XML 21 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net revenues $ 14,443 $ 14,632 $ 38,948 $ 47,046
Cost of revenues 7,993 7,427 21,564 24,286
Gross margin 6,450 7,205 17,384 22,760
Operating expenses:        
Selling expense 1,747 2,044 5,560 6,505
Engineering and product development expense 1,316 1,261 3,825 3,753
General and administrative expense 2,960 3,094 8,732 10,549
Total operating expenses 6,023 6,399 18,117 20,807
Operating income (loss) 427 806 (733) 1,953
Other income (loss) 6 (12) (44) 3
Earnings (loss) before income tax expense (benefit) 433 794 (777) 1,956
Income tax expense (benefit) (25) 147 (262) 358
Net earnings (loss) $ 458 $ 647 $ (515) $ 1,598
Net earnings (loss) per common share - basic (in dollars per share) $ 0.04 $ 0.06 $ (0.05) $ 0.15
Weighted average common shares outstanding - basic (in shares) 10,269,995 10,421,383 10,247,779 10,405,892
Net earnings (loss) per common share - diluted (in dollars per share) $ 0.04 $ 0.06 $ (0.05) $ 0.15
Weighted average common shares and common share equivalents outstanding - diluted (in shares) 10,287,562 10,429,536 10,247,779 10,423,121