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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 8,605 $ 5,118
Accounts receivable, net of allowance for doubtful accounts of $2 and $19, respectively 2,261 3,126
Inventories 770 781
Prepaid expenses and other current assets 480 463
Total current assets 12,116 9,488
Property and equipment:    
Furniture and fixtures 154 163
Leasehold improvements 6 6
Equipment 1,215 1,339
Total property and equipment 1,375 1,508
Accumulated depreciation 1,072 1,089
Net property and equipment 303 419
Intangible assets, net 3,161 3,875
Deferred income taxes 5,708 5,220
Operating lease asset, net 136 181
TOTAL ASSETS 21,424 19,183
Current liabilities:    
Accounts payable 547 373
Deferred revenue 37 28
Warranty 141 313
Accrued compensation 148 105
Operating lease obligation 126 181
Short-term debt 349 0
Other current liabilities 124 231
Total current liabilities 1,472 1,231
Non-current liabilities    
Operating lease obligation 8 19
Long-term debt 574 0
TOTAL LIABILITIES 2,054 1,250
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, 5,352,626 and 5,322,849 issued and outstanding, respectively 54 53
Additional paid-in capital 24,968 24,751
Accumulated other comprehensive loss (150) (306)
Accumulated deficit (5,502) (6,565)
Total shareholders' equity 19,370 17,933
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 21,424 $ 19,183