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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 741 $ 1,589
Income tax receivable 0 7
Accounts receivable – trade (after allowance for doubtful accounts of $100.0 thousand in 2014 and 2013) 10,071 11,456
Inventories 12,070 8,782
Prepaid expenses 348 101
Employee loans 0 4
Total current assets 23,230 21,939
Net property and equipment 20,458 21,826
Other assets    
Deferred income taxes 97 97
Other non-current assets 327 170
Total other assets 424 267
Total assets 44,112 44,032
Current liabilities    
Current maturities of long-term debt 1,121 1,597
Bank overdrafts 0 594
Accounts payable 5,368 6,605
Income tax payable 36 0
Interest rate swap agreement liability 24 71
Deposit from related party 500 500
Other current liabilities 766 324
Total current liabilities 7,815 9,691
Long-term liabilities    
Long-term debt, net of current maturities 15,658 16,295
Total long-term liabilities 15,658 16,295
Shareholders’ equity    
Common stock, $0.0033 par value: 20.0 million shares authorized in 2014 and 2013; 8,049,622 and 7,192,479 shares issued in 2014 and 2013; 7,956,410 and 7,069,267 shares outstanding in 2014 and 2013, respectively 27 24
Additional paid-in capital 21,410 18,649
Stock warrants outstanding 1,025 0
Retained losses (1,665) (379)
Accumulated other comprehensive loss (24) (71)
Treasury stock at cost, 93,212 and 123,212 shares in 2014 and 2013, respectively (134) (177)
Total shareholders’ equity 20,639 18,046
Total liabilities and shareholders’ equity $ 44,112 $ 44,032