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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows From Operating Activities:    
Net income $ 3,719,000 $ 5,342,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Stock-based compensation 101,000 91,000
Depreciation and amortization 198,000 182,000
Loss on marketable equity securities 59,000
Equity in income of unconsolidated affiliate (322,000) (87,000)
Operating lease expense, net of accretion 220,000 224,000
Changes in assets and liabilities:    
Accounts receivable, net 1,384,000 (3,794,000)
Accounts receivable, related party (370,000) (192,000)
Inventories (2,029,000) 155,000
Prepaid expenses (4,011,000) (650,000)
Accounts payable and accrued liabilities (1,795,000) 1,072,000
Customer advance payments of orders (96,000) 7,161,000
Lease liabilities (219,000) (221,000)
Net cash provided by (used in) operating activities (3,220,000) 9,342,000
Cash Flows From Investing Activities:    
Purchases of property and equipment (130,000) (288,000)
Proceeds from sales of marketable securities 47,000
Net cash used in investing activities (130,000) (241,000)
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 308,000 1,841,000
Repurchase of common stock (2,366,000) (125,000)
Net cash provided by (used in) financing activities (2,058,000) 1,716,000
Increase (decrease) in cash (5,408,000) 10,817,000
Cash, beginning of the period 23,292,000 6,548,000
Cash, end of the period $ 17,884,000 $ 17,365,000