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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 25,314 $ 19,392
Short-term investments 25,597 25,289
Accounts receivable 188 105
Inventory, net 13,146 13,709
Prepaid expenses and other current assets 692 618
Total current assets 64,937 59,113
Property and equipment, net 518 634
Deferred tax assets 2,877 2,280
Right-of-use assets 654 983
Long-term investments 6,795 9,737
Other assets 183 193
Total assets 75,964 72,940
Current liabilities:    
Accounts payable 1,300 2,100
Accrued liabilities 2,064 1,564
Customer deposits 1,646 1,545
Lease liabilities 594 700
Dividend payable 4,583 4,551
Total current liabilities 10,187 10,460
Other liabilities 168 404
Total liabilities 10,355 10,864
Commitments and contingencies (Note 5)
Stockholders’ equity    
Preferred stock, par value $0.0001 per share - 5,000,000 shares authorized as of June 30, 2023 and December 31, 2022; nil shares issued and outstanding as of June 30, 2023 and December 31, 2022
Common stock, par value $0.0001 per share - 75,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 18,330,591 and 18,198,737 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 2 2
Additional paid-in capital 26,739 26,046
Accumulated other comprehensive loss (146) (147)
Retained earnings 39,014 36,175
Total stockholders’ equity 65,609 62,076
Total liabilities and stockholders’ equity $ 75,964 $ 72,940