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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 13,684 $ 8,399
Marketable securities 7,327 8,121
Accounts receivable, less allowance for doubtful accounts of $355 at December 31, 2021 and $302 at December 31, 2020 19,821 14,735
Inventories 27,602 20,271
Prepaid expenses 808 686
Other current assets 864 890
Total current assets 70,106 53,102
Marketable securities, long-term 17,281 14,052
Equipment and leasehold improvements, net 3,174 3,235
Intangibles, net 375 325
Goodwill 1,366 1,366
Right-of-use assets (operating leases) 2,052 2,621
Trade notes receivable, long-term 0 418
Deferred tax assets 3,668 4,597
Total assets 98,022 79,716
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 10,275 5,118
Advance customer payments 599 823
Accrued expenses 4,418 3,893
Current operating lease liabilities 864 819
Total current liabilities 16,156 10,653
Other liabilities 177 134
Long-term operating lease liabilities 2,369 3,244
Reserve for income taxes 214 157
Total liabilities 18,916 14,188
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, 7,391,906 shares issued and outstanding at December 31, 2021 and 7,294,617 shares issued and outstanding at December 31, 2020 39,052 37,817
Accumulated other comprehensive loss (1,510) (1,102)
Retained earnings 41,564 28,813
Total stockholders’ equity 79,106 65,528
Total liabilities and stockholders’ equity $ 98,022 $ 79,716