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CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Net Sales $ 23,413 $ 22,017
Cost of goods sold 10,545 10,473
Gross margin 12,868 11,544
Operating expenses:    
Research and development 5,065 4,701
Selling, general and administrative 6,376 5,850
Total operating expenses 11,441 10,551
Operating income 1,427 993
Non-operating income (expense):    
Interest income 44 105
Gain on sale of assets 140 0
Foreign currency transaction gain (loss) 81 (176)
Total non-operating income (expense) 265 (71)
Income before income taxes 1,692 922
Income tax (expense) benefit (36) 5
Net income $ 1,656 $ 927
Basic earnings per share $ 0.21 $ 0.12
Diluted earnings per share $ 0.20 $ 0.12
Weighted-average basic shares 7,968 7,907
Weighted-average diluted shares 8,132 8,054