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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 8,876 $ 13,684
Marketable securities 11,794 7,327
Accounts receivable, less allowances of $435 at June 30, 2022 and $355 at December 31, 2021 28,050 19,821
Inventories 29,645 27,602
Prepaid expenses 697 808
Other current assets 2,219 864
Total current assets 81,281 70,106
Marketable securities, long-term 16,081 17,281
Equipment and leasehold improvements, net 3,281 3,174
Intangible assets, net 342 375
Goodwill 1,366 1,366
Right-of-use assets (operating leases) 1,752 2,052
Deferred tax assets 3,509 3,668
Total assets 107,612 98,022
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 12,894 10,275
Advance customer payments 713 599
Accrued expenses 3,778 4,418
Current operating lease liabilities 870 864
Total current liabilities 18,255 16,156
Other liabilities 155 177
Long-term operating lease liabilities 1,934 2,369
Reserve for income taxes 213 214
Total liabilities 20,557 18,916
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, 7,413,983 shares issued and outstanding at June 30, 2022 and 7,391,906 shares issued and outstanding at December 31, 2021 40,016 39,052
Accumulated other comprehensive loss (2,505) (1,510)
Retained earnings 49,544 41,564
Total stockholders’ equity 87,055 79,106
Total liabilities and stockholders’ equity $ 107,612 $ 98,022