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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 21,500 $ 21,507
Marketable securities 16,887 16,585
Accounts receivable, net of allowances of $84 and $86, respectively 509 543
Inventories, net 237 265
Prepaid expenses and other current assets 551 440
Total Current Assets 39,684 39,340
Net property, plant, and equipment 1 1
Right-of-use lease assets 103 132
Intangible assets, net 73 78
Deferred income tax assets 206 234
Total Assets 40,067 39,785
Current Liabilities:    
Accounts payable 361 310
Accrued compensation and commissions 144 170
Income taxes payable 0 1
Other accrued expenses 272 106
Total Current Liabilities 777 587
Other liabilities 643 708
Total Liabilities 1,420 1,295
Contingencies (Note L)
Stockholders’ Equity    
Common stock, $0.01 par value - 30,000,000 shares authorized; 5,434,521 shares issued and 5,352,937 shares outstanding at March 31, 2023, and 5,434,521 shares issued and 5,352,937 shares outstanding at December 31, 2022 53 53
Additional paid-in capital 46,346 46,346
Retained earnings (7,172) (7,329)
Treasury stock, 81,584 shares held in treasury at cost at March 31, 2023 and December 31, 2022 (580) (580)
Total Stockholders' Equity 38,647 38,490
Total Liabilities and Stockholders' Equity $ 40,067 $ 39,785