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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 642 $ 1,059
Income tax receivable 14 0
Accounts receivable – trade (after allowance for doubtful accounts of $35.0 thousand and $100.0 thousand in 2015 and 2014, respectively) (Note 1) 1,669 8,947
Receivables from related parties (Note 10) 208 409
Inventories (Note 1) 2,410 6,729
Prepaid expenses and other current assets 160 535
Assets held for sale, current (Note 15) 0 1,183
Total current assets 5,103 18,862
Net property and equipment (Note 1) 14,152 17,563
Other assets    
Deferred income taxes (Note 7) 97 97
Assets held for sale, non-current (Note 15) 0 1,191
Other non-current assets 82 77
Total other assets 179 1,365
Total assets 19,434 37,790
Current liabilities    
Current maturities of long-term debt (Note 3) 20 15,911
Bank overdrafts 0 79
Accounts payable 2,152 2,622
Income tax payable 0 27
Interest rate swap agreement liability (Note 1) 0 10
Payable to related parties (Note 10) 1,922 1,640
Liabilities held for sale, current (Note 15) 0 868
Other current liabilities 194 128
Total current liabilities 4,288 21,285
Long-term liabilities    
Long-term debt, net of current maturities (Note 3) 0 0
Total long-term liabilities 0 0
Shareholders’ equity    
Common stock, $0.0033 par value: 20.0 million shares authorized in 2015 and 2014; 8,049,622 shares issued in 2015 and 2014; 8,018,932 and 7,956,410 shares outstanding in 2015 and 2014, respectively 27 27
Additional paid-in capital 23,555 23,249
Stock warrants outstanding 1,025 1,025
Retained (losses) earnings (9,417) (7,652)
Accumulated other comprehensive loss 0 (10)
Treasury stock at cost, 30,690 and 93,212 shares in 2015 and 2014, respectively (44) (134)
Total shareholders’ equity 15,146 16,505
Total liabilities and shareholders’ equity $ 19,434 $ 37,790