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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net sales $ 2,350 $ 3,261 $ 5,172 $ 6,449
Cost of sales 1,611 2,243 3,662 4,461
Gross margin 739 1,018 1,510 1,988
Selling & administrative expenses 1,131 1,241 2,765 2,530
Transaction related costs 50
Intangible amortization 54 54 108 108
Operating loss (446) (277) (1,363) (700)
Interest expense 36 12 66 24
Loss before income tax (482) (289) (1,429) (724)
Income Tax expense 3 1 3 1
Net loss $ (485) $ (290) $ (1,432) $ (725)
Basic Diluted net loss per common share (in dollars per share) $ (0.03) $ (0.02) $ (0.08) $ (0.04)
Basic common weighted shares outstanding (in shares) 16,953,176 16,953,176 16,953,176 16,953,176
Diluted common weighted shares outstanding (in shares) 16,953,176 16,953,176 16,953,176 16,953,176