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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 11,161 $ 15,508
Marketable securities 8,954 3,775
Accounts receivable, net of allowances of $83 and $40, respectively 4,902 3,394
Inventories, net 6,476 4,466
Prepaid expenses and other current assets 352 242
Total Current Assets 31,845 27,385
Property, plant and equipment:    
Land 536 536
Buildings and improvements 4,570 4,029
Machinery and equipment 17,272 17,012
Gross property, plant and equipment 22,378 21,577
Less: accumulated depreciation (19,775) (19,491)
Net property, plant, and equipment 2,603 2,086
Intangible assets, net 421 477
Deferred income taxes, net 3,433 127
Right-of-use lease asset 364  
Total Assets 38,666 30,075
Current Liabilities:    
Accounts payable 2,266 1,418
Accrued compensation and commissions 1,783 1,143
Other accrued expenses 836 191
Total Current Liabilities 4,885 2,752
Commitments and Contingencies (Note L)
Stockholders’ Equity    
Common stock, $0.01 par value - 10,000,000 shares authorized; 4,995,262 shares issued and 4,913,678 shares outstanding at September 30, 2019, and 4,912,762 shares issued and 4,831,178 shares outstanding at December 31, 2018 49 49
Additional paid-in capital 41,430 41,023
Accumulated deficit (7,118) (13,169)
Treasury stock, 81,584 shares held in treasury at cost at September 30, 2019 and December 31, 2018 (580) (580)
Total Stockholders' Equity 33,781 27,323
Total Liabilities and Stockholders' Equity $ 38,666 $ 30,075