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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash $ 3,936 $ 6,726
Accounts receivable, net    
Trade - billed (less allowance of approximately $937 and $781, respectively), including contract retentions 17,867 16,223
Trade - unbilled 2,534 990
Inventories, net    
Raw materials 2,705 1,776
Finished goods 2,286 2,042
Prepaid expenses 776 706
Refundable income taxes 476 477
Total current assets 30,580 28,940
Property and equipment, net 25,676 25,124
Other assets 243 249
Total assets 56,499 54,313
Current liabilities    
Accounts payable - trade 6,440 5,816
Accrued expenses and other liabilities 745 799
Deferred revenue 2,001 2,243
Accrued compensation 640 788
Accrued income taxes 168 146
Operating lease liabilities 64 77
Current maturities of notes payable 636 618
Customer deposits 2,494 737
Total current liabilities 13,188 11,224
Deferred revenue 2,475 2,174
Operating lease liabilities 34 45
Notes payable - less current maturities 5,558 5,730
Deferred tax liability 2,087 2,085
Total liabilities 23,342 21,258
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; 5,345,189 and 5,345,189 issued and 5,256,413 and 5,256,413 outstanding, respectively 53 53
Additional paid-in capital 7,525 7,440
Treasury stock, at cost, 40,920 shares (102) (102)
Retained earnings 25,681 25,664
Total stockholders' equity 33,157 33,055
Total liabilities and stockholders' equity $ 56,499 $ 54,313