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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 1,112 $ 1,044
Income tax receivable 19 16
Accounts receivable – trade after allowance for doubtful accounts of $60.0 thousand in 2019 and 2018 4,415 4,369
Receivables and other assets from related parties (Note 6) 83 91
Inventories (Note 2) 3,990 6,934
Prepaid expenses and other current assets 158 159
Total current assets 9,777 12,613
Net property and equipment 9,276 9,786
Operating lease right-of-use assets (Note 4) 580 0
Operating lease right-of-use assets, related parties (Note 4 and 6) 4,842 0
Other assets    
Deferred income taxes 27 27
Other non-current assets 45 54
Total other assets 72 81
Total assets 24,547 22,480
Current liabilities    
Current maturities of long-term debt (Note 3) 4,547 3,909
Current maturities of long-term debt, related parties (Notes 3 and 6) 0 32
Current maturities of finance lease liabilities (Note 4) 422 352
Current maturities of operating lease liabilities (Note 4) 70 0
Current maturities of operating lease liabilities, related parties (Note 4 and 6) 164 0
Accounts payable 2,061 2,387
Payables and accrued expenses to related parties (Note 6) 0 2
Other current liabilities 757 566
Total current liabilities 8,021 7,248
Long-term liabilities    
Long-term debt, net of current maturities 1,874 2,125
Long-term debt, net of current maturities, related parties (Notes 3 and 6) 1,004 1,504
Finance lease liabilities, net of current maturities (Note 4) 544 589
Operating lease liabilities, net of current maturities (Note 4 and 6) 510 0
Operating lease liabilities, net of current maturities, related parties (Note 4) 4,678 0
Total long-term liabilities 8,610 4,218
Shareholders' equity    
Common stock, $0.0033 par value: 20.0 million shares authorized in 2019 and 2018; 8,160,777 and 8,107,865 shares issued and outstanding in 2019 and 2018, respectively 27 27
Additional paid-in capital 25,288 24,133
Stock warrants outstanding 0 1,025
Retained losses (17,355) (14,127)
Treasury stock at cost, 30,690 shares in 2019 and 2018 (44) (44)
Total shareholders’ equity 7,916 11,014
Total liabilities and shareholders’ equity $ 24,547 $ 22,480