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CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 7,066,000 $ 7,510,000
Accounts receivable, net 5,538,000 7,559,000
Inventories 140,000 322,000
Income tax receivable 247,000 126,000
Prepaid expenses and other 523,000 375,000
Total Current Assets 13,514,000 15,892,000
Other Assets:    
Property and equipment, net 369,000 549,000
Operating lease right-of-use assets 73,000 177,000
Other, net 107,000 372,000
Total Assets 14,063,000 16,990,000
Current Liabilities:    
Accounts payable 2,276,000 3,036,000
Accrued liabilities:    
Compensation 436,000 539,000
Other 664,000 570,000
Current portion of long-term debt 640,000 0
Current portion of operating lease liabilities 111,000 212,000
Deferred revenue 316,000 140,000
Total Current Liabilities 4,443,000 4,497,000
Long-Term Liabilities:    
Accrued income taxes 668,000 643,000
Long-term debt 414,000 0
Operating lease liabilities 0 56,000
Total Long-Term Liabilities 1,082,000 699,000
Commitments and Contingencies
Shareholders' Equity:    
Common stock, par value $.01: Authorized shares - 40,000,000 Issued and outstanding shares - 12,235,000 at September 30, 2020 and 12,074,000 at December 31, 2019 122,000 121,000
Additional paid-in capital 16,106,000 15,934,000
Retained earnings (Accumulated deficit) (7,690,000) (4,261,000)
Total Shareholders' Equity 8,538,000 11,794,000
Total Liabilities and Shareholders' Equity $ 14,063,000 $ 16,990,000