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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenues $ 11,828,000 $ 15,040,000 $ 40,157,000 $ 52,785,000
Cost of revenues 6,236,000 8,399,000 21,434,000 30,055,000
Gross margin 5,592,000 6,641,000 18,723,000 22,730,000
Research and development expenses 1,947,000 1,997,000 5,892,000 6,137,000
Selling, general and administrative expenses 3,793,000 3,491,000 11,821,000 11,028,000
Amortization of intangibles 15,000 16,000 50,000 50,000
Income (loss) from operations (163,000) 1,137,000 960,000 5,515,000
Interest income and other (25,000) 56,000 (141,000) 69,000
Income (loss) before income taxes (188,000) 1,193,000 819,000 5,584,000
Income tax provision (benefit) (116,000) 21,000 10,000 108,000
Net income (loss) $ (72,000) $ 1,172,000 $ 809,000 $ 5,476,000
Net income (loss) per share – Basic $ (0.01) $ 0.17 $ 0.12 $ 0.80
Net income (loss) per share – Diluted $ (0.01) $ 0.16 $ 0.11 $ 0.78
Weighted average shares outstanding – Basic 6,959 6,859 6,939 6,813
Weighted average shares outstanding – Diluted 6,959 7,154 7,041 7,013