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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 28,980 $ 22,788
Trade accounts receivable, net 7,159 7,221
Inventories, net 15,000 15,862
Prepaid expenses and other current assets 3,505 3,099
Total current assets 54,644 48,970
Property, plant and equipment, net 4,250 4,170
Operating lease right-of-use (ROU) assets 1,377 1,502
Deferred tax assets, net 4,887 5,230
Capitalized software and systems integration costs, net 3,097 3,417
Other assets 520 471
Total assets 68,775 63,760
Current liabilities:    
Accounts payable 6,592 4,781
Accrued compensation and related taxes 1,998 2,423
Accrued warranty expense 641 760
Accrued other expenses and other current liabilities 654 335
Short-term operating lease liabilities 613 610
Deferred revenue 2,753 2,728
Total current liabilities 13,251 11,637
Long-term operating lease liabilities 830 965
Deferred revenue, net of current portion 6,981 6,460
Total liabilities 21,062 19,062
Commitments and contingencies
Stockholders’ equity:    
Preferred stock; $1.00 par value; 1,000,000 authorized shares; none issued or outstanding 0 0
Common stock; $0.60 par value; 10,000,000 authorized shares; 4,105,556 and 4,092,056 issued, and 3,744,151 and 3,733,733 outstanding shares as of March 31, 2026 and December 31, 2025, respectively 2,463 2,455
Additional paid-in capital 52,271 51,803
Retained earnings (accumulated deficit) 448 (2,314)
Treasury stock, at cost, 361,405 shares as of March 31, 2026, and 358,323 shares as of December 31, 2025 (7,469) (7,246)
Total stockholders’ equity 47,713 44,698
Total liabilities and stockholders’ equity $ 68,775 $ 63,760