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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 17,365,000 $ 6,548,000
Investments 228,000 335,000
Accounts receivable, net of allowance for doubtful accounts of $53,000 as of March 31, 2020 and December 31, 2019 7,362,000 3,568,000
Accounts receivable, related party 916,000 724,000
Inventories 11,148,000 11,303,000
Right-of-use assets 906,000 898,000
Prepaid expenses 4,237,000 3,587,000
Total current assets 42,162,000 26,963,000
Property and equipment, net 4,050,000 3,943,000
Goodwill 55,000 55,000
Definite-lived intangible assets, net 10,000 11,000
Right-of-use assets, net of current portion 2,048,000 2,280,000
Equity investment in unconsolidated affiliate 4,926,000 4,839,000
Total assets 53,251,000 38,091,000
Current liabilities:    
Accounts payable 1,727,000 501,000
Accrued liabilities 764,000 920,000
Customer advance payments of orders 7,161,000
Lease liabilities 886,000 882,000
Total current liabilities 10,538,000 2,303,000
Lease liabilities, net of current portion 2,113,000 2,337,000
Deferred income tax liabilities, net 224,000 224,000
Total liabilities 12,875,000 4,864,000
Commitments
Shareholders' equity:    
Common stock, $.01 par value: 50,000,000 shares authorized; 13,563,012 and 13,502,684 shares outstanding as of March 31, 2020 and December 31, 2019, respectively 136,000 129,000
Additional paid-in capital 2,508,000 708,000
Retained earnings 37,732,000 32,390,000
Total shareholders' equity 40,376,000 33,227,000
Total liabilities and shareholders' equity $ 53,251,000 $ 38,091,000