Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Cash	$ 4,394,000	$ 6,859,000
Accounts receivable, net of allowances of $4 in 2015 and $110 in 2014	723,000	2,019,000
Inventory	584,000	4,079,000
Prepaid expenses & other assets	290,000	432,000
Total current assets	5,991,000	13,389,000
Property, Plant & Equipment (at cost):
Leasehold improvements	550,000	550,000
Machinery, equipment & software	2,728,000	2,863,000
less: Accumulated depreciation & amortization	(3,246,000)	(3,344,000)
Property, plant & equipment, net	32,000	69,000
Other Assets:
Other long term receivable	0	96,000
Total other assets	0	96,000
Total Assets	6,023,000	13,554,000
Current Liabilities:
Accounts payable	457,000	783,000
Accrued expenses	208,000	1,687,000
Total current liabilities	665,000	2,470,000
Shareholders' Equity:
$1 par value; 25,000,000 shares authorized;11,649,360 shares issued and outstanding at December 31, 2015 11,680,395 shares issued and outstanding at December 31, 2014	11,649,000	11,680,000
Capital in excess of par value	5,090,000	5,118,000
Accumulated deficit	(11,330,000)	(5,580,000)
Unearned compensation	(51,000)	(134,000)
Total Shareholders' Equity	5,358,000	11,084,000
Total Liabilities & Shareholders’ Equity	$ 6,023,000	$ 13,554,000