v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 7,620 $ 11,939
Short-term investments 11,991 12,942
Accounts receivable, less current expected credit loss of $107 and $108, respectively 3,904 5,355
Inventories, net 358 373
Prepaid expenses and other current assets 1,153 1,335
Total current assets 25,026 31,944
Property and equipment, net of accumulated depreciation of $17,608 and $19,433, respectively 4,782 4,739
Goodwill 2,116 2,116
Other intangible assets, net of accumulated amortization of $604 and $561, respectively 604 646
Right-of-use operating lease assets, net 490 536
Long-term investments 9,974 6,991
Other assets 202 207
Total assets 43,194 47,179
Current liabilities:    
Accounts payable 2,817 3,242
Accrued liabilities:    
Operating lease liabilities - current 94 89
Employee compensation 718 1,308
Other accrued liabilities 1,279 1,634
Total current liabilities 4,908 6,273
Operating lease liabilities - non-current 439 491
Deferred income taxes, net 187 187
Other liabilities 293 296
Total liabilities 5,827 7,247
Stockholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 32,457,627 and 32,281,179 shares issued, and 31,216,789 and 31,074,438 shares outstanding, respectively 324 322
Additional paid-in capital 165,712 165,616
Accumulated deficit (124,381) (121,796)
Accumulated other comprehensive loss (1,751) (1,718)
Nil coupon perpetual loan notes 76 76
Treasury stock, at cost (2,613) (2,568)
Total stockholders’ equity 37,367 39,932
Total liabilities and stockholders’ equity $ 43,194 $ 47,179