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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 17,578 $ 23,328
Short-term investments 12,136 2,981
Accounts receivable, less current expected credit loss of $111 and $110, respectively 6,729 7,729
Inventories, net 439 392
Prepaid expenses and other current assets 1,439 1,395
Total current assets 38,321 35,825
Property and equipment, net 4,539 4,435
Goodwill 2,116 2,116
Other intangible assets, net 358 397
Right-of-use operating lease assets 609 197
Long-term investments 3,664 6,360
Other assets 781 794
Total assets 50,388 50,124
Current liabilities:    
Accounts payable 2,421 2,710
Accrued liabilities:    
Operating lease liabilities - current 81 125
Employee compensation 1,252 1,105
Other accrued liabilities 1,934 826
Total current liabilities 5,688 4,766
Operating lease liabilities - non-current 533 66
Deferred income taxes 172 177
Other liabilities 281 274
Total liabilities 6,674 5,283
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 31,361,303 and 31,272,303 shares issued, and 30,385,297 and 30,296,297 shares outstanding in 2023 and 2022, respectively 313 313
Additional paid-in capital 164,853 164,422
Accumulated deficit (117,529) (115,991)
Accumulated other comprehensive loss (1,748) (1,728)
Nil coupon perpetual loan notes 76 76
Treasury stock, at cost (Note 5) (2,251) (2,251)
Total stockholders’ equity 43,714 44,841
Total liabilities and stockholders’ equity $ 50,388 $ 50,124