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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 174 $ 1,094
Accounts receivable, net 4,451 2,695
Inventories, net 5,747 7,841
Income taxes receivable 217 705
Property and equipment held for sale   500
Prepaid expenses 701 368
Other current assets   71
Total current assets 11,290 13,274
Property and equipment, net 129 124
Deferred tax asset 582 556
Goodwill 5,280 3,230
Intangible assets, net 15,105 8,719
Operating lease right-of-use assets 3,048 188
Other assets 38  
Total assets 35,472 26,091
Current liabilities:    
Accounts payable 2,959 1,809
Accrued expenses 589 422
Current portion of long-term debt 1,000  
Operating lease liabilities, current portion 301 197
Total current liabilities 4,849 2,428
Long-term debt, net of current portion and debt issuance costs 4,031  
Operating lease liabilities, net of current 2,977 19
Other liabilities 143 27
Total liabilities 12,000 2,474
Shareholders’ equity:    
Preferred stock, no par value, authorized 20,000 shares; no shares issued and outstanding
Common stock; $0.10 par value, authorized 50,000 shares; issued and outstanding 12,513 shares (2020) and 12,462 shares (2019) 1,251 1,246
Capital in excess of par 7,418 7,250
Retained earnings 14,803 15,121
Total shareholders’ equity 23,472 23,617
Total liabilities and shareholders’ equity $ 35,472 $ 26,091