XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 1,701 $ 2,515 $ 3,518 $ 6,261
Cost of sales 2,613 3,490 5,442 5,935
Gross (loss) profit (912) (975) (1,924) 326
Selling, general and administrative expenses 1,225 1,380 2,562 3,072
Research and development expense 189 190 383 405
Provision for bad debt expense 486 67 790 6
Operating loss (2,812) (2,612) (5,659) (3,157)
Interest (expense) income, net (11) 16 (12) 15
Other (expense) income, net (44) 183 (69) 1,203
Gain (loss) on disposal of fixed assets 1 (383) 1 (383)
Foreign currency transaction gain (loss) 71 (106) (162)
Loss before income tax (benefit) expense (2,795) (2,902) (5,739) (2,484)
Income tax (benefit) expense (218) 172 (306) 271
Net loss (2,577) (3,074) (5,433) (2,755)
Other comprehensive loss:        
Foreign currency translation (net of tax effect of $16, $(81), $(17) and $(36), respectively) (9) (542) (128) (88)
Other comprehensive loss (9) (542) (128) (88)
Comprehensive loss $ (2,586) $ (3,616) $ (5,561) $ (2,843)
Net loss per share (Note 3):        
Basic (in dollars per share) $ (0.13) $ (0.16) $ (0.27) $ (0.14)
Diluted (in dollars per share) $ (0.13) $ (0.16) $ (0.27) $ (0.14)
Weighted–average shares outstanding (Note 3):        
Basic (in shares) 20,152,029 19,669,353 20,152,029 19,607,204
Diluted (in shares) 20,152,029 19,669,353 20,152,029 19,607,204