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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash & cash equivalents $ 10,726 $ 4,472
Accounts receivable - net of reserves of $183 and $196, respectively 4,329 2,407
Inventories - net of reserves of $686 and $681, respectively 5,685 5,088
Prepaid expenses and other current assets 2,196 1,689
Current assets of discontinued operations 6,869
TOTAL CURRENT ASSETS 22,936 20,525
PROPERTY PLANT AND EQUIPMENT - NET 1,162 1,110
OTHER ASSETS    
Goodwill 9,405 10,108
Acquired intangible assets, net 3,070 3,661
Deferred income taxes 2,412 5,580
Right of use assets 724 1,146
Other assets 253 284
Non current assets of discontinued operations 1,937
TOTAL OTHER ASSETS 15,864 22,716
TOTAL ASSETS 39,962 44,351
CURRENT LIABILITIES    
Short term debt 126
Accounts payable 1,527 1,481
Short term leases 369 585
Accrued expenses and other current liabilities 4,307 6,676
Deferred revenue 92 408
Current liabilities of discontinued operations 1,965
TOTAL CURRENT LIABILITIES 6,295 11,241
LONG TERM LIABILITIES    
Long term debt 3,595
Long term leases 397 615
Other long term liabilities 30 52
Deferred tax liability 189 228
TOTAL LONG TERM LIABILITIES 616 4,490
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY    
Preferred stock, $.01 par value, 2,000,000 shares authorized, none issued
Common stock, $.01 par value, 75,000,000 shares authorized 36,535,636 and 35,915,636 shares issued, 21,570,439 and 22,666,072 shares outstanding 366 359
Additional paid in capital 52,635 51,555
Retained earnings 7,210 554
Treasury stock at cost, 14,965,197 and 13,249,564 shares (27,170) (24,619)
Accumulated other comprehensive income 10 771
TOTAL SHAREHOLDERS’ EQUITY 33,051 28,620
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 39,962 $ 44,351