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Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 14,755,000 $ 15,366,000
Accounts receivable, net 19,557,000 21,928,000
Contract assets 2,883,000 4,139,000
Inventory 25,350,000 23,062,000
Prepaid expenses and other current assets 6,213,000 4,433,000
Assets held for sale 13,855,000 6,541,000
Total current assets 82,613,000 75,469,000
Property and equipment, net 2,820,000 2,917,000
Intangible assets, net 17,819,000 19,994,000
Goodwill 18,979,000 18,121,000
Operating lease right-of-use asset 5,497,000 5,984,000
Other non-current assets 246,000 369,000
Deferred tax asset 1,707,000 1,689,000
Non-current assets held for sale 0 6,459,000
Total assets 129,681,000 131,002,000
Current liabilities:    
Current portion of long-term debt obligations 4,167,000 4,167,000
Accounts payable 2,585,000 2,852,000
Accrued and other current liabilities 10,826,000 10,773,000
Contract liabilities 4,967,000 6,698,000
Current portion of operating lease liability 2,020,000 1,876,000
Liabilities associated with assets held for sale 9,091,000 3,719,000
Total current liabilities 33,656,000 30,085,000
Long-term debt obligations 12,709,000 15,817,000
Long-term portion of operating lease liability 4,073,000 5,034,000
Other long-term liabilities 374,000 410,000
Non-current liabilities associated with assets held for sale 0 5,214,000
Total liabilities 50,812,000 56,560,000
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, par value $0.001, 100,000,000 shares authorized, 33,511,899 and 32,724,512 shares issued, 31,961,907 and 31,024,537 shares outstanding at September 30, 2021 and December 31, 2020, respectively 34,000 33,000
Treasury stock at cost, 1,739,455 and 1,699,975 shares at September 30, 2021 and December 31, 2020, respectively (5,209,000) (4,789,000)
Additional paid-in capital 97,238,000 92,403,000
Accumulated deficit (13,150,000) (12,957,000)
Accumulated other comprehensive loss (44,000) (248,000)
Total stockholders’ equity 78,869,000 74,442,000
Total liabilities and stockholders’ equity $ 129,681,000 $ 131,002,000