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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 1,162 $ 916
Accounts receivable, less allowances of $231 and $196, respectively 15,668 14,875
Inventories, net 20,910 21,638
Contract assets 13,404 13,792
Assets held for sale 507
Prepaid assets and other assets 5,673 4,094
Total current assets 57,324 55,315
Property and equipment, net 5,575 6,232
Operating lease assets, net 7,831 8,139
Deferred tax assets 2,575 2,575
Other intangible assets, net 169 174
Other assets 59
Total assets 73,533 72,435
Current liabilities:    
Accounts payable 10,062 11,582
Accrued payroll and commissions 2,515 1,841
Customer deposits 5,028 5,140
Current portion of operating leases 1,187 1,175
Current portion of finance lease obligations 121 143
Notes payable 563 344
Other accrued liabilities 1,240 1,203
Total current liabilities 20,716 21,428
Long-term liabilities:    
Long-term line of credit 11,955 8,634
Long-term operating lease obligations, net of current portion 7,462 7,773
Long-term finance lease obligations, net of current portion 281 311
Other long-term liabilities 287 284
Total long-term liabilities 19,985 17,002
Total liabilities 40,701 38,430
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; 2,760,993 and 2,760,793 shares issued and outstanding, respectively 28 28
Additional paid-in capital 17,466 17,329
Accumulated other comprehensive loss (971) (977)
Retained earnings 16,059 17,375
Total shareholders’ equity 32,832 34,005
Total liabilities and shareholders’ equity $ 73,533 $ 72,435