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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net revenues $ 13,275 $ 14,352 $ 24,505 $ 32,414
Cost of revenues 7,208 7,633 13,571 16,859
Gross margin 6,067 6,719 10,934 15,555
Operating expenses:        
Selling expense 1,761 2,087 3,813 4,461
Engineering and product development expense 1,217 1,208 2,509 2,492
General and administrative expense 2,888 3,718 5,772 7,455
Total operating expenses 5,866 7,013 12,094 14,408
Operating income (loss) 201 (294) (1,160) 1,147
Other income (loss) (18) (6) (50) 15
Earnings (loss) before income tax expense (benefit) 183 (300) (1,210) 1,162
Income tax expense (benefit) 13 (113) (237) 211
Net earnings (loss) $ 170 $ (187) $ (973) $ 951
Net earnings (loss) per common share - basic (in dollars per share) $ 0.02 $ (0.02) $ (0.10) $ 0.09
Weighted average common shares outstanding - basic (in shares) 10,252,490 10,411,276 10,236,672 10,398,147
Net earnings (loss) per common share - diluted (in dollars per share) $ 0.02 $ (0.02) $ (0.10) $ 0.09
Weighted average common shares and common share equivalents outstanding - diluted (in shares) 10,258,917 10,411,276 10,236,672 10,419,914