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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 8,366,000 $ 7,992,000
Contract and other receivables, net 1,616,000 1,846,000
Costs and estimated earnings in excess of billings on uncompleted contracts 2,797,000 573,000
Inventories, net 231,000 847,000
Prepaid expenses and other current assets 348,000 550,000
Total current assets 13,358,000 11,808,000
Property and equipment, net 269,000 281,000
Lease right-of-use assets 5,220,000 5,566,000
Goodwill 780,000 780,000
Intangible assets, net 81,000 126,000
Other assets 890,000 720,000
Current Liabilities:    
Total assets 20,598,000 19,281,000
Accounts payable and accrued expenses 5,750,000 7,016,000
Deferred revenues 4,652,000 2,435,000
Current portion of long-term borrowings 2,044,000 2,023,000
Current portion of lease liabilities 613,000 644,000
Total current liabilities 13,059,000 12,118,000
Non-current portion of lease liabilities 4,627,000 4,938,000
Non-current portion of deferred revenues 5,000 22,000
Total liabilities 17,691,000 17,078,000
Stockholders’ Equity:    
Preferred stock, $.0001 par value; 1,000 shares authorized at June 30, 2022 and December 31, 2021; none issued 0 0
Common stock, $.0001 par value; 49,000 shares authorized at June 30, 2022 and December 31, 2021; 20,620 and 20,286 issued; 19,189 and 18,862 outstanding at June 30, 2022 and December 31, 2021, respectively 2,000 2,000
Additional paid-in capital 70,828,000 70,584,000
Treasury stock 1,431 and 1,424 shares at cost at June 30, 2022 and December 31, 2021 (2,074,000) (2,071,000)
Accumulated deficit (65,849,000) (66,312,000)
Total stockholders’ equity 2,907,000 2,203,000
Total liabilities and stockholders’ equity $ 20,598,000 $ 19,281,000