XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 50,000 $ 48,000
Receivables, net 2,983,000 2,832,000
Inventories 2,214,000 2,722,000
Prepaids and other assets 1,050,000 1,071,000
Total current assets 6,297,000 6,673,000
Long-term assets:    
Rental equipment, net 196,000 225,000
Property, plant and equipment, net 1,652,000 1,715,000
Right of use assets 660,000 765,000
Other assets 34,000 34,000
Total long-term assets 2,542,000 2,739,000
TOTAL ASSETS 8,839,000 9,412,000
Current liabilities:    
Accounts payable 6,762,000 6,339,000
Accrued liabilities 4,336,000 4,279,000
Current portion of long-term debt 3,768,000 3,768,000
Current lease liabilities 313,000 393,000
Customer deposits 989,000 1,183,000
Total current liabilities 16,168,000 15,962,000
Long-term liabilities:    
Long-term debt, less current portion 500,000 500,000
Long-term lease liabilities 383,000 412,000
Deferred pension liability and other 2,925,000 2,862,000
Total long-term liabilities 3,808,000 3,774,000
Total liabilities 19,976,000 19,736,000
Stockholders' deficit:    
Preferred Stock Series A - $20 stated value - 416,500 shares authorized; shares issued and outstanding: 0 in 2022 and 2021 and Preferred Stock Series B - $200 stated value - 51,000 shares authorized;shares issued and outstanding: 0 in 2022 and 2021
Common Stock - $0.001 par value - 30,000,000 shares authorized; shares issued: 13,474,116 in 2022 and 2021; shares outstanding: 13,446,276 in 2022 and 2021 13,000 13,000
Additional paid-in-capital 41,482,000 41,444,000
Accumulated deficit (43,510,000) (42,652,000)
Accumulated other comprehensive loss (6,059,000) (6,066,000)
Treasury stock - at cost - 27,840 common shares in 2022 and 2021 (3,063,000) (3,063,000)
Total stockholders' deficit (11,137,000) (10,324,000)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 8,839,000 9,412,000
Convertible Preferred Stock [Member] | Series A Preferred Stock [Member]    
Stockholders' deficit:    
Preferred Stock Series A - $20 stated value - 416,500 shares authorized; shares issued and outstanding: 0 in 2022 and 2021 and Preferred Stock Series B - $200 stated value - 51,000 shares authorized;shares issued and outstanding: 0 in 2022 and 2021
Convertible Preferred Stock [Member] | Series B Preferred Stock [Member]    
Stockholders' deficit:    
Preferred Stock Series A - $20 stated value - 416,500 shares authorized; shares issued and outstanding: 0 in 2022 and 2021 and Preferred Stock Series B - $200 stated value - 51,000 shares authorized;shares issued and outstanding: 0 in 2022 and 2021