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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Net revenues $ 53,823 $ 60,660
Cost of revenues 29,719 31,435
Gross margin 24,104 29,225
Operating expenses:    
Selling expense 7,522 8,460
Engineering and product development expense 5,070 4,964
General and administrative expense 11,444 13,012
Restructuring and other charges 1,285 240
Total operating expenses 25,321 26,676
Operating income (loss) (1,217) 2,549
Other income (loss) (14) 55
Earnings (loss) before income tax expense (benefit) (1,231) 2,604
Income tax expense (benefit) (336) 282
Net earnings (loss) $ (895) $ 2,322
Net earnings (loss) per common share – basic (in dollars per share) $ (0.09) $ 0.22
Weighted average common shares outstanding – basic (in shares) 10,256,560 10,373,164
Net earnings (loss) per common share – diluted (in dollars per share) $ (0.09) $ 0.22
Weighted average common shares and common share equivalents outstanding – diluted (in shares) 10,256,560 10,391,975