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CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Net Sales $ 7,224 $ 4,613
Cost of goods sold 3,057 2,085
Gross margin 4,167 2,528
Operating expenses:    
Research and development 1,545 1,125
Selling, general and administrative 1,818 1,578
Total operating expenses 3,363 2,703
Operating income (loss) 804 (175)
Non-operating income (expense):    
Interest income 8 12
Gain on sale of assets 211 0
Foreign currency transaction gain (loss) (32) (4)
Total non-operating income (expense) 187 8
Income (loss) before income taxes 991 (167)
Income tax (expense) (12) (1)
Net income (loss) $ 979 $ (168)
Basic earnings (loss) per share $ 0.12 $ (0.02)
Diluted earnings (loss) per share $ 0.12 $ (0.02)
Weighted-average basic shares 8,031 7,945
Weighted-average diluted shares 8,327 7,945