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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,062 $ 1,814
Accounts receivable 6,327 5,620
Inventories, net 158 226
Prepaid expenses and other current assets 3,336 3,111
Due from related parties 2 42
Total current assets 12,885 10,813
Cost 90,763 90,422
Less accumulated depreciation (40,560) (38,384)
Property, plant and equipment, net 50,203 52,038
Right-of-use assets 678 786
Goodwill 4,453 4,453
Investments in foreign joint ventures 12,256 11,897
Other noncurrent assets 320 326
Total assets 80,795 80,313
Current liabilities:    
Current portion of long-term notes payable 641 680
Current portion of long-term notes payable - related parties 3,422 3,351
Current portion of finance lease obligation 17 0
Current portion of finance lease obligation - related parties 0 648
Current portion of operating lease obligations 306 362
Short-term notes payable 190 432
Accrued liabilities 5,232 4,361
Accounts payable 5,401 4,395
Total current liabilities 15,209 14,229
Long-term notes payable, net of current portion 667 682
Long-term notes payable, net of current portion - related parties 2,093 2,726
Finance lease obligations, net of current portion 75 0
Long-term portion of operating lease obligations 436 490
Deferred compensation 44 59
Deferred income taxes 106 97
Total liabilities 18,630 18,283
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred Stock; $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2021 and December 31, 2020 0 0
Common stock; $0.001 par value, 37,500,000 shares authorized, 16,896,626 shares issued and outstanding at March 31, 2021 and December 31, 2020 (Note 13) 17 17
Additional paid-in capital 91,440 91,278
Accumulated other comprehensive income (loss) (80) 122
Accumulated deficit (29,212) (29,387)
Total stockholders’ equity 62,165 62,030
Total liabilities and stockholders’ equity $ 80,795 $ 80,313