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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Mar. 31, 2018
Current assets:    
Cash $ 1,573 $ 1,329
Accounts receivable, net of allowance for doubtful accounts of $27 at December 31, 2018 and $27 at March 31, 2018 1,883 2,664
Inventories, net 10,112 9,034
Prepaid expenses and other current assets 641 590
Total current assets 14,209 13,617
Equipment and leasehold improvements, net 15,183 15,734
Restricted cash 65
Other assets 291 291
Total assets 29,683 29,707
Current liabilities:    
Accounts payable 4,055 3,527
Accrued expenses 1,073 892
Short-term contract obligation 332
Line of credit 1,750 500
Current maturities of long-term debt 663 655
Customer deposits 172 133
Total current liabilities 8,045 5,707
Long-term debt, less current maturities 5,328 5,790
Other long-term liabilities 57 103
Total liabilities 13,430 11,600
Commitments and contingencies
Stockholders’ equity:    
Preferred stock of $0.01 par value, authorized 10,000,000 shares; no shares issued and outstanding
Common stock of $0.02 par value, shares authorized 50,000,000; 5,836,110 shares issued and outstanding at December 31, 2018 and 5,772,032 shares at March 31, 2018 117 115
Additional paid-in capital 32,318 32,051
Accumulated deficit (16,182) (14,059)
Total stockholders’ equity 16,253 18,107
Total liabilities and stockholders’ equity $ 29,683 $ 29,707