v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 2,724,000 $ 2,950,000
Accounts receivable, net 1,542,000 1,612,000
Inventories 1,801,000 2,009,000
Prepaid expenses and other current assets 236,000 328,000
Total current assets 6,303,000 6,899,000
Property, plant and equipment, net 474,000 411,000
Intangible assets, net 1,333,000 1,874,000
Goodwill 2,586,000 2,658,000
Right-of-use assets 760,000 1,064,000
Deferred tax assets 202,000 82,000
Other assets 80,000 128,000
Total assets 11,738,000 13,116,000
Current liabilities    
Accounts payable 985,000 573,000
Accrued liabilities 330,000 377,000
Lease liabilities, current 324,000 352,000
Accrued income taxes 24,000 88,000
Total current liabilities 1,663,000 1,390,000
Long-term liabilities    
Lease liabilities, long term 493,000 777,000
Deferred tax liabilities 361,000 456,000
Total long-term liabilities 854,000 1,233,000
Total liabilities 2,517,000 2,623,000
Commitments and contingencies (Note 11)
Stockholders' equity    
Preferred stock, $0.01 par value: 1,000 shares authorized, 0 and 200 shares of Series A Convertible Preferred Stock issued and outstanding at December 31, 2025 and 2024   2,000
Common stock, $0.001 par value: 30,000 shares authorized, 15,750 and 14,796 shares issued and outstanding at December 31, 2025 and 2024, respectively 16,000 15,000
Additional paid-in-capital 62,594,000 62,308,000
Accumulated other comprehensive income 406,000 15,000
Accumulated deficit (53,795,000) (51,847,000)
Total stockholders' equity 9,221,000 10,493,000
Total liabilities and stockholders' equity $ 11,738,000 $ 13,116,000