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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 4,028 $ 960
Restricted cash 0 715
Accounts receivable, less allowances of $292 and $358, respectively 16,051 19,279
Inventories, net 22,951 21,660
Contract assets 14,194 14,481
Prepaid assets and other assets 1,892 1,698
Total current assets 59,116 58,793
Property and equipment, net 6,134 6,513
Operating lease assets, net 7,339 6,917
Deferred tax assets 2,640 2,641
Other intangible assets, net 223 263
Total assets 75,452 75,127
Current liabilities:    
Current portion of finance lease obligations 296 356
Current portion of operating lease obligations 1,235 1,033
Accounts payable 15,217 15,924
Accrued payroll and commissions 4,771 4,138
Customer deposits 3,139 4,068
Other accrued liabilities 1,063 1,063
Total current liabilities 25,721 26,582
Long-term liabilities:    
Long-term line of credit 6,170 5,815
Long-term finance lease obligations, net of current portion 168 209
Long-term operating lease obligations, net of current portion 6,977 6,763
Other long-term liabilities 410 414
Total long-term liabilities 13,725 13,201
Total liabilities 39,446 39,783
Shareholders' equity:    
Preferred stock, $1 par value; 1,000,000 shares authorized; 250,000 shares issued and outstanding 250 250
Common stock - $0.01 par value; 9,000,000 shares authorized; 2,747,678 and 2,740,178 shares issued and outstanding, respectively 27 27
Additional paid-in capital 17,009 16,929
Accumulated other comprehensive loss (715) (532)
Retained earnings 19,435 18,670
Total shareholders' equity 36,006 35,344
Total liabilities and shareholders' equity $ 75,452 $ 75,127