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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME        
Net revenue $ 11,520,000 $ 14,798,000 $ 24,870,000 $ 29,120,000
Cost of sales 8,472,000 9,290,000 17,339,000 18,331,000
Gross profit 3,048,000 5,508,000 7,531,000 10,789,000
Selling, general and administrative expenses 4,620,000 5,460,000 10,310,000 10,722,000
Impairment of goodwill and other intangible assets 1,612,000 0 1,612,000 0
Operating (loss)income (3,184,000) 48,000 (4,391,000) 67,000
Loss (gain) on sale of property and equipment 1,000 (7,824,000) 1,000 (7,817,000)
Other income (31,000) 0 (31,000) 0
Interest expense 41,000 68,000 97,000 131,000
(Loss) income (3,195,000) 7,804,000 (4,458,000) 7,753,000
Income tax (benefit) expense (814,000) 2,116,000 (1,319,000) 2,091,000
Net (loss) income $ (2,381,000) $ 5,688,000 $ (3,139,000) $ 5,662,000
Basic (loss) earnings per share $ (0.76) $ 1.74 $ (1.00) $ 1.73
Diluted (loss) earnings per share $ (0.76) $ 1.71 $ (1.00) $ 1.70
Weighted average common shares outstanding:        
Basic 3,148,000 3,163,000 3,146,000 3,271,000
Diluted 3,148,000 3,230,000 3,146,000 3,337,000
Net (loss) income $ (2,381,000) $ 5,688,000 $ (3,139,000) $ 5,662,000
Other comprehensive(loss) - foreign currency translation adjustment (12,000) (51,000) (137,000) (7,000)
Total comprehensive (loss) income $ (2,393,000) $ 5,637,000 $ (3,276,000) $ 5,655,000