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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 17,861 $ 13,290
Trade accounts receivable, net of allowance for doubtful accounts of $233 and $213, respectively 10,563 12,166
Inventories 6,520 4,966
Prepaid expenses and other current assets 677 577
Total current assets 35,621 30,999
Property and equipment:    
Machinery and equipment 5,166 5,033
Leasehold improvements 2,341 822
Gross property and equipment 7,507 5,855
Less: accumulated depreciation (4,790) (4,314)
Net property and equipment 2,717 1,541
Goodwill 13,738 13,738
Intangible assets, net 14,911 16,014
Restricted certificates of deposit 175 175
Other assets 25 26
Total assets 67,187 62,493
Current liabilities:    
Accounts payable 1,787 2,032
Accrued wages and benefits 2,921 2,781
Customer deposits and deferred revenue 1,258 886
Domestic and foreign income taxes payable 700 1,199
Earnout payable 12,167 5,355
Other current liabilities 2,585 2,166
Total current liabilities 21,418 14,419
Contingent liability for repayment of state and local grant funds received 200
Federal transition tax payable, net of current portion 436
Deferred tax liabilities 2,689 2,606
Contingent consideration liability, net of current portion 5,744
Total liabilities 24,307 23,205
Commitments and Contingencies (Notes 11 and 13)
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.01 par value; 20,000,000 shares authorized; 10,523,035 and 10,427,435 shares issued, respectively 105 104
Additional paid-in capital 26,513 25,860
Retained earnings 15,683 12,646
Accumulated other comprehensive earnings 783 882
Treasury stock, at cost; 33,077 shares (204) (204)
Total stockholders' equity 42,880 39,288
Total liabilities and stockholders' equity $ 67,187 $ 62,493