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BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 7,128,000 $ 7,510,000
Accounts receivable, net 5,628,000 7,559,000
Inventories 85,000 322,000
Income tax receivable 241,000 126,000
Prepaid expenses and other 711,000 375,000
Total Current Assets 13,793,000 15,892,000
Other Assets:    
Property and equipment, net 75,000 549,000
Operating lease right-of-use assets 37,000 177,000
Other, net 155,000 372,000
Total Assets 14,060,000 16,990,000
Current Liabilities:    
Accounts payable 3,148,000 3,036,000
Accrued liabilities:    
Compensation 424,000 539,000
Other 827,000 570,000
Current portion of long-term debt 464,000 0
Current portion of operating lease liabilities 56,000 212,000
Deferred revenue 180,000 140,000
Total Current Liabilities 5,099,000 4,497,000
Long-Term Liabilities:    
Accrued income taxes 677,000 643,000
Long-term debt, net of current portion 590,000 0
Operating lease liabilities 0 56,000
Total Long-Term Liabilities 1,267,000 699,000
Commitments and Contingencies
Shareholders' Equity:    
Common stock, par value $.01: Authorized shares - 5,714,000, Issued and outstanding shares - 1,748,000 in 2020 and 1,725,000 in 2019 122,000 121,000
Additional paid-in capital 16,133,000 15,934,000
Accumulated deficit (8,561,000) (4,261,000)
Total Shareholders' Equity 7,694,000 11,794,000
Total Liabilities and Shareholders' Equity $ 14,060,000 $ 16,990,000