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Condensed Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES    
Net income $ 7,016,000 $ 1,405,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 418,000 417,000
Amortization of finite-lived intangible assets 75,000 75,000
Loss from equity investment in unconsolidated subsidiary 16,000  
Recovery of note receivable   (4,000)
Stock-based compensation 112,000 64,000
Deferred income tax (benefit) expense (3,180,000) 46,000
(Gain) loss on marketable securities (206,000) 28,000
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (1,051,000) (1,000)
Increase in inventories, net (1,550,000) (591,000)
(Increase) decrease in prepaid expenses and other assets (225,000) 92,000
Increase in accounts payable, accrued compensation and commissions expense and other accrued liabilities 1,241,000 125,000
Net cash provided by operating activities 2,666,000 1,656,000
INVESTING ACTIVITIES    
Purchase of marketable securities (5,050,000)  
Equity investment in unconsoldiated subsidiary (3,350,000)  
Capital expenditures (1,163,000) (324,000)
Proceeds from sale of marketable securities 3,400,000  
Net cash used in investing activities (6,163,000) (324,000)
FINANCING ACTIVITIES    
Costs from issuance of common stock   (28,000)
Proceeds from warrant exercise   927,000
Proceeds from stock option exercise 442,000 27,000
Net cash provided by financing activities 442,000 926,000
(Decrease) increase in cash and cash equivalents (3,055,000) 2,258,000
Cash and cash equivalents at beginning of year 15,508,000 13,250,000
Cash and cash equivalents at end of year 12,453,000 15,508,000
Supplemental Disclosure:    
Cash paid for interest 6,000 23,000
Cash paid for income taxes 86,000 $ 69,000
Non-Cash Disclosure:    
Right-of-use assets offset by operating lease liabilities $ 331,000