CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash	$ 9,546	$ 5,935
Accounts receivable, net	7,198	7,636
Inventories, net	20,132	23,406
Prepaid income taxes	792	483
Other current assets	647	383
Total current assets	38,315	37,843
Property, plant and equipment, net	10,557	12,017
Deferred income taxes	900	137
Other non-current assets	321	331
Total Assets	50,093	50,328
Current liabilities:
Current portion of long-term debt		2,334
Current portion of equipment financing and finance leases	276	301
Dividend payable		12
Accounts payable	663	1,599
Accrued employee compensation and benefits costs	1,759	1,649
Current portion of post retirement obligation	136
Other accrued liabilities	1,414	874
Total current liabilities	4,248	6,769
Long-term debt	4,750	7,293
Post retirement obligation	5,729	2,529
Shareholders' equity:
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,435,032 (2,416,683 - 2020) shares	523	523
Capital in excess of par value	14,500	14,481
Retained earnings	25,858	21,803
Accumulated other comprehensive loss	(3,908)	(1,356)
Employee stock ownership trust commitment	(258)	(359)
Treasury stock, at cost 122,839 (126,079 - 2020) shares	(1,349)	(1,355)
Total shareholders' equity	35,366	33,737
Total Liabilities and Shareholders' Equity	$ 50,093	$ 50,328