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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 8,165 $ 3,938
Accounts receivable, net of allowance for doubtful accounts of $64 in 2017 and $50 in 2016 4,488 5,837
Prepaid expenses and other current assets 1,212 1,079
Total Current Assets 13,865 10,854
Property and equipment:    
Computer software 3,614 3,085
Office furniture and equipment 1,961 1,680
Laboratory equipment 15,504 15,182
Leasehold improvements 2,402 2,311
Property and equipment - gross 23,481 22,258
Less–accumulated depreciation and amortization (11,670) (8,900)
Property and equipment - net 11,811 13,358
Other assets 832 820
Total Assets 26,508 25,032
Current Liabilities:    
Accounts payable 398 1,363
Accrued expenses 2,870 1,988
Current portion of long-term debt 957 1,144
Total Current Liabilities 4,225 4,495
Long-term debt 2,420 2,237
Deferred tax liabilities, long-term 1,243 2,693
Total Liabilities 7,888 9,425
Commitments and Contingencies (Note 9)
Shareholders' Equity:    
Preferred stock, $0.005 par value, 873 shares authorized, no shares issued or outstanding
Common stock, $0.005 par value; 50,000 shares authorized 6,160 shares issued in 2017 and 6,128 shares issued 2016, 5,492 shares outstanding in 2017 and 5,460 shares outstanding in 2016 31 31
Accumulated other comprehensive loss (238)
Additional paid-in capital 31,022 30,603
Less - Treasury stock, at cost, 668 shares (10,082) (10,082)
Accumulated deficit (2,113) (4,945)
Total Shareholders' Equity 18,620 15,607
Total Liabilities and Shareholders' Equity $ 26,508 $ 25,032