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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 7,470 $ 5,118
Accounts receivable, net of allowance for doubtful accounts of $20 and $19 respectively 3,220 3,126
Inventories 415 781
Prepaid expenses and other current assets 499 463
Total current assets 11,604 9,488
Property and equipment:    
Furniture and fixtures 148 163
Leasehold improvements 6 6
Equipment 1,205 1,339
Property and equipment, Gross 1,359 1,508
Accumulated depreciation 1,020 1,089
Property and equipment, Net 339 419
Operating lease assets, net 191 181
Intangible assets, net 3,348 3,875
Deferred income taxes 5,219 5,220
TOTAL ASSETS 20,701 19,183
Current liabilities:    
Accounts payable 276 373
Deferred revenue 34 28
Warranty 142 313
Accrued compensation 209 105
Operating lease obligations 178 164
Short-term debt 556 0
Other current liabilities 94 248
Total current liabilities 1,489 1,231
Operating lease obligations 10 19
Long-term debt 367 0
TOTAL LIABILITIES 1,866 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, 5,346,291 and 5,322,849 issued and outstanding at September 30, 2020 and December 31, 2019, respectively 53 53
Additional paid-in capital 24,913 24,751
Accumulated other comprehensive loss (264) (306)
Accumulated deficit (5,867) (6,565)
Total shareholders' equity 18,835 17,933
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 20,701 $ 19,183