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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 900 $ 526
Income tax receivable 4 14
Accounts receivable – trade after allowance for doubtful accounts of $60.0 thousand and $35.0 thousand in 2017 and 2016, respectively 4,946 3,361
Receivables from related parties 45 150
Inventories 4,131 3,437
Prepaid expenses and other current assets 275 216
Total current assets 10,301 7,704
Net property and equipment 12,174 13,068
Other assets    
Deferred income taxes 27 27
Other non-current assets 213 57
Total other assets 240 84
Total assets 22,715 20,856
Current liabilities    
Current maturities of long-term debt 5,647 2,942
Current maturities of long-term debt, related parties 64 0
Current maturities of capital lease obligations 282 198
Checks in excess of bank 14 79
Accounts payable 1,563 1,605
Payables and accrued expenses to related parties 338 578
Other current liabilities 614 627
Total current liabilities 8,522 6,029
Long-term liabilities    
Long-term debt, related parties 1,569 1,504
Capital lease obligations, net of current maturities 940 1,050
Total long-term liabilities 2,509 2,554
Shareholders’ equity    
Common stock, $0.0033 par value: 20.0 million shares authorized in 2017 and 2016; 8,081,793 and 8,074,541 shares issued and outstanding in 2017 and 2016, respectively 27 27
Additional paid-in capital 23,971 23,912
Stock warrants outstanding 1,025 1,025
Retained losses (13,295) (12,647)
Treasury stock at cost, 30,690 shares in 2017 and 2016 (44) (44)
Total shareholders’ equity 11,684 12,273
Total liabilities and shareholders’ equity $ 22,715 $ 20,856