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CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 7,755,000 $ 7,510,000
Accounts receivable, net 6,199,000 7,559,000
Inventories 313,000 322,000
Income tax receivable 245,000 126,000
Prepaid expenses and other 371,000 375,000
Total Current Assets 14,883,000 15,892,000
Other Assets:    
Property and equipment, net 496,000 549,000
Operating lease right-of-use assets 143,000 177,000
Other, net 150,000 372,000
Total Assets 15,672,000 16,990,000
Current Liabilities:    
Accounts payable 2,846,000 3,036,000
Accrued liabilities:    
Compensation 347,000 539,000
Other 261,000 570,000
Current portion of operating lease liabilities 216,000 212,000
Deferred revenue 350,000 140,000
Total Current Liabilities 4,020,000 4,497,000
Long-Term Liabilities:    
Accrued income taxes 652,000 643,000
Operating lease liabilities 0 56,000
Total Long-Term Liabilities 652,000 699,000
Commitments and Contingencies
Shareholders' Equity:    
Common stock, par value $.01: Authorized shares - 40,000,000 Issued and outstanding shares - 12,107,000 at March 31, 2020 and 12,074,000 at December 31, 2019, respectively 121,000 121,000
Additional paid-in capital 16,003,000 15,934,000
Retained earnings (Accumulated deficit) (5,124,000) (4,261,000)
Total Shareholders' Equity 11,000,000 11,794,000
Total Liabilities and Shareholders' Equity $ 15,672,000 $ 16,990,000