v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net loss $ (6,338,000) $ (1,680,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,844,000 3,181,000
Deferred income taxes 105,000 232,000
Non-cash compensation 1,118,000 868,000
Deferred loan costs recognized 7,000 8,000
Provision for excess and obsolete inventory 1,322,000 593,000
Non-cash lease expense 1,105,000 1,160,000
Net gain on sale leaseback transaction 2,370,000 (0)
Other noncash items 451,000 414,000
Contributions to pension plans (335,000) (712,000)
Changes in operating assets and liabilities:    
Accounts receivable 692,000 (1,826,000)
Inventory 13,265,000 9,129,000
Prepaid expenses and other assets 626,000 (1,934,000)
Accounts payable (8,239,000) (8,163,000)
Accrued and other liabilities (9,984,000) 734,000
Net cash used in operating activities (5,731,000) 2,004,000
Cash flows from investing activities:    
Capital expenditures (756,000) (1,083,000)
Proceeds from sale leaseback transaction 2,924,000 24,000
Net cash provided by (used in) investing activities 2,168,000 (1,059,000)
Cash flows from financing activities:    
Proceeds from equipment financing obligations 0 430,000
Proceeds from Note payable – related party 3,000,000 2,500,000
Principal payments on finance lease obligations (1,556,000) (1,366,000)
Principal payments on equipment financing obligations (505,000) (618,000)
Indirect repurchase of shares for minimum statutory tax withholdings (102,000) (126,000)
Net cash provided by financing activities 837,000 820,000
Effect of exchange rate changes on cash balances (179,000) 29,000
Net (decrease) increase in cash and cash equivalents (2,905,000) 1,794,000
Cash and cash equivalents at beginning of period 9,675,000 7,881,000
Cash and cash equivalents at end of period 6,770,000 9,675,000
Supplemental disclosure of cash flow information:    
Capital expenditures purchased through equipment financing obligations 317,000 0
Right-of-use asset arising from operating lease liabilities 4,691,000 1,592,000
Assets arising from finance lease liabilities $ 4,033,000 $ 0