v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,831,000 $ 2,724,000
Accounts receivable, net 2,148,000 1,542,000
Inventories 1,799,000 1,801,000
Prepaid expenses and other current assets 258,000 236,000
Total current assets 6,036,000 6,303,000
Property, plant and equipment, net 379,000 474,000
Intangible assets, net 1,001,000 1,333,000
Goodwill 2,542,000 2,586,000
Right-of-use assets 977,000 760,000
Deferred tax assets 215,000 202,000
Other assets 84,000 80,000
Total assets 11,234,000 11,738,000
Current liabilities    
Accounts payable 568,000 985,000
Accrued liabilities 298,000 330,000
Lease liabilities, current 409,000 324,000
Accrued income taxes 44,000 24,000
Total current liabilities 1,319,000 1,663,000
Long-term liabilities    
Lease liabilities, long term 619,000 493,000
Deferred tax liabilities 268,000 361,000
Total long-term liabilities 887,000 854,000
Total liabilities 2,206,000 2,517,000
Commitments and contingencies (Note 9)
Stockholders' equity    
Preferred stock, $0.01 par value: 1,000 shares authorized, no shares issued or outstanding at June 30, 2026 and December 31, 2025
Common stock, $0.001 par value: 30,000 shares authorized, 15,750 shares issued and outstanding at both June 30, 2026 and December 31, 2025 16,000 16,000
Additional paid-in-capital 62,608,000 62,594,000
Accumulated other comprehensive income 289,000 406,000
Accumulated deficit (53,885,000) (53,795,000)
Total stockholders' equity 9,028,000 9,221,000
Total liabilities and stockholders' equity $ 11,234,000 $ 11,738,000