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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 5,502,000 $ 7,007,000 [1]
Investments 735,000 258,000 [1]
Accounts receivable, net of allowance for doubtful accounts of $58,000 and $64,000 as of June 30, 2019 and December 31, 2018 5,185,000 4,935,000 [1]
Accounts receivable, related party 837,000 383,000 [1]
Inventories 10,869,000 9,878,000 [1]
Right-of-use assets 675,000 [1]
Prepaid expenses 3,410,000 3,999,000 [1]
Total current assets 27,213,000 26,460,000 [1]
Property and equipment, net 3,232,000 3,244,000 [1]
Goodwill 55,000 55,000 [1]
Definite-lived intangible assets, net 14,000 16,000 [1]
Right-of-use assets, net of current portion 2,414,000 [1]
Equity investment in unconsolidated affiliate 4,841,000 4,480,000 [1]
Total assets 37,769,000 34,255,000 [1]
Current liabilities:    
Accounts payable 696,000 578,000 [1]
Accrued liabilities 699,000 1,342,000 [1]
Lease liabilities 666,000 [1]
Total current liabilities 2,061,000 1,920,000 [1]
Lease liabilities, net of current portion 2,462,000 [1]
Deferred income tax liabilities, net 141,000 141,000 [1]
Total liabilities 4,664,000 2,061,000 [1]
Commitments
Shareholders' equity:    
Common stock, $.01 par value: 50,000,000 shares authorized; 13,109,018 and 13,502,684 shares outstanding as of June 30, 2019 and December 31, 2018, respectively 131,000 135,000 [1]
Additional paid-in capital 1,356,000 2,669,000 [1]
Retained earnings 31,618,000 29,390,000 [1]
Total shareholders' equity 33,105,000 32,194,000 [1]
Total liabilities and shareholders' equity $ 37,769,000 $ 34,255,000 [1]
[1] The condensed consolidated balance sheet as of December 31, 2018 has been prepared using information from the audited consolidated balance sheet as of that date.