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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 13,033 $ 14,365
Accounts receivable, net 2,156 3,788
Contract assets 2,951 2,170
Inventories, net 4,150 2,538
Employee retention credit receivable 1,529 0
Other current assets 543 797
Total current assets 24,362 23,658
Employee retention credit receivable 0 1,529
Property, plant and equipment, net 12,300 12,596
Intangible assets, net 111 119
Other assets 10 10
Total assets 36,783 37,912
Current liabilities    
Accounts payable 1,307 1,454
Accrued expenses 1,667 2,591
Current maturities of long-term debt 79 77
Contract liabilities 4,702 4,042
Total current liabilities 7,755 8,164
Long-term debt, net of current portion 309 349
Total liabilities 8,064 8,513
Common stock - $0.01 par value – 20,000,000 shares authorized; issued and outstanding 6,779,063 at June 30, 2023 and 6,760,938 at December 31, 2022 67 67
Additional paid-in capital 28,185 27,712
Retained earnings 467 1,620
Total stockholders’ equity 28,719 29,399
Total liabilities and stockholders’ equity $ 36,783 $ 37,912