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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net revenues $ 21,820 $ 13,275 $ 41,376 $ 24,505
Cost of revenues 10,858 7,208 20,893 13,571
Gross margin 10,962 6,067 20,483 10,934
Operating expenses:        
Selling expense 2,605 1,761 5,008 3,813
Engineering and product development expense 1,356 1,217 2,678 2,509
General and administrative expense 3,769 2,850 6,930 5,726
Restructuring and other charges 197 38 252 46
Total operating expenses 7,927 5,866 14,868 12,094
Operating income (loss) 3,035 201 5,615 (1,160)
Other income (loss) 21 (18) 19 (50)
Earnings (loss) before income tax expense (benefit) 3,056 183 5,634 (1,210)
Income tax expense (benefit) 447 13 813 (237)
Net earnings (loss) $ 2,609 $ 170 $ 4,821 $ (973)
Net earnings (loss) per common share - basic (in dollars per share) $ 0.25 $ 0.02 $ 0.46 $ (0.10)
Weighted average common shares outstanding - basic (in shares) 10,442,916 10,252,490 10,386,183 10,236,672
Net earnings (loss) per common share - diluted (in dollars per share) $ 0.24 $ 0.02 $ 0.45 $ (0.10)
Weighted average common shares and common share equivalents outstanding - diluted (in shares) 10,764,936 10,258,917 10,645,381 10,236,672