XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 3,217,000 $ 3,334,000
Accounts receivable 1,032,000 1,566,000
Prepaid expenses 169,000 152,000
Total current assets 4,418,000 5,052,000
Noncurrent Assets:    
Property and equipment, net 333,000 335,000
Finance leases, right-of-use assets, net 52,000 62,000
Operating leases, right-of-use assets, net 1,285,000 1,348,000
Other assets 38,000 38,000
Total noncurrent assets 1,708,000 1,783,000
TOTAL ASSETS 6,126,000 6,835,000
Current Liabilities:    
Accounts payable and accrued expenses 1,051,000 1,080,000
Dividends payable 53,000 20,000
Finance leases liability, current portion 43,000 43,000
Operating leases liability, current portion 288,000 284,000
Deferred revenue 284,000 516,000
Total current liabilities 1,719,000 1,943,000
Noncurrent Liabilities:    
Operating leases liability, noncurrent portion 1,244,000 1,315,000
Finance leases liability, noncurrent portion 11,000 21,000
Total noncurrent liabilities 1,255,000 1,336,000
Commitments and contingencies
Stockholders’ equity:    
Issued shares — 13,788 in 2020 and 13,552 in 2019 Outstanding shares — 13,778 in 2020 and 13,542 in 2019 138,000 136,000
Common stock held in treasury, at cost – 10 shares (362,000) (362,000)
Additional paid-in capital 56,914,000 56,759,000
Accumulated deficit (55,242,000) (54,777,000)
Accumulated other comprehensive loss (43,000) (43,000)
Total stockholders’ equity 3,152,000 3,556,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 6,126,000 6,835,000
Series 1 Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock 707,000 707,000
Series 2 Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock 661,000 724,000
Series 3 Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock $ 379,000 $ 412,000