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CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net Sales $ 4,958 $ 5,599 $ 10,860 $ 10,418
Cost of goods sold 2,236 2,577 5,280 4,901
Gross margin 2,722 3,022 5,580 5,517
Operating expenses:        
Research and development 1,243 1,173 2,341 2,323
Selling, general and administrative 1,415 1,456 2,953 3,144
Provision for business restructuring 0 0 0 13
Total operating expenses 2,658 2,629 5,294 5,480
Operating income (loss) 64 393 286 37
Non-operating income (expense):        
Interest income 27 53 58 72
Foreign currency transaction gain (loss) 7 8 (188) 27
Total non-operating income (expense) 34 61 (130) 99
Income (loss) before income taxes 98 454 156 136
Income tax (expense) benefit 2 (7) (7) (32)
Net income $ 100 $ 447 $ 149 $ 104
Basic earnings per share $ 0.01 $ 0.06 $ 0.02 $ 0.01
Diluted earnings per share $ 0.01 $ 0.06 $ 0.02 $ 0.01
Weighted-average basic shares 7,894 7,814 7,879 7,801
Weighted-average diluted shares 8,078 7,899 8,062 7,892