|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Jun. 30, 2014
|
Dec. 31, 2013
|
| Current Assets |
|
|
| Cash and cash equivalents |
$ 837 |
$ 1,505 |
| Treasury bills |
6,334 |
5,227 |
| Available-for-sale securities |
1,621 |
2,718 |
| Trade receivables, less allowance for doubtful accounts of $8 |
817 |
746 |
| Inventories |
1,123 |
1,060 |
| Other current assets |
152 |
136 |
| Total current assets |
10,884 |
11,392 |
| Intangible asset, net |
1,588 |
0 |
| Property and equipment, net |
1,175 |
1,217 |
| Total assets |
13,647 |
12,609 |
| Current Liabilities |
|
|
| Current maturities of note payable |
381 |
0 |
| Accounts payable current |
161 |
59 |
| Accrued expenses current |
327 |
265 |
| Accrued income tax |
97 |
0 |
| Total current liabilities |
966 |
324 |
| Long-term liabilities |
|
|
| Note payable - long term |
390 |
0 |
| Contingent earn-out |
472 |
0 |
| Deferred income tax liability |
588 |
1,022 |
| Total long-term liabilities |
1,450 |
1,022 |
| Commitments and contingencies |
|
|
| Stockholders' equity |
|
|
| Common stock par value $0.10 per share; authorized 10,000,000 shares; issued and outstanding: 3,395,521 and 3,394,707 shares, respectively |
340 |
339 |
| Additional paid-in capital |
1,785 |
1,746 |
| Retained earnings |
8,149 |
7,547 |
| Accumulated other comprehensive income (unrealized gain on available-for-sale securities, net of income tax) |
957 |
1,631 |
| Total stockholders' equity |
11,231 |
11,263 |
| Total liabilities and stockholders' equity |
$ 13,647 |
$ 12,609 |