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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash (included in the December 31, 2015 and 2014 balance is a compensating balance of $3,900) (Note 7) $ 4,274 $ 5,312
Accounts receivable, net of allowance of $150 and $498, respectively 7,849 6,488
Inventory, net of reserve for obsolescence of $0 and $205, respectively 3,117 3,127
Costs and estimated earnings in excess of billings on uncompleted contracts 1,354 6,808
Prepaid expenses and other current assets 229 280
Total current assets 16,823 22,015
Property, plant and equipment, net 10,762 11,732
Intangibles, net 75 82
Other assets 878 891
Total assets 28,538 34,720
Current liabilities:    
Accounts payable and accrued liabilities 2,162 4,139
Billings in excess of costs and estimated earnings on uncompleted contracts 46 0
Current portion of long-term debt 2,747 5,615
Total current liabilities 4,955 9,754
Long-term debt, net 0 0
Total liabilities $ 4,955 $ 9,754
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.001 par value, 10,000 shares authorized, 0 shares issued and outstanding $ 0 $ 0
Common stock, $0.001 par value, 24,500 shares authorized, 15,631 and 15,130 shares issued and outstanding, respectively 16 15
Additional paid-in capital 72,989 72,532
Accumulated deficit (49,422) (47,581)
Total stockholders' equity 23,583 24,966
Total liabilities and stockholders' equity $ 28,538 $ 34,720