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CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]    
Net Sales $ 34,051 $ 23,413
Cost of goods sold 13,992 10,545
Gross margin 20,059 12,868
Operating expenses:    
Research and development 6,896 5,065
Selling, general and administrative 8,116 6,376
Total operating expenses 15,012 11,441
Operating income 5,047 1,427
Non-operating income (expense):    
Interest income 29 44
Gain on sale of assets 366 140
Foreign currency transaction gain (loss) (281) 81
Total non-operating income (expense) 114 265
Income before income taxes 5,161 1,692
Income tax (expense) benefit 288 (36)
Net income $ 5,449 $ 1,656
Basic earnings per share $ 0.67 $ 0.21
Diluted earnings per share $ 0.65 $ 0.20
Weighted-average basic shares 8,149 7,968
Weighted-average diluted shares 8,436 8,132