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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 7,633 $ 6,944
Marketable securities 6,396 6,670
Accounts receivable, less allowance for doubtful accounts of $290 at September 30, 2018 and $473 at December 31, 2017 14,525 10,772
Inventories 13,935 14,393
Other current assets 2,314 1,593
Total current assets 44,803 40,372
Marketable securities, long-term 9,806 9,073
Equipment and leasehold improvements, net 2,326 2,307
Intangible assets, net 333 380
Goodwill 1,366 1,366
Other assets 201 261
Deferred tax assets 5,546 5,742
Total assets 64,381 59,501
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 5,380 4,294
Advance customer payments 1,240 393
Accrued expenses 2,656 2,285
Total current liabilities 9,276 6,972
Other liabilities 156 88
Reserve for income taxes 159 159
Total liabilities 9,591 7,219
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, no par value, 5,000,000 shares authorized, none outstanding 0 0
Common stock, no par value, 25,000,000 shares authorized, 7,064,089 shares issued and outstanding at September 30, 2018 and 6,979,686 shares issued and outstanding at December 31, 2017 35,452 34,080
Accumulated other comprehensive loss (1,733) (1,409)
Retained earnings 21,071 19,611
Total stockholders’ equity 54,790 52,282
Total liabilities and stockholders’ equity $ 64,381 $ 59,501