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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Product revenues $ 9,569,000 $ 7,334,000 $ 17,295,000 $ 13,659,000
Service revenues 4,387,000 3,374,000 7,908,000 6,627,000
Royalties   902,000   1,801,000
Total revenues 13,956,000 11,610,000 25,203,000 22,087,000
Cost of product revenues 5,303,000 4,182,000 9,617,000 8,209,000
Cost of service revenues 2,347,000 2,285,000 4,590,000 4,608,000
Total cost of revenues 7,650,000 6,467,000 14,207,000 12,817,000
Gross profit 6,306,000 5,143,000 10,996,000 9,270,000
Operating expenses        
Sales and marketing 410,000 379,000 788,000 651,000
Research and development 1,648,000 3,797,000 2,994,000 5,930,000
General and administrative 4,604,000 3,244,000 9,025,000 6,704,000
Total operating expenses 6,662,000 7,420,000 12,807,000 13,285,000
Loss from operations (356,000) (2,277,000) (1,811,000) (4,015,000)
Interest expense, net (30,000) (24,000) (58,000) (50,000)
Other income, net 10,000 81,000 52,000 206,000
Total non-operating (loss) income (20,000) 57,000 (6,000) 156,000
Loss before income taxes (376,000) (2,220,000) (1,817,000) (3,859,000)
Provision for income taxes 0 48,000 0 52,000
Net loss $ (376,000) $ (2,268,000) $ (1,817,000) $ (3,911,000)
Basic net income (loss) per common share $ 0.01 $ (0.21) $ (0.13) $ (0.36)
Diluted net loss per common share $ (0.03) $ (0.21) $ (0.13) $ (0.36)
Basic weighted average common shares outstanding 10,803 10,789 10,803 10,789
Diluted weighted average common shares outstanding 10,954 10,789 10,803 10,789