|
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
6 Months Ended |
|
Jun. 30, 2012
|
Jun. 30, 2011
|
| Cash flows from (used in) operating activities |
|
|
| Net income |
$ 261 |
$ 212 |
| Adjustments to reconcile net income to net cash from operating activities: |
|
|
| Depreciation |
32 |
28 |
| Deferred income taxes |
(1) |
(7) |
| Change in allowance for doubtful accounts |
(1) |
0 |
| Interest accrued on investments |
0 |
(3) |
| Change in: |
|
|
| Trade receivables |
(62) |
(232) |
| Inventories |
7 |
(155) |
| Other current assets |
17 |
(2) |
| Accounts payable |
79 |
96 |
| Accrued expenses |
76 |
133 |
| Deferred revenue |
0 |
(5) |
| Accrued income taxes |
58 |
105 |
| Net cash from operating activities |
466 |
170 |
| Cash flows from (used in) investing activities |
|
|
| Purchase of treasury bills |
0 |
(4,300) |
| Proceeds from the maturity of treasury bills |
0 |
4,300 |
| Purchase of property and equipment |
(42) |
(9) |
| Net cash used in investing activities |
(42) |
(9) |
| Cash flows from (used in) financing activities |
|
|
| Proceeds from issuance of stock |
4 |
18 |
| Dividends paid |
(270) |
(272) |
| Net cash used in financing activities |
(266) |
(254) |
| Net increase (decrease) in cash and cash equivalents |
158 |
(93) |
| Cash and cash equivalents, beginning |
5,476 |
583 |
| Cash and cash equivalents, ending |
5,634 |
490 |
| Supplemental schedule of non-cash investing and financing activities |
|
|
| Net change in unrealized gain (loss) on investments |
(115) |
561 |
| Supplemental cash flow information |
|
|
| Cash paid for income taxes |
$ 109 |
$ 52 |