|
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Cash flows from (used in) operating activities |
|
|
| Net income |
$ 706 |
$ 1,086 |
| Adjustments to reconcile net income to net cash from operating activities: |
|
|
| Depreciation |
110 |
71 |
| Realized gain on sale of available-for-sale securities |
(530) |
(794) |
| Deferred income taxes |
(71) |
38 |
| Interest accrued on investments |
(5) |
1 |
| Stock compensation expense |
162 |
6 |
| Change in allowance for doubtful accounts |
(2) |
1 |
| Changes in: |
|
|
| Trade receivables |
(142) |
57 |
| Inventories |
270 |
(102) |
| Current assets, other |
(60) |
41 |
| Accounts payable |
(35) |
(16) |
| Accrued expenses |
38 |
13 |
| Accrued income taxes |
(314) |
330 |
| Net cash from operating activities |
127 |
732 |
| Cash flows from (used in) investing activities |
|
|
| Proceeds from sale of available-for-sale securities |
536 |
874 |
| Purchase of treasury bills |
(6,425) |
(5,249) |
| Proceeds from the maturity of treasury bills |
6,451 |
0 |
| Purchase of property and equipment |
(23) |
(196) |
| Net cash from (used in) investing activities |
539 |
(4,571) |
| Cash flows from (used in) financing activities |
|
|
| Proceeds from issuance of common stock |
9 |
8 |
| Dividends paid |
(272) |
(543) |
| Net cash used in financing activities |
(263) |
(535) |
| Net increase (decrease) in cash and cash equivalents |
403 |
(4,374) |
| Cash and cash equivalents, beginning |
1,102 |
5,476 |
| Cash and cash equivalents, ending |
1,505 |
1,102 |
| Supplemental cash flow information |
|
|
| Cash paid during the year for income taxes |
$ 617 |
$ 207 |