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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 7,007,000 $ 8,763,000
Investment 258,000 343,000
Accounts receivable, net of allowance for doubtful accounts of $64,000 and $83,000 as of December 31, 2018 and 2017, respectively 4,935,000 4,597,000
Accounts receivable, related party 383,000 361,000
Inventories 9,878,000 10,249,000
Prepaid expenses 3,999,000 2,665,000
Total current assets 26,460,000 26,978,000
Property and equipment, net 3,244,000 3,158,000
Goodwill 55,000 55,000
Definite-lived intangible assets, net 16,000 21,000
Deferred income tax assets 19,000
Equity investments in unconsolidated affiliate 4,480,000 3,893,000
Total assets 34,255,000 34,124,000
Current liabilities:    
Accounts payable 578,000 1,236,000
Accrued liabilities 1,342,000 1,565,000
Total current liabilities 1,920,000 2,801,000
Deferred income tax liabilities 141,000
Total liabilities 2,061,000 2,801,000
Commitments
Shareholders' equity:    
Common stock, $.01 par value: 50,000,000 shares authorized; 13,502,684 and 14,290,749 shares outstanding as of December 31, 2018 and 2017, respectively 135,000 143,000
Additional paid-in capital 2,669,000 5,415,000
Accumulated other comprehensive loss (458,000)
Retained earnings 29,390,000 26,223,000
Total shareholders' equity 32,194,000 31,323,000
Total liabilities and shareholders' equity $ 34,255,000 $ 34,124,000