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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 18,331 $ 12,453
Marketable securities 5,791 5,631
Accounts receivable, net of allowances of $189 and $109, respectively 4,122 4,445
Inventories, net 5,280 6,016
Prepaid expenses and other current assets 257 365
Total Current Assets 33,781 28,910
Property, Plant and Equipment    
Land 536 536
Buildings and improvements 4,810 4,651
Machinery and equipment 17,775 17,527
Gross property, plant and equipment 23,121 22,714
Less: accumulated depreciation (20,336) (19,883)
Net property, plant and equipment 2,785 2,831
Right-of-use lease asset 422 331
Equity investment in unconsolidated subsidiary 3,072 3,334
Intangible assets, net 327 402
Deferred income taxes, net 3,052 3,307
Other assets 16 102
Total Assets 43,455 39,217
Current Liabilities:    
Accounts payable 1,265 1,865
Accrued compensation and commissions expense 1,324 1,832
Other accrued expenses 808 387
Total Current Liabilities 3,397 4,084
Long-term lease liability 293 240
Total Liabilities 3,690 4,324
Contingencies (Note N)
Stockholders' Equity    
Common stock, $0.01 par value - 10,000,000 shares authorized; 5,409,550 shares issued and 5,272,204 shares outstanding at December 31, 2020, and 5,014,647 shares issued and 4,933,063 shares outstanding at December 31, 2019 53 50
Additional paid-in capital 45,477 41,576
Accumulated deficit (5,185) (6,153)
Treasury stock, 81,584 shares held in treasury at cost at December 31, 2020 and 2019 (580) (580)
Total Stockholders' Equity 39,765 34,893
Total Liabilities and Stockholders' Equity $ 43,455 $ 39,217