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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash $ 944 $ 643
Restricted Cash 231 1,582
Accounts Receivable, less allowances of $297 and $328 16,468 14,548
Employee Retention Credit Receivable 5,209 5,209
Inventories, Net 22,970 19,434
Contract Assets 9,070 8,698
Prepaid Expenses and Other Current Assets 1,563 1,660
Total Current Assets 56,455 51,774
Property and Equipment, Net 6,144 5,833
Operating Lease Assets 8,420 8,983
Other Intangible Assets, Net 471 501
Total Assets 71,490 67,091
Current Liabilities    
Current Portion of Finance Lease Obligations 447 601
Current Portion of Operating Lease Obligations 1,099 1,043
Accounts Payable 14,108 12,710
Accrued Payroll and Commissions 3,961 4,045
Other Accrued Liabilities 4,675 3,907
Total Current Liabilities 24,290 22,306
Long-Term Liabilities    
Long Term Line of Credit 11,360 8,959
Long Term Finance Lease Obligations, Net 734 916
Long-Term Operating Lease Obligations, Net 8,103 8,695
Other Long-Term Liabilities 100 104
Total Long-Term Liabilities 20,297 18,674
Total Liabilities 44,587 40,980
Commitments and Contingencies
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: 2,683,513 and 2,672,064 Shares Issued and Outstanding, respectively 27 27
Additional Paid-In Capital 16,136 15,962
Accumulated Other Comprehensive (Income) Loss (183) 56
Retained Earnings 10,673 9,816
Total Shareholders' Equity 26,903 26,111
Total Liabilities and Shareholders' Equity $ 71,490 $ 67,091