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Consolidated Balance Sheets Statement (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 2,389 $ 3,986
Restricted cash 666 170
Available-for-sale investments, at quoted market value (cost of $2,276 and $3,142 at March 31, 2014 and December 31, 2013, respectively) 3,041 3,535
Accounts receivable – trade, net 1,767 1,414
Inventories, net 3,903 3,816
Deferred cost of goods sold 136 849
Prepaid expenses and other current assets 499 926
Total current assets 12,401 14,696
Property and equipment, net 903 941
Intangible and other assets, net 421 432
Total assets 13,725 16,069
Current liabilities    
Current portion of capital lease obligation 5 8
Revolving lines of credit 479 583
Current portion of term loan 762 753
Accounts payable 3,033 2,323
Accrued liabilities 2,127 2,336
Advances on contracts in progress 1,525 1,433
Deferred compensation 3,041 3,535
Liabilities of discontinued operations 21 21
Total current liabilities 10,993 10,992
Long-term portion of term loan 4,870 5,064
Other long-term liabilities 899 726
Total long-term liabilities 5,769 5,790
Total liabilities 16,762 16,782
Stockholders’ deficit    
Common stock, $0.01 par value; 20,000,000 shares authorized; 9,207,874 shares issued and outstanding on March 31, 2014 and December 31, 2013 93 93
Additional paid-in capital 23,275 23,267
Accumulated deficit (27,544) (24,422)
Accumulated other comprehensive income 765 393
Total Spire Corporation stockholders' deficit (3,411) (669)
Noncontrolling interest 374 (44)
Total stockholders’ deficit (3,037) (713)
Total liabilities and stockholders’ deficit $ 13,725 $ 16,069