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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 11,821 $ 8,510
Short-term investments 9,968 10,184
Accounts receivable, less current expected credit loss of $106 and $106, respectively 5,635 9,368
Inventories, net 534 397
Prepaid expenses and other current assets 1,188 1,160
Total current assets 29,146 29,619
Property and equipment, net of accumulated depreciation of $18,947 and $18,958, respectively 4,979 5,084
Goodwill 2,116 2,116
Other intangible assets, net of accumulated amortization of $534 and $525, respectively 324 327
Right-of-use operating lease assets, net 566 585
Long-term investments 9,381 10,875
Other assets 197 191
Total assets 46,709 48,797
Current liabilities:    
Accounts payable 1,587 2,915
Accrued liabilities:    
Operating lease liabilities - current 75 77
Employee compensation 1,286 1,248
Other accrued liabilities 1,339 1,615
Total current liabilities 4,287 5,855
Operating lease liabilities - non-current 532 548
Deferred income taxes, net 176 176
Other liabilities 276 263
Total liabilities 5,271 6,842
Stockholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 31,852,657 and 31,767,329 shares issued, and 30,769,258 and 30,708,273 shares outstanding, respectively 318 317
Additional paid-in capital 165,405 165,295
Accumulated deficit (120,211) (119,472)
Accumulated other comprehensive loss (1,780) (1,915)
Nil coupon perpetual loan notes 76 76
Treasury stock, at cost (2,370) (2,346)
Total stockholders’ equity 41,438 41,955
Total liabilities and stockholders’ equity $ 46,709 $ 48,797