v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 9,109 $ 11,939
Short-term investments 12,470 12,942
Accounts receivable, less current expected credit loss of $107 and $108, respectively 4,112 5,355
Inventories, net 364 373
Prepaid expenses and other current assets 1,099 1,335
Total current assets 27,154 31,944
Property and equipment, net of accumulated depreciation of $18,048 and $19,433, respectively 4,886 4,739
Goodwill 2,116 2,116
Other intangible assets, net of accumulated amortization of $586 and $561, respectively 620 646
Right-of-use operating lease assets, net 516 536
Long-term investments 8,995 6,991
Other assets 200 207
Total assets 44,487 47,179
Current liabilities:    
Accounts payable 2,144 3,242
Accrued liabilities:    
Operating lease liabilities - current 92 89
Employee compensation 1,265 1,308
Other accrued liabilities 1,487 1,634
Total current liabilities 4,988 6,273
Operating lease liabilities - non-current 465 491
Deferred income taxes, net 187 187
Other liabilities 291 296
Total liabilities 5,931 7,247
Stockholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 32,390,127 and 32,281,179 shares issued, and 31,157,075 and 31,074,438 shares outstanding, respectively 323 322
Additional paid-in capital 165,671 165,616
Accumulated deficit (123,151) (121,796)
Accumulated other comprehensive loss (1,761) (1,718)
Nil coupon perpetual loan notes 76 76
Treasury stock, at cost (2,602) (2,568)
Total stockholders’ equity 38,556 39,932
Total liabilities and stockholders’ equity $ 44,487 $ 47,179