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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 5,118 $ 4,236
Accounts receivable, net of allowance for doubtful accounts of $19 and $72, respectively 3,126 3,830
Inventories 781 1,289
Prepaid expenses and other current assets 463 410
Total current assets 9,488 9,765
Property and equipment:    
Furniture and fixtures 163 162
Leasehold improvements 6 8
Equipment 1,339 1,058
Total property and equipment 1,508 1,228
Accumulated depreciation 1,089 882
Net property and equipment 419 346
Intangible assets, net 3,875 3,317
Deferred income taxes 5,220 56
Operating lease asset, net 181 0
TOTAL ASSETS 19,183 13,484
Current liabilities:    
Accounts payable 373 878
Deferred revenue 28 716
Warranty 313 656
Accrued compensation 105 224
Other current liabilities 412 373
Total current liabilities 1,231 2,847
Non-current liabilities    
Operating lease obligation 19 0
TOTAL LIABILITIES 1,250 2,847
Shareholders' equity    
Preferred stock, $.01 par value; 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $.01 par value; 20,000,000 shares authorized, 5,332,849 and 5,278,485 issued and outstanding, respectively 53 52
Additional paid-in capital 24,751 24,550
Accumulated other comprehensive loss (306) (372)
Accumulated deficit (6,565) (13,593)
Total shareholders' equity 17,933 10,637
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 19,183 $ 13,484