Balance Sheet

v3.8.0.1
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash $ 4 $ 3
Trade receivables, net 17,044 18,276
Receivables from affiliates 33 76
Inventory, net 28,029 26,691
Prepaid income tax 997 896
Prepaid expenses and other 325 591
Total current assets 46,432 46,533
NON-CURRENT ASSETS    
Property, plant and equipment, net 13,613 13,797
Intangible assets, net 22,640 23,277
Goodwill 30,579 30,579
Deferred financing costs - revolving loan facility 280 298
Other long-term assets 13 13
Deferred tax asset 624 624
Total assets 114,181 115,121
LIABILITIES AND STOCKHOLDERS' EQUITY    
Note payable - current portion 2,000 2,000
Trade accounts payable 14,600 15,174
Payables to affiliates 1,200 1,063
Accrued compensation and benefits 932 1,483
Accrued warranties 1,666 1,869
Accrued product liability- short term 553 778
Accrued other 1,128 1,039
Total current liabilities 22,079 23,406
NON-CURRENT LIABILITIES    
Revolving loan facility 13,594 12,511
Note payable - long term, net 12,181 12,664
Other long-term liabilities 689 739
Total liabilities 48,543 49,320
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value, 5,000 authorized, none outstanding at March 31, 2018 and December 31, 2017, respectively
Common stock, $0.001 par value, 50,000 authorized, 9,818 and 9,806 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 10 10
Additional paid-in capital 65,578 65,434
Retained earnings 50 357
Total Stockholders' Equity 65,638 65,801
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 114,181 $ 115,121

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