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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 187 $ 48
Restricted cash 501 482
Accounts receivable, net of allowance for doubtful accounts of $113 and $185 at December 31, 2018 and 2017, respectively 3,289 3,840
Costs and estimated profit in excess of billings 0 565
Inventories 1,790 1,285
Fair value of contingent earn-out receivable, current 63 373
Other current assets 343 216
Total current assets 6,173 6,809
Property, plant and equipment, net 4,131 4,456
Fair value of contingent earn-out receivable, noncurrent 0 61
Intangible assets, net 1,274 1,589
Total assets 11,578 12,915
Current liabilities:    
Notes payable 6,513 5,969
Current portion of long-term debt 3,048 1,068
Trade accounts payable 6,240 4,856
Customer deposits 184 0
Billings in excess of costs and estimated profit 0 983
Accrued compensation 492 416
Other accrued liabilities 2,697 2,370
Total current liabilities 19,174 15,662
Long-term debt 2,113 3,061
Deferred income taxes 10 28
Total long-term liabilities 2,123 3,089
Total liabilities 21,297 18,751
Commitments and contingencies
Shareholders' deficit:    
Preferred stock, $.001 par value; 2,000,000 shares authorized as of December 31, 2018 and 2017, respectively; 597,139 shares issued and outstanding at December 31, 2018 and 546,466 shares issued and outstanding at December 31, 2017 1 0
Common stock, $.001 par value; 7,500,000 shares authorized as of December 31, 2018 and 2017, respectively; 2,466,219 shares issued and outstanding at December 31, 2018 and 2,396,219 issued and outstanding at December 31, 2017 2 2
Additional paid-in capital 82,646 83,014
Accumulated deficit (92,368) (88,852)
Total shareholders' deficit (9,719) (5,836)
Total liabilities and shareholders' deficit $ 11,578 $ 12,915