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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 23,492 $ 20,342 $ 18,843
Cost of revenues 17,680 17,783 12,913
Gross profit 5,812 2,559 5,930
Operating expenses:      
Selling, general and administrative expense 20,063 18,629 17,506
Depreciation and amortization 1,544 1,549 1,366
Research and development 139 155 222
Provision for (credit to) bad debt 131 13 (16)
Impairment of goodwill 4,347 3,152
Other operating (income) expenses (20) 5
Total operating expenses 21,857 24,693 22,235
Continuing loss from operations (16,045) (22,134) (16,305)
Other income (expense) 567 (316) 310
Interest expense (61) (216) (201)
Loss from continuing operations before income taxes and equity in net loss of affiliate (15,539) (22,666) (16,196)
Net loss of affiliate (1,043)
Loss from continuing operations before taxes (16,582) (22,666) (16,196)
Income tax benefit (2,956) (1,342) (2,251)
Loss from continuing operations, net of income taxes (13,626) (21,324) (13,945)
Discontinued operations (Note 2)      
Income from operations of discontinued power and electromechanical components businesses (including gain on disposal of $14,100) 12,908 5,135 2,001
Income tax expense 411 1,136 645
Income from discontinued operations, net of income taxes 12,497 3,999 1,356
Net loss $ (1,129) $ (17,325) $ (12,589)
Basic and diluted weighted average number of shares outstanding (in shares) 28,654,500 28,517,339 22,397,865
Loss from continuing operations per common share - basic and diluted (in dollars per share) $ (0.48) $ (0.75) $ (0.62)
Earnings from discontinued operations per common share - basic and diluted (in dollars per share) 0.44 0.14 0.06
Loss per common share - basic and diluted (in dollars per share) $ (0.04) $ (0.61) $ (0.56)