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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 16,631 $ 12,453
Marketable securities 5,306 5,631
Accounts receivable, net of allowances of $105 and $109, respectively 4,819 4,445
Inventories, net 5,986 6,016
Prepaid expenses and other current assets 341 365
Total Current Assets 33,083 28,910
Property, plant and equipment:    
Land 536 536
Buildings and improvements 4,651 4,651
Machinery and equipment 17,583 17,527
Gross property, plant and equipment 22,770 22,714
Less: accumulated depreciation (19,999) (19,883)
Net property, plant, and equipment 2,771 2,831
Equity investment in unconsoldiated subsidiary 3,295 3,334
Deferred income taxes, net 3,248 3,307
Intangible assets, net 383 402
Right-of-use lease asset 318 331
Other assets   102
Total Assets 43,098 39,217
Current Liabilities:    
Accounts payable 1,639 1,865
Accrued compensation and commissions 2,224 1,832
Other accrued expenses 837 627
Total Current Liabilities 4,700 4,324
Commitments and Contingencies (Note N)
Stockholders’ Equity    
Common stock, $0.01 par value - 10,000,000 shares authorized; 5,337,372 shares issued and 5,210,788 shares outstanding at March 31, 2020, and 5,014,647 shares issued and 4,933,063 shares outstanding at December 31, 2019 53 50
Additional paid-in capital 44,895 41,576
Accumulated deficit (5,970) (6,153)
Treasury stock, 81,584 shares held in treasury at cost at March 31, 2020 and December 31, 2019 (580) (580)
Total Stockholders' Equity 38,398 34,893
Total Liabilities and Stockholders' Equity $ 43,098 $ 39,217