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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Cash Flows From Operating Activities:        
Net income $ 766,000 $ 8,107,000 $ 6,156,000 $ 19,668,000
Adjustments to reconcile net income to net cash provided by operating activities:        
Stock-based compensation     238,000 274,000
Depreciation and amortization 209,000 186,000 611,000 546,000
Loss on marketable equity securities 0 24,000 0 42,000
Equity in income of unconsolidated affiliate (112,000) (250,000) (623,000) (456,000)
Operating lease expense, net of accretion     663,000 677,000
Changes in operating assets and liabilities:        
Accounts receivable, net     4,141,000 (5,569,000)
Accounts receivable, related party     (491,000) (109,000)
Inventories     (6,441,000) (1,852,000)
Prepaid expenses     (337,000) (1,272,000)
Accounts payable and accrued liabilities     (2,627,000) 2,540,000
Customer advance payments of orders     (209,000) 3,218,000
Lease liabilities     (660,000) (669,000)
Net cash provided by operating activities     421,000 17,038,000
Cash Flows From Investing Activities:        
Purchases of property and equipment     (2,391,000) (687,000)
Proceeds from sales of marketable securities     0 120,000
Net cash used in investing activities     (2,391,000) (567,000)
Cash Flows From Financing Activities:        
Proceeds from exercise of stock options     391,000 1,970,000
Repurchase of common stock     (4,077,000) (406,000)
Net cash provided by (used in) financing activities     (3,686,000) 1,564,000
Increase (decrease) in cash     (5,656,000) 18,035,000
Cash, beginning of the period     23,292,000 6,548,000
Cash, end of the period $ 17,636,000 $ 24,583,000 $ 17,636,000 $ 24,583,000