XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 1,969 $ 5,639
Accounts receivable, trade, less allowances for doubtful accounts of $2,955 and $2,163 in 2019 and 2018, respectively 1,450 2,261
Inventories, net 1,150 1,808
Prepaid expenses 689 501
Other current assets 532 642
Total current assets 5,790 10,851
Property, plant and equipment, net 11,616 10,887
Assets held for sale (Note 6) 5,336 5,336
Other long-term assets 87 75
Total assets 22,829 27,149
CURRENT LIABILITIES    
Accounts payable 1,195 2,218
Accrued liabilities (Note 7) 1,806 1,348
Income taxes payable 903 900
Due to factor 209 374
Total current liabilities 4,113 4,840
Long-term debt 2,274
Deferred tax liabilities 306
Total liabilities 6,387 5,146
COMMITMENTS AND CONTINGENCIES (Note 8)
Stockholders’ Equity    
Preferred stock, $0.01 par value, 20,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.01 par value, 200,000,000 shares authorized; 20,153,269 and 20,152,029 issued and outstanding, respectively, in 2019 and 20,153,269 and 20,152,029 issued and outstanding, respectively, in 2018 201 201
Treasury stock, 1,240 shares at cost (57) (57)
Additional paid–in capital 232,345 232,345
Accumulated deficit (210,265) (204,832)
Accumulated other comprehensive loss, net (5,782) (5,654)
Total stockholders’ equity 16,442 22,003
Total liabilities and stockholders’ equity $ 22,829 $ 27,149