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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 841 $ 526
Income tax receivable 0 14
Accounts receivable – trade after allowance for doubtful accounts of $60.0 thousand and $35.0 thousand in 2017 and 2016, respectively 4,220 3,361
Receivables and other assets from related parties (Note 9) 92 150
Inventories (Note 1) 5,106 3,437
Prepaid expenses and other current assets 182 216
Total current assets 10,441 7,704
Net property and equipment (Note 1) 11,212 13,068
Other assets    
Deferred income taxes (Note 6) 27 27
Other non-current assets 187 57
Total other assets 214 84
Total assets 21,867 20,856
Current liabilities    
Current maturities of long-term debt (Note 3) 5,018 2,942
Current maturities of long-term debt, related parties  (Note 3 and 9) 64 0
Current maturities of capital lease obligations (Note 4) 300 198
Bank overdrafts 148 79
Accounts payable 1,784 1,605
Payable and accrued expenses to related parties (Note 10) 173 578
Income tax payable 2 0
Other current liabilities 765 627
Total current liabilities 8,254 6,029
Long-term liabilities    
Long-term debt, related parties (Note 3 and 10) 1,536 1,504
Capital lease obligations, net of current maturities (Note 4) 819 1,050
Total long-term liabilities 2,355 2,554
Shareholders’ equity    
Common stock, $0.0033 par value: 20.0 million shares authorized in 2017 and 2016; 8,089,129 and 8,074,541 shares issued and outstanding in 2017 and 2016, respectively 27 27
Additional paid-in capital 24,028 23,912
Stock warrants outstanding 1,025 1,025
Retained losses (13,778) (12,647)
Treasury stock at cost, 30,690 shares in 2017 and 2016 (44) (44)
Total shareholders’ equity 11,258 12,273
Total liabilities and shareholders’ equity $ 21,867 $ 20,856