XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 286,000 $ 43,000
Receivables, net 1,706,000 1,382,000
Inventories 1,221,000 1,542,000
Prepaids and other assets 624,000 327,000
Total current assets 3,837,000 3,294,000
Long-term assets:    
Rental equipment, net 472,000 656,000
Property, plant and equipment, net 2,013,000 2,200,000
Right of use assets 639,000 858,000
Other assets 46,000 47,000
Total long-term assets 3,170,000 3,761,000
TOTAL ASSETS 7,007,000 7,055,000
Current liabilities:    
Accounts payable 5,432,000 1,640,000
Accrued liabilities 4,105,000 4,555,000
Current portion of long-term debt 2,518,000 2,546,000
Current lease liabilities 306,000 302,000
Customer deposits 66,000 524,000
Total current liabilities 12,427,000 9,567,000
Long-term liabilities:    
Long-term debt, less current portion 269,000
Long-term lease liabilities 363,000 591,000
Deferred pension liability and other 4,051,000 3,677,000
Total long-term liabilities 4,414,000 4,537,000
Total liabilities 16,841,000 14,104,000
Stockholders' deficit:    
Common Stock - $0.001 par value - 30,000,000 shares authorized; shares issued: 13,474,116 in 2021 and 2020; shares outstanding: 13,446,276 in 2021 and 2020 13,000 13,000
Additional paid-in-capital 41,330,000 41,330,000
Accumulated deficit (40,802,000) (38,007,000)
Accumulated other comprehensive loss (7,312,000) (7,322,000)
Treasury stock - at cost - 27,840 common shares in 2021 and 2020 (3,063,000) (3,063,000)
Total stockholders' deficit (9,834,000) (7,049,000)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 7,007,000 7,055,000
Convertible Preferred Stock [Member] | Series A Preferred Stock [Member]    
Stockholders' deficit:    
Preferred Stock Series A - $20 stated value - 416,500 shares authorized; shares issued and outstanding: 0 in 2021 and 2020 and Preferred Stock Series B - $200 stated value - 51,000 shares authorized; shares issued and outstanding: 0 in 2021 and 2020
Convertible Preferred Stock [Member] | Series B Preferred Stock [Member]    
Stockholders' deficit:    
Preferred Stock Series A - $20 stated value - 416,500 shares authorized; shares issued and outstanding: 0 in 2021 and 2020 and Preferred Stock Series B - $200 stated value - 51,000 shares authorized; shares issued and outstanding: 0 in 2021 and 2020