XML 22 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
QUARTERLY SELECTED FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
The following tables contain selected quarterly financial data for each quarter for the years ended December 31, 2012 and 2013. We believe the following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any period are not necessarily indicative of results for any future periods.
 
 
 
Year Ended December 31, 2013
 
 
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
Products
 
$
3,775,000
 
$
5,303,000
 
$
6,966,000
 
$
7,096,000
 
Services
 
 
4,239,000
 
 
4,067,000
 
 
4,239,000
 
 
4,261,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
8,014,000
 
 
9,370,000
 
 
11,205,000
 
 
11,357,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of products
 
 
2,694,000
 
 
3,005,000
 
 
3,853,000
 
 
6,362,000
 
Cost of services
 
 
1,484,000
 
 
1,515,000
 
 
1,535,000
 
 
1,588,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4,178,000
 
 
4,520,000
 
 
5,388,000
 
 
7,950,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross Profit
 
 
3,836,000
 
 
4,850,000
 
 
5,817,000
 
 
3,407,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selling, general and administrative expenses
 
 
5,516,000
 
 
5,595,000
 
 
4,981,000
 
 
5,677,000
 
Research and development expenses
 
 
1,140,000
 
 
1,123,000
 
 
1,082,000
 
 
1,044,000
 
Other income, net
 
 
198,000
 
 
161,000
 
 
170,000
 
 
157,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss before income tax benefit
 
 
(2,622,000)
 
 
(1,707,000)
 
 
(76,000)
 
 
(3,157,000)
 
Income tax benefit - sale of NJ net operating losses
 
 
 
 
 
 
 
 
-
 
 
63,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(2,622,000)
 
$
(1,707,000)
 
$
(76,000)
 
$
(3,094,000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per share - basic and diluted
 
$
(0.22)
 
$
(0.14)
 
$
(0.01)
 
$
(0.26)
 
 
 
 
Year Ended December 31, 2012
 
 
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
Products
 
$
5,711,000
 
$
4,761,000
 
$
11,273,000
 
$
6,895,000
 
Services
 
 
4,101,000
 
 
3,920,000
 
 
4,206,000
 
 
3,768,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
9,812,000
 
 
8,681,000
 
 
15,479,000
 
 
10,663,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of products
 
 
3,463,000
 
 
2,810,000
 
 
5,385,000
 
 
4,380,000
 
Cost of services
 
 
1,403,000
 
 
1,321,000
 
 
1,497,000
 
 
1,446,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4,866,000
 
 
4,131,000
 
 
6,882,000
 
 
5,826,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross Profit
 
 
4,946,000
 
 
4,550,000
 
 
8,597,000
 
 
4,837,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selling, general and administrative expenses
 
 
5,589,000
 
 
5,671,000
 
 
5,467,000
 
 
5,682,000
 
Research and development expenses
 
 
1,114,000
 
 
1,085,000
 
 
1,098,000
 
 
1,044,000
 
Other income, net
 
 
110,000
 
 
140,000
 
 
135,000
 
 
181,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income before income tax benefit
 
 
(1,647,000)
 
 
(2,066,000)
 
 
2,167,000
 
 
(1,708,000)
 
Income tax benefit - sale of NJ net operating losses
 
 
 
 
 
 
 
 
 
 
 
662,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(1,647,000)
 
$
(2,066,000)
 
$
2,167,000
 
$
(1,046,000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income per share - basic and diluted
 
$
(0.14)
 
$
(0.18)
 
$
0.18
 
$
(0.09)