XML 21 R2.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 1,964 $ 4,750
Accounts receivable, net of allowance for credit losses of $64 and $87 at December 31, 2023 and 2022, respectively 3,687 3,739
Prepaid expenses and other current assets 1,136 1,136
Income tax receivable 18 339
Total Current Assets 6,805 9,964
Property and equipment:    
Computer software 4,774 4,648
Office furniture and equipment 2,253 2,247
Laboratory equipment 16,038 16,013
Leasehold improvements 3,629 3,629
Property, Plant and Equipment, Gross 26,694 26,537
Accumulated depreciation and amortization (23,633) (21,964)
Property, Plant and Equipment, Net 3,061 4,573
Other assets 632 823
Deferred tax assets 0 691
Operating lease right-of-use assets 1,828 2,681
Total Assets 12,326 18,732
Current Liabilities:    
Accounts payable 752 448
Accrued expenses 2,604 3,939
Current portion of long-term debt 305 294
Current portion of operating lease liabilities 1,048 1,037
Total Current Liabilities 4,709 5,718
Long-term debt 0 305
Long-term portion of operating lease liabilities 945 1,938
Total Liabilities 5,654 7,961
Commitments and Contingencies  
Shareholders' Equity:    
Preferred stock, $0.005 par value, 873 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.005 par value; 50,000 shares authorized 6,474 shares and 6,349 shares issued at December 31, 2023 and 2022, respectively, 5,806 shares outstanding and 5,681 shares outstanding at December 31, 2023 and 2022, respectively 32 32
Additional paid-in capital 35,129 34,275
Less - Treasury stock, at cost, 668 shares (10,082) (10,082)
Accumulated deficit (16,773) (11,820)
Accumulated other comprehensive loss (1,634) (1,634)
Total Shareholders' Equity 6,672 10,771
Total Liabilities and Shareholders' Equity $ 12,326 $ 18,732