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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES    
Net income $ 31,789,000 $ 1,067,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 361,000 336,000
Amortization of finite-lived intangible assets 56,000 56,000
Stock-based compensation 116,000 104,000
(Gain) loss on equity investment in unconsolidated subsidiary (59,453,000) 200,000
Unrealized loss (gain) on marketable securities 18,665,000 (15,000)
Non-cash donation of IRNT common stock, net of realized gain 1,060,000  
Deferred income tax expense 9,089,000 261,000
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (909,000) (199,000)
Decrease in inventories, net 20,000 586,000
(Increase) decrease in prepaid expenses and other assets (148,000) 179,000
Decrease in accounts payable, accrued compensation and commissions and other (419,000) (745,000)
Net cash provided by operating activities 227,000 1,830,000
INVESTING ACTIVITIES    
Subscription agreement funding (2,725,000)  
Capital expenditures (759,000) (329,000)
Proceeds from sale of marketable securities 758,000  
Purchase of marketable securities (270,000)  
Net cash used in investing activities (2,996,000) (329,000)
FINANCING ACTIVITIES    
Proceeds from at-the-market stock sales   3,254,000
Proceeds from stock option exercise 31,000 68,000
Net cash provided by financing activities 31,000 3,322,000
(Decrease) increase in cash and cash equivalents (2,738,000) 4,823,000
Cash and cash equivalents at beginning of period 18,331,000 12,453,000
Cash and cash equivalents at end of period 15,593,000 17,276,000
Noncash Investing Activity:    
Distribution of IRNT securities by Sponsor (unconsolidated subsidiary) 65,250,000  
Supplemental Disclosure:    
Interest paid   3,000
Income taxes paid $ 40,000 $ 56,000