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Condensed Consolidated Balance Sheet (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash $ 1,267 $ 1,027
Restricted Cash 1,366 1,454
Accounts Receivable, less allowances of $303 and $334 16,219 15,975
Employee Retention Credit Receivable 2,650 2,650
Inventories, Net 21,344 22,438
Contract Assets, less allowances of $20 and $0 10,790 9,982
Prepaid Expenses 1,933 1,334
Total Current Assets 55,569 54,860
Property and Equipment, Net 6,543 6,408
Operating Lease Assets 7,561 7,850
Other Intangible Assets, Net 382 422
Total Assets 70,055 69,540
Current Liabilities    
Current Portion of Finance Lease Obligations 394 390
Current Portion of Operating Lease Obligations 1,130 1,155
Accounts Payable 13,082 14,792
Accrued Payroll and Commissions 6,048 4,803
Income Taxes Payable 837 733
Customer Deposits 4,830 3,515
Other Accrued Liabilities 1,128 1,010
Total Current Liabilities 27,449 26,398
Long-Term Liabilities    
Long Term Line of Credit 5,845 6,853
Long Term Finance Lease Obligations, Net 465 565
Long-Term Operating Lease Obligations, Net 7,297 7,549
Other Long-Term Liabilities 94 95
Total Long-Term Liabilities 13,701 15,062
Total Liabilities 41,150 41,460
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: 2,700,633 and 2,690,633 Shares Issued and Outstanding, respectively 27 27
Additional Paid-In Capital 16,481 16,347
Accumulated Other Comprehensive Loss (330) (370)
Retained Earnings 12,477 11,826
Total Shareholders' Equity 28,905 28,080
Total Liabilities and Shareholders' Equity $ 70,055 $ 69,540