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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,834 $ 5,118
Accounts receivable, net of allowance for doubtful accounts of $20 and $19 respectively 2,629 3,126
Inventories 640 781
Prepaid expenses and other current assets 512 463
Total current assets 10,615 9,488
Property and equipment:    
Furniture and fixtures 147 163
Leasehold improvements 6 6
Equipment 1,418 1,339
Property and equipment, Gross 1,571 1,508
Accumulated depreciation 1,186 1,089
Property and equipment, Net 385 419
Operating lease assets, net 245 181
Intangible assets, net 3,535 3,875
Deferred income taxes 5,219 5,220
TOTAL ASSETS 19,999 19,183
Current liabilities:    
Accounts payable 253 373
Deferred revenue 18 28
Warranty 150 313
Accrued compensation 235 105
Operating lease obligations 216 164
Short-term debt 402 0
Other current liabilities 148 248
Total current liabilities 1,422 1,231
Operating lease obligations 28 19
Long-term debt 522 0
TOTAL LIABILITIES 1,972 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, 5,338,071 and 5,322,849 issued and outstanding at June 30, 2020 and December 31, 2019, respectively 53 53
Additional paid-in capital 24,858 24,751
Accumulated other comprehensive loss (358) (306)
Accumulated deficit (6,526) (6,565)
Total shareholders' equity 18,027 17,933
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 19,999 $ 19,183