XML 43 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 5,425 $ 5,118
Accounts receivable, net of allowance for doubtful accounts of $4 and $19 respectively 2,898 3,126
Inventories 686 781
Prepaid expenses and other current assets 571 463
Total current assets 9,580 9,488
Property and equipment:    
Furniture and fixtures 147 163
Leasehold improvements 6 6
Equipment 1,413 1,339
Property and equipment, Gross 1,566 1,508
Accumulated depreciation 1,122 1,089
Property and equipment, Net 444 419
Operating lease assets, net 115 181
Intangible assets, net 3,722 3,875
Deferred income taxes 5,218 5,220
TOTAL ASSETS 19,079 19,183
Current liabilities:    
Accounts payable 570 373
Deferred revenue 18 28
Warranty 220 313
Accrued compensation 181 105
Operating lease obligations 102 0
Other current liabilities 200 412
Total current liabilities 1,291 1,231
Operating lease obligations 13 19
TOTAL LIABILITIES 1,304 1,250
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, 5,331,799 and 5,322,849 issued and outstanding at March 31, 2020 and December 31, 2019, respectively 53 53
Additional paid-in capital 24,810 24,751
Accumulated other comprehensive loss (412) (306)
Accumulated deficit (6,676) (6,565)
Total shareholders' equity 17,775 17,933
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 19,079 $ 19,183