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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 477 $ 243
Accounts receivable-trade, net 516 794
Inventories, net 201 2
Cost and estimated earnings in excess of billings on uncompleted contracts 1,419 592
Prepaid expenses and other current assets 280 151
Current portion of assets held for sale 11,871 14,912
Total current assets 14,764 16,694
Property, plant and equipment, net 578 598
Advances to and investments in foreign joint ventures 9,869 10,947
Deferred tax benefit 40  
Other assets 246 116
Assets held for sale, less current portion 6,506 7,566
Total assets 32,003 35,921
Current liabilities:    
Current portion of long-term note payable 360 270
Short-term note payable 5,629 203
Accounts payable and other accrued expenses 2,023 1,058
Accrued payroll and benefits 613 574
Current portion of liabilities held for sale 13,710 13,558
Total current liabilities 22,335 15,663
Long-term note payable, net   5,524
Deferred compensation 188 213
Total liabilities 22,523 21,400
Convertible preferred stock:    
Redeemable convertible preferred stock, Series A, net of discount of $532 at June 30, 2018 and $562 at December 31, 2017; $0.001 par value, 1,000,000 shares authorized, issued and outstanding at June 30, 2018 and December 31, 2017 4,468 4,438
Stockholders’ equity:    
Common stock; $0.001 par value, 50,000,000 shares authorized, 9,078,837 and 8,850,532 shares issued and 8,884,862 and 8,669,650 shares outstanding at June 30, 2018 and December 31, 2017 9 9
Treasury stock, at cost 193,975 and 180,882 shares at June 30, 2018 and December 31, 2017 (934) (916)
Additional paid-in capital 14,331 13,811
Accumulated other comprehensive income (90) 401
Accumulated Deficit; including accumulated statutory reserves in equity method investments of $2,809 at June 30, 2018 and December 31, 2017 (8,304) (3,222)
Total stockholders’ equity 5,012 10,083
Total liabilities, convertible preferred stock and stockholders’ equity $ 32,003 $ 35,921