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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Revenue from product sales $ 36,505,000 $ 46,180,000
Cost of sales for product sales 35,086,000 49,105,000
Impairment loss, property and equipment 0 636,600
Inventory adjustment for lower of cost or market (Note 1) 0 1,283,000
Total cost of sales 35,086,000 51,025,000
Operating income (loss) 1,419,000 (4,845,000)
Total selling, general and administrative expenses 4,475,000 3,879,000
Loss before other income (expense) (3,056,000) (8,724,000)
Other income (expense)    
Interest expense, including loan fee amortization (509,000) (695,000)
Gain on sale of assets 0 320,000
Gain on insurance proceeds 399,000 0
Other income, net 16,000 27,000
Total other expense (94,000) (348,000)
Loss before income taxes (3,150,000) (9,072,000)
Income tax provision (Note 7) 80,000 13,000
Net loss from continuing operations (3,230,000) (9,085,000)
Income from discontinued operations, net of tax, including gain of $6.0 million in 2015 0 7,320,000
Net Loss $ (3,230,000) $ (1,765,000)
Continuing operations, basic (in dollars per share) $ (0.40) $ (1.14)
Discontinued operations, basic (in dollars per share) 0 0.92
Continuing operations, diluted (in dollars per share) (0.40) (1.14)
Discontinued operations, diluted (in dollars per share) $ 0 $ 0.92
Weighted average shares outstanding:    
Basic (in Shares) 8,048 7,989
Diluted (in Shares) 8,048 7,989