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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales $ 3,261 $ 1,402 $ 6,449 $ 3,351
Cost of sales 2,243 968 4,461 2,446
Gross margin 1,018 434 1,988 905
Selling & administrative expenses 1,241 1,042 2,530 2,096
Transaction related costs 0 263 50 402
Amortization 54 0 108 0
Operating loss (277) (871) (700) (1,593)
Other expense (income):        
Interest 12 0 24 0
Other income 0 (34) 0 (38)
Loss before income tax (289) (837) (724) (1,555)
Income tax expense 1 0 1 1
Net loss $ (290) $ (837) $ (725) $ (1,556)
Basic and Diluted net loss per share: (in dollars per share) $ (0.02) $ (0.07) $ (0.04) $ (0.13)
Basic and diluted average common shares outstanding (in shares) 16,953,176 11,649,360 16,953,176 11,649,360