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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash $ 4,499,000 $ 6,859,000
Accounts receivable, net 973,000 2,019,000
Inventory 747,000 4,079,000
Prepaid expenses & other assets 299,000 432,000
Total current assets 6,518,000 13,389,000
Property, plant & equipment, net 38,000 69,000
Other assets:    
Other long term receivable 0 96,000
Total other assets 0 96,000
Total assets 6,556,000 13,554,000
Current liabilities:    
Accounts payable 431,000 783,000
Accrued expenses 325,000 1,687,000
Total current liabilities 756,000 2,470,000
Total liabilities 756,000 2,470,000
Shareholders' Equity:    
Common stock: authorized 25,000,000 shares $1.00 par value; shares issued and outstanding: 11,668,395 shares as of September 30, 2015 11,680,395 shares as of December 31, 2014 11,668,000 11,680,000
Additional paid-in capital 5,109,000 5,118,000
Accumulated deficit (10,895,000) (5,580,000)
Unearned compensation (82,000) (134,000)
Total shareholders' equity 5,800,000 11,084,000
Total liabilities & shareholders' equity $ 6,556,000 $ 13,554,000