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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 4,723 $ 4,236
Accounts receivable, net of allowance for doubtful accounts of $23 and $72 respectively 3,376 3,830
Inventories 765 1,289
Prepaid expenses and other current assets 528 410
Total current assets 9,392 9,765
Property and equipment:    
Furniture and fixtures 162 162
Leasehold improvements 6 8
Equipment 1,294 1,058
Property and equipment, Gross 1,462 1,228
Accumulated depreciation 1,033 882
Property and equipment, Net 429 346
Operating lease assets, net 245 0
Intangible assets, net 3,911 3,317
Deferred income taxes 5,257 56
TOTAL ASSETS 19,234 13,484
Current liabilities:    
Accounts payable 395 878
Deferred revenue 23 716
Warranty 444 656
Accrued compensation 76 224
Operating lease obligations 222 0
Other current liabilities 235 373
Total current liabilities 1,395 2,847
Operating lease obligations 24 0
TOTAL LIABILITIES 1,419 2,847
Shareholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value; 20,000,000 shares authorized, 5,315,739 and 5,278,485 issued and outstanding at September 30, 2019 and December 31, 2018, respectively 53 52
Additional paid-in capital 24,694 24,550
Accumulated other comprehensive loss (457) (372)
Accumulated deficit (6,475) (13,593)
Total shareholders' equity 17,815 10,637
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 19,234 $ 13,484