XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 8,212 $ 8,605
Accounts receivable, net of allowance for doubtful accounts of $5 and $2 respectively 2,850 2,261
Inventories 829 770
Prepaid expenses and other current assets 434 480
Total current assets 12,325 12,116
Property and equipment:    
Furniture and fixtures 154 154
Leasehold improvements 6 6
Equipment 1,222 1,215
Property and equipment, Gross 1,382 1,375
Accumulated depreciation 1,114 1,072
Property and equipment, Net 268 303
Operating lease assets, net 82 136
Intangible assets, net 3,097 3,161
Deferred income taxes 5,507 5,708
TOTAL ASSETS 21,279 21,424
Current liabilities:    
Accounts payable 301 547
Deferred revenue 38 37
Warranty 130 141
Accrued compensation 128 148
Operating lease obligations 75 126
Short-term debt 0 349
Other current liabilities 124 124
Total current liabilities 796 1,472
Operating lease obligations 6 8
Long-term debt 0 574
TOTAL LIABILITIES 802 2,054
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, 5,354,337 and 5,352,626 issued and outstanding at March 31, 2021 and December 31, 2020, respectively 54 54
Additional paid-in capital 24,997 24,968
Accumulated other comprehensive loss (203) (150)
Accumulated deficit (4,371) (5,502)
Total shareholders' equity 20,477 19,370
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 21,279 $ 21,424