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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 4,004 $ 9,546
Accounts receivable, net 9,469 7,198
Inventories, net 19,044 20,132
Prepaid income taxes 138 792
Other current assets 597 647
Total current assets 33,252 38,315
Property, plant and equipment, net 10,656 10,557
Deferred income taxes, net 1,072 900
Other non-current assets 314 321
Total Assets 45,294 50,093
Current liabilities:    
Current portion of equipment financing and capital leases 501 276
Current portion of postretirement obligation 87 136
Accounts payable 3,113 663
Accrued employee compensation and benefits costs 1,163 1,759
Accrued warranty 581 511
Other accrued liabilities 762 903
Total current liabilities 6,207 4,248
Long-term debt   4,750
Post retirement obligation 3,975 5,729
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,629,052 shares; outstanding 2,483,318 (2,435,032 - 2021) shares 523 523
Capital in excess of par value 14,556 14,500
Retained earnings 23,741 25,858
Accumulated other comprehensive loss (2,337) (3,908)
Employee stock ownership trust commitment (157) (258)
Treasury stock, at cost 104,464 (122,839 - 2021) shares (1,214) (1,349)
Total shareholders' equity 35,112 35,366
Total Liabilities and Shareholders' Equity $ 45,294 $ 50,093