|
Condensed Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
|
Jun. 30, 2012
|
Dec. 31, 2011
|
| ASSETS |
|
|
| Cash and cash equivalents |
$ 5,634 |
$ 5,476 |
| Available for sale securities |
2,996 |
3,181 |
| Trade receivables, less allowance for doubtful accounts of $8 and $9, respectively |
794 |
731 |
| Inventories |
1,221 |
1,228 |
| Income tax receivable |
0 |
17 |
| Other current assets |
99 |
116 |
| Total current assets |
10,744 |
10,749 |
| Property and equipment, net |
1,189 |
1,179 |
| Total assets |
11,933 |
11,928 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
| Accounts payable |
189 |
110 |
| Accrued expenses |
290 |
214 |
| Accrued income tax |
41 |
0 |
| Total current liabilities |
520 |
324 |
| Deferred income tax liability |
1,154 |
1,225 |
| Commitments and contingencies |
|
|
| Stockholders' equity |
|
|
| Common stock par value $0.10 per share; authorized 10,000,000 shares; issued and outstanding: 3,390,785 and 3,389,577 shares, respectively |
339 |
339 |
| Additional paid-in capital |
1,565 |
1,561 |
| Retained earnings |
6,561 |
6,570 |
| Accumulated other comprehensive income (unrealized gain on available for sale securities, net of income tax) |
1,794 |
1,909 |
| Total stockholders' equity |
10,259 |
10,379 |
| Total liabilities and stockholders' equity |
$ 11,933 |
$ 11,928 |