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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 2,268 $ 2,152
Contract and other receivables, net 990 2,389
Costs and estimated earnings in excess of billings on uncompleted contracts 223 539
Inventories, net 134 59
Prepaid expenses and other current assets 114 252
Total current assets 3,729 5,391
Property and equipment, net 418 544
Goodwill 1,907 1,907
Other intangible assets, net 561 704
Other assets 112 30
Total assets 6,727 8,576
Current Liabilities:    
Convertible notes payable, current portion, net 246
Borrowings under receivable financing agreement 737
Accounts payable and accrued expenses 2,841 5,319
Billings in excess of costs and estimated earnings on uncompleted contracts 2,494 2,818
Total current liabilities 5,335 9,120
Convertible notes, less current portion 1,656 825
Other liabilities 41 62
Total liabilities 7,032 10,007
Commitments and Contingencies
Stockholders’ Equity (Deficiency):    
Preferred stock, $.0001 par value, 1,000 shares authorized; none issued
Common stock, $.0001 par value, 49,000 shares authorized; 16,316 and 16,370 issued; 15,547 and 15,622 outstanding at December 31, 2017 and 2016, respectively 2 2
Additional paid-in capital 68,886 68,522
Treasury stock 769 and 748 shares at cost at December 31, 2017 and, 2016, respectively (1,536) (1,532)
Accumulated deficit (67,657) (68,423)
Total stockholders' equity (deficiency) (305) (1,431)
Total liabilities and stockholders’ equity (deficiency) $ 6,727 $ 8,576