Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 3,173 $ 441
Marketable securities, available for sale 18,765
Escrow receivable-current portion 2,500
Accounts receivable, net 1,945 5,770
Inventory 1,531 2,736
Prepaid expenses and other current assets 481 680
Income tax receivable 502
Assets held for sale 22
Total current assets 28,919 9,627
Property, plant and equipment, net of accumulated depreciation of $5,471 and $5,134, respectively 2,742 3,175
Escrow receivable 2,500
Total assets 34,161 12,802
LIABILITIES    
Secured promissory notes, net 1,490
Accounts payable 562 2,156
Accrued advertising and other allowances 200 2,805
Other current liabilities 310 389
Total current liabilities 1,072 6,840
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, authorized 1,000,000, $.0005 par value, no shares issued
Common stock, $.0005 par value; authorized 50,000,000; issued: 27,696,593 and 26,313,593 shares, respectively 14 13
Additional paid-in-capital 58,034 56,378
Retained earnings (accumulated deficit) 22,144 (19,687)
Treasury stock, at cost, 16,566,701 and 9,232,817 shares (47,025) (30,742)
Other comprehensive loss (78)
Total stockholders' equity 33,089 5,962
Total liabilities and stockholders' equity $ 34,161 $ 12,802