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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 3,863,000 $ 4,781,000
Restricted cash 100,000 100,000
Accounts receivable, net 2,366,000 1,809,000
Inventories, net 2,540,000 2,897,000
Prepaid expenses and other current assets 211,000 180,000
Total current assets 9,080,000 9,767,000
Property and equipment, net 122,000 112,000
Right-of-use 676,000
Other assets 160,000 119,000
Total assets 10,038,000 9,998,000
Current liabilities:    
Accounts payable 1,029,000 1,023,000
Accrued payroll and related liabilities 192,000 185,000
Deferred service revenue 702,000 736,000
Lease liabilities, short term 252,000
Other accrued liabilities 368,000 559,000
Total current liabilities 2,543,000 2,503,000
Other long-term liabilities 52,000 40,000
Lease liabilities, long term 453,000
Deferred service revenue, long term 247,000 127,000
Total long-term liabilities 752,000 167,000
Total liabilities 3,295,000 2,670,000
Commitments and contingencies (Note 10)
Shareholders’ equity:    
Preferred stock, no par value; 5,000,000 shares authorized; no shares issued 0 0
Common stock, no par value; 50,000,000 shares authorized; 1,925,025 and 2,030,017 shares issued and outstanding as of December 31, 2019 and 2018, respectively 18,848,000 19,426,000
Accumulated deficit (12,105,000) (12,098,000)
Total shareholders’ equity 6,743,000 7,328,000
Total liabilities and shareholders’ equity $ 10,038,000 $ 9,998,000