assets 46,172 41,037 [1]
Property and Equipment, Net 5,744 6,426 [1]
Assets Held For Sale 430 0 [1]
Operating Lease Assets 9,336 8,998 [1]
Other Intangible Assets, Net 1,130 1,173 [1]
Total Assets 62,812 57,634 [1]
Current Liabilities    
Current Maturities of Line of Credit 7,667 0
Current Maturities of Long-Term Debt 3,049 1,204 [1]
Current Portion of Finance Lease Obligation 641 660
Current Portion of Operating Lease Obligations 1,013 688 [1]
Accounts Payable 12,815 11,239 [1]
Accrued Payroll and Commissions 3,556 2,870 [1]
Other Accrued Liabilities 2,691 2,875 [1]
Total Current Liabilities 31,432 19,536 [1]
Long-Term Liabilities    
Long-Term Line of Credit 0 3,328 [1]
Long-Term Debt, Net 3,798 5,865
Long Term Finance Lease Obligation, Net 845 1,152
Long-Term Operating Lease Obligation, Net 8,995 8,889 [1]
Other Long-Term Liabilities 329 146 [1]
Total Long-Term Liabilities 13,967 19,380 [1]
Total Liabilities 45,399 38,916 [1]
Commitments and Contingencies
Shareholders' Equity    
Preferred Stock, $1 par value; 1,000,000 Shares Authorized: 250,000 Shares Issued and Outstanding 250 250 [1]
Common Stock - $0.01 par value; 9,000,000 Shares Authorized: 2,660,330 and 2,659,628 Shares Issued and Outstanding, respectively 27 27 [1]
Additional Paid-In Capital 15,862 15,816 [1]
Accumulated Other Comprehensive Loss (13) (37) [1]
Retained Earnings 1,287 2,662 [1]
Total Shareholders' Equity 17,413 18,718 [1]
Total Liabilities and Shareholders' Equity $ 62,812 $ 57,634 [1]
[1] The balance sheet at December 31, 2020 has been derived from the audited financial statements at that date