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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenues $ 12,391,000 $ 16,683,000 $ 42,411,000 $ 46,657,000
Cost of revenues 6,885,000 9,247,000 23,290,000 25,738,000
Gross margin 5,506,000 7,436,000 19,121,000 20,919,000
Research and development expenses 2,408,000 2,162,000 6,950,000 6,585,000
Selling, general and administrative expenses 3,855,000 3,945,000 11,779,000 12,448,000
Income (loss) from operations (757,000) 1,329,000 392,000 1,886,000
Interest income and other 170,000 35,000 306,000 192,000
Income (loss) before income taxes (587,000) 1,364,000 698,000 2,078,000
Income tax expense (benefit) (234,000) 297,000 92,000 444,000
Net income (loss) $ (353,000) $ 1,067,000 $ 606,000 $ 1,634,000
Net income (loss) per share – Basic $ (0.05) $ 0.15 $ 0.09 $ 0.23
Net income (loss) per share – Diluted $ (0.05) $ 0.15 $ 0.08 $ 0.23
Weighted average shares outstanding – Basic 7,117 7,041 7,108 7,012
Weighted average shares outstanding – Diluted 7,117 7,299 7,245 7,176