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CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales $ 6,058 $ 7,629
Cost of goods sold 2,373 3,213
Gross margin 3,685 4,416
Operating expenses:    
Research and development 1,681 1,879
Selling, general and administrative 1,975 2,193
Total operating expenses 3,656 4,072
Operating income 29 344
Non-operating income (expense):    
Interest income 12 7
Gain on sale of assets 60 0
Foreign currency transaction gain (loss) (104) (176)
Total non-operating income (32) (169)
Income (loss) before income taxes (3) 175
Income tax (expense) benefit 29 (45)
Net income $ 26 $ 130
Basic earnings per share $ 0.00 $ 0.02
Diluted earnings per share $ 0.00 $ 0.02
Weighted-average basic shares 8,303 8,287
Weighted-average diluted shares 8,417 8,542