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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 8,510 $ 17,578
Short-term investments 10,184 12,136
Accounts receivable, less current expected credit loss of $106 and $111, respectively 9,368 6,729
Inventories, net 397 439
Prepaid expenses and other current assets 1,160 1,439
Total current assets 29,619 38,321
Property and equipment, net 5,084 4,539
Goodwill 2,116 2,116
Other intangible assets, net 327 358
Right-of-use operating lease assets 585 609
Long-term investments 10,875 3,664
Other assets 191 781
Total assets 48,797 50,388
Current liabilities:    
Accounts payable 2,915 2,421
Accrued liabilities:    
Operating lease liabilities - current 77 81
Employee compensation 1,248 1,252
Other accrued liabilities 1,615 1,934
Total current liabilities 5,855 5,688
Operating lease liabilities - non-current 548 533
Deferred income taxes 176 172
Other liabilities 263 281
Total liabilities 6,842 6,674
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 31,767,329 and 31,361,303 shares issued, and 30,708,273 and 30,385,297 shares outstanding in 2024 and 2023, respectively 317 313
Additional paid-in capital 165,295 164,853
Accumulated deficit (119,472) (117,529)
Accumulated other comprehensive loss (1,915) (1,748)
Nil coupon perpetual loan notes 76 76
Treasury stock, at cost (Note 5) (2,346) (2,251)
Total stockholders’ equity 41,955 43,714
Total liabilities and stockholders’ equity $ 48,797 $ 50,388