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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 3,390,000 $ 3,523,000
Investment securities, available-for-sale, at fair value 1,098,000 1,050,000
Accounts receivable, net    
Trade - billed (less allowance for doubtful accounts of $208 and $347) 8,967,000 7,188,000
Trade - unbilled 251,000 271,000
Inventories, net    
Raw materials 819,000 642,000
Finished goods 2,696,000 1,936,000
Prepaid expenses and other assets 452,000 371,000
Refundable income taxes 1,359,000 251,000
Total current assets 19,032,000 15,232,000
Property and equipment, net 9,867,000 8,007,000
Other assets 326,000 173,000
Total assets 29,225,000 23,412,000
Current liabilities    
Accounts payable - trade 3,059,000 2,091,000
Accrued expenses and other liabilities 588,000 294,000
Deferred revenue 1,144,000 724,000
Accrued compensation 1,231,000 883,000
Dividend payable 256,000 49,000
Current maturities of notes payable 637,000 587,000
Customer deposits 919,000 431,000
Total current liabilities 7,834,000 5,059,000
Notes payable - less current maturities 2,896,000 3,346,000
Deferred tax liability 1,290,000 764,000
Total liabilities 12,020,000 9,169,000
Commitments and contingencies 0 0
Stockholders’ equity    
Preferred stock, $.01 par value; authorized 1,000,000 shares, none issued and outstanding 0 0
Common stock, $.01 par value; authorized 8,000,000 shares; 5,214,148 and 5,085,348 issued and 5,047,895 and 4,941,428 outstanding, respectively 51,000 50,000
Additional paid-in capital 5,719,000 5,192,000
Treasury stock, at cost, 40,920 shares (102,000) (102,000)
Accumulated other comprehensive loss (19,000) (25,000)
Retained earnings 11,556,000 9,128,000
Total stockholders’ equity 17,205,000 14,243,000
Total liabilities and stockholders' equity $ 29,225,000 $ 23,412,000