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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 1,158,000 $ 1,241,000
Trade receivables 1,261,000 1,240,000
Related parties – trade receivables 68,000 77,000
Prepaid expenses and other accounts receivable 180,000 187,000
Inventories (Note 3) 1,428,000 1,542,000
Total current assets 4,095,000 4,287,000
PROPERTY AND EQUIPMENT, NET 729,000 709,000
INVESTMENT IN TELKOOR 90,000 90,000
LONG-TERM DEPOSITS 13,000 13,000
Total Non- current assets 832,000 812,000
Total assets 4,927,000 5,099,000
CURRENT LIABILITIES:    
Accounts payable 1,013,000 937,000
Advances from customers and deferred revenue 112,000 211,000
Other current liabilities 538,000 480,000
Total current liabilities 1,663,000 1,628,000
SHAREHOLDERS' EQUITY:    
Series A Redeemable Convertible Preferred shares, no par value - 500,000 shares authorized; 0 shares issued and outstanding at March 31, 2016 and December 31, 2015 0 0
Preferred shares, no par value - 1,500,000 shares authorized; 0 shares issued and outstanding at March 31, 2016 and December 31, 2015 $ 0 $ 0
Common shares, no par value - 30,000,000 shares authorized; 6,775,971 shares issued and outstanding as of March 31, 2016 and December 31, 2015
Additional paid-in capital $ 15,009,000 $ 14,965,000
Accumulated deficit (11,229,000) (11,036,000)
Accumulated other comprehensive loss (516,000) (458,000)
Total shareholders' equity 3,264,000 3,471,000
Total liabilities and shareholders' equity $ 4,927,000 $ 5,099,000