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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 8,678 $ 6,178
Contract and other receivables, net 3,865 727
Costs and estimated earnings in excess of billings on uncompleted contracts 181 154
Inventories, net 1,353 108
Prepaid expenses and other current assets 108 266
Total current assets 14,185 7,433
Property and equipment, net 705 390
Lease right-of-use asset 1,481
Goodwill 780 780
Other intangible assets, net 307 398
Other assets 109 109
Total assets 17,567 9,110
Current Liabilities:    
Accounts payable and accrued expenses 8,851 2,390
Deferred revenues 2,104 2,181
Current portion of lease liabilities 645
Total current liabilities 11,600 4,571
Long-term borrowings 2,028 1,838
Non-current portion of lease liabilities 956
Deferred revenues – noncurrent portion 114 112
Other liabilities 108
Total liabilities 14,698 6,629
Commitments and Contingencies
Stockholders’ Equity:    
Preferred stock, $.0001 par value, 1,000 shares authorized; none issued
Common stock, $.0001 par value, 49,000 shares authorized; 18,524 and 17,520 issued; 17,562 and 16,743 outstanding at December 31, 2019 and 2018, respectively 2 2
Additional paid-in capital 69,661 69,241
Treasury stock 962 and 777 shares at cost at December 31, 2019 and, 2018, respectively (1,700) (1,542)
Accumulated deficit (65,094) (65,220)
Total stockholders' equity 2,869 2,481
Total liabilities and stockholders’ equity $ 17,567 $ 9,110