BASIS OF PRESENTATION AND CERTAIN SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2020

BASIS OF PRESENTATION AND CERTAIN SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Net Sales for Geographic Areas

In the following table, revenue for the three and six months ended June 30, 2020 and 2019 is disaggregated by geographic areas as follows:

(in thousands)	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
United States	$	8,057	$	15,056	$	23,389	$	33,380
Canada		790		1,395		2,283		3,128
Spain		299		301		619		653
All other countries		-		445		-		977
Net sales	$	9,146	$	17,197	$	26,291	$	38,138

Inventory

Inventory is physically counted twice annually in the Texas distribution center.  At the store level, inventory is physically counted each quarter.  Inventory is then adjusted in our accounting system to reflect actual count results.

(in thousands)	June 30, 2020		December 31, 2019
On hand:
Finished goods held for sale	$	28,072	$	20,575
Raw materials and work in process		815		717
Inventory in transit		2,044		2,750
TOTAL	$	30,931	$	24,042

Other Intangibles

Our intangible assets and related accumulated amortization consisted of the following:

(in thousands)	June 30, 2020
	Gross		Accumulated Amortization		Net
Trademarks/copyrights	$	554	$	547	$	7
TOTAL	$	554	$	547	$	7
	December 31, 2019
	Gross		Accumulated Amortization		Net
Trademarks/copyrights		554		547		7
TOTAL	$	554	$	547	$	7