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CONDENSED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 10,246	$ 9,870
Investments	56	56
Trade receivables, less allowance for credit losses of $11 and $11, respectively	1,182	1,283
Inventories	2,003	1,751
Other current assets	240	179
Income tax receivable	32	0
Total current assets	13,759	13,139
Deferred income tax asset, net	287	355
Property and equipment, net	911	951
Total assets	14,957	14,445
Current liabilities
Accounts payable	220	291
Accrued expenses	639	323
Accrued income taxes	0	76
Total current liabilities	859	690
Commitments and contingencies
Stockholders' equity
Common stock par value $0.10 per share; authorized 10,000,000 shares; 3,428,021 shares issued and outstanding	342	342
Additional paid-in capital	2,328	2,230
Retained earnings	11,428	11,183
Total stockholders' equity	14,098	13,755
Total liabilities and stockholders' equity	$ 14,957	$ 14,445

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

ELECTRO SENSORS INC 10-Q