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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,933 $ 8,229
Accounts receivable, net of allowance for doubtful accounts of $6 and $18 respectively 2,762 2,369
Inventories 1,475 1,429
Investments in available-for-sale debt securities 425 0
Investments in equity securities 247 [1] 0
Due from broker 481 0
Prepaid expenses and other current assets 913 355
Total current assets 8,236 12,382
Property and equipment:    
Furniture and fixtures 136 136
Leasehold improvements 6 6
Equipment 972 994
Real property 2,059 2,059
Property and equipment, Gross 3,173 3,195
Accumulated depreciation 997 958
Property and equipment, Net 2,176 2,237
Operating lease assets, net 9 58
Intangible assets, net 2,996 2,866
Deferred income taxes 4,811 4,824
Long-term investments in available-for-sale debt securities 3,011 0
TOTAL ASSETS 21,239 22,367
Current liabilities:    
Accounts payable 479 236
Deferred revenue 112 107
Warranty 119 128
Accrued compensation 59 132
Operating lease obligations 10 59
Current maturities of long-term debt 57 56
Other current liabilities 133 181
Total current liabilities 969 899
Long-term debt 1,645 1,674
TOTAL LIABILITIES 2,614 2,573
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, 5,398,887 and 5,378,857 issued and outstanding at June 30, 2022 and December 31, 2021, respectively 54 54
Additional paid-in capital 25,452 25,167
Accumulated other comprehensive loss (543) (288)
Accumulated deficit (6,338) (5,139)
Total shareholders' equity 18,625 19,794
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 21,239 $ 22,367
[1] The fair value of the Company's equity investments are determined based on readily available market data, and are classified as level 1 fair value measurements.