Note 2 - Supplemental Balance-sheet Information

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Supplemental Balance Sheet Disclosures [Text Block]

Note

2

     Supplemental Balance-sheet Information

Receivables

Contract and other receivables consisted of the following (in

‘000’s

):

	December 31, 2018			December 31, 2017
Contract and other receivables	$	735		$	998
Allowance for doubtful accounts		(8	)		(8	)
	$	727		$	990

Inventor

ies

We state inventories at the lower of cost or net realizable value, using the

first

-in-

first

-out-method (in

‘000’s

) as follows: 

	December 31, 2018			December 31, 2017
Raw materials		110			136
Less: Reserve		(2	)		(2	)
Inventories, net	$	108		$	134

Goodwill and Intangible Assets

Goodwill and Intangible Assets consisted of the following (in

‘000’s

):    

	December 3 1 , 201 8					December 31, 201 7
	Gross					Gross
	Carrying		Accumulated			Carrying		Accumulated
	Amount		Amortization			Amount		Amortization
Intangible assets not subject to amortization:
Goodwill	$	780		-		$	1,907		-
Intangible assets subject to amortization:
Customer relationships	$	906	$	(508	)	$	906	$	(418	)
Acquired software	$	234	$	(234	)	$	234	$	(216	)
Trade name	$	-	$	-		$	60		(5	)

We recognized amortization expense related to intangibles of approximately

$115,000

and

$143,000

for the years ended

December 31, 2018

and

2017,

respectively.

Annual amortization expense for the customer relationships is expected to be approximately

$91,000

during each year through

2022

and approximately

$35,000

in

2023.

Property and equipment

Property and equipment consisted of the following (in

$’000

):

	Estimated Useful			December 31,
	Lives (in years)			2018			2017
Vehicles		5		$	-		$	32
Trade equipment		5			102			162
Leasehold improvements	2	–	5		250			378
Furniture and fixtures		7			16			18
Computer equipment and software		3			1,599			1,448
					1,967			2,038
Less accumulated depreciation					(1,577	)		(1,620	)
Property and equipment, net				$	390		$	418

Depreciation of property and equipment and amortization of leasehold improvements and software totaled

$0.3

and

$0.3

million for the years ended

December 31, 2018

and

2017,

respectively.

Accounts Payable

and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in

$’000

):

	December 31,
	2018		201 7
Accounts payable	$	944	$	1,413
Accrued expenses		566		847
Compensation, benefits and related taxes		856		567
Other accrued expenses		24		14
Total accounts payable and accrued expenses	$	2,390	$	2,841