XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Statement of Financial Position [Abstract]    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 14,919,000 $ 18,059,000
Current assets:    
Cash and cash equivalents 11,664,000 12,039,000
Restricted cash 2,768,000 6,020,000
Accounts receivable, net of allowance for doubtful accounts of $1,216 and $1,411, respectively 14,627,000 18,399,000
Inventories, net 317,000 957,000
Prepaid expenses and other current assets 2,241,000 3,184,000
Income taxes receivable 129,000 118,000
Total current assets 31,746,000 40,717,000
Property and equipment, net of accumulated depreciation of $26,481 and $26,528, respectively 5,832,000 5,976,000
Goodwill 2,116,000 2,116,000
Other intangible assets, net of accumulated amortization of $6,601 and $6,608, respectively 1,070,000 1,164,000
Restricted cash 487,000 0
Right-of-use operating lease assets 1,293,000 0
Assets held for sale 396,000 485,000
Other assets 1,041,000 1,261,000
Total assets 43,981,000 51,719,000
Current liabilities:    
Accounts payable 3,890,000 9,499,000
Accrued liabilities:    
Operating lease liabilities - current 472,000 0
Employee compensation 947,000 1,563,000
Other accrued liabilities 5,282,000 6,099,000
Total current liabilities 10,591,000 17,161,000
Operating lease liabilities - non-current 810,000 0
Deferred income taxes 172,000 171,000
Other liabilities 290,000 335,000
Total liabilities 11,863,000 17,667,000
COMMITMENTS AND CONTINGENCIES (Note 14)
Stockholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 24,843,668 and 24,825,891 shares issued, and 24,186,824 and 24,170,585 shares outstanding, respectively 248,000 248,000
Additional paid-in capital 139,211,000 138,992,000
Accumulated deficit (104,707,000) (102,495,000)
Accumulated other comprehensive loss (1,224,000) (1,285,000)
Nil coupon perpetual loan notes 76,000 76,000
Treasury stock, at cost (1,486,000) (1,484,000)
Total stockholders’ equity 32,118,000 34,052,000
Total liabilities and stockholders’ equity $ 43,981,000 $ 51,719,000