XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 14,285 $ 14,365
Accounts receivable, net 2,585 3,788
Contract assets 2,895 2,170
Inventories, net 4,290 2,538
Other current assets 848 797
Total current assets 24,903 23,658
Employee retention credit receivable 1,529
Property, plant and equipment, net 12,207 12,596
Intangible assets, net 107 119
Other assets 10 10
Total assets 37,227 37,912
Current liabilities:    
Accounts payable 1,477 1,454
Accrued expenses 1,711 2,591
Current maturities of long-term debt 80 77
Deposits from purchaser of MesoScribe assets – note 11 597
Contract liabilities 4,858 4,042
Total current liabilities 8,723 8,164
Long-term debt, net of current portion 288 349
Total liabilities 9,011 8,513
Stockholders’ equity:    
Common stock - $0.01 par value – 20,000,000 shares authorized; issued and outstanding 6,820,665 at September 30, 2023 and 6,760,938 at December 31, 2022 68 67
Additional paid-in capital 28,434 27,712
Retained earnings (accumulated deficit) (286) 1,620
Total stockholders’ equity 28,216 29,399
Total liabilities and stockholders’ equity $ 37,227 $ 37,912