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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues $ 20,820,000 $ 12,391,000 $ 53,245,000 $ 42,411,000
Cost of revenues 12,125,000 6,885,000 29,953,000 23,290,000
Gross margin 8,695,000 5,506,000 23,292,000 19,121,000
Research and development expenses 2,403,000 2,408,000 6,980,000 6,950,000
Selling, general and administrative expenses 4,082,000 3,855,000 11,900,000 11,779,000
Income (loss) from operations 2,210,000 (757,000) 4,412,000 392,000
Interest income and other (2,000) 170,000 326,000 306,000
Income (loss) before income taxes 2,208,000 (587,000) 4,738,000 698,000
Income tax expense (benefit) 409,000 (234,000) 462,000 92,000
Net income (loss) $ 1,799,000 $ (353,000) $ 4,276,000 $ 606,000
Net income (loss) per share – Basic $ 0.25 $ (0.05) $ 0.59 $ 0.09
Net income (loss) per share – Diluted $ 0.24 $ (0.05) $ 0.57 $ 0.08
Weighted average shares outstanding – Basic 7,240 7,117 7,198 7,108
Weighted average shares outstanding – Diluted 7,519 7,117 7,445 7,245