XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 7,196 $ 8,203
Short term investment (certificate of deposit) 1,005 1,005
Accounts receivable, net of allowance of $10 3,849 5,945
Costs and estimated earnings in excess of billings on uncompleted contracts 187 1,077
Prepaid expenses and other current assets 717 864
Total current assets 12,954 17,094
Property, plant and equipment, net 8,751 7,938
Intangibles, net 66 69
Long-term asset - Carousel 3,117 3,117
Other assets 361 211
Total assets 25,249 28,429
Current liabilities:    
Accounts payable and accrued liabilities 1,297 1,778
Billings in excess of costs and estimated earnings on uncompleted contracts 600 3,349
Total current liabilities 1,897 5,127
Total liabilities 1,897 5,127
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding 0 0
Common stock, $0.001 par value, 24,500,000 shares authorized, 15,438,660 and 15,408,660 shares issued, respectively 15 15
Treasury stock, 1,084,755 and 587,847 shares at cost, respectively (1,125) (567)
Additional paid-in capital 73,180 73,112
Accumulated deficit (48,718) (49,258)
Total stockholders' equity 23,352 23,302
Total liabilities and stockholders' equity $ 25,249 $ 28,429