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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 24,583,000 $ 6,548,000 [1]
Investments 173,000 335,000 [1]
Accounts receivable, net of allowance for doubtful accounts of $68,000 as of September 30, 2020 and $53,000 as of December 31, 2019 9,137,000 3,568,000 [1]
Accounts receivable, related party 833,000 724,000 [1]
Inventories 13,155,000 11,303,000 [1]
Prepaid expenses 4,859,000 3,587,000 [1]
Total current assets 52,740,000 26,065,000 [1]
Property and equipment, net 4,086,000 3,943,000 [1]
Goodwill 55,000 55,000 [1]
Definite-lived intangible assets, net 9,000 11,000 [1]
Right-of-use assets 2,501,000 3,178,000 [1]
Equity investment in unconsolidated affiliate 5,295,000 4,839,000 [1]
Total assets 64,686,000 38,091,000 [1]
Current liabilities:    
Accounts payable 992,000 501,000 [1]
Accrued liabilities 2,969,000 920,000 [1]
Customer advance payments of orders 3,218,000 [1]
Lease liabilities 893,000 882,000 [1]
Total current liabilities 8,072,000 2,303,000 [1]
Lease liabilities, net of current portion 1,657,000 2,337,000 [1]
Deferred income tax liabilities, net 224,000 224,000 [1]
Total liabilities 9,953,000 4,864,000 [1]
Commitments
Shareholders' equity:    
Common stock, $.01 par value: 50,000,000 shares authorized; 13,577,847 and 12,885,273 shares outstanding as of September 30, 2020 and December 31, 2019, respectively 136,000 129,000 [1]
Additional paid-in capital 2,539,000 708,000 [1]
Retained earnings 52,058,000 32,390,000 [1]
Total shareholders' equity 54,733,000 33,227,000 [1]
Total liabilities and shareholders' equity $ 64,686,000 $ 38,091,000 [1]
[1] The condensed consolidated balance sheet as of December 31, 2019 has been prepared using information from the audited consolidated balance sheet as of that date.